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Virtu Financial (VIRT) Stock Price, News & Analysis

Virtu Financial logo
$34.92 -0.27 (-0.77%)
(As of 11/15/2024 ET)

About Virtu Financial Stock (NASDAQ:VIRT)

Key Stats

Today's Range
$34.47
$35.49
50-Day Range
$30.46
$35.87
52-Week Range
$16.02
$36.98
Volume
876,994 shs
Average Volume
1.00 million shs
Market Capitalization
$5.40 billion
P/E Ratio
17.55
Dividend Yield
2.75%
Price Target
$29.50
Consensus Rating
Hold

Company Overview

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.

Virtu Financial Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
95th Percentile Overall Score

VIRT MarketRank™: 

Virtu Financial scored higher than 95% of companies evaluated by MarketBeat, and ranked 74th out of 963 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Virtu Financial has received a consensus rating of Hold. The company's average rating score is 2.43, and is based on 3 buy ratings, 4 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Virtu Financial has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Virtu Financial's stock forecast and price target.
  • Earnings Growth

    Earnings for Virtu Financial are expected to decrease by -2.22% in the coming year, from $2.70 to $2.64 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Virtu Financial is 17.55, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.61.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Virtu Financial is 17.55, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 28.42.

  • Price to Earnings Growth Ratio

    Virtu Financial has a PEG Ratio of 0.55. PEG Ratios below 1 indicate that a company could be undervalued.

  • Price to Book Value per Share Ratio

    Virtu Financial has a P/B Ratio of 3.80. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Virtu Financial's valuation and earnings.
  • Percentage of Shares Shorted

    2.89% of the float of Virtu Financial has been sold short.
  • Short Interest Ratio / Days to Cover

    Virtu Financial has a short interest ratio ("days to cover") of 2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Virtu Financial has recently increased by 9.86%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Virtu Financial pays a meaningful dividend of 2.75%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Virtu Financial does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Virtu Financial is 48.24%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Virtu Financial will have a dividend payout ratio of 36.36% next year. This indicates that Virtu Financial will be able to sustain or increase its dividend.

  • Read more about Virtu Financial's dividend.
  • Percentage of Shares Shorted

    2.89% of the float of Virtu Financial has been sold short.
  • Short Interest Ratio / Days to Cover

    Virtu Financial has a short interest ratio ("days to cover") of 2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Virtu Financial has recently increased by 9.86%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Virtu Financial has a news sentiment score of 1.53. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.67 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 6 news articles for Virtu Financial this week, compared to 5 articles on an average week.
  • Search Interest

    21 people have searched for VIRT on MarketBeat in the last 30 days. This is an increase of 40% compared to the previous 30 days.
  • MarketBeat Follows

    6 people have added Virtu Financial to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Virtu Financial insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    46.70% 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 Institutions

    45.78% of the stock of Virtu Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Virtu Financial's insider trading history.
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VIRT Stock News Headlines

Virtu Financial: Market's Loss Is My Gain
Trump’s Back, but DC’s Coming for Your Money!
Trump's back in the White House, ready to hit the gas on America's comeback. He's taking on the economy with a heavy hand—building up infrastructure, slapping tariffs on imports, and going all-in on U.S. jobs. But here's the kicker: while Trump's focused on making America stronger, the Washington elite is ready to fight back…
Virtu Financial price target raised to $26 from $25 at Morgan Stanley
Evercore ISI Reaffirms Their Hold Rating on Virtu Financial (VIRT)
See More Headlines

VIRT Stock Analysis - Frequently Asked Questions

Virtu Financial's stock was trading at $20.26 at the start of the year. Since then, VIRT stock has increased by 72.4% and is now trading at $34.92.
View the best growth stocks for 2024 here
.

Virtu Financial, Inc. (NASDAQ:VIRT) released its quarterly earnings data on Thursday, October, 24th. The financial services provider reported $0.82 EPS for the quarter, topping analysts' consensus estimates of $0.79 by $0.03. Virtu Financial's revenue for the quarter was up 30.2% on a year-over-year basis.

Virtu Financial (VIRT) raised $297 million in an initial public offering 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.

Virtu Financial's top institutional shareholders include FMR LLC (3.22%), State Street Corp (2.09%), Geode Capital Management LLC (0.90%) and Charles Schwab Investment Management Inc. (0.82%). Insiders that own company stock include Douglas A Cifu, Joseph Molluso, Stephen Cavoli, Brett Fairclough, Virginia Gambale, Joanne Minieri and Private Ltd Gic.
View institutional ownership trends
.

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Virtu Financial investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Meta Platforms (META), Tesla (TSLA), Netflix (NFLX), Intel (INTC) and PayPal (PYPL).

Company Calendar

Ex-Dividend for 9/15 Dividend
8/30/2024
Dividend Payable
9/15/2024
Last Earnings
10/24/2024
Today
11/16/2024
Ex-Dividend for 12/15 Dividend
11/29/2024
Dividend Payable
12/15/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
1/23/2025

Industry, Sector and Symbol

Sector
Finance
Industry
Security brokers & dealers
Sub-Industry
Trading
Current Symbol
NASDAQ:VIRT
Employees
990
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$29.50
High Stock Price Target
$37.00
Low Stock Price Target
$21.50
Potential Upside/Downside
-15.5%
Consensus Rating
Hold
Rating Score (0-4)
2.43
Research Coverage
7 Analysts

Profitability

Net Income
$142.04 million
Pretax Margin
17.81%

Debt

Sales & Book Value

Annual Sales
$2.29 billion
Cash Flow
$2.51 per share
Book Value
$9.18 per share

Miscellaneous

Free Float
82,413,000
Market Cap
$5.40 billion
Optionable
Optionable
Beta
0.38

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This page (NASDAQ:VIRT) was last updated on 11/17/2024 by MarketBeat.com Staff
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