Silvercrest Asset Management Group (NASDAQ:SAMG – Get Free Report) was upgraded by equities research analysts at StockNews.com from a “buy” rating to a “strong-buy” rating in a research note issued to investors on Wednesday.
Silvercrest Asset Management Group Stock Down 1.6 %
Shares of NASDAQ SAMG opened at $16.83 on Wednesday. Silvercrest Asset Management Group has a fifty-two week low of $13.93 and a fifty-two week high of $19.20. The business has a 50 day moving average price of $18.11 and a two-hundred day moving average price of $17.63. The firm has a market cap of $233.35 million, a PE ratio of 21.04 and a beta of 0.84.
Silvercrest Asset Management Group (NASDAQ:SAMG – Get Free Report) last issued its quarterly earnings data on Thursday, March 6th. The asset manager reported $0.20 earnings per share for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.13). Silvercrest Asset Management Group had a net margin of 6.24% and a return on equity of 11.40%. The business had revenue of $31.96 million for the quarter, compared to analyst estimates of $31.97 million.
Institutional Inflows and Outflows
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.
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