Houlihan Lokey, Inc. (NYSE:HLI – Get Free Report) declared a quarterly dividend on Wednesday, July 29th. Investors of record on Tuesday, September 1st will be paid a dividend of 0.70 per share by the financial services provider on Tuesday, September 15th. This represents a c) annualized dividend and a yield of 2.2%. The ex-dividend date is Tuesday, September 1st.
Houlihan Lokey has increased its dividend payment by an average of 0.1%annually over the last three years and has raised its dividend every year for the last 9 years. Houlihan Lokey has a dividend payout ratio of 34.8% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Houlihan Lokey to earn $9.88 per share next year, which means the company should continue to be able to cover its $2.80 annual dividend with an expected future payout ratio of 28.3%.
Houlihan Lokey Stock Performance
HLI opened at $128.54 on Friday. The company has a market cap of $8.88 billion, a price-to-earnings ratio of 21.60, a PEG ratio of 1.18 and a beta of 0.95. Houlihan Lokey has a one year low of $112.83 and a one year high of $211.78. The business’s fifty day moving average is $139.93 and its two-hundred day moving average is $152.32.
Key Headlines Impacting Houlihan Lokey
Here are the key news stories impacting Houlihan Lokey this week:
- Positive Sentiment: Dividend maintained: Houlihan Lokey declared a quarterly dividend of $0.70 per share, payable September 15 to shareholders of record September 1. The dividend implies an annualized payout of $2.80 and a yield of approximately 2.3%.
- Positive Sentiment: Analysts still see upside: Morgan Stanley maintained an “overweight” rating with a $177 price target, while Keefe, Bruyette & Woods retained an “outperform” rating and set a $153 target. Both targets remain well above the recent trading level, suggesting analysts continue to see longer-term recovery potential.
- Neutral Sentiment: UBS remains cautious but not bearish: UBS lowered its price target from $161 to $147 and maintained a “neutral” rating. Although the target was reduced, it still implies potential upside from the recent share price. UBS Adjusts Houlihan Lokey Price Target
- Negative Sentiment: Large earnings and revenue misses: Fiscal first-quarter EPS was $1.35, below the $1.64 analyst consensus and down from $2.14 a year earlier. Revenue of $511 million missed estimates of $602.38 million and fell 15.6% year over year. The results point to weaker advisory activity and reduced near-term earnings momentum. Houlihan Lokey Misses Q1 Earnings and Revenue Estimates
- Negative Sentiment: Price targets were broadly reduced: Morgan Stanley cut its target from $187 to $177, KBW lowered its target from $160 to $153, and UBS reduced its target from $161 to $147. While ratings remain favorable or neutral, the coordinated cuts indicate analysts are adjusting expectations after the disappointing quarter.
About Houlihan Lokey
Houlihan Lokey, Inc is a global investment bank and financial services firm founded in 1972 and headquartered in Los Angeles, California. The company specializes in advisory services across a broad range of transaction types and financial matters. Since its founding, Houlihan Lokey has grown to serve corporations, financial sponsors, and government entities worldwide, providing expertise in complex and high-stakes engagements.
The firm’s core service offerings include mergers and acquisitions advisory, capital markets advisory, financial restructuring and distressed M&A, and valuation and fairness opinions.
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