$0.99 EPS Expected for Victory Capital Holdings, Inc. (NASDAQ:VCTR) This Quarter

Equities research analysts forecast that Victory Capital Holdings, Inc. (NASDAQ:VCTR – Get Rating) will report $0.99 earnings per share for the current fiscal quarter, Zacks Investment Research reports. Four analysts have issued estimates for Victory Capital’s earnings, with the lowest EPS estimate coming in at $0.11 and the highest estimate coming in at $1.28. Victory Capital reported earnings per share of $1.18 in the same quarter last year, which suggests a negative year over year growth rate of 16.1%. The company is scheduled to report its next quarterly earnings report on Monday, January 1st.

According to Zacks, analysts expect that Victory Capital will report full year earnings of $4.83 per share for the current year, with EPS estimates ranging from $4.50 to $5.09. For the next year, analysts anticipate that the business will post earnings of $5.18 per share, with EPS estimates ranging from $4.51 to $5.74. Zacks Investment Research’s earnings per share averages are an average based on a survey of analysts that that provide coverage for Victory Capital.

Victory Capital (NASDAQ:VCTR – Get Rating) last issued its quarterly earnings results on Thursday, May 5th. The company reported $1.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.18 by ($0.10). The company had revenue of $230.02 million during the quarter, compared to the consensus estimate of $238.87 million. Victory Capital had a return on equity of 38.45% and a net margin of 31.35%.

VCTR has been the subject of several recent research reports. Royal Bank of Canada lowered their target price on shares of Victory Capital from $49.00 to $44.00 in a research note on Tuesday, February 15th. BMO Capital Markets lowered their target price on shares of Victory Capital from $53.00 to $48.00 and set an “outperform” rating for the company in a research note on Monday, February 14th. Morgan Stanley lowered their target price on shares of Victory Capital from $29.00 to $28.00 and set an “underweight” rating for the company in a research note on Tuesday, April 26th. Zacks Investment Research upgraded shares of Victory Capital from a “sell” rating to a “hold” rating in a research note on Thursday, May 12th. Finally, B. Riley restated a “buy” rating and set a $36.00 price target on shares of Victory Capital in a research report on Monday. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $37.50.

A number of hedge funds have recently bought and sold shares of VCTR. Crestview Partners II GP L.P. acquired a new stake in Victory Capital in the fourth quarter worth about $1,135,008,000. Van Berkom & Associates Inc. lifted its holdings in Victory Capital by 2,470.3% in the 4th quarter. Van Berkom & Associates Inc. now owns 1,501,719 shares of the company’s stock valued at $54,858,000 after acquiring an additional 1,443,293 shares during the last quarter. Vanguard Group Inc. lifted its holdings in Victory Capital by 110.6% in the 1st quarter. Vanguard Group Inc. now owns 1,564,346 shares of the company’s stock valued at $45,162,000 after acquiring an additional 821,522 shares during the last quarter. TimesSquare Capital Management LLC lifted its holdings in Victory Capital by 40.3% in the 4th quarter. TimesSquare Capital Management LLC now owns 1,390,344 shares of the company’s stock valued at $50,789,000 after acquiring an additional 399,612 shares during the last quarter. Finally, Gillson Capital LP lifted its holdings in Victory Capital by 1,780.0% in the 1st quarter. Gillson Capital LP now owns 405,681 shares of the company’s stock valued at $11,712,000 after acquiring an additional 384,102 shares during the last quarter. 68.66% of the stock is owned by institutional investors and hedge funds.

Shares of NASDAQ:VCTR opened at $26.64 on Friday. The company has a current ratio of 0.35, a quick ratio of 0.35 and a debt-to-equity ratio of 1.08. The company has a fifty day simple moving average of $28.25 and a 200 day simple moving average of $32.22. The firm has a market cap of $1.83 billion, a PE ratio of 6.94, a price-to-earnings-growth ratio of 0.76 and a beta of 1.06. Victory Capital has a 12-month low of $23.36 and a 12-month high of $43.09.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 27th. Investors of record on Friday, June 10th will be issued a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 3.75%. The ex-dividend date is Thursday, June 9th. Victory Capital’s payout ratio is currently 26.04%.

About Victory Capital (Get Rating)

Victory Capital Holdings, Inc, together with its subsidiaries, operates as an asset management company worldwide. It offers investment advisory, 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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