NASDAQ:VIRT - Virtu Financial Stock Price, Price Target & More

Sign in or create an account to add this stock to your watchlist.
$29.80 +0.05 (+0.17 %)
(As of 06/24/2018 08:44 AM ET)
Previous Close$29.80
Today's Range$29.5250 - $30.05
52-Week Range$13.10 - $37.85
Volume4.86 million shs
Average Volume1.12 million shs
Market Capitalization$5.60 billion
P/E Ratio25.00
Dividend Yield3.23%
Beta-0.67
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.

Receive VIRT News and Ratings via Email

Sign-up to receive the latest news and ratings for VIRT and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

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

Debt

Debt-to-Equity Ratio0.77
Current Ratio0.66
Quick Ratio0.66

Price-To-Earnings

Trailing P/E Ratio25.00
Forward P/E Ratio13.67
P/E Growth2.73

Sales & Book Value

Annual Sales$1.02 billion
Price / Sales5.48
Cash Flow$0.9155 per share
Price / Cash32.55
Book Value$6.15 per share
Price / Book4.85

Profitability

EPS (Most Recent Fiscal Year)$0.57
Net Income$2.93 million
Net Margins11.08%
Return on Equity20.32%
Return on Assets3.21%

Miscellaneous

Employees560
Outstanding Shares188,160,000

The Truth About Cryptocurrencies

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 Friday, May 4th. Investors of record on Friday, June 1st will be given a dividend of $0.24 per share on Friday, June 15th. This represents a $0.96 dividend on an annualized basis and a yield of 3.22%. The ex-dividend date is Thursday, May 31st. View Virtu Financial's Dividend History.

How will Virtu Financial's stock buyback program work?

Virtu Financial declared that its board has authorized a share repurchase program on Thursday, February 8th 2018, which authorizes the company to repurchase $50,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are usually a sign that the company's leadership believes its stock is undervalued.

How were Virtu Financial's earnings last quarter?

Virtu Financial (NASDAQ:VIRT) issued its quarterly earnings results on Friday, May, 4th. The financial services provider reported $0.76 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.61 by $0.15. The financial services provider earned $406.10 million during the quarter, compared to analysts' expectations of $307.24 million. Virtu Financial had a return on equity of 20.32% and a net margin of 11.08%. The firm's quarterly revenue was up 190.9% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.16 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 Thursday, August, 2nd 2018. View Earnings Estimates for Virtu Financial.

What price target have analysts set for VIRT?

8 analysts have issued 1-year target prices for Virtu Financial's shares. Their predictions range from $28.00 to $38.00. On average, they expect Virtu Financial's share price to reach $34.75 in the next year. View Analyst Ratings for Virtu Financial.

Are investors shorting Virtu Financial?

Virtu Financial saw a decline in short interest in May. As of May 15th, there was short interest totalling 3,788,257 shares, a decline of 27.4% from the April 30th total of 5,216,153 shares. Based on an average daily trading volume, of 2,572,331 shares, the short-interest ratio is presently 1.5 days. Currently, 7.7% of the company's shares are short sold. View Virtu Financial's Current Options Chain.

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 (IPO) 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?

Media headlines about VIRT stock have been trending somewhat positive this week, Accern reports. Accern ranks the sentiment of media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Virtu Financial earned a news impact score of 0.07 on Accern's scale. They also gave news coverage about the financial services provider an impact score of 46.91 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.

Who are Virtu Financial's major shareholders?

Virtu Financial's stock is owned by many different of retail and institutional investors. Top institutional investors include VIOLA VINCENT J (43.50%), Van Berkom & Associates Inc. (2.01%), BlackRock Inc. (1.12%), Artisan Partners Limited Partnership (0.56%), Neuberger Berman Group LLC (0.47%) and Dimensional Fund Advisors LP (0.30%). Company insiders that own Virtu Financial stock include Douglas A Cifu, Holdings (Private) Ltd Temasek, 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 Van Berkom & Associates Inc., Millennium Management LLC, Capital Advisors Inc. OK, Delek Group Ltd., Old West Investment Management LLC, Keeley Teton Advisors LLC, Blair William & Co. IL and GSA Capital Partners LLP. 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 Summit Trail Advisors LLC, Greenwich Wealth Management LLC, Robeco Institutional Asset Management B.V., BlackRock Inc., Summit Trail Advisors LLC, Dynamic Technology Lab Private Ltd, Quantbot Technologies LP and Susquehanna Fundamental Investments LLC. Company insiders that have bought Virtu Financial stock in the last two years include Douglas A Cifu, Holdings (Private) Ltd Temasek, 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 $29.80.

How big of a company is Virtu Financial?

Virtu Financial has a market capitalization of $5.60 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 (VIRT)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  114 (Vote Outperform)
Underperform Votes:  179 (Vote Underperform)
Total Votes:  293
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 6/24/2018 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.