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Moelis ( (MC) ) just unveiled an announcement.
Moelis & Company has reported significant financial growth for the fourth quarter and full year of 2024, with a 104% increase in quarterly revenues to $438.7 million and a 40% rise in full year revenues to $1,201.5 million compared to the previous year. The firm has also increased its quarterly dividend by 8% to $0.65 per share and strengthened its leadership team by promoting and hiring several managing directors, reflecting its strong operational momentum and commitment to growth strategies.
More about Moelis
Moelis & Company is a global investment bank that offers financial advisory services, including mergers and acquisitions, recapitalizations, restructurings, and other corporate finance matters. The firm is focused on providing integrated advisory services across various industries and markets.
YTD Price Performance: 4.60%
Average Trading Volume: 651,492
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $5.95B
Find detailed analytics on MC stock on TipRanks’ Stock Analysis page.
