Key Details
Price
$39.30Last Dividend
$0.24Annual ROE
19.11%Beta
0.25Events Calendar
Next earnings date:
Apr 24, 2025Recent quarterly earnings:
Jan 29, 2025Recent annual earnings:
Jan 29, 2025Next ex-dividend date:
Feb 28, 2025Recent ex-dividend date:
Nov 29, 2024Next split:
N/ARecent split:
N/AAnalyst ratings
Recent major analysts updates
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All-time highs for this HFT firm have come with increased earnings as well.
Virtu Financial, Inc. (NASDAQ:VIRT ) Q4 2024 Earnings Conference Call January 29, 2025 8:30 AM ET Company Participants Doug Cifu - CEO Cindy Lee - CFO Joseph Molluso - Co President & Co-COO Andrew Smith - IR Conference Call Participants Patrick Moley - Piper Sandler Chris Allen - Citi Ken Worthington - J.P. Morgan Alex Blostein - Goldman Sachs Dan Fannon - Jefferies Craig Siegenthaler - Bank of America Michael Cyprys - Morgan Stanley Operator Good day, and thank you for standing by.
VIRT's fourth-quarter results benefit from higher commissions and net trading income, partially offset by higher expenses.
Virtu Financial (VIRT) came out with quarterly earnings of $1.14 per share, beating the Zacks Consensus Estimate of $0.86 per share. This compares to earnings of $0.27 per share a year ago.
NEW YORK, Jan. 29, 2025 (GLOBE NEWSWIRE) -- Virtu Financial, Inc. (NASDAQ: VIRT), a leading provider of financial services and products that leverages cutting edge technology to deliver innovative, transparent trading solutions to its clients and liquidity to the global markets, today reported results for the fourth quarter ended December 31, 2024.
Does Virtu Financial (VIRT) have what it takes to be a top stock pick for momentum investors? Let's find out.
Virtu Financial stock price is nearing its all-time high as hopes of friendly regulations in the United States continues. VIRT was trading at $37.25, a few points below the all-time high of $38.25 ahead of the upcoming earnings.
Virtu Financial benefits from the booming ETF and crypto markets, showing strong growth with a modest valuation and solid earnings performance. VIRT's Q3 results beat expectations, with $0.82 EPS and $388 million revenue, and the company maintains strong EBITDA margins and a robust buyback program. Analysts forecast modest EPS and revenue growth, with a potential stock price target of $41, making VIRT shares undervalued.
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Virtu Financial (VIRT) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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