Invesco Ltd. (IVZ) has announced a quarterly dividend of $0.2. Their Q4 2024 earnings call highlighted strong asset under management (AUM) growth and a strategic focus on ETFs. Despite Invesco Trust reducing its payout, the company's results for Q4 surpassed estimates with an EPS of $0.46 and revenue of $1.59 billion. The profit margins were higher than FactSet's expectation of $0.47. In addition, Invesco's price target was also raised to $20.00 due to its great dividend performance. It provided a 25% return to shareholders over a year, increasing 11% in the last week alone. Despite the challenges with the liquidation details for the Invesco High Income 2024 Target Term fund, the company recorded a whopping $1.85 trillion of its AUM. A consensus recommendation of 'Hold' is the status Invesco Ltd. has been given by analysts with a positive forecast raised by BMO capital markets and Argus.
Invesco Ltd IVZ News Analytics from Wed, 10 Jul 2024 20:15:25 GMT to Sat, 01 Feb 2025 19:55:00 GMT -
Rating 8
- Innovation 7
- Rumor -2
