NASDAQ:VIRT

Virtu Financial (VIRT) Stock Price, News & Analysis

$21.04
-0.04 (-0.19%)
(As of 09:38 AM ET)
Today's Range
$20.92
$21.05
50-Day Range
$16.67
$21.28
52-Week Range
$16.02
$21.58
Volume
8,203 shs
Average Volume
1.05 million shs
Market Capitalization
$3.33 billion
P/E Ratio
15.03
Dividend Yield
4.56%
Price Target
$20.75

Virtu Financial MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
1.6% Downside
$20.75 Price Target
Short Interest
Healthy
1.45% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.38
Upright™ Environmental Score
News Sentiment
0.25mentions of Virtu Financial in the last 14 days
Based on 7 Articles This Week
Insider Trading
Acquiring Shares
$810,500 Bought Last Quarter
Proj. Earnings Growth
13.33%
From $1.80 to $2.04 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.73 out of 5 stars

Finance Sector

97th out of 852 stocks

Security Brokers & Dealers Industry

5th out of 27 stocks

VIRT stock logo

About Virtu Financial Stock (NASDAQ:VIRT)

Virtu Financial, Inc. operates as a financial services company in the United States, Asia Pacific, Canada, EMEA, Ireland, and internationally. The company operates through two segments, Market Making and Execution Services. Its product includes offerings in execution, liquidity sourcing, analytics and broker-neutral, capital markets, and multi-dealer platforms in workflow technology. The company's product allow its clients to trade on various venues across 50 countries and in various asset classes, including global equities, ETFs, options, foreign exchange, futures, fixed income, cryptocurrencies, and myriad other commodities. Its multi-asset analytics platform provides a range of pre- and post-trade services, data products, and compliance tools for clients to invest, trade, and manage risk across global markets. The company was founded in 2008 and is headquartered in New York, New York.

VIRT Stock Price History

VIRT Stock News Headlines

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Virtu Financial (VIRT) Scheduled to Post Earnings on Wednesday
Piper Sandler Reaffirms Their Buy Rating on Charles Schwab (SCHW)
The Best AI Stock to Own in the World Today is Trading for Just $25
“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.
Analyst Expectations For Virtu Finl's Future
VIRT Apr 2024 21.000 call
Doug Cifu has let FT Alphaville down
SYF vs. VIRT: Which Stock Is the Better Value Option?
Demystifying Virtu Finl: Insights From 5 Analyst Reviews
See More Headlines
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Company Calendar

Last Earnings
1/25/2024
Ex-Dividend for 3/15 Dividend
2/29/2024
Dividend Payable
3/15/2024
Today
4/23/2024
Next Earnings (Confirmed)
4/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Security brokers & dealers
Sub-Industry
N/A
Current Symbol
NASDAQ:VIRT
Employees
975
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$20.75
High Stock Price Target
$25.00
Low Stock Price Target
$18.00
Potential Upside/Downside
-1.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
6 Analysts

Profitability

Net Income
$142.04 million
Pretax Margin
14.18%

Debt

Sales & Book Value

Annual Sales
$2.29 billion
Cash Flow
$2.53 per share
Book Value
$8.91 per share

Miscellaneous

Free Float
87,279,000
Market Cap
$3.33 billion
Optionable
Optionable
Beta
0.40
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Key Executives


VIRT Stock Analysis - Frequently Asked Questions

Should I buy or sell Virtu Financial stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Virtu Financial in the last twelve months. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" VIRT shares.
View VIRT analyst ratings
or view top-rated stocks.

What is Virtu Financial's stock price target for 2024?

6 Wall Street analysts have issued 12-month price objectives for Virtu Financial's stock. Their VIRT share price targets range from $18.00 to $25.00. On average, they predict the company's share price to reach $20.75 in the next year. This suggests that the stock has a possible downside of 1.6%.
View analysts price targets for VIRT
or view top-rated stocks among Wall Street analysts.

How have VIRT shares performed in 2024?

Virtu Financial's stock was trading at $20.26 at the beginning of 2024. Since then, VIRT stock has increased by 4.0% and is now trading at $21.08.
View the best growth stocks for 2024 here
.

When is Virtu Financial's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024.
View our VIRT earnings forecast
.

How can I listen to Virtu Financial's earnings call?

Virtu Financial will be holding an earnings conference call on Wednesday, April 24th at 7:30 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Virtu Financial's earnings last quarter?

Virtu Financial, Inc. (NASDAQ:VIRT) issued its quarterly earnings results on Thursday, January, 25th. The financial services provider reported $0.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.40 by $0.13. The financial services provider earned $535.98 million during the quarter, compared to analyst estimates of $272.96 million. Virtu Financial had a net margin of 6.22% and a trailing twelve-month return on equity of 16.94%. During the same period in the prior year, the firm earned $0.32 earnings per share.

How often does Virtu Financial pay dividends? What is the dividend yield for Virtu Financial?

Virtu Financial announced a quarterly dividend on Thursday, February 29th. Shareholders of record on Friday, March 1st will be paid a dividend of $0.24 per share on Friday, March 15th. This represents a $0.96 dividend on an annualized basis and a yield of 4.55%. The ex-dividend date is Thursday, February 29th.
Read our dividend analysis for VIRT
.

Is Virtu Financial a good dividend stock?

Virtu Financial (NASDAQ:VIRT) pays an annual dividend of $0.96 per share and currently has a dividend yield of 4.56%. VIRT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 68.57%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, VIRT will have a dividend payout ratio of 47.06% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for VIRT.

What is Doug Cifu's approval rating as Virtu Financial's CEO?

36 employees have rated Virtu Financial Chief Executive Officer Doug Cifu on Glassdoor.com. Doug Cifu has an approval rating of 85% among the company's employees.

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), Intel (INTC) and La Jolla Pharmaceutical (LJPC).

When did Virtu Financial IPO?

Virtu Financial (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. 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 a variety of institutional and retail investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (0.47%), Congress Asset Management Co. MA (0.22%), Raymond James & Associates (0.16%), Alaska Permanent Fund Corp (0.09%), Bangor Savings Bank (0.02%) and Norden Group LLC (0.02%). Insiders that own company stock include Brett Fairclough, Douglas A Cifu, Joanne Minieri, Joseph Molluso, North Island Ventures, Llc, Private Ltd Gic and Stephen Cavoli.
View institutional ownership trends
.

How do I buy shares of Virtu Financial?

Shares of VIRT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:VIRT) was last updated on 4/23/2024 by MarketBeat.com Staff

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