U.S. Global Investors (GROW) Set to Announce Quarterly Earnings on Thursday

U.S. Global Investors (NASDAQ:GROW) is set to issue its quarterly earnings data after the market closes on Thursday, November 7th. Parties that are interested in registering for the company’s conference call can do so using this link.

U.S. Global Investors (NASDAQ:GROW) last announced its earnings results on Tuesday, September 10th. The asset manager reported $0.02 earnings per share for the quarter. The business had revenue of $2.44 million for the quarter. U.S. Global Investors had a net margin of 12.14% and a return on equity of 2.66%.

U.S. Global Investors Price Performance

Shares of GROW opened at $2.40 on Wednesday. The firm’s 50 day simple moving average is $2.51 and its 200 day simple moving average is $2.58. The company has a market capitalization of $32.83 million, a P/E ratio of 24.00 and a beta of 1.85. U.S. Global Investors has a 1-year low of $2.38 and a 1-year high of $3.11.

U.S. Global Investors Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Monday, December 30th. Shareholders of record on Monday, December 16th will be paid a dividend of $0.0075 per share. This represents a $0.09 annualized dividend and a dividend yield of 3.75%. The ex-dividend date is Monday, December 16th. U.S. Global Investors’s dividend payout ratio (DPR) is presently 90.00%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com started coverage on shares of U.S. Global Investors in a research note on Monday. They set a “hold” rating on the stock.

About U.S. Global Investors

U.S. Global Investors, Inc is a publicly owned investment manager. It primarily provides its services to investment companies. The firm is a large advisory firm, an investment adviser to an investment company which provides portfolio management for investment companies. The firm manages and launches equity/balanced funds, fixed income funds and other funds.