Virtu Financial Company Profile (NASDAQ:VIRT)

About Virtu Financial (NASDAQ:VIRT)

Virtu Financial logoVirtu Financial, Inc. is a holding company. The Company is a technology-enabled market maker and liquidity provider to the financial markets across the world. It is engaged in buying or selling a range of securities and other financial instruments and earning small bid/ask spreads across various transactions. It has a single, multi-asset, multi-currency technology platform, through which it provides quotations to buyers and sellers in equities, commodities, currencies, options, fixed income and other securities on exchanges, markets and liquidity pools in various countries around the world. It makes markets in a range of different assets classes, such as Americas Equities; Europe, the Middle East and Africa (EMEA) Equities; Asia Pacific (APAC) Equities; Global Commodities; Global Currencies, and Options, Fixed Income and Other Securities. It makes markets for global banks, brokers and other intermediaries, and indirectly provides services to retail and institutional investors.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Financial & Commodity Market Operators - NEC
  • Sub-Industry: N/A
  • Symbol: NASDAQ:VIRT
  • CUSIP: N/A
  • Web: www.virtu.com
Capitalization:
  • Market Cap: $662.87 million
  • Outstanding Shares: 40,667,000
Average Prices:
  • 50 Day Moving Avg: $17.19
  • 200 Day Moving Avg: $16.81
  • 52 Week Range: $12.35 - $19.07
P/E:
  • Trailing P/E Ratio: 24.48
  • Foreward P/E Ratio: 16.80
  • P/E Growth: -8.41
Sales & Book Value:
  • Annual Revenue: $567.89 million
  • Price / Sales: 1.17
  • Book Value: $3.57 per share
  • Price / Book: 4.57
Dividend:
  • Annual Dividend: $0.96
  • Dividend Yield: 5.8%
Profitability:
  • Net Margins: 4.41%
  • Return on Equity: 20.72%
  • Return on Assets: 2.79%
Debt:
  • Debt-to-Equity Ratio: 1.07%
  • Current Ratio: 0.43%
  • Quick Ratio: 0.43%
Misc:
  • Average Volume: 520,287 shs.
  • Beta: 0.42
  • Short Ratio: 21.2
 
Frequently Asked Questions for Virtu Financial (NASDAQ:VIRT)

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 5th. Stockholders of record on Thursday, June 1st will be given a dividend of $0.24 per share on Thursday, June 15th. This represents a $0.96 annualized dividend and a dividend yield of 5.89%. The ex-dividend date is Tuesday, May 30th. View Virtu Financial's Dividend History.

How were Virtu Financial's earnings last quarter?

Virtu Financial, Inc. (NASDAQ:VIRT) posted its earnings results on Thursday, May, 4th. The company reported $0.16 EPS for the quarter, missing analysts' consensus estimates of $0.16 by $0.00. The firm earned $79.40 million during the quarter, compared to the consensus estimate of $82.20 million. Virtu Financial had a return on equity of 20.72% and a net margin of 4.41%. The company's revenue for the quarter was down 32.3% compared to the same quarter last year. During the same period in the prior year, the business earned $0.31 EPS. View Virtu Financial's Earnings History.

When will Virtu Financial make its next earnings announcement?

Virtu Financial is scheduled to release their next quarterly earnings announcement on Tuesday, August, 1st 2017. View Earnings Estimates for Virtu Financial.

Where is Virtu Financial's stock going? Where will Virtu Financial's stock price be in 2017?

2 equities research analysts have issued 1 year price objectives for Virtu Financial's stock. Their forecasts range from $13.00 to $16.00. On average, they anticipate Virtu Financial's share price to reach $14.50 in the next year. View Analyst Ratings for Virtu Financial.

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:

  • Vincent J. Viola, Executive Chairman of the Board, Founder
  • Douglas A. Cifu J.D., Chief Executive Officer, Director
  • Joseph Molluso, Chief Financial Officer, Executive Vice President
  • Venu Madhav Palaparthi, Senior Vice President - Compliance, Regulatory and Government Affairs
  • John Philip Abizaid, Director
  • Michael T. Viola, Director
  • William F. Cruger Jr., Independent Director
  • John D. Nixon, Independent Director
  • Christopher C. Quick, Independent Director

When did Virtu Financial IPO?

(VIRT) raised $297 million in an initial public offering 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 owns Virtu Financial stock?

Virtu Financial's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Van Berkom & Associates Inc. (4.52%), Peregrine Capital Management LLC (2.97%), Spark Investment Management LLC (2.18%), Janney Montgomery Scott LLC (0.34%), US Bancorp DE (0.04%) and Russell Investments Group Ltd. (0.04%). Company insiders that own Virtu Financial stock include Douglas A Cifu, Holdings (Private) Ltd Temasek, Michael J Bingle, Tjmt Holdings Llc and Venu Palaparthi. View Institutional Ownership Trends for Virtu Financial.

Who sold Virtu Financial stock? Who is selling Virtu Financial stock?

Virtu Financial's stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Peregrine Capital Management LLC and Russell Investments Group Ltd.. View Insider Buying and Selling for Virtu Financial.

Who bought Virtu Financial stock? Who is buying Virtu Financial stock?

Virtu Financial's stock was purchased by a variety of institutional investors in the last quarter, including Van Berkom & Associates Inc., Spark Investment Management LLC and Janney Montgomery Scott LLC. Company insiders that have bought Virtu Financial stock in the last two years include Douglas A Cifu, Holdings (Private) Ltd Temasek, Tjmt Holdings Llc and Venu Palaparthi. View Insider Buying and Selling for Virtu Financial.

How do I buy Virtu Financial stock?

Shares of Virtu Financial can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Virtu Financial's stock price today?

One share of Virtu Financial stock can currently be purchased for approximately $16.30.


MarketBeat Community Rating for Virtu Financial (NASDAQ VIRT)
Community Ranking:  2.0 out of 5 ( )
Outperform Votes:  46 (Vote Outperform)
Underperform Votes:  67 (Vote Underperform)
Total Votes:  113
MarketBeat's community ratings are surveys of what our community members think about Virtu Financial and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Virtu Financial (NASDAQ:VIRT) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Sell Ratings
Consensus Rating:Sell (Score: 1.00)
Consensus Price Target: $14.50 (11.04% downside)

Analysts' Ratings History for Virtu Financial (NASDAQ:VIRT)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/12/2017Citigroup Inc.DowngradeNeutral -> Sell$17.00 -> $16.00HighView Rating Details
11/20/2016Credit Suisse GroupReiterated RatingUnderperform$13.00N/AView Rating Details
4/5/2016Goldman Sachs Group, Inc. (The)Reiterated RatingBuy$26.00 -> $24.50N/AView Rating Details
8/6/2015J P Morgan Chase & CoLower Price TargetNeutral$22.00 -> $20.00N/AView Rating Details
(Data available from 7/27/2015 forward)

Earnings

Earnings History for Virtu Financial (NASDAQ:VIRT)
Earnings by Quarter for Virtu Financial (NASDAQ:VIRT)
Earnings History by Quarter for Virtu Financial (NASDAQ VIRT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/1/2017$0.20N/AView Earnings Details
5/4/2017Q1 2017$0.16$0.16$82.20 million$79.40 millionViewN/AView Earnings Details
2/2/2017Q416$0.21$0.24$96.91 million$100.30 millionViewListenView Earnings Details
11/4/2016Q316$0.19$0.20$92.99 million$164.80 millionViewN/AView Earnings Details
8/3/2016Q216$0.24$0.24$105.12 million$174.20 millionViewN/AView Earnings Details
5/4/2016Q116$0.35$0.31$134.72 million$192.60 millionViewN/AView Earnings Details
2/4/2016Q415$0.29$0.27$115.15 million$107.80 millionViewN/AView Earnings Details
11/4/2015Q315$0.35$0.40$130.50 million$215.80 millionViewN/AView Earnings Details
8/5/2015Q215$0.32$0.27$125.03 million$182.00 millionViewN/AView Earnings Details
5/6/2015Q115$0.42$173.30 million$221.50 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Virtu Financial (NASDAQ:VIRT)
Current Year EPS Consensus Estimate: $0.72 EPS
Next Year EPS Consensus Estimate: $0.97 EPS

Dividends

Current Dividend Information for Virtu Financial (NASDAQ:VIRT)
Most Recent Dividend:6/15/2017
Annual Dividend:$0.96
Dividend Yield:5.89%
Payout Ratio:133.33% (Trailing 12 Months of Earnings)
133.33% (Based on This Year's Estimates)
98.97% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Virtu Financial (NASDAQ:VIRT)

Dividend History by Quarter for Virtu Financial (NASDAQ VIRT)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/5/2017quarterly$0.246.4%5/30/20176/1/20176/15/2017
2/3/2017quarterly$0.245.18%2/27/20173/1/20173/15/2017
11/4/2016quarterly$0.247.3%11/29/201612/1/201612/15/2016
8/4/2016quarterly$0.246.01%8/30/20169/1/20169/15/2016
5/4/2016Quarterly$0.245/27/20166/1/20166/15/2016
2/5/2016quarterly$0.244.57%2/26/20163/1/20163/15/2016
11/5/2015quarterly$0.244.02%11/27/201512/1/201512/15/2015
8/6/2015special$0.248/28/20159/1/20159/15/2015
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Virtu Financial (NASDAQ:VIRT)
Insider Ownership Percentage: 69.90%
Institutional Ownership Percentage: 90.56%
Insider Trades by Quarter for Virtu Financial (NASDAQ:VIRT)
Institutional Ownership by Quarter for Virtu Financial (NASDAQ:VIRT)
Insider Trades by Quarter for Virtu Financial (NASDAQ:VIRT)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
7/20/2017Holdings (Private) Ltd TemasekMajor ShareholderBuy6,346,155$15.60$99,000,018.00View SEC Filing  
4/17/2017Tjmt Holdings LlcInsiderBuy144,542$15.46$2,234,619.32View SEC Filing  
4/11/2017Tjmt Holdings LlcInsiderBuy100,000$15.62$1,562,000.00View SEC Filing  
4/7/2017Tjmt Holdings LlcInsiderBuy151,128$15.87$2,398,401.36View SEC Filing  
3/16/2017Tjmt Holdings LlcInsiderBuy300$16.00$4,800.00View SEC Filing  
1/19/2017Tjmt Holdings LlcInsiderBuy100$16.00$1,600.00View SEC Filing  
1/18/2017Tjmt Holdings LlcInsiderBuy41,665$15.98$665,806.70View SEC Filing  
1/17/2017Tjmt Holdings LlcInsiderBuy23,948$16.00$383,168.00View SEC Filing  
1/13/2017Tjmt Holdings LlcInsiderBuy360$16.00$5,760.00View SEC Filing  
1/11/2017Tjmt Holdings LlcInsiderBuy1,924$16.00$30,784.00View SEC Filing  
1/9/2017Tjmt Holdings LlcInsiderBuy100$16.00$1,600.00View SEC Filing  
1/3/2017Tjmt Holdings LlcInsiderBuy11,754$15.98$187,828.92View SEC Filing  
12/30/2016Tjmt Holdings LlcInsiderBuy22,097$15.92$351,784.24View SEC Filing  
12/29/2016Tjmt Holdings LlcInsiderBuy6,700$15.98$107,066.00View SEC Filing  
12/28/2016Tjmt Holdings LlcInsiderBuy17,564$15.92$279,618.88View SEC Filing  
12/27/2016Tjmt Holdings LlcInsiderBuy50,000$15.88$794,000.00View SEC Filing  
12/23/2016Tjmt Holdings LlcInsiderBuy23,461$15.61$366,226.21View SEC Filing  
12/22/2016Tjmt Holdings LlcInsiderBuy50,000$15.72$786,000.00View SEC Filing  
12/21/2016Tjmt Holdings LlcInsiderBuy50,000$15.78$789,000.00View SEC Filing  
12/20/2016Tjmt Holdings LlcInsiderBuy50,000$15.83$791,500.00View SEC Filing  
12/19/2016Tjmt Holdings LlcInsiderBuy50,000$15.99$799,500.00View SEC Filing  
12/16/2016Tjmt Holdings LlcInsiderBuy50,000$16.00$800,000.00View SEC Filing  
12/15/2016Tjmt Holdings LlcInsiderBuy11,687$16.00$186,992.00View SEC Filing  
12/14/2016Tjmt Holdings LlcInsiderBuy50,000$15.94$797,000.00View SEC Filing  
12/13/2016Tjmt Holdings LlcInsiderBuy14,937$15.99$238,842.63View SEC Filing  
12/12/2016Tjmt Holdings LlcInsiderBuy50,000$15.96$798,000.00View SEC Filing  
8/5/2016Douglas A CifuCEOBuy60,000$16.51$990,600.00View SEC Filing  
5/23/2016Venu PalaparthiSVPBuy2,000$17.36$34,720.00View SEC Filing  
11/18/2015Michael J BingleDirectorSell6,075,837$21.65$131,541,871.05View SEC Filing  
4/21/2015John P AbizaidDirectorBuy5,500$19.00$104,500.00View SEC Filing  
4/21/2015Lake Group L.L.C. SilverMajor ShareholderSell8,333,333$17.67$147,249,994.11View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Virtu Financial (NASDAQ:VIRT)
Latest Headlines for Virtu Financial (NASDAQ:VIRT)
Source:
DateHeadline
thestreet.com logoThe FTSE Just Dealt This Major Blow to Beleaguered Snap and Blue Apron - TheStreet.com
www.thestreet.com - July 27 at 9:11 AM
reuters.com logoBRIEF-Virtu Financial's unit redeems outstanding 6.875% senior secured notes
www.reuters.com - July 25 at 8:17 AM
americanbankingnews.com logoVirtu Financial, Inc. (NASDAQ:VIRT) Scheduled to Post Quarterly Earnings on Tuesday
www.americanbankingnews.com - July 25 at 7:36 AM
americanbankingnews.com logoHoldings (Private) Ltd Temasek Acquires 6,346,155 Shares of Virtu Financial, Inc. (VIRT) Stock
www.americanbankingnews.com - July 24 at 7:26 PM
reuters.com logoMOVES-KCG electronic trading head Tusar exits firm as Virtu closes deal - Reuters
www.reuters.com - July 22 at 10:18 AM
globenewswire.com logoVirtu Financial, Inc. Completes Acquisition of KCG Holdings, Inc. - GlobeNewswire (press release)
globenewswire.com - July 21 at 8:26 AM
americanbankingnews.com logoVirtu Financial, Inc. (NASDAQ:VIRT) Receives Average Recommendation of "Hold" from Analysts
www.americanbankingnews.com - July 19 at 11:34 AM
americanbankingnews.com logo Analysts Anticipate Virtu Financial, Inc. (NASDAQ:VIRT) Will Post Earnings of $0.17 Per Share
www.americanbankingnews.com - July 18 at 1:17 PM
theglobeandmail.com logoWhy aren’t the world’s fastest traders thriving?
www.theglobeandmail.com - July 18 at 9:44 AM
finance.yahoo.com logoETFs with exposure to Virtu Financial, Inc. : July 13, 2017
finance.yahoo.com - July 14 at 9:45 AM
finance.yahoo.com logoVirtu Financial, Inc. breached its 50 day moving average in a Bearish Manner : VIRT-US : July 14, 2017
finance.yahoo.com - July 14 at 9:45 AM
finance.yahoo.com logoThey’re The World’s Fastest Traders. Why Aren’t They Thriving?
finance.yahoo.com - July 13 at 11:16 AM
americanbankingnews.com logoVirtu Financial, Inc. (NASDAQ:VIRT) Rating Lowered to Sell at Citigroup Inc.
www.americanbankingnews.com - July 12 at 8:52 AM
americanbankingnews.com logoVirtu Financial (VIRT) versus CBOE Holdings (CBOE) Head-To-Head Comparison
www.americanbankingnews.com - July 9 at 4:24 PM
americanbankingnews.com logoVirtu Financial, Inc. (VIRT) Upgraded to Hold at Zacks Investment Research
www.americanbankingnews.com - July 5 at 1:21 PM
finance.yahoo.com logoETFs with exposure to Virtu Financial, Inc. : June 30, 2017
finance.yahoo.com - July 1 at 8:50 AM
americanbankingnews.com logoHead-To-Head Contrast: Nasdaq (NDAQ) vs. Virtu Financial (VIRT)
www.americanbankingnews.com - June 29 at 10:49 AM
prnewswire.com logoStocks Under Scanner in the Investment Brokerage Space -- Virtu Financial ...
www.prnewswire.com - June 29 at 7:47 AM
americanbankingnews.com logoHead to Head Survey: CME Group (CME) versus Virtu Financial (VIRT)
www.americanbankingnews.com - June 28 at 8:10 AM
americanbankingnews.com logoHead to Head Review: CBOE Holdings (CBOE) and Virtu Financial (VIRT)
www.americanbankingnews.com - June 27 at 8:21 AM
finance.yahoo.com logo[$$] Virtu prepares for Mifid shake-up with Instinet equities deal
finance.yahoo.com - June 26 at 3:29 PM
americanbankingnews.com logoZacks: Brokerages Expect Virtu Financial, Inc. (VIRT) to Announce $0.17 Earnings Per Share
www.americanbankingnews.com - June 22 at 11:04 AM
finance.yahoo.com logoETFs with exposure to Virtu Financial, Inc. : June 20, 2017
finance.yahoo.com - June 21 at 6:28 AM
finance.yahoo.com logoVirtu Financial, Inc. :VIRT-US: Earnings Analysis: Q1, 2017 By the Numbers : June 19, 2017
finance.yahoo.com - June 20 at 9:03 AM
News IconA big deal in trading has led to a Wall Street titan swapping roles
www.businessinsider.com - June 16 at 1:55 AM
bloomberg.com logoBromance of Trading Veterans Gives Viola’s Virtu a New Chairman
www.bloomberg.com - June 16 at 1:55 AM
reuters.com logoFormer Nasdaq chief Greifeld to take over as Virtu chairman - Reuters
www.reuters.com - June 15 at 4:03 AM
americanbankingnews.com logoCritical Contrast: MarketAxess Holdings (MKTX) vs. Virtu Financial (VIRT)
www.americanbankingnews.com - June 14 at 7:50 AM
finance.yahoo.com logoTop Asset Managers Still Bullish On Crude
finance.yahoo.com - June 12 at 7:58 PM
americanbankingnews.com logoVirtu Financial Inc (VIRT) Sees Large Increase in Short Interest
www.americanbankingnews.com - June 11 at 7:24 AM
americanbankingnews.com logoVirtu Financial Inc (VIRT) Stock Rating Upgraded by Zacks Investment Research
www.americanbankingnews.com - June 10 at 10:34 AM
reuters.com logoBRIEF-Virtu Financial announces pricing of $1.15 bln loan, $500 mln notes
www.reuters.com - June 2 at 9:07 PM
nasdaq.com logoVirtu Financial, Inc. Announces Pricing of $1,150.0 Million First Lien Term Loan and $500.0 Million Senior Secured Second Lien Notes Due 2022
www.nasdaq.com - June 2 at 9:07 PM
globenewswire.com logoVirtu Financial, Inc. Announces Pricing of $1150.0 Million First Lien Term Loan and $500.0 Million Senior Secured ... - GlobeNewswire (press release)
globenewswire.com - June 2 at 4:04 PM
finance.yahoo.com logoVirtu Financial, Inc. : VIRT-US: Dividend Analysis : June 01st, 2017 (record date) : By the numbers : May 31, 2017
finance.yahoo.com - May 31 at 11:20 AM
americanbankingnews.com logo Analysts Expect Virtu Financial Inc (VIRT) to Post $0.17 EPS
www.americanbankingnews.com - May 29 at 8:44 AM
nasdaq.com logoVirtu Financial, Inc. (VIRT) Ex-Dividend Date Scheduled for May 30, 2017 - Nasdaq
www.nasdaq.com - May 27 at 6:38 AM
reuters.com logoBRIEF-Virtu Financial to offer senior secured second lien notes - Reuters
www.reuters.com - May 24 at 8:26 AM
nasdaq.com logoVirtu Financial, Inc. Announces Proposed Senior Secured Second ... - Nasdaq
www.nasdaq.com - May 24 at 8:26 AM
News IconBRIEF-Virtu Financial to offer senior secured second lien notes
www.businessinsider.com - May 23 at 7:56 PM
finance.yahoo.com logoVirtu Financial, Inc. Commences Marketing of Senior Secured First Lien Term Loan
finance.yahoo.com - May 22 at 8:18 AM
americanbankingnews.com logoVirtu Financial Inc (VIRT) Raised to Hold at TheStreet
www.americanbankingnews.com - May 20 at 9:00 AM
americanbankingnews.com logoVirtu Financial Inc (VIRT) Downgraded by Zacks Investment Research
www.americanbankingnews.com - May 17 at 9:38 AM
americanbankingnews.com logoVirtu Financial Inc (VIRT) Sees Significant Increase in Short Interest
www.americanbankingnews.com - May 11 at 7:14 AM
wsj.com logoVirtu CEO Aims to Be the Good Guy of High-Speed Trading
www.wsj.com - May 6 at 1:12 AM
finance.yahoo.com logo[$$] Virtu CEO Aims to Be the Good Guy of High-Speed Trading
finance.yahoo.com - May 6 at 1:12 AM
americanbankingnews.com logoVirtu Financial Inc (VIRT) Plans Quarterly Dividend of $0.24
www.americanbankingnews.com - May 5 at 7:32 PM
americanbankingnews.com logoVirtu Financial Inc (VIRT) Issues Quarterly Earnings Results
www.americanbankingnews.com - May 5 at 12:18 AM
marketbeat.com logoVirtu Financial posts 1Q profit
marketbeat.com - May 4 at 10:13 AM
reuters.com logoBRIEF-Virtu reports Q1 earnings per share $0.10
www.reuters.com - May 4 at 9:51 AM

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Chart

Virtu Financial (VIRT) Chart for Thursday, July, 27, 2017

This page was last updated on 7/27/2017 by MarketBeat.com Staff