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

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$25.42 -0.14 (-0.55 %)
(As of 02/22/2019 07:30 AM ET)
Previous Close$25.56
Today's Range$25.30 - $25.64
52-Week Range$19.65 - $37.85
Volume447,987 shs
Average Volume784,794 shs
Market Capitalization$4.81 billion
P/E Ratio12.97
Dividend Yield3.76%
Beta-0.72
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. Virtu Financial, Inc. was formerly a subsidiary of TJMT Holdings LLC.

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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$0.9088 per share
Book Value$6.15 per share

Profitability

Net Income$289.44 million

Miscellaneous

Employees560
Market Cap$4.81 billion
Next Earnings Date5/3/2019 (Estimated)
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 announced a quarterly dividend on Friday, February 8th. Investors of record on Friday, March 1st will be paid a dividend of $0.24 per share on Friday, March 15th. This represents a $0.96 annualized dividend and a dividend yield of 3.78%. The ex-dividend date of this dividend is Thursday, February 28th. View Virtu Financial's Dividend History.

How will Virtu Financial's stock buyback program work?

Virtu Financial announced that its board has approved a share repurchase 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 repurchase shares of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's board believes its shares are undervalued.

How were Virtu Financial's earnings last quarter?

Virtu Financial Inc (NASDAQ:VIRT) issued its quarterly earnings results on Thursday, February, 7th. The financial services provider reported $0.67 earnings per share for the quarter, topping analysts' consensus estimates of $0.66 by $0.01. The financial services provider earned $299.20 million during the quarter, compared to analysts' expectations of $292.87 million. Virtu Financial had a net margin of 15.39% and a return on equity of 24.91%. The firm's quarterly revenue was up 26.1% compared to the same quarter last year. During the same quarter last year, the firm earned $0.22 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 Friday, May 3rd 2019. View Earnings Estimates for Virtu Financial.

What price target have analysts set for VIRT?

9 equities research analysts have issued twelve-month price objectives for Virtu Financial's stock. Their forecasts range from $23.00 to $38.00. On average, they expect Virtu Financial's share price to reach $29.2222 in the next year. This suggests a possible upside of 15.0% from the stock's current price. View Analyst Price Targets for Virtu Financial.

What is the consensus analysts' recommendation for Virtu Financial?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Virtu Financial in the last year. There are currently 6 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?

News stories about VIRT stock have been trending very negative on Friday, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Virtu Financial earned a coverage optimism score of -3.0 on InfoTrie's scale. They also gave headlines about the financial services provider a news buzz of 6.0 out of 10, meaning that recent media coverage is somewhat likely to have an impact on the company's share price in the near future.

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), NVIDIA (NVDA), Viper Energy Partners (VNOM), Home Depot (HD), General Electric (GE), El Pollo LoCo (LOCO), Micron Technology (MU), Advanced Micro Devices (AMD), BioCryst Pharmaceuticals (BCRX) and UnitedHealth Group (UNH).

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 J. Cavoli, Exec. VP of Markets (Age 50)
  • 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 $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 BlackRock Inc. (1.21%), Royce & Associates LP (0.81%), Vaughan Nelson Investment Management L.P. (0.54%), APG Asset Management N.V. (0.52%), Rothschild & Co. Asset Management US Inc. (0.51%) and Strycker View Capital LLC (0.34%). 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 Peregrine Capital Management LLC, Navellier & Associates Inc, Mirae Asset Global Investments Co. Ltd., First Trust Advisors LP, Jennison Associates LLC, Old West Investment Management LLC, Royce & Associates LP and Advisors Asset Management Inc.. 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 Vaughan Nelson Investment Management L.P., APG Asset Management N.V., Strycker View Capital LLC, Philadelphia Financial Management of San Francisco LLC, Barclays PLC, Callodine Capital Management LP, Congress Asset Management Co. MA and Prana Capital Management LP. 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 $25.42.

How big of a company is Virtu Financial?

Virtu Financial has a market capitalization of $4.81 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 560 workers across the globe.

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 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)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  190 (Vote Outperform)
Underperform Votes:  252 (Vote Underperform)
Total Votes:  442
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 2/22/2019 by MarketBeat.com Staff

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