Hennessy Advisors (HNNA) Stock Price, News & Analysis

Company Overview

Hennessy Advisors, Inc. is an employee owned investment manager. It provides its services to Hennessy Funds and investment companies. The firm launches and manages equity, fixed income, and balanced mutual funds. It invests in the public equity and fixed income markets across the globe. The firm primarily invests in growth stocks of companies. It conducts in-house research to make its investments. Hennessy Advisors, Inc. was founded in 1989 and is based in Novato, California with additional offices in Boston, Massachusetts and Chapel Hill, North Carolina.

Key Stats

• Today's Range: $11.35 to $11.99
• 50-Day Range: $9.85 to $13.60
• 52-Week Range: $6.38 to $13.88
• Volume: 23,217 shs
• Average Volume: 9,393 shs
• Market Capitalization: $93.20 million
• P/E Ratio: 13.02
• Dividend Yield: 4.59%
• Price Target: N/A
• Consensus Rating: N/A

Hennessy Advisors Stock Analysis - MarketRank™

Hennessy Advisors scored higher than 45% of companies evaluated by MarketBeat, and ranked 678th out of 935 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: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Hennessy Advisors.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Hennessy Advisors is 13.02, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.29.

Price to Earnings Ratio vs. Sector

The P/E ratio of Hennessy Advisors is 13.02, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 26.71.

Price to Book Value per Share Ratio

Hennessy Advisors has a P/B Ratio of 1.03. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.37% of the float of Hennessy Advisors has been sold short.

Short Interest Ratio / Days to Cover

Hennessy Advisors has a short interest ratio ("days to cover") of 9.6.

Change versus previous month

Short interest in Hennessy Advisors has recently decreased by 2.09%, indicating that investor sentiment is improving.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Hennessy Advisors is a leading dividend payer. It pays a dividend yield of 4.76%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Hennessy Advisors does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Hennessy Advisors is 59.78%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.37% of the float of Hennessy Advisors has been sold short.

Short Interest Ratio / Days to Cover

Hennessy Advisors has a short interest ratio ("days to cover") of 9.6.

Change versus previous month

Short interest in Hennessy Advisors has recently decreased by 2.09%, indicating that investor sentiment is improving.

News and Social Media

• Score: 1.8 / 5
• News Sentiment: 0.29

News Sentiment

Hennessy Advisors has a news sentiment score of 0.29. 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 lower news sentiment than the 0.77 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 12 news articles for Hennessy Advisors this week, compared to 1 article on an average week.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Hennessy Advisors insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $303,149.00 in company stock.

Percentage Held by Insiders

37.80% of the stock of Hennessy Advisors is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 10.31% of the stock of Hennessy Advisors is held by institutions.

HNNA Stock Analysis - Frequently Asked Questions

How have HNNA shares performed this year?

Hennessy Advisors' stock was trading at $6.71 on January 1st, 2024. Since then, HNNA stock has increased by 78.5% and is now trading at $11.98.
View the best growth stocks for 2024 here.

How were Hennessy Advisors' earnings last quarter?

Hennessy Advisors, Inc. (NASDAQ:HNNA) announced its quarterly earnings results on Thursday, May, 14th. The asset manager reported $0.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.33 by $0.06. The asset manager earned $8.88 million during the quarter. Hennessy Advisors had a trailing twelve-month return on equity of 7.97% and a net margin of 26.64%.

When did Hennessy Advisors' stock split?

Shares of Hennessy Advisors split on Monday, March 6th 2017. The 3-2 split was announced on Thursday, January 26th 2017. The newly created shares were distributed to shareholders after the closing bell on Friday, March 3rd 2017. An investor that had 100 shares of stock prior to the split would have 150 shares after the split.

Who are Hennessy Advisors' major shareholders?

Top institutional shareholders of Hennessy Advisors include Redhawk Wealth Advisors Inc. (0.68%) and Geode Capital Management LLC (0.59%). Insiders that own company stock include Neil J Hennessy, Rodger Offenbach, Thomas L Seavey, Susan Weber Pomilia, Daniel B Steadman, Brian A Hennessy and Kiera Newton.
View institutional ownership trends.

How do I buy shares of Hennessy Advisors?

Shares of HNNA 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 Hennessy Advisors own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Hennessy Advisors investors own include Intel (INTC), Verizon Communications (VZ), Enterprise Products Partners (EPD), Mplx (MPLX), Walgreens Boots Alliance (WBA), British American Tobacco (BTI) and Invesco (IVZ).

Company Calendar

• Last Earnings: 5/14/2020
• Ex-Dividend for 11/27 Dividend: 11/14/2024
• Dividend Payable: 11/27/2024
• Today: 12/21/2024
• Fiscal Year End: 9/30/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Investment advice
• Sub-Industry: N/A
• Current Symbol: NASDAQ:HNNA
• CUSIP: N/A
• CIK: 1145255
• Web: www.hennessyadvisors.com
• Phone: (800) 966-4354
• Fax: 415-899-1559
• Employees: 16
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $0.92
• Trailing P/E Ratio: 13.02
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $4.77 million
• Net Margins: 26.64%
• Pretax Margin: 31.36%
• Return on Equity: 7.97%
• Return on Assets: 4.82%

Debt

• Debt-to-Equity Ratio: 0.44
• Current Ratio: 17.39
• Quick Ratio: 17.39

Sales & Book Value

• Annual Sales: $29.65 million
• Price / Sales: 3.14
• Cash Flow: $0.69 per share
• Price / Cash Flow: 17.48
• Book Value: $11.58 per share
• Price / Book: 1.03

Miscellaneous

• Outstanding Shares: 7,780,000
• Free Float: 4,778,000
• Market Cap: $93.20 million
• Optionable: Not Optionable
• Beta: 0.80