Virtus Investment Partners, Inc. (VRTS)
Stock Price:
$185.12 USD
2.52 (1.38%)
Updated November 27, 1:00 PM EST - Market closed
Key Info
| Market Cap |
1.41B |
| Revenue (ttm) |
578.33M |
| Net Income (ttm) |
57.45M |
| Shares Out |
7.61M |
| EPS (ttm) |
7.48 |
| PE Ratio |
24.75 |
| Forward PE |
n/a |
| Dividend |
$3.28 |
| Dividend Yield |
1.77% |
Stock Quote
| Trading Day |
November 27 |
| Last Price |
$185.12 |
| Previous Close |
$182.60 |
| Change ($) |
2.52 |
| Change (%) |
1.38% |
| Day's Open |
182.61 |
| Day's Range |
180.74 - 186.04 |
| Day's Volume |
23,984 |
| 52-Week Range |
55.37 - 194.89 |
More Stats
| Market Cap |
1.41B |
| Enterprise Value |
3.56B |
| Earnings Date (est) |
Jan 29, 2021 |
| Ex-Dividend Date |
Oct 29, 2020 |
| Shares Outstanding |
7.61M |
| Float |
7.19M |
| EPS (basic) |
7.77 |
| EPS (diluted) |
7.48 |
| FCF / Share |
-41.04 |
| Dividend |
$3.28 |
| Dividend Yield |
1.77% |
| Earnings Yield |
4.04% |
| FCF Yield |
n/a |
| Payout Ratio |
34.50% |
| Shares Short |
120,020 |
| Short Ratio |
1.52 |
| Short % of Float |
1.67% |
| Beta |
1.56 |
| PE Ratio |
24.75 |
| Forward PE |
n/a |
| P/FCF Ratio |
n/a |
| PS Ratio |
2.44 |
| PB Ratio |
2.04 |
| Revenue |
578.33M |
| Operating Income |
130.03M |
| Net Income |
57.45M |
| Free Cash Flow |
-315.36M |
| Net Cash |
-2.15B |
| Net Cash / Share |
-282.74 |
| Gross Margin |
41.61% |
| Operating Margin |
22.48% |
| Profit Margin |
9.90% |
| FCF Margin |
-54.53% |
| ROA |
2.53% |
| ROE |
11.30% |
| ROIC |
4.30% |
Stats based on trailing-twelve-month (ttm) numbers.
Analyst Forecasts
Analyst Ratings (4)
| Buy |
3 |
| Overweight |
0 |
| Hold |
1 |
| Underweight |
0 |
| Sell |
0 |
Price Target
$224.25*
(21.14% upside)
Low
190
Current: $185.12
High
267
Target: 224.25
*Average 12-month price target from 4 stock analysts.
Financial Performance
Financial numbers in millions USD.
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|
| Revenue | 563 | 552 | 426 | 323 | 382 | 451 | 389 | 280 | 205 | 145 |
| Revenue Growth | 1.99% | 29.75% | 31.95% | -15.56% | -15.23% | 15.77% | 38.96% | 36.86% | 41.57% | - |
| Gross Profit | 563 | 552 | 426 | 323 | 382 | 451 | 389 | 280 | 205 | 145 |
| Operating Income | 125 | 113 | 58.04 | 50.81 | 80.38 | 131 | 114 | 60.45 | 13.90 | 9.27 |
| Net Income | 95.65 | 75.53 | 37.01 | 48.50 | 35.11 | 97.70 | 75.19 | 37.67 | 145 | 9.64 |
| Shares Outstanding | 6.96 | 7.17 | 7.01 | 7.65 | 8.80 | 9.09 | 8.19 | 7.73 | 6.21 | 6.01 |
| Earnings Per Share | 11.74 | 8.86 | 3.96 | 6.20 | 3.92 | 10.51 | 8.92 | 4.66 | 16.34 | 0.81 |
| EPS Growth | 32.51% | 123.74% | -36.13% | 58.16% | -62.7% | 17.83% | 91.42% | -71.48% | 1917.28% | - |
| Dividend Per Share | 2.32 | 1.90 | 1.80 | 1.80 | 1.80 | 0.90 | - | - | - | - |
| Dividend Growth | 22.11% | 5.56% | 0% | 0% | 100% | - | - | - | - | - |
| Operating Cash Flow | -36.72 | -62.56 | -183 | 20.92 | -209 | -58.87 | 28.84 | 39.82 | 23.65 | 22.14 |
| Capital Expenditures | -7.56 | -11.72 | -1.51 | -2.02 | -4.68 | -2.43 | -2.01 | -3.78 | -0.74 | -0.32 |
| Free Cash Flow | -44.28 | -74.27 | -184 | 18.90 | -214 | -61.30 | 26.83 | 36.04 | 22.91 | 21.82 |
| Cash & Equivalents | 322 | 255 | 234 | 83.67 | 87.57 | 203 | 271 | 122 | 60.26 | 54.22 |
| Total Debt | 2,112 | 1,949 | 1,706 | 359 | 153 | - | - | 15.00 | 21.35 | 21.78 |
| Net Cash / Debt | -1,790 | -1,695 | -1,471 | -275 | -65.02 | 203 | 271 | 107 | 38.91 | 32.45 |
| Assets | 3,205 | 2,871 | 2,591 | 824 | 860 | 699 | 645 | 333 | 286 | 149 |
| Liabilities | 2,455 | 2,169 | 1,981 | 465 | 276 | 112 | 110 | 85.12 | 68.01 | 64.72 |
| Book Value | 676 | 630 | 589 | 322 | 510 | 564 | 493 | 244 | 183 | 48.27 |
Numbers in millions USD, except per-share numbers.
Company Details
| Full Name |
Virtus Investment Partners, Inc. |
| Country |
United States |
| Employees |
578 |
| CEO |
George Robert Aylward |
Stock Information
| Ticker Symbol |
VRTS |
| Stock Exchange |
NASDAQ |
| Sector |
Financial Services |
| Industry |
Asset Management |
| Unique Identifier |
NASDAQ: VRTS |
| IPO Date |
March 12, 1992 |
Description
Virtus Investment Partners 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.