Silvercrest Asset Management Group (SAMG) Stock Forecast, Price & News

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Silvercrest Asset Management Group in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" SAMG shares.
View SAMG analyst ratings or view top-rated stocks.

1 brokers have issued 1-year price objectives for Silvercrest Asset Management Group's shares. Their SAMG share price forecasts range from $23.00 to $23.00. On average, they expect the company's share price to reach $23.00 in the next twelve months. This suggests a possible upside of 44.9% from the stock's current price.
View analysts price targets for SAMG or view top-rated stocks among Wall Street analysts.

Silvercrest Asset Management Group's stock was trading at $18.77 at the beginning of the year. Since then, SAMG shares have decreased by 15.5% and is now trading at $15.87.
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Silvercrest Asset Management Group saw a decrease in short interest in the month of September. As of September 15th, there was short interest totaling 66,300 shares, a decrease of 17.6% from the August 31st total of 80,500 shares. Based on an average trading volume of 27,600 shares, the days-to-cover ratio is presently 2.4 days. Approximately 0.7% of the shares of the company are short sold.
View Silvercrest Asset Management Group's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023.
View our SAMG earnings forecast.

Silvercrest Asset Management Group Inc. (NASDAQ:SAMG) issued its quarterly earnings data on Thursday, July, 27th. The asset manager reported $0.34 earnings per share for the quarter, missing the consensus estimate of $0.37 by $0.03. The asset manager had revenue of $29.73 million for the quarter, compared to analyst estimates of $29.97 million. Silvercrest Asset Management Group had a trailing twelve-month return on equity of 13.72% and a net margin of 10.09%.

Silvercrest Asset Management Group announced a quarterly dividend on Wednesday, July 26th. Investors of record on Friday, September 8th will be given a dividend of $0.19 per share on Friday, September 15th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 4.79%. The ex-dividend date is Thursday, September 7th. This is a boost from the stock's previous quarterly dividend of $0.18.
Read our dividend analysis for SAMG.

Gabelli Financial Services Opportunities ETF holds 8,500 shares of SAMG stock, representing 2.72% of its portfolio.

Silvercrest Asset Management Group (NASDAQ:SAMG) pays an annual dividend of $0.76 per share and currently has a dividend yield of 4.74%. SAMG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 6 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 61.79%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SAMG will have a dividend payout ratio of 47.20% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SAMG.

1 employees have rated Silvercrest Asset Management Group Chief Executive Officer G. Moffett Cochran on Glassdoor.com. G. Moffett Cochran has an approval rating of 100% among the company's employees. This puts G. Moffett Cochran in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Silvercrest Asset Management Group investors own include CA (CA), BlackRock (BLK), Endologix (ELGX), Chipotle Mexican Grill (CMG), NanoString Technologies (NSTG), Vista Outdoor (VSTO), Aegean Marine Petroleum Network (ANW), AutoZone (AZO), Baytex Energy (BTE) and Hudson Technologies (HDSN).

Silvercrest Asset Management Group trades on the NASDAQ under the ticker symbol "SAMG."

Shares of SAMG 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 SAMG stock can currently be purchased for approximately $15.87.

Silvercrest Asset Management Group (NASDAQ:SAMG) has a market capitalization of $220.59 million and generates $123.22 million in revenue each year. The asset manager earns $18.83 million in net income (profit) each year or $1.23 on an earnings per share basis.

The company employs 152 workers across the globe.

Silvercrest Asset Management Group's mailing address is 1330 AVENUE OF THE AMERICAS 38TH FLOOR, NEW YORK NY, 10019. The official website for the company is www.silvercrestgroup.com. The asset manager can be reached via phone at (212) 649-0600, via email at rhough@silvercrestgroup.com, or via fax at 302-636-5454.