About Invesco (NYSE:IVZ)
Invesco Ltd. (Invesco) is an independent investment management company. The Company provides a range of investment capabilities and outcomes, which are delivered through a set of investment vehicles, to help clients achieve their investment objectives. It has a presence in the retail and institutional markets within the investment management industry in North America; Europe, Middle East and Africa (EMEA), and Asia-Pacific. Its Jemstep solution provides wealth management home offices and their advisors with a suite of technology solutions that are customizable and are integrated into existing systems. The solution offers advisors an open architecture platform that includes Invesco's fundamental and factor-based investment strategies. It offers retail products within various asset classes. It offers a suite of domestic and global strategies, including traditional and quantitative equities, fixed income and absolute return strategies.
Industry, Sector and Symbol:
- Sector: Financials
- Industry: Wealth Management
- Sub-Industry: Asset Management & Custody Banks
- Symbol: NYSE:IVZ
- CUSIP: G491BT10
- Web: www.invesco.com
- Market Cap: $15.16 billion
- Outstanding Shares: 406,891,000
- 50 Day Moving Avg: $34.60
- 200 Day Moving Avg: $33.79
- 52 Week Range: $27.46 - $37.51
Sales & Book Value:
- Trailing P/E Ratio: 16.61
- Foreward P/E Ratio: 13.07
- P/E Growth: 1.00
- Annual Revenue: $4.84 billion
- Price / Sales: 3.13
- Book Value: $19.59 per share
- Price / Book: 1.90
- Annual Dividend: $1.16
- Dividend Yield: 3.1%
- EBITDA: $1.37 billion
- Net Margins: 19.90%
- Return on Equity: 12.29%
- Return on Assets: 3.65%
- Debt-to-Equity Ratio: 0.73%
- Current Ratio: 1.54%
- Quick Ratio: 1.54%
- Average Volume: 2.47 million shs.
- Beta: 1.8
- Short Ratio: 2.2
Frequently Asked Questions for Invesco (NYSE:IVZ)
What is Invesco's stock symbol?
Invesco trades on the New York Stock Exchange (NYSE) under the ticker symbol "IVZ."
How often does Invesco pay dividends? What is the dividend yield for Invesco?
Invesco announced a quarterly dividend on Friday, July 28th. Investors of record on Thursday, August 17th will be given a dividend of $0.29 per share on Friday, September 1st. This represents a $1.16 dividend on an annualized basis and a yield of 3.11%. The ex-dividend date is Tuesday, August 15th. View Invesco's Dividend History.
How were Invesco's earnings last quarter?
Invesco Ltd. (NYSE:IVZ) announced its quarterly earnings results on Thursday, July, 27th. The company reported $0.64 EPS for the quarter, topping the consensus estimate of $0.61 by $0.03. The firm earned $906.30 million during the quarter, compared to the consensus estimate of $891.19 million. Invesco had a net margin of 19.90% and a return on equity of 12.29%. The business's revenue for the quarter was up 4.5% on a year-over-year basis. During the same quarter last year, the firm posted $0.56 EPS. View Invesco's Earnings History.
When will Invesco make its next earnings announcement?
Where is Invesco's stock going? Where will Invesco's stock price be in 2017?
11 brokerages have issued 12-month price objectives for Invesco's shares. Their predictions range from $33.00 to $41.00. On average, they expect Invesco's share price to reach $37.95 in the next twelve months. View Analyst Ratings for Invesco.
What are analysts saying about Invesco stock?
Here are some recent quotes from research analysts about Invesco stock:
- 1. According to Zacks Investment Research, "Invesco’s shares have underperformed the industry so far this year. Yet, the company has an impressive earnings surprise history. It surpassed the Zacks Consensus Estimate for earnings in three of the trailing four quarters. With an aim to enhance its exchange-traded funds (ETF) operation, the company has inked a deal to acquire the ETF business of Guggenheim Partners LLC. Strong balance sheet position along with cost savings efforts, improving assets under management (AUM), diverse product offerings and alternative investment strategies should continue supporting growth. However, high-debt levels will likely hinder the company from procuring additional finance. Further, amortization of the company’s goodwill and intangible assets could have an adverse effect on its profitability." (10/12/2017)
- 2. Jefferies Group LLC analysts commented, "Following 4Q16 results our estimates for 2017 decline approx. 7%. This reflects challenges within revenue (other revs and fee rate) as well as slightly higher expense levels. While currency headwinds remain a burden to improving profitability, flow trends have been relatively solid. IVZ is off to a solid start to the year with over $1.6B of inflows in January and a strong institutional backlog." (1/27/2017)
Who are some of Invesco's key competitors?
Some companies that are related to Invesco include Weyerhaeuser Co (WY), Standard Chartered PLC (STAN), Ameriprise Financial (AMP), Aviva plc (AV), KeyCorp (KEY), GGP (GGP), Legal & General Group Plc (LGEN), Banco de Chile (BCH), Banco Santander-Chile (BSAC), London Stock Exchange Group Plc (LSE), Standard Life Aberdeen PLC (SLA), Cboe Global Markets (CBOE), Zions Bancorp (ZION), Federal Realty Investment Trust (FRT), Old Mutual plc (OML), 3i Group plc (III), AerCap Holdings (AER) and Hargreaves Lansdown PLC (HL).
Who are Invesco's key executives?
Invesco's management team includes the folowing people:
- Martin L. Flanagan CPA, President, Chief Executive Officer, Director
- Loren M. Starr, Chief Financial Officer, Senior Managing Director
- Colin D. Meadows, Chief Administrative Officer, Senior Managing Director
- Kevin M. Carome, General Counsel, Senior Managing Director
- Andrew T.S. Lo, Senior Managing Director, Head - Invesco Asia Pacific
- Gregory G. McGreevey, Senior Managing Director - Investments
- Andrew R. Schlossberg, Senior Managing Director, Head - EMEA
- Philip A. Taylor, Senior Managing Director, Head - Americas Business
- Ben F. Johnson III, Non-Executive Independent Chairman of the Board
- Joseph R. Canion, Non-Executive Independent Director
Who owns Invesco stock?
Invesco's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Reinhart Partners Inc. (0.18%), APG Asset Management N.V. (0.12%), Nationwide Fund Advisors (0.10%), BB&T Corp (0.08%), PGGM Investments (0.07%) and State Treasurer State of Michigan (0.03%). Company insiders that own Invesco stock include Andrew Tak Shing Lo, Ben F Johnson III, Colin Meadows, Edward P Lawrence, Karen Dunn Kelley, Martin L Flanagan and Philip Taylor. View Institutional Ownership Trends for Invesco.
Who sold Invesco stock? Who is selling Invesco stock?
Invesco's stock was sold by a variety of institutional investors in the last quarter, including APG Asset Management N.V., Reinhart Partners Inc., State Treasurer State of Michigan and BB&T Corp. Company insiders that have sold Invesco stock in the last year include Andrew Tak Shing Lo, Karen Dunn Kelley and Philip Taylor. View Insider Buying and Selling for Invesco.
Who bought Invesco stock? Who is buying Invesco stock?
Invesco's stock was purchased by a variety of institutional investors in the last quarter, including Nationwide Fund Advisors, Robeco Institutional Asset Management B.V., Shell Asset Management Co., Fox Run Management L.L.C., FormulaFolio Investments LLC, PGGM Investments and Oakbrook Investments LLC. View Insider Buying and Selling for Invesco.
How do I buy Invesco stock?
Shares of Invesco can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Invesco's stock price today?
MarketBeat Community Rating for Invesco (NYSE IVZ)MarketBeat's community ratings are surveys of what our community members think about Invesco and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Invesco stock can currently be purchased for approximately $37.26.
Consensus Ratings for Invesco (NYSE:IVZ) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||3 Hold Ratings, 8 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.73)|
|Consensus Price Target: ||$37.95 (1.85% upside)|Consensus Price Target History for Invesco (NYSE:IVZ)
Analysts' Ratings History for Invesco (NYSE:IVZ)
(Data available from 10/24/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/11/2017||Wells Fargo & Company||Boost Price Target||Outperform||$38.00 -> $40.00||N/A|
|10/3/2017||Keefe, Bruyette & Woods||Reiterated Rating||Buy||$39.00||Low|
|10/3/2017||Citigroup Inc.||Boost Price Target||Buy -> Buy||$38.50 -> $39.50||Low|
|9/28/2017||Goldman Sachs Group, Inc. (The)||Downgrade||Buy -> Neutral||$38.00 -> $36.00||Low|
|9/8/2017||Barclays PLC||Initiated Coverage||Overweight -> Overweight||$38.00||Low|
|8/17/2017||Jefferies Group LLC||Set Price Target||Buy||$41.00||Low|
|7/10/2017||Morgan Stanley||Reiterated Rating||Overweight||$36.00 -> $38.00||Medium|
|6/29/2017||Royal Bank Of Canada||Initiated Coverage||Outperform -> Outperform||$41.00||Low|
|4/28/2017||Deutsche Bank AG||Boost Price Target||Hold||$32.00 -> $33.00||Low|
|4/7/2017||Credit Suisse Group||Reiterated Rating||Hold||$34.00||Low|
|1/12/2017||J P Morgan Chase & Co||Reiterated Rating||Overweight||N/A|
|9/26/2016||Bank of America Corporation||Reiterated Rating||Buy||$37.00 -> $37.00||N/A|
|4/2/2016||Piper Jaffray Companies||Reiterated Rating||Buy||$41.00||N/A|
|1/31/2016||William Blair||Reiterated Rating||Market Perform||N/A|
Earnings History for Invesco (NYSE:IVZ)Earnings History by Quarter for Invesco (NYSE IVZ)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/27/2017||Q2 2017||$0.61||$0.64||$891.19 million||$906.30 million||View||N/A|
|4/27/2017||Q1 2017||$0.56||$0.61||$1.22 billion||$1.19 billion||View||N/A|
|1/26/2017||Q416||$0.58||$0.59||$867.07 million||$1.19 billion||View||N/A|
|10/27/2016||Q316||$0.61||$0.60||$1.23 billion||$1.20 billion||View||Listen|
|7/28/2016||Q216||$0.54||$0.56||$853.16 million||$1.19 billion||View||Listen|
|4/28/2016||Q116||$0.54||$0.49||$857.69 million||$1.15 billion||View||Listen|
|1/28/2016||Q415||$0.60||$0.58||$885.53 million||$886.10 million||View||Listen|
|10/29/2015||Q315||$0.62||$0.61||$913.74 million||$903.00 million||View||Listen|
|7/30/2015||Q215||$0.62||$0.63||$909.46 million||$936.60 million||View||Listen|
|4/30/2015||Q115||$0.60||$0.63||$894.34 million||$917.50 million||View||N/A|
|1/29/2015||Q414||$0.62||$0.63||$1.33 billion||$905.80 million||View||N/A|
|10/30/2014||Q314||$0.62||$0.64||$1.33 billion||$913.70 billion||View||N/A|
|7/31/2014||Q214||$0.58||$0.65||$1.29 billion||$981.00 million||View||N/A|
|5/1/2014||Q114||$0.55||$0.60||$1.26 billion||$887.80 million||View||N/A|
|1/31/2014||Q413||$0.57||$0.64||$1.25 billion||$1.23 billion||View||N/A|
|10/31/2013||Q313||$0.52||$0.51||$1.17 billion||$1.17 billion||View||N/A|
|7/31/2013||Q2 2013||$0.51||$0.50||$1.11 billion||$1.14 billion||View||Listen|
|4/30/2013||Q1 2013||$0.47||$0.49||$1.14 billion||$816.50 million||View||Listen|
|1/31/2013||Q4 2012||$0.47||$0.45||$1.11 billion||$1.10 billion||View||Listen|
|11/1/2012||Q312||$0.45||$0.42||$1.06 billion||$734.70 billion||View||N/A|
Earnings Estimates for Invesco (NYSE:IVZ)
2017 EPS Consensus Estimate: $2.51
2018 EPS Consensus Estimate: $2.72
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Invesco (NYSE:IVZ)
|Most Recent Dividend:||9/1/2017|
|Dividend Growth:||9.40% (3 Year Average)|
|Payout Ratio:||52.02% (Trailing 12 Months of Earnings) |
44.96% (Based on This Year's Estimates)
40.70% (Based on Next Year's Estimates)
|Track Record:||8 Years of Consecutive Dividend Growth|
Dividend History by Quarter for Invesco (NYSE IVZ)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Invesco (NYSE:IVZ)
Insider Ownership Percentage: 1.80%Insider Trades by Quarter for Invesco (NYSE:IVZ)
Institutional Ownership Percentage: 79.80%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|5/2/2017||Philip Taylor||Insider||Sell||60,000||$32.40||$1,944,000.00|| |
|12/5/2016||Karen Dunn Kelley||Insider||Sell||157,615||$31.56||$4,974,329.40|| |
|11/28/2016||Philip Taylor||Insider||Sell||140,000||$31.33||$4,386,200.00|| |
|11/2/2016||Andrew Tak Shing Lo||Insider||Sell||150,000||$27.71||$4,156,500.00|| |
|9/9/2016||Edward P Lawrence||Director||Sell||1,609||$30.84||$49,621.56|| |
|8/1/2016||Ben F Johnson III||Director||Buy||2,000||$29.24||$58,480.00|| |
|6/10/2016||Colin Meadows||Director||Sell||40,433||$28.43||$1,149,510.19|| |
|5/19/2016||Colin Meadows||Director||Sell||17,250||$28.68||$494,730.00|| |
|3/1/2016||Martin L Flanagan||CEO||Sell||296,359||$27.34||$8,102,455.06|| |
|5/27/2015||Edward P Lawrence||Director||Sell||2,500||$40.32||$100,800.00|| |
|5/8/2015||Colin Meadows||Director||Sell||32,500||$41.44||$1,346,800.00|| |
|5/4/2015||J Thomas Presby||Director||Sell||4,708||$41.80||$196,794.40|| |
|3/13/2015||Colin Meadows||Director||Sell||44,226||$40.03||$1,770,366.78|| |
|3/3/2015||Gregory Mark Armour||Insider||Sell||25,000||$40.41||$1,010,250.00|| |
|3/2/2015||Martin L Flanagan||CEO||Sell||161,500||$40.39||$6,522,985.00|| |
|9/3/2014||Roderick G.H. Ellis||CAO||Sell||25,000||$40.70||$1,017,500.00|| |
|6/9/2014||Karen Dunn Kelley||Senior Managing Director||Sell||27,000||$38.23||$1,032,210.00|| |
|5/8/2014||Colin Meadows||Director||Sell||56,000||$35.57||$1,991,920.00|| |
|3/11/2014||Gregory Mark Armour||Insider||Sell||30,000||$34.97||$1,049,100.00|| |
|3/6/2014||Colin Meadows||Director||Sell||50,000||$34.44||$1,722,000.00|| |
|11/22/2013||Kevin Carome||General Counsel||Sell||45,660||$33.65||$1,536,459.00|| |
|11/15/2013||John Michael Middlecott Banham||Director||Sell||3,975||$33.79||$134,315.25|| |
|11/13/2013||Andrew Tak Shing Lo||Director||Sell||150,000||$33.26||$4,989,000.00|| |
|11/12/2013||Philip Taylor||Director||Sell||150,000||$33.20||$4,980,000.00|| |
|8/12/2013||G Richard Wagoner, Jr.||Director||Buy||5,000||$32.52||$162,600.00|| |
|5/10/2013||Philip Taylor||Director||Sell||140,000||$33.78||$4,729,200.00|| |
|5/10/2013||Roderick G.H. Ellis||CAO||Sell||12,500||$33.75||$421,875.00|| |
Headline Trends for Invesco (NYSE:IVZ)
Latest Headlines for Invesco (NYSE:IVZ)
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Invesco (IVZ) Chart for Tuesday, October, 24, 2017