Fortress Investment Group LLC Company Profile (NYSE:FIG)

About Fortress Investment Group LLC

Fortress Investment Group LLC logoFortress Investment Group LLC (Fortress) is an investment management firm with approximately $70.5 billion in assets under management (AUM). 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 (collectively, the Fortress Funds). Fortress makes investments in these funds. Fortress's primary sources of income from the Fortress Funds are management fees, incentive income and investment income on its investments in the funds. The Company's private equity business manages approximately $15.8 billion of AUM; credit funds business manages over $18.1 billion of AUM; liquid hedge funds business manages over $5.4 billion of AUM, and Logan Circle business manages approximately $31.2 billion of AUM.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Asset Management
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: FIG
  • CUSIP:
Key Metrics:
  • Previous Close: $5.03
  • 50 Day Moving Average: $4.84
  • 200 Day Moving Average: $4.77
  • Trailing P/E Ratio: 70.85
  • Foreward P/E Ratio: 5.78
  • P/E Growth: 0.30
  • Market Cap: $1.09B
  • Outstanding Shares: 216,532,000
  • Beta: 1.89
Additional Links:
Companies Related to Fortress Investment Group LLC:

Analyst Ratings

Consensus Ratings for Fortress Investment Group LLC (NYSE:FIG) (?)
Ratings Breakdown: 3 Hold Ratings, 3 Buy Ratings
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $6.83 (35.85% upside)

Analysts' Ratings History for Fortress Investment Group LLC (NYSE:FIG)
Show:
DateFirmActionRatingPrice TargetDetails
7/11/2016Keefe, Bruyette & WoodsDowngradeOutperform -> Market Perform$6.50 -> $5.50View Rating Details
4/18/2016Royal Bank Of CanadaLower Price TargetOutperform$10.00 -> $9.00View Rating Details
4/12/2016Jefferies GroupLower Price TargetHold$5.00View Rating Details
3/17/2016Oppenheimer Holdings Inc.Reiterated RatingOutperformView Rating Details
3/9/2016Compass PointLower Price TargetBuy$7.50 -> $6.50View Rating Details
1/13/2016JMP SecuritiesLower Price Target$10.00 -> $9.00View Rating Details
12/9/2015Credit Suisse Group AGReiterated RatingNeutral$6.00View Rating Details
(Data available from 8/23/2014 forward)

Earnings

Earnings History for Fortress Investment Group LLC (NYSE:FIG)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/27/2016        
7/28/2016Q216$0.18$0.26$235.83 million$232.00 millionViewListenView Earnings Details
5/5/2016Q116$0.14$0.04$205.14 million$231.60 millionViewN/AView Earnings Details
2/25/2016Q415$0.20$0.20$257.13 million$415.00 millionViewListenView Earnings Details
10/29/2015Q315$0.17$0.15$274.63 million$264.00 millionViewListenView Earnings Details
7/30/2015Q215$0.21$0.30$261.47 million$308.48 millionViewListenView Earnings Details
5/7/2015Q115$0.22$0.12$254.98 million$226.69 millionViewN/AView Earnings Details
2/26/2015Q414$0.16$0.24$234.27 million$344.00 millionViewN/AView Earnings Details
10/30/2014Q314$0.16$0.12$226.53 million$404.00 millionViewN/AView Earnings Details
7/31/2014Q214$0.31$0.39$221.60 million$427.00 millionViewN/AView Earnings Details
5/1/2014Q114$0.16$0.21$228.28 million$235.10 millionViewN/AView Earnings Details
2/27/2014Q413$0.20$0.49$256.13 million$566.00 millionViewN/AView Earnings Details
10/31/2013Q313$0.15$0.13$216.15 million$232.00 millionViewN/AView Earnings Details
8/1/2013Q2 2013$0.19$0.30$259.67 million$223.10 millionViewN/AView Earnings Details
5/2/2013Q1 2013$0.15$0.20$217.49 million$244.35 millionViewN/AView Earnings Details
2/27/2013Q4 2012$0.14$0.20$217.52 million$417.64 millionViewN/AView Earnings Details
11/2/2012Q312$0.11$0.12$180.76 million$181.50 millionViewN/AView Earnings Details
8/2/2012$0.10$0.09ViewN/AView Earnings Details
5/3/2012$0.10$0.11ViewN/AView Earnings Details
2/28/2012$0.10$0.09ViewN/AView Earnings Details
11/3/2011$0.08($0.82)ViewN/AView Earnings Details
8/4/2011$0.11($0.56)ViewN/AView Earnings Details
5/5/2011$0.15($0.58)ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Fortress Investment Group LLC (NYSE:FIG)
Current Year EPS Consensus Estimate: $0.71 EPS
Next Year EPS Consensus Estimate: $0.87 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162$0.17$0.19$0.18
Q2 20162$0.20$0.22$0.21
Q3 20162$0.24$0.26$0.25
Q4 20162$0.25$0.26$0.26
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Fortress Investment Group LLC (NYSE:FIG)
Annual Dividend:$0.36
Dividend Yield:7.16%
Payout Ratio:50.70% (Based on Current Year Consensus EPS Estimate)
41.38% (Based on Next Year Consensus EPS Estimate)
Dividend Growth:17.00% (3 Year Average)

Dividend History for Fortress Investment Group LLC (NYSE:FIG)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/28/2016quarterly$0.098/8/20168/10/20168/16/2016
5/5/2016special$0.115/13/20165/17/20165/20/2016
2/25/2016quarterly$0.083/14/20163/16/20163/21/2016
10/29/2015quarterly$0.0811/6/201511/10/201511/13/2015
7/30/2015$0.088/7/20158/11/20158/14/2014
7/30/2015quarterly$0.088/11/20158/14/2015
5/7/2015quarterly$0.083.93%5/14/20155/18/20155/21/2015
2/26/2015special$0.304.06%3/10/20153/12/20153/17/2015
10/30/2014quarterly$0.084.26%11/7/201411/12/201411/17/2014
7/31/2014special$0.184.25%8/8/20148/12/20148/15/2014
5/1/2014quarterly$0.084.34%5/9/20145/13/20145/16/2014
2/27/2014quarterly$0.083.73%3/7/20143/11/20143/14/2014
11/1/2013quarterly$0.062.81%11/7/201311/12/201311/15/2013
8/2/2013quarterly$0.063.05%8/9/20138/13/20138/16/2013
5/2/2013quarterly$0.063.61%5/10/20135/14/20135/17/2013
2/28/2013quarterly$0.063.68%3/8/20133/12/20133/15/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Fortress Investment Group LLC (NYSE:FIG)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/28/2015Wesley R EdensMajor ShareholderBuy200,000$6.06$1,212,000.00View SEC Filing  
5/28/2015Daniel BassCFOSell35,000$7.76$271,600.00View SEC Filing  
5/18/2015John KonawalikInsiderSell20,000$7.98$159,600.00View SEC Filing  
3/18/2014Daniel BassCFOSell65,000$8.04$522,600.00View SEC Filing  
3/18/2014David BrooksVPSell40,000$8.04$321,600.00View SEC Filing  
3/18/2014John KonawalikInsiderSell25,000$8.04$201,000.00View SEC Filing  
3/18/2014Michael Novogratzmajor shareholderSell276,065$8.04$2,219,562.60View SEC Filing  
3/18/2014Randal NardoneCEOSell720,000$8.04$5,788,800.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Fortress Investment Group LLC (NYSE:FIG)
DateHeadline
finance.yahoo.com logoFirst Asset Introduces Actively Managed Investment-Grade Bond ETF (NYSE:FIG)
finance.yahoo.com - August 22 at 9:39 AM
News IconShare Valuation Review for Fortress Investment Group LLC (NYSE:FIG) - Post News (NYSE:FIG)
www.kentuckypostnews.com - August 20 at 9:15 AM
investornewswire.com logoWill Fortress Investment Group LLC (NYSE:FIG) Hit $10 Price Target? - Investor Newswire (NYSE:FIG)
www.investornewswire.com - August 20 at 9:15 AM
News IconReview of Dividend Stock With Upside Possibilities: Fortress Investment Group LLC (NYSE:FIG) - Post News (NYSE:FIG)
www.kentuckypostnews.com - August 17 at 10:21 PM
fidaily.com logoFortress Investment Group LLC C (FIG) Ownership Increased by Wellington Management Group Llp - Finance Daily (NYSE:FIG)
www.fidaily.com - August 16 at 8:17 AM
capitalcube.com logoFortress Investment Group LLC :FIG-US: Earnings Analysis: Q2, 2016 By the Numbers : August 9, 2016 (NYSE:FIG)
www.capitalcube.com - August 9 at 3:44 PM
4-traders.com logoFORTRESS INVESTMENT GROUP LLC : ex-dividend day (NYSE:FIG)
www.4-traders.com - August 8 at 9:49 AM
investornewswire.com logoStrong Sell Calls For Fortress Investment Group LLC (NYSE:FIG) At 0 - Investor Newswire (NYSE:FIG)
www.investornewswire.com - August 6 at 5:46 AM
News IconGlovier to Join Opus Bank From Fortress Investment Group (NYSE:FIG)
www.abladvisor.com - August 4 at 10:46 PM
News IconPenso taps ex-Fortress MD as chairman and CEO (NYSE:FIG)
www.pehub.com - August 3 at 5:18 PM
twst.com logoOpus Bank: Curtis Glovier to Join Opus Bank from Fortress Investment Group (NYSE:FIG)
www.twst.com - August 3 at 5:18 PM
rttnews.com logoEARNINGS SUMMARY: Details of Fortress Investment Group LLC Q2 Earnings Report (NYSE:FIG)
www.rttnews.com - July 29 at 12:05 PM
4-traders.com logoFORTRESS INVESTMENT GROUP LLC : Results of Operations and Financial Condition, Financial Statements and Exhibits (form 8-K) (NYSE:FIG)
www.4-traders.com - July 29 at 12:05 PM
finance.yahoo.com logoFortress says it will shut Centaurus Global Funds (NYSE:FIG)
finance.yahoo.com - July 28 at 6:14 PM
News IconFortress Investment Group LLC (NYSE:FIG) Near to Lift Curtain on June 2016 Earnings - The Voice Registrar (NYSE:FIG)
voiceregistrar.com - July 26 at 5:05 PM
tradecalls.org logoFortress Investment Group LLC (FIG) Shares are Up 4.07% - Trade Calls (NYSE:FIG)
www.tradecalls.org - July 25 at 10:33 PM
News IconAbercrombie & Kent Acquired by Chinese Investment Firm (NYSE:FIG)
www.luxurytravelmagazine.com - July 25 at 5:06 PM
investornewswire.com logoIs $10 Price Target Attainable For Fortress Investment Group LLC (NYSE:FIG)? - Investor Newswire (NYSE:FIG)
www.investornewswire.com - July 24 at 4:47 PM
4-traders.com logoFortress Investment : Luxury Travel Leader Abercrombie & Kent to Continue Innovation With New Investor (NYSE:FIG)
www.4-traders.com - July 23 at 9:04 AM
News IconSerengeti Asset Management LP Decreased Stake in Fortress ... - Consumer Eagle (NYSE:FIG)
www.consumereagle.com - July 22 at 4:55 PM
finance.yahoo.com logoLuxury Travel Leader Abercrombie & Kent to Continue Innovation With New Investor (NYSE:FIG)
finance.yahoo.com - July 22 at 2:50 PM
News IconShares Positive Over the Past Month: Fortress Investment Group LLC (NYSE:FIG) - TGP (NYSE:FIG)
telanaganapress.com - July 21 at 8:32 AM
News IconHow Analysts Rated Fortress Investment Group LLC (NYSE:FIG) Last Week? - Consumer Eagle (NYSE:FIG)
www.consumereagle.com - July 21 at 8:32 AM
news.cmlviz.com logoFortress Investment Group LLC Stock Technicals Hit Weakness - CML News (NYSE:FIG)
news.cmlviz.com - July 20 at 5:41 AM
streetreport.co logoAnalysts and Technical Update on Fortress Investment Group LLC (NYSE:FIG) - Street Report (NYSE:FIG)
www.streetreport.co - July 20 at 5:41 AM
bizjournals.com logoWes Edens' firm featured in New York Times probe of private equity lobbying (NYSE:FIG)
www.bizjournals.com - July 19 at 1:20 PM
News IconEarnings Focus and Crowd Sourced Sentiment Review for Fortress Investment Group LLC (NYSE:FIG) - TGP (NYSE:FIG)
telanaganapress.com - July 19 at 11:06 AM
News IconShares Lower on the Year Fortress Investment Group LLC (NYSE:FIG) - Press Telegraph (NYSE:FIG)
presstelegraph.com - July 19 at 11:06 AM
capitalcube.com logoFortress Investment Group LLC breached its 50 day moving average in a Bullish Manner : FIG-US : July 19, 2016 (NYSE:FIG)
www.capitalcube.com - July 19 at 8:11 AM
News IconSerengeti Asset Management LP Decreased Stake in Fortress Investment Group Ll (NYSE:FIG) by $12.00 Million as ... - Consumer Eagle (NYSE:FIG)
www.consumereagle.com - July 15 at 6:00 AM
twst.com logoFortress Investment Group LLC: Fortress to Release Second Quarter Results and ... (NYSE:FIG)
www.twst.com - July 14 at 5:10 PM
4-traders.com logoFORTRESS INVESTMENT : to Release Second Quarter Results and Announce Dividend .. (NYSE:FIG)
www.4-traders.com - July 14 at 5:10 PM
finance.yahoo.com logoFortress to integrate two Italian debt collectors it owns (NYSE:FIG)
finance.yahoo.com - July 14 at 12:02 PM
News IconFortress Investment Group LLC (NYSE:FIG) Wall Street Analyst Recommendation Outlook - Telanagana Press (NYSE:FIG)
telanaganapress.com - July 14 at 8:18 AM
finance.yahoo.com logoFortress to Release Second Quarter Results and Announce Dividend on July 28, 2016 (NYSE:FIG)
finance.yahoo.com - July 13 at 5:09 PM
bloomberg.com logoFortress Says Fired Executive Exaggerated Lou Gehrig Disease (NYSE:FIG)
www.bloomberg.com - July 13 at 9:36 AM
finance.yahoo.com logoFortress Says Fired Executive Exaggerated Lou Gehrig’s Disease (NYSE:FIG)
finance.yahoo.com - July 13 at 9:36 AM
News IconAnalyst Target and Average Rating Watch: Fortress Investment Group LLC (NYSE:FIG) - Press Telegraph (NYSE:FIG)
presstelegraph.com - July 13 at 6:22 AM
News IconShares Moving Up Over the Past Quarter: Fortress Investment Group LLC (NYSE:FIG) - Engelwood Daily (NYSE:FIG)
www.engelwooddaily.com - July 12 at 9:25 AM
News IconStock Down on the Year Fortress Investment Group LLC (NYSE:FIG) - Press Telegraph (NYSE:FIG)
presstelegraph.com - July 12 at 9:25 AM
finance.yahoo.com logoFortress Investment downgraded by Keefe Bruyette (NYSE:FIG)
finance.yahoo.com - July 11 at 7:11 AM
fiscalstandard.com logoNext Weeks Broker Price Targets For Fortress Investment Group LLC (NYSE:FIG) - Fiscal Standard (NYSE:FIG)
www.fiscalstandard.com - July 10 at 9:30 AM
investornewswire.com logoIs $10 Within Reach For Fortress Investment Group LLC (NYSE:FIG)? - Investor Newswire (NYSE:FIG)
www.investornewswire.com - July 9 at 8:29 AM
biz.yahoo.com logoFORTRESS INVESTMENT GROUP LLC Files SEC form 8-K, Regulation FD Disclosure (NYSE:FIG)
biz.yahoo.com - July 7 at 5:02 PM
News IconFortress Investment Group LLC (NYSE:FIG) Stock Update: Check on Ratings and Target Price - Telanagana Press (NYSE:FIG)
telanaganapress.com - July 7 at 6:22 AM
tradecalls.org logoFortress Investment Group LLC (FIG) : Analyst Rating Update - Trade Calls (NYSE:FIG)
www.tradecalls.org - July 7 at 6:22 AM
News IconNationstar elevates CEO Jay Bray to chairman of the board (NYSE:FIG)
www.housingwire.com - July 6 at 9:45 AM
News IconCan Fortress Investment Group LLC (NYSE:FIG) Improve on the Earnings Front? - Engelwood Daily (NYSE:FIG)
www.engelwooddaily.com - July 5 at 4:55 PM
News IconHow Analysts Rated Fortress Investment Group LLC (NYSE:FIG) Last Week? - Engelwood Daily (NYSE:FIG)
www.engelwooddaily.com - July 5 at 4:55 PM
finance.yahoo.com logoFortress Executive With Lou Gehrig Disease Sues Over Firing (NYSE:FIG)
finance.yahoo.com - July 5 at 8:02 AM

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Fortress Investment Group LLC (NYSE:FIG) Chart for Tuesday, August, 23, 2016


Last Updated on 8/23/2016 by MarketBeat.com Staff