Manning & Napier, Inc is a publicly owned investment manager. It provides its services to net worth individuals and institutions, including 401(k) plans, pension plans, taft-hartley plans, endowments and foundations. The company was founded in 1970 and is based in Fairport, New York.
MN Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for MN, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Manning & Napier Inc ranked in the 6th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. As for the metrics that stood out in our discounted cash flow analysis of Manning & Napier Inc, consider:
The company has produced more trailing twelve month cash flow than merely 6.86% of its sector Financial Services.
The business' balance sheet suggests that 8% of the company's capital is sourced from debt; this is greater than only 18.75% of the free cash flow producing stocks we're observing.
Manning & Napier Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -50.6. This coverage rate is greater than that of only 3.06% of stocks we're observing for the purpose of forecasting via discounted cash flows.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Financial Services that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as MN, try ICCH, LYL, TURN, AINC, and MDLY.
Manning & Napier (MN) preliminary assets under management of $18.6B at June 30, 2020 is little changed from the end of May.The June-end AUM includes ~$13.1B in separately managed accounts and ~$5.5B in mutual funds and collective investment trusts....
Manning & Napier, Inc. (NYSE: MN), ("Manning & Napier" or "the Company") today announced that it will report second quarter 2020 financial results after financial markets close on Thursday, July 30, 2020. The Company will host a teleconference to discuss its results at 5:00 p.m. that day. To access the teleconference, please dial 706-758-9224 (domestic and international) approximately ten minutes before the teleconference's scheduled start time and reference ID 2889015. A live webcast will also be available on the investor relations portion of Manning & Napier's website at http://ir.manning-napier.com/.
Before we spend countless hours researching a company, we like to analyze what insiders, hedge funds and billionaire investors think of the stock first. This is a necessary first step in our investment process because our research has shown that the elite investors' consensus returns have been exceptional. In the following paragraphs, we find out […]
Manning & Napier (MN) preliminary assets under management of $18.6B at May 31, 2020 increased from $18.0B at April 30, 2020.Blended asset AUM of $13.0B rose 3.5% M/M.Equity AUM of $4.56B increased from $4.37B.Fixed income AUM of $1.01B rose 0.8% M/M....
Manning & Napier, Inc. (NYSE: MN), ("Manning & Napier" or "the Company") today reported preliminary assets under management ("AUM") as of May 31, 2020 of $18.6 billion compared with $18.0 billion at April 30, 2020, and $17.1 billion at March 31, 2020. AUM by investment vehicle and by portfolio are set forth in the table below.