Virtus Investment Partners - VRTS Stock Forecast, Price & News

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 hold rating for the stock. The consensus among Wall Street 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 1-year price targets for Virtus Investment Partners' stock. Their VRTS share price forecasts range from $150.00 to $248.00. On average, they predict the company's stock price to reach $199.00 in the next twelve months. This suggests a possible upside of 12.4% 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 beginning of the year. Since then, VRTS stock has decreased by 7.5% and is now trading at $177.10.
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The company is scheduled to release its next quarterly earnings announcement on Friday, May 5th 2023.
View our VRTS earnings forecast.

Virtus Investment Partners, Inc. (NASDAQ:VRTS) announced its quarterly earnings data 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 the consensus estimate of $219.35 million. Virtus Investment Partners had a net margin of 13.26% and a trailing twelve-month return on equity of 24.06%. During the same quarter last year, the company posted $4.49 EPS.

Virtus Investment Partners announced a quarterly dividend on Thursday, February 23rd. Stockholders of record on Friday, April 28th will be paid a dividend of $1.65 per share on Monday, May 15th. This represents a $6.60 dividend on an annualized basis and a yield of 3.73%. The ex-dividend date of this dividend is Thursday, April 27th.
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), ETC 6 Meridian Small Cap Equity ETF (SIXS), WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS), Invesco S&P SmallCap Financials ETF (PSCF), Distillate Small/Mid Cash Flow ETF (DSMC), Syntax Stratified SmallCap ETF (SSLY), Vident Core U.S. Equity Fund (VUSE) and Vanguard U.S. Quality Factor ETF (VFQY).

Virtus Investment Partners (NASDAQ:VRTS) pays an annual dividend of $6.60 per share and currently has a dividend yield of 3.85%. The company has been increasing its dividend for 5 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 42.50%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, VRTS will have a dividend payout ratio of 24.23% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for VRTS.

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

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

Virtus Investment Partners' stock is owned by many different institutional and retail investors. Top institutional investors include T. Rowe Price Investment Management Inc. (5.99%), Dimensional Fund Advisors LP (3.69%), Vulcan Value Partners LLC (3.08%), Brown Advisory Inc. (2.06%), Schonfeld Strategic Advisors LLC (2.02%) and Geode Capital Management LLC (1.82%). Insiders that own company stock include Barry M Mandinach, Francis G Waltman, Stephen T Zarrilli, W Howard Morris and William Patrick Bradley III.
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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.
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One share of VRTS stock can currently be purchased for approximately $177.10.

Virtus Investment Partners (NASDAQ:VRTS) has a market capitalization of $1.27 billion and generates $886.38 million in revenue each year. The closed-end fund earns $117.54 million in net income (profit) each year or $15.53 on an earnings per share basis.

The company employs 668 workers across the globe.

Virtus Investment Partners' mailing address is ONE FINANCIAL PLAZA, HARTFORD CT, 06103. The official website for the company 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.