About Invesco PLC (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: Finance
- Industry: Wealth Management
- Sub-Industry: Asset Management & Custody Banks
- Symbol: NYSE:IVZ
- CUSIP: G491BT10
- Web: www.invesco.com
- Market Cap: $14.70911 billion
- Outstanding Shares: 406,891,000
- 50 Day Moving Avg: $33.92
- 200 Day Moving Avg: $33.52
- 52 Week Range: $27.46 - $36.84
Sales & Book Value:
- Trailing P/E Ratio: 16.19
- Foreward P/E Ratio: 12.70
- P/E Growth: 0.98
- Annual Revenue: $4.84 billion
- Price / Sales: 3.05
- Book Value: $19.59 per share
- Price / Book: 1.85
- Annual Dividend: $1.16
- Dividend Yield: 3.2%
- EBITDA: $1.37 billion
- Net Margins: 18.98%
- Return on Equity: 12.74%
- Return on Assets: 3.82%
- Debt-to-Equity Ratio: 0.73%
- Current Ratio: 1.54%
- Quick Ratio: 1.54%
- Average Volume: 2.43 million shs.
- Beta: 1.8
- Short Ratio: 2.2
Frequently Asked Questions for Invesco PLC (NYSE:IVZ)
What is Invesco PLC's stock symbol?
Invesco PLC trades on the New York Stock Exchange (NYSE) under the ticker symbol "IVZ."
How often does Invesco PLC pay dividends? What is the dividend yield for Invesco PLC?
Invesco PLC declared 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 annualized dividend and a dividend yield of 3.19%. The ex-dividend date is Tuesday, August 15th. View Invesco PLC's Dividend History.
How were Invesco PLC's earnings last quarter?
Invesco PLC (NYSE:IVZ) announced its quarterly earnings data on Thursday, July, 27th. The company reported $0.64 earnings per share for the quarter, beating the consensus estimate of $0.61 by $0.03. The business had revenue of $906.30 million for the quarter, compared to analysts' expectations of $891.19 million. Invesco PLC had a return on equity of 12.74% and a net margin of 18.98%. Invesco PLC's revenue for the quarter was up 4.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.56 EPS. View Invesco PLC's Earnings History.
When will Invesco PLC make its next earnings announcement?
Where is Invesco PLC's stock going? Where will Invesco PLC's stock price be in 2017?
11 brokerages have issued 1-year price targets for Invesco PLC's stock. Their predictions range from $33.00 to $41.00. On average, they expect Invesco PLC's stock price to reach $37.95 in the next twelve months. View Analyst Ratings for Invesco PLC.
What are analysts saying about Invesco PLC stock?
Here are some recent quotes from research analysts about Invesco PLC 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 PLC's key competitors?
Some companies that are related to Invesco PLC include SunTrust Banks (STI), Progressive Corporation (The) (PGR), Moody's Corporation (MCO), ICICI Bank Limited (IBN), Welltower (HCN), Mitsubishi Estate (MITEY), TD Ameritrade Holding Corporation (AMTD), AvalonBay Communities (AVB), Franklin Resources (BEN), M&T Bank Corporation (MTB), Equity Residential (EQR), Synchrony Financial (SYF), Sun Life Financial (SLF), AMERIPRISE FINANCIAL SERVICES, INC. (AMP), T. Rowe Price Group (TROW), Ventas (VTR), Orix Corp Ads (IX) and Nomura Holdings Inc ADR (NMR).
Who are Invesco PLC's key executives?
Invesco PLC'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
How do I buy Invesco PLC stock?
Shares of Invesco PLC 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 PLC's stock price today?
MarketBeat Community Rating for Invesco PLC (NYSE IVZ)MarketBeat's community ratings are surveys of what our community members think about Invesco PLC 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 PLC stock can currently be purchased for approximately $36.32.
Consensus Ratings for Invesco PLC (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 (4.49% upside)|Consensus Price Target History for Invesco PLC (NYSE:IVZ)
Analysts' Ratings History for Invesco PLC (NYSE:IVZ)
(Data available from 10/17/2015 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|
|10/21/2015||Argus||Lower Price Target||Buy||$46.00 -> $38.00||N/A|
Earnings History for Invesco PLC (NYSE:IVZ)Earnings History by Quarter for Invesco PLC (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 PLC (NYSE:IVZ)
2017 EPS Consensus Estimate: $2.50
2018 EPS Consensus Estimate: $2.64
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Invesco PLC (NYSE:IVZ)
|Most Recent Dividend:||9/1/2017|
|Dividend Growth:||9.40% (3 Year Average)|
|Payout Ratio:||52.02% (Trailing 12 Months of Earnings) |
44.79% (Based on This Year's Estimates)
40.56% (Based on Next Year's Estimates)
|Track Record:||8 Years of Consecutive Dividend Growth|
Dividend History by Quarter for Invesco PLC (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 PLC (NYSE:IVZ)
Insider Ownership Percentage: 1.80%Insider Trades by Quarter for Invesco PLC (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 PLC (NYSE:IVZ)
Latest Headlines for Invesco PLC (NYSE:IVZ)
Invesco PLC (IVZ) Chart for Tuesday, October, 17, 2017