Reading the tape
NASDAQ: VRTS
Virtus Investment Partners, Inc.
Financial Services · Asset Management
Market Cap
$975.60M
52w High
$215.06
52w Low
$121.61
P/E
7.11
Volume
75.64K
Outstanding Shares
6.70M
Price vs Fundamentals
Why The Stock Is Moving
Mixed / unclearLow confidence
Note: The most recent financial data is over 3 months old. Metrics shown may not reflect the latest reporting period.
1Y Price: -5.23%Revenue (TTM): -8%FCF (TTM): -1,657.3%P/E: 0th pct
What changed
The stock fell 5.23% over the last year. Revenue declined 8% over the trailing twelve months. Operating margin moved from 20.21% to 17.44%. Free cash flow declined 1,657.3% over the trailing twelve months.
What the market seems to be pricing
The stock has moved lower against modestly weakening underlying metrics. The operating data does not yet tell a clear story — the move may reflect sentiment, sector rotation, or macro factors rather than company-specific earnings power.
What would invalidate this read
Operating margin currently stands at 17.44%. A decisive move in revenue — currently down 8% — would be the clearest signal to resolve the ambiguity.
Company profile
Virtus Investment Partners, Inc. is a publicly owned investment manager.
CEORichard William Smirl
SectorFinancial Services
IndustryAsset Management
Employees805
IPO dateJan 2, 2009
Valuation
Forward P/E—
EV/EBITDA8.50
Enterprise value$3.48B
Price / Book1.04
Stock splits
No stock splits recorded for this ticker.
Profitability & growth
Standard profitability metrics can be misleading for financial/insurance companies. GAAP requires unrealized investment gains/losses in net income (affecting ROE), and margins are blended across diverse business segments.
Revenue growth-18.64%
Gross margin74.89%▲43.78%vs FY2024
Operating margin17.44%▼13.71%vs FY2024
ROE14.82%▲9.23%vs FY2024
Analyst consensus
RatingHold
Target price$163.00▲11.87%
4
Buy
5
Hold
2
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
May 1, 2026
Q2 FY26 · EPS est $5.28 · Revenue est $179.43M
View
Dividends
$9.45/shareQuarterlyDividend Achiever · 11yrAt RiskVRTS pays a dividend with a 6.49% dividend yield, 11 consecutive years of growth, growing at 24.73% annually, covered -1.1× by free cash flow.
Dividend Yield
6.49%
Annual Div / Share
$9.45
5yr CAGR
+24.73%
Doubles every ~3.1yr
Payout Ratio
46.68%
At Risk
Dividend Growth Rate
3yr CAGR
+13.58%
5yr CAGR
+24.73%
10yr CAGR
+18.04%
Dividend Safety
4/10At Risk
Dividend History
Annualized dividend cycles per share
YearAnnual DivYoY
2026$9.45+9.2%
2025$8.65+17.7%
2024$7.35+14.0%
2023$6.45+21.2%
2022$5.32+70.0%
2021$3.13+22.3%
2020$2.56+21.9%
Income Projection
Invest
$
Growth rate:
Reinvest dividends
Today
$65/yr
$5/mo
In 5 yrs
$114/yr+76%
$10/mo
In 10 yrs
$201/yr+211%
$17/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$65/yr $5/mo | $114/yr+76% $10/mo | $201/yr+211% $17/mo |
Long-range projections use a capped 12% annual growth assumption.
Yield-on-cost grows from 6.49% → 20.14% over 10yr
Analysis
Dividend Strengths
Dividend Achiever
VRTS has raised its dividend for 11 consecutive years — qualifying as a Dividend Achiever, demonstrating long-term commitment to shareholder income.
Strong dividend growth rate
The 5-year CAGR of 24.73% meaningfully outpaces inflation, compounding real income growth for long-term holders.
Risks to Watch
Dividend exceeds free cash flow
Free cash flow covers only -1.15× the dividend. The company is paying out more than it generates in cash, which is unsustainable without borrowing or asset sales.