Virtus Investment stock hits 52-week low at $169.78

Published 13/03/2025, 16:46
Virtus Investment stock hits 52-week low at $169.78

In a challenging market environment, Virtus Investment Partners, Inc. (NYSE:VRTS) stock has touched a 52-week low, reaching a price level of $169.78. According to InvestingPro analysis, the stock appears undervalued, trading at an attractive P/E ratio of 10.02 while offering a substantial 5.22% dividend yield. The company has demonstrated remarkable dividend consistency, raising payouts for seven consecutive years. This latest dip underscores a period of bearish sentiment for the asset management firm, which has seen its shares decline by 26.38% over the past year. Investors are closely monitoring the company’s performance, as the broader financial sector grapples with economic headwinds and shifting investor preferences. The 52-week low serves as a critical indicator for market watchers and shareholders alike, who are gauging Virtus Investment’s potential for recovery or further decline in the coming months. Notably, analyst price targets suggest potential upside, with targets ranging from $198 to $252. For deeper insights and additional ProTips about VRTS, investors can access the comprehensive Pro Research Report available on InvestingPro.

In other recent news, Virtus Investment Partners reported its fourth-quarter 2024 financial results, revealing an adjusted earnings per share (EPS) of $7.50, which was slightly below the forecast of $7.62. Despite the earnings miss, the company exceeded revenue expectations with $223.5 million, surpassing the projected $214.06 million. Virtus also highlighted a 5% sequential decline in total assets under management, ending the quarter at $175 billion due to net outflows and market performance. The firm continues to innovate by launching new exchange-traded funds (ETFs) and global funds, which contributed to doubling its ETF assets to $3.1 billion over the past year. The operating margin reached 35.1%, marking its highest level since the second quarter of 2022. Additionally, Virtus reported a preliminary assets under management (AUM) total of $174.5 billion as of February 2025, attributing the decrease to market impacts and net outflows from U.S. retail mutual funds and retail separate accounts. Analysts and investors are keeping a close eye on the company’s strategic product introductions and potential mergers and acquisitions, with Virtus actively exploring opportunities in private market capabilities.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.