Upside case
Bull case
$132+45.1%
SEIC would need investors to value it at roughly 22x earnings — about 7x more generous than today's 15x forward P/E. That requires meaningful multiple expansion on top of continued earnings growth.
Analysis OverviewBuyUpdated May 1, 2026
SEI Investments Company (SEIC) Stock Analysis
Wall Street verdict, consensus price target, and analyst rating breakdown — everything needed to frame the risk/reward at today's price.
Analyst consensus
Buy
Covering
14
analysts
11 bullish · 0 bearish · 14 covering SEIC
Strong Buy
0
Buy
11
Hold
3
Sell
0
Strong Sell
0
Consensus Target
$101
+10.4% vs today
Scenario Range
$71 – $132
Model bear to bull value window
Coverage
14
Published analyst ratings
Valuation Context
15.4x
Forward P/E · Market cap $11.1B
SEIC price targets
Three scenarios for where SEIC stock could go
Current
~$91
Confidence
64 / 100
Updated
May 1, 2026
Where we are now
Current · $91
Bear
$71
Base
$111
Bull
$132
Market caseClosest to today
Base case
$111+21.8%
At 19x on FY1 earnings, the base case reflects a reasonable but not stretched valuation. It prices in continued growth without assuming an exceptional setup.
Stress case
Bear case
$71-22.4%
If investor confidence fades or macro conditions deteriorate, a 3x multiple contraction could push SEIC down roughly 22% from where it trades now.
Not financial advice. Model confidence reflects internal scenario assumptions, not a guarantee of returns. Past performance does not predict future results.
SEI Investments Company
SEIC · NASDAQFinancial ServicesAsset ManagementDecember year-end
SEI Investments is a financial services firm that provides investment processing, wealth management, and asset management solutions to institutional investors, financial advisors, and private banks. It generates revenue primarily through investment processing fees (roughly 60% of revenue), asset management fees (about 30%), and wealth management services. The company's key advantage is its deeply integrated technology platform that creates high switching costs for clients who rely on its comprehensive investment processing ecosystem.
Market Cap
$11.1B
Net Income TTM
$715M
SEIC Revenue and Earnings Performance
Quarterly beat-or-miss track record against analyst estimates, plus forward revenue and EPS outlook for the next two fiscal years.
EPS Beat Rate
67%Exceptional
12 quarters tracked
Revenue Beat Rate
67%Exceptional
vs consensus estimates
Avg EPS Surprise
+7.1%
above Street consensus
Beat / Miss Record
BeatMissLeft = EPS · Right = Revenue
Q3 2025
Q4 2025
Q1 2026
Q2 2026
Last 4 Quarters
EPS beats: 4 of 4Q3 2025
EPS
$1.78/$1.19
Revenue
$560M/$566M
Q4 2025
EPS
$1.30/$1.25
Revenue
$579M/$585M
Q1 2026
EPS
$1.38/$1.34
Revenue
$608M/$597M
Q2 2026
EPS
$1.44/$1.29
Revenue
$622M/$610M
| Quarter | EPS (Actual / Est) | EPS Surprise | Revenue (Actual / Est) | Rev Surprise |
|---|---|---|---|---|
| Q3 2025 | $1.78/$1.19 | +49.6% | $560M/$566M | -1.1% |
| Q4 2025 | $1.30/$1.25 | +4.0% | $579M/$585M | -1.2% |
| Q1 2026 | $1.38/$1.34 | +3.0% | $608M/$597M | +1.8% |
| Q2 2026 | $1.44/$1.29 | +11.6% | $622M/$610M | +2.0% |
FY1–FY2 Estimates
Revenue Outlook
FY1
$2.5B
+8.7% YoY
FY2
$2.7B
+8.0% YoY
EPS Outlook
FY1
$6.02
+5.4% YoY
FY2
$6.86
+14.0% YoY
Trailing FCF (TTM)$582M
Next Earnings
—
Expected EPS
—
Expected Revenue
—
SEIC beat EPS estimates in 4 of 4 tracked quarters. A perfect track record raises the bar for the upcoming report.
SEIC Revenue Breakdown by Segment
Product and geographic revenue mix from the latest annual disclosure, with year-over-year growth by segment.
Latest disclosure
FY 2025
Total disclosed revenue $2.3B
Product Mix
Latest annual revenue by segment or product family
Asset Management, Administration And Distribution Fees
79.1%
+8.3% YoY
Tap, hover, or focus a slice to inspect segment detail.
Geographic Mix
Latest annual revenue by reported region
Other Geographic Areas
100.0%
YoY unavailable
Tap, hover, or focus a slice to inspect segment detail.
Asset Management, Administration And Distribution Fees is the largest disclosed segment at 79.1% of FY 2025 revenue, up 8.3% YoY.
Other Geographic Areas is the largest reported region at 100.0%, with no year-over-year comparison yet.
SEIC Valuation Snapshot
Current multiples compared to the S&P 500, the company's sector, and its own five-year average.
Relative Value Signal
Slightly Overvalued
Fair value est. $79 — implies -12.7% from today's price.
Premium to Fair Value
12.7%
above fair value
Deep DiscountFair ValueVery Expensive
vs S&P 500 Trailing P/E
SEIC
16.2x
vs
S&P 500
25.2x
36% discount
vs Financial Services Trailing P/E
SEIC
16.2x
vs
Financial Services
13.4x
+21% premium
vs SEIC 5Y Avg P/E
Today
16.2x
vs
5Y Average
16.9x
In line with benchmark
Forward PE
15.4x
S&P 500
19.1x
-19%
Financial Services
10.5x
+47%
5Y Avg
—
—
Trailing PE
16.2x
S&P 500
25.2x
-36%
Financial Services
13.4x
+21%
5Y Avg
16.9x
-4%
PEG Ratio
1.21x
S&P 500
1.75x
-31%
Financial Services
1.03x
+18%
5Y Avg
—
—
EV/EBITDA
16.2x
S&P 500
15.3x
+6%
Financial Services
11.4x
+42%
5Y Avg
14.3x
+13%
Price/FCF
19.1x
S&P 500
21.3x
-11%
Financial Services
10.6x
+79%
5Y Avg
18.0x
+6%
Price/Sales
4.9x
S&P 500
3.1x
+55%
Financial Services
2.3x
+115%
5Y Avg
4.5x
+7%
Dividend Yield
1.09%
S&P 500
1.88%
-42%
Financial Services
2.68%
-59%
5Y Avg
1.25%
-13%
| Metric | SEIC | S&P 500 | Financial Services | 5Y Avg SEIC |
|---|---|---|---|---|
| Forward PE | 15.4x | 19.1x-19% | 10.5x+47% | — |
| Trailing PE | 16.2x | 25.2x-36% | 13.4x+21% | 16.9x |
| PEG Ratio | 1.21x | 1.75x-31% | 1.03x+18% | — |
| EV/EBITDA | 16.2x | 15.3x | 11.4x+42% | 14.3x+13% |
| Price/FCF | 19.1x | 21.3x-11% | 10.6x+79% | 18.0x |
| Price/Sales | 4.9x | 3.1x+55% | 2.3x+115% | 4.5x |
| Dividend Yield | 1.09% | 1.88% | 2.68% | 1.25% |
SEIC trades above S&P 500 benchmarks on 1 of 6 measured multiples — appears modestly priced relative to the S&P 500 on most measures.
Forward P/E and PEG reflect analyst consensus estimates. Historical averages use trailing ratios where forward data is unavailable.S&P 500 and sector benchmarks both use trailing median P/E — similar readings indicate the broader index and sector are priced alike.
Open valuation toolSEIC Financial Health
Verdict
Exceptional
SEIC generates 29.4% ROE and 25.3% return on assets — the two primary signals for banking profitability. FCF-based metrics are not applicable to financial companies.
Earnings Engine
Revenue, profitability, and return on capital
Revenue (TTM)
Trailing-twelve-month sales base
—
Revenue Growth
TTM vs prior year
—
Operating Margin
Operating income divided by revenue
—
Net Margin
Net income divided by revenue
—
EPS (TTM)
Diluted earnings per share, trailing twelve months
$5.71
ROE
Return on equity — the primary profitability signal for banks
29.4%
Capital Quality
ROIC, leverage, and debt serviceability
ROIC
Return on invested capital — primary competitive quality signal
18.8%
ROA
Return on assets, trailing twelve months
25.3%
Cash & Equivalents
Liquid assets on the balance sheet
$400M
Net Cash
Cash exceeds total debt — no net leverage
$391M
FCF Analysis
Traditional FCF and debt/FCF ratios are not meaningful for financial companies. Focus on ROE and ROA above.
ROE
Return on equity — the headline bank profitability metric
29.4%
Shareholder Returns
How capital is returned to owners
Total shareholder yield
6.7%
Dividend
1.1%
Buyback
5.6%
Share Repurchases
Trailing buyback outflow — dollar magnitude of capital returned
$628M
Dividend / Share
Annualized trailing dividend per share
$0.99
Payout Ratio
Share of earnings distributed as dividends
17.4%
Shares Outstanding
Declining as buybacks retire shares
122M
All figures from the trailing twelve months. For financial companies, ROE and ROA are the primary health signals — FCF-based metrics are not applicable.
Open full ratios pageSEIC Stock Risk Factors
Key factors that could pressure the stock price, compress the multiple, or weigh on future results.
AI analysis · updated April 29, 2026
High Risk
Model Inaccuracy Risks
SEIC's quantitative investment models are critical for risk assessment and portfolio management. Any inaccuracies or limitations in these models could adversely affect product performance and client relationships, potentially harming SEI Investments' business operations and reputation.
High Risk
Market Performance Risks
Poor capital market performance can significantly impact SEIC's assets under management (AUM) and the associated fees, leading to reduced revenue streams. Additionally, a noted decline in the investment advisor segment suggests weakening demand or increased competitive pressures.
Medium
Debt and Financing Risks
SEI Investments faces risks related to its debt and financing, which could affect its financial stability and operational capabilities. Changes in interest rates or credit conditions may further exacerbate these risks.
Medium
Competitive Dynamics
SEIC is exposed to changing industry fundamentals and competitive dynamics that could impact its market position. Increased competition may lead to pricing pressures and reduced market share in key segments.
Lower
Regulatory Changes
New legislation and regulatory changes can directly affect SEI Investments' operations and profitability. The company must remain vigilant to adapt to evolving regulatory landscapes.
Lower
Cybersecurity Risks
SEIC faces potential cybersecurity threats that could lead to significant liability and reputational damage. As financial services increasingly rely on digital platforms, the risk of security breaches grows.
These are risk mechanisms, not predictions. The key question is which would force a cut to earnings estimates or a lower multiple than the market currently prices in.
Why SEIC Stock Could Outperform
Structural drivers behind the upside case and why the stock could outperform over the next 12 months.
AI analysis · updated April 29, 2026
Revenue and Earnings Growth
SEI Investments reported strong first-quarter 2026 results, with revenue of $622.2 million and net income of $174.5 million. Earnings per share (EPS) have shown consistent growth, exceeding analyst expectations in recent quarters, with Q1 2026 EPS at $1.44, beating estimates of $1.31.
Margin Expansion
The company has demonstrated a noteworthy increase in core operating margins, reaching 30% in Q1 2026, with gross margins as high as 78.4%. This margin expansion is attributed to an AI-driven operational transformation and efficient cost management.
Strategic Investments and Platforms
SEI's investment in technology, such as the SEI Access platform for streamlining onboarding processes, is expected to enhance its competitive position and client retention. The company's focus on outsourced investment processing solutions for private banks and trust companies is a key growth driver.
Shareholder Returns
SEI continues its share repurchase program, buying back a significant number of shares in recent quarters. This strategy can boost earnings per share and return value to shareholders.
Strong Fundamentals
SEIC receives a strong fundamental rating, scoring well in profitability and financial health. It outperforms a significant portion of its industry peers in metrics like Return on Assets and Return on Equity.
A real bull case compounds — each driver matters most when it strengthens margins, supports capital returns, and keeps the company above the market's minimum growth bar simultaneously.
SEIC Stock Price Performance
52-week range context and price returns across multiple time horizons. Dividend contribution is shown separately in the Capital Return section.
Current Price
$91.17
52W Range Position
85%
52-Week Range
Current price plotted between the 52-week low and high.
52-Week Low
$75.08
+21.4% from the low
52-Week High
$93.96
-3.0% from the high
1 Month
+20.01%
3 Month
+7.96%
YTD
+9.8%
1 Year
+14.2%
3Y CAGR
+15.7%
5Y CAGR
+7.6%
10Y CAGR
+6.7%
Range context matters because valuation compression and earnings misses rarely hit from the same starting point. A stock already far below its high can still fall, but it is no longer carrying the same embedded optimism as one pressing a fresh peak.
SEIC vs Peers
Valuation, growth, and margin comparison against the closest publicly traded peers for this company.
Peer Set
Accurate peer set
Forward PE
15.4x
vs 11.0x median
+39% above peer median
Revenue Growth
+8.7%
vs -7.9% median
+209% above peer median
Net Margin
—
vs -121.2% median
Peer median unavailable
| Company | Mkt Cap | Fwd PE | Rev Grw | Margin | Rating | Upside |
|---|---|---|---|---|---|---|
SEI SEIC SEI Investments Company | $11.1B | 15.4x | +8.7% | — | Buy | +10.4% |
NTR NTRS Northern Trust Corporation | $30.3B | 15.1x | -20.3% | — | Hold | -5.8% |
BEN BEN Franklin Resources, Inc. | $16.2B | 11.4x | -1.3% | — | Hold | -7.7% |
IVZ IVZ Invesco Ltd. | $12.2B | 10.6x | -0.6% | — | Hold | +8.7% |
VRT VRTS Virtus Investment Partners, Inc. | $960M | 5.6x | -8.6% | — | Hold | +13.7% |
CNN CNNE Cannae Holdings, Inc. | $1.3B | — | -7.9% | -121.2% | Buy | +23.8% |
This peer comparison reflects companies with similar business models, product lines, or market positioning, supplemented by industry grouping when direct matches are limited.
SEIC Dividend and Capital Return
SEIC returns capital mainly through $628M/year in buybacks (5.6% buyback yield), with a modest 1.09% dividend — combining for 6.7% total shareholder yield. The dividend has grown for 12 consecutive years.
Dividend SustainableFCF Well Covered
Total Shareholder Yield
6.7%
Dividend + buyback return per year
Buyback Yield
5.6%
Dividend Yield
1.09%
Payout Ratio
17.4%
How SEIC Splits Its Return
Div 1.09%
Buyback 5.6%
Dividend 1.09%Buybacks 5.6%
Dividend Profile
Yield, cadence, and growth quality
Dividend / Share
Trailing annualized cash dividend
$0.99
Growth Streak
Consecutive years of dividend increases
12Y
3Y Div CAGR
6.8%
5Y Div CAGR
7.0%
Ex-Dividend Date
—
Payment Cadence
Semi-Annual
2 payments over the last 12 months
Buyback Engine
How much per-share support comes from repurchases
Repurchases (TTM)
Cash used for buybacks in the latest trailing period
$628M
Estimated Shares Retired
7M
Approx. Share Reduction
5.6%
Shares Outstanding
Current diluted share count from the screening snapshot
122M
At 5.6%/year, buybacks mechanically lift EPS even with flat earnings — each remaining share represents a slightly larger piece of the company.
| Year | Div / Share | YoY Grw | BB Yield | Total Yield |
|---|---|---|---|---|
| 2025 | $1.01 | +6.3% | 6.1% | 7.3% |
| 2024 | $0.95 | +6.7% | 4.6% | 5.7% |
| 2023 | $0.89 | +7.2% | 3.6% | 5.0% |
| 2022 | $0.83 | +7.8% | 4.3% | 5.7% |
| 2021 | $0.77 | +6.9% | 4.7% | 5.9% |
FAQ
7 questionsSEIC Investor Questions
Common questions answered from live analyst data and company financials.
01Is SEI Investments Company (SEIC) stock a buy or sell in 2026?
SEI Investments Company (SEIC) is rated Buy by Wall Street analysts as of 2026. Of 14 analysts covering the stock, 11 rate it Buy or Strong Buy, 3 rate it Hold, and 0 rate it Sell or Strong Sell. The consensus 12-month price target is $101, implying +10.4% from the current price of $91. The bear case scenario is $71 and the bull case is $132.
02What is the SEIC stock price target for 2026?
The Wall Street consensus price target for SEIC is $101 based on 14 analyst estimates. The high-end target is $115 (+26.1% from today), and the low-end target is $82 (-10.1%). The base case model target is $111.
03Is SEI Investments Company (SEIC) stock overvalued in 2026?
SEIC trades at 15.4x times forward earnings. The stock currently trades at a discount to the broader market. Based on current multiples versus the peer group, the relative model signals slightly overvalued. Whether the stock is over or undervalued ultimately depends on whether consensus earnings estimates are achievable.
04What are the main risks for SEI Investments Company (SEIC) stock in 2026?
The primary risks for SEIC in 2026 are: (1) Model Inaccuracy Risks — SEIC's quantitative investment models are critical for risk assessment and portfolio management. (2) Market Performance Risks — Poor capital market performance can significantly impact SEIC's assets under management (AUM) and the associated fees, leading to reduced revenue streams. (3) Debt and Financing Risks — SEI Investments faces risks related to its debt and financing, which could affect its financial stability and operational capabilities. Each factor has the potential to pressure earnings or compress the stock's valuation multiple.
05What is SEI Investments Company's revenue and earnings forecast?
Analyst consensus estimates SEIC will report consensus revenue of $2.5B (+8.7% year-over-year) and EPS of $6.02 (+5.4% year-over-year) for the upcoming fiscal year. The following year, analysts project $2.7B in revenue.
06When does SEI Investments Company (SEIC) report its next earnings?
A confirmed upcoming earnings date for SEIC is not yet available. Check the Earnings section above for the most recent quarterly report dates and forward estimates.
07How much free cash flow does SEI Investments Company generate?
SEI Investments Company (SEIC) generated $582M in free cash flow over the trailing twelve months. SEIC returns capital to shareholders through dividends (1.1% yield) and share repurchases ($628M TTM).