Silvercrest Asset Management Group (NASDAQ:SAMG - Get Free Report) is set to release its earnings data before the market opens on Friday, November 1st. Analysts expect Silvercrest Asset Management Group to post earnings of $0.41 per share for the quarter. Persons that wish to listen to the company's earnings conference call can do so using this link.
Silvercrest Asset Management Group (NASDAQ:SAMG - Get Free Report) last posted its quarterly earnings results on Thursday, August 1st. The asset manager reported $0.30 EPS for the quarter, missing the consensus estimate of $0.40 by ($0.10). Silvercrest Asset Management Group had a net margin of 7.09% and a return on equity of 12.46%. The business had revenue of $30.99 million during the quarter, compared to analysts' expectations of $30.68 million. During the same period in the previous year, the company posted $0.34 earnings per share. On average, analysts expect Silvercrest Asset Management Group to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Silvercrest Asset Management Group Price Performance
NASDAQ:SAMG traded up $0.46 during mid-day trading on Monday, hitting $17.51. The company's stock had a trading volume of 30,682 shares, compared to its average volume of 26,350. Silvercrest Asset Management Group has a 1 year low of $13.93 and a 1 year high of $18.13. The stock has a market cap of $243.56 million, a price-to-earnings ratio of 18.23 and a beta of 0.83. The business's fifty day moving average is $16.54 and its two-hundred day moving average is $15.83.
Silvercrest Asset Management Group Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, September 20th. Shareholders of record on Friday, September 13th were issued a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 4.57%. This is a positive change from Silvercrest Asset Management Group's previous quarterly dividend of $0.19. The ex-dividend date of this dividend was Friday, September 13th. Silvercrest Asset Management Group's dividend payout ratio is presently 84.21%.
Silvercrest Asset Management Group Company Profile
(
Get Free Report)
Silvercrest Asset Management Group Inc, a wealth management firm, provides financial advisory and related family office services in the United States. The company serves ultra-high net worth individuals and families, as well as their trusts; endowments; foundations; and other institutional investors.
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