Financial Engines, Inc. provides independent technology-enabled financial advisory, discretionary portfolio management, personalized investment advice, financial and retirement income planning, and financial education and guidance services in the United States. It assists individuals to develop a strategy to reach financial goals by offering a set of services, including personalized plans for saving and investing, assessments of retirement income, and the option to meet face-to-face with a financial advisor. The company's products and services include Professional Management that provides discretionary portfolio management service for individuals in the workplace who want affordable and personalized portfolio management for their retirement accounts; Personal Advisor, which offers discretionary portfolio management for 401(k), IRA, and taxable accounts for defined contribution (DC) plan participants and individual retail investors; and Online Advice, an Internet-based investment advisory service designed for individuals who wish to take an active role in personally managing their portfolios. Its products and services also comprise Financial Planning and Retirement Income Planning services, including social security guidance; and Financial Wellness, which offers a range of financial education and guidance through multiple channels, including in person, on-site events, online content, and phone-based advisors. The company delivers its services to plan sponsors and plan participants primarily through connections to nine DC plan providers. Financial Engines, Inc. was founded in 1996 and is headquartered in Sunnyvale, California.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Investment advice
Sub-IndustryAsset Management & Custody Banks
SectorFinance
SymbolNASDAQ:FNGN
CUSIP31748510
Phone408-498-6000
Debt
Debt-to-Equity RatioN/A
Current Ratio7.15
Quick Ratio7.15
Price-To-Earnings
Trailing P/E Ratio43.64
Forward P/E Ratio31.65
P/E Growth2.43
Sales & Book Value
Annual Sales$480.51 million
Price / Sales5.96
Cash Flow$1.5227 per share
Price / Cash29.52
Book Value$13.35 per share
Price / Book3.37
Profitability
EPS (Most Recent Fiscal Year)$1.03
Net Income$46.66 million
Net Margins10.53%
Return on Equity8.80%
Return on Assets8.12%
Miscellaneous
Employees935
Outstanding Shares63,720,000
Market Cap$2.86 billion
Financial Engines (NASDAQ:FNGN) Frequently Asked Questions
What is Financial Engines' stock symbol?
Financial Engines trades on the NASDAQ under the ticker symbol "FNGN."
How often does Financial Engines pay dividends? What is the dividend yield for Financial Engines?
Financial Engines announced a quarterly dividend on Monday, May 14th. Investors of record on Friday, June 22nd will be paid a dividend of $0.08 per share on Friday, July 6th. This represents a $0.32 annualized dividend and a dividend yield of 0.71%. The ex-dividend date of this dividend is Thursday, June 21st. View Financial Engines' Dividend History.
How will Financial Engines' stock buyback program work?
Financial Engines announced that its board has approved a share repurchase program on Saturday, November 4th 2017, which allows the company to repurchase $60,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's board believes its shares are undervalued.
How were Financial Engines' earnings last quarter?
Financial Engines Inc (NASDAQ:FNGN) issued its quarterly earnings results on Thursday, February, 22nd. The asset manager reported $0.38 earnings per share for the quarter, topping analysts' consensus estimates of $0.37 by $0.01. The asset manager earned $125.69 million during the quarter, compared to analysts' expectations of $126.49 million. Financial Engines had a net margin of 10.53% and a return on equity of 8.80%. The firm's quarterly revenue was up 11.0% compared to the same quarter last year. During the same quarter last year, the firm earned $0.29 EPS. View Financial Engines' Earnings History.
What price target have analysts set for FNGN?
6 equities research analysts have issued twelve-month price objectives for Financial Engines' stock. Their forecasts range from $33.00 to $45.00. On average, they expect Financial Engines' share price to reach $38.6667 in the next year. This suggests that the stock has a possible downside of 14.0%. View Analyst Price Targets for Financial Engines.
What is the consensus analysts' recommendation for Financial Engines?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Financial Engines in the last year. There are currently 6 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Financial Engines.
Who are some of Financial Engines' key competitors?
Some companies that are related to Financial Engines include Invesco (IVZ), Affiliated Managers Group (AMG), Apollo Global Management LLC Class A (APO), Lazard (LAZ), Oaktree Capital Group (OAK), Eaton Vance (EV), Morningstar (MORN), Janus Henderson Group (JHG), Evercore (EVR), MAN Grp PLC/ADR (MNGPY), Moelis & Co (MC), Houlihan Lokey (HLI), AllianceBernstein (AB), Legg Mason (LM) and Artisan Partners Asset Management (APAM).
Who are Financial Engines' key executives?
Financial Engines' management team includes the folowing people:
- Mr. Lawrence Michael Raffone, Pres, CEO & Director (Age 54)
- Mr. Joseph A. Grundfest, Co-Founder & Director (Age 66)
- Mr. Craig L. Foster, Exec. VP, CFO & Chief Accounting Officer (Age 48)
- Mr. John Bradley Bunch, Exec. VP & Chief Operating Officer (Age 51)
- Mr. Christopher Leigh Jones, Exec. VP of Investment Management & Chief Investment Officer (Age 51)
Has Financial Engines been receiving favorable news coverage?
News stories about FNGN stock have been trending somewhat positive on Sunday, according to Accern Sentiment Analysis. The research group identifies negative and positive media coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Financial Engines earned a coverage optimism score of 0.11 on Accern's scale. They also gave headlines about the asset manager an impact score of 46.87 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near future. View Recent Headlines for Financial Engines.
Who are Financial Engines' major shareholders?
Financial Engines' stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (13.83%), Janus Henderson Group PLC (6.63%), Van Berkom & Associates Inc. (3.04%), Villere ST Denis J & Co. LLC (3.02%), Dimensional Fund Advisors LP (1.95%) and Bank of New York Mellon Corp (1.17%). Company insiders that own Financial Engines stock include Blake R Grossman, Christopher L Jones, David B Yoffie, E Olena Berg-Lacy, Gina M Cruse, Heidi Fields, Jeffrey C Grace, John B Shoven, John Bunch, Joseph Grundfest, Kelly O'donnell, Lawrence M Raffone, Lewis Antone Jr, Michael E Martin, Michael Jerome Campbell, Paul Gamble and Raymond J Sims. View Institutional Ownership Trends for Financial Engines.
Which major investors are selling Financial Engines stock?
FNGN stock was sold by a variety of institutional investors in the last quarter, including Villere ST Denis J & Co. LLC, Millennium Management LLC, Van Berkom & Associates Inc., Mogy Joel R Investment Counsel Inc., Bank of America Corp DE, American Capital Management Inc., Janus Henderson Group PLC and KBC Group NV. Company insiders that have sold Financial Engines company stock in the last year include Christopher L Jones, Gina M Cruse, Jeffrey C Grace, John Bunch, Joseph Grundfest, Lewis Antone Jr, Michael E Martin and Michael Jerome Campbell. View Insider Buying and Selling for Financial Engines.
Which major investors are buying Financial Engines stock?
FNGN stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Renaissance Technologies LLC, Chicago Capital Management LLC, Gabelli Funds LLC, Rothschild Asset Management Inc., Gamco Investors INC. ET AL, GABELLI & Co INVESTMENT ADVISERS INC. and Water Island Capital LLC. Company insiders that have bought Financial Engines stock in the last two years include Blake R Grossman and Lawrence M Raffone. View Insider Buying and Selling for Financial Engines.
How do I buy shares of Financial Engines?
Shares of FNGN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Financial Engines' stock price today?
One share of FNGN stock can currently be purchased for approximately $44.95.
How big of a company is Financial Engines?
Financial Engines has a market capitalization of $2.86 billion and generates $480.51 million in revenue each year. The asset manager earns $46.66 million in net income (profit) each year or $1.03 on an earnings per share basis. Financial Engines employs 935 workers across the globe.
How can I contact Financial Engines?
Financial Engines' mailing address is 1050 ENTERPRISE WAY 3RD FL, SUNNYVALE CA, 94089. The asset manager can be reached via phone at 408-498-6000 or via email at [email protected]
MarketBeat Community Rating for Financial Engines (NASDAQ FNGN)
MarketBeat's community ratings are surveys of what our community members think about Financial Engines and other stocks. Vote "Outperform" if you believe FNGN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FNGN will underperform the S&P 500 over the long term. You may vote once every thirty days.
