Manning and Napier Company Profile (NYSE:MN)

About Manning and Napier (NYSE:MN)

Manning and 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: Financials
  • Industry: Investment Management
  • Sub-Industry: Asset Management & Custody Banks
  • Symbol: NYSE:MN
  • CUSIP: 56382Q10
  • Web: www.manningnapier.com/
Capitalization:
  • Market Cap: $58.05 million
  • Outstanding Shares: 15,079,000
Average Prices:
  • 50 Day Moving Avg: $3.80
  • 200 Day Moving Avg: $4.33
  • 52 Week Range: $3.00 - $8.15
P/E:
  • Trailing P/E Ratio: 7.13
  • Foreward P/E Ratio: 11.00
  • P/E Growth: -0.39
Sales & Book Value:
  • Annual Revenue: $229.41 million
  • Price / Sales: 0.25
  • Book Value: $10.78 per share
  • Price / Book: 0.36
Dividend:
  • Annual Dividend: $0.32
  • Dividend Yield: 8.4%
Profitability:
  • EBITDA: $80.46 million
  • Net Margins: 27.98%
  • Return on Equity: 3.91%
  • Return on Assets: 26.84%
Debt:
  • Current Ratio: 4.26%
  • Quick Ratio: 4.26%
Misc:
  • Average Volume: 111,054 shs.
  • Beta: 1.47
  • Short Ratio: 5.75
 

Frequently Asked Questions for Manning and Napier (NYSE:MN)

What is Manning and Napier's stock symbol?

Manning and Napier trades on the New York Stock Exchange (NYSE) under the ticker symbol "MN."

How often does Manning and Napier pay dividends? What is the dividend yield for Manning and Napier?

Manning and Napier announced a quarterly dividend on Friday, July 28th. Shareholders of record on Friday, October 13th will be given a dividend of $0.08 per share on Wednesday, November 1st. This represents a $0.32 dividend on an annualized basis and a yield of 8.31%. The ex-dividend date of this dividend is Thursday, October 12th. View Manning and Napier's Dividend History.

How were Manning and Napier's earnings last quarter?

Manning and Napier Inc (NYSE:MN) posted its earnings results on Tuesday, August, 1st. The company reported $0.12 earnings per share for the quarter, hitting the consensus estimate of $0.12. The business earned $51.53 million during the quarter, compared to the consensus estimate of $50.22 million. Manning and Napier had a net margin of 27.98% and a return on equity of 3.91%. The firm's revenue was down 20.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.17 EPS. View Manning and Napier's Earnings History.

When will Manning and Napier make its next earnings announcement?

Manning and Napier is scheduled to release their next quarterly earnings announcement on Tuesday, October, 24th 2017. View Earnings Estimates for Manning and Napier.

Where is Manning and Napier's stock going? Where will Manning and Napier's stock price be in 2017?

2 analysts have issued twelve-month target prices for Manning and Napier's stock. Their predictions range from $4.00 to $4.00. On average, they anticipate Manning and Napier's stock price to reach $4.00 in the next twelve months. View Analyst Ratings for Manning and Napier.

What are analysts saying about Manning and Napier stock?

Here are some recent quotes from research analysts about Manning and Napier stock:

  • 1. 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. " (10/11/2017)
  • 2. 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)

Who are some of Manning and Napier's key competitors?

Who are Manning and Napier's key executives?

Manning and Napier's management team includes the folowing people:

  • William Manning, Chairman of the Board, Chief Executive Officer
  • Jeffrey S. Coons, President
  • Beth H. Galusha, Principal Financial Officer
  • Charles H. Stamey, Executive Vice President and Managing Director of Sales
  • Marc D. Tommasi, Chief Investment Strategist
  • Christian Andreach, Co-Head of Global Equities
  • Ebrahim Busheri, Director - Investments
  • Richard B. Yates, Secretary, Chief Legal Officer
  • Joel C. Domino, Director
  • Richard Goldberg, Director

How do I buy Manning and Napier stock?

Shares of Manning and 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.

What is Manning and Napier's stock price today?

One share of Manning and Napier stock can currently be purchased for approximately $3.85.


MarketBeat Community Rating for Manning and Napier (NYSE MN)
Community Ranking:  1.3 out of 5 (star)
Outperform Votes:  90 (Vote Outperform)
Underperform Votes:  248 (Vote Underperform)
Total Votes:  338
MarketBeat's community ratings are surveys of what our community members think about Manning and Napier 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.

Analyst Ratings

Consensus Ratings for Manning and Napier (NYSE:MN) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $4.00 (3.90% upside)
Consensus Price Target History for Manning and Napier (NYSE:MN)
Price Target History for Manning and Napier (NYSE:MN)
Analysts' Ratings History for Manning and Napier (NYSE:MN)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/3/2017Keefe, Bruyette & WoodsReiterated RatingHold$4.00HighView Rating Details
2/13/2017Needham & Company LLCReiterated RatingHoldN/AView Rating Details
9/1/2016Credit Suisse GroupReiterated RatingHold$8.00N/AView Rating Details
4/12/2016Sandler O'NeillBoost Price Target$7.50 -> $8.00N/AView Rating Details
2/6/2016Bank of America CorporationReiterated RatingUnderperform$9.00 -> $8.00N/AView Rating Details
1/14/2016J P Morgan Chase & CoLower Price TargetUnderweight$8.00 -> $7.00N/AView Rating Details
(Data available from 10/23/2015 forward)

Earnings

Earnings History for Manning and Napier (NYSE:MN)
Earnings by Quarter for Manning and Napier (NYSE:MN)
Earnings History by Quarter for Manning and Napier (NYSE MN)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/24/2017$0.11N/AView Earnings Details
8/1/2017Q2 2017$0.12$0.12$50.22 million$51.53 millionViewListenView Earnings Details
5/3/2017Q1 2017$0.15$0.13$54.55 million$55.50 millionViewListenView Earnings Details
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$0.31$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 and Napier (NYSE:MN)
Current Year EPS Consensus Estimate: $0.46 EPS
Next Year EPS Consensus Estimate: $0.35 EPS

Dividends

Current Dividend Information for Manning and Napier (NYSE:MN)
Next Dividend:11/1/2017
Annual Dividend:$0.32
Dividend Yield:8.31%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:60.38% (Trailing 12 Months of Earnings)
69.57% (Based on This Year's Estimates)
91.43% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Manning and Napier (NYSE:MN)

Dividend History by Quarter for Manning and Napier (NYSE MN)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/28/2017quarterly$0.087.9%10/12/201710/13/201711/1/2017
4/28/2017quarterly$0.085.52%7/12/20177/14/20178/1/2017
3/10/2017quarterly$0.085.47%4/11/20174/14/20175/1/2017
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 and Institutional Ownership History for Manning and Napier (NYSE:MN)
Insider Ownership Percentage: 2.50%
Institutional Ownership Percentage: 57.02%
Insider Trades by Quarter for Manning and Napier (NYSE:MN)
Institutional Ownership by Quarter for Manning and Napier (NYSE:MN)
Insider Trades by Quarter for Manning and Napier (NYSE:MN)
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

Headline Trends for Manning and Napier (NYSE:MN)
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Chart

Manning and Napier (MN) Chart for Monday, October, 23, 2017

This page was last updated on 10/23/2017 by MarketBeat.com Staff

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