Victory Capital (VCTR) Stock Insights
VCTR$111.87+1.24 +1.12%
$6.88B
Market Cap
19.84
P/E
13.95
Forward P/E
64
Score
Victory Capital (VCTR) Stock Insights
VCTR price $111.87 +1.24 +1.12%
- Ticker
- VCTR
- Price
- $111.87
- Change
- +1.24 +1.12%
- Market cap ?
- $6.88B
- P/E ?
- 19.84
- Forward P/E ?
- 13.95
- Dividend yield ?
- 1.82%
- Beta ?
- 1.13
- Sector
- Financial Services
- Industry
- Asset Management
- Stocklytics score
- 64
- Value
- 60
- Quality
- 66
- Growth
- 66
Stocklytics score rationale: value 60, quality 66, growth 66.
Financials
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| 297883000 | 409629000 | 413412000 | 612373000 | 775351000 | 890265000 | 854800000 | 821028000 | 893477000 | 1306131000 |
Victory Capital Holdings, Inc. operates as a global asset management enterprise, along with its various subsidiaries. The firm provides an extensive suite of services, encompassing investment advisory, fund administration, compliance, transfer agent functions, and fund distribution. It tailors sophisticated investment strategies for a wide array of clients, including institutions, financial intermediaries…
Fair value
VCTR fair value $196.32. Price $111.87. Price is 43% below fair value.
Below fair value, but more expensive than usual. A smaller discount than on 64% of days in the past 5 years.
Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.
Calculated with a 10-year free-cash-flow discount. Starting free cash flow 563.22M. Growth 20.00%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 10.53% (beta 1.1). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 61.51M. Net debt 806.32M. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the median P/E of the company's industry. That median uses listed stocks worth at least $10 billion with a positive P/E of 100 or below, and the industry needs at least eight of them. Otherwise the sector median is used when that group also has at least eight, then the market median of those large companies. The multiple used is the lower of that median and 1.25 times the stock's own 10-year median P/E, then kept between 8 and 30. If the stock has no 10-year median, the peer median is kept between 8 and 30. Fair value is the average of the cash-flow value and the earnings value when both exist. Card and credit companies use the earnings value only, because changes in customer receivables distort free cash flow. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.
Earnings
| Date | EPS actual | EPS estimate | Revenue | Revenue estimate |
|---|---|---|---|---|
| 2026-11-04 | — | 1.99 | — | 411.23M |
| 2026-08-05 | 2.21 | 1.79 | 435.36M | 386.09M |
| 2026-05-06 | 1.82 | 1.65 | 387.99M | 364.97M |
| 2026-02-04 | 1.78 | 1.66 | 374.10M | 373.21M |
| 2025-11-06 | 1.63 | 1.60 | 361.19M | 373.78M |
| 2025-08-07 | 1.57 | 1.45 | 355.76M | 336.76M |
| 2025-05-08 | 1.36 | 1.38 | 219.60M | 224.19M |
| 2025-02-06 | 1.45 | 1.37 | 232.37M | 292.28M |
| 2024-11-08 | 1.35 | 1.30 | 225.63M | 223.59M |
| 2024-08-08 | 1.16 | 1.26 | 219.62M | 220.36M |
| 2024-05-09 | 1.10 | 1.21 | 215.86M | 215.86M |
| 2024-02-08 | 1.01 | 1.13 | 205.79M | 203.83M |
| 2023-11-02 | 1.18 | 1.15 | 209.69M | 206.67M |
| 2023-08-03 | 1.11 | 1.11 | 204.23M | 212.71M |
| 2023-05-04 | 1.08 | 1.08 | 201.32M | 201.87M |
| 2023-02-09 | 0.92 | 1.04 | 201.51M | 199.45M |
| 2022-11-03 | 1.19 | 1.07 | 207.30M | 205.95M |
| 2022-08-04 | 1.11 | 1.12 | 216.01M | 219.23M |
| 2022-05-05 | 1.23 | 1.22 | 230.02M | 239.76M |
| 2022-02-10 | 1.27 | 1.22 | 229.10M | 230.41M |
| 2021-11-04 | 1.25 | 1.20 | 226.29M | 229.26M |
| 2021-08-05 | 1.18 | 1.15 | 221.90M | 221.03M |
| 2021-05-06 | 1.13 | 1.09 | 212.95M | 210.76M |
| 2021-02-10 | 1.07 | 1.02 | 200.39M | 194.58M |
| 2020-11-04 | 1.00 | 0.93 | 188.66M | 175.45M |
| 2020-08-05 | 0.80 | 0.83 | 181.89M | 169.62M |
| 2020-05-11 | 0.92 | 0.89 | 204.42M | 197.76M |
| 2020-03-13 | 0.51 | — | 218.55M | — |
| 2019-11-04 | 0.91 | 0.89 | 214.98M | 210.26M |
| 2019-08-12 | 0.38 | 0.38 | 91.36M | 93.76M |
| 2019-05-14 | 0.35 | 0.34 | 87.48M | 87.48M |
| 2019-03-15 | 0.19 | — | 95.97M | — |
| 2018-11-06 | 0.45 | 0.43 | 108.08M | 100.88M |
| 2018-08-07 | 0.41 | 0.40 | 104.40M | 101.85M |
| 2018-05-08 | 0.40 | 0.41 | 104.96M | 105.00M |
| 2018-03-26 | 0.39 | 0.35 | 105.65M | — |
| 2017-09-30 | 0.14 | — | 102.39M | — |
| 2017-06-30 | 0.03 | — | 100.93M | — |
| 2017-03-31 | 0.06 | — | 100.66M | — |
| 2016-12-31 | -0.04 | — | 98.08M | — |
Dividends
Yield 1.77%. Payout ratio 29.18%. Frequency Quarterly.
Safety score 93/100 · Safe. Payout ratio is 29% of earnings. Dividends use less than 40% of free cash flow. Dividends were paid in 8 separate years. Yield is 1.8%, in a range that is usually sustainable.
| Ex-date | Dividend | Record | Payment | Frequency |
|---|---|---|---|---|
| 2026-09-10 | $0.50 | 2026-09-10 | 2026-09-25 | Quarterly |
| 2026-06-10 | $0.50 | 2026-06-10 | 2026-06-25 | Quarterly |
| 2026-03-10 | $0.49 | 2026-03-10 | 2026-03-25 | Quarterly |
| 2025-12-10 | $0.49 | 2025-12-10 | 2025-12-23 | Quarterly |
| 2025-09-10 | $0.49 | 2025-09-10 | 2025-09-25 | Quarterly |
| 2025-06-10 | $0.49 | 2025-06-10 | 2025-06-25 | Quarterly |
| 2025-02-18 | $0.47 | 2025-02-18 | 2025-03-10 | Quarterly |
| 2024-12-09 | $0.44 | 2024-12-09 | 2024-12-23 | Quarterly |
| 2024-09-10 | $0.41 | 2024-09-10 | 2024-09-25 | Quarterly |
| 2024-06-10 | $0.37 | 2024-06-10 | 2024-06-25 | Quarterly |
| 2024-03-08 | $0.34 | 2024-03-11 | 2024-03-25 | Quarterly |
| 2023-12-08 | $0.32 | 2023-12-11 | 2023-12-22 | Quarterly |
| 2023-09-08 | $0.32 | 2023-09-11 | 2023-09-25 | Quarterly |
| 2023-06-09 | $0.32 | 2023-06-12 | 2023-06-26 | Quarterly |
| 2023-03-09 | $0.32 | 2023-03-10 | 2023-03-27 | Quarterly |
| 2022-12-08 | $0.25 | 2022-12-09 | 2022-12-23 | Quarterly |
| 2022-09-09 | $0.25 | 2022-09-12 | 2022-09-26 | Quarterly |
| 2022-06-09 | $0.25 | 2022-06-10 | 2022-06-27 | Quarterly |
| 2022-03-09 | $0.25 | 2022-03-10 | 2022-03-25 | Quarterly |
| 2021-12-09 | $0.17 | 2021-12-10 | 2021-12-27 | Quarterly |
| 2021-09-09 | $0.15 | 2021-09-10 | 2021-09-27 | Quarterly |
| 2021-06-09 | $0.12 | 2021-06-10 | 2021-06-25 | Quarterly |
| 2021-03-09 | $0.09 | 2021-03-10 | 2021-03-25 | Quarterly |
| 2020-12-09 | $0.07 | 2020-12-10 | 2020-12-28 | Quarterly |
| 2020-09-09 | $0.06 | 2020-09-10 | 2020-09-25 | Quarterly |
| 2020-06-09 | $0.05 | 2020-06-10 | 2020-06-25 | Quarterly |
| 2020-03-09 | $0.05 | 2020-03-10 | 2020-03-25 | Quarterly |
| 2019-12-09 | $0.05 | 2019-12-10 | 2019-12-26 | Quarterly |
| 2019-09-09 | $0.05 | 2019-09-10 | 2019-09-25 | Quarterly |
Insider trades
| Date | Insider | Action | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-10-12 | Jackson Mary M. | Buy | 259 | $110.95 | 28.74K |
| 2026-10-12 | DEMARTINI RICHARD M | Buy | 326 | $110.95 | 36.17K |
| 2026-10-12 | Davanzo Lawrence | Buy | 259 | $110.95 | 28.74K |
| 2026-10-12 | Rappaport Alan | Buy | 597 | $110.95 | 66.24K |
| 2026-10-12 | Hirtler-Garvey Karin | Buy | 259 | $110.95 | 28.74K |
| 2026-10-12 | Crestview Partners II GP, L.P. | Buy | 259 | $110.95 | 28.74K |
| 2026-08-13 | Gupta Nina | Buy | 19.12K | — | — |
| 2026-08-13 | Gupta Nina | Sell | 9.73K | $118.17 | 1.15M |
| 2026-08-13 | Gupta Nina | Sell | 19.12K | — | — |
| 2026-08-13 | Dhillon Mannik S. | Buy | 16.39K | — | — |
| 2026-08-13 | Dhillon Mannik S. | Sell | 6.45K | $118.17 | 762.43K |
| 2026-08-13 | Dhillon Mannik S. | Sell | 16.39K | — | — |
| 2026-08-13 | Brown David Craig | Buy | 147.53K | — | — |
| 2026-08-13 | Brown David Craig | Sell | 58.06K | $118.17 | 6.86M |
| 2026-08-13 | Brown David Craig | Sell | 147.53K | — | — |
| 2026-08-13 | Sipp Thomas Michael | Buy | 40.98K | — | — |
| 2026-08-13 | Sipp Thomas Michael | Sell | 21.20K | $118.17 | 2.51M |
| 2026-08-13 | Sipp Thomas Michael | Sell | 40.98K | — | — |
| 2026-08-13 | Policarpo Michael Dennis | Buy | 73.76K | — | — |
| 2026-08-13 | Policarpo Michael Dennis | Sell | 33.45K | $118.17 | 3.95M |
| 2026-08-13 | Policarpo Michael Dennis | Sell | 73.76K | — | — |
| 2026-08-05 | Dhillon Mannik S. | Buy | 16.39K | — | — |
| 2026-08-05 | Dhillon Mannik S. | Sell | 6.45K | $99.97 | 645.01K |
| 2026-08-05 | Dhillon Mannik S. | Sell | 16.39K | — | — |
| 2026-08-05 | Sipp Thomas Michael | Buy | 40.98K | — | — |
| 2026-08-05 | Sipp Thomas Michael | Sell | 40.98K | — | — |
| 2026-08-05 | Sipp Thomas Michael | Sell | 18.18K | $99.97 | 1.82M |
| 2026-08-05 | Gupta Nina | Buy | 19.12K | — | — |
| 2026-08-05 | Gupta Nina | Sell | 9.73K | $99.97 | 972.91K |
| 2026-08-05 | Gupta Nina | Sell | 19.12K | — | — |
| 2026-08-05 | Policarpo Michael Dennis | Buy | 73.76K | — | — |
| 2026-08-05 | Policarpo Michael Dennis | Sell | 33.45K | $99.97 | 3.34M |
| 2026-08-05 | Policarpo Michael Dennis | Sell | 73.76K | — | — |
| 2026-08-05 | Brown David Craig | Buy | 147.53K | — | — |
| 2026-08-05 | Brown David Craig | Sell | 58.06K | $99.97 | 5.80M |
| 2026-08-05 | Brown David Craig | Sell | 147.53K | — | — |
| 2026-07-23 | Calcoen Nicolas Joseph | Other | 0 | — | — |
| 2026-07-10 | DEMARTINI RICHARD M | Buy | 392 | $92.24 | 36.16K |
| 2026-07-10 | Davanzo Lawrence | Buy | 311 | $92.24 | 28.69K |
| 2026-07-10 | Rappaport Alan | Buy | 718 | $92.24 | 66.23K |
| 2026-07-10 | Jackson Mary M. | Buy | 311 | $92.24 | 28.69K |
| 2026-07-10 | Hirtler-Garvey Karin | Buy | 311 | $92.24 | 28.69K |
| 2026-07-10 | Crestview Partners II GP, L.P. | Buy | 311 | $92.24 | 28.69K |
| 2026-06-15 | Sipp Thomas Michael | Buy | 5.62K | $85.97 | 483.58K |
| 2026-05-29 | Crestview Partners II GP, L.P. | Sell | 2.10M | — | — |
| 2026-05-29 | Crestview Partners II GP, L.P. | Buy | 39.74K | — | — |
| 2026-04-10 | Hirtler-Garvey Karin | Buy | 424 | $67.79 | 28.74K |
| 2026-04-10 | Rappaport Alan | Buy | 977 | $67.79 | 66.23K |
| 2026-04-10 | Davanzo Lawrence | Buy | 424 | $67.79 | 28.74K |
| 2026-04-10 | DEMARTINI RICHARD M | Buy | 534 | $67.79 | 36.20K |
| 2026-04-10 | Jackson Mary M. | Buy | 424 | $67.79 | 28.74K |
| 2026-04-10 | Crestview Partners II GP, L.P. | Buy | 424 | $67.79 | 28.74K |
| 2026-03-18 | Amundi | Buy | 100.00K | — | — |
| 2026-03-18 | Amundi | Sell | 100.00K | $0.01 | 1.00K |
| 2026-03-15 | Policarpo Michael Dennis | Buy | 62.25K | $66.67 | 4.15M |
| 2026-03-15 | Sipp Thomas Michael | Buy | 15.00K | $66.67 | 999.98K |
| 2026-03-15 | Sipp Thomas Michael | Buy | 39.75K | $66.67 | 2.65M |
| 2026-03-15 | Brown David Craig | Buy | 101.99K | $66.67 | 6.80M |
| 2026-03-15 | Dhillon Mannik S. | Buy | 16.50K | $66.67 | 1.10M |
| 2026-03-15 | Gupta Nina | Buy | 27.00K | $66.67 | 1.80M |
| 2026-03-15 | Dhillon Mannik S. | Sell | 7.75K | $66.67 | 516.43K |
| 2026-03-15 | Gupta Nina | Sell | 17.10K | $66.67 | 1.14M |
| 2026-03-15 | Policarpo Michael Dennis | Sell | 28.03K | $66.67 | 1.87M |
| 2026-03-15 | Brown David Craig | Sell | 50.46K | $66.67 | 3.36M |
| 2026-03-13 | Dhillon Mannik S. | Buy | 65.56K | — | — |
| 2026-03-13 | Sipp Thomas Michael | Buy | 163.93K | — | — |
| 2026-03-13 | Brown David Craig | Buy | 590.12K | — | — |
| 2026-03-13 | Gupta Nina | Buy | 76.50K | — | — |
| 2026-03-13 | Policarpo Michael Dennis | Buy | 295.05K | — | — |
| 2026-01-12 | Rappaport Alan | Buy | 961 | $68.93 | 66.24K |
| 2026-01-12 | DEMARTINI RICHARD M | Buy | 525 | $68.93 | 36.19K |
| 2026-01-12 | Jackson Mary M. | Buy | 417 | $68.93 | 28.74K |
| 2026-01-12 | Davanzo Lawrence | Buy | 417 | $68.93 | 28.74K |
| 2026-01-12 | Hirtler-Garvey Karin | Buy | 417 | $68.93 | 28.74K |
| 2026-01-12 | Crestview Partners II GP, L.P. | Buy | 417 | $68.93 | 28.74K |
| 2025-10-29 | Amundi | Buy | 150.00K | — | — |
| 2025-10-29 | Amundi | Sell | 150.00K | $0.01 | 1.50K |
| 2025-10-10 | Crestview Partners II GP, L.P. | Buy | 435 | $65.98 | 28.70K |
| 2025-10-10 | Rappaport Alan | Buy | 1.00K | $65.98 | 66.24K |
| 2025-10-10 | DEMARTINI RICHARD M | Buy | 549 | $65.98 | 36.22K |
| 2025-10-10 | Jackson Mary M. | Buy | 435 | $65.98 | 28.70K |
| 2025-10-10 | Hirtler-Garvey Karin | Buy | 435 | $65.98 | 28.70K |
| 2025-10-10 | Davanzo Lawrence | Buy | 435 | $65.98 | 28.70K |
| 2025-10-10 | Crestview Partners II GP, L.P. | Buy | 435 | $65.98 | 28.70K |
| 2025-09-30 | Davanzo Lawrence | Sell | 21.34K | — | — |
| 2025-08-20 | Crestview Partners II GP, L.P. | Sell | 3.50M | — | — |
| 2025-08-20 | Crestview Partners II GP, L.P. | Sell | 22.27K | — | — |
| 2025-08-20 | Crestview Partners II GP, L.P. | Buy | 38.88K | — | — |
| 2025-08-20 | Crestview Partners II GP, L.P. | Buy | 2.42K | — | — |
| 2025-08-01 | Amundi | Sell | 44.03K | — | — |
| 2025-07-16 | Amundi | Buy | 88.55K | — | — |
| 2025-07-16 | Amundi | Sell | 88.55K | — | — |
| 2025-07-10 | HURST ROBERT J/NY | Buy | 10 | $66.24 | 662 |
| 2025-07-10 | Rappaport Alan | Buy | 1.00K | $66.24 | 66.24K |
| 2025-07-10 | Hirtler-Garvey Karin | Buy | 434 | $66.24 | 28.75K |
| 2025-07-10 | Davanzo Lawrence | Buy | 434 | $66.24 | 28.75K |
| 2025-07-10 | Jackson Mary M. | Buy | 434 | $66.24 | 28.75K |
| 2025-07-10 | DEMARTINI RICHARD M | Buy | 547 | $66.24 | 36.23K |
| 2025-07-10 | Crestview Partners II GP, L.P. | Buy | 434 | $66.24 | 28.75K |
| 2025-06-15 | Sipp Thomas Michael | Buy | 48.70K | $61.60 | 3.00M |
Institutional holders
Latest filed quarter: Q2 2026.
Institutions holding: 362, holders +32 vs prior quarter. Ownership 79.34%.
| Holder | Shares | Change | Change % | Value |
|---|---|---|---|---|
| BLACKROCK, INC. | 6.96M | -5.79K | -0.08% | 585.16M |
| BAHL & GAYNOR LLC | 3.04M | 340.05K | +12.57% | 255.90M |
| AMUNDI | 2.96M | -94.90K | -3.11% | 248.82M |
| VANGUARD CAPITAL MANAGEMENT LLC | 2.20M | -39.71K | -1.77% | 185.34M |
| CRESTVIEW PARTNERS II GP, L.P. | 2.00M | -2.10M | -51.27% | 167.77M |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 1.97M | -15.10K | -0.76% | 165.80M |
| CAPITAL WORLD INVESTORS | 1.95M | -466.20K | -19.28% | 164.04M |
| DIMENSIONAL FUND ADVISORS LP | 1.89M | 149.90K | +8.60% | 159.15M |
| STATE STREET CORP | 1.89M | 45.92K | +2.49% | 158.90M |
| VAN BERKOM & ASSOCIATES INC. | 1.22M | -330.29K | -21.24% | 102.94M |
| GEODE CAPITAL MANAGEMENT, LLC | 1.20M | 30.51K | +2.61% | 100.68M |
| GRANAHAN INVESTMENT MANAGEMENT, LLC | 1.02M | -71.97K | -6.62% | 85.35M |
| FMR LLC | 1.01M | 193.49K | +23.73% | 84.81M |
| AMERICAN CENTURY COMPANIES INC | 1.00M | 679.87K | +211.62% | 84.15M |
| FRANKLIN TEMPLETON INC | 892.22K | -100.96K | -10.17% | 75.00M |
| BANK OF AMERICA CORP /DE/ | 819.38K | -188.03K | -18.66% | 68.88M |
| GOLDMAN SACHS GROUP INC | 686.89K | 138.72K | +25.31% | 57.74M |
| LSV ASSET MANAGEMENT | 634.20K | -115.40K | -15.39% | 53.31M |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 583.04K | -5.42K | -0.92% | 49.01M |
| SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. | 583.04K | 583.04K | New | 49.01M |
| ANNEX ADVISORY SERVICES, LLC | 581.98K | -9.86K | -1.67% | 48.92M |
| ROYCE & ASSOCIATES LP | 529.25K | -54.14K | -9.28% | 44.49M |
| IMPAX ASSET MANAGEMENT GROUP PLC | 525.00K | -125.00K | -19.23% | 44.13M |
| BANK OF NEW YORK MELLON CORP | 500.06K | 5.04K | +1.02% | 42.04M |
| NORTHERN TRUST CORP | 496.69K | 31.38K | +6.74% | 41.75M |
Insights
- Revenue by product
| Period | Value |
|---|---|
| FY2019 | Investment Management Fees: 466802000.0 |
| FY2020 | Investment Management Fees: 562036000.0 |
| FY2021 | Investment Management Fees: 674539000.0 |
| FY2022 | Investment Management Fees: 664710000.0 |
| FY2023 | Investment Management Fees: 640876000.0 |
| FY2024 | Investment Management Fees: 704583000.0 |
| FY2025 | Investment Management Fees: 1045469000.0 |
Insights · Dividends · Forecast · Financials · Learn