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MN - MN STOCK NEWS

Welcome to our dedicated page for MN news (Ticker: MN), a resource for investors and traders seeking the latest updates and insights on MN stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect MN's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of MN's position in the market.

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Manning & Napier, Inc. (NYSE: MN) reported preliminary assets under management (AUM) of $22.5 billion as of October 31, 2021, up from $22.0 billion at September 30, 2021. The increase is attributed to growth in separate accounts and mutual funds. Separate accounts reached $16.308 billion, while mutual funds and collective investment trusts totaled $6.231 billion. This marks a significant increase in AUM driven by favorable market conditions and client portfolio performance.

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Manning & Napier, Inc. (NYSE: MN) reported its third-quarter 2021 results, showcasing a revenue increase of 17% year-over-year to $37.5 million. The firm’s assets under management (AUM) stood at $22.0 billion, down from $22.3 billion in the previous quarter, despite a 14% rise compared to the same quarter last year. Net income attributable to the company was $6.5 million, translating to $0.29 per diluted share. Operating income surged 152% to $23.3 million year-to-date. The Board declared a quarterly dividend of $0.05 per share, demonstrating a commitment to shareholder returns amidst muted investment performance.

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Manning & Napier, Inc. (NYSE: MN) declared a quarterly dividend of $0.05 per share of Class A common stock. This dividend will be distributed on or about November 22, 2021 to shareholders on record as of the close of business on November 8, 2021. The company, based in Fairport, NY, offers a variety of investment solutions and had 272 employees as of June 30, 2021.

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Manning & Napier (NYSE: MN) will release its third quarter 2021 financial results post-market on October 27, 2021. A teleconference will be held at 5:00 p.m. to discuss these results, accessible by calling 866-831-8713 or via a live webcast on their investor relations site. The preliminary assets under management as of September 30, 2021 were $22.0 billion, comprising $15.9 billion in separately managed accounts and $6.1 billion in mutual funds. A replay of the call will be available until November 3, 2021.

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Manning & Napier, Inc. (NYSE: MN) announced its preliminary assets under management (AUM) as of August 31, 2021, totaling $22.7 billion, up from $22.5 billion at July 31, 2021 and $22.3 billion at June 30, 2021. The increase reflects positive growth in both separate accounts and mutual funds. Separate accounts held $16.4 billion, while mutual funds accounted for $6.26 billion. The company, headquartered in Fairport, NY, serves a diversified client base, including high-net-worth individuals and institutions.

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Manning & Napier, Inc. (NYSE: MN) reported preliminary assets under management (AUM) of $22.5 billion as of July 31, 2021, an increase from $22.3 billion on June 30, 2021. The growth in AUM was driven by separate accounts, which increased to $16.3 billion, and mutual funds and collective investment trusts that rose to $6.2 billion. The firm's broad range of investment solutions includes equity, fixed income, and blended asset portfolios, serving a diverse clientele, including high-net-worth individuals and institutions.

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Manning & Napier reported strong second quarter results for 2021, with assets under management (AUM) reaching $22.3 billion, a 5% increase from $21.1 billion in the previous quarter. Revenue stood at $36.1 million, up 19% from last year, and net income was $5.9 million or $0.29 per diluted share. Operating income rose to $7.8 million, with an operating margin of 22%. The company’s ownership in Manning & Napier Group increased to 97.7%, reflecting strategic initiatives to enhance shareholder value.

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Manning & Napier, Inc. (NYSE: MN) has declared a quarterly dividend of $0.05 per share, payable on August 16, 2021. This dividend benefits shareholders of record as of the close of business on August 2, 2021. Established in 1970, Manning & Napier offers diverse investment solutions including managed accounts and mutual funds catering to a range of clients, from individuals to institutions. This dividend announcement underscores the company's commitment to returning value to shareholders while maintaining robust investment strategies.

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Manning & Napier, Inc. (NYSE: MN) will report its second quarter 2021 financial results on July 28, 2021, after market close. A teleconference will follow at 5:00 p.m., accessible via 877-876-9173 (ID# MNQ221) and a live webcast on their website. Additionally, preliminary assets under management as of June 30, 2021, are reported at $22.3 billion, with $16.2 billion in separately managed accounts and $6.1 billion in mutual funds. The replay will be available until August 4, 2021.

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Manning & Napier, Inc. (NYSE: MN) reported preliminary assets under management (AUM) of $22.1 billion as of May 31, 2021, reflecting an increase from $21.9 billion on April 30, 2021. The growth in AUM is attributed to performance and client inflows across investment vehicles. The company manages assets through separate accounts, mutual funds, and collective investment trusts, serving a wide range of clients, including high-net-worth individuals and institutional investors.

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FAQ

What is the market cap of MN (MN)?

The market cap of MN (MN) is approximately 245.7M.

MN

NYSE:MN

MN Rankings

MN Stock Data

245.75M
14.03M
15.01%
59.55%
5.48%
Asset Management
Financial Services
Link
United States
Fairport