Q3 EPS Estimate for Virtu Financial Boosted by Analyst

Virtu Financial, Inc. (NASDAQ:VIRT - Free Report) - Stock analysts at Zacks Research raised their Q3 2025 earnings per share (EPS) estimates for Virtu Financial in a report released on Monday, June 16th. Zacks Research analyst K. Dey now expects that the financial services provider will earn $0.66 per share for the quarter, up from their previous estimate of $0.65. The consensus estimate for Virtu Financial's current full-year earnings is $3.13 per share. Zacks Research also issued estimates for Virtu Financial's FY2025 earnings at $3.31 EPS, Q1 2026 earnings at $0.90 EPS, Q3 2026 earnings at $0.68 EPS, Q4 2026 earnings at $0.74 EPS, FY2026 earnings at $3.10 EPS and FY2027 earnings at $3.37 EPS.

Virtu Financial (NASDAQ:VIRT - Get Free Report) last released its earnings results on Wednesday, April 23rd. The financial services provider reported $1.30 earnings per share for the quarter, beating the consensus estimate of $0.99 by $0.31. The firm had revenue of $497.14 million for the quarter, compared to analyst estimates of $444.23 million. Virtu Financial had a return on equity of 32.08% and a net margin of 10.43%. The company's quarterly revenue was up 30.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.76 earnings per share.

VIRT has been the topic of several other reports. Evercore ISI increased their target price on shares of Virtu Financial from $41.00 to $42.00 and gave the stock an "in-line" rating in a report on Thursday, April 24th. Bank of America downgraded Virtu Financial from a "buy" rating to a "neutral" rating and set a $43.00 price objective on the stock. in a research note on Thursday, May 15th. Wall Street Zen downgraded Virtu Financial from a "buy" rating to a "hold" rating in a research note on Saturday, May 24th. UBS Group reaffirmed a "neutral" rating and set a $40.00 price objective (up previously from $38.00) on shares of Virtu Financial in a research note on Thursday, April 24th. Finally, JPMorgan Chase & Co. raised their price target on Virtu Financial from $37.00 to $39.00 and gave the stock a "neutral" rating in a research report on Thursday, April 24th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $37.25.

Virtu Financial Stock Performance

Shares of NASDAQ:VIRT opened at $41.89 on Wednesday. The company has a market capitalization of $6.46 billion, a price-to-earnings ratio of 12.11, a P/E/G ratio of 1.14 and a beta of 0.68. The firm's 50 day simple moving average is $40.27 and its 200 day simple moving average is $38.04. The company has a debt-to-equity ratio of 1.11, a current ratio of 0.49 and a quick ratio of 0.49. Virtu Financial has a fifty-two week low of $21.59 and a fifty-two week high of $44.58.

Institutional Investors Weigh In On Virtu Financial

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Kestra Investment Management LLC acquired a new stake in shares of Virtu Financial in the fourth quarter valued at about $28,000. Brooklyn Investment Group increased its position in shares of Virtu Financial by 243.0% in the first quarter. Brooklyn Investment Group now owns 782 shares of the financial services provider's stock valued at $30,000 after acquiring an additional 554 shares during the last quarter. Smartleaf Asset Management LLC increased its position in shares of Virtu Financial by 172.7% in the fourth quarter. Smartleaf Asset Management LLC now owns 870 shares of the financial services provider's stock valued at $31,000 after acquiring an additional 551 shares during the last quarter. Financial Management Professionals Inc. acquired a new position in shares of Virtu Financial during the 1st quarter worth approximately $32,000. Finally, Jones Financial Companies Lllp increased its position in shares of Virtu Financial by 1,624.1% during the 1st quarter. Jones Financial Companies Lllp now owns 1,000 shares of the financial services provider's stock worth $38,000 after purchasing an additional 942 shares during the last quarter. 45.78% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Virtu Financial

In other news, CEO Douglas A. Cifu sold 177,561 shares of Virtu Financial stock in a transaction that occurred on Monday, April 28th. The shares were sold at an average price of $38.88, for a total value of $6,903,571.68. Following the sale, the chief executive officer now directly owns 231,306 shares in the company, valued at $8,993,177.28. This trade represents a 43.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director John Nixon sold 6,965 shares of Virtu Financial stock in a transaction that occurred on Tuesday, May 13th. The shares were sold at an average price of $42.82, for a total transaction of $298,241.30. Following the completion of the sale, the director now owns 33,923 shares in the company, valued at $1,452,582.86. This trade represents a 17.03% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 362,846 shares of company stock valued at $14,079,615 in the last 90 days. 46.70% of the stock is currently owned by company insiders.

Virtu Financial Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, June 16th. Shareholders of record on Friday, May 30th were paid a $0.24 dividend. This represents a $0.96 annualized dividend and a dividend yield of 2.29%. The ex-dividend date was Friday, May 30th. Virtu Financial's dividend payout ratio is 27.75%.

About Virtu Financial

Virtu Financial, Inc operates as a financial services company in the United States, Asia Pacific, Canada, EMEA, Ireland, and internationally. The company operates through two segments, Market Making and Execution Services. Its product includes offerings in execution, liquidity sourcing, analytics and broker-neutral, capital markets, and multi-dealer platforms in workflow technology.

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