Press coverage about Virtu Financial (NASDAQ:VIRT) has been trending positive recently, according to AlphaOne Sentiment. AlphaOne, a service of Accern, identifies negative and positive news coverage by monitoring more than 20 million blog and news sources. AlphaOne ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Virtu Financial earned a news sentiment score of 0.27 on AlphaOne’s scale. AlphaOne also assigned headlines about the financial services provider an impact score of 0 out of 100, indicating that recent news coverage is extremely unlikely to have an effect on the company’s share price in the near term.
Here are some of the news headlines that may have impacted AlphaOne Sentiment’s analysis:
Virtu Financial (VIRT) traded up 0.59% during mid-day trading on Thursday, reaching $17.05. The company’s stock had a trading volume of 465,795 shares. The stock has a market cap of $693.37 million, a P/E ratio of 25.45 and a beta of 0.43. Virtu Financial has a one year low of $12.35 and a one year high of $19.07. The firm’s 50 day moving average is $15.84 and its 200-day moving average is $16.32.
Virtu Financial (NASDAQ:VIRT) last announced its earnings results on Thursday, May 4th. The financial services provider reported $0.16 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.16. The business had revenue of $79.40 million for the quarter, compared to analyst estimates of $82.20 million. Virtu Financial had a net margin of 4.94% and a return on equity of 19.37%. The company’s revenue for the quarter was down 32.3% compared to the same quarter last year. During the same quarter last year, the business earned $0.31 earnings per share. Equities analysts expect that Virtu Financial will post $0.74 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 15th. Investors of record on Thursday, June 1st will be given a dividend of $0.24 per share. The ex-dividend date of this dividend is Tuesday, May 30th. This represents a $0.96 dividend on an annualized basis and a yield of 5.63%. Virtu Financial’s payout ratio is presently 109.09%.
VIRT has been the topic of several analyst reports. Zacks Investment Research downgraded Virtu Financial from a “hold” rating to a “sell” rating in a report on Wednesday, May 17th. TheStreet upgraded Virtu Financial from a “d-” rating to a “c-” rating in a report on Friday, May 19th.
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In other Virtu Financial news, insider Tjmt Holdings Llc purchased 144,542 shares of the stock in a transaction that occurred on Monday, April 17th. The shares were purchased at an average cost of $15.46 per share, for a total transaction of $2,234,619.32. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders have purchased 395,970 shares of company stock worth $6,199,821 over the last 90 days. 71.00% of the stock is currently owned by company insiders.
Virtu Financial Company Profile
Virtu Financial, Inc is a holding company. The Company is a technology-enabled market maker and liquidity provider to the financial markets across the world. It is engaged in buying or selling a range of securities and other financial instruments and earning small bid/ask spreads across various transactions.
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