Hub24 Share Price and Company Fundamentals
Last traded: Last Wednesday at 6:10 AM
HUB24 Limited, together with its subsidiaries, provides wealth management solutions for the financial services industry in Australia. It operates through Platform, Licensee, and IT Services segments. The company develops and operates HUB24, an investment and superannuation platform, which is a portfolio administration services for financial advisers, stockbrokers, accountants and their clients, and direct consumers. It also provides compliance, software, education, and business support to advisers; and application and technology products for the financial services sector. In addition, the company offers software license and IT consulting services, as well as business, managed portfolio, and retirement solutions. The company was formerly known as Investorfirst Ltd. and changed its name to HUB24 Limited in August 2013. HUB24 Limited was founded in 2007 and is headquartered in Sydney, Australia.
|Primary activities||Investment and superannuation platform services.|
|Industry / Sector||Capital Markets / Financial Services|
|Mailing address||7 Macquarie Place Level 2 Sydney NSW 2000 Australia|
|Phone / Fax||1300 854 994 / 1300 781 689|
|Share registry||LINK MARKET SERVICES LIMITED|
Hub24 paid $0.08 dividend and the ex-dividend date was 19 Mar 2021.The dividend payout ratio is 52.28%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.HUB dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.
HUB's forward dividend amount is $0.09 and the forward dividend yield is 0.36%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.
As of May 2021, following are the company executives and directors listed on Hub24.
|Mr. Andrew Alcock||MD & Director||738.98k|
|Craig Lawrenson||Chief Operating Officer||588.24k|
|Mr. Jason Entwistle||Director of Strategic Devel.||594.44k|
|Ms. Kitrina Shanahan||Chief Financial Officer|
|Ms. Wendy McIntyre B.A., L.L.B.||Gen. Counsel and Compliance & Risk|
|Mr. Joseph Gioffre||Head of Operations|
|Mr. Mark Ballinger||Head of Bus. Programs|
|Mr. Shane Muscat||Head of Strategic Sales|
|Ms. Paula Day||Head of Strategic Key Accounts|
|Greg Newman||Head of Retail Distribution|
Profitability and management effectiveness
Return on assets
Return on equity
Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.
The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.
Valuation and Trading Info
The market capitalization of Hub24 is 1.52B and its enterprise value is 1.58B. The enterprise value to revenue ratio of HUB is 13.13.
The HUB's stocks Beta value is 0.66 making it 34% less volatile compared to ASX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.
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Hub24 (ASX:HUB) Frequently Asked Questions
1. What is Hub24's Stock Symbol?
Hub24 trades on ASX under the ticker symbol "HUB".
2. What is Hub24's stock price today?
One share of HUB stock can currently be purchased for approximately $22.3.
3. How can I contact Hub24?
Hub24's mailing address is 7 Macquarie Place Level 2 Sydney NSW 2000 Australia. The company can be reached via phone at 1300 854 994.
4. What is Hub24's official website?
The official website of Hub24 is http://www.hub24.com.au.
5. Which share registry manages Hub24's stock?
Hub24's stock is managed by LINK MARKET SERVICES LIMITED.