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NASDAQ:VIRTVirtu Financial Stock Price, Forecast & News

$21.86
+0.64 (+3.02 %)
(As of 05/25/2020 04:00 PM ET)
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Today's Range
$21.08
Now: $21.86
$21.92
50-Day Range
$21.22
MA: $23.61
$25.73
52-Week Range
$14.94
Now: $21.86
$26.57
Volume1.68 million shs
Average Volume1.44 million shs
Market Capitalization$4.21 billion
P/E Ratio16.31
Dividend Yield4.39%
Beta-0.46
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. 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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Beat the Market (BTM) Rank

Analyst Opinion: 3.1Community Rank: 2.5Dividend Strength: 2.5Insider Behavior: 2.0Valuation: 0.0 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.03 out of 5 stars


Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.53 billion
Cash Flow$1.75 per share
Book Value$6.43 per share

Profitability

Net Income$-58,600,000.00

Miscellaneous

Employees1,012
Market Cap$4.21 billion
Next Earnings Date8/13/2020 (Estimated)
OptionableOptionable

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Virtu Financial (NASDAQ:VIRT) Frequently Asked Questions

How has Virtu Financial's stock been impacted by COVID-19 (Coronavirus)?

Virtu Financial's stock was trading at $24.15 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, VIRT shares have decreased by 9.5% and is now trading at $21.86. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Virtu Financial?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Virtu Financial in the last year. There are currently 5 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Virtu Financial.

When is Virtu Financial's next earnings date?

Virtu Financial is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for Virtu Financial.

How were Virtu Financial's earnings last quarter?

Virtu Financial Inc (NASDAQ:VIRT) released its earnings results on Thursday, May, 7th. The financial services provider reported $2.05 EPS for the quarter, beating the consensus estimate of $1.39 by $0.66. The financial services provider had revenue of $1 billion for the quarter, compared to analyst estimates of $563.55 million. Virtu Financial had a net margin of 7.79% and a return on equity of 38.58%. The business's quarterly revenue was up 176.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.34 EPS. View Virtu Financial's earnings history.

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

Virtu Financial declared a quarterly dividend on Friday, May 8th. Stockholders of record on Monday, June 1st will be given a dividend of $0.24 per share on Monday, June 15th. This represents a $0.96 dividend on an annualized basis and a yield of 4.39%. The ex-dividend date is Friday, May 29th. View Virtu Financial's dividend history.

What price target have analysts set for VIRT?

7 brokerages have issued 12-month target prices for Virtu Financial's shares. Their forecasts range from $15.50 to $28.00. On average, they expect Virtu Financial's stock price to reach $24.36 in the next twelve months. This suggests a possible upside of 11.4% from the stock's current price. View analysts' price targets for Virtu Financial.

Has Virtu Financial been receiving favorable news coverage?

Media stories about VIRT stock have trended negative this week, according to InfoTrie Sentiment. The research firm rates the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Virtu Financial earned a media sentiment score of -2.1 on InfoTrie's scale. They also gave press coverage about the financial services provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news aboutVirtu Financial.

Who are some of Virtu Financial's key competitors?

What other stocks do shareholders of Virtu Financial own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Virtu Financial investors own include Keane Group (FRAC), El Pollo LoCo (LOCO), BioCryst Pharmaceuticals (BCRX), Vereit (VER), Advanced Micro Devices (AMD), Alcoa (AA), Inovio Pharmaceuticals (INO), La Jolla Pharmaceutical (LJPC), General Electric (GE) and NVIDIA (NVDA).

Who are Virtu Financial's key executives?

Virtu Financial's management team includes the following 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 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.

What is Virtu Financial's stock symbol?

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

Who are Virtu Financial's major shareholders?

Virtu Financial's stock is owned by many different institutional and retail investors. Top institutional shareholders include William Blair Investment Management LLC (4.23%), Vaughan Nelson Investment Management L.P. (2.19%), BlackRock Inc. (1.49%), Wells Fargo & Company MN (0.74%), APG Asset Management N.V. (0.65%) and APG Asset Management N.V. (0.65%). Company insiders that own Virtu Financial stock include Douglas A Cifu, Holdings (Private) Ltd Temasek, John Nixon, Joseph C Grano, Joseph Molluso and Stephen Cavoli. 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 Vaughan Nelson Investment Management L.P., New York State Common Retirement Fund, BlackRock Inc., Morgan Stanley, Rothschild & Co. Asset Management US Inc., National Investment Services of America LLC, Blair William & Co. IL, and Citigroup Inc.. Company insiders that have sold Virtu Financial company stock in the last year include Holdings (Private) Ltd Temasek, and Joseph C Grano. View insider buying and selling activity for Virtu Financial.

Which major investors are buying Virtu Financial stock?

VIRT stock was acquired by a variety of institutional investors in the last quarter, including APG Asset Management N.V., APG Asset Management N.V., APG Asset Management N.V., Wells Fargo & Company MN, Gratus Capital LLC, Nuveen Asset Management LLC, Parametric Portfolio Associates LLC, and Cobalt Capital Management Inc.. 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 activity 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 $21.86.

How big of a company is Virtu Financial?

Virtu Financial has a market capitalization of $4.21 billion and generates $1.53 billion in revenue each year. The financial services provider earns $-58,600,000.00 in net income (profit) each year or $0.61 on an earnings per share basis. Virtu Financial employs 1,012 workers across the globe.

What is Virtu Financial's official website?

The official website for Virtu Financial is www.virtu.com.

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]

This page was last updated on 5/26/2020 by MarketBeat.com Staff

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