Silvercrest Asset Management Group (SAMG) Earns Daily Coverage Optimism Rating of 0.39
News headlines about Silvercrest Asset Management Group (NASDAQ:SAMG) have been trending positive recently, Accern reports. The research firm rates the sentiment of press coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Silvercrest Asset Management Group earned a coverage optimism score of 0.39 on Accern’s scale. Accern also gave news stories about the asset manager an impact score of 47.5561826209892 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Shares of Silvercrest Asset Management Group (NASDAQ SAMG) traded up 0.81% during mid-day trading on Friday, reaching $12.40. 2,649 shares of the company’s stock traded hands. The company has a market cap of $100.53 million, a price-to-earnings ratio of 15.90 and a beta of 1.27. Silvercrest Asset Management Group has a 12 month low of $11.07 and a 12 month high of $14.95. The company has a 50 day moving average of $12.79 and a 200 day moving average of $13.16.
Silvercrest Asset Management Group (NASDAQ:SAMG) last released its quarterly earnings results on Thursday, August 3rd. The asset manager reported $0.23 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.22 by $0.01. Silvercrest Asset Management Group had a return on equity of 17.17% and a net margin of 7.38%. The company had revenue of $22.09 million for the quarter. Analysts expect that Silvercrest Asset Management Group will post $0.90 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Friday, September 22nd. Investors of record on Friday, September 15th will be given a dividend of $0.12 per share. The ex-dividend date of this dividend is Thursday, September 14th. This represents a $0.48 annualized dividend and a dividend yield of 3.87%. Silvercrest Asset Management Group’s dividend payout ratio is presently 61.54%.
Silvercrest Asset Management Group Company Profile
Silvercrest Asset Management Group Inc (Silvercrest) is a full-service wealth management firm focused on providing financial advisory and related family office services to ultra-high net worth individuals and institutional investors. The Company offers a suite of family office services for families seeking oversight of financial affairs.
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