Diamond Hill Investment Group (DHIL) Scheduled to Post Quarterly Earnings on Wednesday

Posted by Scott Davis on May 6th, 2024

Diamond Hill Investment Group (NASDAQ:DHIL – Get Free Report) is scheduled to be posting its quarterly earnings results after the market closes on Wednesday, May 8th.

Diamond Hill Investment Group (NASDAQ:DHIL – Get Free Report) last announced its quarterly earnings data on Thursday, February 29th. The asset manager reported $2.27 earnings per share (EPS) for the quarter. The firm had revenue of $33.82 million for the quarter. Diamond Hill Investment Group had a return on equity of 18.46% and a net margin of 30.89%.

Diamond Hill Investment Group Stock Performance

Shares of Diamond Hill Investment Group stock traded up $0.10 on Monday, reaching $152.00. 904 shares of the company were exchanged, compared to its average volume of 15,450. The company’s 50-day moving average is $150.85 and its two-hundred day moving average is $156.92. The firm has a market cap of $431.68 million, a price-to-earnings ratio of 10.59 and a beta of 0.97. Diamond Hill Investment Group has a 1-year low of $144.35 and a 1-year high of $188.28.

Diamond Hill Investment Group Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Shareholders of record on Monday, March 11th were paid a dividend of $1.50 per share. This represents a $6.00 dividend on an annualized basis and a yield of 3.95%. The ex-dividend date of this dividend was Friday, March 8th. Diamond Hill Investment Group’s payout ratio is currently 41.84%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded Diamond Hill Investment Group from a “hold” rating to a “buy” rating in a report on Thursday, January 25th.

View Our Latest Research Report on DHIL

Diamond Hill Investment Group Company Profile

(Get Free Report)

Diamond Hill Investment Group, Inc, through its subsidiary, Diamond Hill Capital Management, Inc, provides investment advisory and fund administration services in the United States. It offers investment advisory and related services to clients through pooled vehicles, such as private fund; separately managed accounts; collective investment trusts; and other pooled vehicles, including sub-advised funds and model delivery programs.