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 stock has increased by 11.0% and is now trading at $56.37. 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) issued its earnings results on Thursday, April, 23rd. The asset manager reported $0.72 earnings per share for the quarter, missing the consensus estimate of $0.77 by $0.05. The asset manager earned $414.76 million during the quarter, compared to analyst estimates of $409.12 million. SEI Investments had a return on equity of 29.17% and a net margin of 29.85%. The company's revenue was up 3.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $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 paid a dividend of $0.35 per share on Tuesday, June 23rd. This represents a $1.40 annualized dividend and a yield of 2.48%. The ex-dividend date of this dividend is Friday, June 12th. View SEI Investments' dividend history.

SEI Investments announced that its board has authorized a stock repurchase program on Wednesday, March 18th 2020, which authorizes the company to buyback $250,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to buy up to 3.4% of its stock through open market purchases. Stock buyback programs are typically an indication that the company's board believes its stock is undervalued.

2 equities research analysts have issued twelve-month price targets for SEI Investments' shares. Their forecasts range from $47.00 to $58.00. On average, they expect SEI Investments' stock price to reach $52.50 in the next twelve months. This suggests that the stock has a possible downside of 6.9%. View analysts' price targets for SEI Investments.

News stories about SEIC stock have trended somewhat negative this week, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. SEI Investments earned a daily sentiment score of -1.5 on InfoTrie's scale. They also assigned news stories about the asset manager a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View the latest news about SEI Investments.

SEI Investments saw a increase in short interest in 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 days-to-cover ratio is presently 2.2 days. Approximately 1.4% of the company's shares 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 a number 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, and IFM Investors Pty Ltd. 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, 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 $56.37.

SEI Investments has a market capitalization of $8.34 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]