Morgan Stanley Direct Lending (NYSE:MSDL) Given Average Recommendation of “Moderate Buy” by Brokerages

Morgan Stanley Direct Lending (NYSE:MSDLGet Free Report) has been assigned a consensus recommendation of “Moderate Buy” from the six brokerages that are presently covering the firm, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $21.58.

Several analysts have recently commented on the company. JPMorgan Chase & Co. raised their price target on Morgan Stanley Direct Lending from $20.50 to $21.00 and gave the company a “neutral” rating in a report on Friday, April 12th. Raymond James assumed coverage on Morgan Stanley Direct Lending in a report on Tuesday, February 20th. They issued an “outperform” rating and a $22.00 price target for the company. Wells Fargo & Company assumed coverage on Morgan Stanley Direct Lending in a report on Tuesday, February 20th. They issued an “equal weight” rating and a $21.00 price target for the company. Royal Bank of Canada reissued an “outperform” rating and issued a $21.00 price target on shares of Morgan Stanley Direct Lending in a report on Monday, March 4th. Finally, Keefe, Bruyette & Woods started coverage on Morgan Stanley Direct Lending in a report on Tuesday, February 20th. They issued a “market perform” rating and a $21.00 price target for the company.

Get Our Latest Research Report on MSDL

Morgan Stanley Direct Lending Trading Down 0.1 %

Morgan Stanley Direct Lending stock opened at $21.23 on Wednesday. Morgan Stanley Direct Lending has a twelve month low of $19.05 and a twelve month high of $22.97. The stock’s 50 day moving average is $21.51. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 0.87. The firm has a market cap of $1.89 billion and a PE ratio of 6.78.

Morgan Stanley Direct Lending (NYSE:MSDLGet Free Report) last posted its quarterly earnings data on Friday, March 1st. The company reported $0.67 earnings per share for the quarter, topping analysts’ consensus estimates of $0.66 by $0.01. Morgan Stanley Direct Lending had a return on equity of 11.51% and a net margin of 62.81%. The company had revenue of $100.80 million during the quarter, compared to analysts’ expectations of $97.34 million. Equities analysts predict that Morgan Stanley Direct Lending will post 2.49 earnings per share for the current year.

Morgan Stanley Direct Lending Cuts Dividend

The business also recently disclosed a — dividend, which will be paid on Friday, January 24th. Shareholders of record on Monday, November 4th will be paid a dividend of $0.10 per share. This represents a dividend yield of 10.1%. The ex-dividend date is Monday, November 4th. Morgan Stanley Direct Lending’s dividend payout ratio is presently 63.90%.

Morgan Stanley Direct Lending Company Profile

(Get Free Report

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.

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Analyst Recommendations for Morgan Stanley Direct Lending (NYSE:MSDL)

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