Silvercrest Asset Management Group (SAMG) to Release Earnings on Friday

Silvercrest Asset Management Group (NASDAQ:SAMG - Get Free Report) is scheduled to announce its earnings results before the market opens on Friday, May 3rd. Analysts expect the company to announce earnings of $0.40 per share for the quarter. Investors that wish to listen to the company's conference call can do so using this link.

Silvercrest Asset Management Group (NASDAQ:SAMG - Get Free Report) last announced its quarterly earnings results on Thursday, March 7th. The asset manager reported $0.07 earnings per share for the quarter. The business had revenue of $28.54 million for the quarter. Silvercrest Asset Management Group had a return on equity of 13.10% and a net margin of 7.75%. On average, analysts expect Silvercrest Asset Management Group to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Silvercrest Asset Management Group Stock Performance

Shares of Silvercrest Asset Management Group stock remained flat at $15.10 on Monday. The stock had a trading volume of 32,793 shares, compared to its average volume of 22,300. The stock has a fifty day moving average price of $15.52 and a 200-day moving average price of $16.25. The stock has a market capitalization of $210.04 million, a price-to-earnings ratio of 15.73 and a beta of 0.85. Silvercrest Asset Management Group has a fifty-two week low of $13.93 and a fifty-two week high of $23.20.

Silvercrest Asset Management Group Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Friday, March 8th were given a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a dividend yield of 5.03%. The ex-dividend date was Thursday, March 7th. Silvercrest Asset Management Group's payout ratio is 79.17%.

Analysts Set New Price Targets

A number of analysts have recently weighed in on SAMG shares. StockNews.com upgraded Silvercrest Asset Management Group from a "hold" rating to a "buy" rating in a research report on Saturday, March 16th. Singular Research reissued a "buy" rating on shares of Silvercrest Asset Management Group in a report on Monday, March 18th.

Silvercrest Asset Management Group Company Profile

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.