Media coverage about Fortress Investment Group (NYSE:FIG) has trended positive this week, Accern Sentiment reports. The research group identifies positive and negative press coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Fortress Investment Group earned a media sentiment score of 0.31 on Accern’s scale. Accern also assigned media headlines about the asset manager an impact score of 50 out of 100, meaning that recent press coverage is somewhat likely to have an impact on the company’s share price in the near future.

These are some of the media headlines that may have impacted Accern’s scoring:

Shares of Fortress Investment Group (NYSE:FIG) traded up 0.12% on Monday, hitting $8.03. 6,749 shares of the stock were exchanged. The company’s 50 day moving average is $7.99 and its 200-day moving average is $7.14. Fortress Investment Group has a 52-week low of $4.50 and a 52-week high of $8.05. The stock has a market cap of $1.75 billion, a PE ratio of 20.75 and a beta of 1.96.

Fortress Investment Group (NYSE:FIG) last released its earnings results on Monday, May 8th. The asset manager reported $0.19 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.19. Fortress Investment Group had a net margin of 8.26% and a return on equity of 41.94%. The firm had revenue of $232.23 million for the quarter, compared to analyst estimates of $258.70 million. Analysts predict that Fortress Investment Group will post $0.76 EPS for the current fiscal year.

Separately, BidaskClub downgraded shares of Fortress Investment Group from a “buy” rating to a “hold” rating in a research note on Sunday. Six investment analysts have rated the stock with a hold rating, The company presently has a consensus rating of “Hold” and a consensus target price of $5.83.

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Fortress Investment Group Company Profile

Fortress Investment Group LLC (Fortress) is an investment management firm. The Company operates through segments, including private equity funds, permanent capital vehicles, credit hedge funds, credit PE funds, liquid hedge funds and Logan Circle. Its business is to sponsor the formation of, and provide investment management services for, various investment funds, permanent capital vehicles and related managed accounts (the Fortress Funds).

Insider Buying and Selling by Quarter for Fortress Investment Group (NYSE:FIG)

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