Bank of America Securities Sticks to Their Buy Rating for Virtu Financial (VIRT)
TipRanks (Fri, 31-Jan 8:58 AM ET)
TipRanks (Fri, 31-Jan 2:51 AM ET)
Virtu Financial’s Earnings Call Highlights Growth and Resilience
TipRanks (Thu, 30-Jan 7:10 PM ET)
TipRanks (Thu, 30-Jan 7:11 AM ET)
Virtu Financial Reports Impressive 2024 Earnings
TipRanks (Wed, 29-Jan 10:58 PM ET)
Virtu Financial Q4 earnings, climb as market-making trading income surges
Seeking Alpha News (Wed, 29-Jan 11:33 AM ET)
Virtu Financial declares $0.24 dividend
Seeking Alpha News (Wed, 29-Jan 8:56 AM ET)
Virtu Financial Non-GAAP EPS of $1.14 beats by $0.25, revenue of $834.3M beats by $428.28M
Seeking Alpha News (Wed, 29-Jan 7:08 AM ET)
Virtu Announces Fourth Quarter 2024 Results
Globe Newswire (Wed, 29-Jan 7:00 AM ET)
Here's the major earnings before the open tomorrow
Seeking Alpha News (Tue, 28-Jan 6:00 PM ET)
Virtu Financial Inc is a technology-enabled market maker and liquidity provider to the financial markets. The company's operating segment includes Market Making; and Execution Services. The non-operating segment of the company includes the Corporate segment. The company generates maximum revenue from the market-making segment. The Market Making segment principally consists of market-making in the cash, futures, and options markets across equities, options, fixed income, currencies, and commodities. Geographically, it derives a majority of its revenue from the United States and also has a presence in Ireland and Other Countries.
Virtu Finl trades on the NASDAQ stock market under the symbol VIRT.
As of January 31, 2025, VIRT stock price climbed to $40.04 with 574,323 million shares trading.
VIRT has a beta of 0.35, meaning it tends to be less sensitive to market movements. VIRT has a correlation of 0.01 to the broad based SPY ETF.
VIRT has a market cap of $3.44 billion. This is considered a Mid Cap stock.
Last quarter Virtu Finl reported $458 million in Revenue and $1.14 earnings per share. This beat revenue expectation by $52 million and exceeded earnings estimates by $.25.
In the last 3 years, VIRT traded as high as $40.79 and as low as $16.02.
The top ETF exchange traded funds that VIRT belongs to (by Net Assets): IJR, VTI, VB, VBR, VXF.
VIRT has outperformed the market in the last year with a price return of +138.6% while the SPY ETF gained +24.1%. VIRT has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +29.0% and +8.4%, respectively, while the SPY returned +4.2% and +1.8%, respectively.
VIRT support price is $38.76 and resistance is $40.58 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that VIRT shares will trade within this expected range on the day.