NASDAQ:HNNAHennessy Advisors Stock Price, Forecast & News

Hennessy Advisors' stock was trading at $9.01 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, HNNA shares have decreased by 11.2% and is now trading at $8.00. View which stocks have been most impacted by Coronavirus.

Hennessy Advisors is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Hennessy Advisors.

Hennessy Advisors Inc (NASDAQ:HNNA) issued its earnings results on Thursday, May, 14th. The asset manager reported $0.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.33 by $0.06. The asset manager had revenue of $8.88 million for the quarter. Hennessy Advisors had a return on equity of 12.73% and a net margin of 24.31%. View Hennessy Advisors' earnings history.

Hennessy Advisors declared a quarterly dividend on Thursday, May 14th. Shareholders of record on Tuesday, May 26th will be paid a dividend of $0.1375 per share on Tuesday, June 9th. This represents a $0.55 dividend on an annualized basis and a dividend yield of 6.88%. The ex-dividend date of this dividend is Friday, May 22nd. View Hennessy Advisors' dividend history.

Shares of Hennessy Advisors split on Monday, March 6th 2017. The 3-2 split was announced on Thursday, January 26th 2017. The newly minted shares were distributed to shareholders after the closing bell on Friday, March 3rd 2017. An investor that had 100 shares of Hennessy Advisors stock prior to the split would have 150 shares after the split.

Press coverage about HNNA stock has trended negative this week, InfoTrie reports. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Hennessy Advisors earned a news sentiment score of -2.8 on InfoTrie's scale. They also gave news headlines about the asset manager a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news about Hennessy Advisors.

Hennessy Advisors saw a decrease in short interest in the month of June. As of June 15th, there was short interest totaling 107,000 shares, a decrease of 5.1% from the May 31st total of 112,700 shares. Based on an average daily volume of 14,700 shares, the days-to-cover ratio is currently 7.3 days. Approximately 2.6% of the shares of the company are short sold. View Hennessy Advisors' Current Options Chain.

Some companies that are related to Hennessy Advisors include Fidus Investment (FDUS), Silvercrest Asset Management Group (SAMG), Saratoga Investment (SAR), Monroe Capital (MRCC), Westwood Holdings Group (WHG), StoneCastle Financial (BANX), Puhui Wealth Investment Managemnt (PHCF), Manning and Napier (MN), Great Elm Capital (GECC), U.S. Global Investors (GROW), Fifth Street Asset Management (FSAM), Wright Investors Service (WISH), BKF Capital Group (BKFG), Medley Management (MDLY) and Glassbridge Enterprises (GLAE). View all competitors.

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 LP Unit (ET), Invesco (IVZ), Domtar (UFS), AbbVie (ABBV), Huntington Bancshares (HBAN), Kohl's (KSS), Metlife (MET) and Marathon Petroleum (MPC).

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

Shares of HNNA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of HNNA stock can currently be purchased for approximately $8.00.

Hennessy Advisors has a market capitalization of $58.08 million and generates $42.72 million in revenue each year. Hennessy Advisors employs 20 workers across the globe.

The official website for Hennessy Advisors is www.hennessyadvisors.com.

Hennessy Advisors' mailing address is 7250 REDWOOD BLVD. SUITE 200, NOVATO CA, 94945. The asset manager can be reached via phone at 415-899-1555 or via email at [email protected]