Silvercrest Asset Management Group (SAMG) Expected to Announce Quarterly Earnings on Friday

Silvercrest Asset Management Group (NASDAQ:SAMG) will likely be announcing its earnings results before the market opens on Friday, March 7th. Analysts expect the company to announce earnings of $0.33 per share and revenue of $31.97 million for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

Silvercrest Asset Management Group Stock Performance

Shares of SAMG stock opened at $17.42 on Thursday. Silvercrest Asset Management Group has a 52-week low of $13.93 and a 52-week high of $19.20. The stock has a market cap of $241.53 million, a price-to-earnings ratio of 21.78 and a beta of 0.82. The firm has a fifty day moving average of $18.24 and a 200-day moving average of $17.57.

Silvercrest Asset Management Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 21st. Stockholders of record on Friday, March 14th will be paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 4.59%. The ex-dividend date is Friday, March 14th. Silvercrest Asset Management Group’s dividend payout ratio is 100.00%.

Analyst Ratings Changes

Separately, StockNews.com cut shares of Silvercrest Asset Management Group from a “strong-buy” rating to a “buy” rating in a research note on Tuesday.

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.