Silvercrest Asset Management Group (SAMG) Projected to Post Earnings on Thursday

Silvercrest Asset Management Group (NASDAQ:SAMG) is expected to be posting its quarterly earnings results before the market opens on Thursday, March 6th. Analysts expect Silvercrest Asset Management Group to post earnings of $0.33 per share and revenue of $31.97 million for the quarter.

Silvercrest Asset Management Group Stock Performance

Shares of SAMG opened at $18.37 on Thursday. The company has a market cap of $254.70 million, a price-to-earnings ratio of 22.96 and a beta of 0.82. Silvercrest Asset Management Group has a 52-week low of $13.93 and a 52-week high of $19.20. The stock has a fifty day moving average price of $18.27 and a two-hundred day moving average price of $17.47.

Silvercrest Asset Management Group Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, March 21st. Stockholders of record on Friday, March 14th will be given a dividend of $0.20 per share. The ex-dividend date is Friday, March 14th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 4.35%. Silvercrest Asset Management Group’s payout ratio is currently 100.00%.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded Silvercrest Asset Management Group from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, November 20th.

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.