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 report released on Sunday.
Silvercrest Asset Management Group Price Performance
NASDAQ:SAMG opened at $15.01 on Friday. The firm has a market cap of $204.65 million, a price-to-earnings ratio of 18.76 and a beta of 0.80. The firm’s fifty day moving average price is $17.13 and its 200 day moving average price is $17.60. Silvercrest Asset Management Group has a 1-year low of $13.93 and a 1-year high of $19.20.
Silvercrest Asset Management Group (NASDAQ:SAMG – Get Free Report) last issued its earnings results on Thursday, March 6th. The asset manager reported $0.20 earnings per share for the quarter, missing the consensus estimate of $0.33 by ($0.13). The firm had revenue of $31.96 million during the quarter, compared to analysts’ expectations of $31.97 million. Silvercrest Asset Management Group had a net margin of 6.24% and a return on equity of 11.40%.
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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