Virtu Financial, Inc. (VIRT)

NASDAQ: VIRT · Real-Time Price · USD
36.99
+0.09 (0.24%)
Nov 20, 2024, 4:00 PM EST - Market open
0.24%
Market Cap 5.72B
Revenue (ttm) 1.91B
Net Income (ttm) 176.33M
Shares Out 154.62M
EPS (ttm) 1.98
PE Ratio 18.85
Forward PE 12.08
Dividend $0.96 (2.57%)
Ex-Dividend Date Nov 29, 2024
Volume 578,270
Open 36.91
Previous Close 36.90
Day's Range 36.52 - 37.23
52-Week Range 16.02 - 37.23
Beta 0.37
Analysts Buy
Price Target 29.50 (-20.25%)
Earnings Date Oct 24, 2024

About 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, fore... [Read more]

Industry Capital Markets
Sector Financials
IPO Date Apr 16, 2015
Employees 975
Stock Exchange NASDAQ
Ticker Symbol VIRT
Full Company Profile

Financial Performance

In 2023, Virtu Financial's revenue was $1.68 billion, a decrease of -16.16% compared to the previous year's $2.01 billion. Earnings were $133.89 million, a decrease of -47.54%.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for VIRT stock is "Buy." The 12-month stock price forecast is $29.5, which is a decrease of -20.25% from the latest price.

Price Target
$29.5
(-20.25% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Virtu Financial: Market's Loss Is My Gain

Virtu Financial remains a top hedge, benefiting from market volatility and volume events, while offering shareholder returns through dividends and buybacks. Despite a negative hit in Q3, Virtu trades ...

16 days ago - Seeking Alpha

Virtu Financial, Inc. (VIRT) Q3 2024 Earnings Call Transcript

Virtu Financial, Inc. (NASDAQ:VIRT) Q3 2024 Results Conference Call October 24, 2024 8:30 AM ET Company Participants Andrew Smith - Investor and Media Relations Douglas Cifu - Chief Executive Officer...

27 days ago - Seeking Alpha

Virtu Announces Third Quarter 2024 Results

NEW YORK, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Virtu Financial, Inc. (NASDAQ: VIRT), a leading provider of financial services and products that leverages cutting edge technology to deliver innovative, tr...

4 weeks ago - GlobeNewsWire

10 small-cap stocks selected by digging deep for quality

David Trainer explains how New Constructs incorporates decades of information buried in companies' financial statement notes, for “better” calculations of returns on invested capital

5 weeks ago - Market Watch

The Best Financial Stocks to Buy

Financial stocks play a critical role in the economy and are a key component of any well-rounded portfolio.

Other symbols: ALLBXFITBHASIHIGMETSYF
5 weeks ago - Kiplinger

Pick Top Stocks Like Fantasy Football

Fantasy sports is a multi-billion dollar industry, with millions invested, tracking key stats, with the aim of selecting top players for the biggest return. Fantasy football and investing have strong ...

Other symbols: CCLDKNGSKYWTPB
6 weeks ago - Seeking Alpha

Virtu Financial to Host Conference Call Announcing Third Quarter 2024 Results on Thursday, October 24, 2024

NEW YORK, Oct. 03, 2024 (GLOBE NEWSWIRE) -- Virtu Financial, Inc. (Nasdaq:VIRT), a leading provider of global, multi-asset financial services that delivers liquidity and innovative, transparent produc...

6 weeks ago - GlobeNewsWire

Virtu Financial: The Perfect Hedge In Every Environment

Virtu Financial's share price is up 52% YTD, outperforming the S&P 500. Virtu benefits from increased trading volumes and volatility, providing a perfect hedge for unexpected market downturns. Despite...

2 months ago - Seeking Alpha

Virtu Financial Congratulates Women in Finance Award Recipients Leah Goldsberry and Trish McMenamin

NEW YORK, Sept. 26, 2024 (GLOBE NEWSWIRE) -- Virtu Financial, Inc. (Nasdaq:VIRT), a leading provider of global, multi-asset financial services that delivers liquidity and innovative, transparent produ...

2 months ago - GlobeNewsWire

Virtu Financial: Still A Powerful Hedge You Don't Know About

Virtu Financial is a fortress of a business that performs well with high operating margins even in unfavorable conditions. The company's performance is closely tied to market volumes and volatility, t...

2 months ago - Seeking Alpha

Top 4 Financials Stocks That May Crash This Month

As of Sept. 6, 2024, four stocks in the financials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

Other symbols: FNWBHRTGKREF
2 months ago - Benzinga

Virtu Financial: Anti-Fragile, Uncorrelated And Outperforming

Virtu Financial is a low-beta, high-growth stock with strong capital allocation strategies. The company's business model thrives on market volatility, making it anti-fragile and benefiting from turbul...

3 months ago - Seeking Alpha

If I Could Only Buy 3 Stocks For The Next Recession

The odds of a recession hitting are rising. This will likely lead to a market downturn and potentially some dividend cuts. I share three picks that are likely to outperform and even potentially benefi...

Other symbols: EPDGOLD
3 months ago - Seeking Alpha

Virtu Triton Wins Best Equity E/OMS at European Markets Choice Awards 2024

NEW YORK, July 22, 2024 (GLOBE NEWSWIRE) -- Virtu Financial, Inc. (Nasdaq:VIRT), a leading provider of global, multi-asset financial services that delivers liquidity and innovative, transparent produc...

4 months ago - GlobeNewsWire

Virtu Financial: Overperformance With Clear Ethereum Catalyst

Virtu Financial reported overperformance despite a decline in volatility and volumes industry-wide. The company is preparing to make markets for Ethereum products, with the potential for significant g...

4 months ago - Seeking Alpha

Virtu Financial, Inc. (VIRT) Q2 2024 Earnings Call Transcript

Virtu Financial, Inc. (NASDAQ:VIRT) Q2 2024 Earnings Conference Call July 18, 2024 8:30 AM ET Company Participants Andrew Smith - Investor and Media Relations Douglas Cifu - Chief Executive Officer J...

4 months ago - Seeking Alpha

Virtu Announces Second Quarter 2024 Results

NEW YORK, July 18, 2024 (GLOBE NEWSWIRE) -- Virtu Financial, Inc. (NASDAQ: VIRT), a leading provider of financial services and products that leverages cutting edge technology to deliver innovative, tr...

4 months ago - GlobeNewsWire

Virtu Financial Announces Sponsorship of Maria Costa, Professional Equestrian Show Jumper

NEW YORK, July 11, 2024 (GLOBE NEWSWIRE) -- Virtu Financial, Inc. (Nasdaq:VIRT), a leading provider of global, multi-asset financial services that delivers liquidity and innovative, transparent produc...

4 months ago - GlobeNewsWire

Virtu Financial, Inc. Announces Pricing of Opportunistic Refinancings

NEW YORK, June 13, 2024 (GLOBE NEWSWIRE) -- Virtu Financial, Inc. (Nasdaq: VIRT) (“Virtu”) announced today that its subsidiaries, VFH Parent LLC (the “Issuer”) and Valor Co-Issuer, Inc. (collectively ...

5 months ago - GlobeNewsWire

Virtu Financial, Inc. Announces Proposed Opportunistic Private Offering of $500 Million of Senior First Lien Notes Due 2031

NEW YORK, June 10, 2024 (GLOBE NEWSWIRE) -- Virtu Financial, Inc. (Nasdaq: VIRT) (“Virtu”) announced today that its subsidiaries, VFH Parent LLC (the “Issuer”) and Valor Co-Issuer, Inc. (the “Co-Issue...

5 months ago - GlobeNewsWire

Crestline Summit Appoints Brian Peller as Chief Operating Officer

FORT WORTH, Texas--(BUSINESS WIRE)--Crestline Summit, the multi-strategy hedge fund division of Crestline Investors, Inc., today announced the appointment of Brian Peller as Chief Operating Officer. I...

6 months ago - Business Wire

Virtu Financial CEO on retail trading, future of AI and more

Virtu Financial CEO Doug Cifu and CNBC's Bob Pisani join 'ETF Edge' from the Piper Sandler Global Exchange Conference to discuss the volatility in the market, retail trading volumes, and AI's impact o...

6 months ago - CNBC Television

Virtu Financial, Inc. Announces Investor Meetings for Potential Opportunistic Offering of Senior Secured First Lien Notes

NEW YORK, May 30, 2024 (GLOBE NEWSWIRE) -- Virtu Financial Inc. (Nasdaq: VIRT) (the “Company”) announced today that it intends to hold one or more meetings with potential investors with respect to a p...

6 months ago - GlobeNewsWire

Virtu Financial Congratulates Michelle Hosea, Recipient of the Rising Star Award at Women in Finance Asia Awards

NEW YORK, May 17, 2024 (GLOBE NEWSWIRE) -- Virtu Financial, Inc. (Nasdaq:VIRT), a leading provider of global, multi-asset financial services that delivers liquidity and innovative, transparent product...

6 months ago - GlobeNewsWire

Virtu Financial, Inc. (VIRT) Q1 2024 Earnings Call Transcript

Virtu Financial, Inc. (VIRT) Q1 2024 Earnings Call Transcript

7 months ago - Seeking Alpha