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Virtu Financial Inc Stock Research

VIRT

17.16USD-0.31(-1.77%)Delayed
Watchlist

Market Summary

USD17.16-0.31
Delayed
-1.77%

VIRT Alerts

  • 2 major insider buys recently.
  • Big fall in Revenue (Y/Y)
  • Big fall in earnings (Y/Y)

VIRT Stock Price

VIRT RSI Chart

VIRT Valuation

Market Cap

1.6B

Price/Earnings (Trailing)

8.38

Price/Sales (Trailing)

0.75

EV/EBITDA

6.62

Price/Free Cashflow

2.77

VIRT Price/Sales (Trailing)

VIRT Profitability

EBT Margin

19.70%

Return on Equity

21.02%

Return on Assets

2.31%

Free Cashflow Yield

36.08%

VIRT Fundamentals

VIRT Revenue

Revenue (TTM)

2.2B

Revenue Y/Y

-16.19%

Revenue Q/Q

-18.3%

VIRT Earnings

Earnings (TTM)

194.4M

Earnings Y/Y

-80.39%

Earnings Q/Q

-84.83%

Price Action

52 Week Range

16.2623.38
(Low)(High)

Last 7 days

0.2%

Last 30 days

-8.7%

Last 90 days

-3.3%

Trailing 12 Months

-26.2%

VIRT Financial Health

Debt/Equity

1.36

Debt/Cashflow

0.46

VIRT Investor Care

Dividend Yield

5.59%

Dividend/Share (TTM)

0.96

Buy Backs (1Y)

9.52%

Diluted EPS (TTM)

1.37

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for VIRT

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-09-13
Cifu Douglas A
bought
853,150
17.063
50,000
chief executive officer
2023-09-13
Molluso Joseph
bought
257,481
17.1654
15,000
co-president & co-coo
2023-08-16
Virtu Employee Holdco LLC
back to issuer
-
-
-209,090
-
2023-08-12
Galvin Sean
sold (taxes)
-
-
-1,763
cfo
2023-08-12
Galvin Sean
acquired
-
-
4,412
cfo
2023-07-28
Virtu Employee Holdco LLC
back to issuer
-
-
-39,443
-
2023-07-01
Cruger William Frank Jr.
acquired
-
-
6,365
-
2023-07-01
Urban David
acquired
-
-
6,365
-
2023-07-01
GRANO JOSEPH J JR
acquired
-
-
6,365
-
2023-07-01
Minieri Joanne
acquired
-
-
6,365
-

1–10 of 50

Which funds bought or sold VIRT recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-21
Baystate Wealth Management LLC
added
0.87
-363
3,965
-%
2023-09-20
BARCLAYS PLC
reduced
-29.73
-1,957,000
3,417,000
-%
2023-09-12
Farther Finance Advisors, LLC
new
-
24,644
24,644
-%
2023-08-24
Alberta Investment Management Corp
reduced
-60.36
-4,202,740
2,347,600
0.02%
2023-08-23
WOLVERINE TRADING, LLC
added
21.29
188,394
1,854,390
-%
2023-08-22
COMERICA BANK
new
-
45,000
45,000
-%
2023-08-22
VIRGINIA RETIREMENT SYSTEMS ET AL
added
18.22
138,781
2,151,630
0.02%
2023-08-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
added
1.79
-165,225
1,910,710
-%
2023-08-21
OSAIC HOLDINGS, INC.
added
4.1
-42,371
680,777
-%
2023-08-21
BOKF, NA
added
4.44
-29,601
502,548
0.01%

1–10 of 45

Latest Funds Activity

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

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

Recent SEC filings of Virtu Financial

View All Filings
Date Filed Form Type Document
Sep 13, 2023
8-K
Current Report
Sep 13, 2023
4
Insider Trading
Sep 13, 2023
4
Insider Trading
Aug 18, 2023
4
Insider Trading
Aug 14, 2023
4
Insider Trading
Jul 28, 2023
10-Q
Quarterly Report
Jul 26, 2023
8-K
Current Report
Jul 03, 2023
4
Insider Trading
Jul 03, 2023
4
Insider Trading
Jul 03, 2023
4
Insider Trading

Peers (Alternatives to Virtu Financial)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
108.5B
50.2B
1.72% 6.23%
12.26
2.16
62.27% -45.33%
100.4B
20.8B
-4.95% -22.80%
14.58
4.83
9.06% 9.27%
98.6B
17.4B
-2.75% 11.48%
19.01
5.68
-10.46% -11.12%
21.1B
12.5B
-1.47% -3.99%
12.1
1.69
13.06% 16.34%
8.1B
733.0M
-13.76% -4.96%
32.29
11.1
5.41% 4.21%
MID-CAP
9.1B
4.8B
-4.44% 33.18%
3.77
1.9
226.24% 90.31%
8.0B
1.9B
-2.13% 16.27%
19.93
4.22
-8.00% -31.66%
6.8B
4.8B
-0.30% 11.07%
10.96
1.4
2.69% -21.37%
2.0B
60.6B
0.10% 16.37%
8.27
0.03
-1.46% 48.12%
SMALL-CAP
2.2B
1.3B
4.78% 31.22%
24.14
1.65
-26.95% -56.14%
1.6B
2.2B
-8.72% -26.16%
8.38
0.75
-14.47% -57.71%
1.1B
1.5B
0.39% 32.10%
14.3
0.71
-27.22% -74.14%
801.8M
23.7M
-0.73% 0.83%
43.84
33.9
51.04% 152.07%
411.5M
1.2B
-1.11% 16.45%
12.8
0.33
4.38% -66.00%
278.1M
298.1M
0.41% 131.99%
18.26
0.93
3.91% -16.38%

Virtu Financial News

MarketBeat
Virtu Financial, Inc. (NASDAQ:VIRT) Receives Consensus Rating of ....
MarketBeat,
2 days ago
Nasdaq
The Wall Street Journal

Returns for VIRT

Cumulative Returns on VIRT

4.5%


7-Year Cumulative Returns

-2.1%


5-Year Cumulative Returns

-11.7%


3-Year Cumulative Returns

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

54.6%


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

28.1%


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

Financials for Virtu Financial

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue-4.3%2,1862,2842,3652,5732,5562,5002,8112,7832,8943,2513,2392,9622,6882,1581,5171,5611,4741,4271,8791,9031,879
Operating Expenses2.2%1,8751,8341,8081,8291,7681,7511,8151,7531,7571,8451,8561,8661,8511,7911,6331,5011,3781,2151,1821,2251,277
  S&GA Expenses14.0%97.0085.0086.0076.0080.0088.0088.0087.0093.0093.0095.0010110211110492.0084.0069.0067.0080.0087.00
EBITDA-100.0%-5456498318718591,105--1,5201,5021,22698152338.00200219319800789720
EBITDA Margin-100.0%-0.24*0.27*0.32*0.34*0.34*0.39*--0.47*0.46*0.41*0.36*0.24*0.02*0.13*0.15*0.22*0.43*0.41*0.38*
Interest Expenses2.9%98.0095.0092.0087.0084.0082.0080.0080.0080.0082.0088.0098.0011212512210891.0076.0072.0080.0086.00
Earnings Before Taxes-30.7%3124505577447887499971,0291,1371,4061,3831,096838366-11560.0095.00212696678602
EBT Margin-100.0%-0.20*0.24*0.29*0.31*0.30*0.35*0.37*0.39*0.43*0.43*0.37*0.31*0.17*-0.08*0.04*0.06*0.15*0.37*0.36*0.32*
Net Income-26.0%194263265429460483477701747974649823701311-58.597.0020.00122289476454
Net Income Margin-100.0%-0.12*0.11*0.19*0.15*0.14*0.17*0.17*0.18*0.21*0.20*0.17*0.15*0.08*-0.04*0.03*0.04*0.08*0.15*0.12*0.11*
Free Cashflow-100.0%-7836801,0618487521,1479288961,3921,0329851,02514515930.005.00359688365493
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets12.9%13,39011,86110,58310,97211,41612,51910,32010,42910,34110,8919,9669,44310,28910,9879,6099,1879,0819,0777,3817,2397,171
    Cash Equivalents-9.1%6997699828368506131,1217549151,0221,007666748805773395498788736416660
  Net PPE----------------117118155113118129
  Goodwill0.0%1,1491,1491,1491,1491,1491,1491,1491,1491,1491,1491,1491,1491,1491,1491,1491,195360357837837837
Liabilities15.8%11,83710,2268,9329,2999,67510,8208,4568,6298,4198,8478,1117,6368,5889,4598,3807,8907,7307,6405,8865,8545,730
  Short Term Borrowings----------------95.0014716015.0015.0044.00
  Long Term Debt0.0%1,7781,7791,7961,7921,7921,7941,6051,6041,6031,6361,6391,6371,7331,9161,9181,9341,9321,9789079041,016
Shareholder's Equity-22.0%1,2751,6351,3421,3481,7401,6991,8641,8011,9232,0441,8551,8071,7011,5291,2291,2971,3521,4371,4951,3851,442
  Retained Earnings-0.7%98098897297095689783169164961642234426091.00-90.37-40.12-5.9555.0097.0050.0090.00
  Additional Paid-In Capital0.9%1,3351,3231,2931,2661,2571,2471,2231,2091,2021,1911,1611,1431,1291,1131,0771,0701,0581,0421,0101,002995
Accumulated Depreciation--------------467457441482523324325246
Shares Outstanding-2.9%95.0098.00-102105109-116120122-123122120-118113107-107100
Minority Interest-15.9%277330310325342320314315345405386410407417298328357397443387411
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations-23.5%6238147071,0888747831,1729529171,4131,0619991,04516016955.0027.00386715388518
  Share Based Compensation-4.1%66.0069.0067.0068.0063.0057.0056.0061.0048.0050.0060.0054.0071.0072.0072.0065.0054.0045.0032.0038.0034.00
Cashflow From Investing-192.8%-88.67-30.28-29.53-32.89-40.61-96.74-87.35-71.44-8.60-8.19-2.56-13.38-71.95-71.67-899-917-908-907329352-448
Cashflow From Financing-12.9%-643-569-735-874-864-1,081-957-792-756-1,210-839-726-719-63.07770853724684-835-880-694
  Dividend Payments-----------12011911711611211010710410096.0092.00
  Buy Backs-10.9%0.000.008.0010.0010.0012.003.002.001.00--0.000.000.000.00-49.91-42.78-42.128.0017.0010.00

VIRT Income Statement

2023-06-30
Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenues:    
Trading income, net$ 306,168$ 395,928$ 718,679$ 918,235
Interest and dividends income97,97930,792$ 180,223$ 51,804
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 services109,504136,340$ 230,948$ 290,995
Other, net(6,797)41,678(2,617)44,966
Total revenue506,854604,7381,127,2331,306,000
Operating Expenses:    
Brokerage, exchange, clearance fees and payments for order flow, net122,471156,986267,993307,366
Communication and data processing56,95955,699113,771111,534
Employee compensation and payroll taxes95,55798,604198,994202,084
Interest and dividends expense112,49348,716210,09491,254
Operations and administrative25,49113,57749,79038,792
Depreciation and amortization15,91316,33431,26133,812
Amortization of purchased intangibles and acquired capitalized software16,02016,27732,04032,757
Termination of office leases(146)677(50)1,384
Debt issue cost related to debt refinancing, prepayment and commitment fees1,7711,4373,94827,121
Transaction advisory fees and expenses855823980
Financing interest expense on long-term borrowings24,85022,08949,13843,422
Total operating expenses471,387430,954957,002890,506
Income before income taxes and noncontrolling interest35,467173,784170,231415,494
Provision for income taxes5,92324,88830,60566,674
Net income29,544148,896139,626348,820
Noncontrolling interest(12,842)(63,729)(65,044)(151,397)
Net income available for common stockholders$ 16,702$ 85,167$ 74,582$ 197,423
Earnings per share    
Basic (in dollars per share)$ 0.16$ 0.78$ 0.73$ 1.78
Diluted (in dollars per share)$ 0.16$ 0.78$ 0.73$ 1.77
Weighted average common shares outstanding    
Basic (in shares)94,973,489104,960,82696,376,926107,133,079
Diluted (in shares)94,973,489105,478,27896,376,926107,759,784
Net Income$ 29,544$ 148,896$ 139,626$ 348,820
Other comprehensive income    
Foreign exchange translation adjustment, net of taxes2,527(19,810)4,175(24,978)
Net change in unrealized cash flow hedges gain (loss), net of taxes8,20214,062(4,966)61,935
Comprehensive income40,273143,148138,835385,777
Less: Comprehensive income attributable to noncontrolling interest(17,189)(60,173)(64,724)(164,332)
Comprehensive income attributable to common stockholders$ 23,084$ 82,975$ 74,111$ 221,445
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.