Streetbeat News

Associated Capital Group, Inc.

https://www.associated-capital-group.com

Industry

Financial - Capital Markets

Associated Capital Group, Inc. provides investment advisory services in the United States. The company offers alternative investment management and asset management services. It also invests in new and existing businesses. The company was founded in 1976 and is headquartered in Greenwich, Connecticut.

Open

36.75

Mkt cap

773M

Volume

High

38.50

P/E Ratio

23.58

52-wk high

43.85

Low

36.32

Div yield

0.06

52-wk low

28.58

Associated Capital Group, Inc. (AC) announced a preliminary Q1 book value of $42.67 to $42.87 per share, an increase from $42.11 at the end of 2023 and $41.30 at the end of Q1 2023. Detailed financial results will be released in May.

Portfolio Pulse from Benzinga Newsdesk

April 05, 2024 | 8:35 pm

Earnings reports for February 16, 2024, include a mix of expected profits and losses across various sectors. Notable companies like Liberty Broadband, TC Energy, and Vulcan Materials are anticipated to report profits, while others like Telephone and Data, Cinemark Holdings, and American Axle & Mfg Hldgs are projected to report losses.

Portfolio Pulse from Benzinga Insights

February 16, 2024 | 9:45 am

Associated Cap Gr (AC) reported a Q4 EPS of $0.76, up 22.58% YoY, but saw a decrease in sales to $5.64M, down 25.23% YoY.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 5:38 am

Associated Capital reported an increase in its preliminary Q4 book value per share to a range of $41.91-$42.11, up from $41.43 at the end of Q3 2023 and $40.48 at the end of 2022.

Portfolio Pulse from Benzinga Newsdesk

January 10, 2024 | 12:35 pm

Associated Capital Group (AC) has appointed Ian McAdams as its new Chief Financial Officer. The company has not provided further details about the appointment.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 7:46 am

Associated Cap Gr (NYSE:AC) reported a 14.13% decrease in sales this quarter, with sales of $2.20 million compared to $2.56 million in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 7:35 am

US stock futures indicate a flat opening after several consecutive gains. Traders are awaiting Federal Reserve Chair Jerome Powell’s speech for insights into possible rate cuts. Media earnings, including Walt Disney Co., are in focus. Bond yields remain stable, reflecting dovish messages from Fed officials. The S&P 500 and the Nasdaq Composite had their longest winning streak since November 2021. In premarket trading, the SPDR S&P 500 ETF Trust ticked up 0.04% and the Invesco QQQ ETF edged down 0.01%. Several companies including Rivian Automotive, Lucid Group, Akamai Technologies, eBay, GoPro, H&R Block, IAC Inc., and Upstart Holdings reported earnings.

Portfolio Pulse from Shanthi Rexaline

November 08, 2023 | 12:12 pm

The S&P 500 and Nasdaq are set to break their 6-day rally as stock futures indicate a lower opening on Tuesday. The day is expected to be dominated by a series of Federal Reserve speeches. The SPDR S&P 500 ETF Trust (NYSE:SPY) slipped 0.36% to $434.10 and the Invesco QQQ ETF (NASDAQ:QQQ) fell 0.31% to $368.07 in premarket trading. Several companies including Alteryx, Inc. (NYSE:AYX), Vertex Pharmaceuticals Incorporated (NASDAQ:VRTX), and Sanmina Corporation (NASDAQ:SANM) saw significant movement in premarket trading following their earnings reports.

Portfolio Pulse from Shanthi Rexaline

November 07, 2023 | 12:15 pm

Several companies are scheduled to report their earnings on August 11, 2023. Some of these include Consolidated Water Co, Associated Cap Gr, Longeveron, Star Equity Hldgs, The Real Good Food, Iterum Therapeutics, Advent Technologies Hldgs, ReWalk Robotics, Soho House, Nauticus Robotics, Moleculin Biotech, Biofrontera, AirSculpt Technologies, Spectrum Brands Holdings, China Automotive Systems, Telesat, NeoGenomics, Vislink Technologies, American Strategic, AIM ImmunoTech, Mammoth Energy Services, Antero Resources, Bridgeline Digital, Safe & Green Holdings, and Central Puerto.

Portfolio Pulse from Benzinga Insights

August 11, 2023 | 11:05 am

Associated Cap Gr (NYSE:AC) reported Q2 earnings of $0.15 per share, a 111.03% increase YoY. However, sales decreased by 6.44% to $2.38 million compared to $2.55 million in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 9:38 pm

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