SEI Investments (SEIC) Stock Forecast, Price & News

4 Wall Street equities 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 equities 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 brokerages have issued 1-year price targets for SEI Investments' stock. Their SEIC share price forecasts range from $55.00 to $68.00. On average, they expect the company's stock price to reach $60.80 in the next twelve months. This suggests a possible upside of 5.0% 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 on January 1st, 2023. Since then, SEIC shares have decreased by 0.7% and is now trading at $57.92.
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SEI Investments saw a increase in short interest in the month of 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 presently 3.6 days. Currently, 1.5% of the shares of the company are sold short.
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) posted its quarterly earnings data 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 earned $469.12 million during the quarter, compared to the consensus estimate of $468.79 million. SEI Investments had a trailing twelve-month return on equity of 22.29% and a net margin of 20.88%. The company's revenue was down 19.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.36 EPS.

SEI Investments declared a Semi-Annual dividend on Monday, December 5th. Investors of record on Monday, December 19th will be given a dividend of $0.43 per share on Thursday, January 5th. This represents a 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 1.47%. 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 announced that its board has authorized a share buyback program on Tuesday, April 18th 2023, which permits the company to repurchase $250,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to reacquire up to 3.1% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's management 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 many different institutional and retail investors. Top institutional investors 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 $57.92.

SEI Investments (NASDAQ:SEIC) has a market capitalization of $7.72 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.