Virtu Financial, Inc. (VIRT)
Market Cap | 5.48B |
Revenue (ttm) | 1.91B |
Net Income (ttm) | 176.33M |
Shares Out | 154.62M |
EPS (ttm) | 1.98 |
PE Ratio | 17.85 |
Forward PE | 11.23 |
Dividend | $0.96 (2.71%) |
Ex-Dividend Date | Nov 29, 2024 |
Volume | 1,992,893 |
Open | 34.50 |
Previous Close | 34.56 |
Day's Range | 34.15 - 35.83 |
52-Week Range | 16.02 - 38.45 |
Beta | 0.43 |
Analysts | Buy |
Price Target | 29.50 (-16.69%) |
Earnings Date | Jan 23, 2025 |
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]
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 StatementsAnalyst 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 -16.69% from the latest price.
News
KBW Announces Index Rebalancing for Fourth-Quarter 2024
NEW YORK, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel F...
Virtu Financial Celebrates Recognition at The TRADE Leaders in Trading 2024 Awards
NEW YORK, Dec. 09, 2024 (GLOBE NEWSWIRE) -- Virtu Financial, Inc. (NASDAQ: VIRT) a leading provider of financial services and products that leverage cutting-edge technology to deliver innovative, tran...
Virtu Financial Congratulates Women in Finance Award Recipients Lisha Qiu and Rachele Princiotto
NEW YORK, Nov. 25, 2024 (GLOBE NEWSWIRE) -- Virtu Financial, Inc. (NASDAQ: VIRT), a leading provider of financial services and products that leverage cutting-edge technology to deliver innovative, tra...
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 ...
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...
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...
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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...
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...
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...
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...
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.
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...
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...
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...
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...
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...
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...
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...
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 ...
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...
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...
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...