Investors interested in Financial - Miscellaneous Services stocks are likely familiar with Virtu Financial (VIRT) and Blackstone Inc. (BX) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The Zacks Rank favors stocks with strong earnings estima ...

NEW YORK, Nov. 25, 2024 (GLOBE NEWSWIRE) -- Virtu Financial, Inc. (NASDAQ: VIRT), a leading provider of financial services and products that leverage cutting-edge technology to deliver innovative, transparent trading solutions to our clients and liquidity to the global markets, proudly announces that two of its exceptional team members have been recognized at the 2024 Women in Finance Americas Awards. Electronic Services Group Manager, Rachele Princiotto was honored with the Excellence in Service Providers ...

Investors might want to bet on Virtu Financial (VIRT) , as earnings estimates for this company have been showing solid improvement lately. The stock has already gained solid short-term price momentum, and this trend might continue with its still improving earnings outlook.Analysts' growing optimism on the earnings prospects of this high-speed trading company is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in ...

Virtu Financial (VIRT) came out with quarterly earnings of $0.82 per share, beating the Zacks Consensus Estimate of $0.78 per share. This compares to earnings of $0.45 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 5.13%. A quarter ago, it was expected that this high-speed trading company would post earnings of $0.62 per share when it actually produced earnings of $0.83, delivering a surprise of 33.87%.Over the last four quar ...

NEW YORK, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Virtu Financial, Inc. (NASDAQ: VIRT), a leading provider of financial services and products that leverages cutting edge technology to deliver innovative, transparent trading solutions to its clients and liquidity to the global markets, today reported results for the third quarter ended September 30, 2024. Third Quarter 2024: Net income of $119.0 million; Normalized Adjusted Net Income1 of $132.1 millionBasic and diluted earnings per share of $0.65 and $0.64, respe ...

Core Viewpoint - Virtu Financial, Inc. is expected to report strong third-quarter 2024 results, with earnings per share estimated at 77 cents, reflecting a 71.1% increase year-over-year, driven by growth in net trading income and higher revenues from commissions and technology services [1][2]. Earnings Estimates - The Zacks Consensus Estimate for revenues is $373 million, indicating a 25.2% growth from the previous year [2]. - Over the past month, earnings estimates have seen three upward revisions and one downward revision, with an overall increase of 10% [2]. Earnings Surprise History - Virtu Financial has beaten consensus estimates in three of the last four quarters, with an average surprise of 9.87% [2]. Earnings ESP and Zacks Rank - The company has an Earnings ESP of +0.97%, with the most accurate estimate at 78 cents per share, higher than the consensus estimate [3]. - Virtu Financial currently holds a Zacks Rank of 2 (Buy) [3]. Key Factors Influencing Q3 Results - Expected growth in net trading income, higher commissions, and technology services revenues, along with increased interest and dividends income, are anticipated to positively impact the top line [3][4]. - The consensus estimate for overall net trading income is $341 million, reflecting a 7.9% year-over-year increase [3]. - Commissions and technology services are estimated at $120.1 million, indicating an 8.9% increase year-over-year [3]. - Interest and dividends income is pegged at $131.9 million, implying a 3.3% rise from the previous year [3]. Revenue Components - The Market Making segment's net trading income is estimated at $335.1 million, indicating a 7.9% year-over-year rise, while the Execution Services segment's net trading income is pegged at $5.8 million, reflecting a 4.7% growth [4]. Operating Expenses - Total operating expenses are estimated at $506.6 million, representing a 3% increase year-over-year, primarily due to elevated brokerage, exchange, and data processing costs [4]. Stock Performance and Valuation - Virtu Financial's shares have increased by 59.7% year-to-date, outperforming the industry and broader market indices [5]. - The stock is currently trading at 10.79X forward 12-month earnings, below the industry average of 15.16X, indicating a potentially attractive valuation [5].

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.Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use a variety of methods, including tried-and-true valuation metr ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. While many investors like to look for momen ...

Virtu Financial, Inc. (VIRT) , a leading financial services company, is well-poised to grow on the back of its diversified business and rising interest and dividends income. High volatility favors the company's Market Making segment. Headquartered in New York, Virtu Financial has a market cap of $5.1 billion. Strong revenue contribution from the Market Making segment due to higher trading income will likely benefit the stock. We expect its capture rate from the unit to improve in the coming days, along with ...

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Virtu Financial (VIRT) , which belongs to the Zacks Financial - Miscellaneous Services industry. When looking at the last two reports, this high-speed trading company has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 31.34%, on average, in the last two quarters. For the most recent quarter, Virtu Financial was ...