Home / FINANCIAL NEWS / Somewhat Favorable Press Coverage Somewhat Unlikely to Affect B. Riley Financial (RILY) Share Price

Somewhat Favorable Press Coverage Somewhat Unlikely to Affect B. Riley Financial (RILY) Share Price

News coverage about B. Riley Financial (NASDAQ:RILY) has been trending somewhat positive on Thursday, according to Accern. The research firm rates the sentiment of media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. B. Riley Financial earned a coverage optimism score of 0.14 on Accern’s scale. Accern also assigned media headlines about the asset manager an impact score of 47.0475050090793 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Shares of B. Riley Financial (NASDAQ RILY) traded up 0.61% on Thursday, reaching $16.40. The company’s stock had a trading volume of 154,568 shares. The stock has a 50-day moving average price of $17.83 and a 200-day moving average price of $16.07. B. Riley Financial has a 1-year low of $9.40 and a 1-year high of $21.30. The company has a market capitalization of $347.94 million, a price-to-earnings ratio of 8.56 and a beta of 1.09.

B. Riley Financial (NASDAQ:RILY) last announced its earnings results on Monday, August 7th. The asset manager reported $0.37 earnings per share for the quarter. B. Riley Financial had a return on equity of 22.74% and a net margin of 14.34%. The company had revenue of $66.68 million for the quarter.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, August 29th. Investors of record on Monday, August 21st were paid a $0.08 dividend. The ex-dividend date of this dividend was Thursday, August 17th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.95%. B. Riley Financial’s dividend payout ratio (DPR) is presently 16.24%.

In other B. Riley Financial news, Chairman Bryant R. Riley purchased 31,480 shares of the firm’s stock in a transaction that occurred on Friday, June 2nd. The shares were purchased at an average cost of $14.56 per share, for a total transaction of $458,348.80. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, President Thomas J. /Adv Kelleher purchased 3,148 shares of the firm’s stock in a transaction that occurred on Friday, June 2nd. The stock was acquired at an average price of $14.56 per share, for a total transaction of $45,834.88. Following the completion of the purchase, the president now owns 48,757 shares of the company’s stock, valued at $709,901.92. The disclosure for this purchase can be found here. Over the last 90 days, insiders purchased 62,628 shares of company stock worth $939,584. Company insiders own 30.90% of the company’s stock.

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B. Riley Financial Company Profile

B. Riley Financial, Inc is an independent investment bank. The Company’s segments include capital markets, auction and liquidation, valuation and appraisal, and Principal Investments-United Online. The capital markets segment provides an array of investment banking, corporate finance, research, wealth management, sales and trading services to corporate, institutional and high net worth clients.

Insider Buying and Selling by Quarter for B. Riley Financial (NASDAQ:RILY)

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