{"id":7773,"date":"2023-05-12T09:47:33","date_gmt":"2023-05-12T13:47:33","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/what-to-expect-from-morgan-stanley-stock\/"},"modified":"2023-05-12T09:47:34","modified_gmt":"2023-05-12T13:47:34","slug":"what-to-expect-from-morgan-stanley-stock","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=7773","title":{"rendered":"What To Expect From Morgan Stanley Stock?"},"content":{"rendered":"<div>\n<p>Morgan Stanley\u2019s stock (NYSE: MS) has lost 2% YTD, as compared to the 8% rise in the S&amp;P500 over the same period. Further, the stock is currently trading at $84 per share, which is 14% below its fair value of $98 \u2013 Trefis\u2019 estimate for <strong data-ga-track=\"ExternalLink:https:\/\/www.trefis.com\/data\/companies\/MS\/no-login-required\/rao1dNUx\/Morgan-Stanley-MS-Valuation-Is-MS-Stock-Expensive-Or-Cheap-?fromforbesandarticle=trefis230512\">Morgan Stanley\u2019s valuation<\/strong><strong>. <\/strong>The investment bank surpassed the consensus estimates in the first quarter of 2023, despite a 2% y-o-y drop in the net revenues to $14.5 billion. The top line suffered due to a 3% decrease in investment management, a 24% decline in investment banking, down 14% in equity trading, and decreasing 12% in FICC (fixed income, currency &amp; commodity) trading businesses. That said, the wealth management unit posted an 11% y-o-y growth, primarily due to higher interest rates and loan growth. On the cost front, noninterest expenses as a % of revenues increased in the quarter. Overall, the adjusted net income was reduced by 20% y-o-y to $2.8 billion.<\/p>\n<p>The company\u2019s revenues fell by 10% y-o-y to $53.67 billion in FY 2022. It was driven by lower investment banking and equity trading revenues, partially offset by a 20% jump in FICC trading divisions. Further, the noninterest expenses increased in the year. Altogether, the adjusted net income decreased 28% y-o-y to $10.5 billion.<\/p>\n<p>Moving forward, we expect the same trend to continue in Q2 2023. All in all, <strong data-ga-track=\"ExternalLink:https:\/\/www.trefis.com\/data\/companies\/MS\/no-login-required\/I2VfA93s\/Morgan-Stanley-Revenues-How-Does-MS-Make-Money-?fromforbesandarticle=trefis230512\">Morgan Stanley\u2019s revenues<\/strong> are estimated to remain around $55.75 billion in FY2023. Additionally, MS\u2019s adjusted net income margin is likely to remain around the same level as the previous year, leading to an adjusted net income of $11.20 billion and an annual GAAP EPS of $6.81. This coupled with a P\/E multiple of just above 14x will lead to a valuation of $98.<\/p>\n<p>What if you\u2019re looking for a more balanced portfolio instead? Our <strong data-ga-track=\"ExternalLink:https:\/\/www.trefis.com\/data\/companies\/THEMES\/no-login-required\/ixlFNWUX\/High-Quality-Portfolio-with-175-Return-Since-2016-vs-50-for-SPY-30-Limit-Version-?fromforbesandarticle=trefis230512\">high-quality portfolio<\/strong> and <strong data-ga-track=\"ExternalLink:https:\/\/www.trefis.com\/data\/companies\/PORTFOLIOS\/no-login-required\/M7MacZNG\/Multi-Strategy-Portfolio-262-Return-Since-2016-vs-102-for-S-P-500?fromforbesandarticle=trefis230512\">multi-strategy portfolio<\/strong> have beaten the market consistently since the end of 2016.<\/p>\n<p><fbs-ad position=\"inread\" progressive=\"\" ad-id=\"article-0-inread\" aria-hidden=\"true\" role=\"presentation\"><\/fbs-ad><\/p>\n<p>Invest with <strong>Trefis <\/strong><strong data-ga-track=\"ExternalLink:https:\/\/dashboards.trefis.com\/data\/companies\/PORTFOLIOS\/no-login-required\/M7MacZNG?fromforbes\">Market Beating Portfolios<\/strong><\/p>\n<p>See all <strong>Trefis <\/strong><strong data-ga-track=\"ExternalLink:https:\/\/dashboards.trefis.com\/data\/price-estimates?fromforbes\">Price Estimates<\/strong><\/p>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.forbes.com\/sites\/greatspeculations\/2023\/05\/12\/what-to-expect-from-morgan-stanley-stock\/\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Morgan Stanley\u2019s stock (NYSE: MS) has lost 2% YTD, as compared to the 8% rise in the S&amp;P500 over the same period. Further, the stock is currently trading at $84 per share, which is 14% below its fair value of $98 \u2013 Trefis\u2019 estimate for Morgan Stanley\u2019s valuation. The investment bank surpassed the consensus estimates [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":7774,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[241],"tags":[83],"class_list":["post-7773","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-markets","tag-featured"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What To Expect From Morgan Stanley Stock? | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Morgan Stanley\u2019s stock (NYSE: MS) has lost 2% YTD, as compared to the 8% rise in the S&amp;P500 over the same period. Further, the stock is currently\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=7773\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What To Expect From Morgan Stanley Stock? | iFintechWorld\" \/>\n<meta property=\"og:description\" content=\"Morgan Stanley\u2019s stock (NYSE: MS) has lost 2% YTD, as compared to the 8% rise in the S&amp;P500 over the same period. Further, the stock is currently\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ifintechworld.com\/?p=7773\" \/>\n<meta property=\"og:site_name\" content=\"iFintechWorld\" \/>\n<meta property=\"article:published_time\" content=\"2023-05-12T13:47:33+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-05-12T13:47:34+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/05\/1683899254_0x0.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"800\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"News Room\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"News Room\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/ifintechworld.com\/?p=7773#article\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=7773\"},\"author\":{\"name\":\"News Room\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\"},\"headline\":\"What To Expect From Morgan Stanley Stock?\",\"datePublished\":\"2023-05-12T13:47:33+00:00\",\"dateModified\":\"2023-05-12T13:47:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=7773\"},\"wordCount\":316,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"keywords\":[\"Featured\"],\"articleSection\":[\"Markets\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/ifintechworld.com\/?p=7773#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ifintechworld.com\/?p=7773\",\"url\":\"https:\/\/ifintechworld.com\/?p=7773\",\"name\":\"What To Expect From Morgan Stanley Stock? | iFintechWorld\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/#website\"},\"datePublished\":\"2023-05-12T13:47:33+00:00\",\"dateModified\":\"2023-05-12T13:47:34+00:00\",\"description\":\"Morgan Stanley\u2019s stock (NYSE: MS) has lost 2% YTD, as compared to the 8% rise in the S&amp;P500 over the same period. Further, the stock is currently\",\"breadcrumb\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=7773#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ifintechworld.com\/?p=7773\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ifintechworld.com\/?p=7773#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ifintechworld.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"What To Expect From Morgan Stanley Stock?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ifintechworld.com\/#website\",\"url\":\"https:\/\/ifintechworld.com\/\",\"name\":\"Repay Down\",\"description\":\"Latest Personal Finance News, Tips and Updates\",\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ifintechworld.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ifintechworld.com\/#organization\",\"name\":\"Repay Down\",\"url\":\"https:\/\/ifintechworld.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"width\":558,\"height\":90,\"caption\":\"Repay Down\"},\"image\":{\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\",\"name\":\"News Room\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"caption\":\"News Room\"},\"sameAs\":[\"https:\/\/ifintechworld.com\"],\"url\":\"https:\/\/ifintechworld.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"What To Expect From Morgan Stanley Stock? | iFintechWorld","description":"Morgan Stanley\u2019s stock (NYSE: MS) has lost 2% YTD, as compared to the 8% rise in the S&amp;P500 over the same period. Further, the stock is currently","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ifintechworld.com\/?p=7773","og_locale":"en_US","og_type":"article","og_title":"What To Expect From Morgan Stanley Stock? | iFintechWorld","og_description":"Morgan Stanley\u2019s stock (NYSE: MS) has lost 2% YTD, as compared to the 8% rise in the S&amp;P500 over the same period. Further, the stock is currently","og_url":"https:\/\/ifintechworld.com\/?p=7773","og_site_name":"iFintechWorld","article_published_time":"2023-05-12T13:47:33+00:00","article_modified_time":"2023-05-12T13:47:34+00:00","og_image":[{"width":1200,"height":800,"url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/05\/1683899254_0x0.jpg","type":"image\/jpeg"}],"author":"News Room","twitter_card":"summary_large_image","twitter_misc":{"Written by":"News Room","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/ifintechworld.com\/?p=7773#article","isPartOf":{"@id":"https:\/\/ifintechworld.com\/?p=7773"},"author":{"name":"News Room","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61"},"headline":"What To Expect From Morgan Stanley Stock?","datePublished":"2023-05-12T13:47:33+00:00","dateModified":"2023-05-12T13:47:34+00:00","mainEntityOfPage":{"@id":"https:\/\/ifintechworld.com\/?p=7773"},"wordCount":316,"commentCount":0,"publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"keywords":["Featured"],"articleSection":["Markets"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ifintechworld.com\/?p=7773#respond"]}]},{"@type":"WebPage","@id":"https:\/\/ifintechworld.com\/?p=7773","url":"https:\/\/ifintechworld.com\/?p=7773","name":"What To Expect From Morgan Stanley Stock? | iFintechWorld","isPartOf":{"@id":"https:\/\/ifintechworld.com\/#website"},"datePublished":"2023-05-12T13:47:33+00:00","dateModified":"2023-05-12T13:47:34+00:00","description":"Morgan Stanley\u2019s stock (NYSE: MS) has lost 2% YTD, as compared to the 8% rise in the S&amp;P500 over the same period. Further, the stock is currently","breadcrumb":{"@id":"https:\/\/ifintechworld.com\/?p=7773#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ifintechworld.com\/?p=7773"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/ifintechworld.com\/?p=7773#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ifintechworld.com\/"},{"@type":"ListItem","position":2,"name":"What To Expect From Morgan Stanley Stock?"}]},{"@type":"WebSite","@id":"https:\/\/ifintechworld.com\/#website","url":"https:\/\/ifintechworld.com\/","name":"Repay Down","description":"Latest Personal Finance News, Tips and Updates","publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ifintechworld.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ifintechworld.com\/#organization","name":"Repay Down","url":"https:\/\/ifintechworld.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","width":558,"height":90,"caption":"Repay Down"},"image":{"@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61","name":"News Room","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","caption":"News Room"},"sameAs":["https:\/\/ifintechworld.com"],"url":"https:\/\/ifintechworld.com\/?author=1"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/7773","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7773"}],"version-history":[{"count":1,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/7773\/revisions"}],"predecessor-version":[{"id":7775,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/7773\/revisions\/7775"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/media\/7774"}],"wp:attachment":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7773"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7773"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7773"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}