Manning & Napier - MN Stock Forecast, Price & News

Manning & Napier's stock was trading at $8.31 at the start of the year. Since then, MN stock has increased by 53.4% and is now trading at $12.75.
View the best growth stocks for 2022 here.

Manning & Napier saw a drop in short interest during the month of July. As of July 15th, there was short interest totaling 571,900 shares, a drop of 42.6% from the June 30th total of 996,700 shares. Based on an average trading volume of 253,900 shares, the days-to-cover ratio is currently 2.3 days. Currently, 4.2% of the shares of the stock are sold short.
View Manning & Napier's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 26th 2022.
View our MN earnings forecast.

Manning & Napier, Inc. (NYSE:MN) announced its quarterly earnings data on Wednesday, October, 27th. The asset manager reported $0.30 EPS for the quarter, topping the consensus estimate of $0.13 by $0.17. The asset manager earned $37.54 million during the quarter. Manning & Napier had a net margin of 12.07% and a trailing twelve-month return on equity of 20.24%.

Manning & Napier announced a quarterly dividend on Friday, July 22nd. Investors 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 annualized dividend and a dividend yield of 1.57%. The ex-dividend date of this dividend is Thursday, August 4th.
Read our dividend analysis for MN.

Manning & Napier (NYSE:MN) pays an annual dividend of $0.20 per share and currently has a dividend yield of 1.57%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 25.00%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for MN.

1 employees have rated Manning & Napier Chief Executive Officer Charles Stamey, Jeffrey Coons and Richard Goldberg on Glassdoor.com. Charles Stamey, Jeffrey Coons and Richard Goldberg has an approval rating of 100% among the company'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 variety of institutional and retail investors. Top institutional investors include Renaissance Technologies LLC (6.07%), Gamco Investors INC. ET AL (3.47%), Millennium Management LLC (2.82%), State Street Corp (0.86%), Northern Trust Corp (0.71%) and UBS Group AG (0.34%). Insiders that own company stock include Aaron Thomas Mcgreevy, Christopher Pickett Briley, Ebrahim Busheri, Edward J Pettinella, Marc O Mayer and William Manning.
View institutional ownership trends.

Shares of MN stock 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.
Compare Top Brokerages Here.

One share of MN stock can currently be purchased for approximately $12.75.

Manning & Napier (NYSE:MN) has a market capitalization of $235.49 million and generates $145.58 million in revenue each year. The asset manager earns $25.10 million in net income (profit) each year or $0.80 on an earnings per share basis.

The company employs 270 workers across the globe.

Manning & Napier's mailing address is 290 WOODCLIFF DRIVE, FAIRPORT NY, 14450. The official website for the company 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.