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NASDAQ:VRTS

Virtus Investment Partners (VRTS) Stock Price, News & Analysis

$197.04
-4.86 (-2.41%)
(As of 09/6/2024 ET)
Today's Range
$196.78
$202.12
50-Day Range
$192.36
$244.86
52-Week Range
$168.78
$263.39
Volume
23,515 shs
Average Volume
47,099 shs
Market Capitalization
$1.40 billion
P/E Ratio
11.87
Dividend Yield
4.57%
Price Target
$231.25

Virtus Investment Partners MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.75 Rating Score
Upside/​Downside
17.4% Upside
$231.25 Price Target
Short Interest
N/A
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.40
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
8.68%
From $25.80 to $28.04 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.13 out of 5 stars

Finance Sector

612th out of 871 stocks

Investment Advice Industry

39th out of 51 stocks

VRTS stock logo

About Virtus Investment Partners Stock (NASDAQ:VRTS)

Virtus Investment Partners, Inc. is a publicly owned investment manager. The firm primarily provides its services to individual and institutional clients. It launches separate client focused equity and fixed income portfolios. The firm launches equity, fixed income, and balanced mutual funds for its clients. It invests in the public equity, fixed income, and real estate markets. The firm also invests in exchange traded funds. It employs a multi manager approach for its products. The firm employs quantitative analysis to make its investments. It benchmarks the performance of its portfolios against the S&P 500 Index. The firm conducts in-house research to make its investments. Virtus Investment Partners, Inc. was founded in 1988 and is based in Hartford, Connecticut.

VRTS Stock Price History

VRTS Stock News Headlines

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Biden’s Capital Gains Tax to Devastate Savings!
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See More Headlines
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Company Calendar

Last Earnings
7/26/2024
Ex-Dividend for 8/15 Dividend
7/31/2024
Dividend Payable
8/15/2024
Today
9/07/2024
Next Earnings (Estimated)
10/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Investment advice
Sub-Industry
Asset Management & Custody Banks
Current Symbol
NASDAQ:VRTS
CUSIP
92828Q10
Employees
770
Year Founded
2008

Price Target and Rating

Average Stock Price Target
$231.25
High Stock Price Target
$264.00
Low Stock Price Target
$206.00
Potential Upside/Downside
+17.4%
Consensus Rating
Reduce
Rating Score (0-4)
1.75
Research Coverage
4 Analysts

Profitability

Net Income
$130.62 million
Pretax Margin
21.20%

Debt

Sales & Book Value

Annual Sales
$876.58 million
Cash Flow
$31.68 per share
Book Value
$123.14 per share

Miscellaneous

Free Float
6,693,000
Market Cap
$1.40 billion
Optionable
Not Optionable
Beta
1.46

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Key Executives


VRTS Stock Analysis - Frequently Asked Questions

How have VRTS shares performed this year?

Virtus Investment Partners' stock was trading at $241.76 on January 1st, 2024. Since then, VRTS shares have decreased by 18.5% and is now trading at $197.04.
View the best growth stocks for 2024 here
.

How were Virtus Investment Partners' earnings last quarter?

Virtus Investment Partners, Inc. (NASDAQ:VRTS) announced its quarterly earnings results on Friday, July, 26th. The closed-end fund reported $6.53 earnings per share for the quarter, missing analysts' consensus estimates of $6.61 by $0.08. The closed-end fund had revenue of $203.02 million for the quarter, compared to the consensus estimate of $204.71 million. Virtus Investment Partners had a trailing twelve-month return on equity of 20.35% and a net margin of 12.41%.

What is George R. Aylward's approval rating as Virtus Investment Partners' CEO?

8 employees have rated Virtus Investment Partners Chief Executive Officer George R. Aylward on Glassdoor.com. George R. Aylward has an approval rating of 62% among the company's employees. This puts George R. Aylward in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Does Virtus Investment Partners have any subsidiaries?

Virtus Investment Partners subsidiaries include these companies: Sustainable Growth Advisers LP, RidgeWorth Investments, Ceredex Value Advisors LLC, Duff & Phelps Investment Management Co., ETF Distributors LLC, ETFis Holdings LLC, Kayne Anderson Rudnick Investment Management LLC, and more.

Who are Virtus Investment Partners' major shareholders?

Virtus Investment Partners' top institutional shareholders include Dimensional Fund Advisors LP (4.60%), Vulcan Value Partners LLC (1.81%), Victory Capital Management Inc. (1.37%) and Bank of New York Mellon Corp (1.36%). Insiders that own company stock include Barry M Mandinach and William Patrick Bradley III.
View institutional ownership trends
.

How do I buy shares of Virtus Investment Partners?

Shares of VRTS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Virtus Investment Partners own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Virtus Investment Partners investors own include Home Depot (HD), CVS Health (CVS), Verizon Communications (VZ), Johnson & Johnson (JNJ), Cisco Systems (CSCO), Walt Disney (DIS) and

This page (NASDAQ:VRTS) was last updated on 9/7/2024 by MarketBeat.com Staff

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