SEI Investments - SEIC Stock Forecast, Price & News

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for SEI Investments in the last year. There are currently 1 sell rating, 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" SEIC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SEIC, but not buy additional shares or sell existing shares.
View SEIC analyst ratings or view top-rated stocks.

5 analysts have issued 12-month price targets for SEI Investments' shares. Their SEIC share price forecasts range from $52.00 to $70.00. On average, they expect the company's stock price to reach $60.50 in the next twelve months. This suggests a possible upside of 20.4% from the stock's current price.
View analysts price targets for SEIC or view top-rated stocks among Wall Street analysts.

SEI Investments' stock was trading at $60.94 at the beginning of the year. Since then, SEIC shares have decreased by 17.6% and is now trading at $50.23.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 19th 2022.
View our SEIC earnings forecast.

SEI Investments (NASDAQ:SEIC) released its earnings results on Wednesday, July, 20th. The asset manager reported $0.81 earnings per share for the quarter, missing analysts' consensus estimates of $0.82 by $0.01. The asset manager earned $481.67 million during the quarter, compared to analysts' expectations of $472.18 million. SEI Investments had a trailing twelve-month return on equity of 30.81% and a net margin of 28.53%. The business's revenue was up 1.3% on a year-over-year basis. During the same period last year, the company earned $0.93 EPS.

SEI Investments announced a quarterly dividend on Wednesday, June 1st. Investors of record on Monday, June 13th will be given a dividend of $0.40 per share on Wednesday, June 22nd. This represents a $1.60 dividend on an annualized basis and a yield of 3.19%. The ex-dividend date is Friday, June 10th. This is an increase from the stock's previous quarterly dividend of $0.37.
Read our dividend analysis for SEIC.

SEI Investments (NASDAQ:SEIC) pays an annual dividend of $0.80 per share and currently has a dividend yield of 1.57%. The company has been increasing its dividend for 30 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 19.18%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SEIC will have a dividend payout ratio of 22.66% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SEIC.

SEI Investments declared that its board has approved a stock buyback plan on Wednesday, June 1st 2022, which authorizes the company to repurchase $200,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire up to 2.5% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company's leadership believes its stock is undervalued.

279 employees have rated SEI Investments Chief Executive Officer Alfred P. West Jr. on Glassdoor.com. Alfred P. West Jr. has an approval rating of 81% among the company's employees.

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

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

SEI Investments' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Loomis Sayles & Co. L P (8.53%), State Street Corp (4.61%), Royce & Associates LP (1.07%), Boston Trust Walden Corp (0.85%), Northern Trust Corp (0.82%) and Brown Advisory Inc. (0.68%). Insiders that own company stock include Alfred P West Jr, Dennis Mcgonigle, Kathryn Mccarthy, Kathy Heilig, Kevin Barr, Paul Klauder, Ryan Hicke, Stephen Meyer, Wayne Withrow and William Doran.
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Shares of SEIC 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 SEIC stock can currently be purchased for approximately $50.23.

SEI Investments (NASDAQ:SEIC) has a market capitalization of $6.81 billion and generates $1.92 billion in revenue each year. The asset manager earns $546.59 million in net income (profit) each year or $4.17 on an earnings per share basis.

The company employs 4,406 workers across the globe.

SEI Investments' mailing address is 1 FREEDOM VALLEY DRIVE, OAKS PA, 19456. The official website for the company is www.seic.com. The asset manager can be reached via phone at (610) 676-1000, via email at nvattimo@seic.com, or via fax at 610-676-1105.