S&P 500   4,229.45
DOW   33,002.38
QQQ   354.92
Warren Buffett's company dumps another 5 million shares of printer maker HP
Would Buffett Approve of This Growth Strategy? (Ad)
Low PE Growth Stocks: Unlocking Investment Opportunities
3 Reliable Growing Dividends Near Rock-Bottom Prices
Would Buffett Approve of This Growth Strategy? (Ad)
Why Ralph Lauren Should Be On Your Holiday Wishlist
Stock market today: Wall Street futures inch higher as bond yields stabilize, oil prices slide
The Strategic Gold Play You Haven't Heard About (Ad)
5 Short Squeeze Candidates With Catalysts For Rebounds
EU announces plans to better protect its sensitive technologies from foreign snooping
S&P 500   4,229.45
DOW   33,002.38
QQQ   354.92
Warren Buffett's company dumps another 5 million shares of printer maker HP
Would Buffett Approve of This Growth Strategy? (Ad)
Low PE Growth Stocks: Unlocking Investment Opportunities
3 Reliable Growing Dividends Near Rock-Bottom Prices
Would Buffett Approve of This Growth Strategy? (Ad)
Why Ralph Lauren Should Be On Your Holiday Wishlist
Stock market today: Wall Street futures inch higher as bond yields stabilize, oil prices slide
The Strategic Gold Play You Haven't Heard About (Ad)
5 Short Squeeze Candidates With Catalysts For Rebounds
EU announces plans to better protect its sensitive technologies from foreign snooping
S&P 500   4,229.45
DOW   33,002.38
QQQ   354.92
Warren Buffett's company dumps another 5 million shares of printer maker HP
Would Buffett Approve of This Growth Strategy? (Ad)
Low PE Growth Stocks: Unlocking Investment Opportunities
3 Reliable Growing Dividends Near Rock-Bottom Prices
Would Buffett Approve of This Growth Strategy? (Ad)
Why Ralph Lauren Should Be On Your Holiday Wishlist
Stock market today: Wall Street futures inch higher as bond yields stabilize, oil prices slide
The Strategic Gold Play You Haven't Heard About (Ad)
5 Short Squeeze Candidates With Catalysts For Rebounds
EU announces plans to better protect its sensitive technologies from foreign snooping
S&P 500   4,229.45
DOW   33,002.38
QQQ   354.92
Warren Buffett's company dumps another 5 million shares of printer maker HP
Would Buffett Approve of This Growth Strategy? (Ad)
Low PE Growth Stocks: Unlocking Investment Opportunities
3 Reliable Growing Dividends Near Rock-Bottom Prices
Would Buffett Approve of This Growth Strategy? (Ad)
Why Ralph Lauren Should Be On Your Holiday Wishlist
Stock market today: Wall Street futures inch higher as bond yields stabilize, oil prices slide
The Strategic Gold Play You Haven't Heard About (Ad)
5 Short Squeeze Candidates With Catalysts For Rebounds
EU announces plans to better protect its sensitive technologies from foreign snooping
NASDAQ:VIRT

Virtu Financial (VIRT) Stock Forecast, Price & News

$17.20
-0.28 (-1.60%)
(As of 10/3/2023 ET)
Compare
Today's Range
$16.95
$17.37
50-Day Range
$16.89
$19.25
52-Week Range
$16.26
$23.38
Volume
1.32 million shs
Average Volume
1.09 million shs
Market Capitalization
$2.80 billion
P/E Ratio
12.65
Dividend Yield
5.58%
Price Target
$22.40

Virtu Financial MarketRank™ Forecast

Analyst Rating
Hold
2.40 Rating Score
Upside/​Downside
30.2% Upside
$22.40 Price Target
Short Interest
Healthy
2.19% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.38
Upright™ Environmental Score
News Sentiment
0.70mentions of Virtu Financial in the last 14 days
Based on 9 Articles This Week
Insider Trading
Acquiring Shares
$1.11 M Bought Last Quarter
Proj. Earnings Growth
17.46%
From $1.89 to $2.22 Per Share

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 stars

Finance Sector

32nd out of 872 stocks

Security Brokers & Dealers Industry

4th out of 25 stocks


VIRT stock logo

About Virtu Financial (NASDAQ:VIRT) Stock

Virtu 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.

VIRT Price History

VIRT Stock News Headlines

Virtu Financial (NASDAQ:VIRT) Lowered to "Sell" at StockNews.com
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.
Virtu Financial: Another Look
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.
Writing October 20 Calls On Virtu Financial
Wall Street Is Furious Over Rising Fines From SEC
Analyst Ratings for Virtu Finl
Positive Report for Virtu Financial (VIRT) from Citi
See 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.

VIRT Company Calendar

Last Earnings
7/26/2023
Ex-Dividend for 9/15 Dividend
8/31/2023
Dividend Payable
9/15/2023
Today
10/04/2023
Next Earnings (Confirmed)
11/02/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Security brokers & dealers
Sub-Industry
N/A
Sector
Finance
Current Symbol
NASDAQ:VIRT
Employees
993
Year Founded
N/A

Price 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 Rating
Hold
Rating Score (0-4)
2.40
Research Coverage
5 Analysts

Profitability

Net Income
$265.03 million
Pretax Margin
14.32%

Debt

Sales & Book Value

Annual Sales
$2.36 billion
Cash Flow
$2.71 per share
Book Value
$9.85 per share

Miscellaneous

Free Float
89,953,000
Market Cap
$2.80 billion
Optionable
Optionable
Beta
0.26
The Best High-Yield Dividend Stocks for 2023 Cover

Looking 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 Executives

  • Mr. Douglas A. Cifu J.D.Mr. Douglas A. Cifu J.D. (Age 58)
    Co-founder, CEO & Director
    Comp: $4.16M
  • Mr. Joseph A. Molluso (Age 54)
    Co-Pres & Co-COO
    Comp: $1.63M
  • Mr. Brett Michael Fairclough (Age 40)
    Co-Pres & Co-COO
    Comp: $1.63M
  • Mr. Vincent J. Viola (Age 67)
    Founder & Chairman Emeritus
  • Mr. Sean Patrick Galvin (Age 57)
    Exec. VP & CFO
    Comp: $780k
  • Mr. Stephen John Cavoli Sr. (Age 53)
    Exec. VP of Markets & Global Head of Execution Services
    Comp: $1.63M
  • Mr. Aaron Simons
    Exec. VP & CTO
  • Mr. Justin Waldie
    Sr. VP, Gen. Counsel & Sec.
  • Ms. Akiko Imai
    Global Head of New Sales
  • Mr. Andrew Smith
    Sr. VP of Global Bus. Devel. & Corp. Strategy













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
.

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

My Account -