Is HNNA a good stock to buy right now?

Based on our 6-factor quantitative model, HENNESSY ADVISORS INC (HNNA) receives a "Hold" rating with a composite score of 49.5/100. It is ranked #743 out of 4,446 stocks. Key factor scores: Quality 55/100, Value 53/100, Momentum 40/100. The timing signal is "Neutral". This is quantitative analysis only — not investment advice.

What is the stock rating for HNNA?

HENNESSY ADVISORS INC (HNNA) has a "Hold" rating and 3-star score. The composite score of 49.5 ranks it #743 among 4,446 U.S. stocks. Ratings are updated weekly using academically-proven factor models.

What sector is HNNA in?

HENNESSY ADVISORS INC operates in the Financials sector (Trading industry) with a market cap of $77 million. It is classified as a micro-cap stock.

Does HNNA pay a dividend?

HNNA does not currently pay a regular dividend. The company may be reinvesting profits for growth.

What is HNNA's P/E ratio?

HNNA has a trailing P/E ratio of 8.11x. The Financials sector average is 14.9x. This below-average P/E may indicate the stock is undervalued.

How profitable is HNNA?

HNNA's quality factor score is 55/100. ROE: 9.6% vs sector average 8.5%. Margins are moderate to low, reflecting competitive market dynamics.

How is HNNA valued compared to peers?

HNNA's value factor score is 53/100 (higher = cheaper). Key multiples: P/E 8.1x, EV/EBITDA 6.0x. Valuation is roughly in line with peers.

What is HNNA's debt level?

HNNA's debt-to-equity ratio is 61%. Sector average: 121%. Moderate leverage is normal for established companies.

HNNA has a beta of 0.43, meaning it is less volatile than the market. Stability score: 73/100.

Does HNNA have high short interest?

HNNA's short interest factor score is 48/100 (higher = less short selling). Elevated short interest may indicate bearish sentiment or short squeeze potential.

HNNA Stock Analysis: Top Micro-Cap Hold (Score 49.5/100) | Blank Capital Research

Data Series	1D	5D	1M	YTD	1Y	3Y	5Y	10Y
HNNA	+1.33%	+1.52%	+0.61%	+3.13%	+2.27%	-	-	-
Industry Proxy XLF	-1.09%	+2.50%	+1.42%	-7.30%	+10.59%	-	-	-
U.S. Market SPY	-0.07%	+3.60%	+0.34%	-0.36%	+29.52%	-	-	-
Alpha vs Market	+1.40%	-2.08%	+0.27%	+3.49%	-27.25%	-	-	-
Alpha vs Sector	+2.42%	-0.98%	-0.81%	+10.43%	-8.31%	-	-	-

Metric	HNNA	Benchmark
P/E Ratio	8.1x	-45%
EV/EBITDA	6.0x	+85%
Price / Book	0.8x

Stock Entity	Score▼	Quality	Value	Momentum	P/E Ratio	ROE	Gross Margin	Net Margin	Rev Growth	D/E Ratio	Market Cap	Compare
WTM WHITE MOUNTAINS INSURANCE GROUP LTD	63	80	79	54	8.9x	10.1%	96.3%	20.1%	1.6%	14.0x	$5.4B	VS
OPY OPPENHEIMER HOLDINGS INC	63	68	79	63	10.4x	9.9%	0.0%	6.5%	37.5%	273.0x	$959M	VS
ACT Enact Holdings, Inc.	62	81	76	52	8.7x	12.7%	88.5%	55.0%	4.2%	14.0x	$5.7B	VS
IGIC International General Insurance Holdings Ltd.	61	74	93	50	8.6x	82.6%	59.9%	25.1%	-	0.0x	$1.1B	VS
PKBK PARKE BANCORP, INC.	60	60	77	65	9.8x	10.5%	-	24.8%	20.9%	593.0x	$335M	VS
SSSS SURO CAPITAL CORP.	60	89	33	65	4.7x	30.9%	0.0%	-752.0%	-48.3%	34.0x	$290M	VS
CB Chubb Ltd	59	67	71	52	12.8x	12.5%	0.0%	16.6%	15.6%	20.0x	$128.0B	VS
RRBI RED RIVER BANCSHARES INC	59	59	69	68	15.0x	11.0%	0.0%	27.5%	13.3%	818.0x	$607M	VS
UFCS UNITED FIRE GROUP INC	59	64	78	58	9.8x	10.6%	100.0%	7.3%	17.5%	308.0x	$936M	VS
SPFI SOUTH PLAINS FINANCIAL, INC.	58	59	73	55	12.8x	11.0%	0.0%	21.7%	9.0%	807.0x	$690M	VS
HNNA HENNESSY ADVISORS INC	50	55	53	40	8.1x	9.6%	-	26.6%	6.9%	61.0x	$77M

Key Ratio	TTM	2026	2025	2024	2023	2022	2021	2020	2019	2018	2017
Gross Margin %	-	-	-	-	-	-	-	-0.0%	-0.0%	0.0%	-0.0%
Operating Margin %	0.4%	0.3%	0.4%	0.3%	0.3%	0.3%	0.3%	1.0%	1.0%	1.0%	1.0%
EBITDA Margin %	0.4%	0.3%	0.4%	0.3%	0.3%	0.3%	0.3%	0.3%	0.4%	0.4%	0.5%
Net Margin %	0.3%	0.2%	0.3%	0.2%	0.2%	0.2%	0.2%	0.2%	0.3%	0.4%	0.3%
FCF Margin %	-	-	-	-	-	-	-	31.6%	33.8%	38.8%	37.9%
ROE %	0.1%	0.0%	0.1%	0.1%	0.1%	0.1%	0.1%	0.1%	0.1%	0.3%	0.3%
ROA %	0.1%	0.0%	0.1%	0.0%	0.0%	0.0%	0.1%	0.1%	0.1%	0.2%	0.2%
ROIC %	10.2%	2.1%	10.6%	7.7%	5.7%	9.0%	10.3%	38.6%	49.8%	63.9%	67.5%

Key Ratio

TTM

2026

2025

2024

2023

2022

2021

2020

2019

2018

2017

Gross Margin %

-0.0%

0.0%

-0.0%

Operating Margin %

0.4%

0.3%

0.4%

0.3%

1.0%

EBITDA Margin %

0.4%

0.3%

0.4%

0.3%

0.4%

0.5%

Net Margin %

0.3%

0.2%

0.3%

0.2%

0.3%

0.4%

0.3%

FCF Margin %

31.6%

33.8%

38.8%

37.9%

ROE %

0.1%

0.0%

0.1%

0.3%

ROA %

0.1%

0.0%

0.1%

0.0%

0.1%

0.2%

ROIC %

10.2%

2.1%

10.6%

7.7%

5.7%

9.0%

10.3%

38.6%

49.8%

63.9%

67.5%

Line Item	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
	$35M	$36M	$30M	$24M	$30M	$33M	$33M	$42M	$55M	$52M	$50M	$44M
	—	—	—	—	—	—	-$447K	-$1M	$0	-$1M	-$1M	-$1M
Gross Margin	---	---	---	---	---	---	-1.4%	-2.6%	0.0%	-2.1%	-2.5%	-2.3%
	—	—	—	—	—	—	$239K	$225K	$231K	$219K	$353K	$265K
Total Operating Expenses	—	$22M	$21M	$18M	$20M	$22M	—	—	—	—	—	—
	$13M	$13M	$9M	$6M	$10M	$11M	$33M	$43M	$55M	$53M	$51M	$45M
EBIT	$13M	$13M	$9M	$6M	$10M	$11M	$33M	$43M	$55M	$53M	$51M	$45M
EBITDA	$13M	$13M	$9M	$6M	$10M	$11M	$11M	$16M	$24M	$23M	$23M	$19M
Operating Margin	35.8%	37.0%	29.9%	26.4%	33.2%	33.2%	101.4%	102.6%	100.0%	102.1%	102.5%	102.3%
EBITDA Margin	36.0%	37.0%	29.9%	26.4%	33.2%	33.2%	33.9%	36.9%	43.3%	45.3%	45.7%	43.6%
	—	$2M	$2M	$2M	$2M	—	$447K	$1M	$0	$1M	$1M	$1M
	—	$14M	$10M	$7M	$8M	$11M	—	—	—	—	—	—
Income Tax Expense	—	$4M	$3M	$2M	$2M	$3M	$3M	$4M	$3M	$8M	$8M	$7M
	$9M	$10M	$7M	$5M	$6M	$8M	$8M	$11M	$21M	$15M	$14M	$11M
Net Margin	26.6%	28.0%	23.9%	19.9%	20.9%	24.1%	23.7%	26.3%	37.8%	28.2%	28.6%	26.1%
	$0.24	$1.28	$0.92	$0.63	$0.83	$1.07	$1.07	$1.42	$2.64	$1.94	$1.89	$1.93
Diluted EPS	$0.24	$1.27	$0.92	$0.63	$0.82	$1.07	$1.07	$1.42	$2.64	$1.94	$1.89	$1.93
Weighted Avg Basic	—	8M	8M	8M	7M	7M	—	—	—	—	—	—
Weighted Avg Diluted	—	8M	8M	8M	8M	7M	—	—	—	—	—	—

Line Item

TTM

2025

2024

2023

2022

2021

2020

2019

2018

2017

2016

2015

$35M

$36M

$30M

$24M

$30M

$33M

$42M

$55M

$52M

$50M

$44M

—

-$447K

-$1M

Gross Margin

---

-1.4%

-2.6%

0.0%

-2.1%

-2.5%

-2.3%

—

$239K

$225K

$231K

$219K

$353K

$265K

Total Operating Expenses

—

$22M

$21M

$18M

$20M

$22M

—

$13M

$9M

$6M

$10M

$11M

$33M

$43M

$55M

$53M

$51M

$45M

EBIT

$13M

$9M

$6M

$10M

$11M

$33M

$43M

$55M

$53M

$51M

$45M

EBITDA

$13M

$9M

$6M

$10M

$11M

$16M

$24M

$23M

$19M

Operating Margin

35.8%

37.0%

29.9%

26.4%

33.2%

101.4%

102.6%

100.0%

102.1%

102.5%

102.3%

EBITDA Margin

36.0%

37.0%

29.9%

26.4%

33.2%

33.9%

36.9%

43.3%

45.3%

45.7%

43.6%

—

$2M

—

$447K

$1M

—

$14M

$10M

$7M

$8M

$11M

—

Income Tax Expense

—

$4M

$3M

$2M

$3M

$4M

$3M

$8M

$7M

$9M

$10M

$7M

$5M

$6M

$8M

$11M

$21M

$15M

$14M

$11M

Net Margin

26.6%

28.0%

23.9%

19.9%

20.9%

24.1%

23.7%

26.3%

37.8%

28.2%

28.6%

26.1%

$0.24

$1.28

$0.92

$0.63

$0.83

$1.07

$1.42

$2.64

$1.94

$1.89

$1.93

Diluted EPS

$0.24

$1.27

$0.92

$0.63

$0.82

$1.07

$1.42

$2.64

$1.94

$1.89

$1.93

Weighted Avg Basic

—

Weighted Avg Diluted

—

HENNESSY ADVISORS INC (HNNA) Stock Analysis — April 2026 Rating, Price, and Forecast

Last updated: April 2026

Company Overview — What Does HENNESSY ADVISORS INC Do?

Hennessy Advisors, Inc. is publicly owned investment manager. It provides its services to Hennessy Funds and investment companies. The firm launches and manages equity, fixed income, and balanced mutual funds. It invests in the public equity and fixed income markets across the globe. The firm primarily invests in growth stocks of companies. It conducts in-house research to make its investments. Hennessy Advisors, Inc. was founded in 1989 and is based in Novato, California with additional offices in Boston, Massachusetts and Chapel Hill, North Carolina. HENNESSY ADVISORS INC (HNNA) is classified as a micro-cap stock in the Financials sector, specifically within the Trading industry. The company is led by CEO Neil J. Hennessy and employs approximately 20 people, headquartered in NOVATO, California. With a market capitalization of $77M, HNNA is one of the notable companies in the Financials sector.

HENNESSY ADVISORS INC (HNNA) Stock Rating — Hold (April 2026)

As of April 2026, HENNESSY ADVISORS INC receives a Hold rating with a composite score of 49.5/100 and 3 out of 5 stars from the Blank Capital Research quantitative model.HNNA ranks #743 out of 4,446 stocks in our coverage universe. Within the Financials sector, HENNESSY ADVISORS INC ranks #222 of 891 stocks, placing it in the top quartile of its Financials peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).

HNNA Stock Price and 52-Week Range

HENNESSY ADVISORS INC (HNNA) currently trades at $9.77. The 52-week high for HNNA is $13.19, which means the stock is currently trading -25.9% from its annual peak. The 52-week low is $8.43, putting the stock 15.9% above its annual trough. Recent trading volume was 0 shares, suggesting relatively thin trading activity.

Is HNNA Overvalued or Undervalued? — Valuation Analysis

HENNESSY ADVISORS INC (HNNA) carries a value factor score of 53/100 in the Blank Capital model, indicating fair valuation relative to historical norms. The trailing price-to-earnings ratio is 8.11x, compared to the Financials sector average of 14.88x — a discount of 45%. The price-to-book ratio stands at 0.78x, versus the sector average of 1.22x. The price-to-sales ratio is 2.17x, compared to 0.90x for the average Financials stock. On an enterprise value basis, HNNA trades at 6.03x EV/EBITDA, versus 3.26x for the sector.

Overall, HNNA's valuation appears roughly in line with sector benchmarks, suggesting the market is pricing the stock fairly given its current fundamentals and growth trajectory. Neither deep value nor significantly overpriced, the stock occupies a middle ground on valuation.

HENNESSY ADVISORS INC Profitability — ROE, Margins, and Quality Score

HENNESSY ADVISORS INC (HNNA) earns a quality factor score of 55/100, indicating solid business quality with consistent operational execution. The return on equity (ROE) is 9.6%, compared to the Financials sector average of 8.5%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at 5.9% versus the sector average of 1.2%.

The operating margin is 35.8% (sector: 21.8%). Net profit margin stands at 26.6%, versus 17.7% for the average Financials stock. Revenue growth is running at 6.9% on a trailing basis, compared to 9.4% for the sector. The overall profitability profile is adequate, though there may be room for margin expansion.

HNNA Debt, Balance Sheet, and Financial Health

HENNESSY ADVISORS INC has a debt-to-equity ratio of 61.0%, compared to the Financials sector average of 121.0%. Leverage is within a manageable range for the industry, though investors should monitor debt trends over time. The current ratio is 1.75x, suggesting adequate working capital coverage.

HNNA has a beta of 0.43, meaning it is less volatile than the S&P 500, making it a relatively defensive holding. The stability factor score for HENNESSY ADVISORS INC is 73/100, indicating low-volatility characteristics and consistent price behavior that appeals to risk-averse investors.

HENNESSY ADVISORS INC Revenue and Earnings History — Quarterly Trend

In TTM 2026, HENNESSY ADVISORS INC reported revenue of $35M and earnings per share (EPS) of $0.24. Net income for the quarter was $9M. Operating income came in at $13M.

In Q1 2026, HENNESSY ADVISORS INC reported revenue of $8M and earnings per share (EPS) of $0.24. Net income for the quarter was $2M. Revenue grew -14.3% year-over-year compared to Q1 2025. Operating income came in at $3M.

In FY 2025, HENNESSY ADVISORS INC reported revenue of $36M and earnings per share (EPS) of $1.28. Net income for the quarter was $10M. Revenue grew 19.9% year-over-year compared to FY 2024. Operating income came in at $13M.

In Q3 2025, HENNESSY ADVISORS INC reported revenue of $8M and earnings per share (EPS) of $0.27. Net income for the quarter was $2M. Revenue grew 3.5% year-over-year compared to Q3 2024. Operating income came in at $3M.

Over the past 8 quarters, HENNESSY ADVISORS INC has demonstrated a growth trajectory, with revenue expanding from $8M to $35M. Investors analyzing HNNA stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.

HNNA Dividend Yield and Income Analysis

HENNESSY ADVISORS INC (HNNA) does not currently pay a dividend. This is common among smaller companies in the Trading industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Financials dividend stocks may want to explore other Financials stocks or use the stock screener to filter by dividend yield.

HNNA Momentum and Technical Analysis Profile

HENNESSY ADVISORS INC (HNNA) has a momentum factor score of 40/100, reflecting neutral trend characteristics. The stock is neither significantly outperforming nor underperforming the broader market on a momentum basis. The investment factor score is 30/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 48/100 reflects moderate short selling activity.

HNNA vs Competitors — Financials Sector Ranking and Peer Comparison

Within the Financials sector, HENNESSY ADVISORS INC (HNNA) ranks #222 out of 891 stocks based on the Blank Capital composite score. This places HNNA in the top quartile of all Financials stocks in our coverage universe. Key competitors and sector peers include WHITE MOUNTAINS INSURANCE GROUP LTD (WTM) with a score of 62.9/100, OPPENHEIMER HOLDINGS INC (OPY) with a score of 62.6/100, Enact Holdings, Inc. (ACT) with a score of 61.6/100, International General Insurance Holdings Ltd. (IGIC) with a score of 61.3/100, and PARKE BANCORP, INC. (PKBK) with a score of 60.4/100.

Comparing HNNA against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full HNNA vs S&P 500 (SPY) comparison to assess how HENNESSY ADVISORS INC stacks up against the broader market across all factor dimensions.

HNNA Next Earnings Date

No upcoming earnings date has been announced for HENNESSY ADVISORS INC (HNNA) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.

Should You Buy HNNA? — Investment Thesis Summary

HENNESSY ADVISORS INC presents a balanced picture with arguments on both sides. Low volatility (stability score 73/100) reduces downside risk.

In summary, HENNESSY ADVISORS INC (HNNA) earns a Hold rating with a composite score of 49.5/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on HNNA stock.

Related Resources for HNNA Investors

Explore more research and tools: HNNA vs S&P 500 comparison, top Financials stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare HNNA head-to-head with peers: HNNA vs WTM, HNNA vs OPY, HNNA vs ACT.

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HENNESSY ADVISORS INC (HNNA) Stock Analysis — April 2026 Rating, Price, and Forecast

Company Overview — What Does HENNESSY ADVISORS INC Do?

HENNESSY ADVISORS INC (HNNA) Stock Rating — Hold (April 2026)

HNNA Stock Price and 52-Week Range

Is HNNA Overvalued or Undervalued? — Valuation Analysis

HENNESSY ADVISORS INC Profitability — ROE, Margins, and Quality Score

HNNA Debt, Balance Sheet, and Financial Health

HENNESSY ADVISORS INC Revenue and Earnings History — Quarterly Trend

HNNA Dividend Yield and Income Analysis

HNNA Momentum and Technical Analysis Profile

HNNA vs Competitors — Financials Sector Ranking and Peer Comparison

HNNA Next Earnings Date

Should You Buy HNNA? — Investment Thesis Summary

Related Resources for HNNA Investors

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