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S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
What to Expect from the Markets in a Recession
China July exports rise, with trade surplus at record-high
What's in Democrats' big bill? Climate, health care, savings
Shift in war's front seen as ships cleared to leave Ukraine
pixel
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
Bangladesh seeks China help to repatriate Rohingya refugees
pixel
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
What to Expect from the Markets in a Recession
China July exports rise, with trade surplus at record-high
What's in Democrats' big bill? Climate, health care, savings
Shift in war's front seen as ships cleared to leave Ukraine
pixel
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
Bangladesh seeks China help to repatriate Rohingya refugees
pixel
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
What to Expect from the Markets in a Recession
China July exports rise, with trade surplus at record-high
What's in Democrats' big bill? Climate, health care, savings
Shift in war's front seen as ships cleared to leave Ukraine
pixel
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
Bangladesh seeks China help to repatriate Rohingya refugees
pixel
NASDAQ:VRTS

Virtus Investment Partners - VRTS Stock Forecast, Price & News

$205.11
-2.53 (-1.22%)
(As of 08/5/2022 08:49 PM ET)
Add
Compare
Today's Range
$201.22
$216.88
50-Day Range
$167.49
$207.64
52-Week Range
$161.30
$338.80
Volume
70,700 shs
Average Volume
58,434 shs
Market Capitalization
$1.53 billion
P/E Ratio
10.17
Dividend Yield
2.93%
Price Target
$213.00

Virtus Investment Partners MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
3.8% Upside
$213.00 Price Target
Short Interest
Healthy
1.83% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.49
Upright™ Environmental Score
News Sentiment
-0.67mentions of Virtus Investment Partners in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$29,006 Sold Last Quarter
Proj. Earnings Growth
2.40%
From $27.92 to $28.59 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.83 out of 5 stars

Finance Sector

918th out of 1,176 stocks

Investment Advice Industry

48th out of 54 stocks

VRTS stock logo

About Virtus Investment Partners (NASDAQ:VRTS) Stock

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 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.

Virtus Investment Partners Stock Down 1.2 %

NASDAQ:VRTS traded down $2.53 on Friday, hitting $205.11. The stock had a trading volume of 70,704 shares, compared to its average volume of 54,552. The company's 50-day moving average is $185.58 and its two-hundred day moving average is $208.70. The stock has a market cap of $1.53 billion, a price-to-earnings ratio of 10.17 and a beta of 1.66. Virtus Investment Partners has a one year low of $161.30 and a one year high of $338.80.

Virtus Investment Partners Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, August 15th. Investors of record on Friday, July 29th will be paid a dividend of $1.50 per share. This represents a $6.00 annualized dividend and a yield of 2.93%. The ex-dividend date of this dividend is Thursday, July 28th. Virtus Investment Partners's dividend payout ratio is presently 29.76%.

Analyst Ratings Changes

VRTS has been the subject of several recent analyst reports. StockNews.com cut shares of Virtus Investment Partners from a "buy" rating to a "hold" rating in a research note on Sunday, May 8th. Piper Sandler reduced their target price on shares of Virtus Investment Partners from $289.00 to $268.00 and set an "overweight" rating on the stock in a report on Friday, July 15th. Finally, Morgan Stanley reduced their target price on shares of Virtus Investment Partners from $159.00 to $158.00 and set an "underweight" rating on the stock in a report on Monday, August 1st.

Insider Activity at Virtus Investment Partners

In related news, Director W Howard Morris sold 151 shares of the company's stock in a transaction that occurred on Friday, May 27th. The shares were sold at an average price of $192.09, for a total value of $29,005.59. Following the completion of the sale, the director now owns 738 shares in the company, valued at approximately $141,762.42. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 5.30% of the company's stock.

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VRTS Stock News Headlines

Virtus Investment Partners (NASDAQ:VRTS) PT Lowered to $158.00
Virtus Investment Partners Inc - Stock Quote VRTS
Analyst Ratings for Virtus Investment
Virtus Investment AUM slips 6.7% in April
5 Analysts Have This to Say About Virtus Investment
Virtus Investment Partners Tops Q1 EPS by 3c
Lazard (LAZ) Q1 Earnings and Revenues Top Estimates
Virtus Investment Partners' March AUM remains flat
See More Headlines
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VRTS Company Calendar

Last Earnings
10/27/2021
Ex-Dividend for 5/13 Dividend
4/28/2022
Dividend Payable
5/13/2022
Ex-Dividend for 8/15 Dividend
7/28/2022
Today
8/08/2022
Dividend Payable
8/15/2022
Next Earnings (Estimated)
10/26/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Investment advice
Sub-Industry
Asset Management & Custody Banks
Sector
Finance
Current Symbol
NASDAQ:VRTS
CUSIP
92828Q10
Employees
668
Year Founded
2008

Price Target and Rating

Average Stock Price Forecast
$213.00
High Stock Price Forecast
$268.00
Low Stock Price Forecast
$158.00
Forecasted Upside/Downside
+3.8%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

Net Income
$208.13 million
Pretax Margin
27.55%

Debt

Sales & Book Value

Annual Sales
$979.23 million
Cash Flow
$44.98 per share
Book Value
$110.26 per share

Miscellaneous

Free Float
7,077,000
Market Cap
$1.53 billion
Optionable
Not Optionable
Beta
1.66

Social Links


Key Executives

  • Mr. George Robert Aylward Jr. (Age 58)
    CPA, CPA, Pres, CEO & Director
    Comp: $5.61M
  • Mr. Michael Aaron Angerthal CPA (Age 55)
    CPA, Exec. VP, CFO & Treasurer
    Comp: $2.94M
  • Mr. Richard William Smirl J.D. (Age 55)
    Exec. VP & COO
    Comp: $2.68M
  • Ms. Wendy Jacqueline Hills (Age 52)
    Exec. VP, Chief Legal Officer, Gen. Counsel & Corp. Sec.
    Comp: $1.61M
  • Mr. Barry Mitchell Mandinach J.D. (Age 66)
    Exec. VP & Head of Distribution
    Comp: $2.45M
  • Mr. Sean Rourke
    VP of Investor Relations
  • Mr. Joe Fazzino
    Assistant VP of IR & Corp. Communications
  • Ms. Mardelle W. Peña (Age 69)
    Exec. VP & Chief HR Officer
  • Mr. William Patrick Bradley III (Age 50)
    Exec. VP of Fund Services
  • Mr. Frederick A. Brimberg
    Sr. MD & Sr. Portfolio Mang.













VRTS Stock - Frequently Asked Questions

Should I buy or sell Virtus Investment Partners stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Virtus Investment Partners in the last twelve months. There are currently 1 sell rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" Virtus Investment Partners stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in VRTS, but not buy additional shares or sell existing shares.
View analyst ratings for Virtus Investment Partners
or view top-rated stocks.

What is Virtus Investment Partners' stock price forecast for 2022?

2 equities research analysts have issued 1 year price targets for Virtus Investment Partners' stock. Their VRTS stock forecasts range from $158.00 to $268.00. On average, they expect Virtus Investment Partners' stock price to reach $213.00 in the next twelve months. This suggests a possible upside of 3.8% from the stock's current price.
View analysts' price targets for Virtus Investment Partners
or view top-rated stocks among Wall Street analysts.

How has Virtus Investment Partners' stock performed in 2022?

Virtus Investment Partners' stock was trading at $297.10 at the beginning of 2022. Since then, VRTS shares have decreased by 31.0% and is now trading at $205.11.
View the best growth stocks for 2022 here
.

When is Virtus Investment Partners' next earnings date?

Virtus Investment Partners is scheduled to release its next quarterly earnings announcement on Wednesday, October 26th 2022.
View our earnings forecast for Virtus Investment Partners
.

How were Virtus Investment Partners' earnings last quarter?

Virtus Investment Partners, Inc. (NASDAQ:VRTS) issued its earnings results on Wednesday, October, 27th. The closed-end fund reported $9.71 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $9.61 by $0.10. The closed-end fund earned $217.67 million during the quarter, compared to analysts' expectations of $219.35 million. Virtus Investment Partners had a trailing twelve-month return on equity of 33.05% and a net margin of 15.97%. During the same period in the previous year, the business earned $4.49 EPS.

How often does Virtus Investment Partners pay dividends? What is the dividend yield for Virtus Investment Partners?

Virtus Investment Partners declared a quarterly dividend on Thursday, May 19th. Investors of record on Friday, July 29th will be given a dividend of $1.50 per share on Monday, August 15th. This represents a $6.00 annualized dividend and a dividend yield of 2.93%. The ex-dividend date is Thursday, July 28th.
View Virtus Investment Partners' dividend history
.

Is Virtus Investment Partners a good dividend stock?

Virtus Investment Partners(NASDAQ:VRTS) pays an annual dividend of $6.00 per share and currently has a dividend yield of 2.93%. Virtus Investment Partners has been increasing its dividend for 4 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio of Virtus Investment Partners is 29.76%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Virtus Investment Partners will have a dividend payout ratio of 20.99% next year. This indicates that Virtus Investment Partners will be able to sustain or increase its dividend.
View Virtus Investment Partners' dividend history.

What is George R. Aylward's approval rating as Virtus Investment Partners' CEO?

8 employees have rated Virtus Investment Partners CEO George R. Aylward on Glassdoor.com. George R. Aylward has an approval rating of 62% among Virtus Investment Partners' employees. This puts George R. Aylward in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Virtus Investment Partners own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Virtus Investment Partners investors own include Home Depot (HD), CVS Health (CVS), Verizon Communications (VZ), Johnson & Johnson (JNJ), Cisco Systems (CSCO), Walt Disney (DIS), Honeywell International (HON), Bristol-Myers Squibb (BMY), AT&T (T) and Visa (V).

What is Virtus Investment Partners' stock symbol?

Virtus Investment Partners trades on the NASDAQ under the ticker symbol "VRTS."

Who are Virtus Investment Partners' major shareholders?

Virtus Investment Partners' stock is owned by a number of institutional and retail investors. Top institutional investors include Brown Advisory Inc. (2.09%), Assenagon Asset Management S.A. (0.35%), Truist Financial Corp (0.18%), Gator Capital Management LLC (0.12%), New York State Teachers Retirement System (0.09%) and Yousif Capital Management LLC (0.08%). Company insiders that own Virtus Investment Partners stock include Barry M Mandinach, Francis G Waltman, Stephen T Zarrilli, W Howard Morris and William Patrick Bradley III.
View institutional ownership trends for Virtus Investment Partners
.

How do I buy shares of Virtus Investment Partners?

Shares of VRTS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Virtus Investment Partners' stock price today?

One share of VRTS stock can currently be purchased for approximately $205.11.

How much money does Virtus Investment Partners make?

Virtus Investment Partners (NASDAQ:VRTS) has a market capitalization of $1.53 billion and generates $979.23 million in revenue each year. The closed-end fund earns $208.13 million in net income (profit) each year or $20.16 on an earnings per share basis.

How many employees does Virtus Investment Partners have?

Virtus Investment Partners employs 668 workers across the globe.

Does Virtus Investment Partners have any subsidiaries?

The following companies are subsidiares of Virtus Investment Partners: Ceredex Value Advisors LLC, Duff & Phelps Investment Management Co., ETF Distributors LLC, ETFis Holdings LLC, Kayne Anderson Rudnick Investment Management LLC, Newfleet Asset Management LLC, Rampart Investment Management Company LLC, RidgeWorth Investments, SGIA LLC GP, Seix Investment Advisors LLC, Silvant Capital Management LLC, Sustainable Growth Advisers LP, VP Distributors LLC, Virtus Alternative Investment Advisers Inc., Virtus ETF Advisers LLC, Virtus ETF Solutions LLC, Virtus Fund Advisers LLC, Virtus Fund Services LLC, Virtus Intermediate Holdings LLC, Virtus Investment Advisers Inc., Virtus Investment Partners International Ltd., Virtus Partners Inc., Virtus Retirement Investment Advisers LLC, Virtus Shared Services LLC, and Zweig Advisers LLC.
Read More

When was Virtus Investment Partners founded?

Virtus Investment Partners was founded in 2008.

How can I contact Virtus Investment Partners?

Virtus Investment Partners' mailing address is ONE FINANCIAL PLAZA, HARTFORD CT, 06103. The official website for Virtus Investment Partners is www.virtus.com. The closed-end fund can be reached via phone at (800) 248-7971, via email at investor.relations@virtus.com, or via fax at 860-241-1113.

This page (NASDAQ:VRTS) was last updated on 8/8/2022 by MarketBeat.com Staff

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