NYSE:PZN

Pzena Investment Management - PZN Stock Forecast, Price & News

$9.45

-0.01 (-0.11%)

(As of 10/7/2022 03:04 PM ET)

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Today's Range: $9.44
▼
$9.46
50-Day Range: $9.43
▼
$9.61
52-Week Range: $6.07
▼
$11.75

Volume: 5,763 shs
Average Volume: 91,393 shs
Market Capitalization: $698.26 million

P/E Ratio: 11.52
Dividend Yield: 1.27%
Price Target: N/A

Pzena Investment Management MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
1.48% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: -0.38
Upright™ Environmental Score
News Sentiment: 0.00
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.59 out of 5 stars

Finance Sector

822nd out of 882 stocks

Investment Advice Industry

46th out of 49 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Pzena Investment Management.

3.0

Short Interest

Percentage of Shares Shorted
1.48% of the float of Pzena Investment Management has been sold short.
Short Interest Ratio / Days to Cover
Pzena Investment Management has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Pzena Investment Management has recently increased by 14.50%, indicating that investor sentiment is decreasing significantly.

1.7

Dividend Strength

Dividend Yield
Pzena Investment Management pays a meaningful dividend of 1.27%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Pzena Investment Management does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Pzena Investment Management is 14.63%. This payout ratio is at a healthy, sustainable level, below 75%.

2.3

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Pzena Investment Management has received a 8.73% net impact score from Upright. The largest positive contribution comes from its "Distributing knowledge" impact, which is mostly driven by its "Mutual funds", "Hedge funds", and "Personal investment advisory services" products. See details.
Environmental Sustainability
The Environmental Impact score for Pzena Investment Management is -0.38.

0.0

News and Social Media Coverage

News Coverage This Week
MarketBeat has tracked 2 news articles for Pzena Investment Management this week, compared to 1 article on an average week.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Pzena Investment Management insiders have not sold or bought any company stock.
Percentage Held by Insiders
53.61% of the stock of Pzena Investment Management is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 14.93% of the stock of Pzena Investment Management is held by institutions.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Pzena Investment Management is 11.54, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.66.
Price to Earnings Ratio vs. Sector
The P/E ratio of Pzena Investment Management is 11.54, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 159.12.
Price to Book Value per Share Ratio
Pzena Investment Management has a P/B Ratio of 3.85. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Pzena Investment Management (NYSE:PZN) Stock

Pzena Investment Management, Inc. is a employee owned investment manager. The firm manages equity mutual funds for its clients. It invests in the public equity markets. The firm provides its services to Individuals, high net worth individuals, investment companies, pooled investment vehicles, charitable organizations, pension and profit sharing plans, state or municipal government entities, charitable organizations, other investment advisers, insurance companies, sovereign wealth funds and foreign official institutions, corporations or other businesses. The firm uses a combination of fundamental analysis to make its investments. The firm employs a combination of in-house and external research to make its investments. Pzena Investment Management, Inc. was founded in 1995 and is based in New York City with additional offices in Melbourne, Australia and London, United Kingdom.

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PZN Stock News Headlines

October 6, 2022 | cnbc.com

21. Acropolis Investment Management

October 1, 2022 | americanbankingnews.com

Pzena Investment Management (NYSE:PZN) Sees Large Volume Increase

September 28, 2022 | benzinga.com

PZN Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Pzena Investment Management, Inc. Is Fair to Shareholders

September 21, 2022 | finance.yahoo.com

Pzena Investment Management, Inc. (PZN)

September 8, 2022 | finance.yahoo.com

Pzena Investment Management, Inc. Announces August 31, 2022 Assets Under Management

September 7, 2022 | benzinga.com

Pzena Investment Management Stock: Pzena Shareholders May Have Legal Claims - Kehoe Law Firm, P.C.

September 4, 2022 | marketwatch.com

Pzena Inves-Cl A Down -8.4% Since SmarTrend Downtrend Call (PZN)

September 3, 2022 | 247wallst.com

Punch & Associates Discloses 12% Stake in Pzena and Objects to Privatization Offer

August 20, 2022 | marketwatch.com

Pzena Inves-Cl A Down -8.5% Since SmarTrend Downtrend Call (PZN)

August 9, 2022 | benzinga.com

Shareholder Alert - The M&A Class Action Firm Announces the Investigation of Pzena Investment Management, Inc. - PZN

August 8, 2022 | finance.yahoo.com

Pzena Investment Management, Inc. Announces July 31, 2022 Assets Under Management

August 8, 2022 | finance.yahoo.com

Pzena Investment Management, Inc. Announces July 31, 2022 Assets Under Management

August 3, 2022 | apnews.com

Labaton Sucharow Researching Possible Securities Law Violations - Pzena Investment Management Inc. (PZN)

August 1, 2022 | tmcnet.com

INVESTIGATION ALERT: Scott+Scott Attorneys at Law LLP Investigates Pzena Investment Management, Inc.'s Directors for Breach of Fiduciary Duties - PZN

July 29, 2022 | seekingalpha.com

Pzena Investment Management Q2 2022 Commentary

July 27, 2022 | seekingalpha.com

Pzena Investment Management: Buyout At 49% Premium, Company Going Private

July 27, 2022 | apnews.com

Kaskela Law LLC Announces Stockholder Investigation of Pzena Investment Management, Inc. Buyout and Encourages Investors to Contact the Firm – PZN

July 27, 2022 | fool.com

Why Shares of Pzena Investment Management Are Surging Today

July 27, 2022 | apnews.com

PZENA (PZN) SHAREHOLDER ALERT - Andrews & Springer LLC Is Seeking More Cash for Shareholders of Pzena Investment Management, Inc.

July 26, 2022 | finance.yahoo.com

Pzena Investment Management, Inc. to Become Private Company and Reports Results for the Second Quarter of 2022

July 13, 2022 | benzinga.com

Pzena Investment Management, Inc. Announces Second Quarter 2022 Earnings Conference Call

July 12, 2022 | seekingalpha.com

Pzena Investment Management records ~11% sequential decline in June AUM

July 8, 2022 | finance.yahoo.com

Pzena Investment Management, Inc. Announces June 30, 2022 Assets Under Management and Flows for the Second Quarter of 2022

June 8, 2022 | finance.yahoo.com

Shareholders in Pzena Investment Management (NYSE:PZN) are in the red if they invested a year ago

June 7, 2022 | finance.yahoo.com

Pzena Investment Management, Inc. Announces May 31, 2022 Assets Under Management

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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PZN Company Calendar

Last Earnings: 7/26/2022
Ex-Dividend for 8/19 Dividend: 8/04/2022
Dividend Payable: 8/19/2022
Today: 10/07/2022
Next Earnings (Estimated): 10/18/2022
Fiscal Year End: 12/31/2022

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Investment advice
Sub-Industry: Asset Management & Custody Banks
Sector: Finance
Current Symbol: NYSE:PZN
CUSIP: 74731Q10
CIK: 1399249
Web: www.pzena.com
Phone: (212) 355-1600
Fax: 212-308-0010
Employees: 143
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $0.82
Trailing P/E Ratio: 11.52
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $18.68 million
Net Margins: 7.46%
Pretax Margin: 49.43%
Return on Equity: 10.20%
Return on Assets: 6.22%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 2.92
Quick Ratio: 2.92

Sales & Book Value

Annual Sales: $199.33 million
Price / Sales: 3.50
Cash Flow: $0.27 per share
Price / Cash Flow: 34.54
Book Value: $2.46 per share
Price / Book: 3.84

Miscellaneous

Outstanding Shares: 73,890,000
Free Float: 34,279,000
Market Cap: $698.26 million
Optionable: Optionable
Beta: 1.28

Key Executives

Mr. Richard Stanton Pzena (Age 63)
Chairman, CEO & Co-Chief Investment Officer
Comp: $1.89M

Mr. John Paul Goetz (Age 64)
Pres, Co-Chief Investment Officer & Director
Comp: $3.53M

Mr. William Louis Lipsey (Age 63)
Pres, Head of Bus. Devel. & Client Service and Director
Comp: $2.93M

Ms. Jessica Ryan Doran (Age 40)
Managing Principal, CFO & Treasurer

Mr. Evan Keith Fire (Age 46)
Chief Operating Officer

Ms. Joan Frances Berger
Gen. Counsel & Corp. Sec.

Ms. Caroline Cai CFA
EVP, Co-Portfolio Mang. of Global, Intl., European & Emerging Markets Strategies & Director

Ms. Topalli V. Murti
Principal & Portfolio Mang.

Mr. Eli Rabinowich
Principal

Mr. Rakesh Bordia
Principal & Portfolio Mang.

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

PZN Stock - Frequently Asked Questions

How have PZN shares performed in 2022?: Pzena Investment Management's stock was trading at $9.47 at the beginning of the year. Since then, PZN stock has decreased by 0.1% and is now trading at $9.46.
View the best growth stocks for 2022 here.
When is Pzena Investment Management's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 18th 2022.
View our PZN earnings forecast.
How were Pzena Investment Management's earnings last quarter?: Pzena Investment Management, Inc. (NYSE:PZN) posted its earnings results on Tuesday, July, 26th. The asset manager reported $0.15 EPS for the quarter. The asset manager earned $48.70 million during the quarter. Pzena Investment Management had a net margin of 7.46% and a trailing twelve-month return on equity of 10.20%.
How often does Pzena Investment Management pay dividends? What is the dividend yield for Pzena Investment Management?: Pzena Investment Management announced a quarterly dividend on Tuesday, July 26th. Investors of record on Friday, August 5th will be paid a dividend of $0.03 per share on Friday, August 19th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 1.27%. The ex-dividend date of this dividend is Thursday, August 4th.
Read our dividend analysis for PZN.
Is Pzena Investment Management a good dividend stock?: Pzena Investment Management (NYSE:PZN) pays an annual dividend of $0.12 per share and currently has a dividend yield of 1.27%. The dividend payout ratio is 14.63%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for PZN.
What is Richard S. Pzena's approval rating as Pzena Investment Management's CEO?: 12 employees have rated Pzena Investment Management Chief Executive Officer Richard S. Pzena on Glassdoor.com. Richard S. Pzena has an approval rating of 100% among the company's employees. This puts Richard S. Pzena in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Pzena Investment Management own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Pzena Investment Management investors own include CA (CA), Endologix (ELGX), BlackRock (BLK), Energy Transfer (ET), Chipotle Mexican Grill (CMG), NIC (EGOV), Transocean (RIG), Aegean Marine Petroleum Network (ANW), Athabasca Oil (ATH) and Zoetis (ZTS).
What is Pzena Investment Management's stock symbol?: Pzena Investment Management trades on the New York Stock Exchange (NYSE) under the ticker symbol "PZN."
Who are Pzena Investment Management's major shareholders?: Pzena Investment Management's stock is owned by a variety of institutional and retail investors. Top institutional investors include Cacti Asset Management LLC (0.77%). Insiders that own company stock include Chenyu Caroline Cai and Richard Stanton Pzena.
View institutional ownership trends.
How do I buy shares of Pzena Investment Management?: Shares of PZN 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.
What is Pzena Investment Management's stock price today?: One share of PZN stock can currently be purchased for approximately $9.46.
How much money does Pzena Investment Management make?: Pzena Investment Management (NYSE:PZN) has a market capitalization of $699.03 million and generates $199.33 million in revenue each year. The asset manager earns $18.68 million in net income (profit) each year or $0.82 on an earnings per share basis.
How many employees does Pzena Investment Management have?: The company employs 143 workers across the globe.
How can I contact Pzena Investment Management?: Pzena Investment Management's mailing address is 320 PARK AVENUE, NEW YORK NY, 10022. The official website for the company is www.pzena.com. The asset manager can be reached via phone at (212) 355-1600, via email at bachman@pzena.com, or via fax at 212-308-0010.

This page (NYSE:PZN) was last updated on 10/7/2022 by MarketBeat.com Staff

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Pzena Investment Management - PZN Stock Forecast, Price & News

Pzena Investment Management MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month