NASDAQ:VIRT - Virtu Financial Stock Price, News, & Analysis

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$21.85 +0.40 (+1.86 %)
(As of 08/19/2018 05:27 AM ET)
Previous Close$21.85
Today's Range$21.30 - $22.00
52-Week Range$13.10 - $37.85
Volume955,737 shs
Average Volume1.05 million shs
Market Capitalization$4.02 billion
P/E Ratio38.33
Dividend Yield4.45%
Beta-0.86
Virtu Financial logoVirtu Financial, Inc., together with its subsidiaries, provides market making and liquidity services through its proprietary, multi-asset, and multi-currency technology platform to the financial markets worldwide. The company's Market Making segment principally consists of market making in the cash, futures, and options markets across equities, options, fixed income, currencies, and commodities. Its Execution Services segment comprises agency-based trading and trading venues, which offer execution services in equities, ETFs, futures, and fixed income to institutions, banks, and broker dealers. Virtu Financial, Inc. was founded in 2008 and is headquartered in New York, New York.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Security brokers & dealers
Sub-IndustryN/A
SectorFinance
SymbolNASDAQ:VIRT
CUSIPN/A
Phone212-418-0100

Debt

Debt-to-Equity Ratio0.70
Current Ratio0.65
Quick Ratio0.65

Price-To-Earnings

Trailing P/E Ratio38.33
Forward P/E Ratio14.47
P/E Growth2.79

Sales & Book Value

Annual Sales$1.02 billion
Price / Sales4.06
Cash Flow$0.9463 per share
Price / Cash23.09
Book Value$6.15 per share
Price / Book3.55

Profitability

EPS (Most Recent Fiscal Year)$0.57
Net Income$2.93 million
Net Margins11.30%
Return on Equity19.62%
Return on Assets3.41%

Miscellaneous

Employees560
Outstanding Shares190,430,000
Market Cap$4.02 billion

Virtu Financial (NASDAQ:VIRT) Frequently Asked Questions

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 Monday, July 30th. Stockholders of record on Friday, August 31st will be paid a dividend of $0.24 per share on Friday, September 14th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 4.39%. The ex-dividend date is Thursday, August 30th. View Virtu Financial's Dividend History.

How will Virtu Financial's stock buyback program work?

Virtu Financial declared that its Board of Directors has authorized a stock repurchase plan on Thursday, February 8th 2018, which authorizes the company to buyback $50,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Stock buyback plans are generally an indication that the company's leadership believes its stock is undervalued.

How were Virtu Financial's earnings last quarter?

Virtu Financial Inc (NASDAQ:VIRT) released its earnings results on Friday, July, 27th. The financial services provider reported $0.31 earnings per share for the quarter, missing the consensus estimate of $0.38 by $0.07. The financial services provider earned $328.10 million during the quarter, compared to the consensus estimate of $236.08 million. Virtu Financial had a net margin of 11.30% and a return on equity of 19.62%. The business's revenue was up 126.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.13 earnings per share. View Virtu Financial's Earnings History.

When is Virtu Financial's next earnings date?

Virtu Financial is scheduled to release their next quarterly earnings announcement on Tuesday, November, 6th 2018. View Earnings Estimates for Virtu Financial.

What price target have analysts set for VIRT?

8 Wall Street analysts have issued 12-month price objectives for Virtu Financial's stock. Their predictions range from $22.00 to $38.00. On average, they anticipate Virtu Financial's share price to reach $29.7778 in the next twelve months. This suggests a possible upside of 36.3% from the stock's current price. View Analyst Price Targets for Virtu Financial.

What is the consensus analysts' recommendation for Virtu Financial?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Virtu Financial in the last year. There are currently 5 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." 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:
  • Mr. Douglas A. Cifu J.D., CEO & Director (Age 53)
  • Mr. Vincent J. Viola, Founder & Chairman Emeritus (Age 62)
  • Mr. Joseph A. Molluso, Exec. VP & CFO (Age 49)
  • Mr. Stephen J. Cavoli, Exec. VP of Markets (Age 49)
  • Mr. Anthony Manganiello, Chief Admin. Officer

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 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.

Has Virtu Financial been receiving favorable news coverage?

News coverage about VIRT stock has been trending somewhat positive on Sunday, Accern Sentiment reports. The research group identifies positive and negative media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Virtu Financial earned a daily sentiment score of 0.09 on Accern's scale. They also assigned news coverage about the financial services provider an impact score of 46.48 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near term. View Recent Headlines for Virtu Financial.

Who are Virtu Financial's major shareholders?

Virtu Financial's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Temasek Holdings Private Ltd (8.86%), Van Berkom & Associates Inc. (2.05%), FMR LLC (1.91%), BlackRock Inc. (1.21%), Artisan Partners Limited Partnership (0.71%) and Renaissance Technologies LLC (0.68%). Company insiders that own Virtu Financial stock include Douglas A Cifu, Holdings (Private) Ltd Temasek, John Nixon, Joseph Molluso, North Island Ventures, Llc and Tjmt Holdings Llc. View Institutional Ownership Trends for Virtu Financial.

Which major investors are selling Virtu Financial stock?

VIRT stock was sold by a variety of institutional investors in the last quarter, including Temasek Holdings Private Ltd, Dimensional Fund Advisors LP, National Investment Services Inc. WI, Advisors Asset Management Inc., Philadelphia Trust Co., Swiss National Bank, Bank of New York Mellon Corp and Virginia Retirement Systems ET AL. Company insiders that have sold Virtu Financial company stock in the last year include Douglas A Cifu, Holdings (Private) Ltd Temasek, Joseph Molluso and Tjmt Holdings Llc. View Insider Buying and Selling for Virtu Financial.

Which major investors are buying Virtu Financial stock?

VIRT stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, Renaissance Technologies LLC, Rothschild Asset Management Inc., Waddell & Reed Financial Inc., Smith Asset Management Group LP, Bank of Montreal Can, Artisan Partners Limited Partnership and Millennium Management LLC. Company insiders that have bought Virtu Financial stock in the last two years include Holdings (Private) Ltd Temasek, John Nixon, North Island Ventures, Llc and Tjmt Holdings Llc. View Insider Buying and Selling for Virtu Financial.

How do I buy shares of Virtu Financial?

Shares of VIRT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Virtu Financial's stock price today?

One share of VIRT stock can currently be purchased for approximately $21.85.

How big of a company is Virtu Financial?

Virtu Financial has a market capitalization of $4.02 billion and generates $1.02 billion in revenue each year. The financial services provider earns $2.93 million in net income (profit) each year or $0.57 on an earnings per share basis. Virtu Financial employs 560 workers across the globe.

How can I contact Virtu Financial?

Virtu Financial's mailing address is 300 VESEY STREET, NEW YORK NY, 10282. The financial services provider can be reached via phone at 212-418-0100 or via email at [email protected]


MarketBeat Community Rating for Virtu Financial (NASDAQ VIRT)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  137 (Vote Outperform)
Underperform Votes:  212 (Vote Underperform)
Total Votes:  349
MarketBeat's community ratings are surveys of what our community members think about Virtu Financial and other stocks. Vote "Outperform" if you believe VIRT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe VIRT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/19/2018 by MarketBeat.com Staff

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