Daniel Lee - Associated Capital Independent Director

AC Stock  USD 37.26  0.06  0.16%   

Director

Mr. Daniel R. Lee serves as Independent Director of the company since the spinoff transaction from GAMCO was completed on November 30, 2015. Mr. Lee served as a director of GCIA from August 2012 until August 2016 and as a director of Lynch Interactive Corporation from 2000 to 2005, and again from January 2010 to July 2013. He has also served in a number of senior executive and financial positions over the course of a long and distinguished business career. Mr. Lee is currently the Chief Executive Officer, President and a director of Full House Resorts, Inc., a developer and manager of gaming properties headquartered in Las Vegas, NV. He has held these positions since December 1, 2014. Previously, he served as Chairman and Chief Executive Officer of F.P. Holdings, LP, the owner and operator of The Palms Casino Resort in Las Vegas, NV, from September 2013 to July 2014. Prior to that, he was Managing Partner of Creative Casinos, LLC, a casino developer and operator of gaming casinos that he sold. He also served as Chairman and Chief Executive Officer of Pinnacle Entertainment, Inc., a New York Stock Exchange listed company, from 20022009. He held the positions of Chief Financial Officer, Treasurer and Senior Vice PresidentFinance of Mirage Resorts, Inc., from 1992 to 1999. Previously, he was a Managing Director of a major brokerage firm and is a Chartered Financial Analyst. Mr. Lee served as a director of ICTC Group, Inc., a rural telephone company serving southeastern North Dakota from June 2015 until December 2016. He served as a director of LICT, a company engaged in broadband transport and other communications services, from 2000 to 2005 and again from January 2010 to July 2013. Mr. Lee also serves as a director of Myers Industries Inc., a NYSElisted company, since May 2016. He previously served as a director of MYE from May 2013 to May 2015. since 2015.
Age 63
Tenure 10 years
Address 191 Mason Street, Greenwich, CT, United States, 06830
Phone203 629 9595
Webhttps://www.associated-capital-group.com
Lee is currently the Chief Executive Officer, President and a director of Full House Resorts, Inc., a developer and manager of gaming properties headquartered in Las Vegas, NV. He has held these positions since December 1, 2014. Previously, he served as Chairman and Chief Executive Officer of F.P. Holdings, LP, the owner and operator of The Palms Casino Resort in Las Vegas, NV, from September 2013 to July 2014. Prior to that, he was Managing Partner of Creative Casinos, LLC, a casino developer and operator of gaming casinos. He also served as Chairman and Chief Executive Officer of Pinnacle Entertainment, Inc., a New York Stock Exchange listed company, from 20022009. He held the positions of Chief Financial Officer, Treasurer and Senior Vice PresidentFinance of Mirage Resorts, Inc., from 19921999. Previously, he was a Managing Director of a major brokerage firm and is a Chartered Financial Analyst.

Daniel Lee Latest Insider Activity

Tracking and analyzing the buying and selling activities of Daniel Lee against Associated Capital stock is an integral part of due diligence when investing in Associated Capital. Daniel Lee insider activity provides valuable insight into whether Associated Capital is net buyers or sellers over its current business cycle. Note, Associated Capital insiders must abide by specific rules, including filing SEC forms every time they buy or sell Associated Capital'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Associated Capital Management Efficiency

The company has Return on Asset (ROA) of (0.0134) % which means that for every 100 dollars spent on asset, it generated a loss of $0.0134. This is way below average. Likewise, it shows a return on total equity (ROE) of 0.0627 %, which means that it produced $0.0627 on every 100 dollars invested by current stockholders. Associated Capital's management efficiency ratios could be used to measure how well Associated Capital manages its routine affairs as well as how well it operates its assets and liabilities. At present, Associated Capital's Return On Assets are projected to slightly decrease based on the last few years of reporting. The current year's Return On Equity is expected to grow to 0.05, whereas Return On Capital Employed is forecasted to decline to (0.02). At present, Associated Capital's Non Currrent Assets Other are projected to increase significantly based on the last few years of reporting. The current year's Other Assets is expected to grow to about 741.8 M, whereas Total Assets are forecasted to decline to about 1 B.
Associated Capital Group reports 6.5 M of total liabilities with total debt to equity ratio (D/E) of 0.11, which may suggest the company is not taking enough advantage from financial leverage. Associated Capital has a current ratio of 20.52, indicating that it is in good position to pay out its debt commitments in time. Note however, debt could still be an excellent tool for Associated to invest in growth at high rates of return.

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Associated Capital Group, Inc. provides investment advisory services in the United States. The company was founded in 1976 and is headquartered in Greenwich, Connecticut. Associated Capital operates under Capital Markets classification in the United States and is traded on New York Stock Exchange. It employs 25 people. Associated Capital Group (AC) is traded on New York Stock Exchange in USA. It is located in 191 Mason Street, Greenwich, CT, United States, 06830 and employs 19 people. Associated Capital is listed under Asset Management & Custody Banks category by Fama And French industry classification.

Management Performance

Associated Capital Leadership Team

Elected by the shareholders, the Associated Capital's board of directors comprises two types of representatives: Associated Capital inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Associated. The board's role is to monitor Associated Capital's management team and ensure that shareholders' interests are well served. Associated Capital's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Associated Capital's outside directors are responsible for providing unbiased perspectives on the board's policies.
Frederic Salerno, Independent Director
David Goldman, General Counsel, Director of Corporate Development of Associated Capital Group
Mario CFA, Director, Chairman of GAMCO, CEO of GAMCO and Chief Investment Officer ? Value Portfolios of GAMCO
CFA CFA, Ex Chairman
Mario Gabelli, Executive Chairman of the Board
Timothy Schott, Chief Financial Officer, Executive Vice President - Finance
Bruce Lisman, Independent Director
CFA CPA, Interim Officer
Elisa Wilson, Director
Marc Gabelli, Executive Director
Kevin Handwerker, Executive Vice President General Counsel, Secretary
Ian McAdams, Interim Officer
Peter Goldstein, Executive Vice President, Secretary, Chief Legal Officer
Agnes Mullady, Ex VP
Daniel Lee, Independent Director
Salvatore Sodano, Vice Chairman of the Board, Independent Director
Peter Esq, Chief VP
Douglas Jamieson, President, Chief Executive Officer, Director
Kenneth Masiello, Chief Accounting Officer

Associated Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Associated Capital a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Associated Capital Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Associated Capital. If investors know Associated will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Associated Capital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.07)
Dividend Share
0.1
Earnings Share
2.62
Revenue Per Share
0.637
Quarterly Revenue Growth
0.098
The market value of Associated Capital is measured differently than its book value, which is the value of Associated that is recorded on the company's balance sheet. Investors also form their own opinion of Associated Capital's value that differs from its market value or its book value, called intrinsic value, which is Associated Capital's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Associated Capital's market value can be influenced by many factors that don't directly affect Associated Capital's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Associated Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Associated Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Associated Capital's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.