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

Diamond Hill Investment Group's stock was trading at $185.02 at the beginning of 2023. Since then, DHIL shares have decreased by 6.0% and is now trading at $174.00.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, July 27th 2023.
View our DHIL earnings forecast.

Diamond Hill Investment Group, Inc. (NASDAQ:DHIL) posted its earnings results on Thursday, October, 26th. The asset manager reported $3.67 earnings per share (EPS) for the quarter. The asset manager had revenue of $36.77 million for the quarter. Diamond Hill Investment Group had a net margin of 30.10% and a trailing twelve-month return on equity of 24.02%.

Diamond Hill Investment Group declared a quarterly dividend on Wednesday, May 10th. Investors of record on Thursday, June 1st will be given a dividend of $1.50 per share on Friday, June 16th. This represents a $6.00 dividend on an annualized basis and a dividend yield of 3.45%. The ex-dividend date of this dividend is Wednesday, May 31st.
Read our dividend analysis for DHIL.

ETFs with the largest weight of Diamond Hill Investment Group (NASDAQ:DHIL) stock in their portfolio include Roundhill Acquirers Deep Value ETF (DEEP), AdvisorShares Dorsey Wright Micro-Cap ETF (DWMC), ALPS O'Shares U.S. Small-Cap Quality Dividend ETF (OUSM), Royce Quant Small-Cap Quality Value ETF (SQLV), SPDR S&P Capital Markets ETF (KCE), SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV), iShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI) and WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS).

Diamond Hill Investment Group (NASDAQ:DHIL) pays an annual dividend of $6.00 per share and currently has a dividend yield of 3.53%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 41.58%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for DHIL.

2 employees have rated Diamond Hill Investment Group Chief Executive Officer Heather Brilliant on Glassdoor.com. Heather Brilliant has an approval rating of 52% among the company's employees. This puts Heather Brilliant in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Diamond Hill Investment Group investors own include Verizon Communications (VZ), Pfizer (PFE), Altria Group (MO), Cisco Systems (CSCO), Exxon Mobil (XOM), Amgen (AMGN), Walt Disney (DIS), Editas Medicine (EDIT), JPMorgan Chase & Co. (JPM) and Simon Property Group (SPG).

Diamond Hill Investment Group trades on the NASDAQ under the ticker symbol "DHIL."

Diamond Hill Investment Group's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.06%), Royce & Associates LP (5.40%), Touchstone Capital Inc. (3.95%), DAVENPORT & Co LLC (3.79%), Dimensional Fund Advisors LP (3.39%) and Renaissance Technologies LLC (2.92%). Insiders that own company stock include Heather E Brilliant, James F Laird Jr, Paula R Meyer, Randolph J Fortener, Richard Scott Cooley and Thomas Edward Line.
View institutional ownership trends.

Shares of DHIL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of DHIL stock can currently be purchased for approximately $174.00.

Diamond Hill Investment Group (NASDAQ:DHIL) has a market capitalization of $516.78 million and generates $154.50 million in revenue each year. The asset manager earns $40.43 million in net income (profit) each year or $14.43 on an earnings per share basis.

The company employs 128 workers across the globe.

Diamond Hill Investment Group's mailing address is 325 JOHN H MCCONNELL BLVD SUITE 200, COLUMBUS OH, 43215. The official website for the company is www.diamond-hill.com. The asset manager can be reached via phone at (614) 255-3333, via email at tline@diamond-hill.com, or via fax at 614-255-3363.