News coverage about Silvercrest Asset Management Group (NASDAQ:SAMG) has been trending positive recently, Accern Sentiment Analysis reports. The research firm identifies positive and negative media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Silvercrest Asset Management Group earned a media sentiment score of 0.41 on Accern’s scale. Accern also assigned news headlines about the asset manager an impact score of 45.7494312344978 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Shares of Silvercrest Asset Management Group (NASDAQ SAMG) traded up $0.05 during mid-day trading on Friday, reaching $16.00. 13,508 shares of the company’s stock traded hands, compared to its average volume of 21,065. The stock has a market cap of $210.56, a PE ratio of 19.51 and a beta of 1.29. Silvercrest Asset Management Group has a 1-year low of $11.85 and a 1-year high of $16.80.
Silvercrest Asset Management Group (NASDAQ:SAMG) last announced its quarterly earnings results on Wednesday, November 1st. The asset manager reported $0.24 EPS for the quarter, hitting the consensus estimate of $0.24. The business had revenue of $22.85 million for the quarter. Silvercrest Asset Management Group had a net margin of 7.61% and a return on equity of 17.71%.
The business also recently declared a quarterly dividend, which was paid on Friday, December 22nd. Shareholders of record on Friday, December 15th were paid a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 3.00%. The ex-dividend date was Thursday, December 14th. Silvercrest Asset Management Group’s payout ratio is currently 58.54%.
In other Silvercrest Asset Management Group news, major shareholder Marital Trust Under Article 7T sold 2,500 shares of the business’s stock in a transaction on Thursday, October 19th. The shares were sold at an average price of $14.51, for a total value of $36,275.00. Following the sale, the insider now owns 927,003 shares in the company, valued at approximately $13,450,813.53. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. In the last quarter, insiders sold 285,950 shares of company stock worth $4,278,364. Corporate insiders own 9.56% of the company’s stock.
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About Silvercrest Asset Management Group
Silvercrest Asset Management Group Inc (Silvercrest) is a full-service wealth management firm focused on providing financial advisory and related family office services to ultra-high net worth individuals and institutional investors. The Company offers a suite of family office services for families seeking oversight of financial affairs.
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