U.S. Global Investors (GROW) Releases Quarterly Earnings Results

U.S. Global Investors (NASDAQ:GROW) posted its quarterly earnings data on Wednesday. The asset manager reported $0.05 earnings per share for the quarter, Bloomberg Earnings reports. U.S. Global Investors had a return on equity of 1.81% and a net margin of 7.88%.

U.S. Global Investors (NASDAQ GROW) traded up $0.14 on Thursday, reaching $3.42. The company had a trading volume of 315,100 shares, compared to its average volume of 702,885. U.S. Global Investors has a fifty-two week low of $1.25 and a fifty-two week high of $7.49. The company has a market capitalization of $42.96, a price-to-earnings ratio of 109.33 and a beta of 0.48.

The business also recently announced a monthly dividend, which was paid on Monday, January 29th. Investors of record on Tuesday, January 16th were issued a dividend of $0.0025 per share. The ex-dividend date was Friday, January 12th. This represents a $0.03 annualized dividend and a yield of 0.88%. U.S. Global Investors’s payout ratio is presently 100.03%.

Several research firms have recently weighed in on GROW. ValuEngine cut U.S. Global Investors from a “buy” rating to a “hold” rating in a research report on Wednesday, January 3rd. TheStreet raised U.S. Global Investors from a “d+” rating to a “c-” rating in a research report on Monday, November 6th.

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About U.S. Global Investors

U.S. Global Investors, Inc is an investment advisor. The Company, with principal operations located in San Antonio, Texas, manages three business segments. The Investment Management Services segment, through the United States Global Investors Funds (USGIF), offers offshore clients, and an exchange traded fund (ETF) client, a range of investment management products and services to meet the needs of individual and institutional investors.

Earnings History for U.S. Global Investors (NASDAQ:GROW)

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