VIRT - Virtu Financial, Inc.
| Previous Close | 20.43 |
| Open | 20.60 |
| Bid | 0.00 x 1800 |
| Ask | 0.00 x 1100 |
| Day's Range | 19.78 - 20.64 |
| 52 Week Range | 17.61 - 29.17 |
| Volume | 861,600 |
| Avg. Volume | 1,004,433 |
| Market Cap | 3.841B |
| Beta (3Y Monthly) | -0.83 |
| PE Ratio (TTM) | 43.61 |
| EPS (TTM) | 0.46 |
| Earnings Date | Nov 5, 2019 - Nov 11, 2019 |
| Forward Dividend & Yield | 0.96 (4.70%) |
| Ex-Dividend Date | 2019-08-30 |
| 1y Target Est | 22.60 |
- Thomson Reuters StreetEvents
Edited Transcript of VIRT earnings conference call or presentation 8-Aug-19 11:30am GMT
Q2 2019 Virtu Financial Inc Earnings Call
- GlobeNewswire
Virtu Financial, Inc. Commences Marketing of Senior Secured First Lien Term Loan to Redeem Senior Secured Second Notes Due 2022
Virtu Financial, Inc. (VIRT) (the “Company”) a leading provider of financial services and products that leverages cutting edge technology to deliver liquidity to the global markets and provide execution services and data, analytics and connectivity products, today announced that its subsidiaries commenced marketing of a $525.0 million senior secured first lien term loan (the “Term Loan”) due in 2026. The proceeds of the Term Loan will be used to redeem the senior secured second lien notes due 2022 (the “Existing Notes”) of VFH Parent LLC and Orchestra Co-Issuer, Inc. (together, the “Issuers”).
- Zacks
Why Virtu Financial (VIRT) Could Be Positioned for a Slump
Virtu Financial (VIRT) has witnessed a significant price decline in the past four weeks, and is seeing negative earnings estimate revisions as well.
- GuruFocus.com
Virtu Financial Inc (VIRT) CEO Douglas A Cifu Bought $185,800 of Shares
CEO of Virtu Financial Inc (30-Year Financial, Insider Trades) Douglas A Cifu (insider trades) bought 10,000 shares of VIRT on 09/04/2019 at an average price of $18.58 a share. Continue reading...
- MarketWatch
Virtu names Brett Fairclough COO, says Alex Ioffe will be CFO
Virtu Financial Inc. said Wednesday it has appointed Brett Fairclough to the role of chief operating officer and global head of business development. Fairclough has worked at the company since 2007 and led Asia Pacific operations for he last five years. The financial services company said Alex Ioffe will be joining the company as chief financial officer, replacing Joseph Molluso, who is leaving the company. Ioffe was most recently chief financial officer of the U.S. broker-dealer subsidiary of Interactive Brokers Group, Inc. He has also done stints at Datek and Bertelsman, as well as an IT consultant at Accenture. The company said Marc Rosenthal is joining the executive team as executive vice president of strategy and corporate development after a more than 22-year career at Morgan Stanley. Hyungtaek Kim has been promoted to chief accounting officer. Kim has worked at the company since 2011. Shares were not yet active premarket, but have fallen 27% in 2019, while the S&P 500 has gained 16%.
- GlobeNewswire
Virtu Announces Expansion of Executive Team and CFO Transition
Virtu Financial, Inc. (VIRT), a leading provider of financial services and products that leverages cutting edge technology to deliver liquidity to the global markets and provide execution services and data, analytics and connectivity products, today announced new executive hires and changes to its leadership team. “These appointments and new hires are a testament both to Virtu’s deep bench of internal talent and our ability to retain and attract industry leaders,” said Virtu’s Chief Executive Officer, Douglas A. Cifu.
- Simply Wall St.
Investors Who Bought Virtu Financial (NASDAQ:VIRT) Shares Three Years Ago Are Now Up 16%
It hasn't been the best quarter for Virtu Financial, Inc. (NASDAQ:VIRT) shareholders, since the share price has fallen...
- Zacks
GL vs. VIRT: Which Stock Is the Better Value Option?
GL vs. VIRT: Which Stock Is the Better Value Option?
Motley FoolVirtu Financial Inc (VIRT) Q2 2019 Earnings Call Transcript
VIRT earnings call for the period ending June 30, 2019.
- Motley Fool
Why Virtu Financial Stock Plunged Today
Calmer markets weighed on the trading firm's profits.
- Barrons.com
Trump Should ‘Keep Tweeting,’ Wall Street Trading Boss Says
High-frequency trader says market selloff sparked by presidential tweet led to a recovery in its fortunes
- Zacks
Virtu Financial (VIRT) Q2 Earnings and Revenues Lag Estimates
Virtu Financial (VIRT) delivered earnings and revenue surprises of -42.86% and -6.85%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
- GlobeNewswire
Virtu Announces Second Quarter 2019 Results
NEW YORK, Aug. 08, 2019 -- Virtu Financial, Inc. (NASDAQ: VIRT), a leading provider of financial services and products that leverages cutting edge technology to deliver.
- Reuters
Exchange fee fight moves from NYSE floor to data centre rooftop
The fight between brokers and exchanges around fees and access to trading information has moved from stock exchange floors to data centre rooftops. A move by the New York Stock Exchange to install microwave equipment on the roof of its data centre to speed up data transmissions is "anti-competitive" and could result in higher trading costs, trading firm Virtu Financial said in a letter to the U.S. Securities and Exchange Commission. Virtu opposed the NYSE's plan because it would allow only one wireless provider - chosen by the exchange - to locate an antenna on the rooftop of the exchange operator's Mahwah, New Jersey, data centre, due to "resource and engineering constraints," according to the letter, which was posted to the SEC's website on July 25.
- Reuters
Exchange fee fight moves from NYSE floor to data center rooftop
The fight between brokers and exchanges around fees and access to trading information has moved from stock exchange floors to data center rooftops. A move by the New York Stock Exchange to install microwave equipment on the roof of its data center to speed up data transmissions is "anti-competitive" and could result in higher trading costs, trading firm Virtu Financial said in a letter to the U.S. Securities and Exchange Commission. Virtu opposed the NYSE's plan because it would allow only one wireless provider - chosen by the exchange - to locate an antenna on the rooftop of the exchange operator's Mahwah, New Jersey, data center, due to "resource and engineering constraints," according to the letter, which was posted to the SEC's website on July 25.
- Zacks
Earnings Preview: Virtu Financial (VIRT) Q2 Earnings Expected to Decline
Virtu Financial (VIRT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- Zacks
IX vs. VIRT: Which Stock Is the Better Value Option?
IX vs. VIRT: Which Stock Is the Better Value Option?
- GlobeNewswire
Virtu Financial to Host Conference Call Announcing 2019 Second Quarter Results on Thursday, August 8, 2019
NEW YORK, July 24, 2019 -- Virtu Financial, Inc. (Nasdaq:VIRT), a leading provider of financial services and products that leverages cutting edge technology to deliver.
- Zacks
Virtu Financial (VIRT) to Report Q2 Results: What to Know Ahead of the Release
Virtu Financial (VIRT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- Simply Wall St.
Is Virtu Financial, Inc. (NASDAQ:VIRT) Overpaying Its CEO?
Doug Cifu has been the CEO of Virtu Financial, Inc. (NASDAQ:VIRT) since 2013. First, this article will compare CEO...
- Zacks
SYF or VIRT: Which Is the Better Value Stock Right Now?
SYF vs. VIRT: Which Stock Is the Better Value Option?
- GlobeNewswire
Virtu Financial, Inc. Announces Proposed Senior First Lien Notes Offering
Virtu Financial, Inc. (VIRT) (the “Company” or “Virtu”) today announced that its subsidiaries, VFH Parent LLC and Orchestra Co-Issuer, Inc. (together, the “Issuers”), intend to offer $525.0 million (the “Offering”) aggregate principal amount of senior secured first lien notes due 2026 (the “Notes”). The Notes, together with cash on hand, will be used to redeem the Issuers’ senior secured second lien notes due 2022 (the “Existing Notes”). The Issuers also delivered a Conditional Notice of Redemption to holders of their outstanding Existing Notes, which provides for the redemption (the “Redemption”) by the Issuers of all outstanding Existing Notes on July 26, 2019, subject to, among other things, the Issuers or their affiliates consummating a debt financing transaction in an amount of at least $525.0 million (the “Debt Financing”) and the Issuers having received funds in connection with the Debt Financing, together with cash on hand, sufficient to repurchase the Existing Notes.
