Media headlines about Silvercrest Asset Management Group (NASDAQ:SAMG) have been trending somewhat positive this week, according to Accern. Accern rates the sentiment of media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Silvercrest Asset Management Group earned a news impact score of 0.24 on Accern’s scale. Accern also gave media coverage about the asset manager an impact score of 45.614707856303 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Separately, Sandler O’Neill restated a “buy” rating and set a $18.00 price objective on shares of Silvercrest Asset Management Group in a research note on Wednesday.
NASDAQ SAMG remained flat at $$15.50 on Friday. 9,190 shares of the company’s stock traded hands, compared to its average volume of 15,760. Silvercrest Asset Management Group has a twelve month low of $11.85 and a twelve month high of $16.80. The firm has a market cap of $203.29, a PE ratio of 16.21 and a beta of 1.06.
Silvercrest Asset Management Group (NASDAQ:SAMG) last announced its quarterly earnings data on Friday, March 9th. The asset manager reported $0.26 EPS for the quarter, beating the consensus estimate of $0.23 by $0.03. Silvercrest Asset Management Group had a net margin of 5.84% and a return on equity of 18.75%. The business had revenue of $24.47 million during the quarter.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 16th. Shareholders of record on Friday, March 9th were paid a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a yield of 3.61%. This is a boost from Silvercrest Asset Management Group’s previous quarterly dividend of $0.12. The ex-dividend date was Thursday, March 8th.
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About Silvercrest Asset Management Group
Silvercrest Asset Management Group Inc, a wealth management firm, provides financial advisory and related family office services in the United States. The company serves ultra-high net worth individuals and families, as well as their trusts; endowments; foundations; and other institutional investors.
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