Virtus Investment Partners Stock Price, News & Analysis (NASDAQ:VRTS)

2 Wall Street equities research 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 equities research analysts is that investors should "hold" VRTS shares. 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 VRTS analyst ratings or view top-rated stocks.

2 analysts have issued twelve-month target prices for Virtus Investment Partners' shares. Their VRTS share price targets range from $170.00 to $260.00. On average, they anticipate the company's stock price to reach $215.00 in the next year. This suggests a possible upside of 9.9% from the stock's current price.
View analysts price targets for VRTS or view top-rated stocks among Wall Street analysts.

Virtus Investment Partners' stock was trading at $191.44 at the start of the year. Since then, VRTS shares have increased by 2.2% and is now trading at $195.63.
View the best growth stocks for 2023 here.

Virtus Investment Partners saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 71,900 shares, an increase of 73.7% from the October 31st total of 41,400 shares. Based on an average daily trading volume, of 39,100 shares, the short-interest ratio is presently 1.8 days. Approximately 1.1% of the company's shares are short sold.
View Virtus Investment Partners' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Friday, February 2nd 2024.
View our VRTS earnings forecast.

Virtus Investment Partners, Inc. (NASDAQ:VRTS) announced its quarterly earnings data on Friday, October, 27th. The closed-end fund reported $6.21 EPS for the quarter, beating the consensus estimate of $6.17 by $0.04. The closed-end fund had revenue of $197.45 million for the quarter, compared to the consensus estimate of $200.68 million. Virtus Investment Partners had a trailing twelve-month return on equity of 18.32% and a net margin of 16.31%.

Virtus Investment Partners declared a quarterly dividend on Wednesday, August 16th. Stockholders of record on Tuesday, October 31st will be given a dividend of $1.90 per share on Wednesday, November 15th. This represents a $7.60 dividend on an annualized basis and a dividend yield of 3.88%. The ex-dividend date of this dividend is Monday, October 30th. This is a positive change from the stock's previous quarterly dividend of $1.65.
Read our dividend analysis for VRTS.

Virtus Investment Partners (NASDAQ:VRTS) pays an annual dividend of $7.60 per share and currently has a dividend yield of 3.91%. The company has been increasing its dividend for 6 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 41.60%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, VRTS will have a dividend payout ratio of 33.63% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for VRTS.

ETFs with the largest weight of Virtus Investment Partners (NASDAQ:VRTS) stock in their portfolio include SPDR S&P Capital Markets ETF (KCE), WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS) and Vident Core U.S. Equity Fund (VUSE).Syntax Stratified SmallCap ETF (SSLY).

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

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), Bristol-Myers Squibb (BMY), AT&T (T) and Visa (V).

Virtus Investment Partners' stock is owned by many different institutional and retail investors. Top institutional investors include FMR LLC (2.91%), Royal Bank of Canada (1.75%), WCM Investment Management LLC (1.56%), Victory Capital Management Inc. (1.49%), Bank of New York Mellon Corp (1.44%) and JPMorgan Chase & Co. (1.39%). Insiders that own company stock include Barry M Mandinach, Stephen T Zarrilli, W Howard Morris and William Patrick Bradley III.
View institutional ownership trends.

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.