Virtus Investment Partners VRTS
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Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Virtus Investment Partners (VRTS) Business Model and Operations Summary
Virtus Investment Partners Inc provides investment management and related services to institutions and individuals. It uses a multi-manager, multi-style approach, offering investment strategies from investment managers, each having its distinct investment style, autonomous investment process, and individual brand, as well as from select unaffiliated managers for certain funds. Through its multi-manager model, the group provides investment managers with distribution, business, and operational support. The Company operates in one business segment, namely as an asset manager providing investment management and related services for individual and institutional clients.
Key Insights
Virtus Investment Partners (VRTS) Core Market Data and Business Metrics
Latest Closing Price
$175.01Market Cap
$1.22 BillionPrice-Earnings Ratio
10.36Total Outstanding Shares
7.02 Million SharesTotal Employees
824Dividend
$2.25 Per Share QuarterlyIPO Date
December 8, 1993SIC Description
Investment AdvicePrimary Exchange
New York Stock ExchangeHeadquarters
One Financial Plaza, Hartford, CT, 06103
Historical Stock Splits
| Execution Date | Split Amount |
|---|---|
| No Historical Stock Splits | |
Short Interest
Track Short Interest Levels to Gauge Bearish Market Sentiment and Short Squeeze Potential
| Avg Daily Volume | Days to Cover | Settlement Date | Short Interest |
|---|---|---|---|
| 43,448 Shares | 1.82 | 3/14/2025 | 79,196 Shares |
| 40,121 Shares | 1.76 | 2/28/2025 | 70,533 Shares |
| 36,885 Shares | 1.88 | 2/14/2025 | 69,363 Shares |
| 41,713 Shares | 1.63 | 1/31/2025 | 67,854 Shares |
| 34,894 Shares | 2.13 | 1/15/2025 | 74,354 Shares |
| 49,521 Shares | 1.45 | 12/31/2024 | 71,823 Shares |
Cash Flow Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Exchange Gains/Losses | $-456,000 |
| Net Cash Flow From Operating Activities | $1.75 Million |
| Net Cash Flow From Investing Activities | $-16.95 Million |
| Net Cash Flow From Investing Activities, Continuing | $-16.95 Million |
| Net Cash Flow, Continuing | $59.75 Million |
| Net Cash Flow From Financing Activities | $74.95 Million |
Income Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Basic Earnings Per Share | $17.19 |
| Income/Loss From Continuing Operations Before Tax | $207.88 Million |
| Income/Loss Before Equity Method Investments | $205.16 Million |
| Income/Loss From Equity Method Investments | $2.71 Million |
| Net Income/Loss | $152.45 Million |
| Net Income/Loss Available To Common Stockholders, Basic | $121.75 Million |
Comprehensive Income
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Other Comprehensive Income/Loss | $-277,000 |
| Comprehensive Income/Loss | $152.18 Million |
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $30.71 Million |
| Comprehensive Income/Loss Attributable To Parent | $121.47 Million |
Balance Sheet
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Equity | $901.64 Million |
| Current Assets | $3.99 Billion |
| Liabilities | $2.99 Billion |
| Fixed Assets | $22.72 Million |
| Intangible Assets | $378.23 Million |
| Noncurrent Liabilities | $0 |
Historical Dividends
Current dividend: $2.25 Per Share Quarterly
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| Feb 27, 2025 | May 14, 2025 | Apr 30, 2025 | $2.25 | Quarterly |
| Dec 12, 2024 | Feb 12, 2025 | Jan 31, 2025 | $2.25 | Quarterly |
| Aug 15, 2024 | Nov 13, 2024 | Oct 31, 2024 | $2.25 | Quarterly |
| May 16, 2024 | Aug 15, 2024 | Jul 31, 2024 | $1.9 | Quarterly |
| Feb 22, 2024 | May 15, 2024 | Apr 30, 2024 | $1.9 | Quarterly |
| Aug 17, 2023 | Nov 15, 2023 | Oct 31, 2023 | $1.9 | Quarterly |