Manning and Napier (NYSE:MN) Receives Media Sentiment Score of 0.09

Media headlines about Manning and Napier (NYSE:MN) have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies positive and negative press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Manning and Napier earned a coverage optimism score of 0.09 on Accern’s scale. Accern also gave news coverage about the asset manager an impact score of 45.4524136661657 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

Shares of Manning and Napier (NYSE MN) traded down $0.20 during trading on Tuesday, reaching $3.80. 70,700 shares of the company’s stock traded hands, compared to its average volume of 106,956. Manning and Napier has a one year low of $3.00 and a one year high of $7.64. The company has a market cap of $59.41, a PE ratio of 16.52, a price-to-earnings-growth ratio of 1.46 and a beta of 1.53.

Manning and Napier (NYSE:MN) last issued its earnings results on Wednesday, November 1st. The asset manager reported $0.10 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.11 by ($0.01). Manning and Napier had a return on equity of 30.20% and a net margin of 3.30%. The business had revenue of $48.84 million for the quarter, compared to the consensus estimate of $47.52 million. During the same quarter in the previous year, the company earned $0.16 earnings per share. The firm’s revenue was down 22.9% on a year-over-year basis. sell-side analysts predict that Manning and Napier will post 0.44 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, February 1st. Shareholders of record on Monday, January 15th will be issued a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 8.42%. The ex-dividend date is Thursday, January 11th. Manning and Napier’s payout ratio is 139.13%.

A number of research analysts have recently commented on the stock. Zacks Investment Research cut shares of Manning and Napier from a “buy” rating to a “hold” rating in a report on Saturday, November 4th. Keefe, Bruyette & Woods restated a “hold” rating and issued a $4.00 price target on shares of Manning and Napier in a report on Friday, November 10th.

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Manning and Napier Company Profile

Manning & Napier, Inc is an independent investment management company. The Company operates through investment management industry segment. It provides a range of investment solutions through separately managed accounts, mutual funds and collective investment trust funds, as well as a range of consultative services.

Insider Buying and Selling by Quarter for Manning and Napier (NYSE:MN)

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