Seeking Alpha Review: Is The Premium Plan Worth It?
Seeking Alpha has been around since 2004 and started as a smaller blog. Media outlets like Financial Times, Reuters and Barrons quickly noticed the immense value provided by Seeking Alpha authors, and the site has improved year over year ever since.
I also started using Seeking Alpha many years ago and mainly used their free stock research features. I still consider them one of the best websites for stock research. The free Seeking Alpha features are well-known by most investors, but only the premium functionalities really unfold the full power of Seeking Alpha.
This Seeking Alpha review aims to provide the best possible insights into the Seeking Alpha Premium subscriptions. Let me guide you through all features and benefits from a user’s perspective. Once you have read this review, you know precisely if Seeking Alpha is a good choice.
|🙋 Founder||David Jackson|
|🚀 Features||Fundamental research, news, Quant rankings, visualizations, stock screener|
|✅ Best For||Stock research|
|💰 Plans||Free, Premium ($14.99), Pro ($199.99)|
Transparency: We may get compensated when you click on links in this article.
The following section of the Seeking Alpha review explains all Premium features in detail:
Top Authors to Follow
The top authors to follow feature is new and helps you find the best authors for various investment strategies. It includes categories like “Value and Deep Value,” “Technology, Software and Internet,” “Economy, Macro and Forex,” “Dividend, Income Investing and REITs,” “Growth and GARP,” “Gold, Precious Metals and Minders” and more.
The search result page displays the Seeking Alpha start contributors in the selected category. This feature ensures that you start following the best authors and experts in the chosen field. Seeking Alpha lives from its strong community and the authors. They provide investment ideas and investment strategy insights, and you can follow them.
Dividend payments are often used to define a portfolio investment strategy. Some investors only invest in stocks when the company pays high dividends and are convinced when dividends have a longer-term history with sustainability. The dividend grades feature helps you find the best dividend stocks and makes stock market research as easy as 123.
The dividend grades consist of four different grades
- Dividend safety
- Dividend growth
- Dividend yield
- Dividend consistency
The dividend safety measures how safe the dividend of a stock is, and it is based on 13 underlying financial metrics like earnings and future cash flow. It evaluates how likely it is that dividends will be paid in the future.
The dividend growth grade estimates the potential of growing future dividends. One part of the grade is the dividend history. But other figures like future revenue growth, free cash flow and profits are considered too.
Third, the dividend yield grade compares the dividend attractiveness compared to other companies in the sector. Even if your investment research for specific stock ideas reveals that the grades are good, the chances are that other companies do even better. Thus, the yield grade helps you to discover the best investments.
Finally, there is the dividend consistency grade which measures how consistently the past dividend payments have been.
The Seeking Alpha Premium service portfolio linking feature allows you to connect your brokerage account with your Seeking Alpha account. Click on “link portfolio” to sync your brokerage account by using Plaid. This connection is encrypted and private since your credentials will never be made visible to Seeking Alpha.
The premium portfolio feature is an excellent choice for new investors who want to test the waters of investing without risking real money. Click on “New Portfolio” in the Seeking Alpha portfolio section to give your portfolio a name and add stocks of your choice in the portfolio. You can add multiple portfolios to your Premium account, which is a great feature to test different investment strategies.
The portfolio view reveals various performance figures along with the latest relevant news, articles, transcripts and press releases. In addition, you can modify your portfolio at any time on the Seeking Alpha website.
The premium authors feature allows you to analyze an author profile based on key statistics like the number of articles, comments, likes, and followers. You can also evaluate their stock pick accuracy by checking their coverage charts. There the sentiment of the time when the article was written gets visualized with a tag for:
- Very bullish
- Very Bearish
You can also subscribe to the author’s news feed, follow him on Seeking Alpha, send a message or mute it to stop receiving articles from a specific author.Click Here to Start Your Seeking Alpha Free Trial
The stock research feature is one of the Seeking Alpha core elements. There is much more behind this inconspicuous option than you might think.
You can also discover many alternative investment resources like cryptocurrencies and exchange traded funds. The best way to get started with the stock research feature is to enter a stock symbol at the top. Let’s say you select Tesla with the stock symbol TSLA.
In the upper part of the stock research results page, you see the tabs
And in the row below, you see a sub-navigation with:
- SEC Fillings
- Press Releases
- Related Analysis
- More Headlines
I recommend you browse through all of those tabs once you log in to your dashboard to explore them in detail. For now, I will focus on providing you with a couple of more insights into the stock research overview.
On the right, you see the option to add a custom note. Click on it to make your notes and save them for later reference. Once saved, you see the note in your dashboard and can edit it at any time.
But the summary tab has more to offer. On the right, you see the Rating Summary and Factor Grades. The rating summary provides a quick glance at the opinion of SA authors, Wall Street analysts and the Quant Algo about the selected company.
The Factor Grades provide an instant characterization of each selected stock based on the relevant metrics in the sector. The grade ranges from A+ (best) to F (worst). The historical grades of 3 months ago and 6 months ago are another great indicator.
Of course, the latest analysis and news are also displayed in the summary tab. But let’s scroll down a bit. On the right, the Quant Rankings appear along with insights to their quant rank in the relevant industry, sector and overall.
You can expand the quant ratings by clicking on the highlighted links in blue to see the top lists for the relevant ranking. For example, a click on “Quant ratings beat the market” directs to further insights into the Seeking Alpha quant performance.
Next, there is the People Also Follow section on the right. Here you see stocks that other Seeking Alpha users follow. You can click on the compare button to see how all those companies compare to your chosen one.
I will stop at this point because I think it gets too much in detail about the stock research capabilities. Nevertheless, active investors and retail traders will find this section highly valuable for fundamental stock analysis and research. The section contains many more graphs, comparisons, ownership insights, capital structure analysis, and so much more. It is entirely impossible to cover all of those features in a Seeking Alpha review without letting the review become a book.
But let me at least add some additional insightful pictures:
Seeking Alpha Ratings
The Seeking Alpha rating tab begins with the sub category Quant Rating, followed by SA Authors’ Rating and Wall Street Analysts Rating.
It is a convenient way to visualize the rating history of a company by all supported grades, graphs, tables and comparisons. A cool feature is the quant rating history, where you can see the grade in the relevant period and the performance during the grading period.
Now, I think this Seeking Alpha content feature is huge. Comparison first sounds simple, and most similar stock research platforms simply compare key stats like market cap, industry category and performance. But Seeking Alpha goes the extra mile for the comparisons.
As a Seeking Alpha subscriber, enter a stock symbol or company name to begin the research. Then click on Peers. Now you can start key stats comparisons side-by-side. You can either use the companies selected by Seeking Alpha to compare within the industry or edit the symbol list for the stocks to compare under “Edit Symbols.”
You can then use easy drill downs to compare factors like value, growth rates, and Quant sector rankings. All results are displayed in easy to read tables and graphs. Finally, you can export all results to Excel as PDF, send it via email, create a reference link or print it.
Stock Ratings Screener
The stock rating screener allows you to quickly filter the full stock universe based on proprietary Quant Ratings, SA Authors Rating, the Wall Street analyst ratings and over 80 fundamental figures like EPS, market cap and more. You can export the results as PDF or Excel files.
Furthermore, you can choose various table layouts like the summary tab, dividends details, earnings, performance and more.
The premium articles include specific information about the featured stock. There you see the price at the time of publication of the article, the authors rating history and the performance statistics since the stock was mentioned in the article.
That’s a handy feature to discover your favorite authors to follow since you can see how stock typically acts after the author says something positive, neutral or negative on it.
Thousands of stocks are listed on financial markets, and company financials help us to compare the business results of various companies. Here you can crunch data of income statements, balance sheets and cash flow based on your requirements. You have the data of the past 10 years available, and you can export it to Excel as PDF or print it.
But that’s not all. The financial statements on Seeking Alpha are just one part of the company financials. You can click on the latest SEC filings, visualize and download the latest daily timeframe quotes, research the entire stock split history and list the call and put option details for relevant stock options.
We know all about the importance of earnings reports, earnings estimates, and earnings call transcripts. Seeking Alpha does an exciting job visualizing the consensus, estimates and surprises, downloadable presentation slides and provides unlimited access to earnings call transcripts and audio.
Seeking Alpha comes with three different plans.
The free Basic Plan provides limited access and unlocks features like real-time news updates, investing newsletters, stock analysis email alerts, stock charts, Wall Street analyst ratings, and in-depth analysis tools. Here you can register for the free account.
The Premium subscription is the most popular one and unlocks access to features like the Author ratings and performance, stock quant ratings, dividend grades and all the other incredible features mentioned in this Seeking Alpha review. The Seeking Alpha Premium subscription is available for $29.99 per month, $239.00 per year ($19.99/month) or $540 for three years ($14.99/month). Here you can register for the 14-day free premium trial.
The Pro subscription provides access to all Premium features plus access to the Top Ideas, the PRO content and newsletters, the Short ideas portal, Weekly Digest Idea screener, and the VIP service. The Pro subscription is designed for investors managing significant portfolios and investment professionals. The price per month is $299.99, while the annual subscription comes with $2,400 upfront, which equals $200 per month. Here you can register for the 14-day free PRO trial.
Who is Seeking Alpha Premium Best for?
Seeking Alpha Premium is best for investors and swing traders who care about company financials, extensive ratings, SEC Fillings, peers comparisons, valuations and the proprietary Seeking Alpha Quant Ranking algorithm and access to the premium articles.
Features like the premium portfolio and brokerage account linking make it easy to simulate investment strategies and manage a portfolio from a centralized platform from research to portfolio tracking. The main stock screener benefit is the option to define filters for the Seeking Alpha Quant Rating, SA Authors Rating and Wall Street Analysts Rating besides the country and industry.
The Seeking Alpha Premium 14-day free trial is the best way to get started. The annual subscription reduces the monthly costs to a fair level of $19.99, which is also affordable for investors with a smaller budget. The 3-year plan for monthly costs of $14.99 is primarily for investors who know the platform inside out and want to reduce the monthly costs longer term.
Seeking Alpha Review: Summary
Seeking Alpha Premium provides multiple benefits for subscribers. The key benefits of the stock research website are the extensive amount of data visualized in an easy to understand way, the Quant Ranking Algo and the affordable price for the Premium subscription.
- All in one solution for stock research
- Fair pricing structure
- Regular improvements and new features added
- Limited charting capabilities