VRTS Virtus Investment Partners Inc

  1. Stocks
  2. Financial Services
  3. NASDAQ: VRTS

Price (delayed)

$234.48

Market cap

$1.67B

P/E Ratio

13.88

Dividend/share

$7.35

EPS

$16.89

Enterprise value

$3.6B

Virtus Investment Partners is a distinctive partnership of boutique investment managers singularly committed to the long-term success of individual and institutional investors. The company provides investment management products and services ...

Highlights
The company's debt fell by 6% YoY
VRTS's gross profit is up by 4.5% year-on-year and by 2.9% since the previous quarter
The stock's P/E is 18% above its 5-year quarterly average of 12.3 and 17% above its last 4 quarters average of 12.4
VRTS's net income is down by 7% since the previous quarter
Sector: Financial Services
Industry: Asset Management
Website: http://www.virtus.com
Peers: CG APAM CNS AB

Key stats

What are the main financial stats of VRTS
Market
Shares outstanding
7.13M
Market cap
$1.67B
Enterprise value
$3.6B
Valuations
Price to earnings (P/E)
13.88
Price to book (P/B)
1.91
Price to sales (P/S)
1.92
EV/EBIT
10.24
EV/EBITDA
8.53
EV/Sales
4.14
Earnings
Revenue
$869.44M
EBIT
$351.32M
EBITDA
$422.01M
Free cash flow
$236.29M
Per share
EPS
$16.89
Free cash flow per share
$33.19
Book value per share
$122.98
Revenue per share
$122.13
TBVPS
$384.08
Balance sheet
Total assets
$3.55B
Total liabilities
$2.56B
Debt
$2.18B
Equity
$871.65M
Working capital
N/A
Liquidity
Debt to equity
2.5
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
4.57
Margins
EBITDA margin
48.5%
Gross margin
100%
Net margin
14%
Operating margin
17.2%
Efficiency
Return on assets
3.3%
Return on equity
14.1%
Return on invested capital
7.5%
Return on capital employed
N/A
Return on sales
40.4%
Dividend
Dividend yield
3.13%
DPS
$7.35
Payout ratio
43.5%

VRTS stock price

How has the Virtus Investment Partners stock price performed over time
Intraday
-4.6%
1 week
-2.42%
1 month
6.42%
1 year
8.13%
YTD
-3.01%
QTD
3.82%

Financial performance

How have Virtus Investment Partners's revenue and profit performed over time
Revenue
$869.44M
Gross profit
$869.44M
Operating income
$149.7M
Net income
$121.86M
Gross margin
100%
Net margin
14%
VRTS's operating margin is down by 15% YoY
VRTS's operating income is down by 11% YoY but it is up by 2.6% QoQ
The company's net margin fell by 10% QoQ and by 5% YoY
VRTS's net income is down by 7% since the previous quarter

Growth

What is Virtus Investment Partners's growth rate over time

Valuation

What is Virtus Investment Partners stock price valuation
VRTS P/E details
P/E
13.88
P/B
1.91
P/S
1.92
EV/EBIT
10.24
EV/EBITDA
8.53
EV/Sales
4.14
The stock's P/E is 18% above its 5-year quarterly average of 12.3 and 17% above its last 4 quarters average of 12.4
Virtus Investment Partners's EPS has decreased by 6% QoQ
VRTS's price to book (P/B) is 5% more than its 5-year quarterly average of 1.9 and 5% more than its last 4 quarters average of 1.9
The company's equity rose by 4% YoY
The P/S is 6% higher than the 5-year quarterly average of 1.9 and 6% higher than the last 4 quarters average of 1.9
The revenue has grown by 4.5% YoY and by 2.9% from the previous quarter

Efficiency

How efficient is Virtus Investment Partners business performance
The ROIC has grown by 21% YoY
Virtus Investment Partners's return on sales has increased by 15% YoY but it has decreased by 3.6% QoQ
Virtus Investment Partners's ROE has decreased by 8% from the previous quarter and by 7% YoY
The return on assets has declined by 6% since the previous quarter

Dividends

What is VRTS's dividend history
Dividend details
DPS
$7.35
Dividend yield
3.13%
Payout ratio
43.5%
Recent dividends

Financial health

How did Virtus Investment Partners financials performed over time
Virtus Investment Partners's total assets is 39% higher than its total liabilities
VRTS's total liabilities is down by 7% YoY and by 5% QoQ
Virtus Investment Partners's total assets has decreased by 4.1% YoY and by 3.5% QoQ
The company's debt is 150% higher than its equity
The debt to equity has declined by 9% year-on-year
The company's debt fell by 6% YoY

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.