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Virtu Financial Inc Stock Research

VIRT

17.80USD+0.02(+0.11%)Market Closed

Market Summary

USD17.80+0.02
Market Closed
0.11%

VIRT Alerts

VIRT Stock Price

VIRT RSI Chart

VIRT Valuation

Market Cap

1.7B

Price/Earnings (Trailing)

6.34

Price/Sales (Trailing)

0.76

EV/EBITDA

5.05

Price/Free Cashflow

2.22

VIRT Price/Sales (Trailing)

VIRT Profitability

EBT Margin

23.55%

Return on Equity

19.75%

Return on Assets

2.5%

Free Cashflow Yield

44.96%

VIRT Fundamentals

VIRT Revenue

Revenue (TTM)

2.3B

Revenue Y/Y

-11.53%

Revenue Q/Q

24.63%

VIRT Earnings

Earnings (TTM)

274.4M

Earnings Y/Y

-48.44%

Earnings Q/Q

109.77%

Price Action

52 Week Range

16.2626.62
(Low)(High)

Last 7 days

-0.8%

Last 30 days

-11.2%

Last 90 days

-3.7%

Trailing 12 Months

-32.3%

VIRT Financial Health

Debt/Equity

1.34

Debt/Cashflow

0.39

VIRT Investor Care

Dividend Yield

5.39%

Dividend/Share (TTM)

0.96

Buy Backs (1Y)

10.55%

Diluted EPS (TTM)

1.99

Peers (Alternatives to Virtu Financial)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
110.1B
39.0B
-3.67% 3.47%
10.43
2.82
-18.28% -43.67%
101.0B
17.4B
0.35% 4.00%
20.61
5.8
-11.48% -20.19%
99.6B
21.2B
3.06% -22.82%
13.86
4.8
14.77% 27.91%
19.9B
12.0B
3.90% -4.81%
11.87
1.66
11.08% 11.36%
10.5B
735.4M
-12.39% -2.58%
40.55
14.29
6.65% 6.97%
MID-CAP
8.5B
3.5B
1.40% 29.22%
4.63
3.18
133.79% 12.59%
7.6B
1.9B
-2.73% -1.27%
19.47
4.06
-8.09% -35.44%
6.6B
4.7B
-3.77% -9.88%
9.92
1.43
-0.66% -21.72%
1.7B
64.5B
-17.87% 7.47%
7.58
0.03
22.22% 49.25%
SMALL-CAP
1.9B
1.4B
-4.01% -0.24%
19.35
1.39
-29.57% -62.49%
1.7B
2.3B
-11.22% -32.27%
6.34
0.76
-8.65% -30.67%
1.1B
1.5B
0.39% 32.10%
14.3
0.71
-27.22% -74.14%
869.0M
16.9M
6.11% -
-58.06
51.45
-24.32% -161.15%
398.9M
1.2B
-3.66% 3.31%
10.59
0.34
-9.34% -70.93%
265.7M
262.7M
104.37% 23.31%
-33.47
1.01
-10.67% -128.23%

Financials for Virtu Financial

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Revenue-3.4%2,2842,3652,5732,5562,500
Operating Expenses1.4%1,8341,8081,8291,7681,751
  S&GA Expenses-1.1%85.0086.0076.0080.0088.00
EBITDA-21.9%649831871859-
EBITDA Margin-15.1%0.27*0.32*0.34*0.34*-
Earnings Before Taxes-19.2%450557744788749
EBT Margin-18.6%0.24*0.29*0.31*0.30*-
Interest Expenses3.2%95.0092.0087.0084.0082.00
Net Income3.5%274265405436396
Net Income Margin-41.5%0.11*0.19*0.15*0.14*-
Free Cahsflow-35.9%6801,061848752-
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Assets12.1%11,86110,58310,97211,41612,519
    Cash Equivalents-21.7%769982836811613
  Goodwill0.0%1,1491,1491,1491,1491,149
Liabilities14.5%10,2268,9329,2999,67510,820
  Long Term Debt-0.9%1,7791,7961,7921,7921,794
Shareholder's Equity-2.7%1,3061,3421,3481,7401,699
  Retained Earnings1.6%988972970956897
  Additional Paid-In Capital2.4%1,3231,2931,2661,2571,247
Shares Outstanding-4.4%98.00102105109-
Minority Interest6.5%330310325342320
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Cashflow From Operations15.1%8147071,088874783
  Share Based Compensation2.8%69.0067.0068.0063.0057.00
Cashflow From Investing-2.5%-30.28-29.53-32.89-40.61-96.74
Cashflow From Financing22.6%-569-735-874-864-1,081
  Buy Backs-94.2%0.008.0010.0010.0012.00

Risks for VIRT

What is the probability of a big loss on VIRT?

96.9%


Probability that Virtu Financial stock will be more than 20% underwater in next one year

56.1%


Probability that Virtu Financial stock will be more than 30% underwater in next one year.

32.7%


Probability that Virtu Financial stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does VIRT drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Virtu Financial was unfortunately bought at previous high price.

Drawdowns

Returns for VIRT

Cumulative Returns on VIRT

3.8%


7-Year Cumulative Returns

-7.7%


5-Year Cumulative Returns

-7.4%


3-Year Cumulative Returns

What are the long-term rolling returns for VIRT?

FIve years rolling returns for Virtu Financial.

Annualized Returns

Which funds bought or sold VIRT recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-05-25
Brandywine Global Investment Management, LLC
sold off
-100
-3,971,360
-
-%
2023-05-23
Toroso Investments, LLC
added
104
1,193,000
2,530,000
0.04%
2023-05-22
PUTNAM INVESTMENTS LLC
reduced
-14.06
-819,636
3,194,700
-%
2023-05-22
AMERIPRISE FINANCIAL INC
added
6.59
-800,591
61,120,400
0.02%
2023-05-19
Sparta 24 Ltd.
new
-
3,308,880
3,308,880
2.83%
2023-05-18
NEW YORK STATE COMMON RETIREMENT FUND
reduced
-8.98
-371,000
1,990,000
-%
2023-05-18
JPMORGAN CHASE & CO
added
7.53
-20,000
4,737,000
-%
2023-05-17
Thrivent Financial for Lutherans
unchanged
-
-223,000
2,796,000
0.01%
2023-05-17
Advisory Services Network, LLC
reduced
-41.47
-45,804
54,205
-%
2023-05-17
VIRGINIA RETIREMENT SYSTEMS ET AL
added
29.39
452,768
2,120,600
0.02%

1–10 of 41

Latest Funds Activity

Are funds buying VIRT calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own VIRT
No. of Funds

Virtu Financial News

Business Wire
VIRTU ALERT: Bragar Eagel & Squire, P.C. is Investigating Virtu ....
Business Wire,
7 hours ago
GuruFocus.com
SHAREHOLDER ALERT: Pomerantz L.
GuruFocus.com,
10 hours ago
PR Newswire
GuruFocus.com
VIRT LAWSUIT ALERT: Levi & Kor.
GuruFocus.com,
14 hours ago
Valdosta Daily Times
Digital Journal
Stockhouse Publishing

Schedule 13G FIlings of Virtu Financial

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
May 10, 2023
vanguard group inc
10.06%
9,597,969
SC 13G/A
Feb 10, 2023
temasek holdings (private) ltd
3.6%
3,580,659
SC 13G/A
Feb 09, 2023
william blair investment management, llc
8.2%
8,203,044
SC 13G/A
Feb 09, 2023
vanguard group inc
9.48%
9,465,023
SC 13G/A
Mar 11, 2022
gic private ltd
4.14%
4,389,427
SC 13G/A
Mar 09, 2022
vanguard group inc
10.39%
11,304,070
SC 13G/A
Feb 14, 2022
temasek holdings (private) ltd
5.7%
6,380,503
SC 13G/A
Feb 09, 2022
fmr llc
-
0
SC 13G/A
Feb 08, 2022
gic private ltd
8.06%
8,731,144
SC 13G/A
Dec 20, 2021
viola vincent j
38.4%
68,742,107
SC 13D/A

VIRT Fair Value

Show Fair-Value

Recent SEC filings of Virtu Financial

View All Filings
Date Filed Form Type Document
May 10, 2023
SC 13G/A
Major Ownership Report
May 04, 2023
4
Insider Trading
May 02, 2023
4
Insider Trading
May 01, 2023
ARS
ARS
May 01, 2023
144
Notice of Insider Sale Intent
Apr 28, 2023
10-Q
Quarterly Report
Apr 27, 2023
DEFA14A
DEFA14A
Apr 27, 2023
DEF 14A
DEF 14A
Apr 21, 2023
8-K
Current Report
Apr 20, 2023
8-K
Current Report

Latest Insider Trading transactions for VIRT

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-05-04
Cifu Douglas A
bought
842,425
16.8485
50,000
chief executive officer
2023-05-01
Fairclough Brett
sold
-969,625
19.3925
-50,000
co-president & co-coo
2023-02-03
Fairclough Brett
acquired
-
-
23,177
co-president & co-coo
2023-02-03
Fairclough Brett
acquired
-
-
8,130
co-president & co-coo
2023-02-03
Galvin Sean
acquired
-
-
17,341
cfo
2023-02-03
Cavoli Stephen
acquired
-
-
23,177
evp
2023-02-03
Galvin Sean
sold (taxes)
-
-
-8,629
cfo
2023-02-03
Cavoli Stephen
sold (taxes)
-
-
-15,983
evp
2023-02-03
Fairclough Brett
sold (taxes)
-
-
-12,321
co-president & co-coo
2023-02-03
Cavoli Stephen
acquired
-
-
8,130
evp

1–10 of 50

Douglas A. Cifu
970
Virtu Financial, Inc., a financial services company, provides data, analytics, and connectivity products to clients worldwide. The company operates in two segments, Market Making and Execution Services. 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, cryptocurrencies, and other commodities. Its analytics platform provides a range of pre- and post-trade services, data products, and compliance tools for clients to invest, trade, and manage risk across markets. Virtu Financial, Inc. was founded in 2008 and is headquartered in New York, New York.

VIRT Income Statement

2023-03-31
Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Revenues:  
Trading income, net$ 412,511$ 522,307
Interest and dividends income$ 82,244$ 21,011
Revenue from contract with customer, product and service [Extensible Enumeration]Commissions, Net and Technology Services [Member]Commissions, Net and Technology Services [Member]
Commissions, net and technology services$ 121,444$ 154,655
Other, net4,1813,289
Total revenue620,380701,262
Operating Expenses:  
Brokerage, exchange, clearance fees and payments for order flow, net145,523150,380
Communication and data processing56,81255,835
Employee compensation and payroll taxes103,437103,480
Interest and dividends expense97,60142,538
Operations and administrative24,29925,215
Depreciation and amortization15,34817,477
Amortization of purchased intangibles and acquired capitalized software16,02016,480
Termination of office leases96707
Debt issue cost related to debt refinancing, prepayment and commitment fees2,17625,684
Transaction advisory fees and expenses15422
Financing interest expense on long-term borrowings24,28821,333
Total operating expenses485,615459,551
Income before income taxes and noncontrolling interest134,765241,711
Provision for income taxes24,68241,786
Net income110,083199,925
Noncontrolling interest(52,202)(87,668)
Net income available for common stockholders$ 57,881$ 112,257
Earnings per share  
Basic (in dollars per share)$ 0.56$ 0.99
Diluted (in dollars per share)$ 0.56$ 0.98
Weighted average common shares outstanding  
Basic (in shares)97,795,957109,329,468
Diluted (in shares)97,813,691110,066,641
Net Income$ 110,083$ 199,925
Other comprehensive income  
Foreign exchange translation adjustment, net of taxes1,648(5,168)
Net change in unrealized cash flow hedges gain (loss), net of taxes(13,168)47,873
Comprehensive income98,563242,630
Less: Comprehensive income attributable to noncontrolling interest(47,535)(104,159)
Comprehensive income attributable to common stockholders$ 51,028$ 138,471