About Houlihan Lokey (NYSE:HLI)
Houlihan Lokey, Inc. is a global independent investment bank that focuses on mergers and acquisitions (M&A), capital markets, financial restructuring, valuation, and strategic consulting. The Company operates through four segments: Corporate Finance, Financial Restructuring, Financial Advisory Services and Strategic Consulting. The Company provides financial professionals with an integrated platform that enables them to deliver advice to its clients. The Corporate Finance activities include two categories: M&A and capital markets advisory. The Financial Advisory Services segment includes financial opinions, and a range of valuation and financial consulting services in the United States. The Financial Restructuring segment provides advice to debtors and creditors. The Strategic Consulting segment thinks beyond traditional business models to help companies compete in new ways and exploit opportunities to achieve profitable growth.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Investment Banking
- Sub-Industry: N/A
- Symbol: NYSE:HLI
- CUSIP: N/A
- Web: www.hl.com
- Market Cap: $2.76894 billion
- Outstanding Shares: 66,916,000
- 50 Day Moving Avg: $38.42
- 200 Day Moving Avg: $35.78
- 52 Week Range: $23.19 - $41.78
Sales & Book Value:
- Trailing P/E Ratio: 21.54
- Foreward P/E Ratio: 19.70
- P/E Growth: 7.07
- Annual Revenue: $907.54 million
- Price / Sales: 3.06
- Book Value: $11.37 per share
- Price / Book: 3.66
- Annual Dividend: $0.80
- Dividend Yield: 1.9%
- Net Margins: 14.10%
- Return on Equity: 18.63%
- Return on Assets: 11.83%
- Debt-to-Equity Ratio: 0.02%
- Current Ratio: 1.00%
- Quick Ratio: 1.00%
- Average Volume: 216,803 shs.
- Beta: 0.36
- Short Ratio: 2.57
Frequently Asked Questions for Houlihan Lokey (NYSE:HLI)
What is Houlihan Lokey's stock symbol?
Houlihan Lokey trades on the New York Stock Exchange (NYSE) under the ticker symbol "HLI."
How often does Houlihan Lokey pay dividends? What is the dividend yield for Houlihan Lokey?
Houlihan Lokey declared a quarterly dividend on Wednesday, July 26th. Shareholders of record on Friday, September 1st will be paid a dividend of $0.20 per share on Friday, September 15th. This represents a $0.80 dividend on an annualized basis and a yield of 1.92%. The ex-dividend date of this dividend is Wednesday, August 30th. View Houlihan Lokey's Dividend History.
How will Houlihan Lokey's stock buyback program work?
Houlihan Lokey declared that its board has approved a stock buyback plan on Thursday, April 6th 2017, which authorizes the company to repurchase $50,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 2.3% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's board believes its stock is undervalued.
How were Houlihan Lokey's earnings last quarter?
Houlihan Lokey, Inc. (NYSE:HLI) announced its quarterly earnings data on Tuesday, July, 25th. The company reported $0.50 earnings per share for the quarter, beating analysts' consensus estimates of $0.44 by $0.06. The company earned $217 million during the quarter, compared to the consensus estimate of $203.21 million. Houlihan Lokey had a return on equity of 18.63% and a net margin of 14.10%. The company's revenue for the quarter was up 19.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.35 earnings per share. View Houlihan Lokey's Earnings History.
When will Houlihan Lokey make its next earnings announcement?
Where is Houlihan Lokey's stock going? Where will Houlihan Lokey's stock price be in 2017?
4 brokers have issued 1-year target prices for Houlihan Lokey's stock. Their predictions range from $36.00 to $42.00. On average, they anticipate Houlihan Lokey's share price to reach $39.00 in the next twelve months. View Analyst Ratings for Houlihan Lokey.
Who are some of Houlihan Lokey's key competitors?
Some companies that are related to Houlihan Lokey include Santander Consumer USA Holdings (SC), DCT Industrial Trust (DCT), Credit Acceptance Corporation (CACC), Howard Hughes Corporation (The) (HHC), Highwoods Properties (HIW), Assurant (AIZ), New Residential Investment Corp. (NRZ), Hudson Pacific Properties (HPP), Pinnacle Financial Partners (PNFP), EPR Properties (EPR), Old Republic International Corporation (ORI), MGIC Investment Corporation (MTG), Webster Financial Corporation (WBS), Euronet Worldwide (EEFT), Gramercy Property Trust (GPT), Medical Properties Trust (MPW), Hospitality Properties Trust (HPT) and STORE Capital Corporation (STOR).
Who are Houlihan Lokey's key executives?
Houlihan Lokey's management team includes the folowing people:
- Irwin N. Gold J.D., Executive Chairman of the Board
- Scott J. Adelson, Co-President, Director
- David A. Preiser J.D., Co-President, Director
- Scott L. Beiser, Chief Executive Officer, Director
- J.Lindsey Alley, Chief Financial Officer
- Christopher M. Crain, General Counsel and Secretary
- Ron Kent Barger, Director
- Robert John Bruno Lenhardt, Director
- Hideto Nishitani, Director
- Paul Edward Wilson, Director
When did Houlihan Lokey IPO?
(HLI) raised $301 million in an IPO on Thursday, August 13th 2015. The company issued 13,100,000 shares at $22.00-$24.00 per share. BofA Merrill Lynch and Goldman Sachs acted as the underwriters for the IPO and UBS Investment Bank, Keefe, Bruyette & Woods (A Stifel Company), Houlihan Lokey, Sandler O'Neill + Partners and JMP Securities were co-managers.
Who owns Houlihan Lokey stock?
Houlihan Lokey's stock is owned by many different of institutional and retail investors. Top institutional investors include
ORIX HLHZ HOLDING LLC
ORIX HLHZ HOLDING LLC
ROYCE & ASSOCIATES LP
(4.49%) and Alpha Windward LLC (0.02%). Company insiders that own Houlihan Lokey stock include Christopher M Crain, David A Preiser, Orix Hlhz Holding Llc and Robert A Schriesheim. View Institutional Ownership Trends for Houlihan Lokey.
Who bought Houlihan Lokey stock? Who is buying Houlihan Lokey stock?
How do I buy Houlihan Lokey stock?
Shares of Houlihan Lokey can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Houlihan Lokey's stock price today?
MarketBeat Community Rating for Houlihan Lokey (NYSE HLI)MarketBeat's community ratings are surveys of what our community members think about Houlihan Lokey 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.
One share of Houlihan Lokey stock can currently be purchased for approximately $41.56.
Consensus Ratings for Houlihan Lokey (NYSE:HLI) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings 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). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus 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: ||1 Hold Rating, 3 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.75)|
|Consensus Price Target: ||$39.00 (6.16% downside)|Consensus Price Target History for Houlihan Lokey (NYSE:HLI)
Analysts' Ratings History for Houlihan Lokey (NYSE:HLI)
(Data available from 10/21/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/3/2017||Keefe, Bruyette & Woods||Reiterated Rating||Buy||Low|
|9/12/2017||J P Morgan Chase & Co||Initiated Coverage||Overweight -> Overweight||$42.00||High|
|5/11/2017||Bank of America Corporation||Downgrade||Buy -> Neutral||$36.00 -> $38.00||High|
|4/7/2017||JMP Securities||Reiterated Rating||Outperform||$34.00 -> $36.00||Low|
|8/18/2016||Sandler O'Neill||Downgrade||Buy -> Hold||N/A|
|2/9/2016||Goldman Sachs Group Inc||Lower Price Target||Neutral||$27.00 -> $26.00||N/A|
Earnings History for Houlihan Lokey (NYSE:HLI)Earnings History by Quarter for Houlihan Lokey (NYSE HLI)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/25/2017||Q1 2018||$0.44||$0.50||$203.21 million||$217.00 million||View||N/A|
|5/9/2017||Q4 2017||$0.45||$0.59||$207.02 million||$257.10 million||View||Listen|
|2/1/2017||Q317||$0.50||$0.57||$225.36 million||$248.00 million||View||Listen|
|11/1/2016||Q217||$0.37||$0.37||$181.41 million||$186.54 million||View||N/A|
|8/2/2016||Q117||$0.32||$0.35||$161.70 million||$181.00 million||View||N/A|
|5/18/2016||Q416||$0.45||$0.43||$195.85 million||$183.59 million||View||Listen|
|2/8/2016||Q316||$0.49||$0.47||$203.84 million||$206.00 million||View||N/A|
|11/3/2015||Q216||$0.26||$0.28||$151.91 million||$158.40 million||View||N/A|
Earnings Estimates for Houlihan Lokey (NYSE:HLI)
Current Year EPS Consensus Estimate: $1.98 EPS
Next Year EPS Consensus Estimate: $2.11 EPS
Current Dividend Information for Houlihan Lokey (NYSE:HLI)
|Most Recent Dividend:||9/15/2017|
|Dividend Growth:||0.00% (3 Year Average)|
|Payout Ratio:||41.67% (Trailing 12 Months of Earnings) |
40.40% (Based on This Year's Estimates)
37.91% (Based on Next Year's Estimates)
Dividend History by Quarter for Houlihan Lokey (NYSE HLI)
(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 Houlihan Lokey (NYSE:HLI)
Insider Ownership Percentage: 69.70%Insider Trades by Quarter for Houlihan Lokey (NYSE:HLI)
Institutional Ownership Percentage: 32.17%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|9/14/2017||Orix Hlhz Holding Llc||Major Shareholder||Sell||686,760||$36.26||$24,901,917.60|| |
|3/15/2017||Christopher M Crain||General Counsel||Sell||835||$29.05||$24,256.75|| |
|3/15/2017||David A Preiser||Insider||Sell||6,711||$29.05||$194,954.55|| |
|2/13/2017||Robert A Schriesheim||Director||Buy||4,870||$30.73||$149,655.10|| |
|8/18/2015||Christopher M. Crain||General Counsel||Sell||3,917||$21.00||$82,257.00|| |
|8/18/2015||De Bunt Bennet Van||Director||Buy||15,000||$21.00||$315,000.00|| |
|8/18/2015||J Lindsey Alley||CFO||Sell||15,827||$21.00||$332,367.00|| |
|8/18/2015||Orix Hlhz Holding Llc||Major Shareholder||Sell||9,595,289||$19.58||$187,875,758.62|| |
|8/18/2015||Scott Joseph Adelson||insider||Sell||67,848||$21.00||$1,424,808.00|| |
|8/18/2015||Scott L. Beiser||CEO||Sell||93,710||$21.00||$1,967,910.00|| |
Headline Trends for Houlihan Lokey (NYSE:HLI)
Latest Headlines for Houlihan Lokey (NYSE:HLI)
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Houlihan Lokey (HLI) Chart for Saturday, October, 21, 2017