NASDAQ:SEICSEI Investments Stock Price, Forecast & News

SEI Investments' stock was trading at $50.80 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, SEIC stock has increased by 9.6% and is now trading at $55.66. View which stocks have been most impacted by Coronavirus.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SEI Investments in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for SEI Investments.

SEI Investments is scheduled to release its next quarterly earnings announcement on Wednesday, July 22nd 2020. View our earnings forecast for SEI Investments.

SEI Investments (NASDAQ:SEIC) released its earnings results on Thursday, April, 23rd. The asset manager reported $0.72 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.77 by $0.05. The asset manager earned $414.76 million during the quarter, compared to the consensus estimate of $409.12 million. SEI Investments had a return on equity of 29.17% and a net margin of 29.85%. The firm's revenue for the quarter was up 3.5% on a year-over-year basis. During the same period in the previous year, the firm posted $0.73 EPS. View SEI Investments' earnings history.

SEI Investments declared a quarterly dividend on Wednesday, June 3rd. Stockholders of record on Monday, June 15th will be given a dividend of $0.35 per share on Tuesday, June 23rd. This represents a $1.40 dividend on an annualized basis and a dividend yield of 2.52%. The ex-dividend date of this dividend is Friday, June 12th. View SEI Investments' dividend history.

SEI Investments declared that its board has authorized a share buyback plan on Wednesday, March 18th 2020, which allows the company to repurchase $250,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to reacquire up to 3.4% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company's leadership believes its stock is undervalued.

2 brokerages have issued 1-year price targets for SEI Investments' stock. Their forecasts range from $47.00 to $58.00. On average, they expect SEI Investments' share price to reach $52.50 in the next twelve months. This suggests that the stock has a possible downside of 5.7%. View analysts' price targets for SEI Investments.

News headlines about SEIC stock have trended negative this week, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. SEI Investments earned a daily sentiment score of -2.1 on InfoTrie's scale. They also gave media headlines about the asset manager a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news about SEI Investments.

SEI Investments saw a increase in short interest during the month of June. As of June 30th, there was short interest totaling 1,700,000 shares, an increase of 13.3% from the June 15th total of 1,500,000 shares. Based on an average trading volume of 775,700 shares, the days-to-cover ratio is presently 2.2 days. Currently, 1.4% of the shares of the stock are sold short. View SEI Investments' Current Options Chain.

Some companies that are related to SEI Investments include BlackRock (BLK), Bank of New York Mellon (BK), T. Rowe Price Group (TROW), State Street (STT), Ameriprise Financial (AMP), Northern Trust (NTRS), Franklin Resources (BEN), Ares Capital (ARCC), Invesco (IVZ), Legg Mason (LM), Eaton Vance (EV), Affiliated Managers Group (AMG), Cohen & Steers (CNS), Federated Investors (FII) and Main Street Capital (MAIN). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other SEI Investments investors own include Mastercard (MA), JPMorgan Chase & Co. (JPM), Verizon Communications (VZ), Intel (INTC), PepsiCo (PEP), Visa (V), Amgen (AMGN), Walt Disney (DIS), Exxon Mobil (XOM) and Cisco Systems (CSCO).

SEI Investments trades on the NASDAQ under the ticker symbol "SEIC."

SEI Investments' stock is owned by many different institutional and retail investors. Top institutional shareholders include Confluence Investment Management LLC (0.26%). Company insiders that own SEI Investments stock include Alfred P West Jr, Dennis Mcgonigle, Joseph P Ujobai, Kathryn Mccarthy, Kathy Heilig, Kevin Barr, Paul Klauder, Sarah Blumenstein, Stephen Meyer, Wayne Withrow and William Doran. View institutional ownership trends for SEI Investments.

SEIC stock was purchased by a variety of institutional investors in the last quarter, including Confluence Investment Management LLC. View insider buying and selling activity for SEI Investments.

Shares of SEIC 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 SEIC stock can currently be purchased for approximately $55.66.

SEI Investments has a market capitalization of $8.23 billion and generates $1.65 billion in revenue each year. The asset manager earns $501.43 million in net income (profit) each year or $3.24 on an earnings per share basis. SEI Investments employs 3,756 workers across the globe.

The official website for SEI Investments is www.seic.com.

SEI Investments' mailing address is 1 FREEDOM VALLEY DRIVE, OAKS PA, 19456. The asset manager can be reached via phone at 610-676-1000 or via email at [email protected]