Hamilton Lane (HLNE) Stock Price, News & Analysis

Company Overview

Hamilton Lane Incorporated is a private equity firm specializing in early venture, emerging growth, turnaround, middle market, mature, mid-venture, bridge, buyout, distressed/vulture, loan, mezzanine in growth capital companies. It prefers to invest in energy, industrials, consumer discretionary, health care, real estate, information technology, utilities, and consumer services. The firm prefers to invest in Africa/Middle East, Asia/Pacific, Europe, Latin America and Caribbean, United States of America, and Canada. The firm prefers to invest between $1 million and $100 million. It prefers to take majority stake. Hamilton Lane Incorporated was founded in 1991 and is based in Conshohocken, Pennsylvania with additional offices across Europe, North America, Asia Pacific and the Middle East.

Key Stats

• Today's Range: $148.65 to $153.94
• 50-Day Range: $150.68 to $201.62
• 52-Week Range: $103.42 to $203.72
• Volume: 1.66 million shs
• Average Volume: 334,371 shs
• Market Capitalization: $8.35 billion
• P/E Ratio: 32.69
• Dividend Yield: 1.30%
• Price Target: $176.33
• Consensus Rating: Hold

Hamilton Lane Stock Analysis - MarketRank™

Hamilton Lane scored higher than 96% of companies evaluated by MarketBeat, and ranked 35th out of 937 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.0 / 5
• Analyst Rating: Hold

Consensus Rating

Hamilton Lane has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 7 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Hamilton Lane has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 7.80%

Earnings Growth

Earnings for Hamilton Lane are expected to grow by 7.80% in the coming year, from $4.87 to $5.25 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Hamilton Lane is 32.69, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 115.46.

Price to Earnings Ratio vs. Sector

The P/E ratio of Hamilton Lane is 32.69, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 29.57.

Price to Book Value per Share Ratio

Hamilton Lane has a P/B Ratio of 12.08. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.72% of the float of Hamilton Lane has been sold short.

Short Interest Ratio / Days to Cover

Hamilton Lane has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Hamilton Lane has recently decreased by 12.17%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Hamilton Lane pays a meaningful dividend of 1.20%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Hamilton Lane does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Hamilton Lane is 42.52%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Hamilton Lane will have a dividend payout ratio of 37.33% next year. This indicates that Hamilton Lane will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 1.6 / 5
• Environmental Score: -0.36

Percentage of Shares Shorted

2.72% of the float of Hamilton Lane has been sold short.

Short Interest Ratio / Days to Cover

Hamilton Lane has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Hamilton Lane has recently decreased by 12.17%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.3 / 5
• News Sentiment: 0.95

News Sentiment

Hamilton Lane has a news sentiment score of 0.95. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.78 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 17 news articles for Hamilton Lane this week, compared to 6 articles on an average week.

Search Interest

Only 2 people have searched for HLNE on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

MarketBeat Follows

5 people have added Hamilton Lane to their MarketBeat watchlist in the last 30 days. This is an increase of 25% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Hamilton Lane insiders have not sold or bought any company stock.

Percentage Held by Insiders

22.59% of the stock of Hamilton Lane is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

97.40% of the stock of Hamilton Lane is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

HLNE Stock Analysis - Frequently Asked Questions

How have HLNE shares performed this year?

Hamilton Lane's stock was trading at $113.44 at the beginning of the year. Since then, HLNE stock has increased by 32.8% and is now trading at $150.68.
View the best growth stocks for 2024 here.

How were Hamilton Lane's earnings last quarter?

Hamilton Lane Incorporated (NASDAQ:HLNE) announced its quarterly earnings data on Wednesday, November, 6th. The company reported $1.07 earnings per share for the quarter, topping the consensus estimate of $1.06 by $0.01. Hamilton Lane's quarterly revenue was up 18.2% compared to the same quarter last year.

When did Hamilton Lane IPO?

Hamilton Lane (HLNE) raised $131 million in an initial public offering (IPO) on Wednesday, March 1st 2017. The company issued 11,900,000 shares at $5.00-$17.00 per share. J.P. Morgan and Morgan Stanle acted as the underwriters for the IPO and Goldman Sachs, Keefe, Bruyette & Woods (A Stifel Company) Wells Fargo Securities and Freeman were co-managers.

Who are Hamilton Lane's major shareholders?

Hamilton Lane's top institutional investors include Wasatch Advisors LP (3.57%), Wellington Management Group LLP (3.22%), State Street Corp (2.59%) and Geode Capital Management LLC (2.04%). Insiders that own company stock include Oakville Number 2 Trust, Atul Varma and Reynoldo Vann Graves.
View institutional ownership trends.

How do I buy shares of Hamilton Lane?

Shares of HLNE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Hamilton Lane own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Hamilton Lane investors own include JPMorgan Chase & Co. (JPM), Advanced Micro Devices (AMD), Meta Platforms (META), Visa (V), Tesla (TSLA), Netflix (NFLX) and NVIDIA (NVDA).

Company Calendar

• Ex-Dividend for 10/4 Dividend: 9/16/2024
• Dividend Payable: 10/04/2024
• Last Earnings: 11/06/2024
• Ex-Dividend for 1/7 Dividend: 12/16/2024
• Today: 12/21/2024
• Dividend Payable: 1/07/2025
• Fiscal Year End: 3/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Investment advice
• Sub-Industry: Trading
• Current Symbol: NASDAQ:HLNE
• CUSIP: N/A
• CIK: 1433642
• Web: www.hamiltonlane.com
• Phone: (610) 934-2222
• Fax: 610-617-9853
• Employees: 530
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $176.33
• High Stock Price Target: $194.00
• Low Stock Price Target: $147.00
• Potential Upside/Downside: +17.0%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 7 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $4.61
• Trailing P/E Ratio: 32.69
• Forward P/E Ratio: 30.94
• P/E Growth: N/A
• Net Income: $140.86 million
• Net Margins: 28.03%
• Pretax Margin: 51.09%
• Return on Equity: 35.59%
• Return on Assets: 19.15%

Debt

• Debt-to-Equity Ratio: 0.24
• Current Ratio: 3.37
• Quick Ratio: 3.37

Sales & Book Value

• Annual Sales: $648.66 million
• Price / Sales: 12.88
• Cash Flow: $3.51 per share
• Price / Cash Flow: 42.93
• Book Value: $12.47 per share
• Price / Book: 12.08

Miscellaneous

• Outstanding Shares: 55,434,000
• Free Float: 42,911,000
• Market Cap: $8.35 billion
• Optionable: Optionable
• Beta: 1.19