Hennessy Advisors (HNNA) Stock Price, News & Analysis

Company Overview

Hennessy Advisors, Inc. is an investment advisory firm specializing in the management of closed-end and open-end funds, as well as separate account strategies. Serving as the investment adviser to a family of publicly traded closed-end funds and a series of mutual funds, the company focuses on generating income and total return for its shareholders by deploying a range of equity and fixed-income strategies. Hennessy Advisors is registered with the U.S. Securities and Exchange Commission and operates under the Investment Advisers Act of 1940.

The firm’s product lineup includes multiple closed-end funds that invest in U.S. and international securities, targeting sectors such as high-yield bonds, utility equities, and mortgage-backed securities. In addition to its flagship closed-end funds, Hennessy Advisors offers open-end mutual funds designed to meet varying investor risk tolerances, income requirements, and growing interest in tax-sensitive strategies. Through its separate account platform, the company also delivers customized portfolios to institutions and high-net-worth individuals seeking tailored income-oriented investment solutions.

Founded in 1993 and headquartered in Atlanta, Georgia, Hennessy Advisors has built a reputation for disciplined risk management and a focus on income-producing assets. The firm’s investment team combines fundamental research with quantitative analysis to identify undervalued securities and manage portfolio duration and credit exposure. Over the years, Hennessy Advisors has expanded its distribution channels to serve both retail and institutional investors across the United States, leveraging a centralized research platform and an experienced group of portfolio managers and analysts.

Key Stats

• Today's Range: $10.00 to $10.20
• 50-Day Range: $9.29 to $10.20
• 52-Week Range: $8.90 to $13.19
• Volume: 3,006 shs
• Average Volume: 4,194 shs
• Market Capitalization: $80.50 million
• P/E Ratio: 9.71
• Dividend Yield: 5.88%
• Price Target: N/A
• Consensus Rating: Hold

Hennessy Advisors Stock Analysis - MarketRank™

Hennessy Advisors scored higher than 42% of companies evaluated by MarketBeat, and ranked 716th out of 878 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: 1.2 / 5
• Analyst Rating: Hold

Consensus Rating

Hennessy Advisors has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no strong buy ratings, no buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Hennessy Advisors has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Hennessy Advisors is 9.71, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 38.38.

Price to Earnings Ratio vs. Sector

The P/E ratio of Hennessy Advisors is 9.71, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 23.21.

Price to Book Value per Share Ratio

Hennessy Advisors has a P/B Ratio of 0.81. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.08% of the float of Hennessy Advisors has been sold short.

Short Interest Ratio / Days to Cover

Hennessy Advisors has a short interest ratio ("days to cover") of 0.21, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Hennessy Advisors has recently decreased by 0.93%, indicating that investor sentiment is improving.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Hennessy Advisors is a leading dividend payer. It pays a dividend yield of 6.02%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Hennessy Advisors does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Hennessy Advisors is 57.14%. This payout ratio is at a healthy, sustainable level, below 75%.

News and Social Media

• Score: 1.9 / 5
• News Sentiment: 0.05

News Sentiment

Hennessy Advisors has a news sentiment score of 0.05. 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 lower news sentiment than the 0.69 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 7 news articles for Hennessy Advisors this week, compared to 1 article on an average week.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Hennessy Advisors insiders have not sold or bought any company stock.

Percentage Held by Insiders

36.00% of the stock of Hennessy Advisors is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

10.31% of the stock of Hennessy Advisors is held by institutions.

HNNA Stock Analysis - Frequently Asked Questions

How have HNNA shares performed this year?

Hennessy Advisors' stock was trading at $9.60 at the start of the year. Since then, HNNA shares have increased by 6.3% and is now trading at $10.20.

How were Hennessy Advisors' earnings last quarter?

Hennessy Advisors, Inc. (NASDAQ:HNNA) issued its quarterly earnings data on Wednesday, May, 6th. The asset manager reported $0.24 EPS for the quarter, missing the consensus estimate of $0.33 by $0.09. The asset manager earned $8.13 million during the quarter, compared to analysts' expectations of $9.61 million. Hennessy Advisors had a trailing twelve-month return on equity of 8.58% and a net margin of 25.40%.

When did Hennessy Advisors' stock split?

Hennessy Advisors's stock split before market open on Monday, March 6th 2017.The 3-2 split was announced on Thursday, January 26th 2017. The newly issued shares were issued to shareholders after the market closes on Friday, March 3rd 2017. An investor that had 100 shares of stock prior to the split would have 150 shares after the split.

Who are Hennessy Advisors' major shareholders?

Top institutional investors of Hennessy Advisors include Dimensional Fund Advisors LP (0.67%). Insiders that own company stock include Neil J Hennessy, Rodger Offenbach, Kathryn Fahy, Susan Weber Pomilia, Thomas L Seavey, Daniel B Steadman, Brian A Hennessy and Kiera Newton.
View institutional ownership trends.

How do I buy shares of Hennessy Advisors?

Shares of HNNA 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.

What other stocks do shareholders of Hennessy Advisors own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Hennessy Advisors investors own include Intel (INTC), Verizon Communications (VZ), Enterprise Products Partners (EPD), Mplx (MPLX), Walgreens Boots Alliance (WBA), British American Tobacco (BTI) and Invesco (IVZ).

Company Calendar

• Record date for 3/4 Dividend: 2/18/2026
• Ex-Dividend for 3/4 Dividend: 2/18/2026
• Dividend Payable: 3/04/2026
• Last Earnings: 5/06/2026
• Today: 5/08/2026
• Next Earnings (Estimated): 5/13/2026
• Record date for 6/4 Dividend: 5/21/2026
• Ex-Dividend for 6/4 Dividend: 5/21/2026
• Dividend Payable: 6/04/2026
• Fiscal Year End: 9/30/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: FIN - INVEST MGMT
• Sub-Industry: Trading
• Current Symbol: NASDAQ:HNNA
• CIK: 1145255
• Web: www.hennessyadvisors.com
• Phone: (800) 966-4354
• Fax: 415-899-1559
• Employees: 20
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): $1.14
• Trailing P/E Ratio: 9.71
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $9.96 million
• Net Margins: 25.40%
• Pretax Margin: 36.11%
• Return on Equity: 8.58%
• Return on Assets: 5.26%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.75
• Quick Ratio: 1.75

Sales & Book Value

• Annual Sales: $35.54 million
• Price / Sales: 2.26
• Cash Flow: $1.40 per share
• Price / Cash Flow: 7.29
• Book Value: $12.55 per share
• Price / Book: 0.81

Miscellaneous

• Outstanding Shares: 7,890,000
• Free Float: 5,051,000
• Market Cap: $80.48 million
• Optionable: Not Optionable
• Beta: 0.59