NASDAQ:VIRT Virtu Financial Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Virtu Financial Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $26.94 +0.04 (+0.15 %) (As of 09/18/2020 12:00 AM ET) Add Compare Share Today's Range$26.67Now: $26.94▼$27.3450-Day Range$21.90MA: $25.30▼$27.7452-Week Range$14.94Now: $26.94▼$28.59Volume1.55 million shsAverage Volume1.50 million shsMarket Capitalization$5.20 billionP/E Ratio8.45Dividend Yield3.57%Beta-0.39 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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.Read More Beat the Market (BTM) Rank™ 1.2 Analyst's Opinion Consensus RatingVirtu Financial has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 3 buy ratings, 6 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $25.06, Virtu Financial has a forecasted downside of 7.0% from its current price of $26.94.Amount of Analyst CoverageVirtu Financial has only been the subject of 4 research reports in the past 90 days. Previous Next 2.5 Community Rank Outperform VotesVirtu Financial has received 349 “outperform” votes. (Add your “outperform” vote.)Underperform VotesVirtu Financial has received 350 “underperform” votes. (Add your “underperform” vote.)Community SentimentVirtu Financial has received 50.07% “underperform” votes from our community.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. Previous Next 1.7 Dividend Strength Dividend YieldVirtu Financial pays a meaningful dividend of 3.57%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthVirtu Financial has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Virtu Financial is 157.38%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Virtu Financial will have a dividend payout ratio of 41.20% next year. This indicates that Virtu Financial will be able to sustain or increase its dividend. Previous Next 5.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Virtu Financial insiders have bought more of their company's stock than they have sold. Specifically, they have bought $2,245,000.00 in company stock and sold $0.00 in company stock.Percentage Held by Insiders58.50% of the stock of Virtu Financial is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions60.34% of the stock of Virtu Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Virtu Financial are expected to decrease by -56.20% in the coming year, from $5.32 to $2.33 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Virtu Financial is 8.45, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 18.90.Price to Earnings Ratio vs. SectorThe P/E ratio of Virtu Financial is 8.45, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 17.43.Price to Book Value per Share RatioVirtu Financial has a P/B Ratio of 4.19. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 1.2Community Rank: 2.5Dividend Strength: 1.7Insider Behavior: 5.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.32 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Security brokers & dealers Sub-IndustryN/A SectorFinance Current SymbolNASDAQ:VIRT Previous Symbol CUSIPN/A CIK1592386 Webwww.virtu.com Phone212-418-0100Debt Debt-to-Equity Ratio1.22 Current Ratio0.82 Quick Ratio0.82Price-To-Earnings Trailing P/E Ratio8.45 Forward P/E Ratio5.06 P/E GrowthN/A Sales & Book Value Annual Sales$1.53 billion Price / Sales3.40 Cash Flow$1.73 per share Price / Cash Flow15.56 Book Value$6.43 per share Price / Book4.19Profitability EPS (Most Recent Fiscal Year)$0.61 Net Income$-58,600,000.00 Net Margins14.76% Return on Equity48.31% Return on Assets6.94%Miscellaneous Employees1,012 Outstanding Shares193,180,000Market Cap$5.20 billion Next Earnings Date11/3/2020 (Estimated) OptionableOptionable $26.94 +0.04 (+0.15 %) (As of 09/18/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart 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. Virtu Financial (NASDAQ:VIRT) Frequently Asked Questions How has Virtu Financial's stock price been impacted by COVID-19 (Coronavirus)? Virtu Financial's stock was trading at $24.15 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, VIRT shares have increased by 11.6% and is now trading at $26.94. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of 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. When is Virtu Financial's next earnings date? Virtu Financial is scheduled to release its next quarterly earnings announcement on Tuesday, November 3rd 2020. View our earnings forecast for Virtu Financial. How were Virtu Financial's earnings last quarter? Virtu Financial Inc (NASDAQ:VIRT) released its earnings results on Friday, August, 7th. The financial services provider reported $1.73 EPS for the quarter, beating the Zacks' consensus estimate of $1.57 by $0.16. The financial services provider had revenue of $905.90 million for the quarter, compared to the consensus estimate of $649.12 million. Virtu Financial had a return on equity of 48.31% and a net margin of 14.76%. The company's quarterly revenue was up 141.5% on a year-over-year basis. During the same period in the previous year, the firm earned $0.16 earnings per share. View Virtu Financial's earnings history. How often does Virtu Financial pay dividends? What is the dividend yield for Virtu Financial? Virtu Financial declared a quarterly dividend on Monday, August 10th. Shareholders of record on Tuesday, September 1st will be given a dividend of $0.24 per share on Tuesday, September 15th. This represents a $0.96 annualized dividend and a yield of 3.56%. The ex-dividend date of this dividend is Monday, August 31st. View Virtu Financial's dividend history. What price target have analysts set for VIRT? 9 Wall Street analysts have issued twelve-month price targets for Virtu Financial's shares. Their forecasts range from $15.50 to $31.00. On average, they anticipate Virtu Financial's share price to reach $25.06 in the next year. This suggests that the stock has a possible downside of 7.0%. View analysts' price targets for Virtu Financial. Are investors shorting Virtu Financial? Virtu Financial saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 3,770,000 shares, an increase of 14.6% from the August 15th total of 3,290,000 shares. Based on an average daily trading volume, of 1,590,000 shares, the days-to-cover ratio is currently 2.4 days. Currently, 3.8% of the company's shares are sold short. View Virtu Financial's Short Interest. Who are some of Virtu Financial's key competitors? Some companies that are related to Virtu Financial include Interactive Brokers Group (IBKR), MarketAxess (MKTX), Nomura (NMR), Raymond James (RJF), SEI Investments (SEIC), Jefferies Financial Group (JEF), Future Healthcare of America (FUTU), Stifel Financial (SF), Futu (FHL), Navient (NAVI), Freedom (FRHC), Piper Sandler Companies (PIPR), Piper Jaffray Companies (PJC), Waddell & Reed Financial (WDR) and Associated Capital Group (AC). View all 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), El Pollo LoCo (LOCO), Advanced Micro Devices (AMD), BioCryst Pharmaceuticals (BCRX), NVIDIA (NVDA), Vereit (VER), Alcoa (AA), Inovio Pharmaceuticals (INO), La Jolla Pharmaceutical (LJPC) and QUALCOMM (QCOM). Who are Virtu Financial's key executives? Virtu Financial's management team includes the following 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 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. What is Virtu Financial's stock symbol? Virtu Financial trades on the NASDAQ under the ticker symbol "VIRT." Who are Virtu Financial's major shareholders? Virtu Financial's stock is owned by a number of institutional and retail investors. Top institutional shareholders include FMR LLC (5.15%), Vanguard Group Inc. (3.91%), William Blair Investment Management LLC (3.49%), Robeco Institutional Asset Management B.V. (1.21%), Goldman Sachs Group Inc. (0.73%) and Bank of New York Mellon Corp (0.46%). Company insiders that own Virtu Financial stock include Douglas A Cifu, Holdings (Private) Ltd Temasek, Joseph C Grano, Sector Pension Investme Public and Stephen Cavoli. 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 William Blair Investment Management LLC, FMR LLC, Goldman Sachs Group Inc., Neuberger Berman Group LLC, Sei Investments Co., Janney Montgomery Scott LLC, Natixis Advisors L.P., and Bank of America Corp DE. Company insiders that have sold Virtu Financial company stock in the last year include Holdings (Private) Ltd Temasek, Joseph C Grano, and Sector Pension Investme Public. View insider buying and selling activity 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 Robeco Institutional Asset Management B.V., Point72 Asset Management L.P., Vanguard Group Inc., Marshall Wace North America L.P., Nuveen Asset Management LLC, Formula Growth Ltd., Schonfeld Strategic Advisors LLC, and First Trust Advisors LP. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab. What is Virtu Financial's stock price today? One share of VIRT stock can currently be purchased for approximately $26.94. How big of a company is Virtu Financial? Virtu Financial has a market capitalization of $5.20 billion and generates $1.53 billion in revenue each year. The financial services provider earns $-58,600,000.00 in net income (profit) each year or $0.61 on an earnings per share basis. Virtu Financial employs 1,012 workers across the globe. What is Virtu Financial's official website? The official website for Virtu Financial is www.virtu.com. 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] This page was last updated on 9/19/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
