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.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Security brokers & dealers
Sub-IndustryN/A
SectorFinance
SymbolNASDAQ:VIRT
CUSIPN/A
Phone212-418-0100
Debt
Debt-to-Equity Ratio0.70
Current Ratio0.65
Quick Ratio0.65
Price-To-Earnings
Trailing P/E Ratio39.49
Forward P/E Ratio14.95
P/E Growth2.71
Sales & Book Value
Annual Sales$1.02 billion
Price / Sales4.20
Cash Flow$1.0085 per share
Price / Cash22.38
Book Value$6.15 per share
Price / Book3.67
Profitability
EPS (Most Recent Fiscal Year)$0.57
Net Income$2.93 million
Net Margins11.30%
Return on Equity19.62%
Return on Assets3.41%
Miscellaneous
Employees560
Outstanding Shares190,430,000
Market Cap$3.89 billion
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 Monday, July 30th. Investors of record on Friday, August 31st will be paid a dividend of $0.24 per share on Friday, September 14th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 4.25%. The ex-dividend date is Thursday, August 30th. View Virtu Financial's Dividend History.
How will Virtu Financial's stock buyback program work?
Virtu Financial declared that its Board of Directors has approved a share buyback plan on Thursday, February 8th 2018, which permits the company to buyback $50,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Shares buyback plans are generally an indication that the company's board believes its stock is undervalued.
How were Virtu Financial's earnings last quarter?
Virtu Financial Inc (NASDAQ:VIRT) released its quarterly earnings data on Friday, July, 27th. The financial services provider reported $0.31 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.38 by $0.07. The financial services provider earned $328.10 million during the quarter, compared to analysts' expectations of $236.08 million. Virtu Financial had a return on equity of 19.62% and a net margin of 11.30%. The firm's revenue for the quarter was up 126.4% compared to the same quarter last year. During the same period in the previous year, the company posted $0.13 EPS. 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 target prices for Virtu Financial's stock. Their predictions range from $22.00 to $38.00. On average, they expect Virtu Financial's share price to reach $29.10 in the next twelve months. This suggests a possible upside of 28.9% 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.
Who are some of Virtu Financial's key competitors?
Some companies that are related to Virtu Financial include 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), Oppenheimer (OPY) and Siebert Financial (SIEB).
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 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 many different of institutional and retail investors. Top institutional shareholders include National Investment Services Inc. WI (0.04%), Bangor Savings Bank (0.02%), Sheets Smith Wealth Management (0.01%) and Bank of Montreal Can (0.01%). 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 major investors are selling Virtu Financial stock?
VIRT stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can and National Investment Services Inc. WI. 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 major investors are buying Virtu Financial stock?
VIRT stock was purchased by a variety of institutional investors in the last quarter, including Bangor Savings Bank and Sheets Smith Wealth Management. 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 $22.57.
How big of a company is Virtu Financial?
Virtu Financial has a market capitalization of $3.89 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.
