B. Riley Financial (NASDAQ:RILY - Get Free Report) is scheduled to be posting its quarterly earnings results after the market closes on Wednesday, May 15th. Investors that wish to register for the company's conference call can do so using this link.
B. Riley Financial (NASDAQ:RILY - Get Free Report) last issued its earnings results on Thursday, February 29th. The asset manager reported ($1.86) earnings per share for the quarter. B. Riley Financial had a negative net margin of 4.75% and a negative return on equity of 8.40%. The business had revenue of $346.51 million during the quarter.
B. Riley Financial Price Performance
Shares of RILY traded up $0.86 during midday trading on Thursday, hitting $32.35. The company's stock had a trading volume of 584,546 shares, compared to its average volume of 1,416,737. The company has a quick ratio of 4.88, a current ratio of 4.88 and a debt-to-equity ratio of 14.33. B. Riley Financial has a one year low of $14.46 and a one year high of $60.72. The stock has a market capitalization of $975.13 million, a price-to-earnings ratio of -11.29 and a beta of 1.34. The company's fifty day simple moving average is $23.53 and its two-hundred day simple moving average is $23.30.
B. Riley Financial Cuts Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, March 22nd. Shareholders of record on Monday, March 11th were given a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 6.18%. The ex-dividend date of this dividend was Friday, March 8th. B. Riley Financial's dividend payout ratio is presently -71.68%.
Analyst Ratings Changes
Separately, StockNews.com upgraded shares of B. Riley Financial to a "sell" rating in a research note on Tuesday, April 30th.
Read Our Latest Research Report on RILY
B. Riley Financial Company Profile
(
Get Free Report)
B. Riley Financial, Inc, through its subsidiaries, provides financial services to corporate, institutional, and high net worth clients in North America, Australia, the Asia Pacific, and Europe. The company operates through six segments: Capital Markets, Wealth Management, Financial Consulting, Auction and Liquidation, Communications, and Consumer.
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