Why Hennessy Advisors stock moves
Hennessy Advisors fell, against a slightly rising S&P 500.
Written after the close on ·
Why today
16,413 news analyzed todayHennessy Advisors fell, against a slightly rising S&P 500.
No company news explains it.
Over the last five trading days the stock was roughly unchanged, while the S&P 500 fell sharply, so it held up better than the market.
The session's heavy trading and a move about four times its normal daily swing suggest a sharp repricing, but the cause is not identified in the news.
Today's move of −3.14% was 4.8 times a normal day's 0.7%. S&P 500 moved +0.31% on the same day.
Hennessy Advisors −3.14%S&P 500 +0.31%Against the market
Has the share price followed the business?
Price and earnings moved in the same direction: 3 out of 3 years. Across US companies, that happens in about 65% of years. In 2025, the price changed +5% and earnings per share +38%.
Revenue, profit and market cap
RevenueProfitMarket cap$M
Assets, liabilities and market cap
AssetsLiabilitiesMarket cap$M
Price and earnings moved in the same direction: 3 out of 3 years.Market cap (Now): $80.5MRevenue 2025: $35.5M
What the key figures say about Hennessy Advisors
The figures connect what Hennessy Advisors earns with what investors pay.
The line shows the share price in the same year, on its own scale.
Profit divided by the number of shares. Each share represents this much of the earnings.
2022–2025: $0.63–$1.27. Peers: Nuveen Multi-Market Income Fund (MA) $0.25, Seafire 0.31 SEK, VEF 0.00 SEK.
What the company sold during the year.
2022–2025: $24.0M–$35.5M. Peers: Nuveen Multi-Market Income Fund (MA) $4.7M, Seafire 981 m SEK, VEF $6.2M.
The percentage of revenue left after the costs of running the business.
2022–2025: 26.4%–37.0%. Peers: Seafire 0.2%, VEF −1078.9%.
Profit as a percentage of shareholders’ money in the company.
2022–2025: 5.4%–10.2%. Peers: Nuveen Multi-Market Income Fund (MA) 4.0%, Seafire 2.6%, VEF −1.1%.
The price investors pay for each unit of annual earnings per share. Not shown for a loss.
2022–2025: 8.2–10.8. Peers: Nuveen Multi-Market Income Fund (MA) 22.9, Seafire 22.2.
What investors pay for each unit the company sells.
2022–2025: 2.13–2.61. Peers: Nuveen Multi-Market Income Fund (MA) 11.43, Seafire 0.50.
Money paid to shareholders per share, summed by calendar year.
2017–2025: $0.30–$0.55.
The ordinary yearly dividend as a percentage of the share price. Across US companies, a yield of this size was followed by a lower dividend the next year in about 26% of cases, against about 6% below 5%.
2022–2025: 5.3%–8.3%. Peers: Nuveen Multi-Market Income Fund (MA) 6.1%, Seafire 0.0%, VEF 0.0%.
Net debt divided by operating earnings before depreciation and amortisation.
2022–2025: -2.32–-1.85. Peers: Seafire 2.18.
More key figures
Market cap divided by shareholders’ equity, what remains after liabilities.
2022–2025: 0.58–0.85. Peers: Nuveen Multi-Market Income Fund (MA) 0.88, Seafire 0.51.
Market cap plus net debt, divided by operating earnings. This includes debt.
2022–2025: 3.2–4.6.
Cash left after investments, divided by the number of shares.
2022–2025: $0.90–$1.69. Peers: Nuveen Multi-Market Income Fund (MA) $0.37, Seafire 0.41 SEK, VEF $0.01.
The percentage of assets financed by shareholders’ equity.
2022–2025: 60.0%–60.9%.
The dividend explained
A dividend is money paid to shareholders. Hennessy Advisors paid $0.59 per share in the twelve months through November 6, 2026.
On the ex-dividend day, August 20, 2026, Hennessy Advisors traded without the right to the $0.15 dividend. The price went from $10.02 to $9.89; including the dividend, the day's change was +0.2%. Entitlement passes from the company to shareholders on the ex-day; payment comes later.
2017: $0.302018: $0.412019: $0.502020: $0.552021: $0.552022: $0.552023: $0.552024: $0.552025: $0.552026 so far: $0.45
What to watch next, and why
From the ex-day, Hennessy Advisors trades without entitlement to the next dividend.
- The dividend explained
From the ex-day, Hennessy Advisors trades without entitlement to the next dividend.
$10,000 in Hennessy Advisors bought on November 7, 2016 is worth $9,650 today, with dividends reinvested.
The same amount in S&P 500 with dividends would have become $40,400.
What would $10,000 in Hennessy Advisors be worth today? →
What would $10,000 in Hennessy Advisors be worth today?
$9,650
with dividends reinvested, bought on November 7, 2016. The same amount in S&P 500 with dividends would have become $40,400.
At worst it was worth $3,840 (March 19, 2020).
The five biggest days of the journey
· +28.5% · the whole market rose 0.7% the same day
· +23.1% · the whole market rose 1.7% the same day
· −20.8% · the whole market fell 0.1% the same day
· −15.9% · the whole market fell 12.0% the same day
· −15.7% · the whole market fell 5.2% the same day
Earlier days
−0.59% market −2.70% Hennessy Advisors was roughly unchanged over the week, while the wider market fell sharply, so the shares held up better than the S&P 500. Read →
Hennessy Advisors was roughly unchanged over the week, while the wider market fell sharply, so the shares held up better than the S&P 500.
Its sector ETF rose slightly, so the stock also lagged its sector.
Last session the shares fell very sharply, moving against a slightly rising market, and trading was well above normal.
−0.09% market −4.41% Hennessy Advisors held steady without a company-news explanation. Read →
Hennessy Advisors held steady without a company-news explanation.
It moved less than the S&P 500, which fell very sharply that day.
Over the last five trading days, the stock rose clearly, a big move for it.
The rise came while the S&P 500 fell very sharply, so it moved against the market.
+1.94% market +1.65% Hennessy Advisors rose with the market. Read →
Hennessy Advisors rose with the market.
The S&P 500 also rose sharply, so the stock moved in line with the market.
Over the last five trading days, Hennessy Advisors rose clearly while the S&P 500 fell slightly, so it moved against the market.
That weekly rise was about twice a normal five-day move, and trading volume was well above usual.
Its shares traded near their highest close of the past year, after a low in mid-December.
+0.39% market +0.30% Hennessy Advisors rose, in line with the market. Read →
Hennessy Advisors rose, in line with the market.
In the last session, the S&P 500 also rose slightly, so the stock moved with the broad market.
It moved against its sector, the Financial Services sector ETF, a fund that tracks that group of stocks, which fell clearly.
The move was an ordinary-sized one for Hennessy Advisors, and trading volume was about four times its usual level.
Over the last five trading days, the stock rose slightly while the S&P 500 fell clearly.
+0.59% market −1.77% Hennessy Advisors edged up without company news. Read →
Hennessy Advisors edged up without company news.
Over the last five trading days, the stock rose slightly while the S&P 500 fell slightly, so it moved against the market.
The last session's move was small and within its usual daily range, and no company news from that session explains it.
The dividend declaration of $0.15 a share came out on Wednesday, before the last session, and that news is dated background.
The stock sits near its highest close of the past year and well above its low from mid-December.
+0.69% market −0.56% Hennessy Advisors rose slightly over the week, moving against a falling S&P 500 and lagging a slightly rising sector. Read →
Hennessy Advisors rose slightly over the week, moving against a falling S&P 500 and lagging a slightly rising sector.
The main company news was a routine quarterly dividend of $0.15 a share, declared on Wednesday 28 October, payable 25 November to holders of record on 10 November.
A regular dividend like this is usually a sign of steady cash generation, which can support the shares.
The move itself was ordinary in size, with trading volume near its usual level.
Learn more · Why does a stock fall on the ex-dividend date? · Why do stocks go up and down?