About Financial Engines (NASDAQ:FNGN)
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
Industry Investment advice
Sub-IndustryAsset Management & Custody Banks
Trailing P/E Ratio43.64
Forward P/E Ratio32.57
Sales & Book Value
Annual Sales$480.51 million
Price / Sales5.96
Cash Flow$1.5222 per share
Price / Cash29.53
Book Value$13.35 per share
Price / Book3.37
EPS (Most Recent Fiscal Year)$1.03
Net Income$46.66 million
Return on Equity8.80%
Return on Assets8.12%
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. Shareholders 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 dividend on an annualized basis and a 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 of Directors has approved a share buyback program on Saturday, November 4th 2017, which authorizes the company to repurchase $60,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's management believes its stock is undervalued.
How were Financial Engines' earnings last quarter?
Financial Engines Inc (NASDAQ:FNGN) announced its earnings results on Wednesday, May, 9th. The asset manager reported $0.47 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.43 by $0.04. The asset manager earned $127.80 million during the quarter, compared to the consensus estimate of $126.28 million. Financial Engines had a return on equity of 8.80% and a net margin of 10.53%. The company's revenue was up 12.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.33 earnings per share. View Financial Engines' Earnings History.
When is Financial Engines' next earnings date?
What price target have analysts set for FNGN?
7 equities research analysts have issued 12 month price objectives for Financial Engines' shares. Their forecasts range from $33.00 to $45.00. On average, they anticipate Financial Engines' share price to reach $38.6667 in the next year. View Analyst Ratings for Financial Engines.
Are investors shorting Financial Engines?
Financial Engines saw a decrease in short interest during the month of May. As of May 31st, there was short interest totalling 573,028 shares, a decrease of 31.9% from the May 15th total of 841,025 shares. Based on an average trading volume of 726,476 shares, the days-to-cover ratio is currently 0.8 days. Approximately 0.9% of the company's shares are short sold.
Who are some of Financial Engines' key competitors?
Some companies that are related to Financial Engines include Invesco (IVZ), Affiliated Managers Group (AMG), Lazard (LAZ), Eaton Vance (EV), Oaktree Capital Group (OAK), Apollo Global Management LLC Class A (APO), Janus Henderson Group (JHG), Morningstar (MORN), Evercore (EVR), MAN Grp PLC/ADR (MNGPY), Moelis & Co (MC), Noah (NOAH), Houlihan Lokey (HLI), Legg Mason (LM) and AllianceBernstein (AB).
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?
Press coverage about FNGN stock has been trending somewhat positive recently, according to Accern. Accern identifies negative and positive news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Financial Engines earned a news sentiment score of 0.20 on Accern's scale. They also gave media headlines about the asset manager an impact score of 45.05 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.
Who are Financial Engines' major shareholders?
Financial Engines' stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (12.42%), Bamco Inc. NY (7.07%), Champlain Investment Partners LLC (4.28%), Villere ST Denis J & Co. LLC (4.03%), Van Berkom & Associates Inc. (3.45%) and Dimensional Fund Advisors LP (1.96%). 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 institutional investors are selling Financial Engines stock?
FNGN stock was sold by a variety of institutional investors in the last quarter, including Baillie Gifford & Co., Russell Investments Group Ltd., Cortina Asset Management LLC, Tiverton Asset Management LLC, Mogy Joel R Investment Counsel Inc., Needham Investment Management LLC, New York State Common Retirement Fund and Van Berkom & Associates Inc.. 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 institutional investors are buying Financial Engines stock?
FNGN stock was acquired by a variety of institutional investors in the last quarter, including Chicago Capital LLC, Millennium Management LLC, Villere ST Denis J & Co. LLC, Champlain Investment Partners LLC, Dimensional Fund Advisors LP, Blair William & Co. IL, Carillon Tower Advisers Inc. and California Public Employees Retirement System. Company insiders that have bought Financial Engines stock in the last two years include Blake R Grossman, Christopher L Jones 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 (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.