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:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Manning & Napier Inc. To summarize, we found that Manning & Napier Inc ranked in the 6th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 96%. As for the metrics that stood out in our discounted cash flow analysis of Manning & Napier Inc, consider:
The company's compound free cash flow growth rate over the past 5.42 years comes in at -0.4%; that's greater than only 2.9% of US stocks we're applying DCF forecasting to.
As a business, MN is generating more cash flow than only 7.74% of positive cash flow stocks in the Financial Services.
The business' balance sheet suggests that 8% of the company's capital is sourced from debt; this is greater than merely 19.69% of the free cash flow producing stocks we're observing.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
GSBD, HCAP, TURN, AIG, and ERIE can be thought of as valuation peers to MN, in the sense that they are in the Financial Services sector and have a similar price forecast based on DCF valuation.
Manning & Napier ([[MN]] +1.2%) reported prelim assets under management of $19.8B as of August 31, 2020 vs. $19.1B as of July 31, 2020 and $18.6B at June 30, 2020.By portfolio, blended asset and equity recorded an increase of 3.1% and 5% to $13.8B and $4.97B respectively; fixed income dipped...
Manning & Napier, Inc. (MN) Q2 2020 Earnings Conference Call July 30, 2020, 05:00 PM ET Company Participants Nicole Brunner - Chief Marketing Officer Marc Mayer - CEO Paul Battaglia - CFO Conference Call Participants Presentation Operator Good evening. My name is Angela, and I will be your conference operator...
Manning & Napier, Inc. (NYSE: MN), ("Manning & Napier" or "the Company") today announced that its Board of Directors ("the Board") has unanimously elected Manning & Napier's Chief Executive Officer, Marc Mayer, as Chairman of the Board, effective immediately. Mayer will retain his current role as Chief Executive Officer.