Houlihan Lokey (NYSE:HLI – Get Free Report) announced its earnings results on Tuesday. The financial services provider reported $1.64 earnings per share for the quarter, topping analysts’ consensus estimates of $1.51 by $0.13, Zacks reports. Houlihan Lokey had a return on equity of 19.29% and a net margin of 15.77%.
Houlihan Lokey Stock Performance
Shares of NYSE:HLI traded up $3.58 during trading on Tuesday, reaching $184.16. 443,428 shares of the stock traded hands, compared to its average volume of 426,847. The stock has a market cap of $12.80 billion, a P/E ratio of 37.66 and a beta of 0.69. Houlihan Lokey has a 52-week low of $119.28 and a 52-week high of $192.10. The stock has a 50-day moving average of $179.25 and a two-hundred day moving average of $166.29.
Houlihan Lokey Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Sunday, December 15th. Stockholders of record on Monday, December 2nd were issued a $0.57 dividend. This represents a $2.28 annualized dividend and a dividend yield of 1.24%. The ex-dividend date of this dividend was Monday, December 2nd. Houlihan Lokey’s dividend payout ratio is 46.63%.
Wall Street Analysts Forecast Growth
View Our Latest Stock Analysis on Houlihan Lokey
Houlihan Lokey Company Profile
Houlihan Lokey, Inc, an investment banking company, provides merger and acquisition (M&A), capital market, financial restructuring, and financial and valuation advisory services worldwide. It operates in three segments: Corporate Finance, Financial Restructuring, and Financial and Valuation Advisory.
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