Hamilton Lane Incorporated (HLNE)
Market Cap | 3.88B |
Revenue (ttm) | 528.75M |
Net Income (ttm) | 109.12M |
Shares Out | 54.00M |
EPS (ttm) | 3.01 |
PE Ratio | 23.84 |
Forward PE | 17.48 |
Dividend | $1.78 (2.48%) |
Ex-Dividend Date | Jun 14, 2023 |
Volume | 245,654 |
Open | 70.67 |
Previous Close | 69.90 |
Day's Range | 70.67 - 72.55 |
52-Week Range | 55.81 - 81.23 |
Beta | 1.09 |
Analysts | Hold |
Price Target | 78.86 (+9.89%) |
Earnings Date | Aug 1, 2023 |
About HLNE
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 as single client vehicles); specialized strategies (fund-of-funds, secondaries, co-investments, taft-hartley, distribution management); advisory relationships (including due diligence, strategic portfolio planning, monitoring and reporting services); and reporting and analytics solutions. For direct investments, the firm invests in early, mid ... [Read more]
Financial Performance
In 2023, Hamilton Lane's revenue was $528.75 million, an increase of 43.71% compared to the previous year's $367.92 million. Earnings were $109.12 million, a decrease of -25.25%.
Financial StatementsAnalyst Forecast
According to 8 analysts, the average rating for HLNE stock is "Hold." The 12-month stock price forecast is $78.86, which is an increase of 9.89% from the latest price.
News

Oppenheimer upgrades alternatives firm Hamilton Lane to outperform from perform on valuation
Oppenheimer analyst Chris Kotowski on Friday upgraded stock in alternative investment and data firm Hamilton Lane Inc. HLNE, -1.11% to outperform from perform, with a 12-18 month price target of $87 a...

HAMILTON LANE INCORPORATED REPORTS STRONG FOURTH FISCAL QUARTER AND FISCAL YEAR 2023 RESULTS, WITH MANAGEMENT AND ADVISORY FEES GROWING BY 18% AND ASSETS UNDER MANAGEMENT GROWING BY 5% YEAR-OVER-YEAR
CONSHOHOCKEN, Pa. , May 25, 2023 /PRNewswire/ -- Leading private markets asset management firm Hamilton Lane Incorporated (Nasdaq: HLNE) today reported its results for the fourth fiscal quarter and fu...

Hamilton Lane Expands Sustainable Investment Platform, Raising More than $850 Million with Close of Second Impact Fund and Across Separately Managed Accounts
Impact Fund II, the latest in Hamilton Lane's flagship impact series, closed on $370 million in capital commitments; growth of more than 375% over prior fund Total platform assets focused on sustainab...

Hamilton Lane Incorporated to Announce Fourth Fiscal Quarter and Full Fiscal Year 2023 Results on May 25, 2023
CONSHOHOCKEN, Pa. , May 4, 2023 /PRNewswire/ -- Hamilton Lane Incorporated (Nasdaq: HLNE) is scheduled to release financial results for the fourth fiscal quarter and full fiscal year ended March 31, 2...

Hamilton Lane Announces Senior Promotions Across Global Offices
CONSHOHOCKEN, Pa. , April 12, 2023 /PRNewswire/ -- Leading private markets investment management firm Hamilton Lane (Nasdaq: HLNE) today announced a number of senior promotions, spanning Investment, C...

Hamilton Lane named Best Asset Manager by Korean Investors for Third Consecutive Year
The firm is the only organization to be recognized by The Korea Economic Daily as the 'Best of the Best' asset manager since the award's inception SEOUL, South Korea , March 28, 2023 /PRNewswire/ -- L...

Securitize Partners With Onramp to Streamline Private Equity Investing
Integration offers investors tokenized exposure to Hamilton Lane's flagship direct equity fund and empowers financial advisors with frictionless portfolio management NEW YORK , March 21, 2023 /PRNewsw...

HAMILTON LANE'S 2023 MARKET OVERVIEW: DESPITE VOLATILITY, PRIVATE MARKETS REPORT ANOTHER YEAR OF OUTPERFORMING PUBLIC MARKETS, WITH CLEAR AREAS OF INVESTMENT OPPORTUNITY: PRIVATE CREDIT, SECONDARIES, INFRASTRUCTURE
With global inflation at levels unseen in a generation, private market assets continued to outperform public markets in 2022, beating public strategies across the board – in some cases by thousands of...

Hamilton Lane Announces Pricing of Public Offering of Class A Common Stock
CONSHOHOCKEN, Pa. , March 6, 2023 /PRNewswire/ -- Private markets asset management firm Hamilton Lane Incorporated (Nasdaq: HLNE) ("Hamilton Lane") today announced the pricing of an underwritten publi...

Hamilton Lane Announces Public Offering of Class A Common Stock
CONSHOHOCKEN, Pa. , March 6, 2023 /PRNewswire/ -- Private markets asset management firm Hamilton Lane Incorporated (Nasdaq: HLNE) ("Hamilton Lane") today announced that it has commenced an underwritte...

BetterNight Raises $33M Growth Financing Round led by NewSpring.
SAN DIEGO , Feb. 28, 2023 /PRNewswire/ -- BetterNight, a leading provider of comprehensive sleep care through its virtual care platform, announced today $33 million in growth funding led by NewSpring ...

Hamilton Lane Expands Presence in Asia, Opening an Office in Shanghai
SHANGHAI , Feb. 15, 2023 /PRNewswire/ -- Hamilton Lane (NASDAQ: HLNE) announced the official opening of its Shanghai, China office, underscoring the firm's commitment to the Asia Pacific region. This ...

HAMILTON LANE INCORPORATED REPORTS THIRD QUARTER FISCAL 2023 RESULTS, WITH MANAGEMENT & ADVISORY FEES GROWING BY 22% AND ASSETS UNDER MANAGEMENT GROWING BY 10% YEAR-OVER-YEAR
CONSHOHOCKEN, Penn. , Feb. 7, 2023 /PRNewswire/ -- Leading private markets asset management firm Hamilton Lane Incorporated (NASDAQ: HLNE) today reported its results for the third fiscal quarter ended...

Hamilton Lane's $2.1 Billion Flagship Direct Equity Fund Now Available for Investment on Securitize
New Securitize Fund Requires Minimum Investment of $20,000, Down from ~$5 Million, Tokenized Exclusively on Polygon NEW YORK , Jan. 31, 2023 /PRNewswire/ -- Individual investors can now access Hamilto...

Hamilton Lane Incorporated to Announce Third Quarter Fiscal 2023 Results on February 7, 2023
CONSHOHOCKEN, Pa. , Jan. 17, 2023 /PRNewswire/ -- Hamilton Lane Incorporated (NASDAQ: HLNE) is scheduled to release financial results for the third fiscal quarter before the market opens on Tuesday, F...

Hamilton Lane Closes Direct Equity Fund at Nearly $2.1 Billion in Commitments
The firm's fifth co-investment fund is the largest to-date, with a range of LPs diversified by geography and type CONSHOHOCKEN, Pa. , Jan. 4, 2023 /PRNewswire/ -- Hamilton Lane (NASDAQ: HLNE) today an...

Novata Announces New Additions to Leadership Team
NEW YORK--(BUSINESS WIRE)--Novata, a public benefit corporation and technology platform that provides private markets stakeholders with intuitive and effective Environmental, Social and Governance (...

Hamilton Lane named a Best Place to Work in Money Management for 11th Consecutive Year
The firm is one of only five organizations to be recognized by Pensions & Investments each year since the award was launched in 2012 CONSHOHOCKEN, Pa. , Dec. 12, 2022 /PRNewswire/ -- Leading private m...

Hamilton Lane Alliance Holdings I, Inc. Announces Liquidation
CONSHOHOCKEN, Pa. , Dec. 5, 2022 /PRNewswire/ -- Hamilton Lane Alliance Holdings I, Inc. ("HLAH I" or the "Company") announced today that due to its inability to consummate an initial business combina...

Novata Launches Framework to Support ESG Integrated Disclosure Project (ESG IDP)
NEW YORK--(BUSINESS WIRE)--Novata, a public benefit corporation and technology platform that provides private markets stakeholders with intuitive and effective Environmental, Social and Governance (...

Figure Announces Expansion of Digital Fund Listing Business Alongside Leading Asset Managers
Apollo and Hamilton Lane begin using Figure's Digital Fund Services DFS Platform built on Provenance Blockchain to bring greater efficiency to private markets investing SAN FRANCISCO , Nov. 22, 2022 /...

Novata Launches Unique Benchmarking Capabilities to Help Companies Contextualize ESG Data
NEW YORK--(BUSINESS WIRE)--Novata, a public benefit corporation and technology platform that provides private markets stakeholders with intuitive and effective Environmental, Social and Governance (...

Hamilton Lane Expands Institutional Capabilities, Adding Senior Specialist Focused on Insurance Channel
The appointment underscores the firm's commitment to meet the growing interest of institutional insurance providers in bolstering their portfolios through broadened exposure to the private markets. CO...

HAMILTON LANE INCORPORATED REPORTS SECOND QUARTER FISCAL 2023 RESULTS, WITH MANAGEMENT & ADVISORY FEES GROWING BY 22% AND ASSETS UNDER MANAGEMENT GROWING BY 12% YEAR-OVER-YEAR
CONSHOHOCKEN, Pa. , Nov. 1, 2022 /PRNewswire/ -- Leading private markets asset management firm Hamilton Lane Incorporated (NASDAQ: HLNE) today reported its results for the second fiscal quarter ended ...

Novata Receives Private Equity Wire 2022 U.S. Award for Best ESG Solution Provider
NEW YORK--(BUSINESS WIRE)--Novata, the leading ESG data management platform built for the private markets, today announced it received the Private Equity Wire 2022 U.S. Award for Best ESG Solution Pro...