Associated Capital Group (AC) Stock Price, News & Analysis

Company Overview

Associated Capital Group, Inc., together with its subsidiaries, provides investment advisory services in the United States. The company offers alternative investment management services; and operates a direct investment business. It also invests in new and existing businesses. The company was founded in 1976 and is headquartered in Greenwich, Connecticut. Associated Capital Group, Inc. operates as a subsidiary of GGCP Holdings LLC.

Key Stats

• Today's Range: $35.65 to $36.21
• 50-Day Range: $31.73 to $43.10
• 52-Week Range: $28.58 to $43.85
• Volume: 6,522 shs
• Average Volume: 6,291 shs
• Market Capitalization: $770.22 million
• P/E Ratio: 23.37
• Dividend Yield: 0.56%
• Price Target: $17.00
• Consensus Rating: Hold

Associated Capital Group Stock Analysis - MarketRank™

Associated Capital Group scored higher than 77% of companies evaluated by MarketBeat, and ranked 441st out of 919 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: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

Associated Capital Group has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Associated Capital Group has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Associated Capital Group is 23.37, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.13.

Price to Earnings Ratio vs. Sector

The P/E ratio of Associated Capital Group is 23.37, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 46.13.

Price to Book Value per Share Ratio

Associated Capital Group has a P/B Ratio of 0.85. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

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

Percentage of Shares Shorted

0.71% of the float of Associated Capital Group has been sold short.

Short Interest Ratio / Days to Cover

Associated Capital Group has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Associated Capital Group has recently decreased by 21.84%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

Associated Capital Group has a dividend yield of 0.55%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

Associated Capital Group does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Associated Capital Group is 12.90%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: 1.5 / 5
• Environmental Score: -0.34

Percentage of Shares Shorted

0.71% of the float of Associated Capital Group has been sold short.

Short Interest Ratio / Days to Cover

Associated Capital Group has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Associated Capital Group has recently decreased by 21.84%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.9 / 5
• News Sentiment: 0.21

News Sentiment

Associated Capital Group has a news sentiment score of 0.21. 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 0.56 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for Associated Capital Group this week, compared to 3 articles on an average week.

Search Interest

9 people have searched for AC on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.

MarketBeat Follows

1 people have added Associated Capital Group to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Associated Capital Group insiders have sold 69.65% more of their company's stock than they have bought. Specifically, they have bought $14,608.00 in company stock and sold $24,782.00 in company stock.

Percentage Held by Insiders

87.62% of the stock of Associated Capital Group is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 8.14% of the stock of Associated Capital Group is held by institutions.

AC Stock Analysis - Frequently Asked Questions

How have AC shares performed this year?

Associated Capital Group's stock was trading at $35.71 at the start of the year. Since then, AC stock has increased by 0.8% and is now trading at $35.99.
View the best growth stocks for 2024 here.

How were Associated Capital Group's earnings last quarter?

Associated Capital Group, Inc. (NYSE:AC) posted its earnings results on Wednesday, August, 7th. The financial services provider reported $0.14 earnings per share (EPS) for the quarter. The financial services provider had revenue of $2.60 million for the quarter. Associated Capital Group had a net margin of 246.48% and a trailing twelve-month return on equity of 3.65%.

Who are Associated Capital Group's major shareholders?

Associated Capital Group's top institutional investors include Dynamic Advisor Solutions LLC (0.06%) and Quent Capital LLC (0.03%). Insiders that own company stock include Ggcp, Inc, Gamco Investors, Inc Et Al and Associated Capital Group, Inc.
View institutional ownership trends.

How do I buy shares of Associated Capital Group?

Shares of AC 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 Associated Capital Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Associated Capital Group investors own include Pfizer (PFE), AT&T (T), Advanced Micro Devices (AMD), Bank of Nova Scotia (BNS), Dominion Energy (D), Enterprise Products Partners (EPD) and Wells Fargo & Company (WFC).

Company Calendar

• Last Earnings: 8/07/2024
• Ex-Dividend for 11/4 Dividend: 10/21/2024
• Today: 10/25/2024
• Dividend Payable: 11/04/2024
• Next Earnings (Estimated): 11/13/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Security brokers & dealers
• Sub-Industry: Trading
• Current Symbol: NYSE:AC
• CUSIP: N/A
• CIK: 1642122
• Web: www.associated-capital-group.com
• Phone: (203) 629-9595
• Fax: N/A
• Employees: 25
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $17.00
• High Stock Price Target: $17.00
• Low Stock Price Target: $17.00
• Potential Upside/Downside: -52.8%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.55
• Trailing P/E Ratio: 23.37
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $37.45 million
• Net Margins: 246.48%
• Pretax Margin: 322.54%
• Return on Equity: 3.65%
• Return on Assets: 3.51%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 15.02
• Quick Ratio: 13.36

Sales & Book Value

• Annual Sales: $13.44 million
• Price / Sales: 57.30
• Cash Flow: $1.73 per share
• Price / Cash Flow: 20.75
• Book Value: $42.11 per share
• Price / Book: 0.85

Miscellaneous

• Outstanding Shares: 21,401,000
• Free Float: 2,633,000
• Market Cap: $770.22 million
• Optionable: Not Optionable
• Beta: 0.88