Seaport Res Ptn Lifts Earnings Estimates for Houlihan Lokey

Key Points

• Seaport Res Ptn raised their FY2026 earnings per share estimate for Houlihan Lokey from $7.55 to $7.65, while the current full-year consensus estimate stands at $5.98.
• Houlihan Lokey reported quarterly earnings of $2.14 per share, exceeding estimates of $1.69 and reflecting a year-over-year revenue increase of 17.8%.
• The company's stock has a consensus target price of $212.43, with a current rating of "Moderate Buy" from analysts following recent upgrades and downgrades from various financial institutions.

Houlihan Lokey, Inc. (NYSE:HLI - Free Report) - Equities research analysts at Seaport Res Ptn lifted their FY2026 earnings per share (EPS) estimates for Houlihan Lokey in a note issued to investors on Monday, October 13th. Seaport Res Ptn analyst J. Mitchell now forecasts that the financial services provider will post earnings per share of $7.65 for the year, up from their previous forecast of $7.55. The consensus estimate for Houlihan Lokey's current full-year earnings is $5.98 per share. Seaport Res Ptn also issued estimates for Houlihan Lokey's Q3 2027 earnings at $2.26 EPS, Q4 2027 earnings at $2.30 EPS, FY2027 earnings at $8.65 EPS and FY2028 earnings at $9.70 EPS.

Houlihan Lokey (NYSE:HLI - Get Free Report) last announced its quarterly earnings data on Tuesday, July 29th. The financial services provider reported $2.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.69 by $0.45. Houlihan Lokey had a return on equity of 23.75% and a net margin of 16.46%.The firm had revenue of $605.35 million for the quarter, compared to analysts' expectations of $573.07 million. During the same period last year, the business posted $1.22 earnings per share. The firm's revenue for the quarter was up 17.8% on a year-over-year basis.

Several other brokerages have also recently issued reports on HLI. BMO Capital Markets initiated coverage on Houlihan Lokey in a research note on Friday, October 3rd. They set an "outperform" rating and a $230.00 price objective on the stock. Wells Fargo & Company raised their price target on Houlihan Lokey from $185.00 to $209.00 and gave the company an "overweight" rating in a report on Friday, July 11th. Zacks Research lowered Houlihan Lokey from a "strong-buy" rating to a "hold" rating in a report on Monday, September 29th. Morgan Stanley raised their price target on Houlihan Lokey from $192.00 to $213.00 and gave the company an "overweight" rating in a report on Monday, September 8th. Finally, Weiss Ratings reissued a "buy (b-)" rating on shares of Houlihan Lokey in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $212.43.

Houlihan Lokey Price Performance

Shares of HLI opened at $191.69 on Tuesday. The business's fifty day moving average price is $198.20 and its 200 day moving average price is $182.24. Houlihan Lokey has a 12-month low of $137.99 and a 12-month high of $211.78. The stock has a market capitalization of $13.48 billion, a PE ratio of 32.27 and a beta of 0.87.

Houlihan Lokey Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, September 15th. Investors of record on Tuesday, September 2nd were paid a $0.60 dividend. The ex-dividend date of this dividend was Tuesday, September 2nd. This represents a $2.40 dividend on an annualized basis and a yield of 1.3%. Houlihan Lokey's dividend payout ratio (DPR) is currently 40.40%.

Insider Buying and Selling

In related news, General Counsel Christopher M. Crain sold 500 shares of Houlihan Lokey stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $196.22, for a total value of $98,110.00. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Chairman Paul Eric Siegert sold 40,000 shares of Houlihan Lokey stock in a transaction dated Wednesday, August 27th. The stock was sold at an average price of $199.95, for a total value of $7,998,000.00. The disclosure for this sale can be found here. In the last quarter, insiders have sold 47,311 shares of company stock valued at $9,477,040. 22.83% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Houlihan Lokey

Institutional investors and hedge funds have recently bought and sold shares of the business. Bogart Wealth LLC grew its stake in Houlihan Lokey by 111.1% during the 1st quarter. Bogart Wealth LLC now owns 152 shares of the financial services provider's stock valued at $25,000 after acquiring an additional 80 shares in the last quarter. Motco purchased a new position in Houlihan Lokey during the 1st quarter valued at about $29,000. Trust Co. of Toledo NA OH purchased a new position in Houlihan Lokey during the 2nd quarter valued at about $34,000. Brooklyn Investment Group purchased a new position in Houlihan Lokey during the 1st quarter valued at about $33,000. Finally, Strategic Wealth Investment Group LLC acquired a new stake in shares of Houlihan Lokey during the 2nd quarter valued at about $39,000. Hedge funds and other institutional investors own 78.07% of the company's stock.

About Houlihan Lokey

Houlihan Lokey, Inc, an investment banking company, provides merger and acquisition (M&A), capital market, financial restructuring, and financial and valuation advisory services worldwide. It operates in three segments: Corporate Finance, Financial Restructuring, and Financial and Valuation Advisory.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.