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.
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Industry, Sector and Symbol
Industry Security brokers & dealers
Sub-IndustryN/A
SectorFinance
Phone212-418-0100
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.88 billion
Profitability
Miscellaneous
Employees483
Next Earnings Date11/6/2019 (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 declared a quarterly dividend on Thursday, August 8th. Shareholders of record on Tuesday, September 3rd will be given a dividend of $0.24 per share on Monday, September 16th. This represents a $0.96 dividend on an annualized basis and a yield of 5.30%. The ex-dividend date of this dividend 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 of Directors has authorized a stock repurchase program 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. Shares buyback programs are usually an indication that the company's management believes its shares are undervalued.
How were Virtu Financial's earnings last quarter?
Virtu Financial Inc (NASDAQ:VIRT) issued its quarterly earnings data on Thursday, August, 8th. The financial services provider reported $0.16 EPS for the quarter, missing the consensus estimate of $0.27 by $0.11. The financial services provider earned $378.50 million during 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 company's revenue was up 15.4% on a year-over-year basis. During the same period last year, the company earned $0.31 earnings per share. View Virtu Financial's Earnings History.
When is Virtu Financial's next earnings date?
What price target have analysts set for VIRT?
6 Wall Street analysts have issued 12-month price objectives for Virtu Financial's stock. Their predictions range from $20.00 to $29.00. On average, they expect Virtu Financial's share price to reach $25.20 in the next twelve months. This suggests a possible upside of 39.2% from the stock's current price. View Analyst Price Targets for Virtu Financial.
What is the consensus analysts' recommendation for Virtu Financial?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Virtu Financial in the last year. There are currently 3 hold ratings and 3 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?
Press coverage about VIRT stock has been trending positive on Thursday, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Virtu Financial earned a media sentiment score of 2.5 on InfoTrie's scale. They also assigned news headlines about the financial services provider a news buzz of 6.0 out of 10, indicating that recent news coverage is somewhat likely to have an impact on the company's share price in the immediate future. View News Stories for Virtu Financial.
Are investors shorting Virtu Financial?
Virtu Financial saw a increase in short interest during the month of July. As of July 15th, there was short interest totalling 10,856,000 shares, an increase of 12.5% from the June 15th total of 9,648,200 shares. Based on an average daily trading volume, of 1,110,000 shares, the short-interest ratio is presently 9.8 days. Currently, 17.0% of the shares of the company are short sold. View Virtu Financial's Current Options Chain.
Who are some of Virtu Financial's key competitors?
Some companies that are related to Virtu Financial include MarketAxess (MKTX), Nomura (NMR), Raymond James (RJF), SEI Investments (SEIC), Jefferies Financial Group (JEF), Stifel Financial (SF), Navient (NAVI), Futu (FHL), Waddell & Reed Financial (WDR), Piper Jaffray Companies (PJC), Wisdom Tree Investments (WETF), Associated Capital Group (AC), Freedom (FRHC), Gamco Investors (GBL) and Cowen (COWN).
What other stocks do shareholders of Virtu Financial own?
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 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 retail and institutional 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%), BlackRock Inc. (1.36%), Rothschild & Co. Asset Management US Inc. (0.64%) and Natixis Advisors L.P. (0.49%). 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 major 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 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., William Blair Investment Management LLC, Natixis Advisors L.P., Assetmark Inc., Jacobs Asset Management LLC, Keeley Teton Advisors LLC, Bank of America Corp DE and Vanguard Group Inc.. 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 $18.10.
How big of a company is Virtu Financial?
Virtu Financial has a market capitalization of $3.45 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?
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)
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.
