MS · NYQ S&P 500

Morgan Stanley

Financial services · Capital Markets

$187.56 +$0.46 (+0.25%) Nov 10, 2026

Session of Nov 10, 2026 · updated Nov 11, 2026, 10:58 · Source: Yahoo Finance

Consensus of 26 analysts

Hold

Median price target $206.50 +10.1%

Open: $187.96
Day range: 185.46 – $188.57
52-week range: 152.80 – $232.25
Volume: 4,241,077
Market cap: $293,164M
P/E (TTM): 14.9x
EPS (TTM): $12.61
EPS est. 2026: $12.91
P/E est. 2026: 14.5x
Dividend yield: 2.3%
Beta: 1.22
Payout: 33%

Morgan Stanley financials

Q3 2026 results, quarter ended Sep 30, 2026

Metric	Q3 2026	1-year change
Total revenue	$18,871M	+10.5%
Net income	$4,909M	+6.5%
Earnings per share	$3.03	+8.2%
Net margin	26.0%	−1.0 pp
Free cash flow	−$46,969M	n/s
Debt / equity	3.56	+10.8%

Revenue and net income ($M)

Total revenueNet income

Quarter	Total revenue	Net income
Q3 2025	$17,083M	$4,610M
Q4 2025	$16,762M	$4,397M
Q1 2026	$19,324M	$5,567M
Q2 2026	$19,884M	$5,581M
Q3 2026	$18,871M	$4,909M

Morgan Stanley earnings per share (EPS)

Consensus estimates

Period	EPS est.	1-year change
Current quarterQ4 2026 · Analysts: 16	$2.9382.72 – 3.22	+9.6%$2.680
Next quarterQ1 2027 · Analysts: 10	$3.5873.28 – 4.00	+4.6%$3.430
Current year2026 · Analysts: 22	$12.91012.65 – 13.67	+26.4%$10.210
Next year2027 · Analysts: 22	$13.69311.80 – 14.85	+6.1%$12.910

Forward P/E: 14.5x (2026) and 13.7x (2027) at the current price.

Actual and estimated EPS ($)

Actual EPSEstimated EPS

Quarter	Actual EPS	Estimated EPS
Q3 2025	$2.800	—
Q4 2025	$2.680	$2.450
Q1 2026	$3.430	$3.018
Q2 2026	$3.460	$2.934
Q3 2026	$3.030	$2.921
Q4 2026	—	$2.938
Q1 2027	—	$3.587

Year	Actual EPS	Estimated EPS
2022	$6.150	—
2023	$5.180	—
2024	$7.950	—
2025	$10.210	—
2026	—	$12.910
2027	—	$13.693

EPS trend

Quarter	EPS	YoY change
Q1 2027Estimated	$3.587	+4.6%
Q4 2026Estimated	$2.938	+9.6%
Q3 2026	$3.030est. $2.921 · surprise +3.7%	+8.2%
Q2 2026	$3.460est. $2.934 · surprise +17.9%	n/a
Q1 2026	$3.430est. $3.018 · surprise +13.7%	n/a
Q4 2025	$2.680est. $2.450 · surprise +9.4%	n/a
Q3 2025	$2.800	n/a

Year	EPS	Annual change
2027Estimated	$13.693	+6.1%
2026Estimated	$12.910	+26.4%
2025	$10.210	+28.4%
2024	$7.950	+53.5%
2023	$5.180	−15.8%
2022	$6.150	n/a

Normalised EPS according to the analyst consensus collected by Yahoo Finance; it may differ from the reported EPS in the results table.

Morgan Stanley dividend

Yield and payments

Dividend yield (TTM)	2.3%
Forward yield (next 12m)	2.5%
Dividend per share (TTM)	$4.38
Forward dividend (next 12m)	$4.60
Payout (TTM)	33%
Last dividend	$1.15Oct 30, 2026
Next ex-dividend date	n/a

Dividend per share by year ($)

PaidEstimated

Year	Dividend per share
2019	$1.30
2020	$1.40
2021	$2.10
2022	$2.95
2023	$3.25
2024	$3.55
2025	$3.85
est. 12m	$4.60

Morgan Stanley forecasts

26 analyst ratings

Buy42% Hold54% Sell4%

Consensus: Hold · 11 buy, 14 hold, 1 sell

1-year price forecast

Share price Price target (high, median, low)

12-month price targets
Target	Price	Upside
High	$262.00	+39.7%
Median	$206.50	+10.1%
Low	$185.00	−1.4%

Monthly close (last 12 months)
Date	Close
Nov 28, 2025	$169.66
Dec 31, 2025	$177.53
Jan 30, 2026	$182.80
Feb 27, 2026	$166.51
Mar 31, 2026	$164.57
Apr 30, 2026	$190.59
May 29, 2026	$208.00
Jun 30, 2026	$209.04
Jul 31, 2026	$210.42
Aug 31, 2026	$213.32
Sep 30, 2026	$188.08
Oct 30, 2026	$184.30
Nov 10, 2026	$187.56

Morgan Stanley peers

Ticker	Company	Market cap ($M)	P/E	Price ($)	1-day change	52-week range
MS	Morgan Stanley	293,164	14.9x	187.56	+0.25%	152.80232.25
GS	Goldman Sachs	262,530	13.1x	910.19	+0.44%	754.001,153.99
SCHW	Charles Schwab	160,570	15.9x	93.03	+0.32%	83.96114.53
IBKR	Interactive Brokers	132,201	29.6x	77.59	+0.03%	58.9598.75
HOOD	Robinhood Markets	73,237	37.5x	81.33	−2.39%	63.52139.75
BRK-B	Berkshire Hathaway	1,239,317	16.3x	583.34	+1.41%	464.01586.45