Virtus Investment Partners, Inc. (VRTS)

Last Closing Price: 225.34 (2024-04-19)

Company Description

Virtus Investment Partners, Inc., headquartered in Hartford, Connecticut, provides investment management products and services to individuals and institutions in the United States. . It operates a multi-manager asset management business, comprising a number of individual affiliated managers, each with a distinct investment style, autonomous investment process and individual brand. Investors have an array of needs and Virtus Investment Partners offers a variety of investment styles and multiple disciplines to meet those needs. The Company provides its products in a number of forms and through multiple distribution channels. Its retail products include open-end mutual funds, closed-end funds and separately managed accounts. The Company manages institutional accounts for corporations, multi-employer retirement funds and foundations, endowments, special purpose funds and other types of institutions.

Financials, Fundamental Metrics & Ratios
Revenue (Most Recent Fiscal Year) $845.27M
Net Income (Most Recent Fiscal Year) $130.62M
PE Ratio (Current Year Earnings Estimate) 8.07
PE Ratio (Trailing 12 Months) 10.01
PEG Ratio (Long Term Growth Estimate) --
Price to Sales Ratio (Trailing 12 Months) 1.87
Price to Book Ratio (Most Recent Quarterly Book Value per Share) 1.82
Price to Cash Ratio (Most Recent Annual Cash Flow per Share) 6.76
Pre-Tax Margin (Trailing 12 Months) 22.07%
Net Margin (Trailing 12 Months) 15.45%
Return on Equity (Trailing 12 Months) 18.83%
Return on Assets (Trailing 12 Months) 4.38%
Current Ratio (Most Recent Fiscal Quarter) 5.31
Quick Ratio (Most Recent Fiscal Quarter) 5.31
Debt to Common Equity (Most Recent Fiscal Quarter) 0.00
Inventory Turnover (Trailing 12 Months) --
Book Value per Share (Most Recent Fiscal Quarter) $120.85
Earnings per Share (Most Recent Fiscal Quarter) $6.11
Earnings per Share (Most Recent Fiscal Year) $21.95
Diluted Earnings per Share (Trailing 12 Months) $17.71
Stock
Exchange NYSE
Sector Financial Services
Industry Asset Management
Common Shares Outstanding 7.18M
Free Float 6.74M
Market Capitalization $1.58B
Average Volume (Last 20 Days) 0.04M
Beta (Past 60 Months) 1.52
Percentage Held By Insiders (Latest Annual Proxy Report) 6.10%
Percentage Held By Institutions (Latest 13F Reports) 80.52%
Annual Dividend (Based on Last Quarter) $7.60
Dividend Yield (Based on Last Quarter) 3.46%