U.S. Global Investors, Inc. GROW

2.98 0.05 1.71% as of 25 Sep
Market cap
$36.0M
P/E
11.4×
Growth Flags show if company had growth for consecutive years,
Insider Buys alert about insiders buying in the last 12 month

Insider Decisions

Total buys 0.30
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — 2 2 — — —
Sell — — — — — — — — — — — —
Insider Ownership 24.57%

Capital & Financial Ratios

Market Cap 36.03
Revenue 10.25
Net Income 3.06
Free Cash Flow 0.68
Net Debt (25.21)
Current Ratio 19.71
Debt/Equity 0.00
P/E ratio 11.43
P/S ratio 3.65
P/B ratio 0.83
Past 5Y EPS Growth 19.20%
This Y EPS Growth (58.10%)
Next Y EPS Growth —
Next 5Y EPS Growth —
in millions of $

Dividends

Payout Ratio 0.43
Annual Dividend Rate 0.09
Annual Dividend Yield 3.26%
total individual payouts
2026 0.09
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
2025 0.09
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
2024 0.11
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
2023 0.09
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
2022 0.09
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
2021 0.06
0.00
0.00
0.00
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
2020 0.03
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
2019 0.03
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
2018 0.03
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
2017 0.03
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
2016 0.03
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 2026
Cash 26 28 26 25
Receivables 2 2 3 2
Inventory 12 10 10 10
Other — — — —
40 40 39 38
2023 2024 2025 2026
Payables 0 0 0 0
ST’ Debt — — — —
Other — — — —
3 2 2 2
in millions of $

Compound Annual Growth

10y 5y 3y
Sales 6.41% (13.89%) (12.06%)
Cash Flow (13.13%) (31.06%) (36.59%)
Earnings 0.00% (37.47%) (1.01%)
Book Value 6.07% (3.64%) (4.62%)

Revenue

Sep Dec Mar Jun Year
’26 — — — — —
’26 2 3 3 3 10
’25 2 2 2 2 8
’24 3 3 3 2 11
’23 4 4 4 3 15
’22 7 7 6 5 25
’21 3 5 6 7 22
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Sep Dec Mar Jun Year
’26 — — — — —
’26 0 0 0 0 1
’25 0 0 0 0 (1)
’24 1 0 0 0 1
’23 1 0 2 0 3
’22 2 3 4 1 11
’21 1 0 1 3 5
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Sep Dec Mar Jun Year
’26 — — — — —
’26 0 0 0 0 1
’25 0 0 0 0 (1)
’24 1 0 0 0 1
’23 1 0 2 0 3
’22 2 3 4 1 10
’21 1 0 1 3 5
in millions of $ · fiscal quarters ending in the months shown

EPS

Sep Dec Mar Jun Year
’26 — — — — —
’26 0.12 (0.07) 0.23 (0.02) 0.24
’25 0.02 (0.01) (0.03) (0.01) (0.03)
’24 (0.01) 0.09 0.00 0.02 0.09
’23 0.00 0.06 0.11 0.04 0.22
’22 0.16 0.24 (0.06) (0.11) 0.23
’21 0.13 1.10 0.57 0.32 2.12
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1Buy 2 3Hold 4 5Sell
2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029
1.25 0.92 1.03 0.80 4.13 2.53 2.41 2.38 2.02 2.42

Analyst estimates 2027–2029

Powerpack
Low Price
7.49 5.41 2.29 5.66 12.89 6.37 3.30 2.95 2.78 3.65
High Price
26 25 24 23 23 22 24 26 24 21
Employees
0 0 0 0 1 1 1 0 0 0
Revenue/Emp
7 6 3 4 22 25 15 11 8 10
Revenue
100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Gross Margin
(1) 1 (4) (5) 37 5 4 2 0 4
EBT
(7.79%) 14.15% (123.42%) (103.64%) 172.89% 20.10% 27.09% 17.43% (3.10%) 37.89%
EBT Margin
(1) 1 (3) (5) 32 3 3 1 0 3
Net Income
0 0 0 0 0 0 0 0 0 0
Depreciation
0.44 0.41 0.23 0.30 1.44 1.65 1.03 0.77 0.63 0.81
Revenue/Sh
(0.03) 0.04 (0.22) (0.31) 2.12 0.23 0.22 0.09 (0.03) 0.24
Earnings/Sh
0.05 0.00 (0.07) (0.13) 0.32 0.70 0.20 0.07 (0.06) 0.06
Cash Flow/Sh
0.00 0.00 0.00 0.00 0.00 (0.01) 0.00 (0.01) 0.00 0.00
Capex/Sh
0.05 0.00 (0.07) (0.13) 0.31 0.69 0.20 0.05 (0.06) 0.05
Free CF/Sh
1.60 1.72 1.47 1.11 3.61 3.58 3.55 3.46 3.39 3.56
Book Value/Sh
15 15 15 15 15 15 15 14 13 13
Shares
0.00 45.25 0.00 0.00 2.92 19.43 14.33 26.67 0.00 12.09
PE Ratio
3.42 4.38 7.05 6.41 4.31 2.68 2.97 3.36 4.10 3.86
PS Ratio
0.95 1.05 1.10 1.71 1.72 1.23 0.86 0.75 0.77 0.88
PB Ratio
2.69 3.21 6.33 5.76 3.59 1.74 1.22 0.77 1.09 1.40
EV/Sales
26.83 (427.06) (20.11) (13.12) 16.58 4.18 6.36 10.92 (10.68) 21.05
EV/FCF
1 0 (1) (2) 5 11 3 1 (1) 1
Op' Cash Flow
— — — — 0 0 0 0 0 0
Capex
1 0 (1) (2) 5 10 3 1 (1) 1
FCF
16 15 12 9 22 34 37 38 37 36
Working Cap'
— — — 0 0 0 0 0 0 0
Total Debt
(5) (7) (2) (3) (15) (23) (26) (28) (25) (25)
Net Debt
24 26 22 17 54 54 52 49 45 45
Sh' Equity
(1.98%) 2.38% (12.86%) (22.01%) 78.83% 5.70% 5.52% 2.48% (0.67%) 6.36%
ROA
(2.81%) (7.65%) (8.75%) (10.85%) 13.12% 22.74% 8.59% (1.46%) (9.46%) (1.89%)
ROIC
(2.08%) 2.57% (14.05%) (24.06%) 89.92% 6.36% 5.95% 2.64% (0.71%) 6.76%
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Jun 2026 · latest quarter Jun 2026

U.S. Global Investors, Inc. peers in Asset Management

All 121 Asset Management stocks →

U.S. Global Investors, Inc. (GROW) key facts

  • U.S. Global Investors, Inc. (GROW) is an Asset Management company in the Financial sector, listed on Nasdaq.
  • U.S. Global Investors, Inc.’s revenue for fiscal 2026 (year ended June 2026) was $10.3 million, up 21.3% from fiscal 2025.
  • Net income was $3.1 million, or $0.24 per share (basic), a net margin of 29.8%.
  • As of September 25, 2026, GROW traded at $2.98, a market capitalization of $36.0 million.
  • At that price the stock trades at 11.4× trailing-twelve-month earnings and 3.6× sales.
  • U.S. Global Investors, Inc. pays an annual dividend of $0.09 per share, a yield of 3.26%, with a payout ratio of 42.9%.
  • Return on equity was 6.76% and debt-to-equity 0.00.

Source: company filings (standardised) and stockrow calculations.

U.S. Global Investors, Inc. (GROW) Latest News

News by impact score

Fine-tune

15 Sep

3

U.S. Global Investors, Inc. (GROW) will pay monthly dividends because travel spending outpaces volume. Dividend initiation reflects improved cash flow from travel recovery and may support near-term stock sentiment.

4 Sep

3

U.S. Global Investors, Inc. (GROW) held its Q4 2026 earnings call covering financial results, asset management performance, and company outlook. Earnings call provides quarterly results and guidance that can shift near-term investor sentiment and valuation.

3 Sep

3

U.S. Global Investors reports $3.1M profit for fiscal 2026 after prior losses, driven by surging gold fund assets and performance. Profit turnaround improves near-term financials and sentiment but does not alter core business model or competitive position.

21 Aug

4

Unexpected gold mining stock rally lifts U.S. Global Investors (GROW) fund values and investor interest as precious metals prices surge. Gold mining rally directly increases GROW assets under management and draws new capital inflows.

3

U.S. Global Investors, Inc. announced that its shipping ETF, SEA, is now available for trading on the Mexican Stock Exchange. This expansion allows investors in Mexico to access the ETF, which focuses on the maritime shipping industry, potentially increasing its market reach and investor base. The availability of the ETF on the Mexican Stock Exchange may moderately influence market sentiment and expand investor access, but its overall impact on GROW's trajectory is expected to be limited.

8 Jul

3

U.S. Global Investors promotes three energy mutual funds for strong returns driven by sector dynamics and investment opportunities. Fund recommendations may increase inflows and assets under management for GROW.

8 Jun

3

New fair value assumptions are shifting the narrative around Molten Ventures (LSE:GROW). Revised fair value assumptions can moderately influence market perception and valuation of the company.

20 May

3

US Global Investors Inc (GROW) highlighted strong revenue growth in its Q3 2026 earnings call. Strong revenue growth in Q3 2026 supports improved financial performance and investor sentiment for GROW.

14 May

3 transcript

U.S. Global Investors, Inc. (GROW) held its Q3 2026 earnings call covering quarterly financial results, performance metrics and management outlook. Quarterly earnings releases and calls deliver financial updates and guidance that moderately shape near-term stock sentiment and valuation.

13 May

3

U.S. Global Investors, Inc. (GROW) assets under management rose during the first quarter, propelled by strength in gold prices. Q1 assets under management growth from gold strength moderately boosts GROW's fee revenue and financial performance.

3

U.S. Global Investors, Inc. (GROW) reported third quarter fiscal 2026 results, emphasizing strategic initiatives to build for the next era of global investing. Quarterly results disclosure with forward-looking strategy signals moderate influence on financial performance and market sentiment.

6 Mar

3

Frank Holmes declares the AI defense supercycle underway, with surging investments in AI-powered defense technologies amid geopolitical tensions and military modernization, positioning related assets for outsized gains. GROW's endorsement of AI defense trends highlights potential fund performance in defense-tech investments but remains opinion-driven without guaranteed outcomes.

23 Feb

4

U.S. Global Investors, Inc. (GROW) assets under management grew to $1.5 billion in fiscal Q2. AUM expansion to $1.5 billion directly enhances revenue potential through higher management fees and improves market perception of GROW's growth trajectory.

21 Feb

3

U.S. Global Investors, Inc. (GROW) released Q2 2026 earnings call summary detailing financial results, operational updates, and future outlook. Q2 2026 earnings summary impacts financial performance and investor sentiment but is balanced by market factors.

20 Feb

3

U.S. Global Investors, Inc. (GROW) reported 12% sequential growth in assets under management for Q2 of fiscal 2026. 12% sequential AUM growth boosts financial performance and market sentiment moderately but lacks transformative scale.

27 Jan

3

U.S. Global Investors, Inc. (GROW) is highlighted as a top penny stock to watch in January 2026, reflecting potential growth opportunities in the market. The company is noted for its strategic positioning and investment strategies that may appeal to investors looking for high-risk, high-reward options. Analysts suggest that GROW's focus on emerging markets and innovative financial products could enhance its market presence and attract investor interest. GROW's strategic positioning and focus on emerging markets may moderately influence its financial performance and market sentiment.

30 Dec

4

U.S. Global Investors, Inc. has announced the transition of its GOAU ETF to an active management strategy as part of its Smart Beta 2.0 initiative. Additionally, the WAR ETF has reached its one-year milestone, marking a significant point in its development. These strategic moves aim to enhance investment performance and adapt to changing market conditions. The transition to active management and the milestone achievement are significant strategic moves that could enhance the company's market positioning and investor sentiment.

12 Dec

3

U.S. Global Investors, Inc. (GROW) has announced that it will maintain its monthly dividends as airline revenues are projected to surpass $1 trillion for the first time in 2026. The company also provided updates on gold and silver markets, indicating a positive outlook amidst rising airline industry revenues. Projected airline revenue growth may moderately influence GROW's financial performance and market sentiment.

12 Nov

4

U.S. Global Investors, Inc. (GROW) reported a rebound in profitability for the first quarter of fiscal 2026, driven by an increase in gold assets and investment income. The company's financial performance showed significant improvement compared to previous periods, reflecting positive market conditions and strategic asset management. Rising gold assets and investment income are likely to significantly enhance the company's financial performance and investor sentiment.

22 Sep

4

U.S. Global Investors, Inc. has announced that it will maintain its monthly dividends as its GOAU Gold Mining ETF reaches a new record high. This development highlights the company's strong performance in the gold mining sector, reflecting positive market conditions and investor confidence. The record high of the GOAU ETF indicates significant market dynamics that could enhance investor sentiment and the company's financial performance.

10 Sep

4 transcript

U.S. Global Investors, Inc. (GROW) reported its Q4 2025 earnings, highlighting strategic initiatives aimed at enhancing operational efficiency and market positioning. The company emphasized its focus on expanding investment offerings and adapting to changing market conditions. Key financial metrics showed resilience despite broader economic challenges, with management expressing optimism about future growth prospects. The earnings call also addressed ongoing efforts to improve shareholder value through innovative strategies and potential partnerships. Significant strategic moves and market adaptations are expected to influence the company's future performance and investor sentiment.

8 Sep

4

U.S. Global Investors, Inc. (GROW) announced its fiscal year 2025 results, highlighting a strategic move to list its GoGold ETFs in Mexico and Colombia. This expansion aims to enhance the company's international presence and capitalize on growth opportunities in these markets. Listing GoGold ETFs in Mexico and Colombia represents a significant strategic move that could enhance market positioning and investor sentiment.

2 Jul

3

U.S. Global Investors, Inc. (NASDAQ:GROW) announced a dividend of $0.0075 per share, yielding 3.7% annually, above industry average. However, the company's earnings are lower than the dividend, raising concerns about sustainability. EPS may decline by 31.4%, potentially leading to a payout ratio of 1,166%, jeopardizing future dividends. The company's dividend history shows instability, with fluctuations and a growth rate of only 4.1% over the last decade. Overall, the dividend is deemed unreliable for income investment, and investors should consider other factors before investing. Concerns about dividend sustainability and declining earnings could moderately influence investor sentiment and financial performance.

25 Jun

4

U.S. Global Investors, Inc. (GROW) has announced it will maintain its monthly dividends while increasing its exposure to Bitcoin. The company also highlighted its Smart Beta 2.0 tools designed for targeted fear trade strategies, indicating a strategic focus on innovative investment approaches amidst market volatility. The strategic moves to enhance Bitcoin exposure and introduce Smart Beta 2.0 tools are likely to significantly impact the company's future performance and investor sentiment.

21 May

4

U.S. Global Investors, Inc. has listed its gold-focused ETF, the U.S. Global GO GOLD and Precious Metal Miners ETF (GOAU), on the Colombian Securities Exchange, expanding its reach in Latin America. This listing allows Colombian investors to access companies involved in gold production through mining and royalty agreements. GOAU is the only non-UCITS gold-related ETF on the BVC, complementing its existing listings in New York, Mexico, and Peru. CEO Frank Holmes highlighted the strategic timing of this expansion amid rising demand for gold due to economic uncertainty. The ETF employs a smart-factor investment strategy, focusing on high-quality companies in the gold sector. The listing of GOAU on the BVC represents a significant strategic move that enhances market presence and investor access in a growing market.

8 May

4

U.S. Global Investors, Inc. reported Q3 2025 revenues of $2.1 million and a net loss of $382,000. Total assets under management decreased to $1.2 billion. CEO Frank Holmes highlighted the impact of high-tariff trade policies on stock valuations and expressed confidence in gold's bull market due to upcoming Basel III regulations. The company plans to increase its investment in Bitcoin and HIVE Digital Technologies, citing a favorable regulatory environment. The U.S. Global Technology and Aerospace & Defense ETF (WAR) has performed well amid rising geopolitical tensions. The company also announced a monthly dividend and a share repurchase program, with strong liquidity of $26.3 million in cash as of March 31, 2025. Strategic moves to invest in Bitcoin and HIVE, along with the launch of the WAR ETF, are likely to significantly impact future performance.

7 May

3

U.S. Global Investors, Inc. (GROW) may not be a wise investment for its upcoming dividend due to concerns about its financial stability and performance. Analysts suggest that the company's dividend yield might not be sustainable, raising questions about its long-term viability. Investors are advised to consider these factors before making any decisions regarding purchasing shares for dividend income. Concerns about financial stability and dividend sustainability may moderately influence investor sentiment and performance.

3 May

4

U.S. Global Investors, Inc. (NASDAQ:GROW) has announced a dividend payment of $0.0075 per share on May 27, resulting in a 4.2% yield. However, the company's dividend payments are unsustainable, as they previously constituted 244% of earnings, and it is generating negative free cash flows. EPS is projected to decline by 19.8% over the next year, potentially increasing the payout ratio to 319%. Although the company has a history of paying dividends, it has cut them in the past, and EPS has declined by about 20% annually over the last five years, indicating limited growth potential. Overall, the dividend situation appears precarious, making GROW a less attractive income stock. The unsustainable dividend payments and declining earnings could significantly impact the company's future performance.

2 Apr

3

U.S. Global Investors, Inc. (NASDAQ:GROW) will pay a dividend of $0.0075 per share on April 28, yielding 4.0%. However, the company's high payout ratio of 244% of earnings and lack of free cash flow raise concerns about the sustainability of this dividend. Earnings per share have declined by 20% over the past five years, and projections suggest a potential payout ratio of 319%, putting future dividends at risk. Although the company has a history of dividend payments, it has cut dividends in the past, making its growth potential uncertain. The high payout ratio and declining earnings per share indicate a moderately noticeable influence on the company's future performance.

17 Mar

4

U.S. Global Investors, Inc. (GROW) has announced the continuation of its monthly dividends and expressed a positive outlook for gold equities as the price of gold surpasses $3,000 for the first time. This milestone is expected to influence investor sentiment and the company's performance in the gold market. The significant rise in gold prices is likely to enhance GROW's market position and investor interest in gold equities.

stockrow.com/GROW · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com