NASDAQ:RILY

B. Riley Financial (RILY) Stock Forecast, Price & News

$39.99

-2.83 (-6.61%)

(As of 09/22/2023 ET)

Compare

Today's Range: $39.08
▼
$43.00
50-Day Range: $39.99
▼
$59.13
52-Week Range: $24.95
▼
$60.72

Volume: 817,516 shs
Average Volume: 219,878 shs
Market Capitalization: $1.22 billion

P/E Ratio: 26.48
Dividend Yield: 10.00%
Price Target: N/A

B. Riley Financial MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Bearish
21.93% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.95
Based on 6 Articles This Week
Insider Trading: Acquiring Shares
$5.46 M 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.

1.64 out of 5 stars

Business Services Sector

267th out of 311 stocks

Investment Advice Industry

48th out of 49 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for B. Riley Financial.

0.0

Short Interest

Percentage of Shares Shorted
21.93% of the float of B. Riley Financial has been sold short.
Short Interest Ratio / Days to Cover
B. Riley Financial has a short interest ratio ("days to cover") of 11.9, which indicates bearish sentiment.
Change versus previous month
Short interest in B. Riley Financial has recently increased by 22.22%, indicating that investor sentiment is decreasing significantly.

1.7

Dividend Strength

Dividend Leadership
B. Riley Financial is a leading dividend payer. It pays a dividend yield of 10.00%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
B. Riley Financial does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of B. Riley Financial is 264.90%. 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 RILY.

2.8

News and Social Media Coverage

News Sentiment
B. Riley Financial has a news sentiment score of 0.95. 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 0.55 average news sentiment score of Business Services companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for B. Riley Financial this week, compared to 2 articles on an average week.
Search Interest
Only 9 people have searched for RILY on MarketBeat in the last 30 days. This is a decrease of -31% compared to the previous 30 days.
MarketBeat Follows
Only 4 people have added B. Riley Financial to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

4.2

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, B. Riley Financial insiders have bought more of their company's stock than they have sold. Specifically, they have bought $5,457,735.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
33.90% of the stock of B. Riley Financial is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
41.47% of the stock of B. Riley Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of B. Riley Financial is 26.48, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 109.72.
Price to Earnings Ratio vs. Sector
The P/E ratio of B. Riley Financial is 26.48, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 17.83.
Price to Book Value per Share Ratio
B. Riley Financial has a P/B Ratio of 2.26. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About B. Riley Financial (NASDAQ:RILY) Stock

B. Riley Financial, Inc., through its subsidiaries, provides financial services to corporate, institutional, and high net worth clients in North America, Australia, and Europe. The company operates through six segments: Capital Markets, Wealth Management, Financial Consulting, Auction and Liquidation, Communications, and Consumer. The Capital Markets segments offers investment banking, equity research, institutional sales and trading, securities lending, fund and asset management, direct lending, venture capital, proprietary trading, and investment services; merger and acquisition, restructuring advisory, and recapitalization services; public and private equity offerings; and debt financing solutions. This segment also trades in equity securities. The Wealth Management segment provides wealth management and tax services. The Financial Consulting segment offers bankruptcy restructuring and turnaround management, forensic accounting and litigation support, valuation and appraisal, and real estate services. The Auction and Liquidation Segment provides auction and liquidation services. The Communications segment offers dial-up, mobile broadband and digital subscriber line services under the NetZero and Juno brands; cloud communication services; VoIP cloud-based technology and communication devices and subscription services through magicJack; and mobile phone voice, text, and data services and devices through Marconi Wireless. The Consumer segment provides licensing of trademarks; and sells laptop and computer accessories. The company was formerly known as Great American Group, Inc. and changed its name to B. Riley Financial, Inc. in November 2014. B. Riley Financial, Inc. was founded in 1973 and is headquartered in Los Angeles, California.

RILY Price History

30 days | 90 days | 365 days | Advanced Chart

RILY Stock News Headlines

September 24, 2023 | americanbankingnews.com

B. Riley Financial (NASDAQ:RILY) Shares Down 7.4%

September 24, 2023 | americanbankingnews.com

Critical Analysis: B. Riley Financial (NASDAQ:RILY) and BrightSphere Investment Group (NYSE:BSIG)

September 24, 2023 | Chaikin Analytics (Ad)

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September 23, 2023 | americanbankingnews.com

B. Riley Financial Target of Unusually Large Options Trading (NASDAQ:RILY)

September 21, 2023 | finance.yahoo.com

With 44% ownership, insiders at B. Riley Financial, Inc. (NASDAQ:RILY) are pretty optimistic and have been buying recently

September 11, 2023 | markets.businessinsider.com

B.Riley Financial Sticks to Its Buy Rating for Denali Therapeutics (DNLI)

September 8, 2023 | markets.businessinsider.com

B.Riley Financial Remains a Buy on Longboard Pharmaceuticals (LBPH)

August 30, 2023 | markets.businessinsider.com

B.Riley Financial Remains a Buy on Academy Sports and Outdoors (ASO)

September 24, 2023 | Behind the Markets (Ad)

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August 16, 2023 | finance.yahoo.com

Q2 2023 180 Degree Capital Corp Earnings Call

August 11, 2023 | finance.yahoo.com

B. Riley Financial Second Quarter 2023 Earnings: EPS: US$1.57 (vs US$5.07 loss in 2Q 2022)

August 11, 2023 | finance.yahoo.com

B. Riley Financial, Inc. (NASDAQ:RILY) Q2 2023 Earnings Call Transcript

August 10, 2023 | finance.yahoo.com

Q2 2023 B Riley Financial Inc Earnings Call

August 9, 2023 | seekingalpha.com

B. Riley Financial, Inc. 2023 Q2 - Results - Earnings Call Presentation

August 2, 2023 | finance.yahoo.com

B. Riley Financial Affiliate Retained to Lead Store Rationalization for SALAMANDER

August 1, 2023 | seekingalpha.com

B. Riley Financial's Equity Raise: Peak Leverage Or Unsustainable Dividend

July 28, 2023 | finance.yahoo.com

B. Riley Financial Closes $115 Million Common Stock Offering Including Full Exercise of Underwriter Option

July 28, 2023 | finance.yahoo.com

Co-CEO Kelleher Thomas J /ADV Buys 9,090 Shares of B. Riley Financial Inc

July 27, 2023 | finance.yahoo.com

Should You Hold B. Riley Financial (RILY)?

July 25, 2023 | finance.yahoo.com

B. Riley Financial Announces Proposed Public Offering of Common Stock

July 25, 2023 | finance.yahoo.com

B. Riley Financial Announces Preliminary Second Quarter 2023 Results and Guidance for Third Quarter 2023; Declares $1.00 Dividend

July 17, 2023 | msn.com

Unleashing Growth Potential: Raymond James Finl Surpasses Expectations with Strong Performance and Increasing Profits

July 11, 2023 | seekingalpha.com

B. Riley acquires Crawford & Winiarski

July 10, 2023 | finance.yahoo.com

B. Riley to Host Consumer Conference on September 14, 2023 in New York

June 23, 2023 | seekingalpha.com

RILYM B. Riley Financial, Inc. 6.375% RILYM 25

June 20, 2023 | msn.com

B. Riley Baby Bonds: High Yields With Strong Insider Buying

June 16, 2023 | markets.businessinsider.com

3 Under-the-Radar Stocks Insiders Are Loading Up On Before They Skyrocket

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RILY Company Calendar

Last Earnings: 8/09/2023
Ex-Dividend for 8/21 Dividend: 8/10/2023
Dividend Payable: 8/21/2023
Today: 9/24/2023
Next Earnings (Estimated): 11/02/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Investment advice
Sub-Industry: N/A
Sector: Business Services
Current Symbol: NASDAQ:RILY
CUSIP: N/A
CIK: 1464790
Web: www.brileyfin.com
Phone: (310) 966-1444
Fax: 310-966-1448
Employees: 2,210
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $1.51
Trailing P/E Ratio: 26.48
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-159,830,000.00
Net Margins: 3.58%
Pretax Margin: 4.74%
Return on Equity: 15.96%
Return on Assets: 1.28%

Debt

Debt-to-Equity Ratio: 11.09
Current Ratio: 4.06
Quick Ratio: 4.06

Sales & Book Value

Annual Sales: $915.47 million
Price / Sales: 1.34
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $17.70 per share
Price / Book: 2.26

Miscellaneous

Outstanding Shares: 30,570,000
Free Float: 20,208,000
Market Cap: $1.22 billion
Optionable: Optionable
Beta: 1.88

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Key Executives

Mr. Bryant Richard Riley (Age 56)
Co-Founder, Chairman & Co-CEO
Comp: $1.25M

Mr. Thomas J. Kelleher (Age 56)
Co-Founder, Co-CEO & Director
Comp: $4.05M

Mr. Kenneth M. Young (Age 59)
Pres
Comp: $2.47M

Mr. Phillip Ahn CFA (Age 53)
CFO & COO
Comp: $1.39M

Mr. Alan Neil Forman J.D. (Age 62)
Exec. VP, Gen. Counsel & Sec.
Comp: $1.28M

Mr. Andrew Thomas Moore (Age 46)
Chief Exec. Officer of B. Riley Securities, Inc.,
Comp: $1.94M

Mr. Daniel Shribman (Age 39)
Chief Investment Officer

Mr. Howard E. Weitzman (Age 61)
Chief Accounting Officer & Sr. VP

Mr. Perry M. Mandarino
Head of Corp. Fin. & Sr. MD

Mr. Timothy Wood
Chief Information Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

RILY Stock - Frequently Asked Questions

How have RILY shares performed in 2023?: B. Riley Financial's stock was trading at $34.20 on January 1st, 2023. Since then, RILY stock has increased by 16.9% and is now trading at $39.99.
View the best growth stocks for 2023 here.
Are investors shorting B. Riley Financial?: B. Riley Financial saw a increase in short interest in August. As of August 31st, there was short interest totaling 3,300,000 shares, an increase of 22.2% from the August 15th total of 2,700,000 shares. Based on an average daily volume of 276,600 shares, the short-interest ratio is presently 11.9 days. Approximately 21.9% of the company's stock are sold short.
View B. Riley Financial's Short Interest.
When is B. Riley Financial's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023.
View our RILY earnings forecast.
How were B. Riley Financial's earnings last quarter?: B. Riley Financial, Inc. (NASDAQ:RILY) released its quarterly earnings results on Wednesday, August, 9th. The asset manager reported $1.55 earnings per share (EPS) for the quarter. The asset manager had revenue of $406.28 million for the quarter. B. Riley Financial had a net margin of 3.58% and a trailing twelve-month return on equity of 15.96%.
How often does B. Riley Financial pay dividends? What is the dividend yield for B. Riley Financial?: B. Riley Financial announced a quarterly dividend on Thursday, August 10th. Shareholders of record on Friday, August 11th will be paid a dividend of $1.00 per share on Monday, August 21st. This represents a $4.00 dividend on an annualized basis and a yield of 10.00%. The ex-dividend date of this dividend is Thursday, August 10th.
Read our dividend analysis for RILY.
What ETFs hold B. Riley Financial's stock?: ETFs with the largest weight of B. Riley Financial (NASDAQ:RILY) stock in their portfolio include Invesco KBW High Dividend Yield Financial ETF (KBWD), SPDR S&P Capital Markets ETF (KCE), Global X SuperDividend ETF (SDIV), First Trust Small Cap Growth AlphaDEX Fund (FYC) and iShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI).Inspire Small/Mid Cap ETF (ISMD).
Is B. Riley Financial a good dividend stock?: B. Riley Financial (NASDAQ:RILY) pays an annual dividend of $4.00 per share and currently has a dividend yield of 10.00%. RILY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 264.90%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for RILY.
What guidance has B. Riley Financial issued on next quarter's earnings?: B. Riley Financial issued an update on its second quarter 2023 earnings guidance on Tuesday, July, 25th. The company provided earnings per share guidance of $1.48-$1.55 for the period. The company issued revenue guidance of $405.00 million-$407.00 million.

What is Tom Kelleher's approval rating as B. Riley Financial's CEO?: 16 employees have rated B. Riley Financial Chief Executive Officer Tom Kelleher on Glassdoor.com. Tom Kelleher has an approval rating of 78% among the company's employees.
What other stocks do shareholders of B. Riley Financial own?: Based on aggregate information from My MarketBeat watchlists, some companies that other B. Riley Financial investors own include NVIDIA (NVDA), Boeing (BA), Overstock.com (OSTK), QUALCOMM (QCOM), Advanced Micro Devices (AMD), General Motors (GM), Main Street Capital (MAIN), AT&T (T), Eldorado Resorts (ERI) and MFA Financial (MFA).
What is B. Riley Financial's stock symbol?: B. Riley Financial trades on the NASDAQ under the ticker symbol "RILY."
Who are B. Riley Financial's major shareholders?: B. Riley Financial's stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (8.68%), Equitec Proprietary Markets LLC (3.96%), State Street Corp (2.30%), Soros Fund Management LLC (0.00%), Royce & Associates LP (1.88%) and Geode Capital Management LLC (1.22%). Insiders that own company stock include Agostino Robert P D, Andrew Moore, B Riley Financial, Inc, Bryant R Riley, Bryant R Riley, Daniel Asher, Howard Weitzman, Kenneth M Young, Michael Joseph Sheldon, Randall E Paulson, Renee E Labran, Tamara Sue Brandt and Thomas J /Adv Kelleher.
View institutional ownership trends.
How do I buy shares of B. Riley Financial?: Shares of RILY 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 B. Riley Financial's stock price today?: One share of RILY stock can currently be purchased for approximately $39.99.
How much money does B. Riley Financial make?: B. Riley Financial (NASDAQ:RILY) has a market capitalization of $1.22 billion and generates $915.47 million in revenue each year. The asset manager earns $-159,830,000.00 in net income (profit) each year or $1.51 on an earnings per share basis.
How many employees does B. Riley Financial have?: The company employs 2,210 workers across the globe.
How can I contact B. Riley Financial?: B. Riley Financial's mailing address is 11100 Santa Monica Blvd. Suite 800, Los Angeles CA, 91367. The official website for the company is www.brileyfin.com. The asset manager can be reached via phone at (310) 966-1444, via email at ir@brileyfin.com, or via fax at 310-966-1448.

This page (NASDAQ:RILY) was last updated on 9/24/2023 by MarketBeat.com Staff

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