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Manning & Napier Inc (MN) Files 10-K for the Fiscal Year Ended on December 31, 2018

- By insider

Manning & Napier Inc (MN) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Manning & Napier Inc is an independent investment management firm. It provides investment management services through separately managed accounts, mutual funds, and collective investment trust funds, as well as a variety of consultative services. Manning & Napier Inc has a market cap of $32.190 million; its shares were traded at around $2.10 with a P/E ratio of 52.50 and P/S ratio of 1.70. The dividend yield of Manning & Napier Inc stocks is 12.39%.

For the last quarter Manning & Napier Inc reported a revenue of $37.4 million, compared with the revenue of $45.67 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $161.3 million, a decrease of 19.9% from the previous year. For the last five years Manning & Napier Inc had an average revenue decline of 17.2% a year.

The reported diluted earnings per share was 3.7 cents for the year, a decline of 17.8% from the previous year. Over the last five years Manning & Napier Inc had an average EPS decline of 7.9% a year. The Manning & Napier Inc had a decent operating margin of 14.49%, compared with the operating margin of 25.69% a year before. The 10-year historical median operating margin of Manning & Napier Inc is 33.17%. The profitability rank of the company is 5 (out of 10).

At the current stock price of $2.10, Manning & Napier Inc is traded at 27.6% discount to its historical median P/S valuation band of $2.90. The P/S ratio of the stock is 1.70, while the historical median P/S ratio is 2.31. The stock lost 32.11% during the past 12 months.

For the complete 20-year historical financial data of MN, click here.

This article first appeared on GuruFocus.