Virtu Financial (VIRT) Receives News Impact Score of 0.10

News stories about Virtu Financial (NASDAQ:VIRT) have trended somewhat positive this week, Accern reports. The research firm identifies negative and positive press coverage by analyzing more than 20 million news and blog sources. Accern 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 impact score of 0.10 on Accern’s scale. Accern also gave news articles about the financial services provider an impact score of 45.6497480306561 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Several analysts have recently commented on VIRT shares. JPMorgan Chase & Co. reaffirmed an “underweight” rating and set a $13.00 price objective on shares of Virtu Financial in a research report on Wednesday, October 18th. Citigroup raised shares of Virtu Financial from a “sell” rating to a “neutral” rating and set a $15.00 price objective for the company in a research report on Wednesday, November 8th. Rosenblatt Securities started coverage on shares of Virtu Financial in a research report on Friday, September 15th. They set a “neutral” rating and a $18.00 price objective for the company. TheStreet downgraded shares of Virtu Financial from a “c-” rating to a “d+” rating in a research report on Thursday, October 12th. Finally, Zacks Investment Research raised shares of Virtu Financial from a “sell” rating to a “hold” rating in a research report on Saturday, December 2nd. One research analyst has rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the stock. Virtu Financial presently has a consensus rating of “Hold” and an average target price of $16.86.

Shares of Virtu Financial (NASDAQ VIRT) traded down $0.15 on Friday, hitting $18.00. The company had a trading volume of 180,841 shares, compared to its average volume of 525,517. Virtu Financial has a 12 month low of $13.10 and a 12 month high of $19.07. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 1.23. The company has a market cap of $3,380.00 and a PE ratio of 150.00.

Virtu Financial (NASDAQ:VIRT) last issued its earnings results on Tuesday, November 7th. The financial services provider reported $0.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.04 by $0.04. Virtu Financial had a return on equity of 11.56% and a net margin of 0.13%. The company had revenue of $159.79 million for the quarter, compared to analysts’ expectations of $157.40 million. During the same period last year, the business earned $0.20 EPS. Virtu Financial’s quarterly revenue was up 64.4% compared to the same quarter last year. analysts anticipate that Virtu Financial will post 0.42 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Friday, December 15th. Investors of record on Friday, December 1st were issued a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a dividend yield of 5.33%. The ex-dividend date was Thursday, November 30th. Virtu Financial’s dividend payout ratio is currently 800.00%.

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About Virtu Financial

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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