NASDAQ:VRTS Virtus Investment Partners Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Virtus Investment Partners Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $134.87 -1.18 (-0.87 %) (As of 09/23/2020 12:00 AM ET) Add Compare Share Today's Range$134.42Now: $134.87▼$139.9250-Day Range$130.92MA: $139.33▼$144.9552-Week Range$55.37Now: $134.87▼$148.24Volume90,075 shsAverage Volume64,062 shsMarket Capitalization$1.03 billionP/E Ratio20.34Dividend Yield1.97%Beta1.7 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media 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.Read More Beat the Market (BTM) Rank™ 2.4 Analyst's Opinion Consensus RatingVirtus Investment Partners has received a consensus rating of Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $167.00, Virtus Investment Partners has a forecasted upside of 23.8% from its current price of $134.87.Amount of Analyst CoverageVirtus Investment Partners has only been the subject of 4 research reports in the past 90 days. Previous Next 2.0 Community Rank Outperform VotesVirtus Investment Partners has received 295 “outperform” votes. (Add your “outperform” vote.)Underperform VotesVirtus Investment Partners has received 448 “underperform” votes. (Add your “underperform” vote.)Community SentimentVirtus Investment Partners has received 60.30% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Virtus Investment Partners and other stocks. Vote “Outperform” if you believe VRTS will outperform the S&P 500 over the long term. Vote “Underperform” if you believe VRTS will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 2.5 Dividend Strength Dividend YieldVirtus Investment Partners pays a meaningful dividend of 1.97%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthVirtus Investment Partners has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Virtus Investment Partners is 18.11%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Virtus Investment Partners will have a dividend payout ratio of 12.74% next year. This indicates that Virtus Investment Partners will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Virtus Investment Partners insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,861,600.00 in company stock.Percentage Held by InsidersOnly 5.20% of the stock of Virtus Investment Partners is held by insiders.Percentage Held by Institutions83.23% of the stock of Virtus Investment Partners is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Virtus Investment Partners are expected to grow by 36.36% in the coming year, from $15.43 to $21.04 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Virtus Investment Partners is 20.34, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 18.04.Price to Earnings Ratio vs. SectorThe P/E ratio of Virtus Investment Partners is 20.34, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 16.65.Price to Earnings Growth RatioVirtus Investment Partners has a PEG Ratio of 1.75. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioVirtus Investment Partners has a P/B Ratio of 1.61. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.4Community Rank: 2.0Dividend Strength: 2.5Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.83 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Investment advice Sub-IndustryAsset Management & Custody Banks SectorFinance Current SymbolNASDAQ:VRTS Previous Symbol CUSIP92828Q10 CIK883237 Webwww.virtus.com Phone800-248-7971Debt Debt-to-Equity Ratio0.35 Current Ratio32.42 Quick Ratio32.42Price-To-Earnings Trailing P/E Ratio20.34 Forward P/E Ratio8.74 P/E Growth1.75 Sales & Book Value Annual Sales$563.25 million Price / Sales1.84 Cash Flow$24.34 per share Price / Cash Flow5.54 Book Value$83.66 per share Price / Book1.61Profitability EPS (Most Recent Fiscal Year)$14.80 Net Income$95.65 million Net Margins9.48% Return on Equity20.04% Return on Assets3.80%Miscellaneous Employees577 Outstanding Shares7,664,000Market Cap$1.03 billion Next Earnings Date10/23/2020 (Estimated) OptionableNot Optionable $134.87 -1.18 (-0.87 %) (As of 09/23/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive VRTS News and Ratings via Email Sign-up to receive the latest news and ratings for VRTS and its competitors with MarketBeat's FREE daily newsletter. Virtus Investment Partners (NASDAQ:VRTS) Frequently Asked Questions How has Virtus Investment Partners' stock been impacted by Coronavirus? Virtus Investment Partners' stock was trading at $92.66 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, VRTS stock has increased by 45.6% and is now trading at $134.87. 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, October 23rd 2020. View our earnings forecast for Virtus Investment Partners. How were Virtus Investment Partners' earnings last quarter? Virtus Investment Partners Inc (NASDAQ:VRTS) announced its quarterly earnings results on Friday, July, 24th. The closed-end fund reported $3.24 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $3.05 by $0.19. The closed-end fund earned $118.08 million during the quarter, compared to analyst estimates of $118.05 million. Virtus Investment Partners had a net margin of 9.48% and a return on equity of 20.04%. 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. Investors of record on Friday, October 30th will be paid a dividend of $0.82 per share on Friday, November 13th. This represents a $3.28 annualized dividend and a dividend yield of 2.43%. 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 analysts have issued 12-month target prices for Virtus Investment Partners' stock. Their forecasts range from $154.00 to $185.00. On average, they expect Virtus Investment Partners' share price to reach $167.00 in the next twelve months. This suggests a possible upside of 23.8% from the stock's current price. View analysts' price targets for Virtus Investment Partners. Who are some of Virtus Investment Partners' key competitors? Some companies that are related to Virtus Investment Partners include BlackRock (BLK), Bank of New York Mellon (BK), T. Rowe Price Group (TROW), State Street (STT), Ameriprise Financial (AMP), Northern Trust (NTRS), Franklin Resources (BEN), SEI Investments (SEIC), Ares Capital (ARCC), Invesco (IVZ), Legg Mason (LM), Eaton Vance (EV), Affiliated Managers Group (AMG), Cohen & Steers (CNS) and Federated Investors (FII). View all 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), Walt Disney (DIS), Honeywell International (HON), AT&T (T), Visa (V) and Bristol-Myers Squibb (BMY). 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 55)Mr. Michael Aaron Angerthal CPA, CPA, Exec. VP, CFO & Treasurer (Age 52)Mr. Francis George Waltman, Exec. VP of Product Management (Age 56)Mr. William Patrick Bradley III, Exec. VP of Fund Services (Age 47)Mr. Barry Mitchell Mandinach J.D., Exec. VP & Head of Distribution (Age 63) 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 retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (10.46%), WCM Investment Management LLC (1.97%), Point72 Asset Management L.P. (1.88%), Bank of America Corp DE (1.66%), Bank of New York Mellon Corp (1.27%) and Schonfeld Strategic Advisors LLC (1.14%). View institutional ownership trends for Virtus Investment Partners. Which institutional investors are selling Virtus Investment Partners stock? VRTS stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Point72 Asset Management L.P., Marshall Wace LLP, Sei Investments Co., ClariVest Asset Management LLC, AQR Capital Management LLC, Bowling Portfolio Management LLC, and Great West Life Assurance Co. Can. View insider buying and selling activity for Virtus Investment Partners. Which institutional investors are buying Virtus Investment Partners stock? VRTS stock was acquired by a variety of institutional investors in the last quarter, including Bank of America Corp DE, Vanguard Group Inc., Charles Schwab Investment Management Inc., Schonfeld Strategic Advisors LLC, Nuveen Asset Management LLC, Prudential Financial Inc., SG Americas Securities LLC, and Clark Capital Management Group Inc.. 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 $134.87. How big of a company is Virtus Investment Partners? Virtus Investment Partners has a market capitalization of $1.03 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 577 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 9/24/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. 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