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Virtus Investment Partners Inc   (VRTS)
Other Ticker:  
 
    Sector  Financial    Industry Investment Services
   Industry Investment Services
   Sector  Financial


 

Virtus Investment Partners Inc

VRTS's Financial Statements and Analysis



Virtus Investment Partners Inc reported in the forth quarter of 2023 net earnings per share of $4.26 a decrease by -12.67 % year on year from $4.88 and an improvement of 1.61 % from $4.19 realized in III. Quarter (Sep 30 2023).


forth quarter of 2023
Earnings Per Share Revenues
$ 4.26 $  218 Mill
$-0.62     -12.67 % $+7M     +3.16 %



Virtus Investment Partners Inc 's Revenue rose by 3.16 % in forth quarter of 2023 (Dec 31 2023) year on year, to $218 million and declined by -1.75 % sequentially.


Virtus Investment Partners Inc is

More on VRTS's Income Statement



Virtus Investment Partners Inc 's net income of $38.499 million in the forth quarter of 2023 increased by 49.02 % from net earnings of $25.835 million achieved in IV. Quarter a year ago.

Sequentially net earnings grew by 0.9 % from net income of $38.154 million realized in previous quarter.

More on VRTS's Growth

Virtus Investment Partners Inc Inventories
In Dec 31 2023 company's net cash and cash equivalents decreased by $-65 million, capital expenditures fell by -1.087119.23%, to $-2 millions compare to same quarter a year ago

More on VRTS's Cash flow Statement


Virtus Investment Partners Inc payed out dividend of $7.05 per share in last 52 weeks representing 39.70 % of net earning per share in trailing twelve-month period.

During the same period Virtus Investment Partners Inc earned $ 32.15 cash per share, on a free-cash flow basis 181.05 % of net earning per share.

Book value grew by 0.13 % sequentially to $117.73 per share, 51.84% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 5.30 per share from $ 2.46.

Company repurchased 0.00 million shares or 0.05 % in Dec 31 2023.
Interest Coverage Ratio was 6.94. Debt Coverage Ratio was 0.81.

More on VRTS's Dividends

 Market Capitalization (Millions) 1,765
 Shares Outstanding (Millions) 7
 Total Debt (Millions $) 253
 Revenue (TTM) (Millions $) 858
 Net Income (TTM) (Millions $) 141
 Cash Flow (TTM) (Millions $) -248
 Capital Exp. (TTM) (Millions $) -9
 Dividend TTM ($) 7.05 $
 Dividend Yield TTM (%) 3.1 %
 Employees (TTM) $ 426




Virtus Investment Partners Inc payed out dividend of $7.05 per share in the last 52 weeks representing 39.70 % of net earning per share in trailing twelve-month period.

During the same period Virtus Investment Partners Inc had $ 32.15 cash flow per share, on a free-cash flow basis 181.05 % of net earning per share.

Book value grew by 0.13 % sequentially to $117.73 per share, 51.84% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 5.30 per share from $ 2.46.

Company repurchased 0.00 million shares or 0.05 % in Dec 31 2023.
Interest Coverage Ratio was 6.94. Debt Coverage Ratio was 0.81.

More on VRTS's Balance Sheets

 Market Capitalization (Millions) 1,765
 Shares Outstanding (Millions) 7
 Total Debt (Millions $) 253
 Revenue (TTM) (Millions $) 858
 Net Income (TTM) (Millions $) 141
 Cash Flow (TTM) (Millions $) -248
 Capital Exp. (TTM) (Millions $) -9
 Dividend TTM ($) 7.05 $
 Dividend Yield TTM (%) 3.1 %
 Employees (TTM) $ 426
   


  News about Virtus Investment Partners Inc Earnings

Virtus Investment Partners Inc Reports Declining EPS Amidst Revenue Growth in Q4 2023

Virtus Investment Partners Inc has recently reported declining earnings per share (EPS) on increasing revenue for the most recent fiscal period. Despite a 3.16% increase in revenue to $218.26 million compared to $211.57 million in the previous year, income fell by -12.67% to $4.26 per share, down from $4.88 per share in the same period a year before.
However, there are positive signs for the company as well. Net income for the October to December 31, 2023 period increased by 49.02% to $38.499 million from $25.835 million in the same period a year ago. Virtus Investment Partners Inc also highlighted improving profit margins, with a net margin of 17.64% and an operating margin of 35.28% for the same period...

Virtus Investment Partners Inc Shines: Revenue Soars as Earnings Take a Hit in Q3 2023

Virtus Investment Partners Inc, a prominent Investment Services company, recently released its financial results for the third quarter of 2023, showcasing a mix of positive and negative trends. While the company's revenue grew by 5.145% to $222.14 million compared to the same period last year, its profitability slightly declined by -1.41% to $4.19 per share.
Although the company experienced a surge in business below its Investment Services sector peers, with an average 5.96% improvement from the third quarter of 2022, the growth rate in revenue was slower, increasing by 2.744% from the preceding reporting period. Similarly, the income only improved by 2.2% from $4.10 per share. It is worth noting that Vi...

Virtus Investment Partners Inc's Surprising Earnings Surge Despite Drop in Revenue



Virtus Investment Partners Inc, a prominent player in the Investment Services sector, recently released its financial results for the fiscal second quarter of 2023. While the company witnessed a decline in revenue, it managed to increase its earnings per share. In this article, we will interpret these results and explore how they might impact the company's future.
Revenue and Earnings per Share Performance:
In the fiscal second quarter of 2023, Virtus Investment Partners Inc experienced a modest decrease in revenue, dropping by -0.908% to $216.21 million compared to the previous year. Despite this decline, the company showcased an impressive improvement in its earnings per share. Income per...

Virtus Investment Partners Inc Soars with a 23.46% Surge in EPS for Q1 2023

Virtus Investment Partners Inc. (VRTS) has reported impressive financial results for the first quarter of 2023, with profitability up by 23.46%, stan...


Date modified: 2024-02-29T18:51:31+00:00





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