Fortress Investment Group LLC has received $0.24 as the consensus Earnings Estimate for the Quarter ending on Dec 2016 ,According to the estimate provided by 2 Financial Advisor in the Stock Trading Firms. Among 2 Analysts, Bottom line EPS Estimate for the current quarter is $0.22 while the top line estimate is $0.26 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at -20%.
Fortress Investment Group LLC results fell short with a surprise EPS of -11.54% or $-0.03. The Actual EPS was $0.23 compared to the Estimated EPS of $0.26 during its most recent quarterly earnings.
Fortress Investment Group LLC has a Price to Earnings ratio of 5.65 for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is 2.73. For the Most Recent Fiscal Year, Fortress Investment Group LLC has a price to cash ratio of 4.81. For the Trailing twelve month period, company showed a Net Profit Margin of 10.21% and Return on Equity of the stock is 42.59%.
In the last quarter, Fortress Investment Group LLC reported Annual Earnings of $0.23. Based on the filings, last years Annual Earnings was, $0.87. In the last Quarter, FIG reported a surprise Earnings per Share of -11.54% . The consensus estimate for current quarter is $0.24 and for the current fiscal year, the estimate is $0.89. For the Next fiscal year, the estimate is $1 based on the consensus.
Fortress Investment Group LLC (NYSE:FIG) : On Tuesday heightened volatility was witnessed in Fortress Investment Group LLC (NYSE:FIG) which led to swings in the share price. The stock opened for trading at $5.31 and hit $5.65 on the upside , eventually ending the session at $5.61, with a gain of 4.47% or 0.24 points. The heightened volatility saw the trading volume jump to 1,803,009 shares. The 52-week high of the share price is $5.65 and the company has a market cap of $2,166 million. The 52-week low of the share price is at $3.87 .
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.