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 (WHO). Since then, SEIC shares have increased by 6.8% and is now trading at $54.26. 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 quarterly earnings data on Thursday, April, 23rd. The asset manager reported $0.72 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 net margin of 29.85% and a return on equity of 29.17%. SEI Investments's quarterly revenue 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. 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 annualized dividend and a yield of 2.58%. 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 buyback plan on Wednesday, March 18th 2020, which permits the company to repurchase $250,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to purchase up to 3.4% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company's management believes its shares are undervalued.

2 analysts have issued 1 year price objectives for SEI Investments' shares. Their forecasts range from $47.00 to $58.00. On average, they anticipate SEI Investments' stock price to reach $52.50 in the next year. This suggests that the stock has a possible downside of 3.2%. View analysts' price targets for SEI Investments.

News stories about SEIC stock have trended very negative recently, according to InfoTrie. InfoTrie rates the sentiment of news coverage by reviewing 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 nearest to five being the most favorable. SEI Investments earned a news sentiment score of -3.3 on InfoTrie's scale. They also gave news headlines about the asset manager a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near future. View the latest news about SEI Investments.

SEI Investments saw a decline in short interest during the month of June. As of June 15th, there was short interest totaling 1,500,000 shares, a decline of 27.2% from the May 31st total of 2,060,000 shares. Based on an average daily volume of 833,600 shares, the short-interest ratio is currently 1.8 days. Currently, 1.2% of the company's shares 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 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 bought 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 $54.26.

SEI Investments has a market capitalization of $8.03 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]