Virtu Financial (VIRT) Expected to Announce Quarterly Earnings on Thursday

Virtu Financial (NASDAQ:VIRT - Get Free Report) is expected to issue its Q2 2025 quarterly earnings data before the market opens on Thursday, July 17th. Analysts expect the company to announce earnings of $1.01 per share and revenue of $481.90 million for the quarter.

Virtu Financial (NASDAQ:VIRT - Get Free Report) last released its quarterly earnings data on Wednesday, April 23rd. The financial services provider reported $1.30 EPS for the quarter, topping analysts' consensus estimates of $0.99 by $0.31. Virtu Financial had a return on equity of 32.08% and a net margin of 10.43%. The company had revenue of $497.14 million for the quarter, compared to the consensus estimate of $444.23 million. During the same period last year, the business posted $0.76 EPS. The company's quarterly revenue was up 30.3% compared to the same quarter last year. On average, analysts expect Virtu Financial to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Virtu Financial Trading Down 0.2%

Shares of NASDAQ:VIRT traded down $0.11 during trading on Friday, reaching $43.94. 535,151 shares of the stock were exchanged, compared to its average volume of 1,055,458. The firm's 50-day moving average price is $42.17 and its 200 day moving average price is $38.93. The firm has a market cap of $6.78 billion, a price-to-earnings ratio of 12.70, a price-to-earnings-growth ratio of 1.14 and a beta of 0.70. Virtu Financial has a 12-month low of $22.50 and a 12-month high of $45.12. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.49 and a current ratio of 0.49.

Virtu Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 16th. Shareholders of record on Friday, May 30th were given a dividend of $0.24 per share. The ex-dividend date of this dividend was Friday, May 30th. This represents a $0.96 dividend on an annualized basis and a yield of 2.18%. Virtu Financial's dividend payout ratio (DPR) is 27.75%.

Insider Transactions at Virtu Financial

In other news, CEO Douglas A. Cifu sold 177,561 shares of the stock in a transaction that occurred on Monday, April 28th. The stock was sold at an average price of $38.88, for a total transaction of $6,903,571.68. Following the completion of the transaction, the chief executive officer directly owned 231,306 shares in the company, valued at approximately $8,993,177.28. This represents a 43.43% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director John Nixon sold 6,965 shares of the firm's stock in a transaction that occurred on Tuesday, May 13th. The stock was sold at an average price of $42.82, for a total transaction of $298,241.30. Following the sale, the director directly owned 33,923 shares of the company's stock, valued at $1,452,582.86. The trade was a 17.03% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 362,846 shares of company stock worth $14,079,615. Corporate insiders own 47.20% of the company's stock.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in VIRT. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of Virtu Financial by 13.4% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 226,233 shares of the financial services provider's stock valued at $8,624,000 after purchasing an additional 26,743 shares in the last quarter. Empowered Funds LLC acquired a new position in Virtu Financial in the first quarter worth about $1,934,000. United Services Automobile Association bought a new stake in Virtu Financial in the first quarter valued at about $222,000. Finally, Jones Financial Companies Lllp raised its stake in Virtu Financial by 1,624.1% during the first quarter. Jones Financial Companies Lllp now owns 1,000 shares of the financial services provider's stock valued at $38,000 after buying an additional 942 shares in the last quarter. 45.78% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts have recently commented on VIRT shares. Wall Street Zen downgraded shares of Virtu Financial from a "buy" rating to a "hold" rating in a research note on Saturday, May 24th. Bank of America lowered Virtu Financial from a "buy" rating to a "neutral" rating and set a $43.00 price objective on the stock. in a research report on Thursday, May 15th. Morgan Stanley upped their target price on Virtu Financial from $26.00 to $28.00 and gave the stock an "underweight" rating in a research report on Thursday, April 24th. UBS Group reiterated a "neutral" rating and set a $40.00 target price (up from $38.00) on shares of Virtu Financial in a report on Thursday, April 24th. Finally, JPMorgan Chase & Co. upped their price target on Virtu Financial from $37.00 to $39.00 and gave the stock a "neutral" rating in a report on Thursday, April 24th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and an average price target of $37.25.

Virtu Financial Company Profile

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.