NASDAQ:VRTS - Virtus Investment Partners Stock Price, Forecast & News

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

Virtus Investment Partners announced a quarterly dividend on Tuesday, December 10th. Shareholders of record on Friday, January 31st will be given a dividend of $0.67 per share on Saturday, February 15th. This represents a $2.68 annualized dividend and a yield of 2.11%. The ex-dividend date is Thursday, January 30th. View Virtus Investment Partners' Dividend History.

Virtus Investment Partners Inc (NASDAQ:VRTS) released its quarterly earnings results on Friday, October, 25th. The closed-end fund reported $4.03 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.69 by $0.34. The closed-end fund earned $146 million during the quarter, compared to analysts' expectations of $146.51 million. Virtus Investment Partners had a return on equity of 21.89% and a net margin of 13.49%. Virtus Investment Partners's revenue for the quarter was down 4.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $3.93 EPS. View Virtus Investment Partners' Earnings History.

Virtus Investment Partners is scheduled to release their next quarterly earnings announcement on Friday, January 31st 2020. View Earnings Estimates for Virtus Investment Partners.

Virtus Investment Partners will be holding an earnings conference call on Friday, January 31st at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

3 analysts have issued twelve-month target prices for Virtus Investment Partners' stock. Their forecasts range from $110.00 to $128.00. On average, they anticipate Virtus Investment Partners' stock price to reach $118.33 in the next twelve months. This suggests that the stock has a possible downside of 6.8%. View Analyst Price Targets for Virtus Investment Partners.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Virtus Investment Partners in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Virtus Investment Partners.

Media stories about VRTS stock have trended somewhat positive recently, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Virtus Investment Partners earned a news sentiment score of 1.3 on InfoTrie's scale. They also assigned news coverage about the closed-end fund a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the immediate future. View News Stories for Virtus Investment Partners.

Virtus Investment Partners saw a increase in short interest in the month of December. As of December 31st, there was short interest totalling 430,500 shares, an increase of 6.9% from the December 15th total of 402,900 shares. Based on an average daily trading volume, of 57,500 shares, the short-interest ratio is presently 7.5 days. Currently, 6.6% of the company's shares are short sold. View Virtus Investment Partners' Current Options Chain.

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), Invesco (IVZ), Ares Capital (ARCC), Eaton Vance (EV), Affiliated Managers Group (AMG), Federated Investors (FII), Legg Mason (LM) and Cohen & Steers (CNS).

Based on aggregate information from My MarketBeat watchlists, some companies that other Virtus Investment Partners investors own include Visa (V), Walt Disney (DIS), Home Depot (HD), UnitedHealth Group (UNH), Verizon Communications (VZ), Enterprise Products Partners (EPD), AT&T (T), Booking (BKNG), Exxon Mobil (XOM) and Applied Materials (AMAT).

Virtus Investment Partners' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Peregrine Capital Management LLC (1.96%), Bowling Portfolio Management LLC (0.14%), New York State Teachers Retirement System (0.09%), State of Alaska Department of Revenue (0.07%), Janney Montgomery Scott LLC (0.05%) and 6 Meridian (0.04%). View Institutional Ownership Trends for Virtus Investment Partners.

VRTS stock was sold by a variety of institutional investors in the last quarter, including Bowling Portfolio Management LLC, Peregrine Capital Management LLC, Louisiana State Employees Retirement System and State of Alaska Department of Revenue. View Insider Buying and Selling for Virtus Investment Partners.

VRTS stock was bought by a variety of institutional investors in the last quarter, including Janney Montgomery Scott LLC, New York State Teachers Retirement System, Zurcher Kantonalbank Zurich Cantonalbank and 6 Meridian. View Insider Buying and Selling for 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.

One share of VRTS stock can currently be purchased for approximately $126.94.

Virtus Investment Partners has a market capitalization of $873.09 million and generates $552.23 million in revenue each year. The closed-end fund earns $75.53 million in net income (profit) each year or $12.26 on an earnings per share basis. Virtus Investment Partners employs 577 workers across the globe.View Additional Information About Virtus Investment Partners.

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

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]