Analysts Offer Predictions for Virtu Financial Q1 Earnings

Virtu Financial, Inc. (NASDAQ:VIRT - Free Report) - Equities research analysts at Zacks Research boosted their Q1 2025 earnings per share estimates for Virtu Financial in a research report issued on Monday, April 14th. Zacks Research analyst K. Dey now anticipates that the financial services provider will post earnings of $0.88 per share for the quarter, up from their prior forecast of $0.87. 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 Q1 2027 earnings at $0.92 EPS and FY2027 earnings at $3.30 EPS.

Several other brokerages have also commented on VIRT. Morgan Stanley lowered Virtu Financial from an "equal weight" rating to an "underweight" rating and set a $26.00 target price on the stock. in a research report on Tuesday, April 8th. Bank of America cut their price target on Virtu Financial from $56.00 to $48.00 and set a "buy" rating on the stock in a report on Wednesday, April 2nd. Finally, Piper Sandler lifted their price objective on shares of Virtu Financial from $35.00 to $40.00 and gave the company an "overweight" rating in a research note on Tuesday, January 7th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and three have given a buy rating to the company. According to MarketBeat, Virtu Financial has a consensus rating of "Hold" and an average target price of $32.21.

Virtu Financial Trading Up 1.7 %

VIRT traded up $0.66 during trading on Tuesday, reaching $38.46. 1,170,164 shares of the stock traded hands, compared to its average volume of 1,193,437. The stock's 50-day moving average is $36.69 and its 200 day moving average is $35.96. Virtu Financial has a 12 month low of $20.92 and a 12 month high of $41.38. The company has a quick ratio of 0.46, a current ratio of 1.13 and a debt-to-equity ratio of 1.17. The stock has a market capitalization of $5.96 billion, a PE ratio of 12.95, a P/E/G ratio of 1.43 and a beta of 0.71.

Virtu Financial (NASDAQ:VIRT - Get Free Report) last posted its quarterly earnings data on Wednesday, January 29th. The financial services provider reported $1.09 EPS for the quarter, beating analysts' consensus estimates of $0.77 by $0.32. Virtu Financial had a net margin of 9.61% and a return on equity of 27.39%.

Virtu Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Friday, February 28th were given a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a dividend yield of 2.50%. The ex-dividend date was Friday, February 28th. Virtu Financial's dividend payout ratio is presently 32.32%.

Insider Transactions at Virtu Financial

In other news, COO Brett Fairclough sold 72,967 shares of Virtu Financial stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $36.84, for a total value of $2,688,104.28. Following the completion of the transaction, the chief operating officer now owns 90,749 shares in the company, valued at $3,343,193.16. This trade represents a 44.57 % 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, EVP Stephen Cavoli sold 34,000 shares of the stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $37.41, for a total value of $1,271,940.00. Following the sale, the executive vice president now owns 157,703 shares in the company, valued at approximately $5,899,669.23. This represents a 17.74 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 140,967 shares of company stock worth $5,213,964 in the last ninety days. Company insiders own 46.70% of the company's stock.

Institutional Investors Weigh In On Virtu Financial

Institutional investors and hedge funds have recently modified their holdings of the company. Wedge Capital Management L L P NC increased its holdings in Virtu Financial by 0.8% during the 1st quarter. Wedge Capital Management L L P NC now owns 33,397 shares of the financial services provider's stock worth $1,273,000 after acquiring an additional 281 shares during the period. Blue Trust Inc. increased its holdings in shares of Virtu Financial by 13.0% in the fourth quarter. Blue Trust Inc. now owns 2,794 shares of the financial services provider's stock worth $100,000 after purchasing an additional 322 shares during the period. Mariner LLC boosted its position in shares of Virtu Financial by 4.2% during the 4th quarter. Mariner LLC now owns 8,074 shares of the financial services provider's stock valued at $288,000 after acquiring an additional 324 shares during the last quarter. Hanseatic Management Services Inc. lifted its position in Virtu Financial by 1.2% during the fourth quarter. Hanseatic Management Services Inc. now owns 30,132 shares of the financial services provider's stock valued at $1,075,000 after purchasing an additional 371 shares during the last quarter. Finally, Cerity Partners LLC increased its holdings in shares of Virtu Financial by 2.7% in the 4th quarter. Cerity Partners LLC now owns 14,826 shares of the financial services provider's stock worth $516,000 after buying an additional 392 shares during the last quarter. 45.78% of the stock is owned by hedge funds and other institutional investors.

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.