Diamond Hill Investment Group - DHIL Stock Forecast, Price & News

Diamond Hill Investment Group's stock was trading at $185.02 at the beginning of the year. Since then, DHIL stock has increased by 1.8% and is now trading at $188.29.
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Diamond Hill Investment Group saw a increase in short interest in the month of January. As of January 15th, there was short interest totaling 29,700 shares, an increase of 8.4% from the December 31st total of 27,400 shares. Based on an average trading volume of 11,000 shares, the days-to-cover ratio is currently 2.7 days. Currently, 1.0% of the company's shares are short sold.
View Diamond Hill Investment Group's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Friday, February 24th 2023.
View our DHIL earnings forecast.

Diamond Hill Investment Group, Inc. (NASDAQ:DHIL) posted its quarterly earnings results on Thursday, October, 26th. The asset manager reported $3.67 earnings per share for the quarter. The asset manager earned $36.77 million during the quarter. Diamond Hill Investment Group had a net margin of 26.79% and a trailing twelve-month return on equity of 30.69%.

Diamond Hill Investment Group announced a quarterly dividend on Wednesday, October 26th. Investors of record on Friday, November 25th will be paid a dividend of $5.50 per share on Friday, December 9th. This represents a $22.00 dividend on an annualized basis and a dividend yield of 11.68%. The ex-dividend date is Wednesday, November 23rd. This is an increase from the stock's previous quarterly dividend of $1.50.
Read our dividend analysis for DHIL.

Diamond Hill Investment Group (NASDAQ:DHIL) pays an annual dividend of $6.00 per share and currently has a dividend yield of 3.18%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 43.35%. 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 a number of retail and institutional investors. Top institutional shareholders include Touchstone Capital Inc. (4.11%), DAVENPORT & Co LLC (3.72%), Investment Management Associates Inc. ADV (1.32%), Legato Capital Management LLC (0.18%), Strs Ohio (0.11%) and Merit Financial Group LLC (0.07%). 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 $188.29.

Diamond Hill Investment Group (NASDAQ:DHIL) has a market capitalization of $568.64 million and generates $182.19 million in revenue each year. The asset manager earns $74.20 million in net income (profit) each year or $13.84 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.