Silvercrest Asset Management Group (SAMG) Expected to Announce Quarterly Earnings on Thursday

Silvercrest Asset Management Group (NASDAQ:SAMG - Get Free Report) is expected to be announcing its earnings results before the market opens on Thursday, March 6th. Analysts expect Silvercrest Asset Management Group to post earnings of $0.33 per share and revenue of $31.97 million for the quarter. Parties interested in registering for the company's conference call can do so using this link.

Silvercrest Asset Management Group Stock Up 0.6 %

Shares of SAMG traded up $0.10 during mid-day trading on Friday, reaching $18.13. 25,249 shares of the company's stock were exchanged, compared to its average volume of 19,976. Silvercrest Asset Management Group has a 52-week low of $13.93 and a 52-week high of $19.20. The company has a market cap of $251.37 million, a price-to-earnings ratio of 22.66 and a beta of 0.82. The company has a 50-day simple moving average of $18.28 and a two-hundred day simple moving average of $17.52.

Silvercrest Asset Management Group Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 21st. Stockholders of record on Friday, March 14th will be issued a dividend of $0.20 per share. The ex-dividend date is Friday, March 14th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 4.41%. Silvercrest Asset Management Group's dividend payout ratio (DPR) is presently 100.00%.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of Silvercrest Asset Management Group from a "buy" rating to a "strong-buy" rating in a research report on Wednesday, November 20th.

About Silvercrest Asset Management Group

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.