Hennessy Advisors - HNNA Stock Forecast, Price & News

Hennessy Advisors' stock was trading at $8.40 on January 1st, 2023. Since then, HNNA stock has decreased by 7.3% and is now trading at $7.79.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 10th 2023.
View our HNNA earnings forecast.

Hennessy Advisors, Inc. (NASDAQ:HNNA) announced its earnings results on Thursday, February, 9th. The asset manager reported $0.15 earnings per share (EPS) for the quarter. The asset manager had revenue of $6.15 million for the quarter. Hennessy Advisors had a trailing twelve-month return on equity of 6.27% and a net margin of 19.78%.

Hennessy Advisors announced a quarterly dividend on Thursday, February 9th. Shareholders of record on Tuesday, February 21st will be paid a dividend of $0.1375 per share on Monday, March 6th. This represents a $0.55 dividend on an annualized basis and a yield of 7.06%. The ex-dividend date of this dividend is Friday, February 17th.
Read our dividend analysis for HNNA.

Hennessy Advisors (NASDAQ:HNNA) pays an annual dividend of $0.55 per share and currently has a dividend yield of 7.01%. HNNA has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 76.39%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for HNNA.

Hennessy Advisors shares split on the morning of 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.

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).

Hennessy Advisors trades on the NASDAQ under the ticker symbol "HNNA."

Hennessy Advisors' stock is owned by a variety of institutional and retail investors. Top institutional investors include Renaissance Technologies LLC (1.09%), Burleson & Company LLC (0.23%) and Advisor Group Holdings Inc. (0.06%). Insiders that own company stock include Brian A Hennessy, Daniel B Steadman, Rodger Offenbach and Susan Weber Pomilia.
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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.
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One share of HNNA stock can currently be purchased for approximately $7.79.

Hennessy Advisors (NASDAQ:HNNA) has a market capitalization of $59.00 million and generates $27.28 million in revenue each year. The asset manager earns $6.19 million in net income (profit) each year or $0.72 on an earnings per share basis.

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.