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: $9.76 to $9.76
• 50-Day Range: $9.80 to $12.45
• 52-Week Range: $8.43 to $13.88
• Volume: 307 shs
• Average Volume: 11,425 shs
• Market Capitalization: $78.83 million
• P/E Ratio: 8.10
• Dividend Yield: 5.43%
• Price Target: N/A
• Consensus Rating: Hold

Hennessy Advisors Stock Analysis - MarketRank™

Hennessy Advisors scored higher than 59% of companies evaluated by MarketBeat, and ranked 702nd out of 945 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: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Hennessy Advisors.

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 8.03, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 231.69.

Price to Earnings Ratio vs. Sector

The P/E ratio of Hennessy Advisors is 8.03, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 32.60.

Price to Book Value per Share Ratio

Hennessy Advisors has a P/B Ratio of 0.84. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.28% 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 9.6.

Change versus previous month

Short interest in Hennessy Advisors has recently decreased by 1.53%, 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 5.50%, 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 44.00%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.28% 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 9.6.

Change versus previous month

Short interest in Hennessy Advisors has recently decreased by 1.53%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: N/A

News Sentiment

Hennessy Advisors has a news sentiment score of 0.83. 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 higher news sentiment than the 0.70 average news sentiment score of Finance companies.

Search Interest

1 people have searched for HNNA on MarketBeat in the last 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

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 $219,216.00 in company stock.

Percentage Held by Insiders

37.40% 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 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 $12.75 on January 1st, 2025. Since then, HNNA shares have decreased by 21.3% and is now trading at $10.0350.

How were Hennessy Advisors' earnings last quarter?

Hennessy Advisors, Inc. (NASDAQ:HNNA) posted its earnings results on Wednesday, August, 6th. The asset manager reported $0.26 EPS for the quarter. Hennessy Advisors had a trailing twelve-month return on equity of 10.48% and a net margin of 27.55%.

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 issued 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.

Who are Hennessy Advisors' major shareholders?

Top institutional shareholders of Hennessy Advisors include Redhawk Wealth Advisors Inc. (0.97%). 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

• Last Earnings: 8/06/2025
• Record date for 9/4 Dividend: 8/20/2025
• Ex-Dividend for 9/4 Dividend: 8/20/2025
• Dividend Payable: 9/04/2025
• Today: 10/16/2025
• Next Earnings (Estimated): 12/10/2025
• 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): $1.25
• Trailing P/E Ratio: 8.03
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $7.10 million
• Net Margins: 27.55%
• Pretax Margin: 38.07%
• Return on Equity: 10.48%
• Return on Assets: 6.38%

Debt

• Debt-to-Equity Ratio: 0.41
• Current Ratio: 15.58
• Quick Ratio: 15.58

Sales & Book Value

• Annual Sales: $29.65 million
• Price / Sales: 2.64
• Cash Flow: $1.00 per share
• Price / Cash Flow: 10.03
• Book Value: $11.89 per share
• Price / Book: 0.84

Miscellaneous

• Outstanding Shares: 7,790,000
• Free Float: 4,875,000
• Market Cap: $78.17 million
• Optionable: Not Optionable
• Beta: 0.71