Virtu Financial, Inc. engages in the business of buying and selling of securities and other financial instruments. It offers market making and trading solutions. The company was founded by Vincent Viola in 2008 and is headquartered in New York, NY.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Security brokers & dealers
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:VIRT
Previous Symbol
CUSIPN/A
Phone212-418-0100
Debt
Debt-to-Equity Ratio0.65
Current Ratio0.60
Quick Ratio0.60
Price-To-Earnings
Trailing P/E Ratio43.72
Forward P/E Ratio17.67
P/E Growth3.48
Sales & Book Value
Annual Sales$1.02 billion
Price / Sales4.63
Cash Flow$0.9292 per share
Price / Cash26.82
Book Value$6.15 per share
Price / Book4.05
Profitability
EPS (Most Recent Fiscal Year)$0.57
Net Income$2.93 million
Net Margins12.32%
Return on Equity19.85%
Return on Assets3.66%
Miscellaneous
Employees560
Outstanding Shares190,430,000
Market Cap$4.67 billion
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 declared a quarterly dividend on Thursday, November 8th. Shareholders of record on Friday, November 30th will be paid a dividend of $0.24 per share on Friday, December 14th. This represents a $0.96 dividend on an annualized basis and a yield of 3.85%. The ex-dividend date is Thursday, November 29th. View Virtu Financial's Dividend History.
How will Virtu Financial's stock buyback program work?
Virtu Financial announced that its board has initiated a stock buyback program on Thursday, February 8th 2018, which allows the company to repurchase $50,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Stock repurchase programs are typically a sign that the company's board of directors believes its shares are undervalued.
How were Virtu Financial's earnings last quarter?
Virtu Financial Inc (NASDAQ:VIRT) posted its quarterly earnings results on Wednesday, November, 7th. The financial services provider reported $0.22 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.19 by $0.03. The financial services provider had revenue of $177.92 million for the quarter, compared to the consensus estimate of $171.99 million. Virtu Financial had a net margin of 12.32% and a return on equity of 19.85%. The firm's quarterly revenue was up 11.3% compared to the same quarter last year. During the same period last year, the business earned $0.08 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?
10 equities research analysts have issued 12 month price targets for Virtu Financial's shares. Their predictions range from $22.00 to $38.00. On average, they expect Virtu Financial's stock price to reach $29.10 in the next year. This suggests a possible upside of 16.8% from the stock's current price. View Analyst Price Targets for Virtu Financial.
What is the consensus analysts' recommendation for Virtu Financial?
10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Virtu Financial in the last year. There are currently 7 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?
Press coverage about VIRT stock has been trending neutral on Tuesday, according to InfoTrie Sentiment. InfoTrie identifies negative and positive news 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 news sentiment score of 0.3 on InfoTrie's scale. They also gave news articles about the financial services provider a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the next several days.
Who are some of Virtu Financial's key competitors?
Some companies that are related to Virtu Financial include Nomura (NMR), Raymond James (RJF), SEI Investments (SEIC), MarketAxess (MKTX), Stifel Financial (SF), Navient (NAVI), Waddell & Reed Financial (WDR), Wisdom Tree Investments (WETF), Piper Jaffray Companies (PJC), Associated Capital Group (AC), Investment Technology Group (ITG), Gamco Investors (GBL), Greenhill & Co., Inc. (GHL), Cowen (COWN) and Oppenheimer (OPY).
Who are Virtu Financial's key executives?
Virtu Financial's management team includes the folowing people:
- Douglas A. Cifu, Chief Executive Officer & Director
- Joseph Molluso, CFO, Principal Accounting Officer & Executive VP
- Justin Waldie, Secretary, Senior Vice President & General Counsel
- Anthony Manganiello, Chief Administrative Officer
- Stephen Cavoli, Executive Vice President-Markets
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. 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 are Virtu Financial's major shareholders?
Virtu Financial's stock is owned by a variety of of institutional and retail investors. Top institutional investors include FMR LLC (3.62%), Van Berkom & Associates Inc. (2.56%), William Blair Investment Management LLC (2.29%), Royce & Associates LP (0.82%), Rothschild & Co. Asset Management US Inc. (0.51%) and Renaissance Technologies LLC (0.45%). 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 institutional investors are selling Virtu Financial stock?
VIRT stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Bank of Montreal Can, Credit Suisse AG, Wells Fargo & Company MN, Rothschild & Co. Asset Management US Inc., National Investment Services Inc. WI, Quantbot Technologies LP and Forward Management LLC. 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 institutional investors are buying Virtu Financial stock?
VIRT stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, Van Berkom & Associates Inc., Royce & Associates LP, William Blair Investment Management LLC, Mirae Asset Global Investments Co. Ltd., First Trust Advisors LP, Dimensional Fund Advisors LP and Highbridge Capital 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 $24.92.
How big of a company is Virtu Financial?
Virtu Financial has a market capitalization of $4.67 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.
What is Virtu Financial's official website?
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)
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.
