Virtu Financial Company Profile (NASDAQ:VIRT)

About Virtu Financial (NASDAQ:VIRT)

Virtu Financial logoVirtu Financial, Inc. is a holding company. The Company is a technology-enabled market maker and liquidity provider to the financial markets across the world. It is engaged in buying or selling a range of securities and other financial instruments and earning small bid/ask spreads across various transactions. It has a single, multi-asset, multi-currency technology platform, through which it provides quotations to buyers and sellers in equities, commodities, currencies, options, fixed income and other securities on exchanges, markets and liquidity pools in various countries around the world. It makes markets in a range of different assets classes, such as Americas Equities; Europe, the Middle East and Africa (EMEA) Equities; Asia Pacific (APAC) Equities; Global Commodities; Global Currencies, and Options, Fixed Income and Other Securities. It makes markets for global banks, brokers and other intermediaries, and indirectly provides services to retail and institutional investors.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Financial & Commodity Market Operators
  • Sub-Industry: N/A
  • Symbol: NASDAQ:VIRT
  • CUSIP: N/A
  • Web: www.virtu.com
Capitalization:
  • Market Cap: $3.1251 billion
  • Outstanding Shares: 87,082,000
Average Prices:
  • 50 Day Moving Avg: $16.98
  • 200 Day Moving Avg: $16.60
  • 52 Week Range: $12.35 - $19.07
P/E:
  • Trailing P/E Ratio: 36.63
  • P/E Growth: -9.59
Sales & Book Value:
  • Annual Revenue: $531.65 million
  • Price / Sales: 2.76
  • Book Value: $3.46 per share
  • Price / Book: 4.87
Dividend:
  • Annual Dividend: $0.96
  • Dividend Yield: 5.7%
Profitability:
  • Net Margins: 3.42%
  • Return on Equity: 16.54%
  • Return on Assets: 2.24%
Debt:
  • Debt-to-Equity Ratio: 3.15%
  • Current Ratio: 0.98%
  • Quick Ratio: 0.98%
Misc:
  • Average Volume: 551,061 shs.
  • Beta: 0.37
  • Short Ratio: 16.2
 

Frequently Asked Questions for Virtu Financial (NASDAQ:VIRT)

What is Virtu Financial's stock symbol?

Virtu Financial trades on the NASDAQ under the ticker symbol "VIRT."

How often does Virtu Financial pay dividends? What is the dividend yield for Virtu Financial?

Virtu Financial announced a quarterly dividend on Wednesday, August 9th. Investors of record on Friday, September 1st will be given a dividend of $0.24 per share on Friday, September 15th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 5.70%. The ex-dividend date of this dividend is Wednesday, August 30th. View Virtu Financial's Dividend History.

How were Virtu Financial's earnings last quarter?

Virtu Financial, Inc. (NASDAQ:VIRT) announced its quarterly earnings data on Tuesday, August, 8th. The company reported $0.13 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.23 by $0.10. The business earned $77.10 million during the quarter, compared to analysts' expectations of $82.23 million. Virtu Financial had a return on equity of 16.54% and a net margin of 3.42%. The business's revenue was down 24.6% compared to the same quarter last year. During the same quarter last year, the company earned $0.24 EPS. View Virtu Financial's Earnings History.

Where is Virtu Financial's stock going? Where will Virtu Financial's stock price be in 2017?

4 analysts have issued 1 year price objectives for Virtu Financial's shares. Their predictions range from $13.00 to $18.00. On average, they expect Virtu Financial's share price to reach $15.25 in the next twelve months. View Analyst Ratings for Virtu Financial.

Who are some of Virtu Financial's key competitors?

Who are Virtu Financial's key executives?

Virtu Financial's management team includes the folowing people:

  • Robert Greifeld, Chairman of the Board
  • Douglas A. Cifu J.D., Chief Executive Officer, Director
  • Joseph Molluso, Chief Financial Officer, Executive Vice President
  • Venu Madhav Palaparthi, Senior Vice President - Compliance, Regulatory and Government Affairs
  • Vincent J. Viola, Chairman Emeritus, Director
  • John Philip Abizaid, Director
  • Glenn H. Hutchins, Director
  • Michael T. Viola, Director
  • William F. Cruger Jr., Independent Director

When did Virtu Financial IPO?

(VIRT) raised $297 million in an initial public offering on Thursday, April 16th 2015. The company issued 16,500,000 shares at $17.00-$19.00 per share. Goldman Sachs, J.P. Morgan and Sandler O'Neill + Partners, L.P. acted as the underwriters for the IPO and BMO Capital Markets, Citigroup, Credit Suisse, Evercore ISI, UBS Investment Bank, Academy Securities, CIBC, Mizuho Securities and Rosenblatt Securities were co-managers.

Who owns Virtu Financial stock?

Virtu Financial's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include TEMASEK HOLDINGS (PRIVATE) LTD (22.50%), TEMASEK HOLDINGS (PRIVATE) LTD (21.10%), William Blair Investment Management LLC (6.76%), Vanguard Group Inc. (5.85%), FMR LLC (5.45%) and Van Berkom & Associates Inc. (4.52%). Company insiders that own Virtu Financial stock include Douglas A Cifu, Holdings (Private) Ltd Temasek, Michael J Bingle, North Island Ventures, Llc, Tjmt Holdings Llc and Venu Palaparthi. View Institutional Ownership Trends for Virtu Financial.

Who sold Virtu Financial stock? Who is selling Virtu Financial stock?

Virtu Financial's stock was sold by a variety of institutional investors in the last quarter, including GSA Capital Partners LLP, Bahl & Gaynor Inc., Goldman Sachs Group Inc., Bank of Montreal Can, Peregrine Capital Management LLC, Wells Fargo & Company MN, Neuberger Berman Group LLC and Russell Investments Group Ltd.. View Insider Buying and Selling for Virtu Financial.

Who bought Virtu Financial stock? Who is buying Virtu Financial stock?

Virtu Financial's stock was purchased by a variety of institutional investors in the last quarter, including Van Berkom & Associates Inc., Artisan Partners Limited Partnership, FMR LLC, Old West Investment Management LLC, New York State Common Retirement Fund, William Blair Investment Management LLC, Tudor Investment Corp ET AL and Royce & Associates LP. Company insiders that have bought Virtu Financial stock in the last two years include Douglas A Cifu, Holdings (Private) Ltd Temasek, North Island Ventures, Llc, Tjmt Holdings Llc and Venu Palaparthi. View Insider Buying and Selling for Virtu Financial.

How do I buy Virtu Financial stock?

Shares of Virtu Financial can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Virtu Financial's stock price today?

One share of Virtu Financial stock can currently be purchased for approximately $16.85.


MarketBeat Community Rating for Virtu Financial (NASDAQ VIRT)
Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  68 (Vote Outperform)
Underperform Votes:  102 (Vote Underperform)
Total Votes:  170
MarketBeat's community ratings are surveys of what our community members think about Virtu Financial and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Virtu Financial (NASDAQ:VIRT) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Sell Ratings, 2 Hold Ratings
Consensus Rating:Hold (Score: 1.50)
Consensus Price Target: $15.25 (9.50% downside)

Analysts' Ratings History for Virtu Financial (NASDAQ:VIRT)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/15/2017Rosenblatt SecuritiesInitiated CoverageNeutral -> Neutral$18.00LowView Rating Details
8/10/2017Goldman Sachs Group, Inc. (The)Reiterated RatingNeutral -> Neutral$16.00MediumView Rating Details
8/10/2017Citigroup Inc.Reiterated RatingSell$16.00 -> $14.00MediumView Rating Details
11/20/2016Credit Suisse GroupReiterated RatingUnderperform$13.00N/AView Rating Details
(Data available from 9/24/2015 forward)

Earnings

Earnings History for Virtu Financial (NASDAQ:VIRT)
Earnings by Quarter for Virtu Financial (NASDAQ:VIRT)
Earnings History by Quarter for Virtu Financial (NASDAQ VIRT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/8/2017Q2 2017$0.23$0.13$82.23 million$77.10 millionViewListenView Earnings Details
5/4/2017Q1 2017$0.16$0.16$82.20 million$79.40 millionViewN/AView Earnings Details
2/2/2017Q416$0.21$0.24$96.91 million$100.30 millionViewListenView Earnings Details
11/4/2016Q316$0.19$0.20$92.99 million$164.80 millionViewN/AView Earnings Details
8/3/2016Q216$0.24$0.24$105.12 million$174.20 millionViewN/AView Earnings Details
5/4/2016Q116$0.35$0.31$134.72 million$192.60 millionViewN/AView Earnings Details
2/4/2016Q415$0.29$0.27$115.15 million$107.80 millionViewN/AView Earnings Details
11/4/2015Q315$0.35$0.40$130.50 million$215.80 millionViewN/AView Earnings Details
8/5/2015Q215$0.32$0.27$125.03 million$182.00 millionViewN/AView Earnings Details
5/6/2015Q115$0.42$173.30 million$221.50 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Virtu Financial (NASDAQ:VIRT)
Next Year EPS Consensus Estimate: $1.31 EPS

Dividends

Current Dividend Information for Virtu Financial (NASDAQ:VIRT)
Most Recent Dividend:9/15/2017
Annual Dividend:$0.96
Dividend Yield:5.70%
Payout Ratio:188.24% (Trailing 12 Months of Earnings)
Dividend Payments by Quarter for Virtu Financial (NASDAQ:VIRT)

Dividend History by Quarter for Virtu Financial (NASDAQ VIRT)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/9/2017quarterly$0.245.91%8/30/20179/1/20179/15/2017
5/5/2017quarterly$0.246.4%5/30/20176/1/20176/15/2017
2/3/2017quarterly$0.245.18%2/27/20173/1/20173/15/2017
11/4/2016quarterly$0.247.3%11/29/201612/1/201612/15/2016
8/4/2016quarterly$0.246.01%8/30/20169/1/20169/15/2016
5/4/2016Quarterly$0.245/27/20166/1/20166/15/2016
2/5/2016quarterly$0.244.57%2/26/20163/1/20163/15/2016
11/5/2015quarterly$0.244.02%11/27/201512/1/201512/15/2015
8/6/2015special$0.248/28/20159/1/20159/15/2015
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Virtu Financial (NASDAQ:VIRT)
Insider Ownership Percentage: 69.90%
Institutional Ownership Percentage: 46.67%
Insider Trades by Quarter for Virtu Financial (NASDAQ:VIRT)
Institutional Ownership by Quarter for Virtu Financial (NASDAQ:VIRT)
Insider Trades by Quarter for Virtu Financial (NASDAQ:VIRT)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/10/2017North Island Ventures, LlcMajor ShareholderBuy338,124$15.44$5,220,634.56View SEC Filing  
7/20/2017Holdings (Private) Ltd TemasekMajor ShareholderBuy6,346,155$15.60$99,000,018.00View SEC Filing  
4/17/2017Tjmt Holdings LlcInsiderBuy144,542$15.46$2,234,619.32View SEC Filing  
4/11/2017Tjmt Holdings LlcInsiderBuy100,000$15.62$1,562,000.00View SEC Filing  
4/7/2017Tjmt Holdings LlcInsiderBuy151,128$15.87$2,398,401.36View SEC Filing  
3/16/2017Tjmt Holdings LlcInsiderBuy300$16.00$4,800.00View SEC Filing  
1/19/2017Tjmt Holdings LlcInsiderBuy100$16.00$1,600.00View SEC Filing  
1/18/2017Tjmt Holdings LlcInsiderBuy41,665$15.98$665,806.70View SEC Filing  
1/17/2017Tjmt Holdings LlcInsiderBuy23,948$16.00$383,168.00View SEC Filing  
1/13/2017Tjmt Holdings LlcInsiderBuy360$16.00$5,760.00View SEC Filing  
1/11/2017Tjmt Holdings LlcInsiderBuy1,924$16.00$30,784.00View SEC Filing  
1/9/2017Tjmt Holdings LlcInsiderBuy100$16.00$1,600.00View SEC Filing  
1/3/2017Tjmt Holdings LlcInsiderBuy11,754$15.98$187,828.92View SEC Filing  
12/30/2016Tjmt Holdings LlcInsiderBuy22,097$15.92$351,784.24View SEC Filing  
12/29/2016Tjmt Holdings LlcInsiderBuy6,700$15.98$107,066.00View SEC Filing  
12/28/2016Tjmt Holdings LlcInsiderBuy17,564$15.92$279,618.88View SEC Filing  
12/27/2016Tjmt Holdings LlcInsiderBuy50,000$15.88$794,000.00View SEC Filing  
12/23/2016Tjmt Holdings LlcInsiderBuy23,461$15.61$366,226.21View SEC Filing  
12/22/2016Tjmt Holdings LlcInsiderBuy50,000$15.72$786,000.00View SEC Filing  
12/21/2016Tjmt Holdings LlcInsiderBuy50,000$15.78$789,000.00View SEC Filing  
12/20/2016Tjmt Holdings LlcInsiderBuy50,000$15.83$791,500.00View SEC Filing  
12/19/2016Tjmt Holdings LlcInsiderBuy50,000$15.99$799,500.00View SEC Filing  
12/16/2016Tjmt Holdings LlcInsiderBuy50,000$16.00$800,000.00View SEC Filing  
12/15/2016Tjmt Holdings LlcInsiderBuy11,687$16.00$186,992.00View SEC Filing  
12/14/2016Tjmt Holdings LlcInsiderBuy50,000$15.94$797,000.00View SEC Filing  
12/13/2016Tjmt Holdings LlcInsiderBuy14,937$15.99$238,842.63View SEC Filing  
12/12/2016Tjmt Holdings LlcInsiderBuy50,000$15.96$798,000.00View SEC Filing  
8/5/2016Douglas A CifuCEOBuy60,000$16.51$990,600.00View SEC Filing  
5/23/2016Venu PalaparthiSVPBuy2,000$17.36$34,720.00View SEC Filing  
11/18/2015Michael J BingleDirectorSell6,075,837$21.65$131,541,871.05View SEC Filing  
4/21/2015John P AbizaidDirectorBuy5,500$19.00$104,500.00View SEC Filing  
4/21/2015Lake Group L.L.C. SilverMajor ShareholderSell8,333,333$17.67$147,249,994.11View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Virtu Financial (NASDAQ:VIRT)
Latest Headlines for Virtu Financial (NASDAQ:VIRT)
Source:
DateHeadline
finance.yahoo.com logoVirtu Financial, Inc. :VIRT-US: Earnings Analysis: Q2, 2017 By the Numbers : September 22, 2017
finance.yahoo.com - September 23 at 10:44 AM
prnewswire.com logoPre-Market Technical Recap on Investment Brokerage Stocks -- Morgan Stanley ...
www.prnewswire.com - September 18 at 7:46 AM
americanbankingnews.com logoVirtu Financial, Inc. (VIRT) Research Coverage Started at Rosenblatt Securities
www.americanbankingnews.com - September 15 at 4:52 PM
finance.yahoo.com logoVirtu Financial, Inc. breached its 50 day moving average in a Bearish Manner : VIRT-US : September 14, 2017
finance.yahoo.com - September 15 at 11:02 AM
marketwatch.com logoRelevium Launches First Stage Big Data & AI Project and Engages agileDSS Inc.
www.marketwatch.com - September 9 at 9:45 AM
marketwatch.com logoRelevium Launches First Stage Big Data & AI Project and Engages agileDSS Inc.
www.marketwatch.com - September 9 at 9:45 AM
americanbankingnews.com logoVirtu Financial, Inc. (VIRT) Receives Average Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - September 7 at 2:46 AM
finance.yahoo.com logoThe Three Quants In Their 20s Running A Hedge Fund Making $1 Billion Of Trades Daily
finance.yahoo.com - September 6 at 9:53 AM
nasdaq.com logoVirtu Financial, Inc. (VIRT) Ex-Dividend Date Scheduled for August 30, 2017 - Nasdaq
www.nasdaq.com - August 30 at 10:52 AM
seekingalpha.com logoVirtu Might Be The Future Of Markets - Seeking Alpha
seekingalpha.com - August 22 at 7:38 AM
finance.yahoo.com logoVirtu Financial, Inc. breached its 50 day moving average in a Bullish Manner : VIRT-US : August 15, 2017
finance.yahoo.com - August 15 at 3:40 PM
finance.yahoo.com logoEarnings Review and Free Research Report: CME Group Reported Record Earnings
finance.yahoo.com - August 15 at 8:03 AM
americanbankingnews.com logoVirtu Financial, Inc. (NASDAQ:VIRT) Receives Consensus Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - August 13 at 2:40 AM
americanbankingnews.com logoVirtu Financial, Inc. (NASDAQ:VIRT) Upgraded to "Sell" by BidaskClub
www.americanbankingnews.com - August 12 at 7:54 AM
americanbankingnews.com logoVirtu Financial, Inc. (VIRT) Short Interest Update
www.americanbankingnews.com - August 12 at 1:44 AM
seekingalpha.com logoVirtu Financial, Inc. 2017 Q2 - Results - Earnings Call Slides
seekingalpha.com - August 10 at 8:36 PM
americanbankingnews.com logoVirtu Financial, Inc. (NASDAQ:VIRT) Major Shareholder Acquires $5,220,634.56 in Stock
www.americanbankingnews.com - August 10 at 7:26 PM
americanbankingnews.com logoCitigroup Inc. Reaffirms "Sell" Rating for Virtu Financial, Inc. (VIRT)
www.americanbankingnews.com - August 10 at 2:16 PM
finance.yahoo.com logoSee what the IHS Markit Score report has to say about Virtu Financial Inc.
finance.yahoo.com - August 10 at 9:22 AM
finance.yahoo.com logoIHS Markit Score Update: Drop in demand for ETFs holding Virtu Financial Inc is a negative sign for its shares
finance.yahoo.com - August 10 at 9:22 AM
americanbankingnews.com logoVirtu Financial Inc (VIRT) Announces Quarterly Dividend of $0.24
www.americanbankingnews.com - August 9 at 6:32 PM
marketwatch.com logoLow volatility dampens Virtu's profit - MarketWatch
www.marketwatch.com - August 9 at 8:54 AM
finance.yahoo.com logoEdited Transcript of VIRT earnings conference call or presentation 8-Aug-17 12:00pm GMT
finance.yahoo.com - August 9 at 8:54 AM
americanbankingnews.com logoVirtu Financial, Inc. (VIRT) Issues Quarterly Earnings Results, Misses Expectations By $0.07 EPS
www.americanbankingnews.com - August 8 at 9:00 AM
finance.yahoo.com logoInvestor Network: Virtu Financial, Inc. to Host Earnings Call
finance.yahoo.com - August 8 at 8:03 AM
finance.yahoo.com logoVirtu Announces Second Quarter 2017 Results
finance.yahoo.com - August 8 at 8:03 AM
finance.yahoo.com logoVirtu Financial posts 2Q profit
finance.yahoo.com - August 8 at 8:03 AM
americanbankingnews.com logoZacks: Analysts Anticipate Virtu Financial, Inc. (VIRT) to Post $0.23 EPS
www.americanbankingnews.com - August 7 at 6:26 PM
americanbankingnews.com logoVirtu Financial, Inc. (NASDAQ:VIRT) Downgraded by BidaskClub
www.americanbankingnews.com - August 5 at 10:22 AM
nasdaq.com logoWhy Virtu Financial (VIRT) Might Surprise This Earnings Season - Nasdaq
www.nasdaq.com - August 5 at 2:01 AM
ft.com logoVirtu Financial closes KCG’s European prop trading business
www.ft.com - August 4 at 9:43 AM
finance.yahoo.com logoWhy Virtu Financial (VIRT) Might Surprise This Earnings Season
finance.yahoo.com - August 4 at 9:43 AM
bloomberg.com logoIndex Giants Clash With Exchanges Over Shareholder Voting Rights
www.bloomberg.com - August 3 at 8:37 AM
bloomberg.com logoVirtu Is Said to Explore Sale of Fixed Income Unit BondPoint ... - Bloomberg
www.bloomberg.com - August 2 at 8:29 AM
bloomberg.com logoVirtu Is Said to Explore Sale of Fixed Income Unit BondPoint - Bloomberg
www.bloomberg.com - August 2 at 8:29 AM
wsj.com logoVirtu to Sell Electronic Bond Trading Platform - Wall Street Journal (subscription)
www.wsj.com - August 2 at 8:29 AM
wsj.com logoVirtu to Sell Electronic Bond Trading Platform - Wall Street Journal (subscription)
www.wsj.com - August 2 at 8:29 AM
finance.yahoo.com logo[$$] Virtu to Sell Electronic Bond Trading Platform
finance.yahoo.com - August 2 at 8:29 AM
finance.yahoo.com logo[$$] Virtu to Sell Electronic Bond Trading Platform
finance.yahoo.com - August 2 at 8:29 AM
reuters.com logoBRIEF-Temasek Holdings reports 21.1 pct stake in Virtu Financial
www.reuters.com - August 1 at 7:32 AM
americanbankingnews.com logoInteractive Brokers Group (IBKR) and Virtu Financial (VIRT) Critical Analysis
www.americanbankingnews.com - July 30 at 8:28 AM
bloomberg.com logoFTSE Russell's Dual-Class Stock Limits Would Bar Snap Shares ... - Bloomberg
www.bloomberg.com - July 28 at 9:42 AM
globenewswire.com logoVirtu Financial to Host Conference Call Announcing 2017 Second ... - GlobeNewswire (press release)
globenewswire.com - July 28 at 9:42 AM
finance.yahoo.com logoVirtu Financial to Host Conference Call Announcing 2017 Second Quarter Results on Tuesday, August 8, 2017
finance.yahoo.com - July 28 at 9:42 AM
thestreet.com logoThe FTSE Just Dealt This Major Blow to Beleaguered Snap and Blue Apron - TheStreet.com
www.thestreet.com - July 27 at 9:11 AM
reuters.com logoBRIEF-Virtu Financial's unit redeems outstanding 6.875% senior secured notes
www.reuters.com - July 25 at 8:17 AM
americanbankingnews.com logoVirtu Financial, Inc. (NASDAQ:VIRT) Scheduled to Post Quarterly Earnings on Tuesday
www.americanbankingnews.com - July 25 at 7:36 AM
americanbankingnews.com logoHoldings (Private) Ltd Temasek Acquires 6,346,155 Shares of Virtu Financial, Inc. (VIRT) Stock
www.americanbankingnews.com - July 24 at 7:26 PM
reuters.com logoMOVES-KCG electronic trading head Tusar exits firm as Virtu closes deal - Reuters
www.reuters.com - July 22 at 10:18 AM
globenewswire.com logoVirtu Financial, Inc. Completes Acquisition of KCG Holdings, Inc. - GlobeNewswire (press release)
globenewswire.com - July 21 at 8:26 AM

Social

Chart

Virtu Financial (VIRT) Chart for Sunday, September, 24, 2017

This page was last updated on 9/24/2017 by MarketBeat.com Staff