Zacks Research Lowers Earnings Estimates for Virtu Financial

Key Points

• Zacks Research lowered its Q3 2027 EPS forecast for Virtu Financial to $1.44 from $1.45 and maintained a “Hold” rating. It projects FY2027 EPS of $5.73 and FY2028 EPS of $5.47.
• Analyst sentiment remains mixed, with three Buy, three Hold, and one Sell rating; the consensus rating is “Hold” with a target price of $58.80.
• Virtu recently reported quarterly EPS of $1.82 on $984.69 million in revenue and continues to pay a $0.24 quarterly dividend, equal to a 1.8% yield.

Virtu Financial, Inc. (NYSE:VIRT - Free Report) - Research analysts at Zacks Research dropped their Q3 2027 EPS estimates for Virtu Financial in a research note issued to investors on Friday, September 25th. Zacks Research analyst Team now anticipates that the company will post earnings of $1.44 per share for the quarter, down from their prior forecast of $1.45. Zacks Research currently has a "Hold" rating on the stock. The consensus estimate for Virtu Financial's current full-year earnings is $6.38 per share. Zacks Research also issued estimates for Virtu Financial's Q4 2027 earnings at $1.48 EPS, FY2027 earnings at $5.73 EPS, Q2 2028 earnings at $1.30 EPS and FY2028 earnings at $5.47 EPS.

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

Other research analysts have also recently issued reports about the stock. Piper Sandler increased their price objective on shares of Virtu Financial from $61.00 to $70.00 and gave the company an "overweight" rating in a report on Wednesday, July 15th. Morgan Stanley boosted their target price on Virtu Financial from $39.00 to $57.00 and gave the stock an "underweight" rating in a report on Friday, July 10th. Weiss Ratings restated a "buy (b-)" rating on shares of Virtu Financial in a research report on Wednesday, August 26th. The Goldman Sachs Group increased their price target on Virtu Financial from $51.00 to $63.00 and gave the company a "neutral" rating in a research note on Tuesday, June 30th. Finally, JPMorgan Chase & Co. lifted their price target on Virtu Financial from $51.00 to $59.00 and gave the company a "neutral" rating in a research report on Tuesday, July 28th. Three equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $58.80.

Virtu Financial Stock Down 2.8%

VIRT stock opened at $51.91 on Tuesday. The firm's 50-day moving average is $59.81 and its two-hundred day moving average is $54.93. The company has a market capitalization of $8.06 billion, a price-to-earnings ratio of 8.62, a price-to-earnings-growth ratio of 0.36 and a beta of 0.62. Virtu Financial has a 52 week low of $31.55 and a 52 week high of $68.76. The company has a current ratio of 0.45, a quick ratio of 0.45 and a debt-to-equity ratio of 0.87.

Virtu Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st were given a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date was Tuesday, September 1st. Virtu Financial's dividend payout ratio is 15.95%.

Insider Buying and Selling at Virtu Financial

In related news, Director John Nixon sold 9,094 shares of Virtu Financial stock in a transaction on Monday, August 17th. The stock was sold at an average price of $60.13, for a total value of $546,822.22. Following the transaction, the director directly owned 30,902 shares in the company, valued at $1,858,137.26. The trade was a 22.74% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Joseph Grano, Jr. sold 8,400 shares of the business'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 directly owned 33,814 shares in the company, valued at $2,060,625.16. This trade represents a 19.90% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 46.76% of the company's stock.

Hedge Funds Weigh In On Virtu Financial

A number of institutional investors have recently bought and sold shares of the stock. Allspring Global Investments Holdings LLC raised its position in shares of Virtu Financial by 41.9% in the first quarter. Allspring Global Investments Holdings LLC now owns 1,928,509 shares of the company's stock valued at $85,607,000 after purchasing an additional 569,057 shares during the period. Bank of America Corp DE boosted its holdings in shares of Virtu Financial by 115.4% during the 1st quarter. Bank of America Corp DE now owns 672,405 shares of the company's stock worth $29,572,000 after buying an additional 360,288 shares during the period. Wellington Management Group LLP grew its stake in Virtu Financial by 39.8% in the 2nd quarter. Wellington Management Group LLP now owns 782,114 shares of the company's stock valued at $46,591,000 after buying an additional 222,859 shares during the last quarter. Interval Partners LP grew its stake in Virtu Financial by 85.9% in the 4th quarter. Interval Partners LP now owns 377,184 shares of the company's stock valued at $12,568,000 after buying an additional 174,284 shares during the last quarter. Finally, Stephens Investment Management Group LLC grew its stake in Virtu Financial by 27.5% in the 1st quarter. Stephens Investment Management Group LLC now owns 516,366 shares of the company's stock valued at $22,710,000 after buying an additional 111,437 shares during the last quarter. Hedge funds and other institutional investors own 45.78% of the company's stock.

About Virtu Financial

Virtu Financial, Inc is a global financial services company that provides liquidity and execution services across the financial markets. Through its market-making operations, the company quotes buy and sell prices and facilitates trading in a range of securities, including equities, exchange-traded funds, options, futures, foreign exchange and fixed-income products.

Virtu also provides technology-enabled execution and workflow solutions to institutions, brokers, and other market participants.

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