NASDAQ:SEICSEI Investments Stock Price, Forecast & News

SEI Investments' stock was trading at $50.80 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, SEIC shares have increased by 8.7% and is now trading at $55.22. 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) posted its quarterly 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 analysts' expectations of $409.12 million. SEI Investments had a return on equity of 29.17% and a net margin of 29.85%. SEI Investments's quarterly revenue was up 3.5% on a year-over-year basis. During the same quarter last year, the firm posted $0.73 EPS. 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 annualized dividend and a yield of 2.54%. 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 share buyback program on Wednesday, March 18th 2020, which authorizes the company to repurchase $250,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to purchase up to 3.4% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's leadership believes its shares are undervalued.

2 brokers 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' share price to reach $52.50 in the next year. This suggests that the stock has a possible downside of 4.9%. View analysts' price targets for SEI Investments.

Media coverage about SEIC stock has been trending neutral recently, InfoTrie Sentiment Analysis reports. InfoTrie rates the sentiment of news coverage by monitoring 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 five, with scores nearest to five being the most favorable. SEI Investments earned a coverage optimism score of 0.2 on InfoTrie's scale. They also assigned 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 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 volume of 775,700 shares, the days-to-cover ratio is presently 2.2 days. Approximately 1.4% of the shares of the 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 many different retail and institutional investors. Top institutional investors include Confluence Investment Management LLC (0.26%) and Envestnet Asset Management Inc. (0.08%). 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 acquired by a variety of institutional investors in the last quarter, including Confluence Investment Management LLC, and Envestnet Asset Management Inc.. 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 $55.22.

SEI Investments has a market capitalization of $8.17 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]