Manning & Napier Company Profile (NYSE:MN)

About Manning & Napier

Manning & Napier logoManning & 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
Key Metrics:
  • 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
Profitability:
  • Net Margins: 3.64%
  • Return on Equity: 38.85%
  • Return on Assets: 23.96%
Debt:
  • Current Ratio: 3.47%
  • Quick Ratio: 3.47%
Additional Links:
Companies Related to Manning & Napier:

Analyst Ratings

Consensus Ratings for Manning & Napier (NYSE:MN) (?)
Ratings Breakdown: 1 Sell Rating, 2 Hold Ratings
Consensus Rating:Hold (Score: 1.67)
Consensus Price Target: $7.67 (18.86% upside)

Analysts' Ratings History for Manning & Napier (NYSE:MN)
Show:
DateFirmActionRatingPrice TargetDetails
2/13/2017Needham & Company LLCReiterated RatingHoldView Rating Details
10/27/2016Keefe, Bruyette & WoodsDowngradeMarket Perform -> Underperform$7.75 -> $7.00View Rating Details
9/1/2016Credit Suisse GroupReiterated RatingHold$8.00View Rating Details
4/12/2016Sandler O'NeillBoost Price Target$7.50 -> $8.00View Rating Details
2/6/2016Bank of America CorpReiterated RatingUnderperform$9.00 -> $8.00View Rating Details
1/14/2016J P Morgan Chase & CoLower Price TargetUnderweight$8.00 -> $7.00View Rating Details
10/15/2015Raymond James Financial, Inc.Reiterated RatingMarket PerformView Rating Details
(Data available from 2/24/2015 forward)

Earnings

Earnings History for Manning & Napier (NYSE:MN)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/25/2017        
2/9/2017Q416$0.16$0.16$61.20 million$59.10 millionViewListenView Earnings Details
10/26/2016Q316$0.18$0.16$67.25 million$63.31 millionViewListenView Earnings Details
7/27/2016Q216$0.18$0.17$65.81 million$67.54 millionViewListenView Earnings Details
4/27/2016Q116$0.17$0.18$65.50 million$64.50 millionViewListenView Earnings Details
2/3/2016Q415$0.21$0.20$72.70 million$72.49 millionViewN/AView Earnings Details
10/28/2015Q315$0.23$0.21$80.24 million$77.93 millionViewListenView Earnings Details
7/29/2015Q2$0.28$0.24$87.40 million$87.00 millionViewListenView Earnings Details
4/29/2015Q115$0.28$0.28$93.20 million$90.43 millionViewListenView Earnings Details
2/4/2015Q414$0.30$0.30$101.85 million$98.30 millionViewN/AView Earnings Details
10/29/2014Q314$0.31$0.31$105.00 million$104.80 millionViewN/AView Earnings Details
7/30/2014Q214$0.31$0.30$102.91 million$103.90 millionViewN/AView Earnings Details
4/30/2014Q114$0.29$0.29$99.19 million$98.50 millionViewN/AView Earnings Details
2/12/2014Q4$0.31$0.28$97.66 million$98.20 millionViewN/AView Earnings Details
10/30/2013Q313$0.30$0.30$91.76 million$94.60 millionViewN/AView Earnings Details
7/31/2013Q2 2013$0.30$0.30$93.01 million$92.97 millionViewN/AView Earnings Details
5/1/2013Q1 2013$0.28$0.28$89.71 million$90.30 millionViewN/AView Earnings Details
2/13/2013Q4 2012$0.28$0.28$88.12 million$87.10 millionViewN/AView Earnings Details
10/31/2012Q312$0.28$0.27$90.13 million$85.40 millionViewN/AView Earnings Details
8/1/2012$0.28$0.25ViewN/AView Earnings Details
5/2/2012$0.26$0.28ViewN/AView Earnings Details
2/15/2012$0.24$0.27ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Manning & Napier (NYSE:MN)
Current Year EPS Consensus Estimate: $0.55 EPS
Next Year EPS Consensus Estimate: $0.50 EPS

Dividends

Current Dividend Information for Manning & Napier (NYSE:MN)
Annual Dividend:$0.64
Dividend Yield:9.92%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:104.92% (Based on Trailing 12 Months of Earnings)
116.36% (Based on Current Year Consensus EPS Estimate)
128.00% (Based on Next Year Consensus EPS Estimate)

Dividend History for Manning & Napier (NYSE:MN)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
10/27/2016Quarterly$0.161/11/20171/13/20172/1/2017
7/28/2016Quarterly$0.1610/12/201610/14/201611/1/2016
4/28/2016Quarterly$0.167/13/20167/15/20168/1/2016
3/4/2016Quarterly$0.164/13/20164/15/20165/2/2016
2/3/2016$0.183/2/20163/4/20163/25/2016
11/4/2015Quarterly$0.161/13/20161/15/20162/1/2016
8/10/2015$0.1610/13/201510/15/201511/2/2015
5/8/2015quarterly$0.166.02%7/13/20157/15/20158/3/2015
3/11/2015quarterly$0.165.49%4/13/20154/15/20155/1/2015
10/29/2014special$0.084.06%1/13/20151/15/20152/2/2015
8/7/2014quarterly$0.163.68%10/10/201410/15/201411/3/2014
5/7/2014quarterly$0.164.02%7/11/20147/15/20148/1/2014
3/10/2014quarterly$0.164.26%4/11/20144/15/20145/1/2014
10/30/2013special$0.083.62%1/13/20141/15/20142/3/2014
10/29/2013quarterly$0.163.62%1/13/20141/15/20142/3/2014
8/9/2013quarterly$0.163.8%10/10/201310/15/201311/1/2013
5/7/2013quarterly$0.163.41%7/11/20137/15/20138/1/2013
3/11/2013quarterly$0.164.22%4/11/20134/15/20135/1/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Manning & Napier (NYSE:MN)
Insider Ownership Percentage: 2.50%
Institutional Ownership Percentage: 74.68%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/13/2016Geoffrey RosenbergerDirectorBuy10,000$9.02$90,200.00View SEC Filing  
2/20/2013Robert M ZakDirectorBuy5,000$15.54$77,700.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Manning & Napier (NYSE:MN)
DateHeadline
4-traders.com logoPurcell Julie & Lefkowitz LLP Is Investigating Manning & Napier, Inc. for Potential Breaches Of Fiduciary Duty By Its Board of Directors (NYSE:MN)
www.4-traders.com - February 22 at 11:45 PM
finance.yahoo.com logoSHAREHOLDER ALERT: Purcell Julie & Lefkowitz LLP Is Investigating Manning & Napier, Inc. for Potential Breaches Of Fiduciary Duty By Its Board of Directors (NYSE:MN)
finance.yahoo.com - February 21 at 6:21 PM
capitalcube.com logoManning & Napier, Inc. :MN-US: Earnings Analysis: 2016 By the Numbers : February 14, 2017 (NYSE:MN)
www.capitalcube.com - February 14 at 8:10 PM
finance.yahoo.com logoManning & Napier, Inc. Reports January 31, 2017 Assets Under Management (NYSE:MN)
finance.yahoo.com - February 10 at 7:28 PM
finance.yahoo.com logo8:03 am Manning & Napier Advisors reports prelim AUM of $32.0 bln compared with $31.7 bln at Dec 31, 2016 (NYSE:MN)
finance.yahoo.com - February 10 at 7:28 PM
biz.yahoo.com logoQ4 2016 Manning & Napier Inc Earnings Release - After Market Close (NYSE:MN)
us.rd.yahoo.com - February 9 at 7:38 PM
us.rd.yahoo.com logoManning & Napier, Inc. Reports Fourth Quarter and Full Year 2016 Earnings Results (NYSE:MN)
us.rd.yahoo.com - February 9 at 7:38 PM
biz.yahoo.com logoMANNING & NAPIER, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Ex (NYSE:MN)
us.rd.yahoo.com - February 9 at 7:38 PM
sg.finance.yahoo.com logoManning & Napier posts 4Q profit (NYSE:MN)
sg.finance.yahoo.com - February 9 at 7:38 PM
finance.yahoo.com logoManning & Napier February 2017 Perspective (NYSE:MN)
finance.yahoo.com - February 8 at 7:26 PM
finance.yahoo.com logoManning & Napier Slashes SLM Stake as Market Price Soars (NYSE:MN)
finance.yahoo.com - February 2 at 7:25 PM
thestreet.com logoTesco Faces Fresh Investor Suit Over 2014 Scandal (NYSE:MN)
www.thestreet.com - January 25 at 8:01 PM
finance.yahoo.com logoManning & Napier 4th Quarter International Perspective (NYSE:MN)
finance.yahoo.com - January 25 at 8:01 PM
sg.finance.yahoo.com logoTesco faces new legal action over accounting scandal (NYSE:MN)
sg.finance.yahoo.com - January 24 at 7:20 PM
News IconAcadia Healthcare Company, Inc. (ACHC) Stake Increased by Manning & Napier Advisors LLC (NYSE:MN)
prensariotiretail.com - January 14 at 11:43 PM
us.rd.yahoo.com logoManning & Napier, Inc. to Report Fourth Quarter 2016 Results; Announces December 31, 2016 Assets Under Management (NYSE:MN)
us.rd.yahoo.com - January 13 at 12:09 AM
biz.yahoo.com logoMANNING & NAPIER, INC. Files SEC form 8-K, Change in Directors or Principal Officers (NYSE:MN)
biz.yahoo.com - January 11 at 7:12 PM
finance.yahoo.com logoManning & Napier: January 2017 Perspective (NYSE:MN)
finance.yahoo.com - January 10 at 7:29 PM
finance.yahoo.com logoFinancials and Industrials Show Strong Returns Post-Election - Manning & Napier (NYSE:MN)
finance.yahoo.com - January 9 at 7:19 PM
biz.yahoo.com logoMANNING & NAPIER, INC. Files SEC form 8-K, Termination of a Material Definitive Agreement (NYSE:MN)
biz.yahoo.com - January 9 at 7:19 PM
News IconInterested in Manning & Napier Inc (MN)’s upcoming $0.16 dividend? You have 6 days left (NYSE:MN)
simplywall.st - January 4 at 4:41 PM
finance.yahoo.com logoManning & Napier (MN) in Focus: Stock Moves 5.2% Higher (NYSE:MN)
finance.yahoo.com - December 19 at 10:25 AM
us.rd.yahoo.com logoManning & Napier, Inc. Reports November 30, 2016 Assets Under Management (NYSE:MN)
us.rd.yahoo.com - December 13 at 9:38 AM
us.rd.yahoo.com logo4:08 pm Manning & Napier Advisors November AUM $33.3 bln (-2.8% from October) (NYSE:MN)
us.rd.yahoo.com - December 13 at 9:38 AM
insidermonkey.com logoDo Hedge Funds Love Manning and Napier Inc (MN)? (NYSE:MN)
www.insidermonkey.com - December 11 at 9:57 AM
4-traders.com logoManning and Napier : Two Manning & Napier Funds Make Schwab Mutual Fund OneSource Select List® for Q4 2016 (NYSE:MN)
www.4-traders.com - November 30 at 11:22 AM
finance.yahoo.com logoManning & Napier Launches "Evolutionary Fiduciary" Campaign (NYSE:MN)
finance.yahoo.com - November 15 at 9:53 AM
publicnow.com logoManning & Napier Launches “Evolutionary Fiduciary” Campaign (NYSE:MN)
www.publicnow.com - November 15 at 9:53 AM
News IconManning & Napier, Inc. Reports October 31, ... (NYSE:MN)
ih.advfn.com - November 10 at 5:53 PM
finance.yahoo.com logoManning & Napier, Inc. Reports October 31, 2016 Assets Under Management (NYSE:MN)
finance.yahoo.com - November 10 at 5:53 PM
feeds.reuters.com logoBRIEF-Manning & Napier preliminary AUM $33.3 bln at Oct 31, 2016 compared with $34.8 bln at Sept 30 (NYSE:MN)
feeds.reuters.com - November 10 at 4:25 PM
biz.yahoo.com logoMANNING & NAPIER, INC. Files SEC form 10-Q, Quarterly Report (NYSE:MN)
biz.yahoo.com - November 7 at 6:47 PM
News IconCommit To Buy Manning & Napier At $5, Earn 11.3% Annualized Using Options (NYSE:MN)
www.stockoptionschannel.com - November 4 at 5:36 PM
capitalcube.com logoETF’s with exposure to Manning & Napier, Inc. : October 31, 2016 (NYSE:MN)
www.capitalcube.com - October 31 at 6:16 PM
News IconManning & Napier Inc. (MN) Stock Price Down 7.1% After Earnings Miss (NYSE:MN)
www.perspectivabetica.com - October 29 at 5:55 PM
capitalcube.com logoManning & Napier, Inc. :MN-US: Earnings Analysis: Q3, 2016 By the Numbers : October 28, 2016 (NYSE:MN)
www.capitalcube.com - October 28 at 5:59 PM
4-traders.com logoManning and Napier : & Napier misses 3Q profit forecasts (NYSE:MN)
www.4-traders.com - October 28 at 9:52 AM
News IconManning & Napier reports decline in Q3 economic net income (NYSE:MN)
www.rbj.net - October 27 at 6:17 PM
benzinga.com logoManning & Napier's Dividend Could Be At Risk As Q3 Results Come In Below Expectations (NYSE:MN)
www.benzinga.com - October 27 at 6:17 PM
finance.yahoo.com logoManning & Napier Advisors downgraded by Keefe Bruyette (NYSE:MN)
finance.yahoo.com - October 27 at 6:17 PM
finance.yahoo.com logoEdited Transcript of MN earnings conference call or presentation 26-Oct-16 9:00pm GMT (NYSE:MN)
finance.yahoo.com - October 27 at 11:01 AM
sg.finance.yahoo.com logoManning & Napier misses 3Q profit forecasts (NYSE:MN)
sg.finance.yahoo.com - October 26 at 6:12 PM
publicnow.com logoManning & Napier, Inc. Announces Quarterly Dividend (NYSE:MN)
www.publicnow.com - October 26 at 6:12 PM
publicnow.com logoManning & Napier, Inc. Reports Third Quarter 2016 Earnings Results (NYSE:MN)
www.publicnow.com - October 26 at 6:12 PM
biz.yahoo.com logoQ3 2016 Manning & Napier Inc Earnings Release - After Market Close (NYSE:MN)
biz.yahoo.com - October 26 at 9:34 AM
finance.yahoo.com logoManning & Napier to Present at Pensions & Investments West Coast Defined Contribution Conference (NYSE:MN)
finance.yahoo.com - October 25 at 11:17 AM
finance.yahoo.com logoAsk Manning & Napier's Fiduciary Experts at Schwab IMPACT® 2016 (NYSE:MN)
finance.yahoo.com - October 25 at 11:17 AM
finance.yahoo.com logoInvestment Managers Queued Up for Earnings: BEN, MN, CG (NYSE:MN)
finance.yahoo.com - October 25 at 11:17 AM
capitalcube.com logoManning & Napier, Inc. : MN-US: Dividend Analysis : October 14th, 2016 (record date) : By the numbers : October 19, 2016 (NYSE:MN)
www.capitalcube.com - October 19 at 6:31 PM
finance.yahoo.com logoManning & Napier 3rd Quarter 2016 International Perspective (NYSE:MN)
finance.yahoo.com - October 17 at 6:04 PM

Social

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.

Manning & Napier (NYSE:MN) Chart for Friday, February, 24, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Manning & Napier (NYSE:MN)

Earnings History Chart

Earnings by Quarter for Manning & Napier (NYSE:MN)

Dividend History Chart

Dividend Payments by Quarter for Manning & Napier (NYSE:MN)

Last Updated on 2/24/2017 by MarketBeat.com Staff