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: Finance
  • Industry: Asset Management
  • Sub-Industry: Asset Management & Custody Banks
  • Symbol: NYSE:MN
  • CUSIP: 56382Q10
  • Web: www.manning-napier.com
Capitalization:
  • Market Cap: $71.5 million
  • Outstanding Shares: 15,053,000
Average Prices:
  • 50 Day Moving Avg: $5.33
  • 200 Day Moving Avg: $6.47
  • 52 Week Range: $4.70 - $10.34
P/E:
  • Trailing P/E Ratio: 8.08
  • Foreward P/E Ratio: 11.59
  • P/E Growth: -0.61
Sales & Book Value:
  • Annual Revenue: $242.38 million
  • Price / Sales: 0.29
  • Book Value: $10.80 per share
  • Price / Book: 0.44
Dividend:
  • Annual Dividend: $0.64
  • Dividend Yield: 6.6%
Profitability:
  • EBIDTA: $88.63 million
  • Net Margins: 3.64%
  • Return on Equity: 38.85%
  • Return on Assets: 23.96%
Debt:
  • Current Ratio: 3.47%
  • Quick Ratio: 3.47%
Misc:
  • Average Volume: 173,688 shs.
  • Beta: 1.37
  • Short Ratio: 9.97
 

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 declared a quarterly dividend on Friday, April 28th. Shareholders of record on Friday, July 14th will be paid a dividend of $0.08 per share on Tuesday, August 1st. This represents a $0.32 annualized dividend and a dividend yield of 6.74%. The ex-dividend date is Wednesday, July 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 Wednesday, May, 3rd. The company reported $0.13 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.15 by $0.02. The business earned $55.50 million during the quarter, compared to analyst estimates of $54.55 million. Manning and Napier had a return on equity of 38.85% and a net margin of 3.64%. Manning and Napier's quarterly revenue was down 10.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.18 earnings per share. View Manning and Napier's Earnings History.

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

4 brokers have issued 1 year target prices for Manning and Napier's stock. Their forecasts range from $6.00 to $8.00. On average, they anticipate Manning and Napier's share price to reach $7.00 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. " (5/11/2017)
  • 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
  • Ebrahim Busheri, Director - Investments
  • Richard B. Yates, Secretary, Chief Legal Officer
  • Richard Goldberg, Director
  • Barbara Goodstein, Independent Director
  • Edward J. Pettinella, Independent Director
  • Geoffrey Rosenberger, Independent Director

Who owns Manning and Napier stock?

Manning and Napier's stock is owned by a number of of retail and institutional investors. Top institutional investors include Ariel Investments LLC (8.55%), Renaissance Technologies LLC (7.21%), Mendon Capital Advisors Corp (6.03%), Vanguard Group Inc. (4.74%), Royce & Associates LP (3.55%) and Kennedy Capital Management Inc. (2.99%). View Institutional Ownership Trends for Manning and Napier.

Who sold Manning and Napier stock? Who is selling Manning and Napier stock?

Manning and Napier's stock was sold by a variety of institutional investors in the last quarter, including Ariel Investments LLC, Russell Investments Group Ltd., LSV Asset Management, Kennedy Capital Management Inc., TIAA CREF Investment Management LLC, Stifel Financial Corp and Martingale Asset Management L P. View Insider Buying and Selling for Manning and Napier.

Who bought Manning and Napier stock? Who is buying Manning and Napier stock?

Manning and Napier's stock was purchased by a variety of institutional investors in the last quarter, including Mendon Capital Advisors Corp, RMB Capital Management LLC, Geode Capital Management LLC, Menta Capital LLC, Wells Fargo & Company MN, UBS Group AG, Los Angeles Capital Management & Equity Research Inc. and Dimensional Fund Advisors LP. View Insider Buying and Selling for Manning and Napier.

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 $4.75.


MarketBeat Community Rating for Manning and Napier (NYSE MN)
Community Ranking:  1.0 out of 5 ()
Outperform Votes:  52 (Vote Outperform)
Underperform Votes:  219 (Vote Underperform)
Total Votes:  271
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) (?)
Ratings Breakdown: 1 Sell Rating, 2 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $7.00 (47.37% upside)

Analysts' Ratings History for Manning and Napier (NYSE:MN)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/20/2017ValuEngineUpgradeHold -> BuyLowView Rating Details
4/10/2017Keefe, Bruyette & WoodsReiterated RatingSell$6.00LowView Rating Details
2/13/2017Needham & Company LLCReiterated RatingHoldN/AView Rating Details
9/1/2016Credit Suisse Group AGReiterated 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 CorpReiterated RatingUnderperform$9.00 -> $8.00N/AView Rating Details
1/14/2016JPMorgan Chase & Co.Lower Price TargetUnderweight$8.00 -> $7.00N/AView Rating Details
10/15/2015Raymond James Financial, Inc.Reiterated RatingMarket PerformN/AView Rating Details
(Data available from 5/29/2015 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
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: $0.47 EPS
Next Year EPS Consensus Estimate: $0.41 EPS

Dividends

Current Dividend Information for Manning and Napier (NYSE:MN)
Next Dividend:8/1/2017
Annual Dividend:$0.64
Dividend Yield:13.47%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:104.92% (Trailing 12 Months of Earnings)
136.17% (Based on This Year's Estimates)
156.10% (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
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: 74.68%
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)
Latest Headlines for Manning and Napier (NYSE:MN)
Source:
DateHeadline
americanbankingnews.com logoManning and Napier Inc (MN) Upgraded to "Buy" at ValuEngine
www.americanbankingnews.com - May 21 at 8:38 PM
finance.yahoo.com logoETFs with exposure to Manning & Napier, Inc. : May 18, 2017
finance.yahoo.com - May 19 at 11:08 AM
finance.yahoo.com logoManning & Napier, Inc. :MN-US: Earnings Analysis: Q1, 2017 By the Numbers : May 17, 2017
finance.yahoo.com - May 17 at 6:31 PM
americanbankingnews.com logoManning and Napier Inc (MN) Expected to Announce Quarterly Sales of $51.49 Million
www.americanbankingnews.com - May 14 at 9:44 AM
americanbankingnews.com logoManning and Napier Inc (MN) Lowered to "Sell" at Zacks Investment Research
www.americanbankingnews.com - May 14 at 9:36 AM
streetinsider.com logoHennessy Advisor (HNNA) Confirms Acquisition of the Rainer U.S. Equity Funds
www.streetinsider.com - May 12 at 7:12 PM
americanbankingnews.com logoZacks: Brokerages Expect Manning and Napier Inc (MN) Will Announce Earnings of $0.12 Per Share
www.americanbankingnews.com - May 12 at 2:18 PM
finance.yahoo.com logoManning & Napier, Inc. Reports April 30, 2017 Assets Under Management
finance.yahoo.com - May 10 at 6:38 PM
seekingalpha.com logoManning & Napier's (MN) Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - May 5 at 9:30 AM
americanbankingnews.com logoManning and Napier (MN) Earns Coverage Optimism Score of -0.04
www.americanbankingnews.com - May 4 at 7:20 PM
finance.yahoo.com logoEdited Transcript of MN earnings conference call or presentation 3-May-17 9:00pm GMT
finance.yahoo.com - May 4 at 6:40 PM
americanbankingnews.com logoManning and Napier Inc (MN) Issues Earnings Results, Misses Expectations By $0.02 EPS
www.americanbankingnews.com - May 4 at 1:35 AM
americanbankingnews.com logoManning and Napier Inc (MN) Announces Earnings Results
www.americanbankingnews.com - May 4 at 1:11 AM
finance.yahoo.com logoManning & Napier, Inc. Reports First Quarter 2017 Earnings Results
finance.yahoo.com - May 3 at 8:11 PM
finance.yahoo.com logoManning & Napier posts 1Q profit
finance.yahoo.com - May 3 at 8:11 PM
americanbankingnews.com logoSomewhat Critical Press Coverage Extremely Likely to Affect Manning and Napier (MN) Stock Price
www.americanbankingnews.com - May 1 at 10:21 AM
americanbankingnews.com logoManning and Napier Inc (MN) Plans Quarterly Dividend of $0.08
www.americanbankingnews.com - April 28 at 11:16 PM
americanbankingnews.com logoManning and Napier (MN) Receives Daily Coverage Optimism Score of 0.22
www.americanbankingnews.com - April 28 at 12:24 AM
americanbankingnews.com logoManning and Napier (MN) Given Media Impact Score of 0.07
www.americanbankingnews.com - April 23 at 7:21 PM
americanbankingnews.com logoManning and Napier Inc (MN) Downgraded to "Hold" at Zacks Investment Research
www.americanbankingnews.com - April 23 at 5:38 PM
americanbankingnews.com logo Brokerages Anticipate Manning and Napier Inc (MN) Will Post Quarterly Sales of $53.34 Million
www.americanbankingnews.com - April 23 at 8:16 AM
americanbankingnews.com logo$0.14 Earnings Per Share Expected for Manning and Napier Inc (MN) This Quarter
www.americanbankingnews.com - April 21 at 9:10 PM
finance.yahoo.com logoManning & Napier, Inc. : MN-US: Dividend Analysis : April 14th, 2017 (record date) : By the numbers : April 17, 2017
finance.yahoo.com - April 17 at 5:49 PM
americanbankingnews.com logoManning and Napier (MN) Getting Somewhat Positive Press Coverage, Analysis Shows
www.americanbankingnews.com - April 17 at 3:57 PM
americanbankingnews.com logoManning and Napier Inc (MN) Lifted to Hold at Zacks Investment Research
www.americanbankingnews.com - April 15 at 9:51 AM
americanbankingnews.com logoSomewhat Positive Press Coverage Very Unlikely to Impact Manning and Napier (MN) Share Price
www.americanbankingnews.com - April 15 at 12:45 AM
americanbankingnews.com logoManning and Napier Inc (MN) Earns "Sell" Rating from Keefe, Bruyette & Woods
www.americanbankingnews.com - April 14 at 7:42 AM
finance.yahoo.com logoManning & Napier Advisors Buys Pampa Energia
finance.yahoo.com - April 13 at 12:34 AM
finance.yahoo.com logoManning & Napier, Inc. to Report First Quarter 2017 Results; Announces March 31, 2017 Assets Under Management
finance.yahoo.com - April 12 at 7:31 PM
americanbankingnews.com logoManning and Napier's (MN) "Sell" Rating Reiterated at Keefe, Bruyette & Woods
www.americanbankingnews.com - April 10 at 10:56 PM
americanbankingnews.com logoZacks Investment Research Lowers Manning and Napier Inc (MN) to Sell
www.americanbankingnews.com - April 8 at 10:33 PM
finance.yahoo.com logoETFs with exposure to Manning & Napier, Inc. : April 5, 2017
finance.yahoo.com - April 7 at 11:15 AM
americanbankingnews.com logoManning and Napier Inc (MN) Raised to Hold at Zacks Investment Research
www.americanbankingnews.com - April 1 at 2:16 PM
americanbankingnews.com logoManning and Napier Inc (MN) Rating Increased to Hold at Zacks Investment Research
www.americanbankingnews.com - March 27 at 8:26 AM
americanbankingnews.com logoManning and Napier Inc (MN) Lifted to "Hold" at Zacks Investment Research
www.americanbankingnews.com - March 25 at 6:25 PM
finance.yahoo.com logoBrief Study of Manning & Napier Unconstrained Bond S Fund (EXCPX)
finance.yahoo.com - March 24 at 8:08 AM
finance.yahoo.com logoMANNING & NAPIER, INC. Financials
finance.yahoo.com - March 22 at 6:41 PM
seekingalpha.com logoDividend Cut, Declining Revenue Makes Manning & Napier A Bargain
seekingalpha.com - March 21 at 11:32 PM
biz.yahoo.com logoMANNING & NAPIER, INC. Files SEC form 10-K, Annual Report
biz.yahoo.com - March 16 at 7:17 PM
americanbankingnews.com logoManning and Napier Inc (MN) Upgraded to Hold by Zacks Investment Research
www.americanbankingnews.com - March 11 at 10:27 PM
reuters.com logoBRIEF-Manning & Napier Inc reports preliminary AUM of $32.1 billion for February
www.reuters.com - March 10 at 7:51 PM
us.rd.yahoo.com logoManning & Napier, Inc. Reports February 28, 2017 Assets Under Management
us.rd.yahoo.com - March 10 at 9:49 AM
biz.yahoo.com logoMANNING & NAPIER, INC. Files SEC form 8-K, Other Events, Financial Statements and Exhibits
us.rd.yahoo.com - March 9 at 6:22 PM
seekingalpha.com logoManning & Napier's Price Near All-Time Lows With High Dividend Yield Opportunity
seekingalpha.com - March 7 at 11:23 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
finance.yahoo.com - February 21 at 6:21 PM
finance.yahoo.com logoManning & Napier, Inc. Reports January 31, 2017 Assets Under Management
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
finance.yahoo.com - February 10 at 7:28 PM
biz.yahoo.com logoQ4 2016 Manning & Napier Inc Earnings Release - After Market Close
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
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
us.rd.yahoo.com - February 9 at 7:38 PM

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Chart

Manning and Napier (MN) Chart for Monday, May, 29, 2017

This page was last updated on 5/29/2017 by MarketBeat.com Staff