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Virtu Financial NasdaqGS:VIRT Stock Report

Last Price

US$34.56

Market Cap

US$5.4b

7D

-6.2%

1Y

67.4%

Updated

19 Dec, 2024

Data

Company Financials +

Virtu Financial, Inc.

NasdaqGS:VIRT Stock Report

Market Cap: US$5.4b

VIRT Stock Overview

Operates as a financial services company in the United States, Asia Pacific, Canada, EMEA, Ireland, and internationally. More details

VIRT fundamental analysis
Snowflake Score
Valuation5/6
Future Growth3/6
Past Performance4/6
Financial Health3/6
Dividends3/6

Rewards

Trading at 50.3% below our estimate of its fair value

Earnings are forecast to grow 17.74% per year

Earnings grew by 13% over the past year

Trading at good value compared to peers and industry

Risk Analysis

No risks detected for VIRT from our risk checks.

My Notes

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Community Narratives

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Narratives bring a range of perspectives from our community.

WA
Analyst Price Target
Consensus Narrative from 9 Analysts

Leveraging Technology Investments Will Unlock Future Market Opportunities

Key Takeaways Expansion of Virtu Technology Solutions and Virtu Execution Services targets growth by efficiently distributing technology and entering underpenetrated markets. Investments in global options and ETF Block growth could lead to increased market-making opportunities and earnings enhancements.
View narrative
US$35.11
FV
1.6% undervalued intrinsic discount
-7.94%
Revenue growth p.a.
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1users have followed this narrative
1 day ago author updated this narrative

Virtu Financial, Inc. Competitors

Piper Sandler Companies

NYSE:PIPR

US$4.7b

Moelis

NYSE:MC

US$5.4b

Lazard

NYSE:LAZ

US$4.6b

BGC Group

NasdaqGS:BGC

US$4.2b

Price History & Performance

Summary of share price highs, lows and changes for Virtu Financial
Historical stock prices
Current Share PriceUS$34.56
52 Week HighUS$38.45
52 Week LowUS$16.02
Beta0.43
1 Month Change-6.34%
3 Month Change11.66%
1 Year Change67.44%
3 Year Change21.73%
5 Year Change114.93%
Change since IPO55.82%

Recent News & Updates

Virtu Financial: Market's Loss Is My Gain

Nov 05

Virtu Financial (NASDAQ:VIRT) Is Paying Out A Dividend Of $0.24

Oct 29
Virtu Financial (NASDAQ:VIRT) Is Paying Out A Dividend Of $0.24

Recent updates

Virtu Financial: Market's Loss Is My Gain

Nov 05

Virtu Financial (NASDAQ:VIRT) Is Paying Out A Dividend Of $0.24

Oct 29
Virtu Financial (NASDAQ:VIRT) Is Paying Out A Dividend Of $0.24

Virtu Financial: The Perfect Hedge In Every Environment

Sep 26

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

Sep 09

Virtu Financial (NASDAQ:VIRT) Will Pay A Dividend Of $0.24

Aug 22
Virtu Financial (NASDAQ:VIRT) Will Pay A Dividend Of $0.24

Virtu Financial: Anti-Fragile, Uncorrelated And Outperforming

Aug 16

Virtu Financial's (NASDAQ:VIRT) Dividend Will Be $0.24

Jul 23
Virtu Financial's (NASDAQ:VIRT) Dividend Will Be $0.24

Virtu Financial, Inc.'s (NASDAQ:VIRT) Price Is Right But Growth Is Lacking After Shares Rocket 27%

Jul 20
Virtu Financial, Inc.'s (NASDAQ:VIRT) Price Is Right But Growth Is Lacking After Shares Rocket 27%

Virtu Financial: Overperformance With Clear Ethereum Catalyst

Jul 19

Virtu Financial, Inc.'s (NASDAQ:VIRT) Shares Lagging The Market But So Is The Business

Jun 05
Virtu Financial, Inc.'s (NASDAQ:VIRT) Shares Lagging The Market But So Is The Business

Virtu Financial: Meme Stocks Are Roaring Back And Market Makers Are Salivating

May 14

Virtu Financial, Inc.'s (NASDAQ:VIRT) Price Is Right But Growth Is Lacking

Mar 04
Virtu Financial, Inc.'s (NASDAQ:VIRT) Price Is Right But Growth Is Lacking

Virtu Financial (NASDAQ:VIRT) Has Announced A Dividend Of $0.24

Jan 28
Virtu Financial (NASDAQ:VIRT) Has Announced A Dividend Of $0.24

Virtu Financial: A Powerful Hedge

Jan 18

Virtu Financial: Benefits From Market Volatility

Sep 26

Virtu Financial Non-GAAP EPS of $0.73 beats by $0.01, revenue of $604.74M beats by $244.84M

Jul 28

Shareholder Returns

VIRTUS Capital MarketsUS Market
7D-6.2%-6.4%-4.0%
1Y67.4%33.4%24.0%

Return vs Industry: VIRT exceeded the US Capital Markets industry which returned 33.4% over the past year.

Return vs Market: VIRT exceeded the US Market which returned 24% over the past year.

Price Volatility

Is VIRT's price volatile compared to industry and market?
VIRT volatility
VIRT Average Weekly Movement4.0%
Capital Markets Industry Average Movement4.0%
Market Average Movement6.4%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.2%

Stable Share Price: VIRT has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: VIRT's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2008975Doug Cifuwww.virtu.com

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.

Virtu Financial, Inc. Fundamentals Summary

How do Virtu Financial's earnings and revenue compare to its market cap?
VIRT fundamental statistics
Market capUS$5.37b
Earnings (TTM)US$176.33m
Revenue (TTM)US$1.91b

16.8x

P/E Ratio

1.6x

P/S Ratio

Is VIRT overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
VIRT income statement (TTM)
RevenueUS$1.91b
Cost of RevenueUS$917.60m
Gross ProfitUS$992.42m
Other ExpensesUS$816.09m
EarningsUS$176.33m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)2.05
Gross Margin51.96%
Net Profit Margin9.23%
Debt/Equity Ratio364.5%

How did VIRT perform over the long term?

See historical performance and comparison

Dividends

2.8%

Current Dividend Yield

48%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 00:10
End of Day Share Price 2024/12/19 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Virtu Financial, Inc. is covered by 15 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Paul CondraBMO Capital Markets Equity Research
Craig SiegenthalerBofA Global Research
Christopher AllenBuckingham Research Group Inc.