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Virtu Financial (VIRT)
NASDAQ:VIRT
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VIRT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$15.63 - $25.68
Previous Close$23.07
Volume957.56K
Average Volume (3M)1.46M
Market Cap
$3.54B
Enterprise Value$7.60B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$3.77B
Price to Earnings (P/E)16.1
Beta0.71
Next Earnings
Jul 18, 2024EPS Estimate
$0.61Last Dividend Ex-Date
May 31, 2024Dividend Yield4.26%
Share Statistics
EPS (TTM)1.43
Shares Outstanding157,193,834
10 Day Avg. Volume3,307,274
30 Day Avg. Volume1,462,639
Standard Deviation0.09
R-Squared0.05
Alpha0.00211
Financial Highlights & Ratios
Price to Book (P/B)2.99
Price to Sales (P/S)5.17
Price to Cash Flow (P/CF)-2.30
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.43
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$23.20Price Target Upside0.56% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering7
Virtu Financial News
Bulls Say, Bears Say
Bulls Say
Analyst's ViewAnalyst expects Virtu's valuation to rerate upward as regulatory concerns dissipate and anticipates volume increases from upward normalization in volatility.
Business GrowthRecord organic growth initiative revenues suggest innovative and effective business strategies.
Financial PerformanceVIRT reported solid 1Q driven by market-making NTI as better volumes and improvements in quoted spread values.
Bears Say
Analyst's OutlookAnalysts have lowered Virtu Financial's earnings per share and price objective due to the ongoing volatility drought in equity markets.
Financial PerformanceVirtu reported lower than expected adjusted earnings per share, with the results being the weakest in four years.
Market ConditionsEquity market-making is challenged by lower industry volumes and narrow spreads.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
VIRT FAQ
What was Virtu Financial’s price range in the past 12 months?
Virtu Financial lowest stock price was $15.63 and its highest was $25.68 in the past 12 months.
What is Virtu Financial’s market cap?
Currently, no data Available
When is Virtu Financial’s upcoming earnings report date?
Virtu Financial’s upcoming earnings report date is Jul 18, 2024 which is 126 days ago.
How were Virtu Financial’s earnings last quarter?
Virtu Financial released its earnings results on Apr 24, 2024. The company reported $0.76 earnings per share for the quarter, beating the consensus estimate of $0.545 by $0.215.
Is Virtu Financial overvalued?
According to Wall Street analysts Virtu Financial’s price is currently Undervalued.
Does Virtu Financial pay dividends?
Virtu Financial pays a Quarterly dividend of $0.24 which represents an annual dividend yield of 4.26%. See more information on Virtu Financial dividends here
What is Virtu Financial’s EPS estimate?
Virtu Financial’s EPS estimate is $0.61.
How many shares outstanding does Virtu Financial have?
Virtu Financial has 88,494,095 shares outstanding.
What happened to Virtu Financial’s price movement after its last earnings report?
Virtu Financial reported an EPS of $0.76 in its last earnings report, beating expectations of $0.545. Following the earnings report the stock price went up 3.052%.
Which hedge fund is a major shareholder of Virtu Financial?
Among the largest hedge funds holding Virtu Financial’s share is Hotchkis & Wiley Capital Management LLC. It holds Virtu Financial’s shares valued at 13M.
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Virtu Financial Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$23.20 (0.56% Upside)
$23.20 (0.56% Upside)
Blogger Sentiment
Bullish
VIRT Sentiment 85%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 98.7K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Neutral
Last 7 Days ▼ 3.9%
Last 30 Days ▲ 4.6%
Last 30 Days ▲ 4.6%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
35.48%
12-Months-Change
Fundamentals
Return on Equity
10.44%
Trailing 12-Months
Asset Growth
7.83%
Trailing 12-Months
Company Description
Virtu Financial
Virtu Financial, Inc. engages in the provision of market making and liquidity services through its proprietary, multi-asset, and multi-currency technology platform. It operates through the following segments: Market Making, Execution Services, and Corporate. The Market Making segment involves in the buy and sell of securities and other financial instruments. The Execution Services segment agency offers trading venues that provide transparent trading in global equities, ETFs, and fixed income to institutions, banks and broker dealers. The Corporate segment consists investments in strategic financial services-oriented opportunities and maintains corporate overhead expenses and all other income and expenses that are not attributable to the other segments. The company was founded by Vincent J. Viola in 2008 and is headquartered in New York, NY.
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VIRT Company Deck
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VIRT Earnings Call
Q1 2024
0:00 / 0:00
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VIRT Revenue Breakdown
80.38% Market Making
19.47% Execution Services
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VIRT Stock 12 Month Forecast
Average Price Target
$23.20
▲(0.56% Upside)
Technical Analysis
Best Analysts Covering VIRT
1 Year
1 Year Success Rate
9/11 ratings generated profit
1 Year Average Return
+10.18%
reiterated a buy rating 5 months ago
Copying Christopher Allen's trades and holding each position for 1 Year would result in 81.82% of your transactions generating a profit, with an average return of +10.18% per trade.
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