Moelis & Co Stock News

Moelis & Company (NYSE:MC ) Q3 2024 Results Conference Call October 24, 2024 5:00 PM ET Company Participants Matt Tsukroff - Investor Relations Kenneth Moelis - Chairman and Chief Executive Officer Joseph Simon - Chief Financial Officer Conference Call Participants James Yaro - Goldman Sachs Ryan Kenny - Morgan Stanley Aidan Hall - KBW Mike Brown - Wells Fargo Securities Brendan O'Brien - Wolfe...

NEW YORK--(BUSINESS WIRE)-- #investmentbanking--Moelis & Company reports third quarter and first nine months 2024 financial results; declares regular quarterly dividend of $0.60 per share.

Moelis had a strong quarter, driven by capital markets and restructuring. We are a bit concerned about the sustainability of ECM and DCM activities. The firm is heavily reliant on a sponsor market recovery which still is facing challenges. We think market multiples reflect that a lot is riding on the sponsor recovery for Moelis, something we'd prefer not to bet on right now.

NEW YORK--(BUSINESS WIRE)-- #Moelis--Moelis & Company to Announce Third Quarter 2024 Financial Results and Host a Conference Call on October 23, 2024.

Moelis & Company (NYSE:MC ) Q2 2024 Earnings Conference Call July 24, 2024 5:00 PM ET Company Participants Matt Tsukroff - Investor Relations Kenneth Moelis - Chairman and Chief Executive Officer Joseph Simon - Chief Financial Officer Conference Call Participants Devin Ryan - Citizens JMP Ken Worthington - JPMorgan Brennan Hawken - UBS James Yaro - Goldman Sachs Brendan O'Brien - Wolfe Research...

After years of dominance by the largest tech companies in the U.S. stock market, interest is spreading to overlooked companies that might be a better value for investors looking to diversify, lower their risk or do some bargain shopping.

NEW YORK--(BUSINESS WIRE)-- #Moelis--Moelis & Company to Announce Second Quarter 2024 Financial Results and Host a Conference Call on July 24, 2024.

That's investment banker Ken Moelis, founder of Moelis & Co., telling CNBC in a Wednesday interview that corporate bankruptcies and, more so, restructurings are set to accelerate as stretched companies feel the heat from the Federal Reserve's series of interest-rate hikes.