NYSE:FIG - Fortress Investment Group Stock Price, Price Target & More

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$7.85 0.00 (0.00 %)
(As of 06/20/2018 07:15 AM ET)
Previous Close$7.85
Today's Range$7.85 - $7.85
52-Week Range$4.78 - $8.05
VolumeN/A
Average Volume2.53 million shs
Market Capitalization$3.05 billion
P/E RatioN/A
Dividend Yield2.29%
Beta1.89
Fortress Investment Group logoFortress Investment Group LLC (Fortress) is an investment management firm. The Company operates through segments, including private equity funds, permanent capital vehicles, credit hedge funds, credit PE funds, liquid hedge funds and Logan Circle. Its business is to sponsor the formation of, and provide investment management services for, various investment funds, permanent capital vehicles and related managed accounts (the Fortress Funds). Fortress's sources of income from the Fortress Funds are management fees, incentive income and investment income on its investments in the funds. As of December 31, 2016, the Company's private equity business manages approximately $13.5 billion of assets under management (AUM); credit funds business manages approximately $18.1 billion of AUM; liquid hedge funds business manages over $4.6 billion of AUM, and Logan Circle business manages approximately $33.4 billion of AUM.

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Industry, Sector and Symbol

Industry N/A
Sub-IndustryN/A
SectorN/A
SymbolNYSE:FIG
CUSIPN/A
Phone+1-212-7986100

Debt

Debt-to-Equity RatioN/A
Current Ratio1.13
Quick Ratio1.13

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$1.16 billion
Price / Sales2.62
Cash Flow$0.9962 per share
Price / Cash7.88
Book Value$2.30 per share
Price / Book3.41

Profitability

EPS (Most Recent Fiscal Year)N/A
Net Income$180.64 million
Net Margins74.41%
Return on Equity58.24%
Return on Assets35.03%

Miscellaneous

Employees1,078
Outstanding Shares388,610,000

Fortress Investment Group (NYSE:FIG) Frequently Asked Questions

What is Fortress Investment Group's stock symbol?

Fortress Investment Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "FIG."

How were Fortress Investment Group's earnings last quarter?

Fortress Investment Group LLC (NYSE:FIG) posted its quarterly earnings results on Thursday, August, 3rd. The asset manager reported $0.22 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.20 by $0.03. The asset manager had revenue of $246.99 million for the quarter. Fortress Investment Group had a return on equity of 58.24% and a net margin of 74.41%. View Fortress Investment Group's Earnings History.

Who are Fortress Investment Group's key executives?

Fortress Investment Group's management team includes the folowing people:
  • Peter L. Briger Jr., Co-Chairman of the Board, Principal (Age 53)
  • Wesley Robert Edens, Co-Chairman of the Board, Principal (Age 55)
  • Randal A. Nardone, Chief Executive Officer, Principal, Director (Age 61)
  • Daniel N. Bass, Chief Financial Officer (Age 50)
  • David N. Brooks, Vice President, General Counsel, Secretary (Age 46)
  • David B. Barry, Independent Director (Age 52)
  • Douglas L. Jacobs, Independent Director (Age 69)
  • Michael G. Rantz, Independent Director (Age 57)
  • George W. Wellde Jr., Independent Director (Age 64)

Has Fortress Investment Group been receiving favorable news coverage?

Headlines about FIG stock have been trending positive on Wednesday, Accern Sentiment reports. The research firm rates the sentiment of press coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Fortress Investment Group earned a daily sentiment score of 0.30 on Accern's scale. They also assigned news coverage about the asset manager an impact score of 45.87 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near term.

How do I buy shares of Fortress Investment Group?

Shares of FIG 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, Scottrade, Fidelity and Charles Schwab.

What is Fortress Investment Group's stock price today?

One share of FIG stock can currently be purchased for approximately $7.85.

How big of a company is Fortress Investment Group?

Fortress Investment Group has a market capitalization of $3.05 billion and generates $1.16 billion in revenue each year. Fortress Investment Group employs 1,078 workers across the globe.

How can I contact Fortress Investment Group?

Fortress Investment Group's mailing address is 1345 Avenue of the Americas Fl 46, NEW YORK, NY 10105-0302, United States. The asset manager can be reached via phone at +1-212-7986100 or via email at [email protected]


MarketBeat Community Rating for Fortress Investment Group (FIG)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  299 (Vote Outperform)
Underperform Votes:  392 (Vote Underperform)
Total Votes:  691
MarketBeat's community ratings are surveys of what our community members think about Fortress Investment Group and other stocks. Vote "Outperform" if you believe FIG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FIG will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 6/20/2018 by MarketBeat.com Staff

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