Hamilton Lane Incorporated is an investment firm specializing in direct and fund of fund investments. More Details
Solid track record with high growth potential.
Share Price & News
How has Hamilton Lane's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: HLNE is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: HLNE's weekly volatility (4%) has been stable over the past year.
7 Day Return
US Capital Markets
1 Year Return
US Capital Markets
Return vs Industry: HLNE underperformed the US Capital Markets industry which returned 59.1% over the past year.
Return vs Market: HLNE exceeded the US Market which returned 42.6% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Hamilton Lane's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StHamilton Lane (NASDAQ:HLNE) Could Be A Buy For Its Upcoming Dividend
3 weeks ago | Simply Wall StHamilton Lane's (NASDAQ:HLNE) Shareholders Will Receive A Bigger Dividend Than Last Year
3 months ago | Simply Wall StIs It Worth Buying Hamilton Lane Incorporated (NASDAQ:HLNE) For Its 1.4% Dividend Yield?
Is Hamilton Lane undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: HLNE ($90.98) is trading below our estimate of fair value ($139.81)
Significantly Below Fair Value: HLNE is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: HLNE is poor value based on its PE Ratio (32.3x) compared to the US Capital Markets industry average (15x).
PE vs Market: HLNE is poor value based on its PE Ratio (32.3x) compared to the US market (19.2x).
Price to Earnings Growth Ratio
PEG Ratio: HLNE is poor value based on its PEG Ratio (1.5x)
Price to Book Ratio
PB vs Industry: HLNE is good value based on its PB Ratio (13.9x) compared to the US Capital Markets industry average (65.9x).
How is Hamilton Lane forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HLNE's forecast earnings growth (21.6% per year) is above the savings rate (2%).
Earnings vs Market: HLNE's earnings (21.6% per year) are forecast to grow faster than the US market (15.7% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: HLNE's revenue (10% per year) is forecast to grow faster than the US market (9.5% per year).
High Growth Revenue: HLNE's revenue (10% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: HLNE's Return on Equity is forecast to be high in 3 years time (31.7%)
How has Hamilton Lane performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HLNE has high quality earnings.
Growing Profit Margin: HLNE's current net profit margins (27.3%) are higher than last year (22.2%).
Past Earnings Growth Analysis
Earnings Trend: HLNE has become profitable over the past 5 years, growing earnings by 60.8% per year.
Accelerating Growth: HLNE's earnings growth over the past year (53.5%) is below its 5-year average (60.8% per year).
Earnings vs Industry: HLNE earnings growth over the past year (53.5%) exceeded the Capital Markets industry 48.4%.
Return on Equity
High ROE: HLNE's Return on Equity (28.6%) is considered high.
How is Hamilton Lane's financial position?
Financial Position Analysis
Short Term Liabilities: HLNE's short term assets ($127.9M) exceed its short term liabilities ($66.2M).
Long Term Liabilities: HLNE's short term assets ($127.9M) do not cover its long term liabilities ($480.1M).
Debt to Equity History and Analysis
Debt Level: HLNE's debt to equity ratio (27.6%) is considered satisfactory.
Reducing Debt: HLNE had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: HLNE's debt is well covered by operating cash flow (115.3%).
Interest Coverage: HLNE's interest payments on its debt are well covered by EBIT (188.3x coverage).
What is Hamilton Lane current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: HLNE's dividend (1.54%) is higher than the bottom 25% of dividend payers in the US market (1.3%).
High Dividend: HLNE's dividend (1.54%) is low compared to the top 25% of dividend payers in the US market (3.46%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, HLNE has been paying a dividend for less than 10 years.
Growing Dividend: HLNE's dividend payments have increased, but the company has only paid a dividend for 4 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (44.4%), HLNE's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: HLNE's dividends in 3 years are forecast to be covered by earnings (51.5% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mario Giannini (66 yo)
Mr. Mario Lucio Giannini, J.D. has been the Chief Executive Officer of Hamilton Lane Advisors, L.L.C. since 2001. Mr. Giannini serves as the Chief Executive Officer of Private Equity Women Investor Network...
CEO Compensation Analysis
Compensation vs Market: Mario's total compensation ($USD500.60K) is below average for companies of similar size in the US market ($USD6.60M).
Compensation vs Earnings: Mario's compensation has been consistent with company performance over the past year.
Experienced Management: HLNE's management team is considered experienced (3.3 years average tenure).
Experienced Board: HLNE's board of directors are considered experienced (4.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Hamilton Lane Incorporated's company bio, employee growth, exchange listings and data sources
- Name: Hamilton Lane Incorporated
- Ticker: HLNE
- Exchange: NasdaqGS
- Founded: 1991
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Implied Market Cap: US$4.950b
- Market Cap: US$3.302b
- Shares outstanding: 54.40m
- Website: https://www.hamiltonlane.com
Number of Employees
- Hamilton Lane Incorporated
- 110 Washington Street
- Suite 13
- United States
Hamilton Lane Incorporated is an investment firm specializing in direct and fund of fund investments. It provides following services: separate accounts (customized to each individual client and structured ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/06/24 02:53|
|End of Day Share Price||2021/06/23 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.