Company Update (NYSE:MS): Morgan Stanley Wealth Management Introduces New Tool Kit to Effectively Integrate Investing with Climate Change and Fossil Fuel Impact Goals

[Business Wire] – Investors who are interested in proactively seeking opportunities to enhance environmental impact without sacrificing potential financial return now have access to a new framework to transform the dialogue around climate change and the fossil fuel debate into an actionable plan for investing. Read more on this. Morgan Stanley (MS) , valued at $43.04B, opened this morning at $21.91. Shares have traded today between $21.86 and $22.54 per share with its 52-week range being $21.16 to $41.04. MS shares are currently priced at 7.93x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry ’s 14.32x forward p/e ratio. And for those looking to make a return holding the stock, the company pays shareholders $0.60 per share annually in dividends, yielding 2.64%. In a review of the consensus earnings estimate this quarter, 22 sell-side analysts are looking at $0.85 per share, which would be $0.00 worse than the year-ago quarter and a $0.07 sequential decrease. What we find to be interesting is that the full-year EPS estimate of $2.89 is a $0.19 better when compared to the previous year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $9.37 Billion. If realized, that would be a 4.19% decrease over the year-ago quarter. In terms of ratings, Atlantic Equities downgraded MS from Neutral to Underweight (Feb 3, 2016). Previously, Macquarie upgraded MS from Neutral to Outperform. The average price target for MS shares by the analysts covering the stock is $34.91, which is 59.33% above where the stock opened this morning. See more in (NYSE:MS) Similar Articles: Stock Update: Morgan Stanley (NYSE:MS) – Morgan Stanley Wealth Management Adds CreditSights to Research and Strategy Content for Financial Advisors Stock Update: Morgan Stanley (NYSE:MS) – Morgan Stanley Private Wealth Management Launches New Coffee Table Book: If…Stories of Philanthropy Market Update (NYSE:MS): Nasdaq Private Market and Morgan Stanley Wealth Management to Launch Wealth Management Education and Services Initiative