Diamond Hill Investment Group (DHIL) Stock Price, News & Analysis

Company Overview

Diamond Hill Investment Group, Inc., through its subsidiary, Diamond Hill Capital Management, Inc., provides investment advisory and fund administration services in the United States. It offers investment advisory and related services to clients through pooled vehicles, such as private fund; separately managed accounts; collective investment trusts; and other pooled vehicles, including sub-advised funds and model delivery programs. The company also provides fund administration services comprising portfolio and regulatory compliance, treasury and financial oversight, and general business management and governance of the funds, as well as oversight of back-office service providers, which include the custodian, fund accountant, and transfer agent. Diamond Hill Investment Group, Inc. was incorporated in 1990 and is based in Columbus, Ohio.

Key Stats

• Today's Range: $156.59 to $162.28
• 50-Day Range: $145.72 to $163.24
• 52-Week Range: $135.44 to $173.98
• Volume: 14,191 shs
• Average Volume: 17,843 shs
• Market Capitalization: $441.99 million
• P/E Ratio: 10.80
• Dividend Yield: 3.76%
• Price Target: N/A
• Consensus Rating: N/A

Diamond Hill Investment Group Stock Analysis - MarketRank™

Diamond Hill Investment Group scored higher than 69% of companies evaluated by MarketBeat, and ranked 374th out of 914 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Diamond Hill Investment Group.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Diamond Hill Investment Group is 10.80, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.54.

Price to Earnings Ratio vs. Sector

The P/E ratio of Diamond Hill Investment Group is 10.80, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 49.15.

Price to Book Value per Share Ratio

Diamond Hill Investment Group has a P/B Ratio of 2.86. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.08% of the float of Diamond Hill Investment Group has been sold short.

Short Interest Ratio / Days to Cover

Diamond Hill Investment Group has a short interest ratio ("days to cover") of 1.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Diamond Hill Investment Group has recently increased by 1.79%, indicating that investor sentiment is decreasing.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Diamond Hill Investment Group is a leading dividend payer. It pays a dividend yield of 3.95%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Diamond Hill Investment Group does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Diamond Hill Investment Group is 40.65%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: 2.8 / 5
• Environmental Score: -0.74

Percentage of Shares Shorted

1.08% of the float of Diamond Hill Investment Group has been sold short.

Short Interest Ratio / Days to Cover

Diamond Hill Investment Group has a short interest ratio ("days to cover") of 1.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Diamond Hill Investment Group has recently increased by 1.79%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: N/A

News Sentiment

Diamond Hill Investment Group has a news sentiment score of 1.87. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.61 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Diamond Hill Investment Group this week, compared to 1 article on an average week.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Diamond Hill Investment Group insiders have sold 397.68% more of their company's stock than they have bought. Specifically, they have bought $90,541.00 in company stock and sold $450,600.00 in company stock.

Percentage Held by Insiders

Only 3.50% of the stock of Diamond Hill Investment Group is held by insiders.

Percentage Held by Institutions

65.50% of the stock of Diamond Hill Investment Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

DHIL Stock Analysis - Frequently Asked Questions

How have DHIL shares performed this year?

Diamond Hill Investment Group's stock was trading at $165.59 at the beginning of the year. Since then, DHIL shares have decreased by 3.7% and is now trading at $159.39.
View the best growth stocks for 2024 here.

How were Diamond Hill Investment Group's earnings last quarter?

Diamond Hill Investment Group, Inc. (NASDAQ:DHIL) posted its earnings results on Wednesday, July, 31st. The asset manager reported $2.88 earnings per share for the quarter. The asset manager earned $36.66 million during the quarter. Diamond Hill Investment Group had a trailing twelve-month return on equity of 19.58% and a net margin of 28.97%.

Who are Diamond Hill Investment Group's major shareholders?

Diamond Hill Investment Group's top institutional investors include Renaissance Technologies LLC (3.49%), Dimensional Fund Advisors LP (3.15%), Millennium Management LLC (1.15%) and AQR Capital Management LLC (1.11%). Insiders that own company stock include Heather E Brilliant, James F Laird Jr, Jo Ann Quinif, Thomas Edward Line, Richard Scott Cooley and Paula R Meyer.
View institutional ownership trends.

How do I buy shares of Diamond Hill Investment Group?

Shares of DHIL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Diamond Hill Investment Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Diamond Hill Investment Group investors own include Verizon Communications (VZ), Pfizer (PFE), Altria Group (MO), Cisco Systems (CSCO), Exxon Mobil (XOM), Amgen (AMGN) and Walt Disney (DIS).

Company Calendar

• Last Earnings: 7/31/2024
• Ex-Dividend for 9/13 Dividend: 8/29/2024
• Dividend Payable: 9/13/2024
• Today: 9/19/2024
• Next Earnings (Confirmed): 11/07/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Investment advice
• Sub-Industry: Asset Management & Custody Banks
• Current Symbol: NASDAQ:DHIL
• CUSIP: 25264R20
• CIK: 909108
• Web: www.diamond-hill.com
• Phone: (614) 255-3333
• Fax: 614-255-3363
• Employees: 130
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $14.76
• Trailing P/E Ratio: 10.80
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $42.23 million
• Net Margins: 28.97%
• Pretax Margin: 38.39%
• Return on Equity: 19.58%
• Return on Assets: 13.77%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 2.30
• Quick Ratio: 2.30

Sales & Book Value

• Annual Sales: $143.26 million
• Price / Sales: 3.09
• Cash Flow: $11.58 per share
• Price / Cash Flow: 13.76
• Book Value: $55.70 per share
• Price / Book: 2.86

Miscellaneous

• Outstanding Shares: 2,773,000
• Free Float: 2,676,000
• Market Cap: $441.99 million
• Optionable: Not Optionable
• Beta: 0.99