Somewhat Positive Media Coverage Somewhat Unlikely to Affect Fortress Investment Group (FIG) Share Price

News articles about Fortress Investment Group (NYSE:FIG) have trended somewhat positive this week, according to Accern. Accern identifies negative and positive press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Fortress Investment Group earned a media sentiment score of 0.23 on Accern’s scale. Accern also gave media stories about the asset manager an impact score of 45.2389281932283 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

Fortress Investment Group (NYSE FIG) remained flat at $$7.85 during midday trading on Friday. Fortress Investment Group has a 12-month low of $4.78 and a 12-month high of $8.05. The company has a market capitalization of $3,050.00, a PE ratio of 11.38 and a beta of 1.89.

Fortress Investment Group (NYSE:FIG) last posted its quarterly earnings results on Thursday, November 9th. The asset manager reported $0.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.26 by $0.47. Fortress Investment Group had a net margin of 15.59% and a return on equity of 58.82%. The company had revenue of $254.36 million for the quarter, compared to analyst estimates of $266.50 million. sell-side analysts expect that Fortress Investment Group will post 0.93 EPS for the current year.

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About Fortress Investment Group

Fortress Investment Group LLC (Fortress) is an investment management firm. The Company operates through segments, including private equity funds, permanent capital vehicles, credit hedge funds, credit PE funds, liquid hedge funds and Logan Circle. Its business is to sponsor the formation of, and provide investment management services for, various investment funds, permanent capital vehicles and related managed accounts (the Fortress Funds).

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