NASDAQ:SEICSEI Investments Stock Price, Forecast & News

SEI Investments' stock was trading at $50.80 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, SEIC shares have increased by 13.6% and is now trading at $57.72. 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) announced its earnings results on Thursday, April, 23rd. The asset manager reported $0.72 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.77 by $0.05. The asset manager had revenue of $414.76 million for 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% compared to the same quarter last year. During the same period in the prior year, the company earned $0.73 earnings per share. View SEI Investments' earnings history.

SEI Investments announced a quarterly dividend on Wednesday, June 3rd. Investors 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 yield of 2.43%. The ex-dividend date of this dividend is Friday, June 12th. View SEI Investments' dividend history.

SEI Investments announced that its Board of Directors has initiated a share buyback plan on Wednesday, March 18th 2020, which permits the company to repurchase $250,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 3.4% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's board of directors believes its shares are undervalued.

2 brokerages have issued twelve-month price targets for SEI Investments' stock. Their forecasts range from $47.00 to $58.00. On average, they expect SEI Investments' stock price to reach $52.50 in the next year. This suggests that the stock has a possible downside of 9.0%. View analysts' price targets for SEI Investments.

Media headlines about SEIC stock have been trending positive this week, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. SEI Investments earned a media sentiment score of 2.1 on InfoTrie's scale. They also assigned news stories about the asset manager a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the next few days. 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 daily trading volume, of 775,700 shares, the short-interest ratio is presently 2.2 days. Currently, 1.4% of the company's stock are short sold. 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 a variety of retail and institutional investors. Top institutional investors include Confluence Investment Management LLC (0.26%), JLB & Associates Inc. (0.17%), Envestnet Asset Management Inc. (0.08%), MERIAN GLOBAL INVESTORS UK Ltd (0.06%), West Coast Financial LLC (0.03%) and Louisiana State Employees Retirement System (0.02%). 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 sold by a variety of institutional investors in the last quarter, including Northwest Investment Counselors LLC, IFM Investors Pty Ltd, and Wedbush Securities Inc.. Company insiders that have sold SEI Investments company stock in the last year include Alfred P West Jr, Dennis Mcgonigle, Kathryn Mccarthy, Paul Klauder, Sarah Blumenstein, Stephen Meyer, and William Doran. View insider buying and selling activity for SEI Investments.

SEIC stock was bought by a variety of institutional investors in the last quarter, including West Coast Financial LLC, MERIAN GLOBAL INVESTORS UK Ltd, Confluence Investment Management LLC, Envestnet Asset Management Inc., Investment House LLC, First Citizens Bank & Trust Co., JLB & Associates Inc., and Louisiana State Employees Retirement System. 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 $57.72.

SEI Investments has a market capitalization of $8.54 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]