Virtu Financial, Inc. (VIRT)
NYSEFinancialsFinancial - Capital MarketsSnapshot 2026-11-04
$53.03-0.38%
Close 2026-11-04 · 1-day change
NYSEFinancialsFinancial - Capital MarketsSnapshot 2026-11-04
QuarterlyIQ Insights · VIRT
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | -19.1% |
| Our one-year growth estimate | diamond | -26.4% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
No outside relationship met the current evidence threshold.
Based on historical daily prices through 2026-11-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 7.3 percentage points more one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-11-04 · Compared with 15 industry peers
VIRT — earnings miss
Dated 2026-07-30
RESULTS OF OPERATIONS AND FINANCIAL CONDITION. On July 30, 2026, Virtu Financial, Inc. (the “Company”) issued a press release setting forth its financial results for its quarter ended June 30, 2026. A copy of the Company's press release is attached as Exhibit 99.1 to this report. The Company does not intend for this
Why it matters: Virtu kept its dividend at $0.24 per share for four straight quarters. Another declaration at that level would keep that record intact.
Supportive ifVirtu declares a quarterly cash dividend of at least $0.24 per share.
Worry ifVirtu declares a quarterly dividend under $0.24 per share or skips one.
Why it matters: Q2 revenue rose 19% year over year, while net income fell from $293.0 million to $284.9 million. Q3 results can show whether earnings keep pace with revenue.
Watch forQ3 net income is above $293.0 million and total revenue is above $999.6 million.
Also watch forQ3 net income is below $284.9 million or total revenue is below $999.6 million.
Why it matters: Virtu began marketing $400 million of added term loans in July. Its Q2 release also listed $2.05 billion in long-term debt.
Worry ifA filing shows the $400 million loan closed and total long-term debt rose above $2.05 billion.
Less concerning ifA filing shows the loan was not completed, or total long-term debt fell below $2.05 billion.
Why it matters: Adjusted Net Trading Income fell from $786.5 million in Q1 to $717.9 million in Q2. A further drop would signal weaker trading income.
Worry ifQ3 Adjusted Net Trading Income is below $600 million, down more than 16% from Q2.
Less concerning ifQ3 Adjusted Net Trading Income is at least $717.9 million, matching or topping Q2.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$154 on $10,000 · ±1.5% | How much price usually moves either way. |
| Bad day | $381 loss on $10,000 · 3.8% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $2,349 loss on $10,000 · 23.5% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.