Diamond Hill Investment Stock Today

DHIL Stock  USD 149.71  0.24  0.16%   

Performance

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Odds Of Distress

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Diamond Hill is selling for 149.71 as of the 19th of March 2024. This is a -0.16 percent decrease since the beginning of the trading day. The stock's lowest day price was 149.29. Diamond Hill has only a 8 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. Equity ratings for Diamond Hill Investment are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of March 2022 and ending today, the 19th of March 2024. Click here to learn more.
Business Domain
Financial Services
IPO Date
10th of October 1995
Classification
Financials
Diamond Hill Investment Group, Inc., through its subsidiary, Diamond Hill Capital Management, Inc., provides investment advisory and fund administration services in the United States. The company was founded in 1990 and is based in Columbus, Ohio. Diamond Hill operates under Asset Management classification in the United States and is traded on NASDAQ Exchange. The company has 2.84 M outstanding shares of which 24.6 K shares are currently shorted by private and institutional investors with about 1.32 trading days to cover. More on Diamond Hill Investment

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Diamond Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Diamond Hill's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Diamond Hill or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO DirectorHeather CFA
Thematic IdeaTrading (View all Themes)
Business ConcentrationAsset Management & Custody Banks, Financial Services, NASDAQ Composite, NASDAQ Composite Total, Trading, Financials, Capital Markets, Asset Management, Financial Services (View all Sectors)
Average Analyst Recommendation
Analysts covering Diamond Hill report their recommendations after researching Diamond Hill's financial statements, talking to executives and customers, or listening in on Diamond Hill's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Diamond Hill Investment. The Diamond consensus assessment is calculated by taking the average forecast from all of the analysts covering Diamond Hill.
Financial Strength
Based on the analysis of Diamond Hill's profitability, liquidity, and operating efficiency, Diamond Hill Investment is not in a good financial situation at this time. It has a very high probability of going through financial hardship in April. Financial strength of Diamond Hill Investment is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.110.1819
Way Down
Slightly volatile
Gross Profit Margin0.490.9667
Way Down
Very volatile
Total Current Liabilities33.9 M35.7 M
Notably Down
Slightly volatile
Non Current Liabilities Total34.3 M36.1 M
Notably Down
Slightly volatile
Total Assets243.7 M232.1 M
Sufficiently Up
Slightly volatile
Total Current Assets66.7 M70.2 M
Notably Down
Slightly volatile
Total Cash From Operating Activities22.9 M45.6 M
Way Down
Slightly volatile
Diamond Hill's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Diamond Hill's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Diamond Hill's financial leverage. It provides some insight into what part of Diamond Hill's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Diamond Hill's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Diamond Hill deploys its capital and how much of that capital is borrowed.
Liquidity
Diamond Hill cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 800 K in liabilities with Debt to Equity (D/E) ratio of 0.01, which may suggest the company is not taking enough advantage from borrowing. Diamond Hill Investment has a current ratio of 2.36, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Diamond Hill until it has trouble settling it off, either with new capital or with free cash flow. So, Diamond Hill's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Diamond Hill Investment sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Diamond to invest in growth at high rates of return. When we think about Diamond Hill's use of debt, we should always consider it together with cash and equity.

Depreciation

707,400
Diamond Hill Investment (DHIL) is traded on NASDAQ Exchange in USA. It is located in 325 John H. McConnell Boulevard, Columbus, OH, United States, 43215 and employs 129 people. Diamond Hill is listed under Asset Management & Custody Banks category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 426.39 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Diamond Hill's market, we take the total number of its shares issued and multiply it by Diamond Hill's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Diamond Hill Investment conducts business under Capital Markets sector and is part of Financials industry. The entity has 2.84 M outstanding shares of which 24.6 K shares are currently shorted by private and institutional investors with about 1.32 trading days to cover. Diamond Hill Investment currently holds about 63.19 M in cash with 45.6 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 20.82.
Check Diamond Hill Probability Of Bankruptcy
Ownership Allocation
The market capitalization of Diamond Hill Investment is currently $426.39 Million. Over half of Diamond Hill's outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that obtain positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Diamond Hill. Please watch out for any change in the institutional holdings of Diamond Hill Investment as this could mean something significant has changed or is about to change at the company. Please note that no matter how profitable the entity is or how many assets it hold, if the real value is less than what market suggests, you will most likely generate negative returns and should consider selling it at some point.
Check Diamond Ownership Details

Diamond Stock Price Odds Analysis

Proceeding from a normal probability distribution, the odds of Diamond Hill jumping above the current price in 90 days from now is about 87.03%. The Diamond Hill Investment probability density function shows the probability of Diamond Hill stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.5544 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Diamond Hill will likely underperform. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Diamond Hill Investment is significantly underperforming NYSE Composite.
  Odds Below 149.71HorizonTargetOdds Above 149.71
12.83%90 days
 149.71 
87.03%
Based on a normal probability distribution, the odds of Diamond Hill to move above the current price in 90 days from now is about 87.03 (This Diamond Hill Investment probability density function shows the probability of Diamond Stock to fall within a particular range of prices over 90 days) .

Diamond Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Diamond Hill that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Diamond Hill's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Diamond Hill's value.
InstituionRecorded OnShares
Charles Schwab Investment Management Inc2023-12-31
42.3 K
Punch & Associates Inv Mgmt Inc2023-12-31
34.3 K
Hotchkis & Wiley Capital Management Llc2023-12-31
33.1 K
Northern Trust Corp2023-12-31
32 K
Dean C H & Associates Inc2023-12-31
28.5 K
Aqr Capital Management Llc2023-12-31
28.3 K
Jbf Capital, Inc.2023-12-31
26.4 K
American Century Companies Inc2023-12-31
25.2 K
Bank Of New York Mellon Corp2023-12-31
25 K
Blackrock Inc2023-12-31
258.7 K
Vanguard Group Inc2023-12-31
162.4 K
View Diamond Hill Diagnostics

Diamond Hill Historical Income Statement

Diamond Hill Investment Income Statement is one of the three primary financial statements used for reporting Diamond's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Diamond Hill Investment revenue and expense. Diamond Hill Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Diamond Hill's Total Operating Expenses is quite stable compared to the past year. Total Other Income Expense Net is expected to rise to about 7.9 M this year, although the value of Selling General Administrative will most likely fall to about 12.7 M. View More Fundamentals

Diamond Stock Against Markets

Picking the right benchmark for Diamond Hill stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Diamond Hill stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Diamond Hill is critical whether you are bullish or bearish towards Diamond Hill Investment at a given time. Please also check how Diamond Hill's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Diamond Hill without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Diamond Hill Corporate Directors

Diamond Hill corporate directors refer to members of a Diamond Hill board of directors. The board of directors generally takes responsibility for the Diamond Hill's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Diamond Hill's board members must vote for the resolution. The Diamond Hill board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Randolph FortenerIndependent DirectorProfile
Nicole PierreIndependent DirectorProfile
Paula MeyerIndependent DirectorProfile
Paul ReederDirectorProfile

How to buy Diamond Stock?

Before investing in Diamond Hill, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Diamond Hill. To buy Diamond Hill stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Diamond Hill. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Diamond Hill stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Diamond Hill Investment stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Diamond Hill Investment stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Diamond Hill Investment, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Diamond Stock please use our How to Invest in Diamond Hill guide.

Already Invested in Diamond Hill Investment?

The danger of trading Diamond Hill Investment is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Diamond Hill is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Diamond Hill. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Diamond Hill Investment is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Diamond Hill Investment is a strong investment it is important to analyze Diamond Hill's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Diamond Hill's future performance. For an informed investment choice regarding Diamond Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Diamond Hill Investment. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

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When running Diamond Hill's price analysis, check to measure Diamond Hill's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Diamond Hill is operating at the current time. Most of Diamond Hill's value examination focuses on studying past and present price action to predict the probability of Diamond Hill's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Diamond Hill's price. Additionally, you may evaluate how the addition of Diamond Hill to your portfolios can decrease your overall portfolio volatility.
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Is Diamond Hill's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Diamond Hill. If investors know Diamond will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Diamond Hill listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.04)
Dividend Share
6
Earnings Share
14.32
Revenue Per Share
46.366
Quarterly Revenue Growth
(0.03)
The market value of Diamond Hill Investment is measured differently than its book value, which is the value of Diamond that is recorded on the company's balance sheet. Investors also form their own opinion of Diamond Hill's value that differs from its market value or its book value, called intrinsic value, which is Diamond Hill's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Diamond Hill's market value can be influenced by many factors that don't directly affect Diamond Hill's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Diamond Hill's value and its price as these two are different measures arrived at by different means. Investors typically determine if Diamond Hill is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Diamond Hill's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.