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 Date11/5/2019 (Confirmed)
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 Thursday, August 8th. Investors 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 5.61%. The ex-dividend date 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 has approved a stock repurchase program on Thursday, February 8th 2018, which allows the company to buyback $50,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Shares buyback programs are typically 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) announced its quarterly earnings results on Thursday, August, 8th. The financial services provider reported $0.16 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.27 by $0.11. The financial services provider earned $378.50 million during the quarter, compared to analysts' expectations of $262.19 million. Virtu Financial had a return on equity of 17.64% and a net margin of 3.58%. The firm's quarterly revenue was up 15.4% compared to the same quarter last year. During the same period in the prior year, the company earned $0.31 earnings per share. View Virtu Financial's Earnings History.
When is Virtu Financial's next earnings date?
How can I listen to Virtu Financial's earnings call?
Virtu Financial will be holding an earnings conference call on Tuesday, November 5th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.
What price target have analysts set for VIRT?
6 brokerages have issued 1-year target prices for Virtu Financial's shares. Their predictions range from $18.00 to $29.00. On average, they anticipate Virtu Financial's share price to reach $23.17 in the next year. This suggests a possible upside of 35.4% 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 2 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?
News stories about VIRT stock have been trending somewhat negative recently, InfoTrie Sentiment reports. InfoTrie scores the sentiment of press 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 nearest to five being the most favorable. Virtu Financial earned a news sentiment score of -1.5 on InfoTrie's scale. They also assigned news headlines about the financial services provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for Virtu Financial.
Who are some of Virtu Financial's key competitors?
Some companies that are related to Virtu Financial include Raymond James (RJF), SEI Investments (SEIC), Jefferies Financial Group (JEF), Stifel Financial (SF), Navient (NAVI), Future Healthcare of America (FUTU), Futu (FHL), Waddell & Reed Financial (WDR), Piper Jaffray Companies (PJC), Associated Capital Group (AC), Wisdom Tree Investments (WETF), Freedom (FRHC), Gamco Investors (GBL), Cowen (COWN) and Oppenheimer (OPY).
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 (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. served 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 investors include Peregrine Capital Management LLC (0.36%), Robeco Institutional Asset Management B.V. (0.29%), National Investment Services Inc. WI (0.07%), Bowling Portfolio Management LLC (0.03%), Envestnet Asset Management Inc. (0.02%) and Nisa Investment Advisors LLC (0.02%). 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 institutional investors are selling Virtu Financial stock?
VIRT stock was sold by a variety of institutional investors in the last quarter, including National Investment Services Inc. WI and Bowling Portfolio 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 institutional 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., Peregrine Capital Management LLC, Envestnet Asset Management Inc., Nisa Investment Advisors LLC and First Bank & Trust. 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 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 $17.11.
How big of a company is Virtu Financial?
Virtu Financial has a market capitalization of $3.26 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.
