Invesco (IVZ) Stock Price, News & Analysis

Company Overview

Invesco Ltd. is a publicly owned investment manager. The firm provides its services to retail clients, institutional clients, high-net worth clients, public entities, corporations, unions, non-profit organizations, endowments, foundations, pension funds, financial institutions, and sovereign wealth funds. It manages separate client-focused equity and fixed income portfolios. The firm also launches equity, fixed income, commodity, multi-asset, and balanced mutual funds for its clients. It launches equity, fixed income, multi-asset, and balanced exchange-traded funds. The firm also launches and manages private funds. It invests in the public equity and fixed income markets across the globe. The firm also invests in alternative markets, such as commodities and currencies. For the equity portion of its portfolio, it invests in growth and value stocks of large-cap, mid-cap, and small-cap companies. For the fixed income portion of its portfolio, the firm invests in convertibles, government bonds, municipal bonds, treasury securities, and cash. It also invests in short term and intermediate term bonds, investment grade and high yield bonds, taxable and tax-free bonds, senior secured loans, and structured securities such as asset-backed securities, mortgage-backed securities, and commercial mortgage-backed securities. The firm employs absolute return, global macro, and long/short strategies. It employs quantitative analysis to make its investments. The firm was formerly known as Invesco Plc, AMVESCAP plc, Amvesco plc, Invesco PLC, Invesco MIM, and H. Lotery & Co. Ltd. Invesco Ltd. was founded in 1935 and is based in Atlanta, Georgia with an additional office in Hamilton, Bermuda.

Key Stats

• Today's Range: $16.64 to $17.49
• 50-Day Range: $16.78 to $18.62
• 52-Week Range: $14.16 to $18.94
• Volume: 8.59 million shs
• Average Volume: 4.12 million shs
• Market Capitalization: $7.79 billion
• P/E Ratio: N/A
• Dividend Yield: 4.73%
• Price Target: $18.88
• Consensus Rating: Hold

Invesco Stock Analysis - MarketRank™

Invesco scored higher than 88% of companies evaluated by MarketBeat, and ranked 99th out of 937 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.0 / 5
• Analyst Rating: Hold

Consensus Rating

Invesco has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 10 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

Invesco has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 12.43%

Earnings Growth

Earnings for Invesco are expected to grow by 12.43% in the coming year, from $1.69 to $1.90 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Invesco is -18.84, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Invesco is -18.84, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Growth Ratio

Invesco has a PEG Ratio of 1.06. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Invesco has a P/B Ratio of 0.69. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.11% of the float of Invesco has been sold short.

Short Interest Ratio / Days to Cover

Invesco has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Invesco has recently decreased by 5.08%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Invesco is a leading dividend payer. It pays a dividend yield of 4.55%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Invesco does not have a long track record of dividend growth.

Dividend Sustainability

Based on earnings estimates, Invesco will have a dividend payout ratio of 43.16% next year. This indicates that Invesco will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 3.1 / 5
• Environmental Score: -0.73

Percentage of Shares Shorted

2.11% of the float of Invesco has been sold short.

Short Interest Ratio / Days to Cover

Invesco has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Invesco has recently decreased by 5.08%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.5 / 5
• News Sentiment: 0.51

News Sentiment

Invesco has a news sentiment score of 0.51. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.79 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 12 news articles for Invesco this week, compared to 8 articles on an average week.

Search Interest

Only 5 people have searched for IVZ on MarketBeat in the last 30 days. This is a decrease of -17% compared to the previous 30 days.

MarketBeat Follows

2 people have added Invesco to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Invesco insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 2.00% of the stock of Invesco is held by insiders.

Percentage Held by Institutions

66.09% of the stock of Invesco is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

IVZ Stock Analysis - Frequently Asked Questions

How have IVZ shares performed this year?

Invesco's stock was trading at $17.84 at the start of the year. Since then, IVZ shares have decreased by 2.9% and is now trading at $17.33.
View the best growth stocks for 2024 here.

How were Invesco's earnings last quarter?

Invesco Ltd. (NYSE:IVZ) posted its quarterly earnings results on Tuesday, October, 22nd. The asset manager reported $0.44 EPS for the quarter, topping the consensus estimate of $0.43 by $0.01. Invesco's revenue was down 20.8% compared to the same quarter last year.
Read the conference call transcript.

Does Invesco have any subsidiaries?

Invesco subsidiaries include Intelliflo.

Who are Invesco's major shareholders?

Top institutional investors of Invesco include Massachusetts Mutual Life Insurance Co. (18.10%), Trian Fund Management L.P. (5.16%), State Street Corp (4.69%) and Geode Capital Management LLC (2.28%). Insiders that own company stock include Mm Asset Management Holding Ll, Trian Fund Management, LP, Invesco Realty, Inc, Terry Vacheron, Mutual Life Insu Massachusetts, Gregory Mcgreevey and Martin L Flanagan.
View institutional ownership trends.

How do I buy shares of Invesco?

Shares of IVZ 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 Invesco own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Invesco investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Intel (INTC), Exxon Mobil (XOM), Tesla (TSLA) and Netflix (NFLX).

Company Calendar

• Last Earnings: 10/22/2024
• Ex-Dividend for 12/3 Dividend: 11/14/2024
• Dividend Payable: 12/03/2024
• Today: 12/20/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Investment advice
• Sub-Industry: Asset Management & Custody Banks
• Current Symbol: NYSE:IVZ
• CUSIP: G491BT10
• CIK: 914208
• Web: www.invesco.com
• Phone: (404) 892-0896
• Fax: 404-439-4911
• Employees: 8,500
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $18.88
• High Stock Price Target: $20.00
• Low Stock Price Target: $17.00
• Potential Upside/Downside: +8.9%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 12 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.92)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 10.25
• P/E Growth: 1.06
• Net Income: $-96,900,000.00
• Net Margins: -3.00%
• Pretax Margin: -4.17%
• Return on Equity: 8.83%
• Return on Assets: 3.54%

Debt

• Debt-to-Equity Ratio: 0.66
• Current Ratio: 4.91
• Quick Ratio: 4.91

Sales & Book Value

• Annual Sales: $5.89 billion
• Price / Sales: 1.32
• Cash Flow: $5.02 per share
• Price / Cash Flow: 3.45
• Book Value: $25.28 per share
• Price / Book: 0.69

Miscellaneous

• Outstanding Shares: 449,440,000
• Free Float: 440,451,000
• Market Cap: $7.79 billion
• Optionable: Optionable
• Beta: 1.43