Morgan Stanley MS Stock Analysis
- NYSE
- Stock
- Market closed · opens Monday 9:30 AM ET
$181.44 down $1.00, 0.55% at close Nov 6
Last close · Previous close $182.44
- Market cap
- At the Nov 6 close
- P/E ratio
- 14.40On last 12 months’ EPS
- Diluted EPS
- $12.60Last 12 months
- Dividend yield
- 2.37%Last 12 months
Price chart
$181.44down $1.00, 0.55%Fri, Nov 6 session
Use the left and right arrow keys to move along the chart.
Price data
Trading
- Previous close$182.44Nov 5
- Volume6.02MNov 6 session
Shares traded on all US exchanges in the last completed session. Live intraday volume covers IEX only, so it is left out.
- Avg. volume6.76MLast 21 sessions
The average daily shares traded over the last 21 trading sessions, about one calendar month.
- 52-week range: $152.80 to $232.25; now $181.44
The lowest and highest trades over the past 52 weeks, adjusted for splits. The marker shows the latest price.
Member SIPC.Low CommissionsLearn More (opens in a new tab)Sponsored. Affiliate link: I may earn a commission. The inclusion of Interactive Brokers’ (IBKR) name, logo or weblink is present pursuant to an advertising arrangement only. IBKR is not a contributor, reviewer, provider or sponsor of content published on this site, and is not responsible for the accuracy of any products or services discussed.
Performance
Past performance, measured to the Nov 6 close. Total return includes reinvested dividends.Price change only, without dividends. Compared with the S&P 500, using SPY.
MS beat the S&P 500 in 5 of 7 periods.
| Period | MS and S&P 500 | vs S&P 500 |
|---|---|---|
| Short term | ||
| 1M | MS: down 4.4% S&P 500: down 5.6% | MS beat the S&P 500 by 1.2 percentage points Beat |
| 3M | MS: down 14.6% S&P 500: down 4.1% | MS trailed the S&P 500 by 10.5 percentage points Trailed |
| YTD | MS: up 4.5% S&P 500: up 8.7% | MS trailed the S&P 500 by 4.2 percentage points Trailed |
| 1Y | MS: up 13.5% S&P 500: up 10.9% | MS beat the S&P 500 by 2.6 percentage points Beat |
| Long term | ||
| 3Y | MS: up 160.4% S&P 500: up 75.0% +37.6% vs +20.5% a year | MS beat the S&P 500 by 85.4 percentage points Beat |
| 5Y | MS: up 112.7% S&P 500: up 67.8% +16.3% vs +10.9% a year | MS beat the S&P 500 by 44.9 percentage points Beat |
| 10Y | MS: up 632.3% S&P 500: up 313.1% +22.0% vs +15.2% a year | MS beat the S&P 500 by 319.2 percentage points Beat |
$10,000 invested in MS 10 years ago (Nov 4, 2016) would be worth about $73,225 at the close on , with dividends reinvested. The same amount in the S&P 500 would be worth about $41,313.
MS beat the S&P 500 in 5 of 7 periods.
| Period | MS and S&P 500 | vs S&P 500 |
|---|---|---|
| Short term | ||
| 1M | MS: down 5.0% S&P 500: down 5.6% | MS beat the S&P 500 by 0.6 percentage points Beat |
| 3M | MS: down 15.1% S&P 500: down 4.3% | MS trailed the S&P 500 by 10.8 percentage points Trailed |
| YTD | MS: up 2.2% S&P 500: up 7.8% | MS trailed the S&P 500 by 5.6 percentage points Trailed |
| 1Y | MS: up 11.0% S&P 500: up 9.7% | MS beat the S&P 500 by 1.3 percentage points Beat |
| Long term | ||
| 3Y | MS: up 139.0% S&P 500: up 68.8% +33.7% vs +19.1% a year | MS beat the S&P 500 by 70.2 percentage points Beat |
| 5Y | MS: up 81.7% S&P 500: up 56.9% +12.7% vs +9.4% a year | MS beat the S&P 500 by 24.8 percentage points Beat |
| 10Y | MS: up 453.5% S&P 500: up 252.6% +18.7% vs +13.4% a year | MS beat the S&P 500 by 200.9 percentage points Beat |
$10,000 invested in MS 10 years ago (Nov 4, 2016) would be worth about $55,351 at the close on , not counting dividends. The same amount in the S&P 500 would be worth about $35,257.
All-time high
$228.55
Closing high on . Now 20.6% below that record.
Split-adjusted daily closes since Feb 23, 1993.
Stock splits
2
Latest: 2-for-1 on . One share bought before the first split is 4 shares today.
Both splits
- 2-for-1
- 2-for-1
Valuation
Financials
Reported results, not forecasts. From company filings via Tiingo; the latest report is Q3 FY26, the quarter ended Sep 30, 2026. “Last 12 months” means the four quarters from Oct 1, 2025 to Sep 30, 2026, and balance-sheet figures are as of Sep 30, 2026.
Revenue and net income
Last 12 months, with the change from the 12 months before
- Revenue
- $80.16Bup 16.2%
- Net income
- $20.45Bup 26.4%
- Diluted EPS
- $12.60up 29.2%
Data table
| Period | Revenue | Net income | Diluted EPS |
|---|---|---|---|
| Q4 FY24 (Dec 31, 2024) | $16.22B | $3.71B | $2.22 |
| Q1 FY25 (Mar 31, 2025) | $17.74B | $4.32B | $2.60 |
| Q2 FY25 (Jun 30, 2025) | $16.79B | $3.54B | $2.13 |
| Q3 FY25 (Sep 30, 2025) | $18.22B | $4.61B | $2.80 |
| Q4 FY25 (Dec 31, 2025) | $17.89B | $4.40B | $2.68 |
| Q1 FY26 (Mar 31, 2026) | $20.58B | $5.57B | $3.43 |
| Q2 FY26 (Jun 30, 2026) | $21.35B | $5.58B | $3.46 |
| Q3 FY26 (Sep 30, 2026) | $20.34B | $4.91B | $3.03 |
| Period | Revenue | Net income | Diluted EPS |
|---|---|---|---|
| FY21 (Dec 31, 2021) | $59.76B | $15.03B | $8.03 |
| FY22 (Dec 31, 2022) | $53.67B | $11.03B | $6.15 |
| FY23 (Dec 31, 2023) | $54.14B | $9.09B | $5.18 |
| FY24 (Dec 31, 2024) | $61.76B | $13.39B | $7.95 |
| FY25 (Dec 31, 2025) | $70.65B | $16.86B | $10.21 |
Margins
- Gross 100.0%
- Operating 33.6%
- Net 25.5%
The percentages above the chart cover the last 12 months; the lines show each quarter. What margins tell you
Cash flow
- −$61.51BLast 12 months
Cash from operations minus capital spending: the cash left after the business maintains and grows its assets.
FCF = Operating cash flow − Capital spendingFree cash flow - Operating cash flow−$58.28BLast 12 months
- Capital spending$3.23BLast 12 months
- −76.7%Last 12 months
Free cash flow as a share of revenue, both over the last 12 months.
Shareholder returns
- $7.64BLast 12 months
Cash spent repurchasing shares, net of shares issued. Buybacks shrink the share count, so each remaining share owns more of the company.
- Dividends paid$6.98BLast 12 months
- Total returned$14.63BLast 12 months
Balance sheet
- Not reportedAs of Sep 30, 2026
Cash plus short- and long-term marketable securities on the Sep 30, 2026 balance sheet.
- Total debt$416.50BAs of Sep 30, 2026
- 3.56As of Sep 30, 2026
Total debt divided by shareholders’ equity on the Sep 30, 2026 balance sheet: a measure of financial leverage.
D/E = Total debt ÷ Shareholders’ equityDebt-to-equity ratio
Financial strength
- 17.8%Last 12 months
Over the last 12 months, Morgan Stanley’s net income was 17.8% of its shareholders’ equity (averaged over the last four quarter-ends). It describes the past year, not an expected return.
ROE = Net income (last 12 months) ÷ Average equityReturn on equity - 1.3%Last 12 months
Over the last 12 months, Morgan Stanley’s net income was 1.3% of its total assets (averaged over the last four quarter-ends): what the business earned on everything it owns.
ROA = Net income (last 12 months) ÷ Average total assets
Dividends
Cash dividends per share by ex-dividend year, adjusted for splits.
Dividends per share
Data table
| Year | Per share |
|---|---|
| 2016 | $0.70 |
| 2017 | $0.90 |
| 2018 | $1.10 |
| 2019 | $1.30 |
| 2020 | $1.40 |
| 2021 | $2.10 |
| 2022 | $2.95 |
| 2023 | $3.25 |
| 2024 | $3.55 |
| 2025 | $3.85 |
| 2026 (to date) | $4.30 |
Dividend details
- $4.30Per share, last 12 months
Cash dividends per share with ex-dividend dates in the last 12 months.
- Dividend yield2.37%Last 12 months
- $1.15Ex-dividend
The most recent payment per share. Shares bought on or after the ex-dividend date don’t receive it.
- FrequencyQuarterly4 payments in the last 12 months
- up 22.4% a yearFull years 2020–2025
The compound annual growth rate of the full-year dividend per share from 2020 to 2025.
- 12 yearsThrough 2025
How many calendar years in a row the full-year amount has risen, through 2025.
- 34.1%Last 12 months
The share of earnings paid out as dividends over the last 12 months. Lower ratios leave more room to reinvest or raise the dividend.
Payout = Dividends per share ÷ Diluted EPS (both last 12 months)Payout ratio calculator
About Morgan Stanley
Morgan Stanley Wealth Management, a global leader, provides access to a wide range of products and services to individuals, businesses and institutions, including brokerage and investment advisory services, financial and wealth planning, cash management and lending products and services, annuities and insurance, retirement and trust services. About Morgan Stanley Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, wealth management and investment management services. Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, wealth management and investment management services. With offices in 42 countries, the Firm’s employees serve clients worldwide including corporations, governments, institutions and individuals.
- Sector
- Financial Services
- Industry
- Capital Markets
- Headquarters
- New York, USA
- SEC filings
- EDGAR (opens in a new tab)
- Exchange
- NYSE
- Asset type
- Common stock
- Price history since
MS news
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MS stock FAQ
What is MS stock’s price today?
Morgan Stanley (MS) traded at $181.44 at the close on , down $1.00 (0.55%) from the previous close of $182.44. Over the past 52 weeks it has traded between $152.80 and $232.25.
If you invested $1,000 in MS 10 years ago, how much would you have now?
With dividends reinvested, $1,000 invested in MS on would be worth about $7,323 at the close on , a total return of +632.3%. The same $1,000 would be worth $2,127 if invested five years ago, $1,135 if invested one year ago, $4,401 if invested 20 years ago, and $25,352 if invested 30 years ago. Past performance doesn’t predict future returns.
What is MS’s P/E ratio?
MS trades at 14.4 times its diluted earnings over the four quarters to ($12.60 per share), at the close. (How the P/E ratio works.)
How much revenue does Morgan Stanley make?
Morgan Stanley reported $80.2 billion of revenue over the four quarters to , up 16.2% from the twelve months before. In its latest quarter (Q3 FY26, ended ) revenue was $20.3 billion, up 11.6% from a year earlier.
Is Morgan Stanley profitable?
Yes. Morgan Stanley earned $20.5 billion of net income over the four quarters to , a net margin of 25.5%, and its operating margin was 33.6% (what margins tell you).
What are MS’s earnings per share?
MS’s diluted earnings per share were $12.60 over the four quarters to , compared with $9.75 in the twelve months before. The latest quarter (Q3 FY26) brought $3.03 per share, against $2.80 a year earlier (how EPS works).
Does MS pay a dividend?
Yes. Morgan Stanley pays a quarterly dividend. The most recent was $1.15 per share, with an ex-dividend date of . Over the last twelve months it paid $4.30 per share, a 2.37% yield at the close, and the full-year dividend has risen 12 years in a row (how dividend yield works).
Based on the last 12 months’ payments ($4.30 per share), and if the next 12 months match the last 12, 100 shares would receive about $430 over 12 months, and $1,000 over 12 months would take about 233 shares, roughly $42,276 at the close. Dividends can change.
What is MS’s 52-week high and low?
Over the past 52 weeks MS has traded as low as $152.80 and as high as $232.25. At $181.44 at the close on , it is 21.9% below that high and 18.7% above the low.
What is MS’s all-time high?
MS’s highest closing price was $228.55 on , adjusted for stock splits. At $181.44 at the close on , it is 20.6% below that record.
Has MS stock ever split?
Yes, twice: 2-for-1 on ; 2-for-1 on . One share bought before the first split would be 4 shares today.
How has MS stock performed?
Including dividends and measured to the close on , MS has returned +4.5% so far this year and +13.5% over the past year, and +112.7% over five years (+16.3% a year). Over the same periods the S&P 500, measured by SPY, returned +8.7%, +10.9% and +67.8%. Past performance doesn’t predict future returns.
What sector and industry is Morgan Stanley in?
Morgan Stanley is in the Financial Services sector and the Capital Markets industry, and is headquartered in New York, USA.
What exchange does MS trade on?
Morgan Stanley trades on the NYSE under the ticker symbol MS. Its price history on this dashboard begins on .
Member SIPC.Low CommissionsLearn More (opens in a new tab)Sponsored. Affiliate link: I may earn a commission. The inclusion of Interactive Brokers’ (IBKR) name, logo or weblink is present pursuant to an advertising arrangement only. IBKR is not a contributor, reviewer, provider or sponsor of content published on this site, and is not responsible for the accuracy of any products or services discussed.
About this data. Data sourced by Tiingo (opens in a new tab). The live price is Tiingo’s real-time price, based on IEX trades and quotes; intraday charts show IEX trades, and volume figures are consolidated totals for completed sessions. Prices are split-adjusted, and total returns assume dividends are reinvested. Financials come from company filings and can lag new reports. Times are Eastern.
This page is for education, not investment advice. Past performance doesn't predict future returns. Logos provided by Logo.dev (opens in a new tab).
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