|Bid||21.98 x 1400|
|Ask||21.99 x 1800|
|Day's Range||21.83 - 22.22|
|52 Week Range||19.65 - 29.17|
|Beta (3Y Monthly)||-0.95|
|PE Ratio (TTM)||22.28|
|Earnings Date||Jul 25, 2019 - Jul 29, 2019|
|Forward Dividend & Yield||0.96 (4.40%)|
|1y Target Est||27.11|
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.
The US’s Options Clearing Corp is putting the finishing touches on a long-awaited new plan to boost its capital, risking unhappiness among customers and shareholders as it tries to shore up its balance sheet. The Chicago clearer expects to file a revised plan to the Securities and Exchange Commission, the US markets watchdog, by the end of the month, according to John Davidson, chief executive of the OCC. Key parts of the plan include cutting the annual dividend to shareholders and increasing daily fees for users.
Doug Cifu has been the CEO of Virtu Financial, Inc. (NASDAQ:VIRT) since 2013. First, this article will compare CEO...
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.
Hedge funds are known to underperform the bull markets but that's not because they are terrible at stock picking. Hedge funds underperform because their net exposure in only 40-70% and they charge exorbitant fees. No one knows what the future holds and how market participants will react to the bountiful news that floods in each […]
Matthew Cheslock, a trader at Virtu Financial, breaks down what he's thinking about the Federal Reserve's decision to leave interest rates unchanged.
Virtu Financial Inc NASDAQ/NGS:VIRTView full report here! Summary * Bearish sentiment is low and declining * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | PositiveShort interest is low for VIRT with fewer than 5% of shares on loan. Additionally, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on June 14. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold VIRT had net inflows of $1.84 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). We'll show how you can use...
NEW YORK, June 04, 2019 -- Virtu Financial, Inc. (Nasdaq:VIRT), a leading provider of financial services and products that leverages cutting edge technology to deliver.
Despite Healthy Stock Performance, Spotlight Remains on Poor Governance and Lavish Spending by CEO By John Jannarone Argo Group International Holdings looks set for a showdown next week with activist investor Voce Capital Management. The risk: Argo may be overly focused on winning a small battle at the expense of defeat in a bigger […]
Virtu Financial, Inc. (“Virtu”) (VIRT), a technology enabled global market maker and provider of innovative, transparent trading solutions and integrated workflow products, announced today the pricing of the previously announced underwritten secondary offering of its Class A common stock. The size of the secondary offering was increased from 7,000,000 shares to 9,000,000 shares of Virtu’s Class A common stock. The offering includes 9,000,000 shares of Class A common stock sold by Virtu, the net proceeds of which will be used to purchase an equivalent number of common interest units in Virtu Financial LLC and corresponding shares of Class D common stock from TJMT Holdings LLC (“TJMT”), an affiliate of Mr. Vincent Viola, our Founder and Chairman Emeritus.
Virtu Financial, Inc. (“Virtu”) (VIRT), a technology enabled global market maker and provider of innovative, transparent trading solutions and integrated workflow products, announced today the commencement of an underwritten secondary offering of 7,000,000 shares of its Class A common stock. The offering includes 7,000,000 shares of Class A common stock offered by Virtu, the net proceeds of which will be used to purchase an equivalent number of common units in Virtu Financial LLC and corresponding shares of Class D common stock from TJMT Holdings LLC, an affiliate of Mr. Vincent Viola, our Founder and Chairman Emeritus. Morgan Stanley and Sandler O’Neill + Partners, L.P. are acting as the joint book-running managers and underwriters for the offering, and may offer the shares of Class A common stock purchased by them from time to time in one or more transactions on The NASDAQ Stock Market LLC, in the over-the-counter market or through negotiated transactions at market prices or negotiated prices.
Virtu Financial (VIRT) delivered earnings and revenue surprises of -15.00% and -10.51%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?
The New York-based company said it had a loss of 6 cents per share. Earnings, adjusted for non-recurring costs, came to 34 cents per share. The high-speed trading company posted revenue of $363 million ...