Victory Capital (VCTR) Set to Announce Earnings on Thursday


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Victory Capital (NASDAQ:VCTR) will be issuing its quarterly earnings data after the market closes on Thursday, May 6th. Analysts expect the company to announce earnings of $1.05 per share for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

Victory Capital (NASDAQ:VCTR) last posted its earnings results on Tuesday, February 9th. The company reported $1.07 EPS for the quarter, beating the Zacks’ consensus estimate of $1.02 by $0.05. The firm had revenue of $200.39 million for the quarter, compared to the consensus estimate of $196.47 million. Victory Capital had a net margin of 24.60% and a return on equity of 42.30%. On average, analysts expect Victory Capital to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

NASDAQ VCTR opened at $28.17 on Tuesday. Victory Capital has a 12 month low of $12.97 and a 12 month high of $29.65. The company has a debt-to-equity ratio of 1.24, a current ratio of 0.65 and a quick ratio of 0.65. The company has a market capitalization of $1.91 billion, a price-to-earnings ratio of 10.63, a price-to-earnings-growth ratio of 0.42 and a beta of 1.04. The firm’s fifty day moving average price is $27.12 and its 200 day moving average price is $23.64.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 25th. Shareholders of record on Wednesday, March 10th were given a dividend of $0.09 per share. This is an increase from Victory Capital’s previous quarterly dividend of $0.07. This represents a $0.36 annualized dividend and a yield of 1.28%. The ex-dividend date was Tuesday, March 9th. Victory Capital’s dividend payout ratio (DPR) is presently 14.52%.

Several research analysts have issued reports on VCTR shares. TheStreet raised shares of Victory Capital from a “d+” rating to a “c-” rating in a research report on Monday, February 8th. Zacks Investment Research upgraded shares of Victory Capital from a “hold” rating to a “buy” rating and set a $24.00 target price for the company in a research note on Saturday, January 30th. B. Riley raised their target price on shares of Victory Capital from $29.00 to $32.00 and gave the stock a “buy” rating in a research note on Wednesday, April 21st. Morgan Stanley raised their target price on shares of Victory Capital from $23.00 to $25.00 and gave the stock an “underweight” rating in a research note on Wednesday, April 14th. Finally, Bank of America upgraded shares of Victory Capital from an “underperform” rating to a “buy” rating and raised their target price for the stock from $24.00 to $32.00 in a research note on Thursday, April 15th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and five have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $25.14.

Victory Capital Company Profile

Victory Capital Holdings, Inc, together with its subsidiaries, operates as an asset management company worldwide. It offers investment management, fund administration, fund compliance, fund transfer agent, and fund distribution services. The company provides specialized investment strategies to institutions, intermediaries, retirement platforms, and individual investors.

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Earnings History for Victory Capital (NASDAQ:VCTR)

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