U.S. Global Investors, Inc. (GROW)
Chart Events
Performance Outlook
| Previous Close | 8.53 |
| Open | 8.13 |
| Bid | 8.12 x 800 |
| Ask | 8.25 x 1200 |
| Day's Range | 8.10 - 8.89 |
| 52 Week Range | 1.20 - 12.89 |
| Volume | 440,935 |
| Avg. Volume | 490,046 |
| Market Cap | 122.333M |
| Beta (5Y Monthly) | 3.09 |
| PE Ratio (TTM) | 6.67 |
| EPS (TTM) | 1.22 |
| Earnings Date | May 12, 2021 - May 17, 2021 |
| Forward Dividend & Yield | 0.06 (0.74%) |
| Ex-Dividend Date | May 07, 2021 |
| 1y Target Est | N/A |
Fair Value
Related Research
- InvestorPlace
7 Growth Stocks That Also Pay Monthly Dividends
There are a couple reasons that people may invest in a stock. One is capital appreciation — they think the stock price will go up. Another is dividends — where the company pays you to hold it. There’s little doubt we’re in a growth mode on Wall Street as well as economically. Most people think that means growth stocks are where to turn for the best investing opportunities. However, even dividend stocks grow during the good times. And the way some of them are structured, they can deliver impressive dividends. That makes them more attractive than having your money sit in a CD or money market fund. The stocks featured here may not be as safe as a money market but for a little added risk they provide solid growth potential with decent dividends.InvestorPlace - Stock Market News, Stock Advice & Trading Tips 10 Stocks to Buy for Your $5K Robinhood Portfolio Some of these stocks may have low ratings in the dividend grader, but the monthly payouts here are a bonus on top of generally strong growth stocks. Armour Residential REIT (NYSE:ARR) AGNC Investment Corp (NASDAQ:AGNC) US Global Investors (NASDAQ:GROW) Orchid Island Capital (NYSE:ORC) Ellington Financial (NYSE:EFC) Main Street Capital (NYSE:MAIN) Dynex Capital (NYSE:DX) Growth Stocks: Armour Residential REIT (ARR) Source: Shutterstock How about holding a stock with over 50% growth in the past year and that pays more in a month than you get total for a one-year CD? ARR is a real estate investment trust (REIT), but it doesn’t deal in properties. It works with mortgage-backed securities. You see, once a mortgage is signed, it is then usually sliced up into smaller pieces – short term, intermediate term and long term, for example. Each of those pieces is then bundled with other similar pieces of other mortgages and then resold as a mortgage-backed security (MBS). With low interest rates for as far as the eye can see, ARR is in the middle of a big run on real estate, and that works out very well for its investors. Right now, ARR is delivering a 9.8% dividend, and the stock is up 53% in the past 12 months. ARR has a C rating in Portfolio Grader. But it’s still attractive among other similar growth stocks. AGNC Investment Corp (AGNC) Source: ImageFlow/shutterstock.com Born in the wake of the last real estate meltdown in 2008, AGNC also focuses on MBSs. But it’s significantly larger than ARR and hedges much of its portfolio of securities with a majority of its holdings being backed by the U.S. government or by government sponsored enterprises (GSEs). This adds a level of safety to the process, although it does have investments outside of these protected securities. The good thing is, its size is helpful in being able to access a broad selection of mortgages, so it doesn’t have to stick with one piece of the market. Diversity is key in this sector. Also, its team is well acquainted with the risks in this industry so it navigates with prudence. AGNC is up nearly 51% in the past year, with 12% of that growth occurring since the start of the year. AGNC also delivers an 8.3% dividend, which is still very rich for most dividend stocks. 10 Stocks at the Heart of Good Retirement Portfolios AGNC has an A rating in Portfolio Grader. US Global Investors (GROW) Source: Sergii Gnatiuk/ShutterStock.com Surprisingly, GROW isn’t a REIT. It’s apparently lived up to its ticker’s name however, because the stock went on a tear this past year, growing 532% in the past 12 months. The dividend however is small at 0.7%. So what’s the glow about GROW? Even after that huge run, GROW is selling at a current price-to-earnings (P/E) ratio below 10. And this cash influx will be put to good use in building its funds and launching new ones. At that point, the dividend will grow, and investors will still get a solid growth company with an expanding dividend. We have watched management build this investment management company for decades. They know what they’re doing. Its market cap is around $126 million, so it’s a boutique player, but a solid one. GROW has an A rating in Portfolio Grader. Orchid Island Capital (ORC) Source: Shutterstock When the real estate market collapsed in 2008, most mortgage companies, including the biggest and best in the U.S., crashed and burned simply because real estate prices were no longer as “real” as people had thought. When prices dropped, everyone funding those properties had to revalue their entire portfolios. When the dust settled, it was time to rebuild. And ORC was part of that rebuild, founded in 2010. But this time around, the risks weren’t abstractions, they were recent history. That meant rebuilding had to be done under more regulations as well as structured better than before. ORC is one of the growth stocks that came out of the mess better for the experience and now it’s doing very well from its Florida base with its focus on residential MBSs. ORC stock is up 62% in the past 12 months, yet it’s delivering a whopping dividend of 14.34%. That’s more than 1% a month! 7 Hot Stocks to Buy With Summer Looming ORC has an A rating in Portfolio Grader. Ellington Financial (EFC) Source: Shutterstock Based in Greenwich, Connecticut, this REIT is a bit more diversified than most growth stocks in this sector. It focuses on commercial and residential MBSs like its peers, but it also has other investments like collateralized debt obligations and equity investments. In early April, EFC announced it was raising its dividend a whopping 40% — it has a 9.5% dividend — which gives you some indication on whether the company sees a bullish future in store. The stock is up 88% in the past year, but its market cap is still under $1 billion, around $771 million at this point. That makes it a decent-sized boutique player. But it’s a little pricey here. EFC has a B rating in Portfolio Grader. Main Street Capital (MAIN) Source: Carolyn Franks / Shutterstock.com If you’re looking for a company that is focused on building out the U.S. economy beyond real estate, this business development company (BDC) may be just what you’re looking for. BDCs are an interesting niche, and a low-interest-rate, expanding economy is just the ticket. Like REITs, BDCs get certain tax breaks for providing investors with direct access to net profits via dividends. Basically, MAIN lends money, structures debt or takes some involvement in attractive businesses that are generating annual revenue between $10 million and $150 million. Over the years it has had over 200 companies in its portfolio. This sector is also a key beneficiary of the PPP loans distributed, which means they’re staffed up and ready to grow as the economy revives. The stock is up about 69% in the past 12 months and has a dividend of nearly 6%, which is solid. It’s a bit pricey now, but when its portfolio kicks in earnings should come back quickly. 7 Restaurant Stocks Worth a Visit MAIN has a B rating in Portfolio Grader. Dynex Capital (DX) Source: Shutterstock This is another MBS-focused REIT, with a market cap just under $600 million. The one standout feature for DX among these other dividend stocks is the fact that it was founded in 1988. That means it has weathered more than a couple real estate boom and bust cycles, including 2008. Its goal of long-term appreciation through dividends and responsible growth has kept it chugging along. That also means what you get in reliability, you might not get in sexiness. That said, DX is up nearly 49% in the past 12 months and sports a dividend of of 8%. What’s more, even after that run, DX still has a current P/E of 10.4. DX has a B rating in Portfolio Grader. On the date of publication, Louis Navellier has no positions in any stocks in this article. Louis Navellier did not have (either directly or indirectly) any other positions in the securities mentioned in this article. The InvestorPlace Research Staff member primarily responsible for this article did not hold (either directly or indirectly) any positions in the securities mentioned in this article. More From InvestorPlace Why Everyone Is Investing in 5G All WRONG It doesn’t matter if you have $500 in savings or $5 million. Do this now. Top Stock Picker Reveals His Next Potential 500% Winner Stock Prodigy Who Found NIO at $2… Says Buy THIS Now The post 7 Growth Stocks That Also Pay Monthly Dividends appeared first on InvestorPlace.
- GlobeNewswire
U.S. Global Investors Launches Its Airlines JETS ETF on the Mexican Stock Exchange, Expanding Its Global Footprint to Latin America
San Antonio, TX, April 13, 2021 (GLOBE NEWSWIRE) -- U.S. Global Investors, Inc. (NASDAQ: GROW) (the “Company”), a registered investment advisory firm with longstanding experience in global markets and specialized sectors, today is pleased to announce that its airlines ETF, the U.S. Global Jets ETF (NYSE: JETS), is now listed on the Mexican Stock Exchange (BMV). The new listing will expand JETS’ global footprint and allow investors in Mexico to access the fund. The BMV is the second largest stock exchange in Latin America with a total market capitalization of over $530 billion. JETS will be cross listed on the International Quotation System (SIC), a platform which allows investing in exchange-traded funds whose securities have been listed offshore. “We couldn’t be more thrilled with how JETS has performed and attracted inflows, and we are excited to give investors in Mexico the opportunity to participate,” says Frank Holmes, CEO and chief investment officer of U.S. Global Investors. “Our smart-beta 2.0 ETF is still the only pure-play global airlines investment vehicle available today.” Launched in 2015, JETS began attracting significant assets when airline stocks plunged due to the COVID-19 pandemic halting global travel. The fund reached a new milestone of $4 billion in assets under management (AUM) last month. As of the market close on April 7, 2021, JETS AUM stood at approximately $4.16 billion, a more than 1,150% increase from a year earlier. Participants have been as varied as retail investors to hedge funds to insurance companies. “There’s no doubt that 2020 was a challenging year for the airline industry, but there’s reason to be optimistic for 2021 as the pandemic eases and vaccine rollout fuels commercial flight demand,” Mr. Holmes says. “We’re seeing leisure travel rebound as greater than one in five Americans are now fully vaccinated against COVID-19; more than a third of the U.S. has received at least one shot. For 25 days straight as of April 4, over 1 million people per day were screened at U.S. airports. The new guidance from the Centers for Disease Control and Prevention (CDC), which says that fully vaccinated people can travel at low risk to themselves, is highly positive for the travel industry, and airline stocks specifically. “We believe JETS will be well received by Mexican investors. Our quant approach to security selection has resulted in a number of Latin American airlines and airports being part of the ETF, including Brazil’s GOL Airlines and Azul Airlines and Mexico’s Volaris and Grupo Aeroportuario del Sureste. Once a quarter, JETS is rebalanced and reconstituted, with a focus on America’s four largest airlines, America, Delta, United and Southwest.” To learn more about the U.S. Global Jets ETF (JETS), click here. ### About U.S. Global Investors, Inc. The story of U.S. Global Investors goes back more than 50 years when it began as an investment club. Today, U.S. Global Investors, Inc. (www.usfunds.com) is a registered investment adviser that focuses on niche markets around the world. Headquartered in San Antonio, Texas, the Company provides money management and other services to U.S. Global Investors Funds and U.S. Global ETFs. Please consider carefully a fund’s investment objectives, risks, charges and expenses. For this and other important information, obtain a statutory and summary prospectus by visiting https://www.usglobaletfs.com/. Read it carefully before investing. Investing involves risk, including the possible loss of principal. Shares of any ETF are bought and sold at market price (not NAV), may trade at a discount or premium to NAV and are not individually redeemed from the fund. Brokerage commissions will reduce returns. Because the fund concentrates its investments in specific industries, the fund may be subject to greater risks and fluctuations than a portfolio representing a broader range of industries. The fund is non-diversified, meaning it may concentrate more of its assets in a smaller number of issuers than a diversified fund. The fund invests in foreign securities which involve greater volatility and political, economic and currency risks and differences in accounting methods. These risks are greater for investments in emerging markets. The fund may invest in the securities of smaller-capitalization companies, which may be more volatile than funds that invest in larger, more established companies. The performance of the fund may diverge from that of the index. Because the fund may employ a representative sampling strategy and may also invest in securities that are not included in the index, the fund may experience tracking error to a greater extent than a fund that seeks to replicate an index. The fund is not actively managed and may be affected by a general decline in market segments related to the index. Airline companies may be adversely affected by a downturn in economic conditions that can result in decreased demand for air travel and may also be significantly affected by changes in fuel prices, labor relations and insurance costs. Smart beta refers to a type of exchange-traded fund (ETF) that uses a rules-based system for selecting investments to be included in the fund portfolio. Positive cash flow indicates that a company is adding to its cash reserves, allowing it to reinvest in the company, pay out money to shareholders, or settle future debt payments. The outbreak of the COVID-19 pandemic and the resulting actions to control or slow the spread has had a significant detrimental effect on the global and domestic economies, financial markets and industries, including airlines. U.S. Global Investors continues to monitor the impact of COVID-19, but it is too early to determine the full impact this virus may have on commercial aviation. Should this emerging macro-economic risk continue for an extended period, there could be an adverse material financial impact to the U.S. Global Jets ETF. All opinions expressed and data provided are subject to change without notice. Opinions are not guaranteed and should not be considered investment advice. Distributed by Quasar Distributors, LLC. U.S. Global Investors is the investment adviser to JETS. CONTACT: Holly Schoenfeldt U.S. Global Investors, Inc. 210.308.1268 hschoenfeldt@usfunds.com
