Why Morgan Stanley stock moves
Morgan Stanley fell slightly, moving against the market.
Written after the close on ·
Why today
16,437 news analyzed todayMorgan Stanley fell slightly, moving against the market.
Morgan Stanley fell slightly in the last session, while the S&P 500 rose slightly, so it moved against the broader market.
Over the last five trading days it fell slightly, while the S&P 500 fell sharply, so it held up better than the market; it moved against its sector, which rose slightly.
No company news clearly explains the drop; the move was an ordinary one for Morgan Stanley and trading volume was around its usual level.
The next earnings report is on Thursday 14 January 2027.
Today's move of −0.55% was 0.5 times a normal day's 1.1%. S&P 500 moved +0.31% on the same day.
Morgan Stanley −0.55%S&P 500 +0.31%Against the market
What analysts expect, and how often they have been right
Analysts’ estimates for Morgan Stanley.
Morgan Stanley earned more than expected in 8 out of 8 reports.
For comparison, about 82% of reports from US companies beat the estimate in the last three years.
The share moved in the same direction as the earnings surprise in 6 out of 8 reports with a measured move, against about 55% of reports from US companies.
Ratings
Price targets
Latest price $181.44
Earnings against expectations, and the share’s reaction
Expected EPSAbove estimateBelow estimateAs expected$
Next reported quarter: expected earnings per share of $2.94 (January 14). For the current fiscal year, expected earnings per share changed from $12.98 three months ago to $12.91 now. 2026 estimate: $12.91. 2027 estimate: $13.69.
Has the share price followed the business?
Price and earnings moved in the same direction: 2 out of 3 years. Across US companies, that happens in about 65% of years. In 2025, the price changed +41% and earnings per share +28%.
Revenue, profit and market cap
RevenueProfitMarket capHatched bars: analysts’ estimates.$B
Assets, liabilities and market cap
AssetsLiabilitiesMarket cap$B
Price and earnings moved in the same direction: 2 out of 3 years.Market cap (Now): $284.0BRevenue 2025: $66.0B
What the key figures say about Morgan Stanley
The figures connect what Morgan Stanley earns with what investors pay.
The line shows the share price in the same year, on its own scale. Hatched bars: analysts’ estimates.
Profit divided by the number of shares. Each share represents this much of the earnings.
2022–2025: $5.18–$10.21. Peers: Goldman Sachs Group $69.55, Charles Schwab $5.85, Robinhood Markets $2.17. 2026 estimate: $12.91 ($12.65–$13.67). 2027 estimate: $13.69 ($11.80–$14.85).
What the company sold during the year.
2022–2025: $50.2B–$66.0B. Peers: Goldman Sachs Group $71.0B, Charles Schwab $27.1B, Robinhood Markets $5.1B. 2026 estimate: $82.5B ($81.1B–$83.4B). 2027 estimate: $86.6B ($80.8B–$88.4B).
Profit as a percentage of shareholders’ money in the company.
2022–2025: 8.6%–14.6%. Peers: Goldman Sachs Group 17.7%, Charles Schwab 21.1%, Robinhood Markets 21.5%.
The price investors pay for each unit of annual earnings per share. Not shown for a loss.
2022–2025: 13.8–18.0. Peers: Goldman Sachs Group 12.4, Charles Schwab 15.6, Robinhood Markets 37.3. 2026 estimate: 14.1. 2027 estimate: 13.3.
What investors pay for each unit the company sells.
2022–2025: 2.84–4.26. Peers: Goldman Sachs Group 3.52, Charles Schwab 5.85, Robinhood Markets 14.34. 2026 estimate: 3.44. 2027 estimate: 3.28.
Money paid to shareholders per share, summed by calendar year.
2017–2025: $0.90–$3.85.
The ordinary yearly dividend as a percentage of the share price.
2022–2025: 2.2%–3.5%. Peers: Goldman Sachs Group 2.3%, Charles Schwab 1.4%, Robinhood Markets 0.0%.
More key figures
Market cap divided by shareholders’ equity, what remains after liabilities.
2022–2025: 1.42–2.52. Peers: Goldman Sachs Group 2.36, Charles Schwab 3.08, Robinhood Markets 7.29.
Cash left after investments, divided by the number of shares.
2022–2025: -$22.71–-$1.31.
The percentage of assets financed by shareholders’ equity.
2022–2025: 7.9%–8.6%.
The dividend explained
A dividend is money paid to shareholders. Morgan Stanley paid $4.30 per share in the twelve months through November 6, 2026.
On the ex-dividend day, October 30, 2026, Morgan Stanley traded without the right to the $1.15 dividend. The price went from $190.00 to $184.30; including the dividend, the day's change was −2.4%. Entitlement passes from the company to shareholders on the ex-day; payment comes later.
2017: $0.902018: $1.102019: $1.302020: $1.402021: $2.102022: $2.952023: $3.252024: $3.552025: $3.852026 so far: $4.30
What to watch next, and why
The earnings report shows how Morgan Stanley's revenue and profit have changed.
- Earnings report
The earnings report shows how Morgan Stanley's revenue and profit have changed.
Add to calendar
Earnings report
Next report: · Add to calendar · Google Calendar
On its last 15 report days Morgan Stanley usually moved about 4.0%. On a normal day it moves 1.1%.
−2.75% Why? +0.39% +4.52% +5.78%
$10,000 in Morgan Stanley bought on November 7, 2016 is worth $70,200 today, with dividends reinvested.
The same amount in S&P 500 with dividends would have become $40,400.
What would $10,000 in Morgan Stanley be worth today? →
What would $10,000 in Morgan Stanley be worth today?
$70,200
with dividends reinvested, bought on November 7, 2016. The same amount in S&P 500 with dividends would have become $40,400.
At worst it was worth $8,830 (March 23, 2020).
The five biggest days of the journey
· +19.8% · the whole market rose 9.3% the same day
· +19.5% · the whole market rose 9.4% the same day
· −15.6% · the whole market fell 12.0% the same day
· −15.1% · the whole market fell 9.5% the same day
· +11.6% · the whole market rose 2.5% the same day
Earlier days
−1.55% market −2.70% Morgan Stanley fell slightly over the week, a smaller move than the S&P 500, which fell sharply. Read →
Morgan Stanley fell slightly over the week, a smaller move than the S&P 500, which fell sharply.
The S&P 500 falling sharply while Morgan Stanley dipped only slightly points to broad market weakness rather than company-specific bad news.
Its sector ETF rose slightly, so Morgan Stanley moved against its peers.
Company news this week was mostly routine, such as new structured notes and a property purchase.
−5.94% market −4.41% Morgan Stanley fell, moving in line with the S&P 500. Read →
Morgan Stanley fell, moving in line with the S&P 500.
Its drop was far bigger than the sector's, which fell sharply too.
The biggest news was a client-assets story, but it is no clear cause for a drop.
Over the last five trading days it fell clearly, while the market fell very sharply and its sector rose slightly.
Likely drivers are broad market selling and the record trading volume that came with it.
+4.23% market +1.65% Morgan Stanley rose, moving well ahead of the market. Read →
Morgan Stanley rose, moving well ahead of the market.
Its strong rise on the trading day came without a clear company-specific trigger.
The S&P 500 rose sharply that day, so Morgan Stanley's gain was stronger than the broad market.
Over the last five trading days, the stock rose clearly while the S&P 500 fell slightly, so it moved against the market.
The move was very big for Morgan Stanley, about four times a normal day, and such moves are rare, happening around eight times in the past year.
+0.19% market +0.30% Morgan Stanley was roughly unchanged without company news. Read →
Morgan Stanley was roughly unchanged without company news.
In that session the S&P 500 rose slightly, so Morgan Stanley moved less than the market.
Its move was an ordinary one for the stock, and trading was around its usual level.
Over the last five trading days the stock was roughly unchanged, while the S&P 500 fell clearly and the Financial Services sector ETF rose clearly.
The most likely reason for the calm is that banking stocks are usually steadier than the broader market when investors look for stable earnings.
+0.78% market −0.48% Morgan Stanley rose slightly without a company-news explanation. Read →
Morgan Stanley rose slightly without a company-news explanation.
Over the same session the S&P 500 fell slightly, so Morgan Stanley moved against the market.
Its sector rose sharply, so Morgan Stanley lagged its sector, and the move was an ordinary one for the stock.
Over the last five trading days it rose slightly, while the S&P 500 fell clearly and the sector rose sharply.
The new notes and product filings are routine financing news that likely had little effect on the shares.
−2.39% market −1.77% Morgan Stanley fell sharply. Read →
Morgan Stanley fell sharply.
No company news explains the drop, so it likely reflects broader market weakness and a sell-off in financial stocks.
Over the last five trading days, Morgan Stanley rose clearly while the S&P 500 fell slightly, so it has outperformed the market.
The stock still sits well below its highest close of the past year, set in mid July.
Next, its earnings report is due Thursday 14 January 2027.
+3.32% market −0.56% Morgan Stanley rose clearly over the week, while the broad market slipped slightly, so the shares moved against the market. Read →
Morgan Stanley rose clearly over the week, while the broad market slipped slightly, so the shares moved against the market.
The most likely driver was the company's news flow, not a single major event.
Morgan Stanley's strategists, led by Mike Wilson, discussed the AI stock correction and the 2026 midterm election outlook, which likely shaped investor sentiment toward the bank.
The next earnings report is on Thursday 14 January 2027.
−0.07% market −0.38% Morgan Stanley was roughly unchanged without company news. Read →
Morgan Stanley was roughly unchanged without company news.
Over the same day the S&P 500 fell slightly, so Morgan Stanley held up better than the market.
The move was an ordinary one for the stock, with trading near its usual level.
Over the last five trading days the shares rose clearly, outpacing both the market and its sector.
Next, the company reports earnings on Thursday 14 January 2027.
+1.86% market +0.56% Morgan Stanley rose clearly. Read →
Morgan Stanley rose clearly.
The S&P 500 also rose clearly over the same session, so the stock's gain partly tracked the broad market.
Its financial services sector fell slightly that day, so Morgan Stanley moved against its sector.
The most likely company-specific driver is news that Goldman Sachs and Morgan Stanley landed top roles in the Anthropic IPO, which the stock rose on.
Next earnings report is Thursday 14 January 2027.
+2.23% market +0.71% Morgan Stanley rose sharply, without company news. Read →
Morgan Stanley rose sharply, without company news.
Over the same day the S&P 500 rose clearly, so Morgan Stanley moved more than the market.
Over the last five trading days, Morgan Stanley rose clearly while the S&P 500 was roughly flat.
Trading volume was around its usual level.
The most likely driver is its role in a large AI financing deal for Anthropic, which came out after trading closed.
−2.44% market −0.52% Morgan Stanley fell sharply. Read →
Morgan Stanley fell sharply.
No company news explains the drop.
The stock was roughly unchanged over the last five trading days, while the market slipped slightly.
The most recent company news, its third-quarter earnings, beat expectations last week, before the last session.
−0.60% market −0.43% Morgan Stanley was roughly unchanged over the last five trading days. Read →
Morgan Stanley was roughly unchanged over the last five trading days.
The market fell slightly over the same days, so the stock held up a little better than the broader market.
Its earnings report last week beat expectations, with revenue and profit rising from a year earlier.
Analysts at the firm kept positive views on several stocks, which adds to the steady backdrop.
−1.63% market −1.18% Morgan Stanley fell clearly, in line with a sharp drop in the S&P 500. Read →
Morgan Stanley fell clearly, in line with a sharp drop in the S&P 500.
No company news from that session clearly explains the move.
Earlier, its third-quarter earnings beat expectations, but that was known before the session opened.
Over the last five trading days the stock rose slightly, while the broader market fell slightly.
Likely reasons are the broad market selloff and the sector moving against it.
+3.66% market +0.53% Morgan Stanley rose sharply, moving more than both the market and its sector. Read →
Morgan Stanley rose sharply, moving more than both the market and its sector.
The S&P 500 rose clearly that session, so the stock's gain was well ahead of the broad market.
Its sector ETF, a fund tracking financial stocks, also rose clearly, so the move was partly sector-wide strength.
Trading was roughly twice a normal session's volume, so heavy buying likely drove the move.
Over the last five trading days the stock rose clearly, a bit more than the market and in line with its sector.
−0.84% market −1.11% Morgan Stanley fell clearly, moving roughly in line with a sharp fall in the S&P 500, while its sector ETF edged up. Read →
Morgan Stanley fell clearly, moving roughly in line with a sharp fall in the S&P 500, while its sector ETF edged up.
Its own news did not appear in the last session, so the move looks market-driven rather than company-specific: broad selling pressure in large financial stocks, which tends to hit banks and brokers hardest when investors turn cautious about growth and interest-rate expectations.
The most recent company news is the third-quarter earnings report released earlier this week, which beat expectations on revenue and earnings per share, so it was known before this session and does not explain the drop.
Over the last five trading days the stock fell sharply, falling more than the market, which also moved lower, while the financial sector rose.
The next earnings report is due in mid-January 2027.
−4.97% market −1.97% Morgan Stanley fell sharply over the last five trading days, moving noticeably more than the S&P 500, which also fell clearly, while the Financial Services sector rose clearly, so the stock moved against its sector. Read →
Morgan Stanley fell sharply over the last five trading days, moving noticeably more than the S&P 500, which also fell clearly, while the Financial Services sector rose clearly, so the stock moved against its sector.
The news in that window was mostly about other companies: analysts raised targets on Diamondback Energy and kept an Overweight view on NovaGold, which says little about Morgan Stanley itself.
The company's own third-quarter results, released earlier this week, beat expectations with revenue of $20.3 billion and earnings of $3.03 per share, which points to strength in its trading and wealth businesses, yet the shares still sold off, so the drop likely reflects broader market and sentiment pressure on bank stocks rather than the results.
Next, the key item to watch is the next earnings report on 14 January 2027.
−2.75% market −1.08% Morgan Stanley fell sharply, moving well more than the S&P 500, which fell sharply too, and more than its Financial Services sector, which fell clearly. Read →
Morgan Stanley fell sharply, moving well more than the S&P 500, which fell sharply too, and more than its Financial Services sector, which fell clearly.
Morgan Stanley's latest quarterly report landed that day and beat expectations, with revenue and earnings per share both higher than a year earlier, so the drop on a report day is most likely a case of the stock trading against an already-high bar, a common pattern when results are strong but investors had priced in even more.
The company's own strong numbers, such as record Wealth Management revenue and $10.5 trillion in client assets, were the main news, and the broad market selloff likely added pressure.
Over the last five trading days, the stock fell sharply while the sector rose clearly, so its weakness was specific to Morgan Stanley rather than the sector.
−1.78% market −0.01% Watch tomorrow's earnings, especially wealth management and trading revenue, since that is the next scheduled catalyst. Read →
Watch tomorrow's earnings, especially wealth management and trading revenue, since that is the next scheduled catalyst.
Learn more · Why do stocks go up and down?