NASDAQ:HNNA

Hennessy Advisors (HNNA) Stock Forecast, Price & News

$6.71

-0.12 (-1.76%)

(As of 09/22/2023 ET)

Compare

Today's Range: $6.71
▼
$6.96
50-Day Range: $6.71
▼
$7.23
52-Week Range: $6.66
▼
$10.15

Volume: 5,490 shs
Average Volume: 9,689 shs
Market Capitalization: $50.86 million

P/E Ratio: 10.48
Dividend Yield: 8.20%
Price Target: N/A

Hennessy Advisors MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
2.66% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Selling Shares
$67,200 Sold Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.82 out of 5 stars

Finance Sector

700th out of 845 stocks

Investment Advice Industry

45th out of 49 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Hennessy Advisors.

3.0

Short Interest

Percentage of Shares Shorted
2.66% 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 9.8.
Change versus previous month
Short interest in Hennessy Advisors has recently decreased by 0.78%, indicating that investor sentiment is improving.

1.7

Dividend Strength

Dividend Leadership
Hennessy Advisors is a leading dividend payer. It pays a dividend yield of 8.20%, 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 85.94%. Payout ratios above 75% are not desirable because they may not be sustainable.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for HNNA.

0.0

News and Social Media Coverage

News Coverage This Week
MarketBeat has tracked 1 news article for Hennessy Advisors this week, compared to 0 articles on an average week.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Hennessy Advisors insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $67,200.00 in company stock.
Percentage Held by Insiders
37.70% 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
Only 8.64% of the stock of Hennessy Advisors is held by institutions.

1.9

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Hennessy Advisors is 10.48, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 110.59.
Price to Earnings Ratio vs. Sector
The P/E ratio of Hennessy Advisors is 10.48, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 66.21.
Price to Book Value per Share Ratio
Hennessy Advisors has a P/B Ratio of 0.58. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Hennessy Advisors (NASDAQ:HNNA) Stock

Hennessy Advisors, Inc. is an employee owned investment manager. It provides its services to Hennessy Funds and investment companies. The firm launches and manages equity, fixed income, and balanced mutual funds. It invests in the public equity and fixed income markets across the globe. The firm primarily invests in growth stocks of companies. It conducts in-house research to make its investments. Hennessy Advisors, Inc. was founded in 1989 and is based in Novato, California with additional offices in Boston, Massachusetts and Chapel Hill, North Carolina.

HNNA Price History

30 days | 90 days | 365 days | Advanced Chart

HNNA Stock News Headlines

September 23, 2023 | americanbankingnews.com

Hennessy Advisors (NASDAQ:HNNA) Stock Passes Below Two Hundred Day Moving Average of $7.25

September 15, 2023 | americanbankingnews.com

Hennessy Advisors (NASDAQ:HNNA) Share Price Passes Below Two Hundred Day Moving Average of $7.32

September 24, 2023 | Legacy Research (Ad)

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August 17, 2023 | finance.yahoo.com

Don't Buy Hennessy Advisors, Inc. (NASDAQ:HNNA) For Its Next Dividend Without Doing These Checks

August 6, 2023 | finance.yahoo.com

Hennessy Advisors (NASDAQ:HNNA) Is Due To Pay A Dividend Of $0.1375

August 2, 2023 | msn.com

Hennessy Advisors: Getting A Bigger Share Of A Shrinking Market

June 17, 2023 | ca.finance.yahoo.com

HNNA - Hennessy Advisors, Inc.

June 7, 2023 | finance.yahoo.com

Hennessy Funds Appoints a New Independent Trustee

September 24, 2023 | Chaikin Analytics (Ad)

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May 27, 2023 | finance.yahoo.com

Neil Hennessy Spends US$83k On Hennessy Advisors Stock

May 27, 2023 | finance.yahoo.com

Neil Hennessy Spends US$83k On Hennessy Advisors Stock \

May 17, 2023 | msn.com

Hennessy Advisors: Dividend Insights

May 17, 2023 | finance.yahoo.com

Don't Race Out To Buy Hennessy Advisors, Inc. (NASDAQ:HNNA) Just Because It's Going Ex-Dividend

May 14, 2023 | finance.yahoo.com

Hennessy Advisors (NASDAQ:HNNA) Is Paying Out A Dividend Of $0.1375

May 12, 2023 | msn.com

Hennessy Advisors (HNNA) Declares $0.14 Dividend

May 10, 2023 | finance.yahoo.com

Hennessy Advisors, Inc. Reports Earnings and Announces Dividend

April 26, 2023 | finance.yahoo.com

Hennessy Advisors, Inc. to Acquire the Assets of the Community Capital Management, LLC's Equity Funds

March 26, 2023 | finance.yahoo.com

Hennessy Advisors (NASDAQ:HNNA) investors are sitting on a loss of 49% if they invested five years ago

March 1, 2023 | insidermonkey.com

5 Best Affordable Dividend Stocks to Buy

February 19, 2023 | seekingalpha.com

Hennessy Advisors Trades At Low Multiples Because Its Business Is Declining

February 13, 2023 | finance.yahoo.com

Hennessy Advisors (NASDAQ:HNNA) Has Announced A Dividend Of $0.1375

February 9, 2023 | finance.yahoo.com

Hennessy Advisors, Inc. Reports Quarterly Earnings Per Share and Announces Quarterly Dividend

January 27, 2023 | forbes.com

Hennessy Advisors

December 22, 2022 | finance.yahoo.com

Hennessy Advisors, Inc. Partners with Stance Capital, Completing its 11th Asset Purchase

December 9, 2022 | finance.yahoo.com

Hennessy Advisors Full Year 2022 Earnings: EPS: US$0.83 (vs US$1.07 in FY 2021)

December 8, 2022 | finance.yahoo.com

Hennessy Advisors, Inc. Announces Changes to the Board of Directors

December 6, 2022 | forbes.com

Hennessy: Focus On Value, Financials, Utilities And Energy

See More Headlines

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HNNA Company Calendar

Last Earnings: 8/02/2023
Ex-Dividend for 9/6 Dividend: 8/22/2023
Dividend Payable: 9/06/2023
Today: 9/24/2023
Fiscal Year End: 9/30/2023
Next Earnings (Estimated): 12/06/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Investment advice
Sub-Industry: N/A
Sector: Finance
Current Symbol: NASDAQ:HNNA
CUSIP: N/A
CIK: 1145255
Web: www.hennessyadvisors.com
Phone: (800) 966-4354
Fax: 415-899-1559
Employees: 17
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $0.64
Trailing P/E Ratio: 10.48
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $6.19 million
Net Margins: 19.81%
Pretax Margin: 26.16%
Return on Equity: 5.53%
Return on Assets: 3.35%

Debt

Debt-to-Equity Ratio: 0.45
Current Ratio: 17.86
Quick Ratio: 17.86

Sales & Book Value

Annual Sales: $29.67 million
Price / Sales: 1.71
Cash Flow: $0.89 per share
Price / Cash Flow: 7.54
Book Value: $11.53 per share
Price / Book: 0.58

Miscellaneous

Outstanding Shares: 7,580,000
Free Float: 4,722,000
Market Cap: $50.86 million
Optionable: Not Optionable
Beta: 0.91

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Key Executives

Mr. Neil Joseph Hennessy (Age 67)
Chairman & CEO
Comp: $1.23M

Ms. Teresa Mariani Nilsen (Age 57)
Pres, COO, Corp. Sec. & Director
Comp: $777.49k

Ms. Kathryn Rose Fahy CPA (Age 42)
CFO & Sr. VP
Comp: $438.55k

Mr. Daniel Bruce Steadman (Age 67)
Exec. VP & Director
Comp: $368.83k

Ms. Jennifer Lynn Cheskiewicz (Age 45)
Gen. Counsel

Ms. Tania A. Kelley (Age 57)
VP of Marketing

Mr. Alan J. Hennessy
VP of Corp. Devel. & Operations

Lesha Harding
Assistant Controller

Ms. Jill Carley
Marketing Associate

Mr. Daniel P. Hennessy
Portfolio Mang.

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

HNNA Stock - Frequently Asked Questions

How have HNNA shares performed in 2023?: Hennessy Advisors' stock was trading at $8.40 at the start of the year. Since then, HNNA stock has decreased by 20.1% and is now trading at $6.71.
View the best growth stocks for 2023 here.
When is Hennessy Advisors' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, December 6th 2023.
View our HNNA earnings forecast.
How were Hennessy Advisors' earnings last quarter?: Hennessy Advisors, Inc. (NASDAQ:HNNA) announced its quarterly earnings results on Wednesday, August, 2nd. The asset manager reported $0.15 earnings per share for the quarter. The asset manager earned $5.70 million during the quarter. Hennessy Advisors had a trailing twelve-month return on equity of 5.53% and a net margin of 19.81%.
How often does Hennessy Advisors pay dividends? What is the dividend yield for Hennessy Advisors?: Hennessy Advisors announced a quarterly dividend on Wednesday, August 2nd. Investors of record on Wednesday, August 23rd will be paid a dividend of $0.1375 per share on Wednesday, September 6th. This represents a $0.55 dividend on an annualized basis and a dividend yield of 8.20%. The ex-dividend date is Tuesday, August 22nd.
Read our dividend analysis for HNNA.
Is Hennessy Advisors a good dividend stock?: Hennessy Advisors (NASDAQ:HNNA) pays an annual dividend of $0.55 per share and currently has a dividend yield of 8.20%. HNNA has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 85.94%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for HNNA.
When did Hennessy Advisors' stock split?: Shares of Hennessy Advisors split on Monday, March 6th 2017. The 3-2 split was announced on Thursday, January 26th 2017. The newly created shares were distributed to shareholders after the closing bell on Friday, March 3rd 2017. An investor that had 100 shares of stock prior to the split would have 150 shares after the split.

What other stocks do shareholders of Hennessy Advisors own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Hennessy Advisors investors own include Eastman Chemical (EMN), Enterprise Products Partners (EPD), Energy Transfer (ET), Invesco (IVZ), Domtar (UFS), AbbVie (ABBV), Huntington Bancshares (HBAN), Kohl's (KSS), MetLife (MET) and Altria Group (MO).
What is Hennessy Advisors' stock symbol?: Hennessy Advisors trades on the NASDAQ under the ticker symbol "HNNA."
Who are Hennessy Advisors' major shareholders?: Hennessy Advisors' stock is owned by a variety of retail and institutional investors. Top institutional investors include Renaissance Technologies LLC (1.13%), Aegis Financial Corp (0.88%), Perigon Wealth Management LLC (0.23%), BlackRock Inc. (0.18%), Osaic Holdings Inc. (0.16%) and Osaic Holdings Inc. (0.16%). Insiders that own company stock include Brian A Hennessy, Daniel B Steadman, Neil J Hennessy, Rodger Offenbach and Susan Weber Pomilia.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Hennessy Advisors' stock price today?: One share of HNNA stock can currently be purchased for approximately $6.71.
How much money does Hennessy Advisors make?: Hennessy Advisors (NASDAQ:HNNA) has a market capitalization of $50.86 million and generates $29.67 million in revenue each year. The asset manager earns $6.19 million in net income (profit) each year or $0.64 on an earnings per share basis.
How can I contact Hennessy Advisors?: Hennessy Advisors' mailing address is 7250 REDWOOD BLVD. SUITE 200, NOVATO CA, 94945. The official website for the company is www.hennessyadvisors.com. The asset manager can be reached via phone at (800) 966-4354, via email at steady@hennessyadvisors.com, or via fax at 415-899-1559.

This page (NASDAQ:HNNA) was last updated on 9/24/2023 by MarketBeat.com Staff

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