MSCI Inc Stock Price, News & Analysis

MSCI Inc. (NYSE: MSCI) hosted a virtual investor day on February 24, 2021, where it discussed its strategy and financial performance. The company updated its 2021 effective tax rate guidance to 16.0% - 19.0% and reaffirmed its financial guidance from January 28, 2021. MSCI announced long-term targets, including low double-digit revenue growth and low to mid-teens Adjusted EBITDA growth. The Board also authorized a review of financing options, which could slightly increase leverage and interest expenses.

MSCI Inc. (NYSE: MSCI) has launched Investment Solutions as a Service in collaboration with Microsoft Corp. This innovative service leverages cloud and AI technologies to support institutional investors in addressing investment challenges. Key features include ESG, Index, Data Management, and Investment Analytics Solutions, tailored to enhance investment decision-making. The partnership reflects growing demand for advanced technologies in finance, aiming to empower investors with robust insights and analytics. The service is set to debut with multiple offerings in 2021.

MSCI Inc. (NYSE:MSCI) has announced the results of its February 2021 Quarterly Index Review for various MSCI Equity Indexes. Key changes include the addition of 23 securities and the removal of 8 from the MSCI ACWI Index. Significant additions include Roche Holding, Airbnb, and Plug Power. The MSCI Global Small Cap Index will see 8 additions and 17 deletions. Furthermore, the MSCI Frontier Markets Index will add 3 securities while deleting 2 due to Lebanon’s reclassification to Standalone Market status. All changes take effect after the market closes on February 26, 2021.

MSCI Inc. (NYSE:MSCI) will announce its February 2021 Quarterly Index Review results for various MSCI Equity Indexes on February 9, 2021. This includes changes to the MSCI Global Standard, Small Cap, and Micro Cap Indexes, among others. Notably, the MSCI Lebanon Indexes will be reclassified from Frontier Market to Standalone Market status during this review. The official list of index additions and deletions will be posted on MSCI's website after 11:00 p.m. CET on the same day.

MSCI reported strong financial results for Q4 and full-year 2020, with operating revenues of $443.7 million, a 9.1% increase year-over-year. Recurring subscription revenues rose by 8.9% and asset-based fees jumped 15.3%. The adjusted EBITDA margin improved to 57.7%, while diluted EPS increased 29.9% to $1.87. MSCI paid $64.4 million in dividends and repurchased 471,591 shares. The company announced 2021 guidance for free cash flow of $785 to $835 million. Despite challenges, management remains optimistic about long-term growth opportunities.

MSCI Inc. (NYSE: MSCI) announced it will release its fourth quarter and full year 2020 results on January 28, 2021. The earnings release, along with a presentation and quarterly update, will be available on MSCI's Investor Relations homepage. Senior management will discuss the results during a live event at 11:00 AM ET on the same day. The event can be accessed via teleconference or webcast. An archived replay will also be made available shortly after the event.

MSCI Inc. has announced that assets in equity ETFs linked to its indexes exceeded $1 trillion as of November 16, 2020. This growth is attributed to strong investor interest in transparent, liquid products and an increasing focus on ESG and climate considerations. Currently, there are over 1,500 ESG and climate indexes utilizing MSCI's ESG Research data, with $71 billion in ESG equity ETF assets linked to MSCI indexes. Seven of the ten largest U.S. equity ESG ETFs are benchmarked to MSCI, indicating its significant influence in the ETF market.

MSCI Inc. has appointed Nick Mihic as Managing Director, Head of Germany, Austria, and Switzerland Client Coverage. Based in Zurich, Mihic will oversee commercial activities and key client relationships in the region, reporting to Axel Kilian, Head of Client Coverage, EMEA. With over 20 years in financial services, including leadership roles at J.P. Morgan, he aims to deliver innovative solutions amidst market uncertainty. Mihic’s extensive experience and industry insight are expected to enhance MSCI's service offerings for asset owners and managers in the DACH region.