Virtus Investment Partners - VRTS Stock Forecast, Price & News

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Virtus Investment Partners in the last year. 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 Wall Street research analysts have issued 12-month price targets for Virtus Investment Partners' stock. Their VRTS share price forecasts range from $158.00 to $268.00. On average, they expect the company's stock price to reach $213.00 in the next year. This suggests that the stock has a possible downside of 2.3%.
View analysts price targets for VRTS or view top-rated stocks among Wall Street analysts.

Virtus Investment Partners' stock was trading at $297.10 at the beginning of the year. Since then, VRTS stock has decreased by 26.6% and is now trading at $217.94.
View the best growth stocks for 2022 here.

Virtus Investment Partners saw a increase in short interest during the month of July. As of July 31st, there was short interest totaling 177,000 shares, an increase of 38.5% from the July 15th total of 127,800 shares. Based on an average trading volume of 58,900 shares, the days-to-cover ratio is currently 3.0 days. Currently, 2.5% of the shares of the stock are sold short.
View Virtus Investment Partners' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 26th 2022.
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 EPS for the quarter, beating the consensus estimate of $9.61 by $0.10. The closed-end fund had revenue of $217.67 million for the quarter, compared to analyst estimates of $219.35 million. Virtus Investment Partners had a net margin of 15.97% and a trailing twelve-month return on equity of 33.41%. During the same period in the prior year, the company posted $4.49 earnings per share.

Virtus Investment Partners announced a quarterly dividend on Thursday, May 19th. Stockholders of record on Friday, July 29th will be given a dividend of $1.50 per share on Monday, August 15th. This represents a $6.00 dividend on an annualized basis and a dividend yield of 2.75%. The ex-dividend date is Thursday, July 28th.
Read our dividend analysis for VRTS.

Virtus Investment Partners (NASDAQ:VRTS) pays an annual dividend of $6.00 per share and currently has a dividend yield of 2.84%. The company has been increasing its dividend for 4 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 29.76%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, VRTS will have a dividend payout ratio of 20.99% 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 Brown Advisory Inc. (2.09%), FMR LLC (1.99%), JPMorgan Chase & Co. (0.86%), Principal Financial Group Inc. (0.66%), Assenagon Asset Management S.A. (0.35%) and Rhumbline Advisers (0.30%). Insiders that own company stock include Barry M Mandinach, Francis G Waltman, 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.

One share of VRTS stock can currently be purchased for approximately $217.94.

Virtus Investment Partners (NASDAQ:VRTS) has a market capitalization of $1.59 billion and generates $979.23 million in revenue each year. The closed-end fund earns $208.13 million in net income (profit) each year or $20.16 on an earnings per share basis.

The company employs 668 workers across the globe.

Virtus Investment Partners was founded in 2008.

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.