Fortress Investment Group Ll: (NYSE: FIG)

$7.21

-0.04 (-0.55%)

Volume 30,974

Jun 19 09:44 AM ET

Zacks Rank: 2-Buy

 
#2
 
 
 

Overview Quote

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Stock Activity

Day Low - High 7.21 - 7.26
52wk Low - High 3.02 - 7.66
Previous Close 7.25
Avg. Volume 1,288,275
Industry FIN-INVEST MGMT
Market Cap 3.53 B
Div - Yield 0.24 - 3.31
Beta 2.40
P/E (F1) 10.14
Current Year Est. 0.71
Quarterly Earnings ESP 17.65%

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Zacks Industry Rank

61 out of 265

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Updated as of 06/14/2013

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Key Earnings Data

P/E (F1) 10.14
PEG Ratio 0.68
Current Year Est. 0.71
Current Quarter Estimate 0.17
Most Accurate Estimate 0.20
Earnings ESP 17.65%
Next Earnings Report Date 08-08-2013
EPS Last Year 0.61
Expected Earnings Growth 15.00%

Company Description

FORTRESS INVESTMENT Group is a leading global alternative asset manager with approximately $34.2 billion in assets under management as of March 31, 2008. Fortress is headquartered in New York and has affiliates with offices in Chicago, Dallas, Frankfurt, Geneva, Hong Kong, London, Los Angeles, Munich, New Canaan, Rome, San Francisco, San Diego, Sydney, Tokyo and Toronto.Fortress raises, invests and manages private equity funds and hedge funds. Fortress intends to grow its existing businesses, while continuing to create innovative products to meet the increasing demand by sophisticated investors for superior risk-adjusted investment returns.

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Earnings Estimates

Current Qtr
(06/2013)
Next Qtr
(09/2013)
Current Year
(12/2013)
Next Year
(12/2014)
Average Estimate 0.17 0.17 0.72 0.76
Number of Estimates 5 5 4 4
Low Estimate 0.15 0.16 0.66 0.73
High Estimate 0.23 0.18 0.77 NA
Year Ago EPS 0.09 0.12 0.52 0.72
EPS Growth 93.33% 40.00% 37.50% 6.64%

Average Earnings Estimates for FIG

EPS Growth for FIG

Industry Analysis

Name Symbol Previous Close Zacks Rank Zacks Recommendation
FORTRESS INVEST FIG 7.25
ARTISAN PTNR AM APAM 55.75
GAMCO INVESTORS GBL 58.42
NOAH HLDGS LTD NOAH 12.19
VIRTUS INVESTMT VRTS 217.70
ALLIANCEBERNSTN AB 24.78
KKR FINL HLDGS KFN 10.87
OAKTREE CAP GRP OAK 53.70
PZENA INVESTMNT PZN 6.72
AFFIL MANAGERS AMG 170.04

Sector:Finance>> Industry:FIN-INVEST MGMT

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