Virtus Investment Partners, Inc. (VRTS)

Market Cap	1.64B
Revenue (ttm)	845.27M
Net Income (ttm)	130.62M
Shares Out	7.13M
EPS (ttm)	17.71
PE Ratio	13.03
Forward PE	8.43
Dividend	$7.60 (3.29%)
Ex-Dividend Date	Apr 29, 2024

Volume	36,807
Open	230.52
Previous Close	234.70
Day's Range	226.44 - 231.62
52-Week Range	165.00 - 263.39
Beta	1.47
Analysts	Hold
Price Target	249.50 (+8.13%)
Earnings Date	Apr 26, 2024

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

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 3 analysts, the average rating for VRTS stock is "Hold." The 12-month stock price forecast is $249.5, which is an increase of 8.13% from the latest price.

Price Target

$249.5

(8.13% upside)

Analyst Consensus: Hold