Houlihan Lokey, Inc., an investment banking company, provides merger and acquisition (M&A), financing, financial restructuring, and financial advisory services worldwide. It operates in three segments: Corporate Finance, Financial Restructuring, and Financial Advisory Services. The Corporate Finance segment offers general financial advisory services; and advises public and private institutions on buy-side and sell-side transactions, leveraged loans, private mezzanine debt, high-yield debt, initial public offerings, follow-ons, convertibles, equity private placements, private equity, and liability management transactions, as well as financial sponsors on various transactions. It also provides financing solutions and capital-raising advisory services for publicly-held and multinational corporations, financial sponsors, and privately-held companies. The Financial Restructuring segment advises debtors, creditors, and other parties-in-interest related to recapitalization/deleveraging transactions. It also provides a range of advisory services, including structuring, negotiation, and confirmation of plans of reorganization; structuring and analysis of exchange offers; corporate viability assessment; dispute resolution and expert testimony; and procuring debtor in possession financing. The Financial Advisory Services segment offers valuations of various assets, such as companies, illiquid debt and equity securities, and intellectual property. It also provides fairness opinions in connection with M&A and other transactions, and solvency opinions in connection with corporate spin-offs and dividend recapitalizations; and other types of financial opinions in connection with other transactions. In addition, this segment offers dispute resolution and strategic consulting services. It serves corporations, financial sponsors, and government agencies. The company was founded in 1972 and is headquartered in Los Angeles, California.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Investment advice
Sub-IndustryN/A
SectorFinance
SymbolNYSE:HLI
CUSIPN/A
Phone310-788-5200
Debt
Debt-to-Equity Ratio0.01
Current Ratio0.72
Quick Ratio0.72
Price-To-Earnings
Trailing P/E Ratio21.73
Forward P/E RatioN/A
P/E Growth1.24
Sales & Book Value
Annual Sales$963.36 million
Price / Sales3.57
Cash Flow$2.4616 per share
Price / Cash21.10
Book Value$12.58 per share
Price / Book4.13
Profitability
EPS (Most Recent Fiscal Year)$2.39
Net Income$172.28 million
Net Margins17.88%
Return on Equity19.69%
Return on Assets13.04%
Miscellaneous
Employees1,228
Outstanding Shares66,180,000
Market Cap$3,431.59
Houlihan Lokey (NYSE:HLI) Frequently Asked Questions
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, May 9th. Shareholders of record on Monday, June 4th will be given a dividend of $0.27 per share on Friday, June 15th. This represents a $1.08 annualized dividend and a yield of 2.08%. The ex-dividend date of this dividend is Friday, June 1st. This is a positive change from Houlihan Lokey's previous quarterly dividend of $0.20. View Houlihan Lokey's Dividend History.
How will Houlihan Lokey's stock buyback program work?
Houlihan Lokey declared that its Board of Directors has authorized a stock buyback program on Thursday, April 6th 2017, which authorizes the company to buyback $50,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to repurchase up to 2.3% of its shares through open market purchases. Shares buyback programs are typically a sign that the company's management believes its shares are undervalued.
How were Houlihan Lokey's earnings last quarter?
Houlihan Lokey Inc (NYSE:HLI) posted its quarterly earnings results on Wednesday, May, 9th. The financial services provider reported $0.65 earnings per share for the quarter, beating the consensus estimate of $0.58 by $0.07. The financial services provider earned $244.75 million during the quarter, compared to the consensus estimate of $236.68 million. Houlihan Lokey had a return on equity of 19.69% and a net margin of 17.88%. Houlihan Lokey's revenue for the quarter was down 4.8% compared to the same quarter last year. During the same quarter last year, the firm earned $0.59 earnings per share. View Houlihan Lokey's Earnings History.
What price target have analysts set for HLI?
5 Wall Street analysts have issued 1-year price objectives for Houlihan Lokey's shares. Their predictions range from $42.00 to $55.00. On average, they anticipate Houlihan Lokey's stock price to reach $50.00 in the next year. This suggests that the stock has a possible downside of 3.7%. View Analyst Ratings for Houlihan Lokey.
What is the consensus analysts' recommendation for Houlihan Lokey?
5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Houlihan Lokey in the last year. There are currently 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
Are investors shorting Houlihan Lokey?
Houlihan Lokey saw a increase in short interest in the month of June. As of June 29th, there was short interest totalling 1,280,601 shares, an increase of 57.5% from the June 15th total of 812,998 shares. Based on an average daily trading volume, of 439,386 shares, the short-interest ratio is presently 2.9 days. Currently, 3.8% of the company's stock are sold short. View Houlihan Lokey's Current Options Chain.
Who are some of Houlihan Lokey's key competitors?
Some companies that are related to Houlihan Lokey include KKR & Co Inc Class A (KKR), Invesco (IVZ), Affiliated Managers Group (AMG), Apollo Global Management LLC Class A (APO), Lazard (LAZ), Oaktree Capital Group (OAK), Eaton Vance (EV), Janus Henderson Group (JHG), Morningstar (MORN), Evercore (EVR), MAN Grp PLC/ADR (MNGPY), Moelis & Co (MC), AllianceBernstein (AB), Financial Engines (FNGN) and Legg Mason (LM).
Who are Houlihan Lokey's key executives?
Houlihan Lokey's management team includes the folowing people:
- Mr. Irwin N. Gold, Exec. Chairman (Age 61)
- Mr. Scott Lee Beiser, CEO, Sr. MD & Director (Age 58)
- Mr. David A. Preiser, Co-Pres & Sr. Managing Director of Financial Restructuring Group (Age 60)
- Mr. Scott Joseph Adelson, Co-Pres, Global Co-Head of Corp. Fin. & Director (Age 57)
- Mr. Jeffrey Werbalowsky, Co-Chairman & Sr. MD
When did Houlihan Lokey IPO?
(HLI) raised $301 million in an initial public offering (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 served 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.
Has Houlihan Lokey been receiving favorable news coverage?
Headlines about HLI stock have been trending somewhat positive recently, according to Accern Sentiment. The research group scores the sentiment of news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Houlihan Lokey earned a daily sentiment score of 0.06 on Accern's scale. They also gave headlines about the financial services provider an impact score of 45.86 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.
Who are Houlihan Lokey's major shareholders?
Houlihan Lokey's stock is owned by many different of retail and institutional investors. Top institutional investors include HL VOTING TRUST (49.50%), ORIX HLHZ HOLDING LLC (49.40%), James Investment Research Inc. (0.43%), Cornerstone Wealth Management LLC (0.24%), Bank of Montreal Can (0.11%) and KAMES CAPITAL plc (0.05%). Company insiders that own Houlihan Lokey stock include Christopher M Crain, David A Preiser, Irwin Gold, J Lindsey Alley, Orix Hlhz Holding Llc, Robert A Schriesheim, Scott Joseph Adelson and Scott L Beiser. View Institutional Ownership Trends for Houlihan Lokey.
Which institutional investors are selling Houlihan Lokey stock?
HLI stock was sold by a variety of institutional investors in the last quarter, including KAMES CAPITAL plc. Company insiders that have sold Houlihan Lokey company stock in the last year include Christopher M Crain, Irwin Gold, J Lindsey Alley, Orix Hlhz Holding Llc, Scott Joseph Adelson and Scott L Beiser. View Insider Buying and Selling for Houlihan Lokey.
Which institutional investors are buying Houlihan Lokey stock?
HLI stock was bought by a variety of institutional investors in the last quarter, including James Investment Research Inc., Cornerstone Wealth Management LLC, Bank of Montreal Can, Alpha Windward LLC, Xact Kapitalforvaltning AB, Amalgamated Bank, Hartford Investment Management Co. and Cim LLC. View Insider Buying and Selling for Houlihan Lokey.
How do I buy shares of Houlihan Lokey?
Shares of HLI 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 Houlihan Lokey's stock price today?
One share of HLI stock can currently be purchased for approximately $51.94.
How big of a company is Houlihan Lokey?
Houlihan Lokey has a market capitalization of $3.43 billion and generates $963.36 million in revenue each year. The financial services provider earns $172.28 million in net income (profit) each year or $2.39 on an earnings per share basis. Houlihan Lokey employs 1,228 workers across the globe.
How can I contact Houlihan Lokey?
Houlihan Lokey's mailing address is 10250 CONSTELLATION BLVD. 5TH FLOOR, LOS ANGELES CA, 90067. The financial services provider can be reached via phone at 310-788-5200 or via email at [email protected]
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 HLI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe HLI will underperform the S&P 500 over the long term. You may vote once every thirty days.
