Virtu 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.
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Industry, Sector and Symbol
Industry Security brokers & dealers
Sub-IndustryN/A
SectorFinance
Phone212-418-0100
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.88 billion
Profitability
Miscellaneous
Employees483
Next Earnings Date2/6/2020 (Estimated)
OptionableOptionable
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 Tuesday, November 5th. Shareholders of record on Monday, December 2nd will be paid a dividend of $0.24 per share on Monday, December 16th. This represents a $0.96 dividend on an annualized basis and a yield of 5.73%. The ex-dividend date is Friday, November 29th. View Virtu Financial's Dividend History.
How will Virtu Financial's stock buyback program work?
Virtu Financial announced that its board has authorized a stock repurchase plan on Thursday, February 8th 2018, which permits the company to buyback $50,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Shares buyback plans are generally a sign that the company's leadership believes its shares are undervalued.
How were Virtu Financial's earnings last quarter?
Virtu Financial Inc (NASDAQ:VIRT) issued its earnings results on Tuesday, November, 5th. The financial services provider reported $0.21 earnings per share for the quarter, hitting the Zacks' consensus estimate of $0.21. The financial services provider earned $245 million during the quarter, compared to analyst estimates of $241.79 million. Virtu Financial had a return on equity of 18.75% and a net margin of 2.55%. The business's revenue was up 37.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.22 earnings per share. View Virtu Financial's Earnings History.
When is Virtu Financial's next earnings date?
What price target have analysts set for VIRT?
7 brokers have issued 12-month price targets for Virtu Financial's stock. Their forecasts range from $17.00 to $29.00. On average, they anticipate Virtu Financial's stock price to reach $21.86 in the next twelve months. This suggests a possible upside of 30.5% from the stock's current price. View Analyst Price Targets for Virtu Financial.
What is the consensus analysts' recommendation for Virtu Financial?
7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Virtu Financial in the last year. There are currently 4 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Virtu Financial.
Has Virtu Financial been receiving favorable news coverage?
News articles about VIRT stock have been trending positive this week, InfoTrie Sentiment reports. The research firm scores the sentiment of press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Virtu Financial earned a media sentiment score of 3.0 on InfoTrie's scale. They also gave media headlines about the financial services provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the near term. View News Stories for Virtu Financial.
Are investors shorting Virtu Financial?
Virtu Financial saw a increase in short interest in the month of October. As of October 31st, there was short interest totalling 13,530,000 shares, an increase of 8.6% from the September 30th total of 12,460,000 shares. Based on an average trading volume of 1,056,000 shares, the days-to-cover ratio is presently 12.8 days. Currently, 18.0% of the shares of the stock are sold short. View Virtu Financial's Current Options Chain.
Who are some of Virtu Financial's key competitors?
Some companies that are related to Virtu Financial include Raymond James (RJF), SEI Investments (SEIC), Jefferies Financial Group (JEF), Stifel Financial (SF), Navient (NAVI), Future Healthcare of America (FUTU), Futu (FHL), Waddell & Reed Financial (WDR), Piper Jaffray Companies (PJC), Associated Capital Group (AC), Wisdom Tree Investments (WETF), Freedom (FRHC), Gamco Investors (GBL), Cowen (COWN) and Oppenheimer (OPY).
What other stocks do shareholders of Virtu Financial own?
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 54)
- Mr. Vincent J. Viola, Founder & Chairman Emeritus (Age 63)
- Mr. Joseph A. Molluso, Exec. VP & CFO (Age 50)
- Mr. Stephen John Cavoli Sr., Exec. VP and Head of Execution Services, US & Latin America (Age 50)
- Mr. Brett Michael Fairclough, COO & Global Head of Bus. Devel.
When did Virtu Financial IPO?
(VIRT) raised $297 million in an initial public offering (IPO) 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. served 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 are Virtu Financial's major shareholders?
Virtu Financial's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Vaughan Nelson Investment Management L.P. (3.61%), Peregrine Capital Management LLC (0.36%), Robeco Institutional Asset Management B.V. (0.29%), Janney Montgomery Scott LLC (0.09%), First Trust Advisors LP (0.08%) and National Investment Services Inc. WI (0.07%). Company insiders that own Virtu Financial stock include Douglas A Cifu, Holdings (Private) Ltd Temasek, John Nixon, Joseph Molluso, Stephen Cavoli and Tjmt Holdings Llc. View Institutional Ownership Trends for Virtu Financial.
Which institutional investors are selling Virtu Financial stock?
VIRT stock was sold by a variety of institutional investors in the last quarter, including Vaughan Nelson Investment Management L.P., First Trust Advisors LP, New England Research & Management Inc., National Investment Services Inc. WI, SG Americas Securities LLC, Great West Life Assurance Co. Can and Bowling Portfolio Management LLC. Company insiders that have sold Virtu Financial company stock in the last year include Douglas A Cifu and Stephen Cavoli. View Insider Buying and Selling for Virtu Financial.
Which institutional investors are buying Virtu Financial stock?
VIRT stock was purchased by a variety of institutional investors in the last quarter, including Robeco Institutional Asset Management B.V., State of New Jersey Common Pension Fund D, Russell Investments Group Ltd., BBVA USA Bancshares Inc., Yorktown Management & Research Co Inc, California Public Employees Retirement System, Peregrine Capital Management LLC and Virginia Retirement Systems ET AL. Company insiders that have bought Virtu Financial stock in the last two years include Douglas A Cifu and John Nixon. 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, Robinhood, Fidelity and Charles Schwab.
What is Virtu Financial's stock price today?
One share of VIRT stock can currently be purchased for approximately $16.75.
How big of a company is Virtu Financial?
Virtu Financial has a market capitalization of $3.19 billion and generates $1.88 billion in revenue each year. The financial services provider earns $289.44 million in net income (profit) each year or $1.96 on an earnings per share basis. Virtu Financial employs 483 workers across the globe.View Additional Information About Virtu Financial.
What is Virtu Financial's official website?
How can I contact Virtu Financial?
Virtu Financial's mailing address is 165 BROADWAY, NEW YORK NY, 10006. 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)
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.
