Virtu Financial (VIRT) Stock Price, News & Analysis

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.

Key Stats

• Today's Range: $36.52 to $37.23
• 50-Day Range: $30.46 to $36.99
• 52-Week Range: $16.02 to $37.23
• Volume: 622,359 shs
• Average Volume: 1.25 million shs
• Market Capitalization: $5.72 billion
• P/E Ratio: 18.59
• Dividend Yield: 2.60%
• Price Target: $29.50
• Consensus Rating: Hold

Virtu Financial Stock Analysis - MarketRank™

Virtu Financial scored higher than 94% of companies evaluated by MarketBeat, and ranked 79th out of 930 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.2 / 5
• Analyst Rating: Hold

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.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: -2.22%

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 18.59, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.22.

Price to Earnings Ratio vs. Sector

The P/E ratio of Virtu Financial is 18.59, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 49.34.

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 4.15. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

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

• Score: 2.5 / 5
• Dividend Strength: Moderate

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.

Sustainability and ESG

• Score: 3.3 / 5
• Environmental Score: -0.38

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 and Social Media

• Score: 3.9 / 5
• News Sentiment: 1.05

News Sentiment

Virtu Financial has a news sentiment score of 1.05. 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 0.76 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

20 people have searched for VIRT on MarketBeat in the last 30 days. This is an increase of 18% compared to the previous 30 days.

MarketBeat Follows

7 people have added Virtu Financial to their MarketBeat watchlist in the last 30 days. This is an increase of 133% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: N/A

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.

VIRT Stock Analysis - Frequently Asked Questions

How have VIRT shares performed this year?

Virtu Financial's stock was trading at $20.26 on January 1st, 2024. Since then, VIRT shares have increased by 82.6% and is now trading at $36.99.
View the best growth stocks for 2024 here.

How were Virtu Financial's earnings last quarter?

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

When did Virtu Financial IPO?

Virtu Financial (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 top institutional investors 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.

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.

What other stocks do shareholders of Virtu Financial own?

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: 11/20/2024
• 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

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Security brokers & dealers
• Sub-Industry: Trading
• Current Symbol: NASDAQ:VIRT
• CUSIP: N/A
• CIK: 1592386
• Web: www.virtu.com
• Phone: (212) 418-0100
• Fax: 212-418-0123
• 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: -20.2%
• Consensus Rating: Hold
• Rating Score (0-4): 2.43
• Research Coverage: 7 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.99
• Trailing P/E Ratio: 18.59
• Forward P/E Ratio: 13.70
• P/E Growth: 0.55
• Net Income: $142.04 million
• Net Margins: 7.29%
• Pretax Margin: 17.81%
• Return on Equity: 23.22%
• Return on Assets: 2.37%

Debt

• Debt-to-Equity Ratio: 1.23
• Current Ratio: 0.47
• Quick Ratio: 0.47

Sales & Book Value

• Annual Sales: $2.29 billion
• Price / Sales: 2.49
• Cash Flow: $2.68 per share
• Price / Cash Flow: 13.80
• Book Value: $8.91 per share
• Price / Book: 4.15

Miscellaneous

• Outstanding Shares: 154,620,000
• Free Float: 82,413,000
• Market Cap: $5.72 billion
• Optionable: Optionable
• Beta: 0.38