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MSDL Overview

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Intellectia

Loading chart...

High
15.090
Open
14.800
VWAP
14.90
Vol
928.39K
Mkt Cap
--
Low
14.720
Amount
13.84M
EV/EBITDA(TTM)
11.10
Total Shares
--
EV
3.62B
EV/OCF(TTM)
--
P/S(TTM)
4.28
Morgan Stanley Direct Lending Fund is an investment company. The Company is a non-diversified, externally managed specialty finance company focused on lending to middle-market companies. The Company’s investment objective is to achieve attractive risk-adjusted returns via current income and, to a lesser extent, capital appreciation by investing primarily in directly originated senior secured term loans issued by United States middle-market companies backed by private equity sponsors. The Company invests primarily in directly originated senior secured term loans including first lien senior secured term loans and second lien senior secured term loans. The Company’s wholly owned subsidiaries include DLF CA SPV LLC (CA SPV), DLF SPV LLC (DLF SPV), DLF Financing SPV LLC (Financing SPV) and DLF Equity Holdings LLC. The Company’s investment adviser is MS Capital Partners Adviser Inc.
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Events Timeline

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News

seekingalpha
9.5
02-27seekingalpha
Morgan Stanley Direct Lending Fund Q4 2025 Earnings Review
  • Investment Income Performance: Morgan Stanley Direct Lending Fund reported net investment income of $0.49 per share for Q4 2025, slightly down from $0.50 in the previous quarter, reflecting the impact of market interest rate changes while management expressed confidence in the portfolio's resilience.
  • Dividend Adjustment: The Board declared a distribution of $0.45 per share for Q1 2026, a $0.05 reduction from the prior quarter, aimed at aligning with the normalization of short-term interest rates, yet the fund maintains a robust yield on NAV of approximately 9%.
  • Portfolio Scale: At quarter-end, the portfolio's fair value totaled $3.8 billion, with 96% in first lien debt, demonstrating the company's solid risk management and investment structure despite underperformance in a small number of portfolio companies.
  • Joint Venture Progress: The newly launched joint venture has secured approximately $372.8 million in investment commitments, aiming to scale to $700 million in assets, indicating the company's proactive approach to capital allocation and market opportunity capture.
seekingalpha
8.0
02-27seekingalpha
Morgan Stanley Direct Lending Fund Declares Quarterly Dividend
  • Quarterly Dividend Adjustment: Morgan Stanley Direct Lending Fund has declared a quarterly dividend of $0.45 per share, reflecting a 10% decrease from the previous $0.50, indicating a cautious approach in the current economic climate that may affect investor confidence.
  • Yield Analysis: The new dividend presents a forward yield of 11.64%, maintaining a high level despite the reduction, which demonstrates the company's efforts to sustain cash flow and may attract investors seeking high yields.
  • Shareholder Record Dates: The dividend is payable on April 24, with a record date of December 31 and an ex-dividend date also set for December 31, ensuring that investors must hold shares by this date to qualify for the dividend.
  • Investment Income Performance: The fund reported a net investment income of $0.49 and total investment income of $96.6 million, indicating stability in income generation despite facing market challenges.
Newsfilter
9.5
02-26Newsfilter
Morgan Stanley Direct Lending Fund Reports Q4 and FY 2025 Financial Results
  • Net Investment Income: For the quarter ended December 31, 2025, Morgan Stanley Direct Lending Fund reported net investment income of $42.4 million, or $0.49 per share, down from $43.7 million and $0.50 per share in Q3 2025, indicating the impact of lower base rates on earnings.
  • Net Asset Value Decline: As of December 31, 2025, the company's net asset value per share was $20.26, a decrease from $20.41 in Q3 2025, reflecting the effects of market volatility on asset valuations.
  • New Investment Commitments: The company achieved new investment commitments of $711.9 million for the fiscal year, with $146.5 million completed in Q4, demonstrating an active investment strategy despite market challenges.
  • Dividend Declaration: The Board declared a regular dividend of $0.50 per share, underscoring the company's commitment to stable returns for shareholders, even amidst pressures from declining earnings.
seekingalpha
9.5
02-25seekingalpha
Morgan Stanley Direct Lending Fund to Announce Q4 Earnings
  • Earnings Announcement: Morgan Stanley Direct Lending Fund (MSDL) is set to release its Q4 earnings on February 26th after market close, with investors keenly awaiting the performance metrics to gauge future investment potential.
  • Earnings Expectations: The consensus EPS estimate stands at $0.49, while revenue is projected at $97.3 million, reflecting a cautiously optimistic outlook from investors regarding the fund's profitability.
  • Estimate Revision Dynamics: Over the past three months, both EPS and revenue estimates have seen one upward revision, indicating a growing confidence among analysts about the fund's future performance, despite one downward revision.
  • Yield Attractiveness: While the market is drawn to MSDL's high yield of 13%, analysts caution that the risk of negative total returns may influence investor decisions, necessitating a careful approach.
seekingalpha
9.5
01-12seekingalpha
Morgan Stanley Direct Lending Fund Rated 3.33 as Small-Cap Financial Stocks Struggle
  • Rating Overview: Morgan Stanley Direct Lending Fund (MSDL) holds a Quant Rating of 3.33, indicating a relatively stable hold rating amidst pressure on small-cap financial stocks, reflecting market caution in this sector.
  • Close Contenders: Trinity Capital Inc. (TRIN) and Oaktree Specialty Lending Corporation (OCSL) follow with ratings of 3.16 and 3.10, respectively, both rated hold, suggesting a conservative outlook from investors that may impact their financing capabilities.
  • Overall Performance: MidWestOne Financial Group (MOFG) and MidCap Financial Investment Corporation (MFIC) also received hold ratings of 3.03 and 3.01, indicating a general weakness in earnings revisions among small-cap financial stocks, potentially prompting investors to reassess their portfolios.
  • Market Risks: The overall low ratings for small-cap financial stocks, with Community Trust Bancorp (CTBI) and Federal Agricultural Mortgage Corporation (AGM) rated sell at 2.46 and 2.25, respectively, reflect concerns about these companies' profitability and growth prospects, which may lead to capital outflows.
Barron's
6.5
01-02Barron's
Top Income Opportunities for 2026: Dividend Stocks, Energy Pipelines, and More Recommended Choices
  • Bond Market Performance: The bond market experienced its best year since 2020, surprising income investors who were losing hope.
  • Future Outlook: Despite some emerging risks, the outlook for the bond market in 2026 remains positive.
Wall Street analysts forecast MSDL stock price to rise
5 Analyst Rating
Wall Street analysts forecast MSDL stock price to rise
1 Buy
4 Hold
0 Sell
Hold
Current: 0.000
sliders
Low
19.00
Averages
19.90
High
21.00
Current: 0.000
sliders
Low
19.00
Averages
19.90
High
21.00
Keefe Bruyette
Market Perform
downgrade
AI Analysis
2026-03-02
New
Reason
Keefe Bruyette
Price Target
AI Analysis
2026-03-02
New
downgrade
Market Perform
Reason
Keefe Bruyette lowered the firm's price target on Morgan Stanley Direct Lending to $16.50 from $18.50 and keeps a Market Perform rating on the shares. The price target is being updated following the quarterly earnings report, the analyst tells investors in a research note.
Wells Fargo
Finian O'Shea
Equal Weight
downgrade
$16 -> $14
2026-03-02
New
Reason
Wells Fargo
Finian O'Shea
Price Target
$16 -> $14
2026-03-02
New
downgrade
Equal Weight
Reason
Wells Fargo analyst Finian O'Shea lowered the firm's price target on Morgan Stanley Direct Lending to $14 from $16 and keeps an Equal Weight rating on the shares. The firm says the company's new dividend may find near-term support from a new JV, but SOFR and portfolio rotation into lower-spread assets may call for another re-assessment
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Valuation Metrics

The current forward P/E ratio for Morgan Stanley Direct Lending Fund (MSDL.N) is --, compared to its 5-year average forward P/E of --. For a more detailed relative valuation and DCF analysis to assess Morgan Stanley Direct Lending Fund's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
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5Y Average PE
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Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
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5Y Average EV/EBITDA
Current EV/EBITDA
NaN
Overvalued EV/EBITDA
Undervalued EV/EBITDA

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
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5Y Average PS
Current PS
NaN
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Frequently Asked Questions

What is Morgan Stanley Direct Lending Fund (MSDL) stock price today?

The current price of MSDL is 14.9 USD — it has increased 2.19

What is Morgan Stanley Direct Lending Fund (MSDL)'s business?

Morgan Stanley Direct Lending Fund is an investment company. The Company is a non-diversified, externally managed specialty finance company focused on lending to middle-market companies. The Company’s investment objective is to achieve attractive risk-adjusted returns via current income and, to a lesser extent, capital appreciation by investing primarily in directly originated senior secured term loans issued by United States middle-market companies backed by private equity sponsors. The Company invests primarily in directly originated senior secured term loans including first lien senior secured term loans and second lien senior secured term loans. The Company’s wholly owned subsidiaries include DLF CA SPV LLC (CA SPV), DLF SPV LLC (DLF SPV), DLF Financing SPV LLC (Financing SPV) and DLF Equity Holdings LLC. The Company’s investment adviser is MS Capital Partners Adviser Inc.

What is the price predicton of MSDL Stock?

Wall Street analysts forecast MSDL stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MSDL is19.90 USD with a low forecast of 19.00 USD and a high forecast of 21.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Morgan Stanley Direct Lending Fund (MSDL)'s revenue for the last quarter?

Morgan Stanley Direct Lending Fund revenue for the last quarter amounts to 84.91M USD, decreased -11.67

What is Morgan Stanley Direct Lending Fund (MSDL)'s earnings per share (EPS) for the last quarter?

Morgan Stanley Direct Lending Fund. EPS for the last quarter amounts to 0.34 USD, decreased -42.37

How many employees does Morgan Stanley Direct Lending Fund (MSDL). have?

Morgan Stanley Direct Lending Fund (MSDL) has 0 emplpoyees as of March 05 2026.

What is Morgan Stanley Direct Lending Fund (MSDL) market cap?

Today MSDL has the market capitalization of 0.00 USD.