Financial Review: Legg Mason (NYSE:LM) versus Manning and Napier (NYSE:MN) – Slater Sentinel
Manning and Napier (NYSE:MN) and Legg Mason (NYSE:LM) are both finance companies, but which is the superior investment? We will compare the two businesses based on the strength of their earnings, risk, institutional ownership, profitability, analyst recommendations, valuation and dividends. Manning and Napier is trading at a lower price-to-earnings ratio than Legg Mason, indicating that it is currently the more affordable of the two stocks. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.