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: Investment Brokerage - National
  • Sub-Industry: N/A
  • Symbol: NASDAQ:VIRT
  • CUSIP: N/A
  • Web: www.virtu.com
Capitalization:
  • Market Cap: $648.64 million
  • Outstanding Shares: 40,667,000
Average Prices:
  • 50 Day Moving Avg: $15.63
  • 200 Day Moving Avg: $16.02
  • 52 Week Range: $12.35 - $19.07
P/E:
  • Trailing P/E Ratio: 23.81
  • Foreward P/E Ratio: 15.79
  • P/E Growth: -7.75
Sales & Book Value:
  • Annual Revenue: $567.89 million
  • Price / Sales: 1.14
  • Book Value: $3.57 per share
  • Price / Book: 4.47
Dividend:
  • Annual Dividend: $0.96
  • Dividend Yield: 6.2%
Profitability:
  • Net Margins: 4.94%
  • Return on Equity: 19.37%
  • Return on Assets: 2.64%
Debt:
  • Debt-to-Equity Ratio: 0.97%
  • Current Ratio: 0.48%
  • Quick Ratio: 0.48%
Misc:
  • Average Volume: 590,754 shs.
  • Beta: 0.43
  • Short Ratio: 9.37
 

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 Friday, May 5th. Stockholders of record on Thursday, June 1st will be given a dividend of $0.24 per share on Thursday, June 15th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 6.02%. The ex-dividend date of this dividend is Tuesday, May 30th. View Virtu Financial's Dividend History.

How were Virtu Financial's earnings last quarter?

Virtu Financial Inc (NASDAQ:VIRT) posted its earnings results on Thursday, May, 4th. The company reported $0.16 EPS for the quarter, missing the consensus estimate of $0.16 by $0.00. The firm earned $79.40 million during the quarter, compared to analysts' expectations of $82.20 million. Virtu Financial had a return on equity of 19.37% and a net margin of 4.94%. Virtu Financial's revenue for the quarter was down 32.3% on a year-over-year basis. During the same period in the prior year, the firm posted $0.31 earnings per share. View Virtu Financial's Earnings History.

When will Virtu Financial make its next earnings announcement?

Virtu Financial is scheduled to release their next quarterly earnings announcement on Tuesday, August, 1st 2017. View Earnings Estimates for Virtu Financial.

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

1 equities research analysts have issued 1-year target prices for Virtu Financial's stock. Their forecasts range from $13.00 to $13.00. On average, they expect Virtu Financial's stock price to reach $13.00 in the next twelve months. View Analyst Ratings for Virtu Financial.

Are investors shorting Virtu Financial?

Virtu Financial saw a increase in short interest in the month of April. As of April 28th, there was short interest totalling 7,308,638 shares, an increase of 49.1% from the April 13th total of 4,901,068 shares. Based on an average daily volume of 945,503 shares, the short-interest ratio is presently 7.7 days. Approximately 18.9% of the shares of the stock are short sold.

Who are some of Virtu Financial's key competitors?

When did Virtu Financial IPO?

(VIRT) raised $297 million in an IPO on Thursday, April 16th 2015. The company issued 16,500,000 shares at a price of $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 retail and institutional investors. Top institutional investors include William Blair Investment Management LLC (6.28%), Vanguard Group Inc. (5.60%), FMR LLC (3.89%), Peregrine Capital Management LLC (3.01%), Goldman Sachs Group Inc. (1.32%) and Neuberger Berman Group LLC (2.54%). Company insiders that own Virtu Financial stock include Douglas A Cifu, Michael J Bingle, 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 FMR LLC, William Blair Investment Management LLC, Goldman Sachs Group Inc., Peregrine Capital Management LLC, Bank of America Corp DE, Credit Suisse AG, Tudor Investment Corp ET AL and JPMorgan Chase & Co.. View Insider Buying and Selling for Virtu Financial.

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

Virtu Financial's stock was bought by a variety of institutional investors in the last quarter, including Neuberger Berman Group LLC, Hodges Capital Management Inc., Capital Advisors Inc. OK, Spark Investment Management LLC, Renaissance Technologies LLC, Morgan Stanley, Boston Partners and UBS Group AG. Company insiders that have bought Virtu Financial stock in the last two years include Douglas A Cifu, 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.

How much does a share of Virtu Financial stock cost?

One share of Virtu Financial stock can currently be purchased for approximately $15.95.

Analyst Ratings

Consensus Ratings for Virtu Financial (NASDAQ:VIRT) (?)
Ratings Breakdown: 1 Sell Rating
Consensus Rating:Sell (Score: 1.00)
Consensus Price Target: $13.00 (18.50% downside)

Analysts' Ratings History for Virtu Financial (NASDAQ:VIRT)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
11/20/2016Credit Suisse Group AGReiterated RatingUnderperform$13.00N/AView Rating Details
4/5/2016Goldman Sachs Group IncReiterated RatingBuy$26.00 -> $24.50N/AView Rating Details
8/6/2015JPMorgan Chase & Co.Lower Price TargetNeutral$22.00 -> $20.00N/AView Rating Details
5/27/2015Citigroup IncInitiated CoverageNeutral$22.00N/AView Rating Details
(Data available from 5/22/2015 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
8/1/2017        
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)
Current Year EPS Consensus Estimate: $0.74 EPS
Next Year EPS Consensus Estimate: $1.01 EPS

Dividends

Current Dividend Information for Virtu Financial (NASDAQ:VIRT)
Next Dividend:6/15/2017
Annual Dividend:$0.96
Dividend Yield:6.02%
Payout Ratio:109.09% (Trailing 12 Months of Earnings)
129.73% (Based on This Year's Estimates)
95.05% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Virtu Financial (NASDAQ:VIRT)

Dividend History by Quarter for Virtu Financial (NASDAQ:VIRT)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
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: 71.00%
Institutional Ownership Percentage: 89.85%
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
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. Commences Marketing of Senior Secured First Lien Term Loan
finance.yahoo.com - May 22 at 8:18 AM
americanbankingnews.com logoVirtu Financial Inc (VIRT) Raised to Hold at TheStreet
www.americanbankingnews.com - May 20 at 9:00 AM
americanbankingnews.com logoVirtu Financial Inc (VIRT) Downgraded by Zacks Investment Research
www.americanbankingnews.com - May 17 at 9:38 AM
americanbankingnews.com logoVirtu Financial Inc (VIRT) Sees Significant Increase in Short Interest
www.americanbankingnews.com - May 11 at 7:14 AM
wsj.com logoVirtu CEO Aims to Be the Good Guy of High-Speed Trading
www.wsj.com - May 6 at 1:12 AM
finance.yahoo.com logo[$$] Virtu CEO Aims to Be the Good Guy of High-Speed Trading
finance.yahoo.com - May 6 at 1:12 AM
americanbankingnews.com logoVirtu Financial Inc (VIRT) Plans Quarterly Dividend of $0.24
www.americanbankingnews.com - May 5 at 7:32 PM
americanbankingnews.com logoVirtu Financial Inc (VIRT) Issues Quarterly Earnings Results
www.americanbankingnews.com - May 5 at 12:18 AM
marketbeat.com logoVirtu Financial posts 1Q profit
marketbeat.com - May 4 at 10:13 AM
reuters.com logoBRIEF-Virtu reports Q1 earnings per share $0.10
www.reuters.com - May 4 at 9:51 AM
finance.yahoo.com logoVirtu Announces First Quarter 2017 Results
finance.yahoo.com - May 4 at 9:51 AM
americanbankingnews.com logoVirtu Financial Inc (VIRT) Expected to Announce Earnings of $0.18 Per Share
www.americanbankingnews.com - May 3 at 6:02 PM
prnewswire.com logoResearch Reports Initiation on Investment Brokerage - National ... - PR Newswire (press release)
www.prnewswire.com - May 2 at 6:36 PM
americanbankingnews.com logoVirtu Financial (VIRT) Receiving Favorable Media Coverage, Study Shows
www.americanbankingnews.com - May 2 at 2:34 PM
americanbankingnews.com logoVirtu Financial Inc (VIRT) Scheduled to Post Earnings on Thursday
www.americanbankingnews.com - May 2 at 2:20 PM
bizjournals.com logoResearch Reports Initiation on Investment Brokerage - National Stocks -- LPL Financial, KCG Holdings, Virtu Financial, and Interactive Brokers
www.bizjournals.com - May 2 at 8:28 AM
americanbankingnews.com logoShort Interest in Virtu Financial Inc (VIRT) Increases By 11.6%
www.americanbankingnews.com - May 2 at 7:14 AM
americanbankingnews.com logoVirtu Financial (VIRT) Given Daily News Impact Rating of 0.30
www.americanbankingnews.com - April 29 at 11:34 AM
finance.yahoo.com logo[$$] Virtu and Citadel Securties go head-to-head in HFT
finance.yahoo.com - April 28 at 10:41 AM
businesswire.com logoINVESTOR ALERT: Levi & Korsinsky, LLP Announces an Investigation Concerning Whether the Sale of KCG Holdings, Inc. to Virtu Financial, Inc. for $20 Per Share is Fair to ...
www.businesswire.com - April 27 at 11:00 PM
businesswire.com logoINVESTOR ALERT: Brower Piven Commences An Investigation Into The Proposed Sale Of KCG Holdings, Inc. And Encourages Shareholders To Contact The Firm For Additional Information
www.businesswire.com - April 26 at 5:06 PM
finance.yahoo.com logoINVESTOR ALERT: Brower Piven Commences An Investigation Into The Proposed Sale Of KCG Holdings, Inc. …
finance.yahoo.com - April 26 at 5:06 PM
americanbankingnews.com logoVirtu Financial (VIRT) Given Daily Media Sentiment Score of 0.25
www.americanbankingnews.com - April 26 at 10:18 AM
ft.com logoVirtu and Citadel Securities go head to head in HFT
www.ft.com - April 25 at 7:28 PM
americanbankingnews.com logoVirtu Financial (VIRT) Receives Daily Coverage Optimism Score of 0.27
www.americanbankingnews.com - April 23 at 12:38 PM
reuters.com logoBRIEF-KCG holdings says Virtu Financial must pay co fee of $45 mln in case of deal termination - Reuters
www.reuters.com - April 23 at 8:17 AM
seekingalpha.com logoVirtu Financial To Acquire KCG Holdings For $1.4 Billion - Seeking Alpha
seekingalpha.com - April 23 at 8:17 AM
rttnews.com logoKCG Holdings Inc. (KCG) Jumped To A New High After Merger
www.rttnews.com - April 21 at 8:39 PM
reuters.com logoBRIEF-KCG holdings says Virtu Financial must pay co fee of $45 mln in case of deal termination
www.reuters.com - April 21 at 8:39 PM
nasdaq.com logoBUZZ-U.S. STOCKS ON THE MOVE- Virtu, steel stocks, AmEx, CSX - Nasdaq
www.nasdaq.com - April 21 at 9:14 AM
marketwatch.com logoKCG Holdings stock soars after buyout deal with Virtu Financial - MarketWatch
www.marketwatch.com - April 21 at 9:14 AM
wsj.com logoVirtu Agrees to Buy Rival KCG Amid Tough Conditions in Speed ... - Wall Street Journal (subscription)
www.wsj.com - April 21 at 9:14 AM
finance.yahoo.com logoBlog Coverage High Speed Trading Firm KCG Holdings Bought by Virtu Financial
finance.yahoo.com - April 21 at 9:14 AM
seekingalpha.com logoVirtu Financial's (VIRT) CEO Douglas Cifu on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - April 21 at 12:11 AM
News IconVirtu Financial is buying KCG Holdings for $1.4 billion
www.businessinsider.com - April 21 at 12:11 AM
marketwatch.com logoVirtu Financial, Inc. Agrees to Acquire KCG Holdings, Inc. to Create a Premier Market Maker and Agency Execution Firm
www.marketwatch.com - April 21 at 12:11 AM
finance.yahoo.com logo2 Wall Street trading firms just announced a big deal, and employees should probably be worried
finance.yahoo.com - April 21 at 12:11 AM
finance.yahoo.com logoVirtu Financial to Buy KCG Holdings
finance.yahoo.com - April 21 at 12:11 AM
americanbankingnews.com logoVirtu Financial (VIRT) Earns Daily Media Sentiment Rating of 0.32
www.americanbankingnews.com - April 20 at 7:45 PM
ft.com logoVirtu Financial set to seal takeover of KCG Holdings
www.ft.com - April 19 at 8:48 PM
reuters.com logoBRIEF-Virtu Financial set to seal takeover of KCG holdings deal - FT, citing sources
www.reuters.com - April 19 at 8:48 PM
finance.yahoo.com logoTrump pick for Commerce's No. 2 withdraws, blames conflicts
finance.yahoo.com - April 19 at 8:48 PM
marketbeat.com logoTrump pick for Commerce's No. 2 withdraws, blames conflicts
marketbeat.com - April 19 at 5:14 PM
americanbankingnews.com logoVirtu Financial Inc (VIRT) Insider Acquires $2,234,619.32 in Stock
www.americanbankingnews.com - April 18 at 8:23 AM
americanbankingnews.com logoVirtu Financial (VIRT) Earns Media Sentiment Score of 0.31
www.americanbankingnews.com - April 17 at 10:53 AM
americanbankingnews.com logoVirtu Financial (VIRT) Getting Favorable Media Coverage, Report Finds
www.americanbankingnews.com - April 13 at 2:30 PM
americanbankingnews.com logoVirtu Financial Inc (VIRT) Insider Tjmt Holdings Llc Acquires 100,000 Shares
www.americanbankingnews.com - April 13 at 8:01 AM
americanbankingnews.com logoZacks: Analysts Anticipate Virtu Financial Inc (VIRT) Will Announce Earnings of $0.18 Per Share
www.americanbankingnews.com - April 12 at 2:27 PM
americanbankingnews.com logoVirtu Financial Inc (VIRT) Insider Acquires $2,398,401.36 in Stock
www.americanbankingnews.com - April 8 at 7:36 AM
wsj.com logoData Clash Heats Up Between Banks and New York Stock Exchange
www.wsj.com - April 7 at 1:21 PM

Social

Virtu Financial (VIRT) Chart for Monday, May, 22, 2017

This page was last updated on 5/22/2017 by MarketBeat.com Staff