Zacks Research Expects Stronger Earnings for Virtu Financial

Virtu Financial, Inc. (NASDAQ:VIRT - Free Report) - Equities researchers at Zacks Research boosted their Q2 2025 earnings per share estimates for Virtu Financial in a research report issued on Monday, June 16th. Zacks Research analyst K. Dey now forecasts that the financial services provider will earn $0.79 per share for the quarter, up from their prior estimate of $0.78. 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 Q4 2025 earnings at $0.67 EPS, Q2 2026 earnings at $0.79 EPS and Q1 2027 earnings at $0.96 EPS.

VIRT has been the topic of a number of other reports. Evercore ISI upped their price target on Virtu Financial from $41.00 to $42.00 and gave the stock an "in-line" rating in a research note on Thursday, April 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. Bank of America cut shares of Virtu Financial from a "buy" rating to a "neutral" rating and set a $43.00 price objective for the company. in a research note on Thursday, May 15th. Wall Street Zen lowered shares of Virtu Financial from a "buy" rating to a "hold" rating in a research note on Saturday, May 24th. Finally, Morgan Stanley raised their target price on shares of Virtu Financial from $26.00 to $28.00 and gave the stock an "underweight" rating in a report on Thursday, April 24th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $37.25.

Virtu Financial Price Performance

NASDAQ:VIRT traded down $0.21 during trading hours on Thursday, hitting $42.47. 952,025 shares of the stock were exchanged, compared to its average volume of 1,077,844. The company has a current ratio of 0.49, a quick ratio of 0.49 and a debt-to-equity ratio of 1.11. The firm's fifty day moving average price is $40.66 and its 200 day moving average price is $38.14. The company has a market cap of $6.55 billion, a P/E ratio of 12.27, a P/E/G ratio of 1.14 and a beta of 0.68. Virtu Financial has a 52-week low of $21.59 and a 52-week high of $44.58.

Virtu Financial (NASDAQ:VIRT - Get Free Report) last announced its quarterly earnings results on Wednesday, April 23rd. The financial services provider reported $1.30 earnings per share (EPS) for the quarter, beating 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 business 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 business's revenue was up 30.3% compared to the same quarter last year.

Virtu Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, June 16th. Investors of record on Friday, May 30th were given a dividend of $0.24 per share. The ex-dividend date was Friday, May 30th. This represents a $0.96 annualized dividend and a yield of 2.26%. Virtu Financial's dividend payout ratio is presently 27.75%.

Insiders Place Their Bets

In other Virtu Financial news, CEO Douglas A. Cifu sold 178,320 shares of the business's stock in a transaction dated Friday, April 25th. The stock was sold at an average price of $38.57, for a total value of $6,877,802.40. Following the completion of the transaction, the chief executive officer now owns 408,867 shares of the company's stock, valued at approximately $15,770,000.19. The trade was a 30.37% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director John Nixon sold 6,965 shares of the business's stock in a transaction that occurred on Tuesday, May 13th. The shares were sold at an average price of $42.82, for a total value of $298,241.30. Following the transaction, the director now owns 33,923 shares of the company's stock, valued at approximately $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. In the last 90 days, insiders sold 362,846 shares of company stock worth $14,079,615. 47.20% of the stock is currently owned by insiders.

Institutional Trading of Virtu Financial

Several hedge funds have recently modified their holdings of VIRT. Brooklyn Investment Group raised its holdings in Virtu Financial by 243.0% in the first quarter. Brooklyn Investment Group now owns 782 shares of the financial services provider's stock worth $30,000 after purchasing an additional 554 shares in the last quarter. Kestra Investment Management LLC acquired a new stake in Virtu Financial in the 4th quarter valued at about $28,000. Financial Management Professionals Inc. acquired a new stake in shares of Virtu Financial during the 1st quarter worth about $32,000. Smartleaf Asset Management LLC grew its stake in Virtu Financial by 172.7% during the 4th quarter. Smartleaf Asset Management LLC now owns 870 shares of the financial services provider's stock worth $31,000 after buying an additional 551 shares during the last quarter. Finally, Jones Financial Companies Lllp grew its stake in shares of Virtu Financial by 1,624.1% in the 1st quarter. Jones Financial Companies Lllp now owns 1,000 shares of the financial services provider's stock valued at $38,000 after purchasing an additional 942 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.