NASDAQ:HNNA

Hennessy Advisors (HNNA) Stock Forecast, Price & News

$7.05

+0.04 (+0.57%)

(As of 05/26/2023 ET)

Compare

Today's Range: $6.85
▼
$7.05
50-Day Range: $6.77
▼
$7.94
52-Week Range: $6.75
▼
$10.95

Volume: 16,659 shs
Average Volume: 16,216 shs
Market Capitalization: $53.44 million

P/E Ratio: 10.68
Dividend Yield: 7.80%
Price Target: N/A

Hennessy Advisors MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Bearish
2.65% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.68
Based on 9 Articles This Week
Insider Trading: Acquiring Shares
$113,546 Bought 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.

1.97 out of 5 stars

Finance Sector

712th out of 911 stocks

Investment Advice Industry

40th out of 51 stocks

N/A

Analyst's Opinion

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

1.0

Short Interest

Percentage of Shares Shorted
2.65% 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 14.1, which indicates bearish sentiment.
Change versus previous month

1.7

Dividend Strength

Dividend Leadership
Hennessy Advisors is a leading dividend payer. It pays a dividend yield of 7.80%, 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 83.33%. 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.

2.0

News and Social Media Coverage

News Sentiment
Hennessy Advisors has a news sentiment score of 0.68. 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 news sentiment score is similar to the average news sentiment of Finance companies.
News Coverage This Week
MarketBeat has tracked 9 news articles for Hennessy Advisors this week, compared to 0 articles on an average week.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Hennessy Advisors insiders have bought 1,334.57% more of their company's stock than they have sold. Specifically, they have bought $113,546.00 in company stock and sold $7,915.00 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 13.92% 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 10.68, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.45.
Price to Earnings Ratio vs. Sector
The P/E ratio of Hennessy Advisors is 10.68, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 153.83.
Price to Book Value per Share Ratio
Hennessy Advisors has a P/B Ratio of 0.61. 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. investment management firm, which engages in managing, servicing and marketing open-end mutual funds branded as the Hennessy Funds. It manages domestic equity, multi-asset, or sector and specialty products. The company was founded by Neil Joseph Hennessy on February 1, 1989 and is headquartered in Novato, CA.

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HNNA Stock News Headlines

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 28, 2023 | Behind the Markets (Ad)

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May 26, 2023 | americanbankingnews.com

Neil J. Hennessy Acquires 4,500 Shares of Hennessy Advisors, Inc. (NASDAQ:HNNA) Stock

May 24, 2023 | americanbankingnews.com

Insider Buying: Hennessy Advisors, Inc. (NASDAQ:HNNA) CEO Purchases $36,140.00 in Stock

May 24, 2023 | americanbankingnews.com

Hennessy Advisors, Inc. (NASDAQ:HNNA) CEO Neil J. Hennessy Purchases 6,800 Shares of Stock

May 21, 2023 | americanbankingnews.com

Hennessy Advisors (NASDAQ:HNNA) Stock Passes Below Two Hundred Day Moving Average of $8.41

May 17, 2023 | msn.com

Hennessy Advisors: Dividend Insights

May 28, 2023 | Chaikin Analytics (Ad)

Wall Street Legend Who Called AMZN Crash Issues New Sell Alert

Now, after years of big gains, he says one popular company's day in the sun is finally coming to an end. You must get off this sinking ship – NOW. 1 million people follow him for his surprisingly accurate predictions. His new sell alert could save your wealth in 2023.

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

April 23, 2023 | americanbankingnews.com

Hennessy Advisors (NASDAQ:HNNA) Share Price Crosses Below 200-Day Moving Average of $8.64

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

November 16, 2022 | finance.yahoo.com

Hennessy Advisors, Inc. (HNNA)

October 18, 2022 | seekingalpha.com

HNNA Hennessy Advisors, Inc.

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HNNA Company Calendar

Last Earnings: 5/14/2020
Ex-Dividend for 3/6 Dividend: 2/17/2023
Dividend Payable: 3/06/2023
Ex-Dividend for 6/5 Dividend: 5/22/2023
Today: 5/28/2023
Dividend Payable: 6/05/2023
Next Earnings (Estimated): 8/02/2023
Fiscal Year End: 9/30/2023

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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: 18
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $0.66
Trailing P/E Ratio: 10.68
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $6.19 million
Net Margins: 19.60%
Pretax Margin: 25.93%
Return on Equity: 5.77%
Return on Assets: 3.49%

Debt

Debt-to-Equity Ratio: 0.45
Current Ratio: 23.13
Quick Ratio: 23.13

Sales & Book Value

Annual Sales: $29.67 million
Price / Sales: 1.80
Cash Flow: $0.89 per share
Price / Cash Flow: 7.92
Book Value: $11.49 per share
Price / Book: 0.61

Miscellaneous

Outstanding Shares: 7,580,000
Free Float: 4,720,000
Market Cap: $53.44 million
Optionable: Not Optionable
Beta: 0.90

Key Executives

Neil Joseph Hennessy
Chairman & Chief Executive Officer

Teresa M. Nilsen
President, COO, Director & Secretary

Kathryn R. Fahy
Chief Financial Officer & Senior Vice President

Brian C. Carlson
Chief Compliance Officer & Senior Vice President

Daniel B. Steadman
Executive Vice President

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 on January 1st, 2023. Since then, HNNA shares have decreased by 16.1% and is now trading at $7.05.
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, August 2nd 2023.
View our HNNA earnings forecast.
How were Hennessy Advisors' earnings last quarter?: Hennessy Advisors, Inc. (NASDAQ:HNNA) announced its quarterly earnings data on Thursday, May, 14th. The asset manager reported $0.27 EPS for the quarter, missing the consensus estimate of $0.33 by $0.06. The asset manager earned $8.88 million during the quarter. Hennessy Advisors had a net margin of 19.60% and a trailing twelve-month return on equity of 5.77%.
How often does Hennessy Advisors pay dividends? What is the dividend yield for Hennessy Advisors?: Hennessy Advisors announced a quarterly dividend on Wednesday, May 10th. Stockholders of record on Tuesday, May 23rd will be paid a dividend of $0.138 per share on Monday, June 5th. This represents a $0.55 dividend on an annualized basis and a dividend yield of 7.83%. The ex-dividend date is Monday, May 22nd. This is a positive change from the stock's previous quarterly dividend of $0.14.
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 7.80%. HNNA has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 83.33%. 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 minted shares were payable to shareholders after the market closes 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 number of retail and institutional investors. Top institutional shareholders include Renaissance Technologies LLC (1.07%) and Bank of America Corp DE (0.18%). 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 $7.05.
How much money does Hennessy Advisors make?: Hennessy Advisors (NASDAQ:HNNA) has a market capitalization of $53.44 million and generates $29.67 million in revenue each year. The asset manager earns $6.19 million in net income (profit) each year or $0.66 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 5/28/2023 by MarketBeat.com Staff

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