Virtu Financial Stock Forecast, Price & News

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Virtu Financial in the last year. There are currently 1 sell rating, 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Virtu Financial stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in VIRT, but not buy additional shares or sell existing shares.
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Virtu Financial is scheduled to release its next quarterly earnings announcement on Friday, August 6th 2021.
View our earnings forecast for Virtu Financial.

Virtu Financial, Inc. (NASDAQ:VIRT) announced its earnings results on Tuesday, May, 4th. The financial services provider reported $2.04 EPS for the quarter, beating the consensus estimate of $1.30 by $0.74. The financial services provider had revenue of $728.03 million for the quarter, compared to analysts' expectations of $482.85 million. Virtu Financial had a trailing twelve-month return on equity of 45.67% and a net margin of 20.53%. The business's revenue was down 7.2% compared to the same quarter last year. During the same period in the previous year, the business earned $2.05 EPS.
View Virtu Financial's earnings history.

Virtu Financial's stock was trading at $24.15 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, VIRT shares have increased by 18.9% and is now trading at $28.72.
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Virtu Financial declared a quarterly dividend on Tuesday, May 4th. Stockholders of record on Tuesday, June 1st will be paid a dividend of $0.24 per share on Tuesday, June 15th. This represents a $0.96 dividend on an annualized basis and a yield of 3.34%. The ex-dividend date of this dividend is Friday, May 28th.
View Virtu Financial's dividend history.

Virtu Financial pays an annual dividend of $0.96 per share and currently has a dividend yield of 3.27%. Virtu Financial does not yet have a strong track record of dividend growth. The dividend payout ratio of Virtu Financial is 16.67%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Virtu Financial will have a dividend payout ratio of 35.16% next year. This indicates that Virtu Financial will be able to sustain or increase its dividend.
View Virtu Financial's dividend history.

7 brokers have issued 1-year price targets for Virtu Financial's shares. Their forecasts range from $24.00 to $35.00. On average, they anticipate Virtu Financial's share price to reach $30.21 in the next twelve months. This suggests a possible upside of 5.2% from the stock's current price.
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36 employees have rated Virtu Financial CEO Doug Cifu on Glassdoor.com. Doug Cifu has an approval rating of 85% among Virtu Financial's employees.

Some companies that are related to Virtu Financial include MarketAxess (MKTX), Raymond James (RJF), Nomura (NMR), SEI Investments (SEIC), Jefferies Financial Group (JEF), Stifel Financial (SF), UP Fintech (TIGR), Freedom (FRHC), Navient (NAVI), Piper Sandler Companies (PIPR), Piper Jaffray Companies (PJC), Cowen (COWN), WisdomTree Investments (WETF), Associated Capital Group (AC) and GAMCO Investors (GBL).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Virtu Financial investors own include Keane Group (FRAC), El Pollo Loco (LOCO), Advanced Micro Devices (AMD), BioCryst Pharmaceuticals (BCRX), NVIDIA (NVDA), VEREIT (VER), Alcoa (AA), Inovio Pharmaceuticals (INO), Intel (INTC) and La Jolla Pharmaceutical (LJPC).

(VIRT) raised $297 million in an initial public offering on Thursday, April 16th 2015. The company issued 16,500,000 shares at $17.00-$19.00 per share. Goldman Sachs, J.P. Morgan and Sandler O'Neill + Partners, L.P. served as the underwriters for the IPO and BMO Capital Markets, Citigroup, Credit Suisse, Evercore ISI, UBS Investment Bank, Academy Securities, CIBC, Mizuho Securities and Rosenblatt Securities were co-managers.

Virtu Financial trades on the NASDAQ under the ticker symbol "VIRT."

Virtu Financial's stock is owned by a variety of retail and institutional investors. Top institutional investors include William Blair Investment Management LLC (3.69%), Renaissance Technologies LLC (2.85%), BlackRock Inc. (2.08%), Ameriprise Financial Inc. (1.55%), Robeco Institutional Asset Management B.V. (1.19%) and AQR Capital Management LLC (0.91%). Company insiders that own Virtu Financial stock include Brett Fairclough, Douglas A Cifu, Holdings (Private) Ltd Temasek, Joseph C Grano and Sector Pension Investme Public.
View institutional ownership trends for Virtu Financial.

VIRT stock was sold by a variety of institutional investors in the last quarter, including Royce & Associates LP, Robeco Institutional Asset Management B.V., AGF Investments Inc., Peregrine Capital Management LLC, Nuveen Asset Management LLC, Man Group plc, Prana Capital Management LP, and Ground Swell Capital LLC.
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VIRT stock was acquired by a variety of institutional investors in the last quarter, including Ameriprise Financial Inc., William Blair Investment Management LLC, AQR Capital Management LLC, Los Angeles Capital Management LLC, Renaissance Technologies LLC, Great Lakes Advisors LLC, HighTower Advisors LLC, and Spence Asset Management.
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Shares of VIRT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of VIRT stock can currently be purchased for approximately $28.72.

Virtu Financial has a market capitalization of $5.45 billion and generates $3.24 billion in revenue each year. The financial services provider earns $649.20 million in net income (profit) each year or $5.76 on an earnings per share basis.

Virtu Financial employs 976 workers across the globe.

The official website for Virtu Financial is www.virtu.com.

Virtu Financial is headquartered at 165 BROADWAY, NEW YORK NY, 10006.

Virtu Financial's mailing address is 165 BROADWAY, NEW YORK NY, 10006. The financial services provider can be reached via phone at 212-418-0100 or via email at [email protected]