Morgan Stanley Direct Lending (MSDL) Projected to Post Quarterly Earnings on Thursday

Morgan Stanley Direct Lending (NYSE:MSDL) will likely be posting its quarterly earnings results after the market closes on Thursday, February 27th. Analysts expect Morgan Stanley Direct Lending to post earnings of $0.63 per share and revenue of $107.02 million for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.

Morgan Stanley Direct Lending Stock Performance

Morgan Stanley Direct Lending stock opened at $20.62 on Tuesday. The stock’s 50 day simple moving average is $20.90 and its two-hundred day simple moving average is $20.45. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.56 and a current ratio of 1.56. The stock has a market cap of $1.82 billion and a price-to-earnings ratio of 8.09. Morgan Stanley Direct Lending has a fifty-two week low of $19.05 and a fifty-two week high of $24.18.

Wall Street Analyst Weigh In

Separately, Wells Fargo & Company lifted their price objective on Morgan Stanley Direct Lending from $20.00 to $21.00 and gave the company an “equal weight” rating in a research report on Wednesday, January 29th. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $21.63.

About Morgan Stanley Direct Lending

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.