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Last €7.30 EUR
Change Today +0.156 / 2.18%
Volume 0.0
XEK On Other Exchanges
Symbol
Exchange
New York
As of 2:08 AM 04/1/15 All times are local (Market data is delayed by at least 15 minutes).

fortress investment grp-cl a (XEK) Snapshot

Open
€7.33
Previous Close
€7.15
Day High
€7.34
Day Low
€7.30
52 Week High
03/13/15 - €7.35
52 Week Low
10/16/14 - €4.27
Market Cap
3.3B
Average Volume 10 Days
11.6
EPS TTM
--
Shares Outstanding
208.6M
EX-Date
03/10/15
P/E TM
--
Dividend
€0.32
Dividend Yield
9.14%
Current Stock Chart for FORTRESS INVESTMENT GRP-CL A (XEK)

fortress investment grp-cl a (XEK) Details

Fortress Investment Group LLC is a publicly owned investment manager. The firm provides its services to pooled investment vehicles, pension and profit sharing plans, corporations, institutional managed accounts and structured products, banking or thrift institutions, investment companies, charitable organizations, and state or municipal government entities. It launches and manages hedge funds, balanced mutual funds, and private equity funds. The firm invests in the public the private equity and alternative investment markets across the globe. It invests in distressed and undervalued assets and tangible & intangible assets such as real estate, capital assets, natural resources, and intellectual property. The firm’s alternative investments include investment in currency, commodity, real estate markets, and distressed real estate loan acquisitions. It employs value strategy to make its investments. The firm employs a fundamental analysis with bottom-up approach to create its investment portfolio. Fortress Investment Group LLC was founded in 1998 and is based in New York, New York with additional offices in United States, Europe, Asia, and Australia.

8,993 Employees
Last Reported Date: 02/26/15
Founded in 1998

fortress investment grp-cl a (XEK) Top Compensated Officers

Co-Founder, Chief Executive Officer, Principa...
Total Annual Compensation: $1.6M
Co-Chairman, President, Principal, Head of Cr...
Total Annual Compensation: $19.9M
Co-Founder, Co-Chairman of the Board, Princip...
Total Annual Compensation: $2.3M
Chief Financial Officer
Total Annual Compensation: $2.1M
Principal, Co-Chief Investment Officer of Mac...
Total Annual Compensation: $12.7M
Compensation as of Fiscal Year 2013.

fortress investment grp-cl a (XEK) Key Developments

Fortress Investment Group LLC Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014; Declares Fourth Quarter 2014 Cash Dividend and Special Cash Dividend, Payable on March 17, 2015

Fortress Investment Group LLC's board of directors declared a fourth quarter 2014 cash dividend of $0.38 per dividend paying share, comprised of a base quarterly cash dividend of $0.08 per dividend paying share and a special cash dividend of $0.30 per dividend paying share. The dividend is payable on March 17, 2015 to Class A shareholders of record as of the close of business on March 12, 2015. The company announced unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported total revenues were $670.58 million against $565.53 million a year ago. Income before income taxes was $139.23 million against $341.101 million a year ago. Net income attributable to Class A shareholders was $61.37 million against $145.81 million a year ago. Diluted earnings per Class A share were $0.24 against $0.49 a year ago. For the year, the company reported total revenues were $1,811.82 million against $1,264.98 million a year ago. Income before income taxes was $243.21 million against $549.39 million a year ago. Net income attributable to Class A shareholders was $99.96 million against $200.45 million a year ago. Diluted earnings per Class A share were $0.43 against $0.79 a year ago.

Fortress Investment Buys Rihga Royal Hotel Kyoto

Fortress Investment reported that it agreed to buy the Rihga Royal Hotel Kyoto, near the city's Kyoto Station. No terms were disclosed. It expects the transaction to close in first quarter, and plans extensive renovations to the 1969-built Rihga Royal Hotel Kyoto.

Fortress Investment Group LLC to Report Q4, 2014 Results on Feb 26, 2015

Fortress Investment Group LLC announced that they will report Q4, 2014 results at 9:00 AM, Eastern Standard Time on Feb 26, 2015

 

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Industry Analysis

XEK

Industry Average

Valuation XEK Industry Range
Price/Earnings 36.3x
Price/Sales 1.0x
Price/Book 2.6x
Price/Cash Flow 18.9x
TEV/Sales NM Not Meaningful
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