NASDAQ:VIRTVirtu Financial Stock Price, Forecast & 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 $21.78 -0.70 (-3.11 %) (As of 06/5/2020 04:00 PM ET) Add Compare Share Today's Range$21.74Now: $21.78▼$22.5650-Day Range$21.22MA: $23.45▼$25.7352-Week Range$14.94Now: $21.78▼$26.57Volume1.39 million shsAverage Volume1.54 million shsMarket Capitalization$4.20 billionP/E Ratio16.25Dividend Yield4.27%Beta-0.45 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial 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™ 3.1 Analyst's Opinion Consensus RatingVirtu Financial has received a consensus rating of Hold. The company's average rating score is 2.29, and is based on 2 buy ratings, 5 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $24.36, Virtu Financial has a potential upside of 11.8% from its current price of $21.78.Amount of Analyst CoverageVirtu Financial has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.5 Community Rank Outperform VotesVirtu Financial has received 346 “outperform” votes. (Add your “outperform” vote.)Underperform VotesVirtu Financial has received 342 “underperform” votes. (Add your “underperform” vote.)Community SentimentVirtu Financial has received 50.29% “outperform” 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 2.5 Dividend Strength Dividend LeadershipVirtu Financial is a leading dividend payer. It pays a dividend yield of 4.27%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthVirtu Financial does not have a long track record of dividend growth.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 48.24 % next year. This indicates that Virtu Financial will be able to sustain or increase its dividend. Previous Next 2.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Virtu Financial insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $127,296,536.00 in company stock.Percentage Held by Insiders63.70% 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 Institutions63.15% 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 -61.43% in the coming year, from $5.16 to $1.99 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Virtu Financial is 16.25, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 17.40.Price to Earnings Ratio vs. SectorThe P/E ratio of Virtu Financial is 16.25, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.03.Price to Book Value per Share RatioVirtu Financial has a P/B Ratio of 3.39. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.1Community Rank: 2.5Dividend Strength: 2.5Insider Behavior: 2.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.28 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 Ratio1.48 Current Ratio0.76 Quick Ratio0.76Price-To-Earnings Trailing P/E Ratio16.25 Forward P/E Ratio4.22 P/E GrowthN/A Sales & Book Value Annual Sales$1.53 billion Price / Sales2.74 Cash Flow$1.70 per share Price / Cash Flow12.84 Book Value$6.43 per share Price / Book3.39Profitability EPS (Most Recent Fiscal Year)$0.61 Net Income$-58,600,000.00 Net Margins7.79% Return on Equity38.58% Return on Assets5.37%Miscellaneous Employees1,012 Outstanding Shares192,700,000Market Cap$4.20 billion Next Earnings Date8/13/2020 (Estimated) OptionableOptionable NASDAQ:VIRT Rates by TradingView 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 been impacted by COVID-19 (Coronavirus)? Virtu Financial's stock was trading at $24.15 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, VIRT shares have decreased by 9.8% and is now trading at $21.78. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Virtu Financial? 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Virtu Financial in the last year. There are currently 5 hold ratings and 2 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 Thursday, August 13th 2020. View our earnings forecast for Virtu Financial. How were Virtu Financial's earnings last quarter? Virtu Financial Inc (NASDAQ:VIRT) announced its quarterly earnings data on Thursday, May, 7th. The financial services provider reported $2.05 EPS for the quarter, beating analysts' consensus estimates of $1.39 by $0.66. The financial services provider had revenue of $1 billion for the quarter, compared to analysts' expectations of $563.55 million. Virtu Financial had a return on equity of 38.58% and a net margin of 7.79%. The firm's revenue for the quarter was up 176.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.34 EPS. View Virtu Financial's earnings history. How often does Virtu Financial pay dividends? What is the dividend yield for Virtu Financial? Virtu Financial announced a quarterly dividend on Friday, May 8th. Shareholders of record on Monday, June 1st will be paid a dividend of $0.24 per share on Monday, June 15th. This represents a $0.96 annualized dividend and a dividend yield of 4.41%. The ex-dividend date is Friday, May 29th. View Virtu Financial's dividend history. What price target have analysts set for VIRT? 7 equities research analysts have issued 1-year price targets for Virtu Financial's stock. Their forecasts range from $15.50 to $28.00. On average, they expect Virtu Financial's stock price to reach $24.36 in the next twelve months. This suggests a possible upside of 11.8% from the stock's current price. View analysts' price targets for Virtu Financial. Has Virtu Financial been receiving favorable news coverage? Headlines about VIRT stock have trended neutral on Saturday, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Virtu Financial earned a daily sentiment score of 0.4 on InfoTrie's scale. They also assigned news stories 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 effect on the stock's share price in the immediate future. View the latest news aboutVirtu Financial. Who are some of Virtu Financial's key competitors? Some companies that are related to Virtu Financial include Nomura (NMR), Raymond James (RJF), SEI Investments (SEIC), Jefferies Financial Group (JEF), Stifel Financial (SF), Navient (NAVI), Future Healthcare of America (FUTU), Piper Sandler Companies (PIPR), Futu (FHL), Waddell & Reed Financial (WDR), Freedom (FRHC), Associated Capital Group (AC), Piper Jaffray Companies (PJC), Wisdom Tree Investments (WETF) and Gamco Investors (GBL). 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), BioCryst Pharmaceuticals (BCRX), Vereit (VER), Advanced Micro Devices (AMD), Alcoa (AA), Inovio Pharmaceuticals (INO), La Jolla Pharmaceutical (LJPC), General Electric (GE) and NVIDIA (NVDA). 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 a price of $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 investors include William Blair Investment Management LLC (4.23%), Van Berkom & Associates Inc. (2.90%), Vaughan Nelson Investment Management L.P. (2.19%), BlackRock Inc. (1.49%), Wells Fargo & Company MN (0.74%) and APG Asset Management N.V. (0.65%). Company insiders that own Virtu Financial stock include Douglas A Cifu, Holdings (Private) Ltd Temasek, John Nixon, Joseph C Grano, Joseph Molluso 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 Vaughan Nelson Investment Management L.P., New York State Common Retirement Fund, BlackRock Inc., Morgan Stanley, Rothschild & Co. Asset Management US Inc., National Investment Services of America LLC, Blair William & Co. IL, and Citigroup Inc.. Company insiders that have sold Virtu Financial company stock in the last year include Holdings (Private) Ltd Temasek, and Joseph C Grano. 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 APG Asset Management N.V., APG Asset Management N.V., APG Asset Management N.V., Wells Fargo & Company MN, Gratus Capital LLC, Nuveen Asset Management LLC, Parametric Portfolio Associates LLC, and Cobalt Capital Management Inc.. Company insiders that have bought Virtu Financial stock in the last two years include Douglas A Cifu, and John Nixon. 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 $21.78. How big of a company is Virtu Financial? Virtu Financial has a market capitalization of $4.20 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 6/6/2020 by MarketBeat.com Staff
