Hennessy Advisors Stock

Hennessy Advisors ROE 2024

Hennessy Advisors ROE

0.05

Ticker

HNNA

ISIN

US4258851009

WKN

A0LEEJ

In 2024, Hennessy Advisors's return on equity (ROE) was 0.05, a -24.2% increase from the 0.07 ROE in the previous year.

Hennessy Advisors Aktienanalyse

What does Hennessy Advisors do?

Hennessy Advisors Inc is a US investment company that has been operating as an independent asset manager since its founding in 1989. The company is based in Novato, California and is listed on the NASDAQ stock exchange under the ticker symbol "HNNA". It was founded by Neil J. Hennessy and initially operated as a distributor for other investment funds. In 1996, Hennessy obtained permission to establish its own investment funds, and the company has since expanded its offerings and become a diversified asset manager. Hennessy Advisors aims to create long-term wealth growth for its clients and offers a wide range of actively managed investment funds for institutional and private investors. The company emphasizes a low-risk investment strategy and focuses on companies with high potential for growth, cash flow, and return on capital. The company operates in four divisions: Equity Funds, Fixed Income Funds, Institutional Accounts, and Series Trust. Equity Funds: Hennessy Advisors' equity funds invest in US companies with market capitalizations under $7 billion. The funds focus on themes such as hydrogen technologies, innovations in the automotive and energy sectors, and growth companies in the IT sector. Fixed Income Funds: Hennessy Advisors' fixed income funds invest in fixed-income securities such as bonds or other debt securities from both private and government sectors. The investment strategies aim to generate returns without significantly increasing price risk. Institutional Accounts: In its Institutional division, Hennessy Advisors offers various investment strategies on a separate account basis, focusing on sector-specific or country-specific investments. The company serves institutional clients such as pension funds, foundations, and endowment funds in this area. Series Trust: Hennessy Advisors' Series Trust division comprises a group of investment funds created directly by Hennessy Advisors through various subsidiaries. The funds can be sold by other financial service providers and benefit from the infrastructure provided by Hennessy Advisors. The company offers various investment funds within the mentioned divisions, such as Hennessy Cornerstone Growth Fund, Hennessy Japan Small Cap Fund, Hennessy Large Cap Financial Fund, Hennessy Small Cap Financial Fund, Hennessy Focus Fund, Hennessy Gas Utility Fund, Hennessy Gas Utility Index Fund, Hennessy Total Return Fund, Hennessy Equity and Income Fund, Hennessy RMF Dividend Income Fund, Hennessy SCOTTISH REIT, Hennessy Funds Trust. In conclusion, Hennessy Advisors is an independent asset manager that focuses on a low-risk investment strategy. Since its founding, the company has continuously evolved and now offers various investment strategies and products. Its longstanding goal is to provide long-term value appreciation through offering the best selection of investment funds. Hennessy Advisors ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROE Details

Decoding Hennessy Advisors's Return on Equity (ROE)

Hennessy Advisors's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.

Year-to-Year Comparison

Analyzing Hennessy Advisors's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.

Impact on Investments

Hennessy Advisors's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.

Interpreting ROE Fluctuations

Changes in Hennessy Advisors’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.

Frequently Asked Questions about Hennessy Advisors stock

What is the ROE (Return on Equity) of Hennessy Advisors this year?

The ROE of Hennessy Advisors this year is 0.05 undefined.

How has the Return on Equity (ROE) of Hennessy Advisors developed compared to the previous year?

The ROE of Hennessy Advisors has increased by -24.2% decreased compared to the previous year.

What impact does a high ROE (Return on Equity) have on investors of Hennessy Advisors?

A high ROE indicates that Hennessy Advisors generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.

What impact does a low ROE (Return on Equity) have on investors of Hennessy Advisors?

A low ROE can indicate that Hennessy Advisors is having difficulties monetizing its investments successfully and can be a negative signal for investors.

How does a change in the ROE (Return on Equity) of Hennessy Advisors affect the company?

A change in ROE (Return on Equity) of Hennessy Advisors can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.

How to calculate the ROE (Return on Equity) of Hennessy Advisors?

The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.

Which factors influence the ROE (Return on Equity) of Hennessy Advisors?

Some factors that can influence Hennessy Advisors's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.

What strategic measures can take to improve the ROE (Return on Equity)?

To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.

How much dividend does Hennessy Advisors pay?

Over the past 12 months, Hennessy Advisors paid a dividend of 0.69 USD . This corresponds to a dividend yield of about 7.01 %. For the coming 12 months, Hennessy Advisors is expected to pay a dividend of 0.71 USD.

What is the dividend yield of Hennessy Advisors?

The current dividend yield of Hennessy Advisors is 7.01 %.

When does Hennessy Advisors pay dividends?

Hennessy Advisors pays a quarterly dividend. This is distributed in the months of December, March, June, September.

How secure is the dividend of Hennessy Advisors?

Hennessy Advisors paid dividends every year for the past 19 years.

What is the dividend of Hennessy Advisors?

For the upcoming 12 months, dividends amounting to 0.71 USD are expected. This corresponds to a dividend yield of 7.19 %.

In which sector is Hennessy Advisors located?

Hennessy Advisors is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Hennessy Advisors kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Hennessy Advisors from 9/5/2024 amounting to 0.138 USD, you needed to have the stock in your portfolio before the ex-date on 8/22/2024.

When did Hennessy Advisors pay the last dividend?

The last dividend was paid out on 9/5/2024.

What was the dividend of Hennessy Advisors in the year 2023?

In the year 2023, Hennessy Advisors distributed 0.55 USD as dividends.

In which currency does Hennessy Advisors pay out the dividend?

The dividends of Hennessy Advisors are distributed in USD.

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Andere Kennzahlen von Hennessy Advisors

Our stock analysis for Hennessy Advisors Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Hennessy Advisors Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.