NYSE:IVZInvesco Stock Price, Forecast & News

$9.46

+0.31 (+3.39 %)

(As of 06/4/2020 02:49 PM ET)

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Today's Range

$8.88

Now: $9.46▼

$9.49

50-Day Range

$6.70

MA: $7.99▼

$9.81

52-Week Range

$6.38

Now: $9.46▼

$21.09

Volume4.81 million shs

Average Volume7.56 million shs

Market Capitalization$4.34 billion

P/E Ratio9.27

Dividend Yield7.41%

Beta1.45

Invesco Ltd. is a publicly owned investment manager. The firm provides its services to retail clients, institutional clients, high-net worth clients, public entities, corporations, unions, non-profit organizations, endowments, foundations, pension funds, financial institutions, and sovereign wealth funds. It manages separate client-focused equity and fixed income portfolios. The firm also launches equity, fixed income, commodity, multi-asset, and balanced mutual funds for its clients. It launches equity, fixed income, multi-asset, and balanced exchange-traded funds. The firm also launches and manages private funds. It invests in the public equity and fixed income markets across the globe. The firm also invests in alternative markets, such as commodities and currencies. For the equity portion of its portfolio, it invests in growth and value stocks of large-cap, mid-cap, and small-cap companies. For the fixed income portion of its portfolio, the firm invests in convertibles, government bonds, municipal bonds, treasury securities, and cash. It also invests in short term and intermediate term bonds, investment grade and high yield bonds, taxable and tax-free bonds, senior secured loans, and structured securities such as asset-backed securities, mortgage-backed securities, and commercial mortgage-backed securities. The firm employs absolute return, global macro, and long/short strategies. It employs quantitative analysis to make its investments. The firm was formerly known as Invesco Plc, AMVESCAP plc, Amvesco plc, Invesco PLC, Invesco MIM, and H. Lotery & Co. Ltd. Invesco Ltd. was founded in December 1935 and is based in Atlanta, Georgia with an additional office in Hamilton, Bermuda.

Beat the Market (BTM) Rank^™

3.0 Analyst's Opinion

Consensus Rating
Invesco has received a consensus rating of Hold. The company's average rating score is 1.93, and is based on 2 buy ratings, 10 hold ratings, and 3 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $11.37, Invesco has a potential upside of 21.4% from its current price of $9.36.
Amount of Analyst Coverage
Invesco has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.9 Community Rank

Outperform Votes
Invesco has received 806 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Invesco has received 579 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Invesco has received 58.19% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Invesco and other stocks. Vote “Outperform” if you believe IVZ will outperform the S&P 500 over the long term. Vote “Underperform” if you believe IVZ will underperform the S&P 500 over the long term. You may vote once every thirty days.

5.0 Dividend Strength

Dividend Leadership
Invesco is a leading dividend payer. It pays a dividend yield of 7.41%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Invesco has been increasing its dividend for 11 years.
Dividend Coverage
The dividend payout ratio of Invesco is 24.31 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Invesco will have a dividend payout ratio of 39.24 % next year. This indicates that Invesco will be able to sustain or increase its dividend.

4.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Invesco insiders have bought more of their company's stock than they have sold. Specifically, they have bought $100,394.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 1.89% of the stock of Invesco is held by insiders.
Percentage Held by Institutions
65.42% of the stock of Invesco is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1 Earnings and Valuation

Earnings Growth
Earnings for Invesco are expected to grow by 8.22% in the coming year, from $1.46 to $1.58 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Invesco is 9.18, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 16.28.
Price to Earnings Ratio vs. Sector
The P/E ratio of Invesco is 9.18, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.97.
Price to Earnings Growth Ratio
Invesco has a PEG Ratio of 0.96. PEG Ratios around 1 indicate that a company is correctly valued.
Price to Book Value per Share Ratio
Invesco has a P/B Ratio of 0.41. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

3.60 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Investment advice

Sub-IndustryAsset Management & Custody Banks

SectorFinance

Current SymbolNYSE:IVZ

Previous Symbol

CUSIPG491BT10

CIK914208

Webwww.invesco.com

Phone404-892-0896

Debt

Debt-to-Equity Ratio0.88

Current Ratio1.71

Quick Ratio1.71

Price-To-Earnings

Trailing P/E Ratio9.27

Forward P/E Ratio6.48

P/E Growth0.96

Sales & Book Value

Annual Sales$6.12 billion

Price / Sales0.71

Cash Flow$3.56 per share

Price / Cash Flow2.66

Book Value$22.74 per share

Price / Book0.42

Profitability

EPS (Most Recent Fiscal Year)$2.55

Net Income$688.30 million

Net Margins8.12%

Return on Equity11.04%

Return on Assets2.92%

Miscellaneous

Employees8,821

Outstanding Shares458,890,000

Market Cap$4.34 billion

Next Earnings Date7/23/2020 (Estimated)

OptionableOptionable

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Invesco (NYSE:IVZ) Frequently Asked Questions

How has Invesco's stock been impacted by COVID-19 (Coronavirus)?

Invesco's stock was trading at $11.16 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, IVZ stock has decreased by 16.1% and is now trading at $9.36. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Invesco?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Invesco in the last year. There are currently 3 sell ratings, 10 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Invesco.

When is Invesco's next earnings date?

Invesco is scheduled to release its next quarterly earnings announcement on Thursday, July 23rd 2020. View our earnings forecast for Invesco.

How were Invesco's earnings last quarter?

Invesco Ltd. (NYSE:IVZ) announced its earnings results on Thursday, April, 23rd. The asset manager reported $0.34 EPS for the quarter, missing the consensus estimate of $0.52 by $0.18. The asset manager had revenue of $1.15 billion for the quarter, compared to analyst estimates of $1.17 billion. Invesco had a return on equity of 11.04% and a net margin of 8.12%. The firm's quarterly revenue was up 29.2% on a year-over-year basis. During the same quarter last year, the business earned $0.56 EPS. View Invesco's earnings history.

How often does Invesco pay dividends? What is the dividend yield for Invesco?

Invesco announced a quarterly dividend on Wednesday, January 29th. Shareholders of record on Thursday, February 13th will be given a dividend of $0.31 per share on Monday, March 2nd. This represents a $1.24 dividend on an annualized basis and a dividend yield of 13.25%. The ex-dividend date of this dividend is Wednesday, February 12th. View Invesco's dividend history.

What price target have analysts set for IVZ?

15 Wall Street analysts have issued 12 month price objectives for Invesco's stock. Their forecasts range from $5.50 to $23.00. On average, they expect Invesco's share price to reach $11.37 in the next year. This suggests a possible upside of 21.4% from the stock's current price. View analysts' price targets for Invesco.

Has Invesco been receiving favorable news coverage?

News articles about IVZ stock have trended somewhat negative on Thursday, according to InfoTrie Sentiment. The research group ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Invesco earned a news impact score of -1.0 on InfoTrie's scale. They also gave press coverage about the asset manager a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the immediate future. View the latest news aboutInvesco.

Who are some of Invesco's key competitors?

Some companies that are related to Invesco include BlackRock (BLK), Bank of New York Mellon (BK), T. Rowe Price Group (TROW), State Street (STT), Ameriprise Financial (AMP), Northern Trust (NTRS), Franklin Resources (BEN), SEI Investments (SEIC), Ares Capital (ARCC), Eaton Vance (EV), Legg Mason (LM), Affiliated Managers Group (AMG), Cohen & Steers (CNS), Federated Investors (FII) and Main Street Capital (MAIN). View all competitors.

What other stocks do shareholders of Invesco own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Invesco investors own include AT&T (T), Exxon Mobil (XOM), AbbVie (ABBV), Intel (INTC), Altria Group (MO), Verizon Communications (VZ), Walt Disney (DIS), IBM (IBM), Gilead Sciences (GILD) and Pfizer (PFE).

Who are Invesco's key executives?

Invesco's management team includes the following people:

Mr. Martin L. Flanagan CFA, CPA, Pres, CEO & Director (Age 59)
Mr. Loren Michael Starr, Sr. MD & CFO (Age 57)
Mr. Gregory Gerard McGreevey CFA, Sr. Managing Director of Investments (Age 56)
Mr. Andrew Tak Shing Lo, Sr. MD & Head of Invesco Asia Pacific (Age 57)
Mr. Philip Alexander Taylor, Vice Chair (Age 65)

What is Invesco's stock symbol?

Invesco trades on the New York Stock Exchange (NYSE) under the ticker symbol "IVZ."

Who are Invesco's major shareholders?

Invesco's stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (8.42%), State Street Corp (4.06%), Bank of New York Mellon Corp (2.57%), Geode Capital Management LLC (1.71%), Federated Hermes Inc. (1.50%) and Kiltearn Partners LLP (1.07%). Company insiders that own Invesco stock include Ben F Johnson III, C Robert Henrikson, G Richard Wagoner Jr, Ltd Invesco and Rod Canion. View institutional ownership trends for Invesco.

Which institutional investors are selling Invesco stock?

IVZ stock was sold by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, Kiltearn Partners LLP, CWM LLC, AXA, Morgan Stanley, Morgan Stanley, BlackRock Inc., and Wells Fargo & Company MN. View insider buying and selling activity for Invesco.

Which institutional investors are buying Invesco stock?

IVZ stock was bought by a variety of institutional investors in the last quarter, including Prudential PLC, Contrarius Investment Management Ltd, Bank of New York Mellon Corp, Parametric Portfolio Associates LLC, Squarepoint Ops LLC, OLD Republic International Corp, Lord Abbett & CO. LLC, and Johnson Investment Counsel Inc.. Company insiders that have bought Invesco stock in the last two years include Ben F Johnson III, C Robert Henrikson, G Richard Wagoner Jr, Ltd Invesco, and Rod Canion. View insider buying and selling activity for Invesco.

How do I buy shares of Invesco?

Shares of IVZ 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, Robinhood, Fidelity, and Charles Schwab.

What is Invesco's stock price today?

One share of IVZ stock can currently be purchased for approximately $9.36.

How big of a company is Invesco?

Invesco has a market capitalization of $4.30 billion and generates $6.12 billion in revenue each year. The asset manager earns $688.30 million in net income (profit) each year or $2.55 on an earnings per share basis. Invesco employs 8,821 workers across the globe.

What is Invesco's official website?

The official website for Invesco is www.invesco.com.

How can I contact Invesco?

Invesco's mailing address is 1555 PEACHTREE STREET NE SUITE 1800, ATLANTA GA, 30309. The asset manager can be reached via phone at 404-892-0896 or via email at [email protected]

This page was last updated on 6/4/2020 by MarketBeat.com Staff