Profile
Sector:
Financial ServicesIndustry:
Capital MarketsCountry:
United StatesIPO:
16 April 2015Website:
http://www.virtu.comNext earnings report:
24 January 2025Last dividends:
30 August 2024Next dividends:
29 November 2024Price
regular market | 0 min agoAnalysts recommendations
Institutional Ownership
VIRT Latest News
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Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Investors interested in Financial - Miscellaneous Services stocks are likely familiar with Virtu Financial (VIRT) and Blackstone Inc. (BX). But which of these two companies is the best option for those looking for undervalued stocks?
Virtu Financial (VIRT) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Virtu Financial remains a top hedge, benefiting from market volatility and volume events, while offering shareholder returns through dividends and buybacks. Despite a negative hit in Q3, Virtu trades significantly below intrinsic value, maintaining a large margin of safety. The business model is low maintenance, with stable profit margins and predictable performance, making it a reliable portfolio addition.
VIRT's third-quarter results benefit from rising commissions, net and technology services. This was partially offset by rising expenses.
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Virtu Financial (VIRT) came out with quarterly earnings of $0.82 per share, beating the Zacks Consensus Estimate of $0.78 per share. This compares to earnings of $0.45 per share a year ago.
VIRT's third-quarter results are likely to reflect the benefits of improved interest and dividends income, along with higher commissions and technology services revenues.
Does Virtu Financial (VIRT) have what it takes to be a top stock pick for momentum investors? Let's find out.
What type of business is Virtu Financial?
Virtu Financial, Inc. is an American financial company that provides access to securities markets (market-making). It has been in operation since 2004. Based on advanced technologies, the company has developed an integrated platform that allows clients to trade on hundreds of platforms in more than 50 countries with various asset classes, including global stocks, ETFs, foreign currency, futures, fixed income securities, and many others. The platform provides analytical information to help clients make decisions when investing, trading, and managing risks. The multi-currency technological platform is characterized by high reliability, scalability, and modularity, and integrates directly with exchanges, liquidity centers, and clients.
What sector is Virtu Financial in?
Virtu Financial is in the Financial Services sector
What industry is Virtu Financial in?
Virtu Financial is in the Capital Markets industry
What country is Virtu Financial from?
Virtu Financial is headquartered in United States
When did Virtu Financial go public?
Virtu Financial initial public offering (IPO) was on 16 April 2015
What is Virtu Financial website?
https://www.virtu.com
Is Virtu Financial in the S&P 500?
No, Virtu Financial is not included in the S&P 500 index
Is Virtu Financial in the NASDAQ 100?
No, Virtu Financial is not included in the NASDAQ 100 index
Is Virtu Financial in the Dow Jones?
No, Virtu Financial is not included in the Dow Jones index
When was Virtu Financial the previous earnings report?
No data
When does Virtu Financial earnings report?
The next expected earnings date for Virtu Financial is 24 January 2025