Silvercrest Asset Management declares $0.20 dividend
Seeking Alpha News (Wed, 29-Jan 4:31 PM ET)
Silvercrest Asset Management Group Inc. Announces Quarterly Dividend
Globe Newswire (Wed, 29-Jan 4:01 PM ET)
Silvercrest Asset Management Announces New Partners
Globe Newswire (Wed, 8-Jan 4:01 PM ET)
Globe Newswire (Wed, 11-Dec 12:16 PM ET)
Silvercrest Asset Management Group Inc. Reports Q3 2024 Results
Globe Newswire (Thu, 31-Oct 4:01 PM ET)
Silvercrest Asset Management Group Inc is a wealth management firm focused on providing financial advisory and related family office services to ultra-high net-worth individuals and institutional investors. It advises clients on traditional investment strategies focused on equities, fixed income and cash as well as non-traditional investment strategies including hedge funds, private equity funds, real estate and commodities. It also provides clients with family office services and related administrative services, which include financial planning, tax planning and preparation, partnership accounting and fund administration, and consolidated wealth reporting. The company derives revenues principally from assets under management.
Silvercrest Asset Mgmt Gr trades on the NASDAQ stock market under the symbol SAMG.
As of January 31, 2025, SAMG stock price climbed to $18.61 with 1,413 million shares trading.
SAMG has a beta of 1.19, meaning it tends to be more sensitive to market movements. SAMG has a correlation of 0.24 to the broad based SPY ETF.
SAMG has a market cap of $176.02 million. This is considered a Micro Cap stock.
Last quarter Silvercrest Asset Mgmt Gr reported $30 million in Revenue and $.26 earnings per share. This beat revenue expectation by $134,000 and missed earnings estimates by -$.07.
In the last 3 years, SAMG traded as high as $23.20 and as low as $13.93.
The top ETF exchange traded funds that SAMG belongs to (by Net Assets): VTI, IWM, VXF, IWN, VTWO.
SAMG has underperformed the market in the last year with a return of +12.0%, while SPY returned +25.5%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in SAMG shares. However, SAMG has outperformed the market in the last 3 month and 2 week periods, returning +7.1% and +4.3%, while SPY returned +5.4% and +3.0%, respectively. This indicates SAMG has been having a stronger performance recently.
SAMG support price is $18.10 and resistance is $18.95 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SAMG shares will trade within this expected range on the day.