Hennessy Advisors - HNNA Stock Forecast, Price & News

Hennessy Advisors' stock was trading at $10.67 on January 1st, 2022. Since then, HNNA shares have decreased by 5.9% and is now trading at $10.04.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 23rd 2022.
View our HNNA earnings forecast.

Hennessy Advisors, Inc. (NASDAQ:HNNA) posted its quarterly earnings results on Thursday, May, 14th. The asset manager reported $0.27 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.33 by $0.06. The asset manager had revenue of $8.88 million for the quarter. Hennessy Advisors had a trailing twelve-month return on equity of 8.04% and a net margin of 21.50%.

Hennessy Advisors announced a quarterly dividend on Wednesday, August 3rd. Shareholders of record on Tuesday, August 16th will be paid a dividend of $0.138 per share on Wednesday, August 31st. This represents a $0.55 dividend on an annualized basis and a dividend yield of 5.50%. The ex-dividend date is Monday, August 15th.
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 5.31%. HNNA has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 61.80%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for HNNA.

Shares of Hennessy Advisors 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 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 many different retail and institutional investors. Top institutional shareholders include Renaissance Technologies LLC (1.41%), OneAscent Financial Services LLC (0.17%) and Burleson & Company LLC (0.13%). Insiders that own company stock include Brian A Hennessy, Daniel B Steadman, Neil J Hennessy, Rodger Offenbach and Teresa M Nilsen.
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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 $10.04.

Hennessy Advisors (NASDAQ:HNNA) has a market capitalization of $75.10 million and generates $32.76 million in revenue each year. The asset manager earns $7.90 million in net income (profit) each year or $0.89 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.