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Why Robinhood Stock Soared 151% in the First Half of 2025
The Motley Fool· 2025-07-11 18:42
Shares of Robinhood Markets (HOOD -0.27%) have soared this year as the stock has been one of the biggest under-the-radar winners on the market.The disruptive brokerage has benefited from a boom in cryptocurrencies, its new retirement account offerings, and new tokenization and crypto programs, showing it's finding new ways to monetize crypto. As it's grown, the company's profits have also soared, showing off the scalability of its business model.Additionally, Robinhood has benefited from elevated interest r ...
TrustCo to Release Second Quarter 2025 Results on July 21, 2025; Conference Call on July 22, 2025
GlobeNewswire· 2025-07-10 20:00
GLENVILLE, N.Y., July 10, 2025 (GLOBE NEWSWIRE) -- TrustCo Bank Corp NY (TrustCo, Nasdaq: TRST) today announced that it will release second quarter 2025 results after the market close on July 21, 2025. Results are released on the 21st of the reporting months (January, April, July and October), or on the next day that equity markets are open if the 21st falls on a Friday, weekend or holiday. A conference call to discuss the results will be held at 9:00 a.m. Eastern Time on July 22, 2025. Those wishing to par ...
PRU Stock Trading at a Discount to Industry at 7.47X: Time to Buy?
ZACKS· 2025-07-10 17:20
Key Takeaways PRU shares fell 10.1% in a year, underperforming the industry, sector, and SPrudential Financial Inc. (PRU) shares are trading at a discount compared to the Zacks Multi-line Insurance industry. Its forward price to forward 12-month earnings of 7.47X is lower than the industry average of 8.85X, the Finance sector’s 16.72X and the Zacks S&P 500 Composite’s 22.52X. The multi-line insurer has a Value Score of A.Shares of other insurers like Horace Mann Educators Corporation (HMN) and EverQuote, In ...
Time to Buy SoFi Technologies Stock for Higher Highs?
ZACKS· 2025-07-08 20:35
Core Insights - SoFi Technologies (SOFI) stock has recently reached a 52-week high of $20, reflecting a +30% gain in 2025 and over +200% increase in the last three years [1][2] Growth Targets - SoFi's management is targeting 30% member growth and 20% revenue growth, aiming to exceed $3 billion in revenue for the current year [3] Subscriber Growth - As of the end of Q1, SoFi reported a record 10.9 million subscribers, a 34% increase from the same quarter last year [4] Revenue Projections - Zacks projects SoFi's total sales to rise 25% in fiscal 2025 to $3.29 billion, up from $2.61 billion last year, with FY26 sales expected to increase another 19% to $3.93 billion [4][5] Market Opportunities - Proposed federal caps on graduate student loans are likely to drive borrowers towards private lenders, potentially expanding SoFi's market share [6] - SoFi plans to re-enter the cryptocurrency market, offering trading, staking, and crypto-backed loans, which may attract investor interest [8] Strategic Partnerships - SoFi has formed key partnerships, including with Capitalize Inc. for retirement services and expanded loan platform agreements with Fortress Investment Group, enhancing its lending capacity [9] Institutional Ownership - Significant stakes in SoFi by institutions like BlackRock, State Street, and Vanguard Group indicate strong confidence in the company's business model, with institutional ownership exceeding 40% [10] Financial Position - SoFi has $2.71 billion in cash and equivalents, with total assets of $37.74 billion, surpassing total liabilities of $31.07 billion, indicating a solid balance sheet [11] Investment Outlook - Despite a recent rally, SoFi holds a Zacks Rank 3 (Hold) and is trading at a 70X forward earnings multiple, suggesting potential for better buying opportunities in the future [12]
Brookdale's Board Reminds Shareholders to Vote the BLUE Proxy Card "FOR" ONLY Brookdale's Eight Superior and Highly Qualified Director Nominees Ahead of this Friday's Annual Meeting
Prnewswire· 2025-07-08 11:20
Core Viewpoint - Brookdale Senior Living Inc. is urging shareholders to vote for its nominated directors, emphasizing that the current board's strategy is effectively driving shareholder value and operational momentum [1][3][11]. Financial Performance - In June, Brookdale achieved an 81.1% same community weighted average occupancy, with a month-end occupancy of 82.8%, indicating strong demand and sales execution [2]. - The second quarter weighted average consolidated occupancy was 80.1%, marking a significant milestone for cash flow growth [2]. - Since 2022, Brookdale has renegotiated leases for approximately 250 communities and reduced the number of leased units by 19% since Q1 2021, with plans to decrease its community portfolio to less than 600 by year-end 2025 from over 1,000 in 2017 [7]. Board Composition and Strategy - Brookdale's board consists of eight highly qualified directors, seven of whom are independent, with an average tenure of less than four years, ensuring a mix of skills critical for the company's growth [5][4]. - The board is actively engaged in a CEO search process, supported by an independent search firm, to find a candidate with the necessary experience in senior living, healthcare, hospitality, and real estate [6]. Shareholder Engagement - The company has made efforts to engage with Ortelius Advisors to avoid a proxy contest, but Ortelius has not engaged constructively [10]. - Brookdale emphasizes the importance of every shareholder vote and urges them to disregard any opposing proxy cards from Ortelius [12][11]. Competitive Positioning - Brookdale's operational improvements and strategic initiatives have positioned it to outperform peers in key metrics such as consolidated RevPAR, operating income per available unit, and adjusted EBITDA margin compared to 2019 [7]. - The company highlights that Ortelius lacks understanding of its business model and has proposed a flawed plan that could jeopardize Brookdale's progress [3][8].
First Hawaiian to Report Second Quarter 2025 Financial Results on July 25, 2025
Globenewswire· 2025-07-07 20:00
Core Viewpoint - First Hawaiian, Inc. plans to release its second quarter 2025 financial results on July 25, 2025, before market opens, followed by a conference call to discuss the results [1] Group 1: Financial Results Announcement - The financial results for the second quarter of 2025 will be released on July 25, 2025, before the market opens [1] - A conference call to discuss the results will take place on the same day at 1:00 p.m. Eastern Time (7:00 a.m. Hawaii Time) [1] Group 2: Conference Call Access - Participants can access the call by registering through a provided link, which will give them a dial-in number and a personalized PIN code [2] - It is recommended that participants dial in fifteen minutes prior to the scheduled start time to avoid delays [2] Group 3: Webcast Information - A live webcast of the conference call, including a slide presentation, will be available on the company's website [3] - An archive of the webcast will also be accessible at the same location [3] Group 4: Company Overview - First Hawaiian, Inc. is a bank holding company based in Honolulu, Hawaii, and its principal subsidiary is First Hawaiian Bank, the oldest and largest financial institution in Hawaii [4] - The company offers a wide range of banking services, including deposit products, loans, wealth management, insurance, trust, retirement planning, credit card, and merchant processing services [4] - Customers can access their accounts through ATMs, online, and mobile banking channels [4]
Here's Why Investors Should Retain Lincoln National Stock for Now
ZACKS· 2025-07-01 17:16
Key Takeaways LNC is gaining from strong Annuities and Group Protection sales, with annuity sales up 33% in Q1 2025. A new strategic partnership with Bain Capital aims to boost value via private asset origination. LNC's costs rose 117.9% in Q1 2025, and its debt-to-capitalization ratio stands at a high 41.7%.Lincoln National Corporation (LNC) is a diversified life insurance and investment management company that provides a wide range of wealth accumulation, wealth protection, group protection and retireme ...
Apollo Funds Complete Acquisitions of International Game Technology's Gaming & Digital Business and Everi; Combined Enterprise to Operate as IGT
Globenewswire· 2025-07-01 12:50
Establishes IGT as a Premier Platform for Innovation, Delivering Exceptional Content and Scalable Solutions Across the Global Gaming EcosystemNEW YORK and LAS VEGAS, July 01, 2025 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) today announced the completion of the previously announced acquisitions of International Game Technology PLC’s (doing business as “Brightstar Lottery”) Gaming & Digital Business and Everi Holdings Inc. ("Everi") by a holding company owned by funds managed by Apollo affiliates (the "Apollo Fun ...
EUR 200 million share buyback begins
Globenewswire· 2025-07-01 06:00
Core Viewpoint - Aegon has initiated a EUR 200 million share buyback program, expected to conclude by December 15, 2025, following an announcement made on May 16, 2025 [1] Group 1: Share Buyback Program Details - Aegon has entered an agreement with its largest shareholder, Vereniging Aegon, to participate in the share buyback program, with Vereniging Aegon set to buy back EUR 37 million worth of shares, representing approximately 18.4% of total voting rights [2] - The buyback will be executed at a maximum of the average daily volume-weighted price per common share during the repurchase period, and Aegon intends to cancel the repurchased shares [3][4] Group 2: Compliance and Execution - The share buyback program will comply with the EU's Market Abuse Regulation and will operate within the authority granted by shareholders at the annual general meeting held on June 12, 2025 [4] - Aegon will engage a third party to execute the buyback transactions on its behalf [3]
EUR 150 million share buyback completed
Globenewswire· 2025-07-01 05:59
Schiphol, July 1, 2025 - Aegon today announces the completion of its EUR 150 million share buyback program that began on January 13, 2025. Between January 13, 2025, and June 30, 2025, 25,200,170 common shares were repurchased for a total amount of EUR 150 million at an average price of EUR 5.9641 per share. Aegon will use 6,720,045 common shares to meet its obligations resulting from share-based compensation plans for senior management and cancel the remainder of the repurchased shares in the second half of ...