Houlihan Lokey Future Growth

Future criteria checks 4/6

Houlihan Lokey is forecast to grow earnings and revenue by 15.5% and 11.5% per annum respectively. EPS is expected to grow by 13.4% per annum. Return on equity is forecast to be 25.2% in 3 years.

Key information

15.5%

Earnings growth rate

13.4%

EPS growth rate

Capital Markets earnings growth	14.3%
Revenue growth rate	11.5%
Future return on equity	25.2%
Analyst coverage	Good
Last updated	08 Oct 2024

Recent future growth updates

Recent updates

Houlihan Lokey Q1 Earnings: Upgrading To Buy As I Gain Confidence On CY24 Recovery

Aug 05

Houlihan Lokey (NYSE:HLI) Is Increasing Its Dividend To $0.55

Jul 31

Houlihan Lokey: Fairly Valued, Now A 'Hold' (Rating Downgrade)

Jul 04

Houlihan Lokey Non-GAAP EPS of $1.14 beats by $0.02, revenue of $456M misses by $14.81M

Jan 31

Earnings and Revenue Growth Forecasts

NYSE:HLI - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
3/31/2027	2,741	475	N/A	N/A	5
3/31/2026	2,551	421	N/A	N/A	9
3/31/2025	2,250	367	N/A	N/A	9
6/30/2024	2,012	308	336	398	N/A
3/31/2024	1,914	280	262	328	N/A
12/31/2023	1,839	259	268	341	N/A
9/30/2023	1,784	251	260	331	N/A
6/30/2023	1,807	245	219	281	N/A
3/31/2023	1,809	254	86	136	N/A
12/31/2022	1,836	260	-70	-37	N/A
9/30/2022	2,268	370	400	424	N/A
6/30/2022	2,316	423	537	549	N/A
3/31/2022	2,270	438	728	737	N/A
12/31/2021	2,299	472	934	945	N/A
9/30/2021	1,948	417	691	701	N/A
6/30/2021	1,687	353	593	605	N/A
3/31/2021	1,525	313	566	580	N/A
12/31/2020	1,327	272	469	484	N/A
9/30/2020	1,122	203	260	273	N/A
6/30/2020	1,120	187	265	282	N/A
3/31/2020	1,159	184	267	288	N/A
12/31/2019	1,147	170	224	243	N/A
9/30/2019	1,112	165	204	222	N/A
6/30/2019	1,114	172	221	234	N/A
3/31/2019	1,084	159	218	224	N/A
12/31/2018	1,037	152	196	202	N/A
9/30/2018	998	169	193	199	N/A
6/30/2018	965	163	187	193	N/A
3/31/2018	963	172	N/A	251	N/A
12/31/2017	975	168	N/A	241	N/A
9/30/2017	963	141	N/A	281	N/A
6/30/2017	908	128	N/A	259	N/A
3/31/2017	870	108	N/A	252	N/A
12/31/2016	796	97	N/A	200	N/A
9/30/2016	755	86	N/A	109	N/A
6/30/2016	726	74	N/A	50	N/A
3/31/2016	694	70	N/A	12	N/A
12/31/2015	696	72	N/A	37	N/A
9/30/2015	687	73	N/A	120	N/A
6/30/2015	685	81	N/A	157	N/A
3/31/2015	681	80	N/A	197	N/A
12/31/2014	670	74	N/A	214	N/A
3/31/2014	592	61	N/A	165	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: HLI's forecast earnings growth (15.5% per year) is above the savings rate (2.5%).

Earnings vs Market: HLI's earnings (15.5% per year) are forecast to grow faster than the US market (15.3% per year).

High Growth Earnings: HLI's earnings are forecast to grow, but not significantly.

Revenue vs Market: HLI's revenue (11.5% per year) is forecast to grow faster than the US market (8.8% per year).

High Growth Revenue: HLI's revenue (11.5% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: HLI's Return on Equity is forecast to be high in 3 years time (25.2%)

Houlihan Lokey Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Price target increased by 8.8% to US$121

Price target increased by 10% to US$103

Consensus EPS estimates fall by 12%

Recent updates

High number of new directors

Houlihan Lokey, Inc. Appoints Joy Sioufi as Managing Director

Upcoming dividend of US$0.57 per share

Houlihan Lokey, Inc. Appoints Geoff Rhizor as Managing Director

Co-Chairman & Director exercised options and sold US$1.3m worth of stock

Houlihan Lokey, Inc. (NYSE:HLI) agreed to acquire Waller Helms Advisors for approximately $180 million.

Houlihan Lokey, Inc. (NYSE:HLI) agreed to acquire Waller Helms Advisors.

Houlihan Lokey, Inc. Announces Andrew Atherton Joins Fintech Group as a Managing Director

First quarter dividend of US$0.57 announced

First quarter 2025 earnings: EPS exceeds analyst expectations

Houlihan Lokey, Inc. Declares Regular Quarterly Cash Dividend of Class A and Class B Common Stock, Payable on September 15, 2024

Houlihan Lokey: Out Too Early, But Still A Hold

Houlihan Lokey, Inc., Annual General Meeting, Sep 18, 2024

Houlihan Lokey, Inc. to Report Q1, 2025 Results on Jul 30, 2024

Co-Executive Chairman notifies of intention to sell stock

Houlihan Lokey, Inc. Appoints Kenny Kraft as Consumer, Food & Retail Group as Managing Director

Co-President notifies of intention to sell stock

Houlihan Lokey (NYSE:HLI) Is Increasing Its Dividend To $0.57

Upcoming dividend of US$0.57 per share

Houlihan Lokey, Inc. Appoints Vieri Betti Guaraldi as Managing Director in Its Capital Markets Group

Houlihan Lokey: Leader Of The Restructuring League Expected To Grow More

Houlihan Lokey's (NYSE:HLI) Upcoming Dividend Will Be Larger Than Last Year's

Fourth quarter dividend increased to US$0.57

Houlihan Lokey, Inc. Declares A Regular Quarterly Cash Dividend of Class A and Class B Common Stock, Payable on June 15, 2024

Full year 2024 earnings: EPS misses analyst expectations

Houlihan Lokey, Inc. Hires Scott Kirkby as Managing Director, European Financial Services and Technology Team

Houlihan Lokey, Inc. Appoints Erik Kistler as Managing Director

Houlihan Lokey, Inc. Announces Directorate Appointments

Houlihan Lokey, Inc. to Report Q4, 2024 Results on May 08, 2024

Investors Interested In Houlihan Lokey, Inc.'s (NYSE:HLI) Earnings

Houlihan Lokey, Inc. Appoints Ashish Patel as Managing Director in Its Capital Markets Group

Houlihan Lokey, Inc Announces Management Appointments

Houlihan Lokey, Inc. Appoints Abhishek Jain as a Managing Director in its Transaction Advisory Services Practice

Houlihan Lokey, Inc. Appoints Val Shapiro to its Financial Sponsors Group as Managing Director

Brent Shepherd Joins as Managing Director in its Capital Markets Group of Houlihan Lokey, Inc

Houlihan Lokey, Inc. Announces Chief Executive Officer Changes

Upcoming dividend of US$0.55 per share

Third quarter dividend of US$0.55 announced

Third quarter 2024 earnings: EPS in line with analyst expectations despite revenue beat

Houlihan Lokey: Current Rate Environment Is Positive

Houlihan Lokey, Inc. Declares A Regular Quarterly Cash Dividend of Class A and Class B Common Stock, Payable on March 15, 2024

Houlihan Lokey: Limited Upside Due To High Valuation

Houlihan Lokey, Inc. Appoints Michael Hommeyer as Managing Director in Its Capital Markets Group

Houlihan Lokey, Inc. to Report Q3, 2024 Results on Feb 01, 2024

Price target increased by 8.8% to US$121

Houlihan Lokey, Inc. Expands Healthcare Group with Two Senior Hires

Getting In Cheap On Houlihan Lokey, Inc. (NYSE:HLI) Is Unlikely

Executive Chairman notifies of intention to sell stock

Houlihan Lokey, Inc. (NYSE:HLI) signed a definitive agreement to acquire Triago Management Development S.A.R.L.

Houlihan Lokey, Inc. (NYSE:HLI) signed a definitive agreement to acquire Triago Management Development S.A.R.L.

Houlihan Lokey, Inc. Announces Management Changes

Houlihan Lokey, Inc. Appoints Rob Kordas as Managing Director in Its Industrials Group

MD & CFO exercised options and sold US$1.1m worth of stock

Upcoming dividend of US$0.55 per share at 2.1% yield

Houlihan Lokey, Inc. Appoints Kartik Sudeep as A Managing Director to Financial Technology Group

CEO & Director notifies of intention to sell stock

Houlihan Reportedly in Talks to Acquire Triago

Houlihan Lokey: Recovery Is On The Right Track

Houlihan Lokey, Inc. Declares Quarterly Cash Dividend on Class A and Class B Common Stock, Payable on December 15, 2023

Second quarter 2024 earnings: EPS and revenues exceed analyst expectations

Houlihan Lokey, Inc. to Report Q2, 2024 Results on Oct 26, 2023

Houlihan Lokey: It Can Gain From Economy's Pain

Houlihan Lokey, Inc. Announces Appointment of Julia Perroni as Managing Director in its Capital Markets Group

Houlihan Lokey Launches Sustainability Advisory Services Practice

Houlihan Lokey (NYSE:HLI) Is Paying Out A Larger Dividend Than Last Year

Upcoming dividend of US$0.55 per share at 2.2% yield

Houlihan Lokey Q1 Earnings: Upgrading To Buy As I Gain Confidence On CY24 Recovery

Houlihan Lokey (NYSE:HLI) Is Increasing Its Dividend To $0.55

Houlihan Lokey, Inc., Annual General Meeting, Sep 20, 2023

First quarter 2024 earnings: EPS and revenues miss analyst expectations

Houlihan Lokey, Inc. Declares Regular Quarterly Cash Dividend of Class A and Class B Common Stock, Payable on September 15, 2023

Houlihan Lokey, Inc. Appoints Jonathan Jameson as Managing Director of Private Funds Group