FY2028 EPS Forecast for Virtu Financial Increased by Analyst

Key Points

• Zacks Research raised Virtu Financial’s FY2028 EPS forecast to $5.49 from $5.48 and maintains a “Strong Buy” rating. The broader analyst consensus for the current full year is $6.38 per share.
• Virtu reported quarterly EPS of $1.82 on $984.69 million in revenue, with a 13.50% net margin and 49.06% return on equity. Analysts’ average rating is “Moderate Buy,” with an average price target of $58.80.
• The company declared a quarterly dividend of $0.24 per share, equivalent to $0.96 annually and a 1.4% yield; shares recently traded at $66.49, near their 52-week high.

Virtu Financial, Inc. (NYSE:VIRT - Free Report) - Stock analysts at Zacks Research lifted their FY2028 earnings estimates for shares of Virtu Financial in a research note issued to investors on Thursday, August 27th. Zacks Research analyst Team now anticipates that the company will post earnings of $5.49 per share for the year, up from their previous estimate of $5.48. Zacks Research has a "Strong-Buy" rating on the stock. The consensus estimate for Virtu Financial's current full-year earnings is $6.38 per share.

Virtu Financial (NYSE:VIRT - Get Free Report) last released its earnings results on Tuesday, July 14th. The company reported $1.82 EPS for the quarter. Virtu Financial had a net margin of 13.50% and a return on equity of 49.06%. The company had revenue of $984.69 million during the quarter. Virtu Financial has set its Q2 2026 guidance at 1.820-1.820 EPS.

A number of other equities research analysts have also weighed in on the company. Wall Street Zen lowered Virtu Financial from a "buy" rating to a "hold" rating in a report on Saturday, August 8th. JPMorgan Chase & Co. raised their price target on Virtu Financial from $51.00 to $59.00 and gave the company a "neutral" rating in a report on Tuesday, July 28th. Morgan Stanley lifted their price target on Virtu Financial from $39.00 to $57.00 and gave the company an "underweight" rating in a research note on Friday, July 10th. Piper Sandler upped their price objective on Virtu Financial from $61.00 to $70.00 and gave the stock an "overweight" rating in a report on Wednesday, July 15th. Finally, The Goldman Sachs Group increased their price objective on Virtu Financial from $51.00 to $63.00 and gave the stock a "neutral" rating in a research report on Tuesday, June 30th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $58.80.

Virtu Financial Trading Up 0.2%

NYSE VIRT opened at $66.49 on Monday. The stock has a market capitalization of $10.32 billion, a P/E ratio of 11.04, a P/E/G ratio of 0.45 and a beta of 0.60. Virtu Financial has a 52-week low of $31.55 and a 52-week high of $68.76. The firm has a 50-day moving average price of $60.65 and a 200 day moving average price of $52.08. The company has a quick ratio of 0.45, a current ratio of 0.45 and a debt-to-equity ratio of 0.87.

Institutional Investors Weigh In On Virtu Financial

Institutional investors and hedge funds have recently made changes to their positions in the business. GAMMA Investing LLC grew its stake in shares of Virtu Financial by 4.3% in the second quarter. GAMMA Investing LLC now owns 6,310 shares of the company's stock worth $376,000 after acquiring an additional 259 shares during the last quarter. NewEdge Advisors LLC raised its position in Virtu Financial by 2.2% in the fourth quarter. NewEdge Advisors LLC now owns 12,939 shares of the company's stock worth $431,000 after purchasing an additional 275 shares in the last quarter. Optimist Retirement Group LLC lifted its position in shares of Virtu Financial by 3.5% during the 4th quarter. Optimist Retirement Group LLC now owns 8,277 shares of the company's stock worth $276,000 after buying an additional 279 shares during the period. Steward Partners Investment Advisory LLC lifted its holdings in Virtu Financial by 18.5% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 1,868 shares of the company's stock valued at $62,000 after purchasing an additional 291 shares during the last quarter. Finally, Oregon Public Employees Retirement Fund raised its position in Virtu Financial by 1.7% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 18,237 shares of the company's stock valued at $608,000 after purchasing an additional 300 shares during the last quarter. 45.78% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Virtu Financial

In other Virtu Financial news, Director Joseph J. Grano, Jr. sold 8,400 shares of the company's stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $60.94, for a total value of $511,896.00. Following the sale, the director owned 33,814 shares of the company's stock, valued at approximately $2,060,625.16. This represents a 19.90% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director John Nixon sold 9,094 shares of the company's stock in a transaction on Monday, August 17th. The shares were sold at an average price of $60.13, for a total value of $546,822.22. Following the completion of the sale, the director directly owned 30,902 shares in the company, valued at $1,858,137.26. This trade represents a 22.74% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 46.76% of the company's stock.

Virtu Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st will be paid a $0.24 dividend. This represents a $0.96 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend is Tuesday, September 1st. Virtu Financial's dividend payout ratio (DPR) is presently 15.95%.

Key Stories Impacting Virtu Financial

Here are the key news stories impacting Virtu Financial this week:

• Positive Sentiment: Virtu, Tradeweb and M1X completed what was described as the first fully onchain repo transaction backed by a sovereign digital bond. The transaction used a Marshall Islands sovereign bond and settled in about 10 minutes, highlighting potential efficiency, transparency and automation benefits for fixed-income financing. The development is strategically positive, although it is not expected to have an immediate material effect on revenue or earnings. First-Ever Onchain Repo Completed in 10 Minutes Using Marshall Islands Sovereign Bond
• Positive Sentiment: Zacks Research upgraded VIRT to “Strong Buy” from “Hold,” adding to the stock’s bullish analyst momentum. Virtu was also included in Zacks’ list of top momentum stocks and its Rank #1 Strong Buy list. Zacks Research
• Positive Sentiment: Zacks modestly raised its FY2027 EPS forecast to $5.74 from $5.73 and its FY2028 estimate to $5.48 from $5.43. Quarterly estimates for 2027 were also increased by one or two cents, signaling slightly improved expectations for Virtu’s future profitability. Virtu Financial Earnings Estimates
• Neutral Sentiment: Separate commentary compared Virtu with Moody’s as a value investment and highlighted Virtu’s favorable valuation metrics, including a reported P/E ratio near 11 and a PEG ratio below 1. However, the reports did not introduce a new earnings catalyst or company guidance change. VIRT vs. MCO: Which Stock Is the Better Value Option?

About Virtu Financial

Virtu Financial, Inc is a technology-driven electronic trading firm and market maker that provides liquidity and price discovery across a wide range of financial instruments. Leveraging advanced analytics, high-performance computing and proprietary algorithms, Virtu operates in equities, fixed income, foreign exchange, commodities and derivative products. Its technology platform is designed to capture bid-ask spreads in real time, manage risk through automated controls and adapt to changing market conditions.

The company offers a suite of execution services and market-making solutions to institutional clients such as asset managers, banks, broker-dealers and hedge funds.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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