About Manning & Napier
Manning & Napier, Inc. is an independent investment management company. The Company operates through investment management industry segment. It provides a range of investment solutions through separately managed accounts, mutual funds and collective investment trust funds, as well as a range of consultative services. It offers equity, fixed income and alternative strategies, as well as a range of blended asset portfolios, such as life cycle funds. It serves a client base of high net worth individuals and institutions, including 401(k) plans, pension plans, Taft-Hartley plans (Taft-Hartley), endowments and foundations. It offers its investment management capabilities through direct sales to high net worth individuals and institutions, as well as through third-party intermediaries, platforms and institutional investment consultants. Its investment management offerings include approximately 40 separate account composites, and over 60 mutual funds and collective investment trusts.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Asset Management
- Sub-Industry: Asset Management & Custody Banks
- Exchange: NYSE
- Symbol: MN
- CUSIP: 56382Q10
- Previous Close: $6.45
- 50 Day Moving Average: $7.04
- 200 Day Moving Average: $7.36
- 52-Week Range: $6.00 - $10.34
- Trailing P/E Ratio: 10.40
- Foreward P/E Ratio: 12.90
- P/E Growth: -0.71
- Market Cap: $96.76M
- Outstanding Shares: 15,002,000
- Beta: 1.37
- Net Margins: 3.64%
- Return on Equity: 38.85%
- Return on Assets: 23.96%
Companies Related to Manning & Napier:
- Current Ratio: 3.47%
- Quick Ratio: 3.47%
What is Manning & Napier's stock symbol?
Manning & Napier trades on the New York Stock Exchange (NYSE) under the ticker symbol "MN."
How often does Manning & Napier pay dividends? What is the dividend yield for Manning & Napier?
Manning & Napier announced a quarterly dividend on Thursday, October 27th. Shareholders of record on Friday, January 13th will be paid a dividend of $0.16 per share on Wednesday, February 1st. This represents a $0.64 annualized dividend and a yield of 9.92%. The ex-dividend date is Wednesday, January 11th.
Where is Manning & Napier's stock going? Where will Manning & Napier's stock price be in 2017?
3 equities research analysts have issued 1-year price objectives for Manning & Napier's stock. Their forecasts range from $7.00 to $8.00. On average, they anticipate Manning & Napier's share price to reach $7.67 in the next year.
When will Manning & Napier announce their earnings?
Manning & Napier is scheduled to release their next quarterly earnings announcement on Tuesday, April, 25th 2017.
What are analysts saying about Manning & Napier stock?
Here are some recent quotes from research analysts about Manning & Napier stock:
- Needham & Company LLC analysts commented, "Manning & Napier reported 4Q results that were slightly below consensus on revenue but above on EPS. AUM levels were down 11% Y/Y and 9% sequentially, due to both outflows and market depreciation. It was noted that investment performance suffered during 4Q due to underexposure to cyclicals in the rally following the election, eroding MN's performance advantage achieved through the first three quarters. It was also disclosed that MN received a cancellation notice from its largest client, which will lead to a $2.4 billion outflow at the end of 1Q. Despite signs of improved performance and AUM levels through January, we believe AUM will remain pressured going forward." (2/13/2017)
According to Zacks Investment Research, "Manning & Napier, Inc. operates as an investment advisor engaged in managing corporate and union pension and annuity funds, endowment funds, foundations, profit sharing plans and benefit plans. It offers equity and fixed income portfolios and a range of blended asset portfolios. The Company offers investment solutions through separately managed accounts, mutual funds, and collective investment trust funds. Manning & Napier, Inc. is headquartered in Fairport, New York. " (1/10/2017)
Who owns Manning & Napier stock?
Manning & Napier's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Renaissance Technologies LLC (0.00%), Royce & Associates LP (3.55%), Dimensional Fund Advisors LP (1.75%), State Street Corp (1.42%), Menta Capital LLC (0.00%) and GSA Capital Partners LLP (0.00%).
Who sold Manning & Napier stock? Who is selling Manning & Napier stock?
Manning & Napier's stock was sold by a variety of institutional investors in the last quarter, including Royce & Associates LP, GSA Capital Partners LLP, Two Sigma Investments LP, Renaissance Technologies LLC, Menta Capital LLC, Dimensional Fund Advisors LP and Martingale Asset Management L P.
Who bought Manning & Napier stock? Who is buying Manning & Napier stock?
Manning & Napier's stock was acquired by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd. and State Street Corp.
How do I buy Manning & Napier stock?
Shares of Manning & Napier can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Manning & Napier stock cost?
One share of Manning & Napier stock can currently be purchased for approximately $6.45.