NASDAQ$DHIL

Diamond Hill Investment Group Inc · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

Diamond Hill Investment Group, Inc. reported financial results for the first quarter of 2021.

Diamond Hill Investment Group reported a strong first quarter in 2021, with significant increases in revenue, net income, and earnings per share compared to the same period in 2020. AUM increased to $30.6 billion, driven by net client inflows and market appreciation.

  • Assets under management reached $30.6 billion, up from $26.4 billion at the end of 2020.
  • Net client inflows were $1.7 billion, significantly higher than the $0.3 billion in the first quarter of 2020.
  • Revenue increased to $39.0 million, compared to $31.9 million in the first quarter of 2020.
  • Net income attributable to common shareholders rose to $13.7 million, a substantial increase from $1.5 million in the same period last year.

Headline financials

Total Revenue

$39M

Previous: $31.9M+22.2%
EPS (adj)

$4.34

Previous: $2.71+60.1%
Capital Expenditures

-$413K

Previous: -$115K-258.8%
Free Cash Flow

-$16.1M

Previous: $1.88M-956.9%
Net Income

$13.7M

Previous: $1.53M+795.9%
Operating Income

$13.5M

Previous: $20.5M-33.9%
Gross Profit

$2.52M

Previous: -$818K+408.7%
Cash & Equivalents

$177M

Previous: $169M+4.8%
Total Assets

$260M

Previous: $237M+9.5%
Stock-Based Comp

$1.48M

Previous: $2.43M-39.1%

Revenue & EPS history

Diamond Hill · Revenue · Quarterly

$39M

Q1 2021+22.2%vs Q1 2020

Forward guidance

Management will conduct its annual shareholder presentation on May 4th, commenting on strategy, financial results, and investment performance.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2021

Historical avgQ1 2021

-0.2%

Avg return

Earnings day

+0.5%

Avg return

5 days after

+0.4%

Avg return

30 days after

49%

32 / 65 earnings

Positive

+9.8%

Q4 2021

Best reaction

-6.9%

Q4 2018

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025+0.2%+0.8%+0.5%
Q3 2025-2.4%-2.2%-9.3%
Q2 2025-3.4%-6.3%-2.9%
Q1 2025-2.9%+4.7%+8.9%
Q4 2024-0.5%+1.0%-1.1%
Q3 2024+1.8%+9.7%+8.5%
Q2 2024-3.5%-9.7%-3.2%
Q1 2024+5.5%+2.9%-1.3%
Q4 2023+3.1%+3.3%+4.7%
Q3 2023-5.2%-2.3%+3.0%
Q2 2023-2.2%-2.2%-5.1%
Q1 2023-0.2%+0.4%+8.9%
Q4 2022-5.6%-6.5%-13.4%
Q3 2022-1.1%-0.3%+1.9%
Q2 2022-2.5%-3.9%-12.6%
Q1 2022-5.0%-6.7%-0.8%
Q4 2021+9.8%+17.1%+6.2%
Q3 2021+4.3%+10.7%+18.0%
Q2 2021+4.9%+6.1%+11.9%
Q1 2021+4.9%+7.3%+9.6%
Q4 2020-5.4%+0.3%+7.8%
Q3 2020+1.1%-1.2%+4.6%
Q2 2020-1.6%+3.9%+5.9%
Q1 2020+5.6%+3.2%+8.0%
Q4 2019-4.9%-5.4%-37.5%
Q3 2019+3.7%+7.7%+8.7%
Q2 2019-1.7%-2.0%-2.0%
Q1 2019+0.0%+1.7%-0.7%
Q4 2018-6.9%-8.7%-14.2%
Q3 2018+2.5%+1.5%+4.1%
Q2 2018+0.1%-1.7%-2.7%
Q1 2018-2.9%-1.7%+1.6%
Q4 2017-2.2%-1.6%-6.5%
Q3 2017+3.4%+0.6%+1.5%
Q2 2017-0.6%+0.1%-4.2%
Q1 2017+3.0%+1.9%+1.6%
Q4 2016-2.5%-3.4%-8.4%
Q3 2016-2.9%-0.8%+15.4%
Q2 2016-0.3%+2.4%-0.5%
Q1 2016-0.8%
Q4 2015-5.4%
Q3 2015+0.9%
Q2 2015-1.4%
Q1 2015+2.2%
Q4 2014+1.2%
Q3 2014+1.5%
Q2 2014-1.4%
Q1 2014-1.1%
Q4 2013+1.7%
Q3 2013-0.1%
Q2 2013+0.3%
Q1 2013-0.3%
Q4 2012+1.8%
Q3 2012+1.7%
Q2 2012+5.0%
Q1 2011+0.0%
Q1 2012+0.9%
Q4 2011+1.8%
Q4 2009+1.8%
Q3 2011-6.0%
Q3 2010-6.0%
Q4 2010+1.0%
Q2 2010+1.0%
Q2 2011+1.0%
Q1 2010-1.9%

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