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Best Asset Management Stocks to Buy Now (2023)

Top asset management stocks in 2023 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:

U S Global Investors (NASDAQ:GROW) is the top asset management stock with a Zen Score of 61, which is 28 points higher than the asset management industry average of 33. It passed 22 out of 38 due diligence checks and has strong fundamentals. U S Global Investors has seen its stock return 0.34% over the past year.

Victory Capital Holdings (NASDAQ:VCTR) is the second best asset management stock with a Zen Score of 57, which is 24 points higher than the asset management industry average of 33. It passed 21 out of 38 due diligence checks and has strong fundamentals. Victory Capital Holdings has seen its stock return 10.99% over the past year, overperforming other asset management stocks by 11 percentage points.

Victory Capital Holdings has an average 1 year price target of $39.25, an upside of 20.66% from Victory Capital Holdings's current stock price of $32.53.

Victory Capital Holdings stock has a consensus Hold recommendation according to Wall Street analysts. Of the 4 analysts covering Victory Capital Holdings, 0% have issued a Strong Buy rating, 75% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 25% have issued a Strong Sell.

Janus Henderson Group (NYSE:JHG) is the third best asset management stock with a Zen Score of 57, which is 24 points higher than the asset management industry average of 33. It passed 19 out of 38 due diligence checks and has strong fundamentals. Janus Henderson Group has seen its stock return 2.88% over the past year, overperforming other asset management stocks by 3 percentage points.

Janus Henderson Group has an average 1 year price target of $24.77, a downside of -6.19% from Janus Henderson Group's current stock price of $26.40.

Janus Henderson Group stock has a consensus Sell recommendation according to Wall Street analysts. Of the 3 analysts covering Janus Henderson Group, 0% have issued a Strong Buy rating, 0% have issued a Buy, 66.67% have issued a hold, while 0% have issued a Sell rating, and 33.33% have issued a Strong Sell.

Out of 79 asset management stocks that have issued dividends in the past year, the 3 asset management stocks with the highest dividend yields are:

Oxford Square Capital (NASDAQ:OXSQ) has an annual dividend yield of 18.49%, which is 12 percentage points higher than the asset management industry average of 6.66%. 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 2,700% indicates that its high dividend yield might not be sustainable for the long-term.

Investcorp Credit Management Bdc (NASDAQ:ICMB) has an annual dividend yield of 16.8%, which is 10 percentage points higher than the asset management industry average of 6.66%. 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 -3,150% indicates that its high dividend yield might not be sustainable for the long-term.

Portman Ridge Finance (NASDAQ:PTMN) has an annual dividend yield of 16.12%, which is 9 percentage points higher than the asset management industry average of 6.66%. Portman Ridge Finance's dividend payout is not stable, having dropped more than 10% five times in the last 10 years. Portman Ridge Finance's dividend has shown consistent growth over the last 10 years.

Portman Ridge Finance's dividend payout ratio of -328.9% indicates that its high dividend yield might not be sustainable for the long-term.

Asset management stocks were up 1.06% in the last day, and up 2.53% over the last week.

We couldn't find a catalyst for why asset management stocks are up.

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

Crescent Capital Bdc (NASDAQ:CCAP) is the most undervalued asset management stock based on WallStreetZen's Valuation Score. Crescent Capital Bdc has a valuation score of 86, which is 44 points higher than the asset management industry average of 42. It passed 6 out of 7 valuation due diligence checks.

Crescent Capital Bdc's stock has gained 18.86% in the past year. It has overperformed other stocks in the asset management industry by 18 percentage points.

Blackrock Capital Investment (NASDAQ:BKCC) is the second most undervalued asset management stock based on WallStreetZen's Valuation Score. Blackrock Capital Investment has a valuation score of 86, which is 44 points higher than the asset management industry average of 42. It passed 6 out of 7 valuation due diligence checks.

Blackrock Capital Investment's stock has gained 0.79% in the past year. It has performed in line with other stocks in the asset management industry.

Carlyle Secured Lending (NASDAQ:CGBD) is the third most undervalued asset management stock based on WallStreetZen's Valuation Score. Carlyle Secured Lending has a valuation score of 86, which is 44 points higher than the asset management industry average of 42. It passed 6 out of 7 valuation due diligence checks.

Carlyle Secured Lending's stock has gained 5.16% in the past year. It has overperformed other stocks in the asset management industry by 5 percentage points.