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NASDAQ:VRTS

Virtus Investment Partners Stock Forecast, Price & News

$177.56
+8.56 (+5.07 %)
(As of 10/23/2020 12:00 AM ET)
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Today's Range
$170.43
Now: $177.56
$179.57
50-Day Range
$130.92
MA: $144.87
$169.00
52-Week Range
$55.37
Now: $177.56
$179.57
Volume62,600 shs
Average Volume62,541 shs
Market Capitalization$1.36 billion
P/E Ratio26.78
Dividend Yield1.51%
Beta1.66
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.
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Virtus Investment Partners logo

Beat the Market (BTM) Rank

Analyst Opinion: 1.4Community Rank: 2.0Dividend Strength: 2.5Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.75 out of 5 stars

Industry, Sector and Symbol

Industry Investment advice
Sub-IndustryAsset Management & Custody Banks
SectorFinance
Current SymbolNASDAQ:VRTS
CUSIP92828Q10
Phone800-248-7971
Employees578

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$563.25 million
Cash Flow$26.54 per share
Book Value$83.66 per share

Profitability

Net Income$95.65 million

Miscellaneous

Market Cap$1.36 billion
Next Earnings Date1/29/2021 (Estimated)
OptionableNot Optionable
$177.56
+8.56 (+5.07 %)
(As of 10/23/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Virtus Investment Partners (NASDAQ:VRTS) Frequently Asked Questions

How has Virtus Investment Partners' stock price been impacted by COVID-19 (Coronavirus)?

Virtus Investment Partners' stock was trading at $92.66 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, VRTS shares have increased by 91.6% and is now trading at $177.56.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Virtus Investment Partners?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Virtus Investment Partners in the last year. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Virtus Investment Partners
.

When is Virtus Investment Partners' next earnings date?

Virtus Investment Partners is scheduled to release its next quarterly earnings announcement on Friday, January 29th 2021.
View our earnings forecast for Virtus Investment Partners
.

How were Virtus Investment Partners' earnings last quarter?

Virtus Investment Partners, Inc. (NASDAQ:VRTS) posted its earnings results on Friday, October, 23rd. The closed-end fund reported $4.49 earnings per share for the quarter, beating analysts' consensus estimates of $4.42 by $0.07. Virtus Investment Partners had a return on equity of 20.04% and a net margin of 9.48%.
View Virtus Investment Partners' earnings history
.

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, August 20th. Shareholders of record on Friday, October 30th will be given a dividend of $0.82 per share on Friday, November 13th. This represents a $3.28 annualized dividend and a yield of 1.85%. The ex-dividend date is Thursday, October 29th. This is a boost from Virtus Investment Partners's previous quarterly dividend of $0.67.
View Virtus Investment Partners' dividend history
.

What price target have analysts set for VRTS?

4 brokers have issued 1 year price targets for Virtus Investment Partners' stock. Their forecasts range from $154.00 to $200.00. On average, they anticipate Virtus Investment Partners' stock price to reach $172.75 in the next year. This suggests that the stock has a possible downside of 2.7%.
View analysts' price targets for Virtus Investment Partners
.

Are investors shorting Virtus Investment Partners?

Virtus Investment Partners saw a increase in short interest in September. As of September 30th, there was short interest totaling 118,300 shares, an increase of 20.8% from the September 15th total of 97,900 shares. Based on an average daily volume of 44,500 shares, the days-to-cover ratio is presently 2.7 days.
View Virtus Investment Partners' Short Interest
.

Who are some of Virtus Investment Partners' key competitors?

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), The Walt Disney (DIS), Honeywell International (HON), Bristol-Myers Squibb (BMY), AT&T (T) and Visa (V).

Who are Virtus Investment Partners' key executives?

Virtus Investment Partners' management team includes the following people:
  • Mr. George Robert Aylward Jr., CPA, CPA, Pres, CEO & Director (Age 56, Pay $4.56M)
  • Mr. Michael Aaron Angerthal CPA, CPA, Exec. VP, CFO & Treasurer (Age 53, Pay $2.49M)
  • Ms. Mardelle W. Peña, Exec. VP & Chief HR Officer (Age 67, Pay $894k)
  • Mr. Francis George Waltman, Exec. VP of Product Management (Age 57, Pay $1.63M)
  • Mr. Barry Mitchell Mandinach J.D., Exec. VP & Head of Distribution (Age 64, Pay $1.9M)
  • Mr. Sean Rourke, VP of Investor Relations
  • Ms. Wendy Jacqueline Hills, Exec. VP, Chief Legal Officer, Gen. Counsel & Corp. Sec. (Age 50)
  • Mr. Joe Fazzino, Assistant VP of IR & Corp. Communications
  • Mr. William Patrick Bradley III, Exec. VP of Fund Services (Age 48)
  • Mr. Frederick A. Brimberg, Sr. MD & Sr. Portfolio Mang.

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 many different retail and institutional investors. Top institutional shareholders include State of Alaska Department of Revenue (0.09%), Toth Financial Advisory Corp (0.05%), Louisiana State Employees Retirement System (0.04%), Crossmark Global Holdings Inc. (0.04%), Bowling Portfolio Management LLC (0.03%) and NEXT Financial Group Inc (0.02%).
View institutional ownership trends for Virtus Investment Partners
.

Which major investors are selling Virtus Investment Partners stock?

VRTS stock was sold by a variety of institutional investors in the last quarter, including Bowling Portfolio Management LLC, Crossmark Global Holdings Inc., and State of Alaska Department of Revenue.
View insider buying and selling activity for Virtus Investment Partners
.

Which major investors are buying Virtus Investment Partners stock?

VRTS stock was acquired by a variety of institutional investors in the last quarter, including Toth Financial Advisory Corp, Louisiana State Employees Retirement System, NEXT Financial Group Inc, and Nisa Investment Advisors LLC.
View insider buying and selling activity for Virtus Investment Partners
.

How do I buy shares of Virtus Investment Partners?

Shares of VRTS 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, Robinhood, Fidelity, and Charles Schwab.

What is Virtus Investment Partners' stock price today?

One share of VRTS stock can currently be purchased for approximately $177.56.

How big of a company is Virtus Investment Partners?

Virtus Investment Partners has a market capitalization of $1.36 billion and generates $563.25 million in revenue each year. The closed-end fund earns $95.65 million in net income (profit) each year or $14.80 on an earnings per share basis. Virtus Investment Partners employs 578 workers across the globe.

What is Virtus Investment Partners' official website?

The official website for Virtus Investment Partners is www.virtus.com.

How can I contact Virtus Investment Partners?

Virtus Investment Partners' mailing address is ONE FINANCIAL PLAZA, HARTFORD CT, 06103. The closed-end fund can be reached via phone at 800-248-7971 or via email at [email protected]

This page was last updated on 10/26/2020 by MarketBeat.com Staff

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