NASDAQ:VCTR - Victory Capital Stock Price, Price Target & More

Victory Capital trades on the NASDAQ under the ticker symbol "VCTR."

Victory Capital declared that its Board of Directors has initiated a stock repurchase plan on Tuesday, May 22nd 2018, which permits the company to buyback $15,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase up to 2.1% of its stock through open market purchases. Stock buyback plans are often an indication that the company's board believes its shares are undervalued.

Victory Capital Holdings Inc (NASDAQ:VCTR) posted its quarterly earnings data on Tuesday, May, 8th. The company reported $0.40 EPS for the quarter, hitting the consensus estimate of $0.40. The firm had revenue of $104.96 million for the quarter, compared to analyst estimates of $105.24 million. View Victory Capital's Earnings History.

9 analysts have issued 12-month price targets for Victory Capital's stock. Their forecasts range from $11.00 to $17.00. On average, they anticipate Victory Capital's share price to reach $14.6250 in the next twelve months. This suggests a possible upside of 43.0% from the stock's current price. View Analyst Ratings for Victory Capital.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Victory Capital in the last year. There are currently 3 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Some companies that are related to Victory Capital include Legg Mason (LM), Noah (NOAH), Hamilton Lane (HLNE), The Carlyle Group (CG), Artisan Partners Asset Management (APAM), Federated Investors (FII), Ares Management LP Unit (ARES), Cohen & Steers (CNS), PJT Partners (PJT), Och-Ziff Capital Management Group (OZM), Virtus Investment Partners (VRTS), Diamond Hill Investment Group (DHIL), Pzena Investment Management (PZN), Triangle Capital (TCAP) and Westwood Holdings Group (WHG).

(VCTR) raised $211 million in an IPO on Thursday, February 8th 2018. The company issued 11,700,000 shares at $17.00-$19.00 per share. J.P. Morgan, BofA Merrill Lynch, Morgan Stanley, Barclays, Goldman Sachs and RBC Capital Markets served as the underwriters for the IPO and Keefe, Bruyette & Woods (A Stifel Company) and William Blair were co-managers.

Victory Capital's lock-up period expires on Tuesday, August 7th. Victory Capital had issued 11,700,000 shares in its public offering on February 8th. The total size of the offering was $152,100,000 based on an initial share price of $13.00. After the end of the company's lock-up period, company insiders and major shareholders will be able to sell their shares of the company.

News headlines about VCTR stock have been trending somewhat positive on Thursday, Accern Sentiment reports. Accern ranks the sentiment of media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Victory Capital earned a media sentiment score of 0.13 on Accern's scale. They also gave headlines about the company an impact score of 45.84 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.

Shares of VCTR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of VCTR stock can currently be purchased for approximately $10.23.

Victory Capital has a market capitalization of $714.83 million and generates $409.63 million in revenue each year. The company earns $25.82 million in net income (profit) each year or $1.25 on an earnings per share basis. Victory Capital employs 267 workers across the globe.

Victory Capital's mailing address is 4900 TIEDEMAN ROAD 4TH FLOOR, BROOKLYN OH, 44144. The company can be reached via phone at 216-898-2400 or via email at [email protected]