Market Summary
USD36.59-1.42
Market Closed-3.74%
RILY Stock Price
RILY RSI Chart
RILY Valuation
RILY Price/Sales (Trailing)
RILY Profitability
RILY Fundamentals
RILY Revenue
RILY Earnings
Price Action
52 Week Range
24.2254.72
(Low)(High)
Last 7 days
-2.0%
Last 30 days
19.6%
Last 90 days
-0.2%
Trailing 12 Months
-26.8%
RILY Financial Health
RILY Investor Care
Peers (Alternatives to B Riley Financial)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
GS | 110.1B | 39.0B | -3.67% | 3.47% | 10.43 | 2.82 | -18.28% | -43.67% |
SCHW | 99.6B | 21.2B | 3.06% | -22.82% | 13.86 | 4.8 | 14.77% | 27.91% |
MCO | 57.5B | 5.4B | 0.13% | 2.71% | 41.74 | 10.61 | -11.79% | -30.31% |
MSCI | 37.7B | 2.3B | -2.29% | 5.73% | 42.85 | 16.55 | 7.33% | 16.27% |
FDS | 14.9B | 2.0B | -5.30% | 0.48% | 33.36 | 7.44 | 20.43% | 6.77% |
| MID-CAP | ||||||||
IBKR | 8.5B | 3.5B | 1.40% | 29.22% | 4.63 | 3.18 | 133.79% | 12.59% |
SEIC | 7.6B | 1.9B | -2.73% | -1.27% | 19.47 | 4.06 | -8.09% | -35.44% |
SF | 6.6B | 4.7B | -3.77% | -9.88% | 9.92 | 1.43 | -0.66% | -21.72% |
AMG | 5.4B | 2.3B | -1.76% | 5.64% | 4.75 | 2.34 | -3.43% | 102.56% |
JHG | 4.4B | 2.1B | 2.31% | -3.44% | 16.02 | 2.12 | -24.19% | -55.18% |
AMK | 2.1B | 646.6M | -7.20% | 35.96% | 21.42 | 3.26 | 15.54% | 72.98% |
| SMALL-CAP | ||||||||
DFIN | 1.3B | 821.2M | 2.38% | 38.98% | 14.21 | 1.59 | -14.37% | -32.97% |
BCOR | 1.1B | 536.9M | 7.56% | 73.30% | 2.75 | 1.98 | -21.89% | 2529.15% |
RILY | 1.0B | 1.3B | 19.64% | -26.82% | -7.76 | 0.81 | -41.53% | -173.54% |
GRNQ | 14.4M | 3.7M | -2.09% | -42.76% | -2.73 | 3.86 | 27.24% | 41.81% |
Financials for B Riley Financial
| Income Statement (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
| Revenue | 17.1% | 1,266 | 1,081 | 1,099 | 1,179 | 1,358 |
| S&GA Expenses | 5.2% | 752 | 715 | 777 | 857 | 890 |
| EBITDA | 7.9% | 115 | 106 | 377 | - | - |
| EBITDA Margin | 12.3% | 0.11* | 0.10* | 0.28* | - | - |
| Earnings Before Taxes | 17.0% | -183 | -220 | -41.70 | -36.35 | 248 |
| EBT Margin | -19.4% | -0.04* | -0.03* | 0.18* | - | - |
| Interest Expenses | 12.1% | 158 | 141 | 123 | 114 | 103 |
| Net Income | 17.0% | -132 | -159 | -38.21 | -35.50 | 180 |
| Net Income Margin | -12.0% | -0.04* | -0.03* | 0.13* | - | - |
| Free Cahsflow | -2.8% | 145 | 149 | 79.00 | - | - |
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
| Assets | 8.3% | 6,618 | 6,111 | 5,834 | 5,875 | 5,252 |
| Cash Equivalents | -21.0% | 212 | 269 | 232 | 216 | 214 |
| Net PPE | 1.6% | 28.00 | 27.00 | 16.00 | 14.00 | 13.00 |
| Goodwill | 2.2% | 524 | 513 | 429 | 394 | 362 |
| Liabilities | 10.6% | 6,003 | 5,427 | 5,078 | 4,979 | 4,207 |
| Shareholder's Equity | -1.4% | 440 | 447 | 514 | 543 | 700 |
| Retained Earnings | -38.4% | -62.57 | -45.22 | 47.00 | 33.00 | 206 |
| Additional Paid-In Capital | -9.9% | 445 | 494 | 473 | 459 | 450 |
| Shares Outstanding | -1.4% | 28.00 | 29.00 | 28.00 | 28.00 | 28.00 |
| Minority Interest | -0.3% | 59.00 | 59.00 | 64.00 | 55.00 | 46.00 |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
| Cashflow From Operations | 1014.8% | 74.00 | 7.00 | 145 | 149 | 79.00 |
| Share Based Compensation | -5.3% | 58.00 | 61.00 | 58.00 | 53.00 | 47.00 |
| Cashflow From Investing | -67.0% | -53.94 | -32.29 | -498 | -597 | -820 |
| Cashflow From Financing | -231.9% | -23.26 | 18.00 | 213 | 370 | 710 |
| Dividend Payments | 15.9% | 138 | 119 | 201 | 228 | 280 |
| Buy Backs | 1134.3% | 80.00 | 7.00 | 0.00 | 4.00 | - |
Risks for RILY
What is the probability of a big loss on RILY?
78.5%
Probability that B Riley Financial stock will be more than 20% underwater in next one year
62.7%
Probability that B Riley Financial stock will be more than 30% underwater in next one year.
40.8%
Probability that B Riley Financial stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does RILY drawdown profile look like?
Y-axis is the maximum loss one would have experienced if B Riley Financial was unfortunately bought at previous high price.
Drawdowns
Returns for RILY
Cumulative Returns on RILY
69.4%
10-Year Cumulative Returns
29.8%
7-Year Cumulative Returns
22.2%
5-Year Cumulative Returns
38.7%
3-Year Cumulative Returns
What are the long-term rolling returns for RILY?
FIve years rolling returns for B Riley Financial.
Annualized Returns
Which funds bought or sold RILY recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-05-25 | Brandywine Global Investment Management, LLC | sold off | -100 | -1,735,240 | - | -% |
2023-05-23 | ROYCE & ASSOCIATES LP | reduced | -7.31 | -4,532,320 | 15,127,100 | 0.15% |
2023-05-23 | Capital Impact Advisors, LLC | reduced | -50.00 | -105,987 | 75,205 | 0.09% |
2023-05-22 | EMC Capital Management | unchanged | - | -11,000 | 54,000 | 0.04% |
2023-05-22 | AMERIPRISE FINANCIAL INC | added | 26.83 | 138,999 | 2,816,000 | -% |
2023-05-18 | JPMORGAN CHASE & CO | added | 23.81 | 19,000 | 697,000 | -% |
2023-05-18 | NEW YORK STATE COMMON RETIREMENT FUND | reduced | -16.89 | -163,000 | 363,000 | -% |
2023-05-17 | B. Riley Wealth Advisors, Inc. | added | 15.52 | -33,675 | 786,529 | 0.02% |
2023-05-17 | Thrivent Financial for Lutherans | reduced | -3.39 | -112,000 | 450,000 | -% |
2023-05-16 | JANE STREET GROUP, LLC | added | 20.27 | -1,496 | 928,949 | -% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
B Riley Financial News
Schedule 13G FIlings of B Riley Financial
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Mar 08, 2023 | blackrock inc. | 10.0% | 2,864,842 | SC 13G/A | |
| Feb 09, 2023 | dj fund investments, llc - series e | 2.89% | 825,000 | SC 13D | |
| Jan 24, 2023 | blackrock inc. | 9.9% | 2,839,073 | SC 13G/A | |
| May 25, 2022 | dj fund investments, llc - series e | 2.95% | 825,000 | SC 13D | |
| May 17, 2022 | dj fund investments, llc - series e | 2.95% | 825,000 | SC 13D | |
| Feb 07, 2022 | blackrock inc. | 10.3% | 2,850,327 | SC 13G/A | |
| Feb 02, 2022 | dj fund investments, llc - series e | 3.00% | 825,000 | SC 13D | |
| Nov 24, 2021 | dj fund investments, llc - series e | 3.00% | 825,000 | SC 13D | |
| May 07, 2021 | blackrock inc. | 12.4% | 3,370,256 | SC 13G/A | |
| Feb 16, 2021 | punch & associates investment management, inc. | 4.62% | 1,176,188 | SC 13G/A |
RILY Fair Value
Recent SEC filings of B Riley Financial
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| May 30, 2023 | 8-K | Current Report | |
| May 26, 2023 | 4 | Insider Trading | |
| May 26, 2023 | 4 | Insider Trading | |
| May 26, 2023 | 4 | Insider Trading | |
| May 26, 2023 | 4 | Insider Trading | |
| May 26, 2023 | 4 | Insider Trading | |
| May 26, 2023 | 4 | Insider Trading | |
| May 26, 2023 | 4 | Insider Trading | |
| May 25, 2023 | 4 | Insider Trading | |
| May 25, 2023 | 4 | Insider Trading |
Latest Insider Trading transactions for RILY
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-05-24 | Ahn Phillip J. | sold (taxes) | -101,835 | 36.83 | -2,765 | cfo & chief operating officer |
2023-05-24 | Young Kenneth M | sold (taxes) | -131,188 | 36.83 | -3,562 | president |
2023-05-24 | WEITZMAN HOWARD | sold (taxes) | -50,493 | 36.83 | -1,371 | svp, chief accounting officer |
2023-05-24 | Moore Andrew | sold (taxes) | -134,687 | 36.83 | -3,657 | ceo b. riley securities, inc. |
2023-05-24 | KELLEHER THOMAS J /ADV | sold (taxes) | -252,506 | 36.83 | -6,856 | co-ceo |
2023-05-24 | Forman Alan N | sold (taxes) | -86,661 | 36.83 | -2,353 | evp, general counsel, sec |
2023-05-24 | RILEY BRYANT R | sold (taxes) | -252,506 | 36.83 | -6,856 | chairman and co-ceo |
2023-05-23 | ANTIN ROBERT L | acquired | - | - | 1,997 | - |
2023-05-23 | D Agostino Robert P | acquired | - | - | 1,997 | - |
2023-05-23 | PAULSON RANDALL E | acquired | - | - | 1,997 | - |
B. Riley Financial, Inc., through its subsidiaries, provides investment banking and financial services to corporate, institutional, and high net worth clients in North America, Australia, and Europe. The company operates in six segments: Capital Markets, Wealth Management, Auction and Liquidation, Financial Consulting, Principal Investments–Communications, and Brands. The Capital Markets segments offers investment banking, corporate finance, financial advisory, research, securities lending and sales, and trading services; merger and acquisitions, restructuring advisory, initial and secondary public offerings, and institutional private placements services; asset management services; and trades in equity securities. The Wealth Management segment provides wealth management and tax services. The Auction and Liquidation Segment offers retail store liquidation, and wholesale and industrial assets disposition services. The Financial Consulting segment provides bankruptcy, forensic accounting, litigation support, operations management and real estate consulting, and valuation and appraisal services. The Principal Investments–Communications segment provides consumer Internet access through United Online under the NetZero and Juno brands; VoIP communication and related products, and subscription services through magicJack; and mobile phone services and devices through Marconi Wireless. The Brands segments provides licensing of a brand investment portfolio, including Catherine Malandrino, English Laundry, Joan Vass, Kensie Girl, Limited Too, and Nanette Lepore. It also offers advisory services; brokerage services; senior secured and second lien secured loans to middle market public and the private U.S. companies; and consulting services. The company was formerly known as Great American Group, Inc. and changed its name to B. Riley Financial, Inc. in November 2014. The company was founded in 1973 and is headquartered in Los Angeles, California.
RILY Income Statement
2023-03-31Condensed Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands | 3 Months Ended | |
|---|---|---|
Mar. 31, 2023 | Mar. 31, 2022 | |
| Revenues: | ||
| Services and fees | $ 235,559 | $ 202,814 |
| Trading income (loss) and fair value adjustments on loans | 51,568 | (19,278) |
| Interest income - Loans and securities lending | 77,186 | 61,426 |
| Sale of goods | 67,777 | 1,878 |
| Total revenues | 432,090 | 246,840 |
| Operating expenses: | ||
| Direct cost of services | 54,397 | 11,651 |
| Cost of goods sold | 47,626 | 2,251 |
| Selling, general and administrative expenses | 212,627 | 175,199 |
| Restructuring charge | 93 | 0 |
| Interest expense - Securities lending and loan participations sold | 32,424 | 11,766 |
| Total operating expenses | 347,167 | 200,867 |
| Operating income | 84,923 | 45,973 |
| Other income (expense): | ||
| Interest income | 2,574 | 67 |
| Dividend income | 13,204 | 7,861 |
| Realized and unrealized gains (losses) on investments | (28,442) | (49,112) |
| Change in fair value of financial instruments and other | (209) | 5,981 |
| (Loss) income from equity investments | (10) | 6,775 |
| Interest expense | (47,561) | (30,436) |
| Income (loss) before income taxes | 24,479 | (12,891) |
| (Provision for) benefit from income taxes | (7,919) | 3,695 |
| Net income (loss) | 16,560 | (9,196) |
| Net (loss) income attributable to noncontrolling interests and redeemable noncontrolling interests | (595) | 866 |
| Net income (loss) attributable to B. Riley Financial, Inc. | 17,155 | (10,062) |
| Preferred stock dividends | 2,012 | 2,002 |
| Net income (loss) available to common shareholders | 15,143 | (12,064) |
| Net income (loss) available to common shareholders | $ 15,143 | $ (12,064) |
| Basic (loss) income per common share (in dollars per share) | $ 0.53 | $ (0.43) |
| Diluted (loss) income per common share (in dollars per share) | $ 0.51 | $ (0.43) |
| Weighted average basic common shares outstanding (in shares) | 28,585,337 | 27,855,033 |
| Weighted average diluted common shares outstanding (in shares) | 29,513,435 | 27,855,033 |
RILY Balance Sheet
2023-03-31Condensed Consolidated Balance Sheets - USD ($) $ in Thousands | Mar. 31, 2023 | Dec. 31, 2022 |
|---|---|---|
| Assets: | ||
| Cash and cash equivalents | $ 209,971 | $ 268,618 |
| Restricted cash | 2,351 | 2,308 |
| Due from clearing brokers | 19,145 | 48,737 |
| Securities and other investments owned, at fair value | 1,049,230 | 1,129,268 |
| Securities borrowed | 2,942,843 | 2,343,327 |
| Accounts receivable, net | 120,853 | 149,110 |
| Due from related parties | 372 | 1,081 |
| Loans receivable, at fair value (includes $97,062 and $98,729 from related parties as of March 31, 2023 and December 31, 2022, respectively) | 772,085 | 701,652 |
| Prepaid expenses and other assets | 491,872 | 460,696 |
| Operating lease right-of-use assets | 88,989 | 88,593 |
| Property and equipment, net | 27,577 | 27,141 |
| Goodwill | 523,997 | 512,595 |
| Other intangible assets, net | 366,060 | 374,098 |
| Deferred income taxes | 2,845 | 3,978 |
| Total assets | 6,618,190 | 6,111,202 |
| Liabilities: | ||
| Accounts payable | 59,969 | 81,384 |
| Accrued expenses and other liabilities | 263,335 | 322,974 |
| Deferred revenue | 84,019 | 85,441 |
| Deferred income taxes | 34,274 | 29,548 |
| Due to related parties and partners | 431 | 2,210 |
| Due to clearing brokers | 6,033 | 19,307 |
| Securities sold not yet purchased | 7,806 | 5,897 |
| Securities loaned | 2,937,982 | 2,334,031 |
| Operating lease liabilities | 100,075 | 99,124 |
| Notes payable | 19,882 | 25,263 |
| Revolving credit facility | 139,463 | 127,678 |
| Term loans, net | 626,613 | 572,079 |
| Senior notes payable, net | 1,722,977 | 1,721,751 |
| Total liabilities | 6,002,859 | 5,426,687 |
| Commitments and contingencies (Note 17) | ||
| Redeemable noncontrolling interests in equity of subsidiaries | 174,967 | 178,622 |
| B. Riley Financial, Inc. equity: | ||
| Preferred stock, $0.0001 par value; 1,000,000 shares authorized; 4,563 and 4,545 shares issued and outstanding as of March 31, 2023 and December 31, 2022, respectively; and liquidation preference of $114,082 and $113,615 as of March 31, 2023 and December 31, 2022, respectively | 0 | 0 |
| Common stock, $0.0001 par value; 100,000,000 shares authorized; 28,135,636 and 28,523,764 issued and outstanding as of March 31, 2023 and December 31, 2022, respectively | 3 | 3 |
| Additional paid-in capital | 445,352 | 494,201 |
| Accumulated deficit | (62,566) | (45,220) |
| Accumulated other comprehensive loss | (1,604) | (2,470) |
| Total B. Riley Financial, Inc. stockholders’ equity | 381,185 | 446,514 |
| Noncontrolling interests | 59,179 | 59,379 |
| Total equity | 440,364 | 505,893 |
| Total liabilities and equity | $ 6,618,190 | $ 6,111,202 |