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

$20.66
+0.51 (+2.53 %)
(As of 09/16/2019 10:44 AM ET)
Today's Range
$20.07
Now: $20.66
$20.80
50-Day Range
$17.83
MA: $19.48
$22.73
52-Week Range
$17.61
Now: $20.66
$29.17
Volume74,758 shs
Average Volume852,285 shs
Market Capitalization$3.94 billion
P/E Ratio10.54
Dividend Yield4.70%
Beta-0.54
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. Read More…

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$1.88 billion
Cash Flow$2.5793 per share
Book Value$7.88 per share

Profitability

Net Income$289.44 million

Miscellaneous

Employees483
Market Cap$3.94 billion
Next Earnings Date11/6/2019 (Estimated)
OptionableOptionable

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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 Thursday, August 8th. Shareholders of record on Tuesday, September 3rd will be paid a dividend of $0.24 per share on Monday, September 16th. This represents a $0.96 annualized dividend and a dividend yield of 4.69%. The ex-dividend date is Friday, August 30th. 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 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 reacquire shares of its stock through open market purchases. Stock buyback plans are typically a sign that the company's management believes its stock is undervalued.

How were Virtu Financial's earnings last quarter?

Virtu Financial Inc (NASDAQ:VIRT) announced its earnings results on Thursday, August, 8th. The financial services provider reported $0.16 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.27 by $0.11. The financial services provider had revenue of $378.50 million for the quarter, compared to analyst estimates of $262.19 million. Virtu Financial had a return on equity of 17.64% and a net margin of 3.58%. The business's revenue was up 15.4% compared to the same quarter last year. During the same period last year, the firm posted $0.31 EPS. 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 Wednesday, November 6th 2019. View Earnings Estimates for Virtu Financial.

What price target have analysts set for VIRT?

7 analysts have issued 12 month price targets for Virtu Financial's stock. Their predictions range from $20.00 to $29.00. On average, they expect Virtu Financial's stock price to reach $24.8333 in the next year. This suggests a possible upside of 21.4% 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 3 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Virtu Financial.

Has Virtu Financial been receiving favorable news coverage?

Media headlines about VIRT stock have trended somewhat positive on Monday, InfoTrie Sentiment reports. The research firm scores the sentiment of news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Virtu Financial earned a news impact score of 0.9 on InfoTrie's scale. They also assigned news articles about the financial services provider a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for Virtu Financial.

Are investors shorting Virtu Financial?

Virtu Financial saw a increase in short interest during the month of August. As of August 31st, there was short interest totalling 11,456,000 shares, an increase of 9.8% from the July 31st total of 10,437,900 shares. Based on an average daily trading volume, of 1,020,000 shares, the days-to-cover ratio is presently 11.2 days. Approximately 15.3% of the company's stock are sold short. View Virtu Financial's Current Options Chain.

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), Alcoa (AA), Advanced Micro Devices (AMD), La Jolla Pharmaceutical (LJPC), Inovio Pharmaceuticals (INO), Exelixis (EXEL) and AK Steel (AKS).

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 many different of institutional and retail investors. Top institutional shareholders include Vaughan Nelson Investment Management L.P. (3.74%), Vanguard Group Inc. (3.39%), William Blair Investment Management LLC (3.03%), Van Berkom & Associates Inc. (2.82%), BlackRock Inc. (1.36%) and Rothschild & Co. Asset Management US Inc. (0.64%). 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 APG Asset Management N.V., Bank of New York Mellon Corp, Invesco Ltd., Strycker View Capital LLC, First Trust Advisors LP, D. E. Shaw & Co. Inc., Morgan Stanley and Meadow Creek Investment 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 bought by a variety of institutional investors in the last quarter, including Vaughan Nelson Investment Management L.P., William Blair Investment Management LLC, Natixis Advisors L.P., Assetmark Inc., Van Berkom & Associates Inc., Jacobs Asset Management LLC, Keeley Teton Advisors LLC and Bank of America Corp DE. 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 $20.45.

How big of a company is Virtu Financial?

Virtu Financial has a market capitalization of $3.90 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?

The official website for Virtu Financial is http://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]


MarketBeat Community Rating for Virtu Financial (NASDAQ VIRT)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  246 (Vote Outperform)
Underperform Votes:  295 (Vote Underperform)
Total Votes:  541
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 9/16/2019 by MarketBeat.com Staff

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