Westwood Holdings Group (WHG) to Release Earnings on Wednesday

Posted by Sean Solarzano on Jul 30th, 2024

Westwood Holdings Group (NYSE:WHG – Get Free Report) will post its quarterly earnings results after the market closes on Wednesday, July 31st. Persons that wish to listen to the company’s earnings conference call can do so using this link.

Westwood Holdings Group (NYSE:WHG – Get Free Report) last announced its quarterly earnings results on Wednesday, May 1st. The asset manager reported $0.21 earnings per share (EPS) for the quarter. The company had revenue of $22.73 million during the quarter. Westwood Holdings Group had a net margin of 13.39% and a return on equity of 12.53%.

Westwood Holdings Group Stock Performance

Shares of NYSE:WHG opened at $13.25 on Tuesday. The company has a fifty day moving average of $12.43 and a 200-day moving average of $12.35. The company has a market capitalization of $123.36 million, a PE ratio of 9.74 and a beta of 1.17. Westwood Holdings Group has a 52-week low of $8.91 and a 52-week high of $13.63.

Westwood Holdings Group Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, July 1st. Stockholders of record on Monday, June 3rd were issued a dividend of $0.15 per share. The ex-dividend date was Monday, June 3rd. This represents a $0.60 annualized dividend and a dividend yield of 4.53%. Westwood Holdings Group’s dividend payout ratio (DPR) is presently 44.12%.

Analyst Ratings Changes

Separately, StockNews.com initiated coverage on shares of Westwood Holdings Group in a report on Thursday, July 25th. They set a “strong-buy” rating for the company.

Read Our Latest Stock Report on Westwood Holdings Group

Westwood Holdings Group Company Profile

(Get Free Report)

Westwood Holdings Group, Inc, through its subsidiaries, manages investment assets and provides services for its clients. The company operates in two segments, Advisory and Trust. The Advisory segment provides investment advisory services to corporate retirement plans, public retirement plans, endowments, foundations, individuals, and the Westwood Funds; and investment sub-advisory services to mutual funds, pooled investment vehicles, and its Trust segment.