SEI Investments (SEIC) Stock Forecast, Price & News

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for SEI Investments in the last year. There are currently 1 sell rating, 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" SEIC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SEIC, but not buy additional shares or sell existing shares.
View SEIC analyst ratings or view top-rated stocks.

4 Wall Street analysts have issued 12 month target prices for SEI Investments' stock. Their SEIC share price forecasts range from $55.00 to $68.00. On average, they anticipate the company's share price to reach $60.80 in the next year. This suggests a possible upside of 4.4% from the stock's current price.
View analysts price targets for SEIC or view top-rated stocks among Wall Street analysts.

SEI Investments' stock was trading at $58.30 at the beginning of the year. Since then, SEIC shares have decreased by 0.2% and is now trading at $58.21.
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SEI Investments saw a increase in short interest in April. As of April 30th, there was short interest totaling 1,660,000 shares, an increase of 20.3% from the April 15th total of 1,380,000 shares. Based on an average trading volume of 456,200 shares, the short-interest ratio is currently 3.6 days. Approximately 1.5% of the shares of the stock are short sold.
View SEI Investments' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 19th 2023.
View our SEIC earnings forecast.

SEI Investments (NASDAQ:SEIC) announced its earnings results on Thursday, April, 20th. The asset manager reported $0.79 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.82 by $0.03. The asset manager had revenue of $469.12 million for the quarter, compared to the consensus estimate of $468.79 million. SEI Investments had a net margin of 20.88% and a trailing twelve-month return on equity of 22.29%. The business's revenue was down 19.3% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.36 earnings per share.

SEI Investments announced a Semi-Annual dividend on Monday, December 5th. Stockholders of record on Monday, December 19th will be paid a dividend of $0.43 per share on Thursday, January 5th. This represents a dividend yield of 1.4%. The ex-dividend date is Friday, December 16th. This is an increase from the stock's previous Semi-Annual dividend of $0.40.
Read our dividend analysis for SEIC.

ETFs with the largest weight of SEI Investments (NASDAQ:SEIC) stock in their portfolio include The Acquirers Fund (ZIG), Inspire Faithward Mid Cap Momentum ETF (GLRY), ALPS O'Shares U.S. Small-Cap Quality Dividend ETF (OUSM), Dividend Performers ETF (IPDP), American Century Low Volatility ETF (LVOL), ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL), SPDR S&P Capital Markets ETF (KCE) and First Trust Financial AlphaDEX Fund (FXO).

SEI Investments (NASDAQ:SEIC) pays an annual dividend of $0.86 per share and currently has a dividend yield of 1.50%. The company has been increasing its dividend for 31 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 29.86%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SEIC will have a dividend payout ratio of 22.45% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SEIC.

SEI Investments declared that its board has authorized a share repurchase program on Tuesday, April 18th 2023, which authorizes the company to repurchase $250,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 3.1% of its shares through open market purchases. Shares repurchase programs are often a sign that the company's leadership believes its shares are undervalued.

279 employees have rated SEI Investments Chief Executive Officer Alfred P. West Jr. on Glassdoor.com. Alfred P. West Jr. has an approval rating of 81% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other SEI Investments investors own include Intel (INTC), Johnson & Johnson (JNJ), JPMorgan Chase & Co. (JPM), Walt Disney (DIS), Mastercard (MA), Visa (V), PepsiCo (PEP), Cisco Systems (CSCO), Verizon Communications (VZ) and Walgreens Boots Alliance (WBA).

SEI Investments trades on the NASDAQ under the ticker symbol "SEIC."

SEI Investments' stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.83%), State Street Corp (4.59%), Bank of America Corp DE (2.48%), Geode Capital Management LLC (1.45%), Great West Life Assurance Co. Can (1.44%) and Royce & Associates LP (1.09%). Insiders that own company stock include Alfred P West Jr, Dennis Mcgonigle, Kathryn Mccarthy, Kathy Heilig, Kevin Barr, Paul Klauder, Ryan Hicke, Sanjay Sharma, Sarah Blumenstein, Stephen Meyer, Wayne Withrow and William Doran.
View institutional ownership trends.

Shares of SEIC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of SEIC stock can currently be purchased for approximately $58.21.

SEI Investments (NASDAQ:SEIC) has a market capitalization of $7.76 billion and generates $1.99 billion in revenue each year. The asset manager earns $475.47 million in net income (profit) each year or $2.88 on an earnings per share basis.

The company employs 4,837 workers across the globe.

SEI Investments' mailing address is 1 FREEDOM VALLEY DRIVE, OAKS PA, 19456. The official website for the company is www.seic.com. The asset manager can be reached via phone at (610) 676-1000, via email at nvattimo@seic.com, or via fax at 610-676-1105.