Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Invesco (IVZ) have what it takes?
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Invesco (IVZ) have what it takes?
Invesco Ltd. (NYSE:IVZ ) Q4 2024 Earnings Conference Call January 28, 2025 9:00 AM ET Company Participants Gregory Ketron - Head of IR Andrew Schlossberg - President & CEO, Invesco Ltd.
IVZ's fourth-quarter 2024 results top estimates on higher adjusted net revenues and AUM alongside lower adjusted expenses.
Invesco (IVZ) came out with quarterly earnings of $0.52 per share, beating the Zacks Consensus Estimate of $0.49 per share. This compares to earnings of $0.47 per share a year ago.
Invesco remains a "Buy" due to its undervaluation, solid fundamentals, and attractive 4.5%+ yield despite recent underperformance compared to the overall market. The company's AUM grew 5.2% organically in 3Q24, and it has a global footprint with a unique APAC presence and a JV in China. Trading at a P/E of less than 10.5x with a BBB+ rating, Invesco offers a market-beating annualized rate of return even at conservative growth estimates.
Higher AUM and fee income will likely support IVZ's fourth-quarter 2024 results, while higher expenses are likely to weigh on it.
Invesco Ltd. has shown a significant increase in assets under management, which is expected to drive revenue and free cash flow growth from 2025 to 2030. The company's stock appears undervalued based on my DCF model. Despite industry challenges and market volatility, recent restructuring efforts in 2023 are likely to enhance future free cash flow growth.
Beyond analysts' top -and-bottom-line estimates for Invesco (IVZ), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2024.
Invesco (IVZ) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.