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Best Asset Management Stocks to Buy Now (2024)

Top asset management stocks in 2024 ranked by overall Zen Score. See the best asset management stocks to buy now, according to analyst forecasts for the asset management industry.

According to Zen Score, the 3 best asset management stocks to buy right now are:

Noah Holdings (NYSE:NOAH) is the top asset management stock with a Zen Score of 65, which is 33 points higher than the asset management industry average of 32. It passed 24 out of 38 due diligence checks and has strong fundamentals. Noah Holdings has seen its stock lose -5.27% over the past year, underperforming other asset management stocks by -7 percentage points.

Noah Holdings has an average 1 year price target of $18.00, an upside of 26.67% from Noah Holdings's current stock price of $14.21.

Noah Holdings stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Noah Holdings, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

Janus Henderson Group (NYSE:JHG) is the second best asset management stock with a Zen Score of 57, which is 25 points higher than the asset management industry average of 32. It passed 19 out of 38 due diligence checks and has strong fundamentals. Janus Henderson Group has seen its stock return 21.11% over the past year, overperforming other asset management stocks by 19 percentage points.

Janus Henderson Group has an average 1 year price target of $31.17, a downside of -4.54% from Janus Henderson Group's current stock price of $32.65.

Janus Henderson Group stock has a consensus Sell recommendation according to Wall Street analysts. Of the 6 analysts covering Janus Henderson Group, 0% have issued a Strong Buy rating, 0% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 50% have issued a Strong Sell.

Assetmark Financial Holdings (NYSE:AMK) is the third best asset management stock with a Zen Score of 55, which is 23 points higher than the asset management industry average of 32. It passed 18 out of 33 due diligence checks and has strong fundamentals. Assetmark Financial Holdings has seen its stock return 23.03% over the past year, overperforming other asset management stocks by 21 percentage points.

Assetmark Financial Holdings has an average 1 year price target of $39.00, an upside of 15.15% from Assetmark Financial Holdings's current stock price of $33.87.

Assetmark Financial Holdings stock has a consensus Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Assetmark Financial Holdings, 50% have issued a Strong Buy rating, 0% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

Out of 63 asset management stocks that have issued dividends in the past year, the 3 asset management stocks with the highest dividend yields are:

Investcorp Credit Management Bdc (NASDAQ:ICMB) has an annual dividend yield of 19.33%, which is 13 percentage points higher than the asset management industry average of 6.68%. Investcorp Credit Management Bdc's dividend payout is not stable, having dropped more than 10% five times in the last 10 years. Investcorp Credit Management Bdc's dividend has not shown consistent growth over the last 10 years.

Investcorp Credit Management Bdc's dividend payout ratio of -242.3% indicates that its high dividend yield might not be sustainable for the long-term.

Triplepoint Venture Growth Bdc (NYSE:TPVG) has an annual dividend yield of 17.35%, which is 11 percentage points higher than the asset management industry average of 6.68%. Triplepoint Venture Growth Bdc's dividend payout is not stable, having dropped more than 10% four times in the last 10 years. Triplepoint Venture Growth Bdc's dividend has shown consistent growth over the last 10 years.

Triplepoint Venture Growth Bdc's dividend payout ratio of -141.6% indicates that its high dividend yield might not be sustainable for the long-term.

Oxford Square Capital (NASDAQ:OXSQ) has an annual dividend yield of 16.77%, which is 10 percentage points higher than the asset management industry average of 6.68%. Oxford Square Capital's dividend payout is not stable, having dropped more than 10% four times in the last 10 years. Oxford Square Capital's dividend has not shown consistent growth over the last 10 years.

Oxford Square Capital's dividend payout ratio of 317.6% indicates that its high dividend yield might not be sustainable for the long-term.

Asset management stocks were down -0.09% in the last day, and up 2.4% over the last week. Victory Capital Holdings was the among the top losers in the asset management industry, dropping -6.81% yesterday.

Victory Capital shares are trading lower after the company reported mixed Q1 financial results.

Based on WallStreetZen's Valuation Score, the 3 most undervalued asset management stocks right now are:

Swk Holdings (NASDAQ:SWKH) is the most undervalued asset management stock based on WallStreetZen's Valuation Score. Swk Holdings has a valuation score of 86, which is 47 points higher than the asset management industry average of 39. It passed 6 out of 7 valuation due diligence checks.

Swk Holdings's stock has gained 2.33% in the past year. It has performed in line with other stocks in the asset management industry.

Principal Financial Group (NASDAQ:PFG) is the second most undervalued asset management stock based on WallStreetZen's Valuation Score. Principal Financial Group has a valuation score of 86, which is 47 points higher than the asset management industry average of 39. It passed 6 out of 7 valuation due diligence checks.

Principal Financial Group's stock has gained 19.84% in the past year. It has overperformed other stocks in the asset management industry by 18 percentage points.

Bain Capital Specialty Finance (NYSE:BCSF) is the third most undervalued asset management stock based on WallStreetZen's Valuation Score. Bain Capital Specialty Finance has a valuation score of 71, which is 32 points higher than the asset management industry average of 39. It passed 5 out of 7 valuation due diligence checks.

Bain Capital Specialty Finance's stock has gained 39.35% in the past year. It has overperformed other stocks in the asset management industry by 37 percentage points.