Virtus Investment Partners, Inc. (VRTS)

Market Cap	1.55B
Revenue (ttm)	888.04M
Net Income (ttm)	119.29M
Shares Out	7.02M
EPS (ttm)	16.44
PE Ratio	13.44
Forward PE	7.45
Dividend	$9.00 (4.07%)
Ex-Dividend Date	Oct 31, 2024

Volume	60,420
Open	214.68
Previous Close	217.88
Day's Range	214.68 - 223.68
52-Week Range	190.42 - 263.39
Beta	1.46
Analysts	Hold
Price Target	247.00 (+11.77%)
Earnings Date	Jan 31, 2025

About 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...

• Industry: Asset Management
• Sector: Financials
• IPO Date: Mar 12, 1992
• Employees: 824
• Stock Exchange: NYSE
• Ticker Symbol: VRTS
• Website: https://www.virtus.com

Financial Performance

In 2023, VRTS's revenue was $845.27 million, a decrease of -4.64% compared to the previous year's $886.38 million. Earnings were $130.62 million, an increase of 11.13%.

Analyst Forecast

According to 4 analysts, the average rating for VRTS stock is "Hold." The 12-month stock price forecast is $247.0, which is an increase of 11.77% from the latest price.

Price Target

$247.0

(11.77% upside)

Analyst Consensus: Hold