Pzena Investment Management (PZN) Given Daily Media Sentiment Score of 0.17
Headlines about Pzena Investment Management (NYSE:PZN) have trended somewhat positive recently, according to Accern. Accern identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Pzena Investment Management earned a news sentiment score of 0.17 on Accern’s scale. Accern also assigned headlines about the asset manager an impact score of 47.0647542488633 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Shares of Pzena Investment Management (NYSE PZN) opened at $11.89 on Monday. The stock has a market capitalization of $814.23, a P/E ratio of 20.15 and a beta of 1.74. Pzena Investment Management has a twelve month low of $7.18 and a twelve month high of $12.70.
Pzena Investment Management (NYSE:PZN) last posted its earnings results on Tuesday, October 17th. The asset manager reported $0.17 earnings per share for the quarter, topping analysts’ consensus estimates of $0.15 by $0.02. The company had revenue of $36.23 million during the quarter, compared to analyst estimates of $35.00 million. Pzena Investment Management had a return on equity of 13.36% and a net margin of 14.41%. The business’s quarterly revenue was up 34.2% on a year-over-year basis. analysts expect that Pzena Investment Management will post 0.6 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Wednesday, November 22nd. Shareholders of record on Friday, October 27th will be issued a dividend of $0.03 per share. The ex-dividend date of this dividend is Thursday, October 26th. This represents a $0.12 dividend on an annualized basis and a yield of 1.01%. Pzena Investment Management’s dividend payout ratio is currently 16.90%.
A number of analysts recently issued reports on the company. Zacks Investment Research upgraded Pzena Investment Management from a “hold” rating to a “buy” rating and set a $14.00 price target for the company in a report on Wednesday, October 25th. ValuEngine lowered Pzena Investment Management from a “buy” rating to a “hold” rating in a report on Friday, September 1st. Finally, BidaskClub upgraded Pzena Investment Management from a “sell” rating to a “hold” rating in a report on Wednesday, August 9th.
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Pzena Investment Management Company Profile
Pzena Investment Management, Inc is a holding company. The Company is the sole managing member of Pzena Investment Management, LLC. Pzena Investment Management, LLC is an investment management company. The Company also serves as the general partner of Pzena Investment Management, LP. The Company offers institutional investment products to public and corporate pension funds, endowments, foundations and certain commingled vehicles geared toward institutional investors.
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