Virtus Investment Partners, Inc. (VRTS)

NASDAQ: VRTS · IEX Real-Time Price · USD
184.35
3.06 (1.69%)
May 25, 2022 4:00 PM EDT - Market closed
Market Cap1.38B
Revenue (ttm)1.01B
Net Income (ttm)204.60M
Shares Out7.47M
EPS (ttm)25.75
PE Ratio7.16
Forward PEn/a
Dividend$5.32 (2.89%)
Ex-Dividend DateJul 28, 2022
Volume44,585
Open181.52
Previous Close181.29
Day's Range178.80 - 186.60
52-Week Range161.31 - 338.80
Beta1.64
AnalystsSell
Price Target269.28 (+46.1%)
Earnings DateApr 29, 2022

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...

IndustryCapital Markets
IPO DateMar 12, 1992
Employees668
Stock ExchangeNASDAQ
Ticker SymbolVRTS
Full Company Profile

Financial Performance

In 2021, VRTS's revenue was $979.23 million, an increase of 62.15% compared to the previous year's $603.90 million. Earnings were $208.13 million, an increase of 160.30%.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for VRTS stock is "Sell." The 12-month stock price forecast is 269.28, which is an increase of 46.07% from the latest price.

Price Target
$269.28
(46.07% upside)
Analyst Consensus: Sell
Stock Forecasts

News

Virtus Investment (VRTS) Stock Rises on Expanded Buyback Plan

Virtus Investment's (VRTS) expanded buyback program for additional 750,000 shares has likely been looked upon favorably by investors.

5 days ago - Zacks Investment Research

Virtus Investment Partners Declares Quarterly Cash Dividend on Common Stock, Increases Share Repurchase Authorization

HARTFORD, Conn. , May 19, 2022 /PRNewswire/ -- Virtus Investment Partners, Inc. (NASDAQ: VRTS), which operates a multi-boutique asset management business, today announced that its Board of Directors has...

1 week ago - PRNewsWire

Virtus AllianzGI Artificial Intelligence & Technology Opportunities Fund Discloses Sources of Distribution - Section ...

HARTFORD, Conn. , May 16, 2022 /PRNewswire/ -- Virtus AllianzGI Artificial Intelligence & Technology Opportunities Fund (NYSE: AIO) previously announced the following monthly distribution on March 7, 20...

1 week ago - PRNewsWire

Virtus AllianzGI Diversified Income & Convertible Fund Discloses Sources of Distribution - Section 19(a) Notice

HARTFORD, Conn. , May 16, 2022 /PRNewswire/ -- Virtus AllianzGI Diversified Income & Convertible Fund (NYSE: ACV) previously announced the following monthly distribution on March 7, 2022:   Amount of Di...

1 week ago - PRNewsWire

Virtus Investment's (VRTS) April AUM Down 6.7% Sequentially

Virtus Investment (VRTS) records a 6.7% sequential decrease in its preliminary AUM balance of $170.9 for April 2022 due to unfavorable market returns.

2 weeks ago - Zacks Investment Research

Virtus Investment Partners Reports Preliminary April 30, 2022 Assets Under Management

HARTFORD, Conn., May 10, 2022 /PRNewswire/ -- Virtus Investment Partners, Inc. (NASDAQ: VRTS) today reported preliminary assets under management of $170.9 billion as of April 30, 2022.

2 weeks ago - PRNewsWire

Virtus Total Return Fund Inc. Discloses Sources of Distribution - Section 19(a) Notice

HARTFORD, Conn. , May 3, 2022 /PRNewswire/ --  Virtus Total Return Fund Inc. (NYSE: ZTR) previously announced the following monthly distribution on March 3, 2022: Amount of Distribution Ex-Date Record D...

3 weeks ago - PRNewsWire

Virtus Investment Partners (VRTS) Misses Q1 Earnings and Revenue Estimates

Virtus (VRTS) delivered earnings and revenue surprises of -0.51% and 1.40%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

3 weeks ago - Zacks Investment Research

Virtus Investment Partners Announces Financial Results for First Quarter 2022

Earnings Per Share - Diluted of $4.22; Earnings Per Share - Diluted, as Adjusted, of $7.87 Total Sales of $9.4B; Net Flows of ($2.0B); Assets Under Management of $183.3B  HARTFORD, Conn. , April 29, 202...

3 weeks ago - PRNewsWire

Virtus Investment Partners (VRTS) Earnings Expected to Grow: Should You Buy?

Virtus (VRTS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 month ago - Zacks Investment Research

Virtus Investment Partners to Announce First Quarter 2022 Results on Friday, April 29

Conference Call at 10:00 a.m. Eastern HARTFORD, Conn.

1 month ago - PRNewsWire

Virtus Investment Partners Reports Preliminary March 31, 2022 Assets Under Management

HARTFORD, Conn. , April 11, 2022 /PRNewswire/ -- Virtus Investment Partners, Inc. (NASDAQ: VRTS) today reported preliminary assets under management of $183.3 billion as of March 31, 2022.

1 month ago - PRNewsWire

Stone Harbor Emerging Markets Income Fund to Remove Managed Distribution Plan, Declares Monthly Distribution of $0.06...

NEW YORK , April 8, 2022 /PRNewswire/ -- Stone Harbor Emerging Markets Income Fund (NYSE: EDF), a closed-end fund, today announced that it will remove its managed distribution plan, effective with the M...

1 month ago - PRNewsWire

Stone Harbor Emerging Markets Total Income Fund to Remove Managed Distribution Plan, Declares Monthly Distribution of...

NEW YORK , April 8, 2022 /PRNewswire/ -- Stone Harbor Emerging Markets Total Income Fund (NYSE: EDI), a closed-end fund, today announced that it will remove its managed distribution plan, effective with...

1 month ago - PRNewsWire

Virtus Investment's (VRTS) February AUM Down 2.8% Sequentially

Virtus Investment's (VRTS) preliminary AUM for month-end February 2022 of $183.7 billion is down 2.8% from the previous month. The decline is mainly due to unfavorable market returns.

2 months ago - Zacks Investment Research

Virtus Investment Partners Reports Preliminary February 28, 2022 Assets Under Management

HARTFORD, Conn., March 9, 2022 /PRNewswire/ -- Virtus Investment Partners, Inc. (NASDAQ: VRTS) today reported preliminary assets under management (AUM) of $183.7 billion as of February 28, 2022.

2 months ago - PRNewsWire

Virtus AllianzGI Equity & Convertible Income Fund Declares Distribution and Discloses Sources of Distribution - Secti...

HARTFORD, Conn., March 7, 2022 /PRNewswire/ -- Virtus AllianzGI Equity & Convertible Income Fund (NYSE: NIE), today announced the following quarterly distribution: Ticker Amount of Distribution Ex-Date ...

2 months ago - PRNewsWire

Virtus AllianzGI Diversified Income & Convertible Fund Declares Distributions and Discloses Sources of Distribution -...

HARTFORD, Conn., March 7, 2022 /PRNewswire/ -- Virtus AllianzGI Diversified Income & Convertible Fund (NYSE: ACV) today announced the following monthly distributions: Amount of Distribution          Ex-...

2 months ago - PRNewsWire

Virtus AllianzGI Artificial Intelligence & Technology Opportunities Fund Declares Distribution and Discloses Sources ...

HARTFORD, Conn., March 7, 2022 /PRNewswire/ -- Virtus AllianzGI Artificial Intelligence & Technology Opportunities Fund (NYSE: AIO) today announced the following monthly distributions:   Amount of Distr...

2 months ago - PRNewsWire

Virtus Dividend, Interest & Premium Strategy Fund Declares Distribution and Discloses Sources of Distribution -- Sect...

HARTFORD, Conn., March 7, 2022 /PRNewswire/ -- Virtus Dividend, Interest & Premium Strategy Fund (NYSE: NFJ), today announced the following quarterly distribution: Ticker Amount of Distribution Ex-Date ...

2 months ago - PRNewsWire

Virtus Total Return Fund Inc. Declares Distribution and Discloses Sources of Distribution - Section 19(a) Notice

HARTFORD, Conn., March 3, 2022 /PRNewswire/ -- Virtus Total Return Fund Inc. (NYSE: ZTR) today announced the following monthly distributions: Amount of Distribution Ex-Date Record Date Payable Date $0.0...

2 months ago - PRNewsWire

Virtus Global Multi-Sector Income Fund Declares Distributions

HARTFORD, Conn., March 3, 2022 /PRNewswire/ -- Virtus Global Multi-Sector Income Fund (NYSE: VGI) today announced the following monthly distributions: Amount of Distribution Ex-Date Record Date Payable ...

2 months ago - PRNewsWire

VIRTUS ALLIANZGI CONVERTIBLE & INCOME FUND DECLARES QUARTERLY DISTRIBUTION: 5.625% SERIES A CUMULATIVE PREFERRED SHARES

HARTFORD, Conn. , March 1, 2022 /PRNewswire/ -- Virtus AllianzGI Convertible & Income Fund (NYSE: NCV), announced today that it has declared a $0.3515625 per share cash distribution payable on March 31,...

2 months ago - PRNewsWire

Virtus Investment Partners Declares Quarterly Cash Dividend on Common Stock

HARTFORD, Conn., Feb. 24, 2022 /PRNewswire/ -- Virtus Investment Partners, Inc.  (NASDAQ: VRTS), which operates a multi-boutique asset management business, today announced that its Board of Directors ha...

3 months ago - PRNewsWire

Virtus Investment Partners Reports Preliminary January 31, 2022 Assets Under Management

HARTFORD, Conn., Feb. 9, 2022 /PRNewswire/ -- Virtus Investment Partners, Inc. (NASDAQ: VRTS) today reported preliminary assets under management (AUM) of $188.9 billion as of January 31, 2022.

3 months ago - PRNewsWire