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

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$23.72 -0.04 (-0.17 %)
(As of 05/22/2019 08:00 AM ET)
Previous Close$23.76
Today's Range$23.64 - $23.90
52-Week Range$19.65 - $31.65
Volume923,200 shs
Average Volume909,862 shs
Market Capitalization$4.52 billion
P/E Ratio12.10
Dividend Yield4.04%
Beta-0.71
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.

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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$2.5671 per share
Book Value$7.56 per share

Profitability

Net Income$289.44 million

Miscellaneous

Employees483
Market Cap$4.52 billion
Next Earnings Date7/26/2019 (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 Monday, May 6th. Investors of record on Monday, June 3rd will be paid a dividend of $0.24 per share on Monday, June 17th. This represents a $0.96 dividend on an annualized basis and a yield of 4.05%. The ex-dividend date of this dividend is Friday, May 31st. 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 buyback program on Thursday, February 8th 2018, which authorizes the company to repurchase $50,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Shares repurchase programs are generally a sign that the company's board of directors believes its stock is undervalued.

How were Virtu Financial's earnings last quarter?

Virtu Financial Inc (NASDAQ:VIRT) posted its quarterly earnings data on Friday, May, 3rd. The financial services provider reported $0.34 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.40 by $0.06. The financial services provider earned $363 million during the quarter, compared to the consensus estimate of $245.86 million. Virtu Financial had a net margin of 7.56% and a return on equity of 19.13%. Virtu Financial's quarterly revenue was down 55.5% compared to the same quarter last year. During the same period in the prior year, the business posted $0.76 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, July 26th 2019. View Earnings Estimates for Virtu Financial.

What price target have analysts set for VIRT?

7 equities research analysts have issued 12-month target prices for Virtu Financial's stock. Their forecasts range from $23.00 to $32.00. On average, they expect Virtu Financial's share price to reach $27.5714 in the next year. This suggests a possible upside of 16.2% from the stock's current price. View Analyst Price Targets for Virtu Financial.

What is the consensus analysts' recommendation for Virtu Financial?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Virtu Financial in the last year. There are currently 3 hold ratings and 4 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?

Media stories about VIRT stock have been trending somewhat positive recently, according to InfoTrie. The research group identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Virtu Financial earned a coverage optimism score of 1.5 on InfoTrie's scale. They also gave media headlines about the financial services provider a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the next several days.

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), El Pollo LoCo (LOCO), BioCryst Pharmaceuticals (BCRX), Vereit (VER), Alcoa (AA), Advanced Micro Devices (AMD), La Jolla Pharmaceutical (LJPC), Inovio Pharmaceuticals (INO), Exelixis (EXEL) and AK Steel (AKS).

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 investors include Van Berkom & Associates Inc. (2.53%), FMR LLC (2.21%), William Blair Investment Management LLC (2.16%), Vaughan Nelson Investment Management L.P. (1.20%), BlackRock Inc. (1.20%) and Neuberger Berman Group LLC (1.06%). 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 Federated Investors Inc. PA, William Blair Investment Management LLC, Royce & Associates LP, Van Berkom & Associates Inc., BNP Paribas Arbitrage SA, HighTower Advisors LLC, Oxford Asset Management LLP and FMR LLC. Company insiders that have sold Virtu Financial company stock in the last year include Douglas A Cifu and Joseph Molluso. View Insider Buying and Selling for Virtu Financial.

Which major investors are buying Virtu Financial stock?

VIRT stock was bought by a variety of institutional investors in the last quarter, including Vaughan Nelson Investment Management L.P., Goldman Sachs Group Inc., Dimensional Fund Advisors LP, Morgan Stanley, PNC Financial Services Group Inc., Lazard Asset Management LLC, Peregrine Capital Management LLC and M Holdings Securities Inc.. Company insiders that have bought Virtu Financial stock in the last two years include Holdings (Private) Ltd Temasek, John Nixon and North Island Ventures, 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 $23.72.

How big of a company is Virtu Financial?

Virtu Financial has a market capitalization of $4.52 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.

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 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)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  216 (Vote Outperform)
Underperform Votes:  268 (Vote Underperform)
Total Votes:  484
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 5/22/2019 by MarketBeat.com Staff

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