Overview Quote
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% |
Premium research
Zacks Rank
|
2 |
Zacks Recommendation
|
Outperform |
Zacks Industry Rank
|
61 out of 265 |
Equity Research Report
|
PREMIUM |
( = Change in last 30 days)
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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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NASDAQ data is at least 15 minutes delayed.
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% |
Industry Analysis
| Name | Symbol | Previous Close | Zacks Rank | Zacks Recommendation |
|---|---|---|---|---|
| FORTRESS INVEST | FIG | 7.25 | ![]() |
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| ARTISAN PTNR AM | APAM | 55.75 | ![]() |
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| GAMCO INVESTORS | GBL | 58.42 | ![]() |
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| NOAH HLDGS LTD | NOAH | 12.19 | ![]() |
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| VIRTUS INVESTMT | VRTS | 217.70 | ![]() |
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| ALLIANCEBERNSTN | AB | 24.78 | ![]() |
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| KKR FINL HLDGS | KFN | 10.87 | ![]() |
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| OAKTREE CAP GRP | OAK | 53.70 | ![]() |
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| PZENA INVESTMNT | PZN | 6.72 | ![]() |
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| AFFIL MANAGERS | AMG | 170.04 | ![]() |
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Sector:Finance>> Industry:FIN-INVEST MGMT
Zacks Commentary
Janus Capital Reports In Line
Oct 26, 2012
Janus Capital Lags Ests, Revs Down
Jul 26, 2012
Report for FIG
Jun 14, 2013
Financials
| EPS TTM | 0.61 |
| Sales | 970 |
| Net Income | 132 |
| Price/Earnings | 11.89 |
| Price/Book | 2.62 |
| Price/Cash Flow | 16.55 |
| Price/Sales | 3.38 |
News
Fortress Asia Macro Fund Named "Best Asia-Based Macro Fund" and "Best Singapore Hedge Fund" at Eurekahedge Asian Hedge Fund Awards 2013 - Businesswire
Jun 18, 2013
Shares of Fortress Investment Under Pressure, Down 1.4% - Financial News Network Online - Market Movers
Jun 12, 2013
Top-Performing Dividend Payers in Finance with the Most Upside Potential (APO, AGO, FIG) - Benzinga
Jun 8, 2013
Buyers Accumulate Shares of Fortress Investment, Up 3.8% - Financial News Network Online - Market Movers
Jun 3, 2013
Genesee & Wyoming Rides Rail Buyouts, Shale Plays - Investors Business Daily
May 30, 2013
Newcastle`s New Addition to a Lucrative Corner of the Mortgage Market - TheMotleyFool
May 24, 2013
Stock Investors Bid Up Shares of Fortress Investment, Up 2.2% - Financial News Network Online - Market Movers
May 22, 2013
A Trail of Extraordinary Gains - Chuck Royce Sells 60 Companies - GuruFocus
May 21, 2013
Broker Recommendations
| Current ABR | 2.00 |
| ABR (Last Week) | 2.00 |
| # of recs in ABR | 5 |
| Average Target Price | 8.63 |
| Industry Rank by ABR | 61 out of 265 |
| Rank in Industry | 5 out of 36 |

