VIRT Stock Analysis: Virtu Financial | NYSE
Capital Markets | NYSE, USA | Market Cap: 4.746m USD | 12M Return: 85.5% | US9282541013 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 68.1M
EPS Trend: 98.1%
Qual. Beats: 0
Rev. Trend: 99.1%
Qual. Beats: 12
Warnings
Tailwinds
Seasonality 11.4 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Virtu Financial, Inc. (VIRT) is a U.S.-headquartered financial services firm founded in 2008 that operates in the United States, Ireland, and internationally. The company runs two business segments: Market Making and Execution Services. Its Market Making segment involves buying and selling securities against broker-dealers, banks, and institutions across exchanges, alternative trading systems, and other market centers, while the Execution Services segment offers agency-based trading, workflow technology, trading analytics, and pre- and post-trade data and compliance tools to institutions, banks, and broker-dealers. Coverage spans global equities, ETFs, fixed income, currencies, commodities, futures, and cryptocurrencies.
As a participant in the Investment Banking & Brokerage sub-industry, Virtu operates largely as an electronic market maker and agency execution provider, relying on high-speed, algorithmic trading infrastructure to supply liquidity and route client orders across multiple venues. The firm has been publicly traded on the NYSE since its April 2015 IPO.
- Market volatility lifts market making capture rates and revenue
- Execution services fees compress amid institutional competition
- Aggressive buybacks reduce share count and lift EPS
| Net Income: 684.8m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA -1.22 > 1.0 |
| NWC/Revenue: 60.47% < 20% (prev 6.95%; Δ 53.52% < -1%) |
| CFO/TA 0.02 > 3% & CFO 468.0m > Net Income 684.8m |
| Net Debt (9.71b) to EBITDA (1.70b): 5.71 < 3 |
| Current Ratio: 1.11 > 1.5 & < 3 |
| Outstanding Shares: last quarter (87.0m) vs 12m ago 1.75% < -2% |
| Gross Margin: 55.45% > 18% (prev 61.77%; Δ -6.32% > 0.5%) |
| Asset Turnover: 17.45% > 50% (prev 17.52%; Δ -0.07% > 0%) |
| Interest Coverage Ratio: 5.11 > 6 (EBIT TTM 1.59b / Interest Expense TTM 310.2m) |
| A: 0.09 (Total Current Assets 25.2b - Total Current Liabilities 22.7b) / Total Assets 27.5b |
| B: 0.06 (Retained Earnings 1.75b / Total Assets 27.5b) |
| C: 0.07 (EBIT TTM 1.59b / Avg Total Assets 23.4b) |
| D: 0.07 (Book Value of Equity 1.87b / Total Liabilities 25.2b) |
| Altman-Z'' = 1.33 = BB |
| DSRI: 1.72 (Receivables 3.52b/1.70b, Revenue 4.08b/3.38b) |
| GMI: 1.11 (GM 61.77% / 55.45%) |
| AQI: 0.08 (AQ_t 0.07 / AQ_t-1 0.86) |
| SGI: 1.21 (Revenue 4.08b / 3.38b) |
| TATA: 0.01 (NI 684.8m - CFO 468.0m) / TA 27.5b) |
| Beneish M = -2.73 (Cap -4..+1) = A |
As of October 08, 2026, the stock is trading at USD 58.81 with a total of 1,186,043 shares traded. Over the past week, the price has changed by +6.62%, over one month by -6.68%, over three months by -6.65% and over the past year by +85.47%.
Current recommended Stop Loss: 53.90 (which is 8.3% or 1.9 ATR below the current price).
Virtu Financial has received a consensus analysts rating of 3.33. Therefore, it is recommended to hold VIRT.
- StrongBuy: 2
- Buy: 1
- Hold: 5
- Sell: 0
- StrongSell: 1
| Analysts Target Price | 66.7 | 13.4% |
P/E Trailing = 8.6415
P/E Forward = 8.3822
P/S = 1.4543
P/B = 2.5061
P/EG = -9.42
Revenue TTM = 4.08b USD
EBIT TTM = 1.59b USD
EBITDA TTM = 1.70b USD
Long Term Debt = 10.2b USD (from longTermDebt, last quarter)
Short Term Debt = 353.9m USD (from shortTermDebt, last quarter)
Debt = 10.8b USD (corrected: LT Debt 10.2b + ST Debt 353.9m) + Leases 253.2m
Net Debt = 9.71b USD (calculated: Debt 10.8b - CCE 1.07b)
Enterprise Value = 14.5b USD (4.75b + Debt 10.8b - CCE 1.07b)
Interest Coverage Ratio = 5.11 (Ebit TTM 1.59b / Interest Expense TTM 310.2m)
EV/FCF = 35.43x (Enterprise Value 14.5b / FCF TTM 408.0m)
FCF Yield = 2.82% (FCF TTM 408.0m / Enterprise Value 14.5b)
FCF Margin = 10.00% (FCF TTM 408.0m / Revenue TTM 4.08b)
Net Margin = 16.78% (Net Income TTM 684.8m / Revenue TTM 4.08b)
Gross Margin = 55.45% ((Revenue TTM 4.08b - Cost of Revenue TTM 1.82b) / Revenue TTM)
Gross Margin QoQ = 50.13% (prev 62.40%)
Tobins Q-Ratio = 0.53 (Enterprise Value 14.5b / Total Assets 27.5b)
Interest Expense / Debt = 2.88% (Interest Expense 310.2m / Debt 10.8b)
Taxrate = 16.84% (214.9m / 1.28b)
NOPAT = 1.32b (EBIT 1.59b * (1 - 16.84%))
Current Ratio = 1.11 (Total Current Assets 25.2b / Total Current Liabilities 22.7b)
Debt / Equity = 5.77 (Debt 10.8b / totalStockholderEquity, last quarter 1.87b)
Debt / EBITDA = 5.71 (Net Debt 9.71b / EBITDA 1.70b)
Debt / FCF = 23.80 (Net Debt 9.71b / FCF TTM 408.0m)
Total Stockholder Equity = 1.66b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.93% (Net Income 684.8m / Total Assets 27.5b)
RoE = 41.25% (Net Income TTM 684.8m / Total Stockholder Equity 1.66b)
RoCE = 13.41% (EBIT 1.59b / Capital Employed (Equity 1.66b + L.T.Debt 10.2b))
RoIC = 26.78% (NOPAT 1.32b / Invested Capital 4.93b)
WACC = 4.03% (E(4.75b)/V(15.5b) * Re(7.73%) + D(10.8b)/V(15.5b) * Rd(2.88%) * (1-Tc(0.17)))
Discount Rate = 7.73% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -67.44 | Cagr: -0.99%
[DCF] Terminal Value 73.10% ; FCFF base≈453.5m ; Y1≈397.7m ; Y5≈321.3m
[DCF] Fair Price = N/A (negative equity: EV 5.16b - Net Debt 9.71b = -4.55b; debt exceeds intrinsic value)
EPS Correlation: 98.12 | EPS CAGR: 72.08% | SUE: -0.53 | # QB: 0
Revenue Correlation: 99.06 | Revenue CAGR: 26.80% | SUE: 0.94 | # QB: 12
EPS current Quarter (2026-09-30): EPS=1.64 | Chg30d=+22.39% | Revisions=+44% | Analysts=4
EPS current Year (2026-12-31): EPS=7.44 | Chg30d=+14.61% | Revisions=+62% | GrowthEPS=+29.9% | GrowthRev=+28.0%
EPS next Year (2027-12-31): EPS=6.93 | Chg30d=+16.45% | Revisions=+70% | GrowthEPS=-6.9% | GrowthRev=-6.7%
[Analyst] Revisions Ratio: +76% (up=17, down=1)