Westwood Holdings Group (WHG) Scheduled to Post Quarterly Earnings on Wednesday

Posted by Dante Gardener on Oct 28th, 2024

Westwood Holdings Group (NYSE:WHG – Get Free Report) will announce its earnings results after the market closes on Wednesday, October 30th. Individual 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 issued its earnings results on Wednesday, July 31st. The asset manager reported ($0.18) earnings per share (EPS) for the quarter. Westwood Holdings Group had a net margin of 7.63% and a return on equity of 7.86%. The company had revenue of $22.69 million during the quarter.

Westwood Holdings Group Stock Performance

NYSE:WHG opened at $15.95 on Monday. The company has a market capitalization of $148.18 million, a price-to-earnings ratio of 21.85 and a beta of 1.15. Westwood Holdings Group has a one year low of $8.95 and a one year high of $18.03. The stock has a 50-day simple moving average of $13.83 and a 200 day simple moving average of $12.96.

Westwood Holdings Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 1st. Shareholders of record on Monday, September 2nd were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 3.76%. The ex-dividend date of this dividend was Friday, August 30th. Westwood Holdings Group’s dividend payout ratio is presently 82.19%.

Analyst Ratings Changes

Separately, StockNews.com started coverage on Westwood Holdings Group in a research report on Monday, October 21st. They set a “buy” rating on the stock.

Get Our Latest Research Report on WHG

About Westwood Holdings Group

(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.