STOCK TITAN

TETON ADVISORS INC A - TETAA STOCK NEWS

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

Teton Advisors Inc. A (TETAA) is a real estate company based in Victor, Idaho, United States. They specialize in providing expert advisory services to clients in the real estate industry. With a focus on delivering personalized solutions and strategic insights, Teton Advisors Inc. A has established itself as a trusted partner for clients looking to maximize their real estate investments.

Rhea-AI Summary

Teton Advisors (OTCQX: TETAA) has announced its preliminary financial results for the third quarter of 2024. The company's assets under management (AUM) increased to $1.4 billion as of September 30, 2024, up from $1.3 billion a year earlier. Teton expects to report gross revenue of $3.1 million, unchanged from Q3 2023. Net investment advisory fees, the primary source of operating revenue, are anticipated to be $2.7 million, slightly down from $2.8 million in Q3 2023.

The company projects diluted earnings per share (EPS) between $0.14 and $0.24 for Q3 2024, compared to $0.21 in Q3 2023. The $0.10 range is attributed to uncertainties in tax provisions and amortization effects from a recent private client business acquisition. Teton's Board has approved a $500,000 share repurchase plan on October 3, 2024. Full financial details will be released in early November.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.15%
Tags
conferences earnings
-
Rhea-AI Summary

Teton Advisors (OTCQX: TETAA) will host an annual meeting and webcast to discuss company operations. The event will feature CEO Stephen Bondi and the executive team, who will review recent financial results and future activities. Key points include leveraging market opportunities via organic growth, product development, and acquisitions. The company emphasizes its multi-strategy asset management, targeting inefficient markets and smaller companies. Enhanced value creation through expanded research and marketing is also highlighted. The meeting will take place in Greenwich, CT, and online; registration is required.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary
Teton Advisors, Inc. announced its Q4 and full year 2023 results, revealing a decrease in revenues and earnings compared to the previous year. The company reported fully diluted GAAP EPS of $0.19 for Q4 and $0.75 for the full year. Cash EPS also declined, with $0.26 for Q4 and $0.98 for the full year. Despite these reductions, net cash and marketable securities increased to $23.5 million. Teton's investment strategies focus on small and mid-cap companies, aiming to benefit from the shift back to value equities. The company's CEO highlighted their distribution agreements and product diversification as strengths for future growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
Rhea-AI Summary
Teton Advisors, Inc. (TETAA) will be participating in The Microcap Conference on January 30, 31, and February 1, 2024 at Caesars Atlantic City Hotel & Casino. Marc Gabelli will be presenting on January 31 & February 1. The company's management team will also be conducting one-on-one meetings throughout the conference.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.23%
Tags
none
-
Rhea-AI Summary
Teton Advisors, Inc. will be participating in the upcoming Sidoti Micro-Cap Conference, with their CEO and EVP presenting on January 17, 2024. The presentation will cover recent financial performance, strategic initiatives, and product development. Interested parties can access the live presentation via a webinar link provided on the Sidoti event website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
conferences
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
conferences
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
conferences
Rhea-AI Summary

Teton Advisors, Inc. (OTCQX: TETAA) reported its Q4 and full-year 2022 financial results, revealing a 16% decline in annual revenue to $13.8 million and a 22% drop in Q4 revenue to $3.2 million. Fully diluted GAAP EPS decreased to $1.18 for the year from $1.85, with Q4 EPS at $0.27, down from $0.43. Cash EPS for the year was $1.62, a decline from $2.10. Average assets under management (AUM) fell 15% year-over-year to $1.7 billion. However, cash, cash equivalents, and marketable securities increased to $21.6 million, reflecting a 60% year-over-year growth. The company also announced the successful transition of its CEO position to Stephen Bondi as of April 24, 2023.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
management earnings

FAQ

What is the current stock price of TETON ADVISORS A (TETAA)?

The current stock price of TETON ADVISORS A (TETAA) is $14.5 as of November 20, 2024.

What is the market cap of TETON ADVISORS A (TETAA)?

The market cap of TETON ADVISORS A (TETAA) is approximately 24.0M.

Where is Teton Advisors Inc. A located?

Teton Advisors Inc. A is located at 741 Lakeside Dr, Victor, Idaho, United States.

What services does Teton Advisors Inc. A offer?

Teton Advisors Inc. A specializes in providing expert advisory services to clients in the real estate industry.

What is the focus of Teton Advisors Inc. A?

Teton Advisors Inc. A focuses on delivering personalized solutions and strategic insights to maximize real estate investments.

How has Teton Advisors Inc. A established itself in the industry?

Teton Advisors Inc. A has established itself as a trusted partner for clients seeking to optimize their real estate investments.

What sets Teton Advisors Inc. A apart from its competitors?

Teton Advisors Inc. A stands out for its personalized approach, strategic insights, and commitment to client success in the real estate industry.

What is the mission of Teton Advisors Inc. A?

The mission of Teton Advisors Inc. A is to provide expert advisory services that help clients achieve their real estate investment goals.

How can clients benefit from working with Teton Advisors Inc. A?

Clients can benefit from Teton Advisors Inc. A's expertise, personalized solutions, and strategic insights to make informed real estate investment decisions.

What is the reputation of Teton Advisors Inc. A in the market?

Teton Advisors Inc. A is known for its reputation as a trusted partner and expert advisor in the real estate industry.

What regions does Teton Advisors Inc. A serve?

Teton Advisors Inc. A serves clients in the real estate industry across various regions, offering tailored solutions to meet their specific needs.

How can clients get in touch with Teton Advisors Inc. A?

Clients can contact Teton Advisors Inc. A at their office located at 741 Lakeside Dr, Victor, Idaho, United States, or through their website for more information and inquiries.

TETON ADVISORS INC A

OTC:TETAA

TETAA Rankings

TETAA Stock Data

24.01M
991.39k
Asset Management
Financial Services
Link
United States of America
Greenwich