Virtu Financial (VIRT) Declares $0.24 Quarterly Dividend; 4.8% Yield

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Virtu Financial (VIRT) Tops Q4 EPS by 10c; $50M Buyback

February 8, 2018 6:03 AM EST

Virtu Financial (NASDAQ: VIRT) reported Q4 EPS of $0.22, $0.10 better than the analyst estimate of $0.12. Revenue for the quarter came in at $237.3 million versus the consensus estimate of $197.65 million.

The Virtu Financial, Inc. Board of Directors also approved a new share... More

UPDATE: JPMorgan Upgrades Virtu Financial (VIRT) to Neutral, Market Conditions Improve

February 6, 2018 5:09 AM EST

(Updated - February 6, 2018 5:15 AM EST)

(updated to add analyst comment)

JPMorgan upgraded Virtu Financial (NASDAQ: VIRT) from Underweight to Neutral with a price target of $20.00 (from $17.50).

Analyst Ken Worthington believes the market conditions are improving for the market maker... More