Hamilton Lane Inc (NASDAQ:HLNE) declared a quarterly dividend on Wednesday, February 7th, Wall Street Journal reports. Investors of record on Thursday, March 15th will be paid a dividend of 0.175 per share on Thursday, April 5th. This represents a $0.70 annualized dividend and a yield of 1.84%. The ex-dividend date of this dividend is Wednesday, March 14th.
Hamilton Lane (NASDAQ HLNE) opened at $38.10 on Tuesday. The stock has a market capitalization of $1,796.49 and a price-to-earnings ratio of 28.24. The company has a current ratio of 1.31, a quick ratio of 1.31 and a debt-to-equity ratio of 0.78. Hamilton Lane has a 12-month low of $17.32 and a 12-month high of $40.43.
Hamilton Lane (NASDAQ:HLNE) last announced its earnings results on Tuesday, February 6th. The company reported $0.46 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.29 by $0.17. The business had revenue of $65.01 million during the quarter, compared to analyst estimates of $51.39 million. Hamilton Lane had a return on equity of 70.74% and a net margin of 2.09%. Hamilton Lane’s quarterly revenue was up 53.6% on a year-over-year basis. equities research analysts anticipate that Hamilton Lane will post 1.4 earnings per share for the current year.
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Hamilton Lane Company Profile
Hamilton Lane Incorporated is a global private markets investment solutions provider. The Company works with its clients to conceive, structure, build out, manage and monitor portfolios of private markets funds and direct investments, and it helps them access a set of such investment opportunities around the world.
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