Virtu Financial, Inc. (NASDAQ:VIRT - Free Report) - Equities research analysts at Zacks Research increased their Q3 2026 earnings per share estimates for shares of Virtu Financial in a report issued on Tuesday, September 16th. Zacks Research analyst Team now expects that the financial services provider will earn $0.85 per share for the quarter, up from their previous estimate of $0.84. 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 FY2026 earnings at $3.47 EPS and Q1 2027 earnings at $0.95 EPS.
Other analysts have also recently issued research reports about the company. UBS Group reaffirmed a "neutral" rating and issued a $45.00 price target (up previously from $40.00) on shares of Virtu Financial in a report on Monday, August 4th. Morgan Stanley raised their price target on Virtu Financial from $31.00 to $35.00 and gave the company an "underweight" rating in a report on Tuesday, July 15th. Piper Sandler raised their price target on Virtu Financial from $44.00 to $48.00 and gave the company an "overweight" rating in a report on Tuesday, July 15th. Finally, Wall Street Zen lowered Virtu Financial from a "buy" rating to a "hold" rating in a research report on Saturday, May 24th. Two research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $39.75.
Check Out Our Latest Report on Virtu Financial
Virtu Financial Stock Performance
Shares of VIRT stock traded up $0.21 on Thursday, hitting $35.42. 1,665,588 shares of the stock were exchanged, compared to its average volume of 974,129. The firm's 50 day moving average is $41.47 and its two-hundred day moving average is $40.41. The firm has a market capitalization of $5.42 billion, a PE ratio of 10.24, a P/E/G ratio of 1.14 and a beta of 0.69. The company has a current ratio of 0.49, a quick ratio of 0.49 and a debt-to-equity ratio of 1.11. Virtu Financial has a one year low of $29.82 and a one year high of $45.77.
Institutional Investors Weigh In On Virtu Financial
A number of large investors have recently made changes to their positions in the business. Penserra Capital Management LLC purchased a new position in shares of Virtu Financial in the 1st quarter valued at approximately $54,000. Vontobel Holding Ltd. purchased a new position in shares of Virtu Financial in the 1st quarter valued at approximately $231,000. Mirae Asset Global Investments Co. Ltd. raised its stake in Virtu Financial by 3,319.6% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 10,635 shares of the financial services provider's stock valued at $405,000 after buying an additional 10,324 shares during the last quarter. Principal Financial Group Inc. raised its stake in Virtu Financial by 2.4% during the first quarter. Principal Financial Group Inc. now owns 401,117 shares of the financial services provider's stock valued at $15,291,000 after buying an additional 9,569 shares during the last quarter. Finally, Victory Capital Management Inc. raised its stake in Virtu Financial by 92.3% during the first quarter. Victory Capital Management Inc. now owns 107,761 shares of the financial services provider's stock valued at $4,108,000 after buying an additional 51,713 shares during the last quarter. 45.78% of the stock is currently owned by institutional investors.
Insider Transactions at Virtu Financial
In related news, COO Brett Fairclough sold 90,701 shares of the firm's stock in a transaction that occurred on Thursday, August 7th. The stock was sold at an average price of $42.40, for a total transaction of $3,845,722.40. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 47.20% of the stock is currently owned by insiders.
Virtu Financial Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Monday, September 15th. Investors of record on Monday, September 1st were given a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a yield of 2.7%. The ex-dividend date was Friday, August 29th. Virtu Financial's dividend payout ratio (DPR) is presently 21.82%.
About Virtu Financial
(
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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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