Morgan Stanley Direct Lending (MSDL) Stock Price, News & Analysis

Company Overview

Morgan Stanley Direct Lending Fund is a business development company. It is a non-diversified, externally managed specialty finance company focused on lending to middle-market companies. Morgan Stanley Direct Lending Fund is based in NEW YORK.

Key Stats

• Today's Range: $20.35 to $20.67
• 50-Day Range: $19.55 to $20.63
• 52-Week Range: $19.05 to $24.18
• Volume: 406,453 shs
• Average Volume: 197,938 shs
• Market Capitalization: $1.81 billion
• P/E Ratio: 8.01
• Dividend Yield: 9.79%
• Price Target: $21.42
• Consensus Rating: Hold

Morgan Stanley Direct Lending Stock Analysis - MarketRank™

Morgan Stanley Direct Lending scored higher than 35% of companies evaluated by MarketBeat, and ranked 755th out of 922 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.1 / 5
• Analyst Rating: Hold

Consensus Rating

Morgan Stanley Direct Lending has received a consensus rating of Hold. The company's average rating score is 2.17, and is based on 1 buy rating, 5 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Morgan Stanley Direct Lending has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: -8.98%

Earnings Growth

Earnings for Morgan Stanley Direct Lending are expected to decrease by -8.98% in the coming year, from $2.56 to $2.33 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Morgan Stanley Direct Lending is 8.01, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.92.

Price to Earnings Ratio vs. Sector

The P/E ratio of Morgan Stanley Direct Lending is 8.01, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 45.21.

Price to Book Value per Share Ratio

Morgan Stanley Direct Lending has a P/B Ratio of 0.98. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.15% of the float of Morgan Stanley Direct Lending has been sold short.

Short Interest Ratio / Days to Cover

Morgan Stanley Direct Lending has a short interest ratio ("days to cover") of 0.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Morgan Stanley Direct Lending has recently increased by 84.56%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Morgan Stanley Direct Lending is a leading dividend payer. It pays a dividend yield of 9.72%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Morgan Stanley Direct Lending does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Morgan Stanley Direct Lending is 78.43%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on EPS estimates, Morgan Stanley Direct Lending will have a dividend payout ratio of 85.84% in the coming year. This indicates that Morgan Stanley Direct Lending may not be able to sustain their current dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.15% of the float of Morgan Stanley Direct Lending has been sold short.

Short Interest Ratio / Days to Cover

Morgan Stanley Direct Lending has a short interest ratio ("days to cover") of 0.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Morgan Stanley Direct Lending has recently increased by 84.56%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.3 / 5
• News Sentiment: N/A

News Sentiment

Morgan Stanley Direct Lending has a news sentiment score of 0.22. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.81 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Morgan Stanley Direct Lending this week, compared to 2 articles on an average week.

Search Interest

7 people have searched for MSDL on MarketBeat in the last 30 days. This is an increase of 600% compared to the previous 30 days.

MarketBeat Follows

5 people have added Morgan Stanley Direct Lending to their MarketBeat watchlist in the last 30 days. This is an increase of 400% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Morgan Stanley Direct Lending insiders have bought more of their company's stock than they have sold. Specifically, they have bought $8,610.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

Only 0.20% of the stock of Morgan Stanley Direct Lending is held by insiders.

MSDL Stock Analysis - Frequently Asked Questions

How have MSDL shares performed this year?

Morgan Stanley Direct Lending's stock was trading at $20.36 at the beginning of the year. Since then, MSDL stock has increased by 0.3% and is now trading at $20.43.
View the best growth stocks for 2024 here.

How were Morgan Stanley Direct Lending's earnings last quarter?

Morgan Stanley Direct Lending (NYSE:MSDL) posted its earnings results on Thursday, August, 8th. The company reported $0.63 EPS for the quarter, meeting analysts' consensus estimates of $0.63. The company had revenue of $104.19 million for the quarter, compared to the consensus estimate of $101.60 million. Morgan Stanley Direct Lending had a net margin of 54.89% and a trailing twelve-month return on equity of 12.69%.

Who are Morgan Stanley Direct Lending's major shareholders?

Morgan Stanley Direct Lending's top institutional investors include Van ECK Associates Corp (2.07%), Raymond James & Associates (0.14%), Activest Wealth Management (0.09%) and ASB Consultores LLC (0.09%).
View institutional ownership trends.

How do I buy shares of Morgan Stanley Direct Lending?

Shares of MSDL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Morgan Stanley Direct Lending own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Morgan Stanley Direct Lending investors own include ONEOK (OKE), Chevron (CVX), DOW (DOW), JPMorgan Chase & Co. (JPM), 3M (MMM), Altria Group (MO) and Exxon Mobil (XOM).

Company Calendar

• Last Earnings: 8/08/2024
• Ex-Dividend for 10/25 Dividend: 9/30/2024
• Dividend Payable: 10/25/2024
• Today: 11/22/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 3/07/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Holding & other investment offices
• Sub-Industry: N/A
• Current Symbol: NYSE:MSDL
• Previous Symbol: NYSE:MSDL
• CUSIP: N/A
• CIK: 1782524
• Web: www.msdl.com
• Phone: 212-761-4000
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $21.42
• High Stock Price Target: $23.50
• Low Stock Price Target: $20.00
• Potential Upside/Downside: +4.8%
• Consensus Rating: Hold
• Rating Score (0-4): 2.17
• Research Coverage: 6 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $2.55
• Trailing P/E Ratio: 8.01
• Forward P/E Ratio: 7.98
• P/E Growth: N/A
• Net Income: $231.01 million
• Net Margins: 54.89%
• Pretax Margin: 55.08%
• Return on Equity: 12.69%
• Return on Assets: 6.52%

Debt

• Debt-to-Equity Ratio: 0.99
• Current Ratio: 1.56
• Quick Ratio: 1.56

Sales & Book Value

• Annual Sales: $367.74 million
• Price / Sales: 4.93
• Cash Flow: $1.92 per share
• Price / Cash Flow: 10.62
• Book Value: $20.88 per share
• Price / Book: 0.98

Miscellaneous

• Outstanding Shares: 88,770,000
• Free Float: 88,592,000
• Market Cap: $1.81 billion
• Optionable: Optionable
• Beta: N/A