About Associated Capital Group (NYSE:AC)
Associated Capital Group, Inc. is a parent operating company for the spin-off of GAMCO Investors, Inc.'s (GAMCO's) alternative investment management business, institutional research services operations and certain cash and other assets. The Company, through its subsidiaries, provides alternative investment management services and institutional research services, as well as management of its investment portfolio. It operates through the investment advisory and asset management business segment. Gabelli & Company Investment Advisers, Inc. (GCIA) is a subsidiary of the Company. GCIA and its subsidiary, Gabelli & Partners, LLC (Gabelli & Partners), collectively serve as general partners, co-general partners or investment managers to investment funds, including limited partnerships and offshore companies (collectively, Investment Partnerships), and separate accounts. It primarily manages assets in equity event-driven value strategies, across a range of risk and event arbitrage portfolios.
Industry, Sector and Symbol:
- Current Ratio: 14.20%
- Quick Ratio: 6.70%
Sales & Book Value:
- Trailing P/E Ratio: 74.89
- Annual Sales: $31.23 million
- Price / Sales: 26.14
- Cash Flow: $0.42 per share
- Price / Cash: 81.70
- Book Value: $36.03 per share
- Price / Book: 0.96
- Annual Dividend: $0.20
- Dividend Yield: 0.6%
- Trailing EPS: ($0.15)
- Net Income: $10.21 million
- Net Margins: -10.48%
- Return on Equity: 1.27%
- Return on Assets: 1.19%
- Employees: 72
- Outstanding Shares: 23,700,000
Frequently Asked Questions for Associated Capital Group (NYSE:AC)
What is Associated Capital Group's stock symbol?
Associated Capital Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "AC."
How often does Associated Capital Group pay dividends? What is the dividend yield for Associated Capital Group?
Associated Capital Group announced a None dividend on Monday, November 6th. Shareholders of record on Wednesday, December 27th will be paid a dividend of $0.10 per share on Wednesday, January 10th. This represents a yield of 0.58%. The ex-dividend date is Tuesday, December 26th. View Associated Capital Group's Dividend History.
How will Associated Capital Group's stock buyback program work?
Associated Capital Group declared that its board has approved a share repurchase program on Sunday, August 6th 2017, which allows the company to repurchase 500,000 shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Shares repurchase programs are typically an indication that the company's leadership believes its shares are undervalued.
When will Associated Capital Group make its next earnings announcement?
Where is Associated Capital Group's stock going? Where will Associated Capital Group's stock price be in 2017?
1 Wall Street analysts have issued 12-month price objectives for Associated Capital Group's shares. Their forecasts range from $33.00 to $33.00. On average, they anticipate Associated Capital Group's share price to reach $33.00 in the next twelve months. View Analyst Ratings for Associated Capital Group.
Who are some of Associated Capital Group's key competitors?
Some companies that are related to Associated Capital Group include Ares Management L.P. (ARES), Hamilton Lane (HLNE), WisdomTree Investments (WETF), Rathbone Brothers plc (RAT), Brewin Dolphin Holdings plc (BRW), Virtus Investment Partners (VRTS), Pzena Investment Management (PZN), Polar Capital Holdings plc (POLR), Impax Asset Management Group Plc (IPX), Mortgage Advice Bureau (Holdings) PLC (MAB1), Liontrust Asset Management PLC (LIO), Premier Asset Management Group PLC (PAM), Fifth Street Asset Management (FSAM), Charles Stanley Group plc (CAY), Calamos Asset Management (CLMS), City of London Investment Group PLC (CLIG), Miton Group plc (MGR) and Manning & Napier (MN).
Who are Associated Capital Group's key executives?
Associated Capital Group's management team includes the folowing people:
- Mario Joseph Gabelli, Executive Chairman of the Board (Age 75)
- Douglas R. Jamieson, President, Chief Executive Officer (Age 62)
- Salvatore F. Sodano, Vice Chairman of the Board (Age 61)
- Francis J. Conroy CPA, Interim Chief Financial Officer
- Kevin Handwerker, Executive Vice President, General Counsel, Secretary (Age 60)
- Richard L. Bready, Director (Age 72)
- Daniel R. Lee, Director (Age 60)
- Bruce M. Lisman, Director (Age 70)
- Frederic Salerno, Director (Age 73)
Who owns Associated Capital Group stock?
Associated Capital Group's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Royce & Associates LP (0.96%), Rice Hall James & Associates LLC (0.32%), Dimensional Fund Advisors LP (0.12%), Sei Investments Co. (0.07%), Wells Fargo & Company MN (0.03%) and New York State Common Retirement Fund (0.02%). Company insiders that own Associated Capital Group stock include Bruce M Lisman, Frederick J Mancheski and Mario J Gabelli. View Institutional Ownership Trends for Associated Capital Group.
Who sold Associated Capital Group stock? Who is selling Associated Capital Group stock?
Who bought Associated Capital Group stock? Who is buying Associated Capital Group stock?
Associated Capital Group's stock was acquired by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Sei Investments Co. and Wells Fargo & Company MN. Company insiders that have bought Associated Capital Group stock in the last two years include Bruce M Lisman and Mario J Gabelli. View Insider Buying and Selling for Associated Capital Group.
How do I buy Associated Capital Group stock?
Shares of Associated Capital Group 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, Scottrade, Fidelity and Charles Schwab.
What is Associated Capital Group's stock price today?
One share of Associated Capital Group stock can currently be purchased for approximately $34.45.
How big of a company is Associated Capital Group?
Associated Capital Group has a market capitalization of $816.47 million and generates $31.23 million in revenue each year. The financial services provider earns $10.21 million in net income (profit) each year or ($0.15) on an earnings per share basis. Associated Capital Group employs 72 workers across the globe.
How can I contact Associated Capital Group?
Associated Capital Group's mailing address is ONE CORPORATE CENTER, RYE NY, 10580. The financial services provider can be reached via phone at 203-629-9595.
MarketBeat Community Rating for Associated Capital Group (NYSE AC)MarketBeat's community ratings are surveys of what our community members think about Associated Capital Group and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Analysts' Consensus Rating for Associated Capital Group (NYSE:AC) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||0 Sell Ratings, 0 Hold Ratings, 1 Buy Rating, 0 Strong Buy Ratings|
|Consensus Rating:||Buy (Score: 3.00)|
|Consensus Price Target: ||$33.00 (4.21% downside)|
Consensus Price Target History for Associated Capital Group (NYSE:AC)
Analysts' Ratings History for Associated Capital Group (NYSE:AC)
(Data available from 11/20/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/23/2017||Canaccord Genuity||Reiterated Rating||Buy||$33.00||N/A|
|5/12/2016||JMP Securities||Lower Price Target||Market Outperform||$79.00 -> $62.00||N/A|
Earnings History and Estimates Chart for Associated Capital Group (NYSE:AC)
Earnings History by Quarter for Associated Capital Group (NYSE AC)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
Earnings Estimates for Associated Capital Group (NYSE:AC)
No earnings estimates for this company have been tracked by MarketBeat.com
Current Dividend Information for Associated Capital Group (NYSE:AC)
|Dividend Growth:||0.00% (3 Year Average)|
|Payout Ratio:||-133.32% (Trailing 12 Months of Earnings) |
Dividend History by Quarter for Associated Capital Group (NYSE AC)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Associated Capital Group (NYSE AC)
Insider Ownership Percentage: 78.44%
Institutional Ownership Percentage: 13.74%
Insider Trades by Quarter for Associated Capital Group (NYSE AC)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|12/28/2016||Frederick J Mancheski||Major Shareholder||Sell||434,585||$31.05||$13,493,864.25|| |
|6/13/2016||Mario J Gabelli||CEO||Buy||1,851||$28.49||$52,734.99|| |
|3/30/2016||Bruce M Lisman||Director||Buy||1,000||$28.21||$28,210.00|| |
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finance.yahoo.com - August 12 at 3:17 PM
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finance.yahoo.com - August 10 at 4:52 PM
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Associated Capital Group (NYSE AC) Chart for Monday, November, 20, 2017