Virtu Financial, Inc., financial services company, provides execution services and data, analytics, and connectivity products to clients worldwide.
Virtu Financial Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$24.38|
|52 Week High||US$21.03|
|52 Week Low||US$32.35|
|1 Month Change||-6.34%|
|3 Month Change||-12.37%|
|1 Year Change||4.37%|
|3 Year Change||21.11%|
|5 Year Change||63.41%|
|Change since IPO||9.92%|
Recent News & Updates
|VIRT||US Capital Markets||US Market|
Return vs Industry: VIRT underperformed the US Capital Markets industry which returned 63.3% over the past year.
Return vs Market: VIRT underperformed the US Market which returned 32.8% over the past year.
Stable Share Price: VIRT is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: VIRT's weekly volatility (3%) has been stable over the past year.
About the Company
Virtu Financial, Inc., financial services company, provides execution services and data, analytics, and connectivity products to clients worldwide. Its product suite includes offerings in execution, liquidity sourcing, analytics and broker-neutral, and multi-dealer platforms in workflow technology. The company’s solutions enable clients to trade on various venues across countries and in multiple asset classes, including global equities, ETFs, foreign exchange, futures, fixed income, and other commodities.
Virtu Financial Fundamentals Summary
|VIRT fundamental statistics|
Is VIRT overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|VIRT income statement (TTM)|
|Cost of Revenue||US$1.11b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||2.76|
|Net Profit Margin||19.64%|
How did VIRT perform over the long term?See historical performance and comparison
3.9%Current Dividend Yield
Is Virtu Financial undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: VIRT ($24.38) is trading below our estimate of fair value ($59.66)
Significantly Below Fair Value: VIRT is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: VIRT is good value based on its PE Ratio (8.8x) compared to the US Capital Markets industry average (15.5x).
PE vs Market: VIRT is good value based on its PE Ratio (8.8x) compared to the US market (18.1x).
Price to Earnings Growth Ratio
PEG Ratio: VIRT's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: VIRT is good value based on its PB Ratio (2.9x) compared to the US Capital Markets industry average (61.3x).
How is Virtu Financial forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: VIRT's earnings are forecast to decline over the next 3 years (-13.4% per year).
Earnings vs Market: VIRT's earnings are forecast to decline over the next 3 years (-13.4% per year).
High Growth Earnings: VIRT's earnings are forecast to decline over the next 3 years.
Revenue vs Market: VIRT's revenue is expected to decline over the next 3 years (-15.2% per year).
High Growth Revenue: VIRT's revenue is forecast to decline over the next 3 years (-15.2% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: VIRT's Return on Equity is forecast to be high in 3 years time (22.2%)
How has Virtu Financial performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: VIRT has high quality earnings.
Growing Profit Margin: VIRT's current net profit margins (19.6%) are higher than last year (16.2%).
Past Earnings Growth Analysis
Earnings Trend: VIRT's earnings have grown significantly by 54.2% per year over the past 5 years.
Accelerating Growth: VIRT's earnings growth over the past year (33.7%) is below its 5-year average (54.2% per year).
Earnings vs Industry: VIRT earnings growth over the past year (33.7%) underperformed the Capital Markets industry 78.6%.
Return on Equity
High ROE: Whilst VIRT's Return on Equity (47.61%) is outstanding, this metric is skewed due to their high level of debt.
How is Virtu Financial's financial position?
Financial Position Analysis
Short Term Liabilities: VIRT's short term assets ($8.0B) exceed its short term liabilities ($6.6B).
Long Term Liabilities: VIRT's short term assets ($8.0B) exceed its long term liabilities ($1.8B).
Debt to Equity History and Analysis
Debt Level: VIRT's debt to equity ratio (180.1%) is considered high.
Reducing Debt: VIRT's debt to equity ratio has reduced from 276.4% to 180.1% over the past 5 years.
Debt Coverage: VIRT's debt is well covered by operating cash flow (26.5%).
Interest Coverage: Insufficient data to determine if VIRT's interest payments on its debt are well covered by EBIT.
What is Virtu Financial current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: VIRT's dividend (3.94%) is higher than the bottom 25% of dividend payers in the US market (1.3%).
High Dividend: VIRT's dividend (3.94%) is in the top 25% of dividend payers in the US market (3.57%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, VIRT has been paying a dividend for less than 10 years.
Growing Dividend: VIRT has only been paying a dividend for 6 years, and since then payments have not increased.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (22.6%), VIRT's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: VIRT's dividends in 3 years are forecast to be well covered by earnings (35.2% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Doug Cifu (56 yo)
Mr. Douglas A. Cifu, J.D., also known as Doug, serves as Vice Chairman, Partner & Alternate Governor at Florida Panthers Hockey Club, Ltd. He has been the Chief Executive Officer of Virtu Financial, Inc. s...
CEO Compensation Analysis
Compensation vs Market: Doug's total compensation ($USD12.26M) is above average for companies of similar size in the US market ($USD5.22M).
Compensation vs Earnings: Doug's compensation has increased by more than 20% in the past year.
Experienced Management: VIRT's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
Experienced Board: VIRT's board of directors are considered experienced (4.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Virtu Financial, Inc.'s employee growth, exchange listings and data sources
- Name: Virtu Financial, Inc.
- Ticker: VIRT
- Exchange: NasdaqGS
- Founded: 2008
- Industry: Investment Banking and Brokerage
- Sector: Diversified Financials
- Implied Market Cap: US$4.541b
- Market Cap: US$2.862b
- Shares outstanding: 187.27m
- Website: https://www.virtu.com
Number of Employees
- Virtu Financial, Inc.
- One Liberty Plaza
- 165 Broadway
- New York
- New York
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/27 23:05|
|End of Day Share Price||2021/09/27 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.