Virtu Financial

Virtu Financial, Inc. engages in the provision of market making and liquidity services. It operates through the following segments: Market Making, Execution Services and Corporate. The Market Making segment engages in the buying and selling of securities and other financial instruments. The Execution Services segment agency offers trading venues that provide transparent trading in global equities, ETFs, and fixed income to institutions, banks and broker dealers. The Corporate segment consists of investments in strategic financial services-oriented opportunities and maintains corporate overhead expenses and all other income and expenses that are not attributable to the other segments. The company was founded by Vincent J. Viola and Douglas Cifu in 2008 and is headquartered in New York, NY.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Virtu Financial reports Q4 decline but eyes growth in options and crypto markets

Virtu Financial reported a decline in Q4 2022 trading income but remains optimistic about growth prospects in options and crypto markets. The company's focus on financial prudence, cost control, and scalability underpins its performance and outlook for 2023.
Despite challenges in retail flow and FX valuation swings, Virtu Financial is committed to providing value to retail brokers and expanding its market presence. Management's confidence in becoming a designated market maker and exploring new opportunities reflects a strategic vision for future success.
With a strong emphasis on growth initiatives, cost management, and market competitiveness, Virtu Financial is poised to navigate challenges and capitalize on opportunities in evolving financial markets. The company's progress in options and crypto markets signals a strategic shift towards emerging trends.

Virtu Financial excels in Q1 2023, eyes global expansion

Virtu Financial delivered strong financial results in Q1 2023, driven by solid performance in Market Making and growth initiatives. The company's internalization strategy, diverse business model, and long-term focus are key strengths, while challenges include market uncertainties and regulatory changes.
Opportunities lie in expanding the options business, new initiatives like EDX markets, and investments in product offerings. Virtu Financial's resilience, strategic execution, and commitment to growth position it well for future success amidst evolving market conditions.
Despite challenges and uncertainties, Virtu Financial remains focused on capital discipline and sustained growth, emphasizing opportunities in global expansion and innovative product offerings. The firm's performance in various market segments and strong financial metrics underscore its competitive position and strategic vision.

Virtu Financial excels in Q2 earnings, eyes growth opportunities

Virtu Financial delivered strong financial results in Q2 2023, driven by robust trading net income.
The company's strategic focus on organic growth and diversification bodes well for future performance.
While facing challenges in cost management and market dynamics, Virtu Financial remains well-positioned for growth.

Virtu Financial excels in Q3 earnings, eyes growth opportunities

Virtu Financial's Q3 earnings call highlighted robust financial performance, strategic initiatives, and success across business segments. The company faces challenges in expense management and competitive markets but has opportunities for growth through product expansion and market flexibility.

Virtu Financial excels in Q4 performance, eyes crypto opportunities

Virtu Financial's Q4 performance showcased strength in Market Making and Execution Services, with a focus on organic growth and crypto market opportunities.
The company's financial discipline, commitment to shareholders, and strategic initiatives position it well for future growth and value creation.
Challenges lie in addressing analyst queries, optimizing expenses, and capital structure while seizing opportunities in crypto and Market Making segments.
Virtu Financial's ability to navigate challenges, capitalize on opportunities, and deliver shareholder value will be key to its future success and growth.

Virtu Financial excels in Q1, eyes crypto and options growth

Virtu Financial delivers robust Q1 results driven by strong performance in market making operations. While facing challenges from market volatility and regulatory changes, the company remains focused on capital management and growth opportunities in crypto and options markets.

Virtu Financial excels in Q2 2024, eyes growth opportunities

Virtu Financial delivered a robust performance in Q2 2024, driven by strong results in Virtu Execution Services and Market Making business.
While facing challenges in organic growth and capital return strategies, Virtu remains focused on value creation and shareholder returns.
Strategic opportunities in expanding capabilities, entering new markets, and enhancing offerings position Virtu for future growth and success.

Virtu Financial delivered a strong Q3 performance with robust earnings and solid EBITDA margin, driven by expertise in market making, especially in high-growth segments like crypto options.
While facing challenges in certain business segments and regulatory uncertainties, the company remains focused on growth initiatives and cost management to sustain profitability.
Opportunities for expansion into new markets, client segments, and technology solutions position Virtu Financial for future growth and market leadership in key trading areas.
Overall, Virtu Financial's Q3 earnings call highlighted a balanced outlook with a focus on leveraging strengths, addressing challenges, and capitalizing on growth opportunities.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Virtu Financial, Inc. engages in the provision of trading solutions and liquidity services. It operates through the following segments: Market Making, Execution Services and Corporate. The Market Making segment involves the cash, futures, and options markets across global equities, fixed income, currencies, cryptocurrencies, and commodities. The Execution Services segment includes agency-based, execution-only trading, workflow technology, and trading analytics. The Corporate segment consists of investments in financial services-oriented opportunities and maintains corporate overhead expenses and all other income and expenses that are not attributable to the other segments. The company was founded by Vincent J. Viola and Douglas A. Cifu in 2008 and is headquartered in New York, NY.

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.

Virtu Financial (VIRT) Surpasses Q3 Earnings and Revenue Estimates

NEW YORK, Oct. 24, 2024 (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 third quarter ended September 30, 2024.

Virtu Announces Third Quarter 2024 Results

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.

Will Higher Net Trading Income Drive Virtu Financial's Q3 Earnings?

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.

Should Value Investors Buy Virtu Financial (VIRT) Stock?

Does Virtu Financial (VIRT) have what it takes to be a top stock pick for momentum investors? Let's find out.

What Makes Virtu Financial (VIRT) a Strong Momentum Stock: Buy Now?

Finding strong, market-beating stocks with a positive earnings outlook becomes easier with the Focus List, a top feature of the Zacks Premium portfolio service.

Earnings Growth & Price Strength Make Virtu Financial (VIRT) a Stock to Watch

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.

Virtu Financial (VIRT) Earnings Expected to Grow: Should You Buy?

Arch Resources

Buckle

Cal-Maine Foods

Mr. Cooper Group Inc

Gogo

Warrior Met Coal

Meritage Homes

TRI Pointe Group

USANA Health Sciences

David Trainer explains how New Constructs incorporates decades of information buried in companies' financial statement notes, for “better” calculations of returns on invested capital

10 small-cap stocks selected by digging deep for quality

Allstate

Blackstone Group

Fifth Third Bancorp

Hannon Armstrong Sustainable Infrastructure Capital

Hartford Financial Services Group

MetLife

Synchrony Financial

Hanover Insurance Group

Financial stocks play a critical role in the economy and are a key component of any well-rounded portfolio.

The Best Financial Stocks to Buy

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

Here's Why Virtu Financial (VIRT) is a Strong Momentum Stock

Increasing market volatility and a solid Execution Services segment bode well for VIRT's growth in the future.

Here's Why You Should Add Virtu Financial Stock to Your Portfolio

Virtu Financial (VIRT) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why Virtu Financial (VIRT) is Poised to Beat Earnings Estimates Again

Carnival

DraftKings

SkyWest

Turning Point Brands

Fantasy sports is a multi-billion dollar industry, with millions invested, tracking key stats, with the aim of selecting top players for the biggest return. Fantasy football and investing have strong parallels, including the need for a long-term perspective, as well as diversification. Both fantasy football and investing are vulnerable to emotional biases that can influence the management of a team or portfolio. A data-driven approach is one solution.

Pick Top Stocks Like Fantasy Football

NEW YORK, Oct. 03, 2024 (GLOBE NEWSWIRE) -- Virtu Financial, Inc. (Nasdaq:VIRT), a leading provider of global, multi-asset financial services that delivers liquidity and innovative, transparent products across the complete investment cycle to the global markets, will announce its results for the third quarter 2024 on Thursday, October 24, 2024, before the US market open.

Virtu Financial to Host Conference Call Announcing Third Quarter 2024 Results on Thursday, October 24, 2024

Virtu Financial's share price is up 52% YTD, outperforming the S&P 500. Virtu benefits from increased trading volumes and volatility, providing a perfect hedge for unexpected market downturns. Despite flat net income growth, Virtu's aggressive share buybacks and a forward PE of 10.15 make it undervalued by roughly 16%.

Virtu Financial: The Perfect Hedge In Every Environment

NEW YORK, Sept. 26, 2024 (GLOBE NEWSWIRE) -- Virtu Financial, Inc. (Nasdaq:VIRT), a leading provider of global, multi-asset financial services that delivers liquidity and innovative, transparent products across the complete investment cycle to the global markets, is proud to announce that Trish McMenamin, Chief Compliance Officer, and Leah Goldsberry, EMEA Head of Analytics Client Coverage, have both been recognized at Markets Media's European Women in Finance Awards.

Virtu Financial Congratulates Women in Finance Award Recipients Leah Goldsberry and Trish McMenamin

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

Here's Why Virtu Financial (VIRT) is a Strong Value Stock

Virtu Financial (VIRT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Virtu Financial (VIRT) Upgraded to Buy: Here's Why

This integration will help VIRT strengthen its presence in the Japanese market, potentially attracting new clients and expanding its global reach.

Virtu's Triton Valor EMS Connects Directly to Tokyo's CONNEQTOR

Virtu Financial is a fortress of a business that performs well with high operating margins even in unfavorable conditions. The company's performance is closely tied to market volumes and volatility, thriving in both market rallies and crashes. With money market funds at all-time highs, greener pastures await investors. While waiting for market opportunities, Virtu issues a stable dividend and has repurchased close to a third of the company's outstanding shares since 2021.

Virtu Financial: Still A Powerful Hedge You Don't Know About

First Northwest Bancorp

Heritage Insurance Hlds

KKR Real Estate Finance Trust

As of Sept. 6, 2024, four stocks in the financials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

Top 4 Financials Stocks That May Crash This Month

VIRT is expected to benefit from improved trading income and expanding execution services business.

Here's Why You Should Hold Virtu Financial Stock in Your Portfolio

Virtu Financial is a low-beta, high-growth stock with strong capital allocation strategies. The company's business model thrives on market volatility, making it anti-fragile and benefiting from turbulent market conditions. Virtu is currently undervalued, with a low P/E ratio and high-growth expectations, making it an attractive investment opportunity.

Virtu Financial: Anti-Fragile, Uncorrelated And Outperforming

Enterprise Products Partners

Barrick Gold

The odds of a recession hitting are rising. This will likely lead to a market downturn and potentially some dividend cuts. I share three picks that are likely to outperform and even potentially benefit if a recession were to hit.

If I Could Only Buy 3 Stocks For The Next Recession

Virtu Financial (VIRT) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

News for Virtu Financial Stock (VIRT)