The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find 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 rely on traditional forms of analysis on key valuat ...

NEW YORK, Oct. 03, 2024 (GLOBE NEWSWIRE) -- Virtu Financial, Inc. (Nasdaq:VIRT), a leading provider of global, multi-asset financial services that delivers liquidity and innovative, transparent products across the complete investment cycle to the global markets, will announce its results for the third quarter 2024 on Thursday, October 24, 2024, before the US market open. Virtu will host a conference call to discuss the company's financial results at 8:30 AM (EDT). A live webcast of the event will be availab ...

NEW YORK, Sept. 26, 2024 (GLOBE NEWSWIRE) -- Virtu Financial, Inc. (Nasdaq:VIRT), a leading provider of global, multi-asset financial services that delivers liquidity and innovative, transparent products across the complete investment cycle to the global markets, is proud to announce that Trish McMenamin, Chief Compliance Officer, and Leah Goldsberry, EMEA Head of Analytics Client Coverage, have both been recognized at Markets Media's European Women in Finance Awards. Trish McMenamin received the Excellence ...

Core Viewpoint - Virtu Financial (VIRT) has been upgraded to a Zacks Rank 2 (Buy), indicating a positive outlook based on rising earnings estimates, which significantly influence stock prices [1][2]. Earnings Estimates and Stock Price Impact - The change in earnings estimates is a powerful factor affecting near-term stock price movements, as institutional investors rely on these estimates to determine fair value [3]. - An increase in earnings estimates typically leads to institutional buying, which drives stock prices higher [3]. Company Performance Indicators - For the fiscal year ending December 2024, Virtu Financial is projected to earn $2.96 per share, reflecting a 60.9% increase from the previous year [7]. - Over the past three months, the Zacks Consensus Estimate for Virtu Financial has risen by 18.8%, indicating a positive trend in earnings expectations [7]. Zacks Rating System - The Zacks Rank system classifies stocks based on earnings estimate revisions, with a strong historical performance, particularly for Zacks Rank 1 stocks, which have averaged a +25% annual return since 1988 [6]. - The upgrade to Zacks Rank 2 places Virtu Financial in the top 20% of Zacks-covered stocks, suggesting potential for market-beating returns in the near term [9].

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. We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The Zacks Rank favors stocks with strong earnings estimate revision trends, and o ...

The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks. Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors rely on traditional forms of ...

It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both. The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor. It also includes access to the Zacks Style Scores ...

Core Insights - Zacks offers various investment opportunities and tools aimed at long-term success in the stock market [1] - The Zacks Focus List is a curated portfolio of 50 stocks expected to outperform the market over the next 12 months [3][4] Performance Metrics - In 2020, the Focus List gained 13.85% annually, outperforming the S&P 500's return of 9.38% [5] - Cumulatively, the Focus List has returned 2,519.23% from February 1, 1996, to March 31, 2021, compared to the S&P's 854.95% [5] Methodology - The Focus List relies on earnings estimate revisions from brokerage analysts, which assess various factors affecting future earnings [6] - Stocks are selected based on upward earnings estimate revisions, indicating potential future price momentum [7][10] - The Zacks Rank, a proprietary stock-rating model, classifies stocks into five groups based on four main factors: Agreement, Magnitude, Upside, and Surprise [9] Spotlight on Virtu Financial - Virtu Financial, a market-leading financial services firm, was added to the Focus List on July 31, 2023, at $18.90 per share [11][12] - Since its addition, shares have increased by 64.71% to $31.13, with a Zacks Rank of 3 (Hold) [12] - Six analysts have revised their earnings estimates upwards for fiscal 2024, with the consensus estimate increasing by $0.48 to $2.96 [12] - Virtu's earnings are projected to grow by 60.9% for the current fiscal year [12]

Paul Zimmerman/Getty Images Entertainment Since my last Virtu Financial (NASDAQ:VIRT) article, the stock is up 65% while the S&P 500 returned 14%. It is one of my worst-performing articles in terms of readers on Seeking Alpha, but one of my best-performing stocks since publication. There is a lot of alpha in identifying high-quality stocks that are undervalued, especially if no one else is looking. The thesis remains largely the same, a sophisticated hedge focused on Virtu's ability to take advantage of vol ...

Core Viewpoint - Virtu Financial, Inc. is positioned for growth due to its diversified business model and increasing income from interest and dividends, with a market cap of $4.8 billion [1]. Group 1: Financial Performance - The Market Making segment is expected to contribute significantly to revenue, with anticipated improvements in capture rates and a decline in costs [2]. - Virtu Financial's stock has increased by 67.4% over the past year, outperforming the industry, sector, and S&P 500 Index, which grew by 21.8%, 29.3%, and 25.3% respectively [3]. - The company reported a decline in net brokerage, exchange, clearance fees, and payments for order flow, with decreases of 16.9% in 2022 and 17.9% in 2023, which is expected to enhance margins [5]. - In Q2 2024, Virtu Financial repurchased shares worth approximately $31 million and announced a cash dividend of 24 cents per share, resulting in a dividend yield of 3.1%, higher than the industry average of 2% [6]. Group 2: Growth Drivers - Retail momentum is expected to continue, supported by growth initiatives such as expansion into options, cryptocurrency, ETF block trading, and IPO investing [3]. - The Execution Services business is set for growth due to technological advancements and the integration of new solutions, despite market volatility [4]. - The Zacks Consensus Estimate for 2024 earnings is $2.86 per share, reflecting a year-over-year improvement of 55.4%, with a stable estimate for 2025 suggesting further growth of 1.9% [7]. Group 3: Valuation - The stock is currently trading at a forward 12-month price-to-earnings ratio of 10.74X, below the industry average of 13.81X, indicating it is undervalued [8]. - The company's fundamentals are strong, as evidenced by a Value Score of A, which supports its potential for continued share growth and industry outperformance [8].