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VIRTVirtu Financial, Inc.
$53.91$4.7B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
VIRT logo

Virtu Financial, Inc.

VIRT
NASDAQ · Investment Banks & Brokerages
$53.91
At close - Nov 6, 4:00 PM EST - USD
Market Cap$4.69B
P/E6.3x
52W High$68.76
Volume1.03M
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q2

Fee-Driven Growth Offsets Thin NIM and Provision Spike

Virtu Financial is experiencing a sharp earnings inflection, with net income surging to $285.0M in 2026Q2 from $55.8M in 2024Q1, driven by fee income that constitutes 87.7% of revenue. The company's efficiency ratio improved to 18.1%, indicating strong operating leverage.

GrowthAccelerating
ProfitabilityStrong
ValuationAttractive
TechnicalsMixed
Explore valuation models
MARKET ACTION

VIRT price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

11/12 Beats

EPS beat 11 of last 12 quarters

02

Valuation risk

-69% Peers

P/E is 69% below peer median

03

Market leadership

RS 62 · Avg

Average momentum (RS Rating: 62)

04

Mixed Trend

Mixed

Price < 50DMA but > 200DMA

Next CatalystEstimated earnings · Feb 5

Market performance

Price History →

Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
VIRT+67.58%
S&P 500 (^GSPC)+7.63%
1-Year Return
VIRT+56.46%
S&P 500 (^GSPC)+9.69%
3-Year Return
VIRT+215.15%
S&P 500 (^GSPC)+68.62%
5-Year Return
VIRT+111.41%
S&P 500 (^GSPC)+56.69%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y Low
6.3x
Forward P/E
7.5x
EV/EBITDA60th %ile
7.4x
FCF YieldCash Flow
20.5%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
6.3x
8.4x
0th· Low
EV/EBITDA
7.4x
5.6x
60th· Fair
Price/FCF
4.9x
4.6x
60th· Fair
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$77.37+43.5%
Base (Fair)$79.35+47.2%
Bull$99.10+83.8%
$77.37 Bear$79.35 Base$99.10 Bull
Current Market Price: $53.91
Trades at a 32.1% discount to Base DCF ($79.35)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue FY25
$3.49B+55.2% YoY
Net income FY25
$468M+69.4% YoY
Free cash flow FY25
$455M-16.5% YoY
Operating margin FY25
35.2%-23.4 pts YoY
ROIC (FY25)10.1%
Avg ROIC 5Y12.7%
ROE (TTM)33.9%
Piotroski Score7 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate11/12 (92%)
Revenue Beat Rate12/12 (100%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q4 2026Latest
Nov 5, 2026
$1.77+16.4%
vs $1.52
$1.1B+77.7%
vs $647M
Q3 2026
Jul 30, 2026
$1.82+0.6%
vs $1.81
$718M+4.5%
vs $687M
Q2 2026
Apr 29, 2026
$2.24+35.8%
vs $1.65
$787M+28.3%
vs $613M
Q1 2026
Jan 29, 2026
$1.85+44.5%
vs $1.28
$613M+18.2%
vs $519M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

4 Stories
Zacks Investment Research·1d ago
Is Virtu Financial (VIRT) Stock Undervalued Right Now?

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.

Zacks Investment Research·2d ago
VIRT or AXP: Which Is the Better Value Stock Right Now?

Investors with an interest in Financial - Miscellaneous Services stocks have likely encountered both Virtu Financial (VIRT) and American Express (AXP). But which of these two stocks offers value investors a better bang for their buck right now?

Seeking Alpha·2d ago
Virtu Financial, Inc. (VIRT) Q3 2026 Earnings Call Transcript

Virtu Financial, Inc. (VIRT) Q3 2026 Earnings Call Transcript

Zacks Investment Research·2d ago
Virtu Financial (VIRT) Surpasses Q3 Earnings and Revenue Estimates

Virtu Financial (VIRT) came out with quarterly earnings of $1.77 per share, beating the Zacks Consensus Estimate of $1.47 per share. This compares to earnings of $1.05 per share a year ago.

Filtered for Virtu Financial, Inc.More Headlines
04

Compare before deciding

Benchmark VIRT against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Virtu Financial, Inc. (VIRT)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
VIRT logoVIRTVirtu Financial, Inc.Current
$53.91$4.69B6.2755.24%17.87%33.86%7.6%
HOOD logoHOODRobinhood Markets, Inc.
$80.91$72.74B37.1552.82%39.34%20.64%—
IBKR logoIBKRInteractive Brokers Group, Inc.
$75.82$33.78B29.2417.33%16.84%5.4%0.39%
MKTX logoMKTXMarketAxess Holdings Inc.
$165.59$5.83B20.003.85%33.87%23.82%1.89%
LPLA logoLPLALPL Financial Holdings Inc.
$295.51$23.64B16.7536.95%6.97%24.65%0.4%
GS logoGSThe Goldman Sachs Group, Inc.
$865.82$260.7B11.768.92%31.81%17.9%1.92%

Compare VIRT vs Peers

Virtu Financial, Inc. (VIRT) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs HOOD

Most directly comparable listed peer for VIRT.

Scale Benchmark

vs MS

Larger-name benchmark to compare VIRT against a more recognizable public peer.

Peer Set

Compare Top 5

vs HOOD, IBKR, MKTX, LPLA

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

VIRT SEC Filings & Documents

Virtu Financial, Inc. (VIRT) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Jul 30, 2026·SEC

Material company update

Jul 23, 2026·SEC

Material company update

Jul 14, 2026·SEC

10-K Annual Reports

3
FY 2026

Feb 20, 2026·SEC

FY 2025

Feb 21, 2025·SEC

FY 2024

Feb 16, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Jul 31, 2026·SEC

FY 2026

May 1, 2026·SEC

FY 2025

Oct 30, 2025·SEC

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VIRT Frequently Asked Questions

Virtu Financial, Inc. (VIRT) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
How fast is Virtu Financial, Inc. growing?

Virtu Financial, Inc. (VIRT) grew revenue by 53.7% over the trailing twelve months, compared with the twelve months before.

Is VIRT profitable?

Yes. Virtu Financial, Inc. (VIRT) earned $760.4M in net income over the trailing twelve months (a 17.9% net margin).

Dividend & Returns
Does VIRT pay dividends?

Yes. Virtu Financial, Inc. (VIRT) pays a dividend that yields 7.60% at the current price, a high yield.

What is VIRT's return on equity?

Virtu Financial, Inc. (VIRT) had a return on equity (ROE) of 33.9% over the trailing twelve months. That is well above the market's typical 10-15%.

Industry Metrics
What is Virtu Financial, Inc.'s net interest margin?

Virtu Financial, Inc. (VIRT) has a net interest margin (NIM) of 1.8%. NIM has been under pressure due to interest rate environment.

What is Virtu Financial, Inc.'s efficiency ratio?

Virtu Financial, Inc. (VIRT) has an efficiency ratio of 14.7%. This is excellent, indicating strong cost control.

What if you invested $1,000 in VIRT back in 2012?

Total return calculator · dividends reinvested · 14+ years of data

See returns →