Manning & Napier (MN) Stock Forecast, Price & News

Manning & Napier's stock was trading at $8.31 at the beginning of 2022. Since then, MN stock has increased by 53.2% and is now trading at $12.73.
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Manning & Napier saw a decrease in short interest in July. As of July 15th, there was short interest totaling 571,900 shares, a decrease of 42.6% from the June 30th total of 996,700 shares. Based on an average daily trading volume, of 253,900 shares, the days-to-cover ratio is presently 2.3 days. Currently, 4.2% of the company's shares are sold short.
View Manning & Napier's Short Interest.

Manning & Napier is scheduled to release its next quarterly earnings announcement on Wednesday, August 10th 2022.
View our earnings forecast for Manning & Napier.

Manning & Napier, Inc. (NYSE:MN) issued its quarterly earnings data on Tuesday, May, 10th. The asset manager reported $0.06 earnings per share (EPS) for the quarter. The asset manager had revenue of $35.55 million for the quarter. Manning & Napier had a net margin of 14.32% and a trailing twelve-month return on equity of 26.79%.

Manning & Napier declared a quarterly dividend on Friday, July 22nd. Shareholders of record on Friday, August 5th will be paid a dividend of $0.05 per share on Friday, August 19th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.57%. The ex-dividend date is Thursday, August 4th.
View Manning & Napier's dividend history.

Manning & Napier(NYSE:MN) pays an annual dividend of $0.20 per share and currently has a dividend yield of 1.57%. Manning & Napier does not yet have a strong track record of dividend growth. The dividend payout ratio of Manning & Napier is 20.41%. This payout ratio is at a healthy, sustainable level, below 75%.
View Manning & Napier's dividend history.

1 employees have rated Manning & Napier CEO Charles Stamey, Jeffrey Coons and Richard Goldberg on Glassdoor.com. Charles Stamey, Jeffrey Coons and Richard Goldberg has an approval rating of 100% among Manning & Napier's employees. This puts Charles Stamey, Jeffrey Coons and Richard Goldberg in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Manning & Napier investors own include Energy Transfer (ET), Cornerstone Total Return Fund (CRF), SandRidge Permian Trust (PER), CBL & Associates Properties (CBL), Cornerstone Strategic Value Fund (CLM), Martin Midstream Partners (MMLP), SunCoke Energy Partners (SXCP), Navios Maritime Midstream Partners (NAP), NGL Energy Partners (NGL) and BP Prudhoe Bay Royalty Trust (BPT).

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

Manning & Napier's stock is owned by a number of retail and institutional investors. Top institutional shareholders include W.G. Shaheen & Associates DBA Whitney & Co (0.16%), Los Angeles Capital Management LLC (0.10%), Horizon Wealth Management LLC (0.08%), Koss Olinger Consulting LLC (0.08%), HNP Capital LLC (0.05%) and Chicago Capital Management LLC (0.02%). Company insiders that own Manning & Napier stock include Aaron Thomas Mcgreevy, Christopher Pickett Briley, Ebrahim Busheri, Edward J Pettinella, Marc O Mayer and William Manning.
View institutional ownership trends for Manning & Napier.

Shares of MN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of MN stock can currently be purchased for approximately $12.73.

Manning & Napier (NYSE:MN) has a market capitalization of $235.12 million and generates $145.58 million in revenue each year. The asset manager earns $25.10 million in net income (profit) each year or $0.98 on an earnings per share basis.

Manning & Napier employs 270 workers across the globe.

Manning & Napier's mailing address is 290 WOODCLIFF DRIVE, FAIRPORT NY, 14450. The official website for Manning & Napier is www.manning-napier.com. The asset manager can be reached via phone at (585) 325-6880, via email at ssilva@prosek.com, or via fax at 585-325-5617.