NASDAQ: HNNA
Hennessy Advisors, Inc.
Financial Services · Asset Management
Market Cap
$77.92M
52w High
$13.19
52w Low
$8.90
P/E
9.29
Volume
4.35K
Outstanding Shares
7.90M
Price vs Fundamentals
Why The Stock Is Moving
What changed
The stock fell 5.65% over the last year. Revenue declined 7.14% over the trailing twelve months. Operating margin moved from 36.02% to 33.56%. Free cash flow declined 17.16% over the trailing twelve months.
What the market seems to be pricing
The stock has moved lower against modestly weakening underlying metrics. The operating data does not yet tell a clear story — the move may reflect sentiment, sector rotation, or macro factors rather than company-specific earnings power.
What would invalidate this read
Operating margin currently stands at 33.56%. A decisive move in revenue — currently down 7.14% — would be the clearest signal to resolve the ambiguity.
Company profile
Hennessy Advisors, Inc. is publicly owned investment manager.
Valuation
Stock splits
Every 2 shares became 3
Every 2 shares became 3
Every 2 shares became 3
Every 2 shares became 3
Every 2 shares became 3
Profitability & growth
Standard profitability metrics can be misleading for financial/insurance companies. GAAP requires unrealized investment gains/losses in net income (affecting ROE), and margins are blended across diverse business segments.
Analyst consensus
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Aug 6, 2026
Q3 FY26 · EPS est $0.37 · Revenue est $9.96M
View
Dividends
$0.58/shareQuarterlyDividend Achiever · 14yrEx-div May 21, 2026 · in 7dSafeHNNA pays a dividend with a 5.83% declared yield, 14 consecutive years of growth, growing at 0.89% annually, covered 3.2× by free cash flow.
Declared Yield
5.83%
Annual Div / Share
$0.58
TTM $0.56
5yr CAGR
+0.89%
Doubles every ~78.0yr
Payout Ratio
51.66%
Safe
Dividend Growth Rate
3yr CAGR
+1.49%
5yr CAGR
+0.89%
10yr CAGR
+11.91%
Dividend History
Annualized dividend cycles per share
Income Projection
Today
$5/mo
In 5 yrs
$5/mo
In 10 yrs
$5/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$58/yr $5/mo | $61/yr+5% $5/mo | $64/yr+9% $5/mo |
Yield-on-cost grows from 5.83% → 6.37% over 10yr
Analysis
Dividend Strengths
Dividend Achiever
HNNA has raised its dividend for 14 consecutive years — qualifying as a Dividend Achiever, demonstrating long-term commitment to shareholder income.
Well-covered by free cash flow
The dividend is covered 3.2× by free cash flow, indicating the company generates sufficient cash to sustain and potentially grow the payout without straining its finances.
Risks to Watch
No strong risk signal stands out from the latest period pair.