NASDAQ:VIRT Virtu Financial (VIRT) Stock Forecast, Price & News $17.20 -0.28 (-1.60%) (As of 10/3/2023 ET) Add Compare Share Share Today's Range$16.95▼$17.3750-Day Range$16.89▼$19.2552-Week Range$16.26▼$23.38Volume1.32 million shsAverage Volume1.09 million shsMarket Capitalization$2.80 billionP/E Ratio12.65Dividend Yield5.58%Price Target$22.40 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Virtu Financial MarketRank™ ForecastAnalyst RatingHold2.40 Rating ScoreUpside/Downside30.2% Upside$22.40 Price TargetShort InterestHealthy2.19% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.38Upright™ Environmental ScoreNews Sentiment0.70Based on 9 Articles This WeekInsider TradingAcquiring Shares$1.11 M Bought Last QuarterProj. Earnings Growth17.46%From $1.89 to $2.22 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.3.28 out of 5 starsFinance Sector32nd out of 872 stocksSecurity Brokers & Dealers Industry4th out of 25 stocks 3.2 Analyst's Opinion Consensus RatingVirtu Financial has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $22.40, Virtu Financial has a forecasted upside of 30.2% from its current price of $17.20.Amount of Analyst CoverageVirtu Financial has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.19% of the float of Virtu Financial has been sold short.Short Interest Ratio / Days to CoverVirtu Financial has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Virtu Financial has recently increased by 5.98%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipVirtu Financial is a leading dividend payer. It pays a dividend yield of 5.49%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthVirtu Financial does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Virtu Financial is 70.59%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Virtu Financial will have a dividend payout ratio of 43.24% next year. This indicates that Virtu Financial will be able to sustain or increase its dividend. Previous Next 3.3 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreVirtu Financial has received a 34.89% net impact score from Upright. Virtu Financial seems to create the most significant positive value in categories "Taxes", "Distributing knowledge", and "Creating knowledge". The positive contribution in the "Distributing knowledge" impact category is mostly driven by its "Financial performance management software", "Data flow management software", and "Financial data services" products. See details.Environmental SustainabilityThe Environmental Impact score for Virtu Financial is -0.38. Previous Next 3.2 News and Social Media Coverage News SentimentVirtu Financial has a news sentiment score of 0.70. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.60 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 9 news articles for Virtu Financial this week, compared to 6 articles on an average week.Search InterestOnly 2 people have searched for VIRT on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.MarketBeat Follows3 people have added Virtu Financial to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days. Previous Next 4.2 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Virtu Financial insiders have bought more of their company's stock than they have sold. Specifically, they have bought $1,110,550.00 in company stock and sold $0.00 in company stock.Percentage Held by Insiders44.80% of the stock of Virtu Financial is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions46.02% of the stock of Virtu Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Virtu Financial are expected to grow by 17.46% in the coming year, from $1.89 to $2.22 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Virtu Financial is 12.65, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 110.64.Price to Earnings Ratio vs. SectorThe P/E ratio of Virtu Financial is 12.65, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 60.45.Price to Book Value per Share RatioVirtu Financial has a P/B Ratio of 1.75. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Virtu Financial (NASDAQ:VIRT) StockVirtu Financial, Inc., a financial services company in New York. The company operates through two segments, Market Making and Execution Services. Its product suite includes offerings in execution, liquidity sourcing, analytics and broker-neutral, and multi-dealer platforms in workflow technology. The company's solutions enable clients to trade on various venues across countries and in multiple asset classes, including global equities, ETFs, foreign exchange, futures, fixed income, cryptocurrencies, and other commodities. Its analytics platform provides a range of pre- and post-trade services, data products, and compliance tools for clients to invest, trade, and manage risk across markets. The company was founded in 2008 and is headquartered in New York, New York.Read More VIRT Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart VIRT Stock News HeadlinesOctober 4, 2023 | americanbankingnews.comVirtu Financial (NASDAQ:VIRT) Lowered to "Sell" at StockNews.comOctober 3, 2023 | seekingalpha.comVirtu Financial: A Potentially Stronger Bear Trend On The HorizonOctober 4, 2023 | Wall Street Fundamentals (Ad)Would Buffett Approve of This Growth Strategy?Warren Buffett's approach has been to find and invest in undervalued businesses with strong potential for growth. Taking this approach to heart and applying it to a Trillion Dollar industry has proved itself in a big way...achieving an incredible 400+% growth during a down market.October 2, 2023 | msn.comVirtu Financial: Another LookOctober 2, 2023 | benzinga.comGroupama AM Expands Use of Virtu's Triton Valor EMS to Trade Fixed IncomeOctober 2, 2023 | finance.yahoo.comGroupama AM Expands Use of Virtu’s Triton Valor EMS to Trade Fixed IncomeSeptember 29, 2023 | finance.yahoo.comVirtu Financial Congratulates Sue Flood, Recipient of Excellence in Human Resources and Talent Management at the 2023 European Women in Finance AwardsSeptember 27, 2023 | msn.comGensler is testifying before Congress and facing increasing lawsuits over his many rule changesOctober 4, 2023 | Wall Street Fundamentals (Ad)Would Buffett Approve of This Growth Strategy?Warren Buffett's approach has been to find and invest in undervalued businesses with strong potential for growth. Taking this approach to heart and applying it to a Trillion Dollar industry has proved itself in a big way...achieving an incredible 400+% growth during a down market.September 27, 2023 | finance.yahoo.comWall Street-Backed Options Exchange Kicks Off Amid Peak VolumesSeptember 27, 2023 | finance.yahoo.comVirtu Financial to Host Conference Call Announcing Third Quarter 2023 Results on Thursday, November 2, 2023September 26, 2023 | forbes.comWriting October 20 Calls On Virtu FinancialSeptember 16, 2023 | finance.yahoo.comWall Street Is Furious Over Rising Fines From SECSeptember 14, 2023 | markets.businessinsider.comAnalyst Ratings for Virtu FinlSeptember 14, 2023 | finance.yahoo.comVirtu Stock Slid on News of SEC Suit. The CEO Bought Up Shares.September 14, 2023 | msn.comVirtu Financial sued by SEC over information-access policySeptember 14, 2023 | msn.comCitigroup Upgrades Virtu Financial Inc - (VIRT)September 14, 2023 | msn.comSEC sues Virtu Financial for misleading customers about security of their informationSeptember 14, 2023 | msn.comVirtu Financial CEO and COO buy shares - filingsSeptember 14, 2023 | msn.comVirtu Financial raised to Buy as Citi sees SEC-induced selloff as overdoneSeptember 14, 2023 | finance.yahoo.comUnveiling Virtu Financial (VIRT)'s Value: Is It Really Priced Right? A Comprehensive GuideSeptember 14, 2023 | markets.businessinsider.comPositive Report for Virtu Financial (VIRT) from CitiSeptember 13, 2023 | finance.yahoo.comInsider Buying: Co-President & Co-COO Joseph Molluso Acquires 15,000 Shares of Virtu ...September 13, 2023 | msn.comSEC files federal charges against financial company co-founded by Florida Panthers ownersSeptember 13, 2023 | msn.comVirtu Financial Stock (NASDAQ:VIRT) Drops on SEC LawsuitSeptember 12, 2023 | marketwatch.comSEC sues Virtu Financial, accusing it of leaving consumer data vulnerableSeptember 12, 2023 | finance.yahoo.comVirtu Staff Could Improperly Access Trade Information, SEC AllegesSee More Headlines Receive VIRT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Virtu Financial and its competitors with MarketBeat's FREE daily newsletter. Email Address VIRT Company Calendar Last Earnings7/26/2023Ex-Dividend for 9/15 Dividend8/31/2023Dividend Payable9/15/2023Today10/04/2023Next Earnings (Confirmed)11/02/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Security brokers & dealers Sub-IndustryN/A SectorFinance Current SymbolNASDAQ:VIRT CUSIPN/A CIK1592386 Webwww.virtu.com Phone(212) 418-0100Fax212-418-0123Employees993Year FoundedN/APrice Target and Rating Average Stock Price Forecast$22.40 High Stock Price Forecast$30.00 Low Stock Price Forecast$19.00 Forecasted Upside/Downside+30.2%Consensus RatingHold Rating Score (0-4)2.40 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$1.36 Trailing P/E Ratio12.65 Forward P/E Ratio9.10 P/E GrowthN/ANet Income$265.03 million Net Margins6.53% Pretax Margin14.32% Return on Equity18.21% Return on Assets2.53% Debt Debt-to-Equity Ratio1.15 Current Ratio0.50 Quick Ratio0.50 Sales & Book Value Annual Sales$2.36 billion Price / Sales1.19 Cash Flow$2.71 per share Price / Cash Flow6.35 Book Value$9.85 per share Price / Book1.75Miscellaneous Outstanding Shares162,960,000Free Float89,953,000Market Cap$2.80 billion OptionableOptionable Beta0.26 The Best High-Yield Dividend Stocks for 2023Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.Get This Free Report Key ExecutivesMr. Douglas A. Cifu J.D. (Age 58)Co-founder, CEO & Director Comp: $4.16MMr. Joseph A. Molluso (Age 54)Co-Pres & Co-COO Comp: $1.63MMr. Brett Michael Fairclough (Age 40)Co-Pres & Co-COO Comp: $1.63MMr. Vincent J. Viola (Age 67)Founder & Chairman Emeritus Mr. Sean Patrick Galvin (Age 57)Exec. VP & CFO Comp: $780kMr. Stephen John Cavoli Sr. (Age 53)Exec. VP of Markets & Global Head of Execution Services Comp: $1.63MMr. Aaron SimonsExec. VP & CTOMr. Justin WaldieSr. VP, Gen. Counsel & Sec.Ms. Akiko ImaiGlobal Head of New SalesMr. Andrew SmithSr. VP of Global Bus. Devel. & Corp. StrategyMore ExecutivesKey CompetitorsCredit Suisse GroupNYSE:CSPiper Sandler CompaniesNYSE:PIPRNavientNASDAQ:NAVIPiper Jaffray CompaniesNYSE:PJCWisdomTreeNYSE:WTView All CompetitorsInsiders & InstitutionsBarclays PLCSold 84,518 shares on 9/21/2023Ownership: 0.123%Douglas A CifuBought 50,000 shares on 9/13/2023Total: $853,000.00 ($17.06/share)Joseph MollusoBought 15,000 shares on 9/13/2023Total: $257,550.00 ($17.17/share)Farther Finance Advisors LLCBought 1,442 shares on 9/12/2023Ownership: 0.001%Portside Wealth Group LLCBought 140,231 shares on 9/1/2023Ownership: 0.086%View All Insider TransactionsView All Institutional Transactions VIRT Stock - Frequently Asked Questions Should I buy or sell Virtu Financial stock right now? 5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Virtu Financial in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" VIRT shares. 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. View VIRT analyst ratings or view top-rated stocks. What is Virtu Financial's stock price forecast for 2023? 5 analysts have issued twelve-month target prices for Virtu Financial's shares. Their VIRT share price forecasts range from $19.00 to $30.00. On average, they predict the company's stock price to reach $22.40 in the next twelve months. This suggests a possible upside of 30.2% from the stock's current price. View analysts price targets for VIRT or view top-rated stocks among Wall Street analysts. How have VIRT shares performed in 2023? Virtu Financial's stock was trading at $20.41 at the beginning of 2023. Since then, VIRT shares have decreased by 15.7% and is now trading at $17.20. View the best growth stocks for 2023 here. When is Virtu Financial's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023. View our VIRT earnings forecast. How can I listen to Virtu Financial's earnings call? Virtu Financial will be holding an earnings conference call on Thursday, November 2nd at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link. How were Virtu Financial's earnings last quarter? Virtu Financial, Inc. (NASDAQ:VIRT) released its quarterly earnings data on Wednesday, July, 26th. The financial services provider reported $0.29 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.33 by $0.04. The financial services provider earned $278.69 million during the quarter, compared to analysts' expectations of $290.67 million. Virtu Financial had a trailing twelve-month return on equity of 18.21% and a net margin of 6.53%. How often does Virtu Financial pay dividends? What is the dividend yield for Virtu Financial? Virtu Financial announced a quarterly dividend on Thursday, August 31st. Shareholders of record on Friday, September 1st will be paid a dividend of $0.24 per share on Friday, September 15th. This represents a $0.96 annualized dividend and a yield of 5.58%. The ex-dividend date of this dividend is Thursday, August 31st. Read our dividend analysis for VIRT. What ETFs hold Virtu Financial's stock? ETFs with the largest weight of Virtu Financial (NASDAQ:VIRT) stock in their portfolio include The Acquirers Fund (ZIG), Global SuperDividend US ETF (DIV), Schwab Crypto Thematic ETF (STCE), SPDR S&P Capital Markets ETF (KCE), Fidelity Disruptive Finance ETF (FDFF), First Trust Financial AlphaDEX Fund (FXO), VictoryShares US Small Cap High Div Volatility Wtd ETF (CSB) and WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS). Is Virtu Financial a good dividend stock? Virtu Financial (NASDAQ:VIRT) pays an annual dividend of $0.96 per share and currently has a dividend yield of 5.49%. VIRT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 70.59%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, VIRT will have a dividend payout ratio of 43.24% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for VIRT. What is Doug Cifu's approval rating as Virtu Financial's CEO? 36 employees have rated Virtu Financial Chief Executive Officer Doug Cifu on Glassdoor.com. Doug Cifu has an approval rating of 85% among the company's employees. What other stocks do shareholders of Virtu Financial own? 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). When did Virtu Financial IPO? (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. acted 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. What is Virtu Financial's stock symbol? Virtu Financial trades on the NASDAQ under the ticker symbol "VIRT." How do I buy shares of Virtu Financial? Shares of VIRT stock 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. Compare Top Brokerages Here. What is Virtu Financial's stock price today? One share of VIRT stock can currently be purchased for approximately $17.20. How much money does Virtu Financial make? Virtu Financial (NASDAQ:VIRT) has a market capitalization of $2.80 billion and generates $2.36 billion in revenue each year. The financial services provider earns $265.03 million in net income (profit) each year or $1.36 on an earnings per share basis. How many employees does Virtu Financial have? The company employs 993 workers across the globe. How can I contact Virtu Financial? Virtu Financial's mailing address is 165 BROADWAY, NEW YORK NY, 10006. The official website for the company is www.virtu.com. The financial services provider can be reached via phone at (212) 418-0100, via email at investor_relations@virtu.com, or via fax at 212-418-0123. This page (NASDAQ:VIRT) was last updated on 10/4/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Virtu Financial, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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