NASDAQ:VIRT - Virtu Financial Stock Price, Forecast & News

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

Virtu Financial announced a quarterly dividend on Tuesday, November 5th. Shareholders of record on Monday, December 2nd will be given a dividend of $0.24 per share on Monday, December 16th. This represents a $0.96 annualized dividend and a yield of 6.28%. The ex-dividend date of this dividend is Friday, November 29th. View Virtu Financial's Dividend History.

Virtu Financial announced that its board has initiated a stock buyback program on Thursday, February 8th 2018, which allows the company to repurchase $50,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are usually an indication that the company's management believes its stock is undervalued.

Virtu Financial Inc (NASDAQ:VIRT) posted its earnings results on Tuesday, November, 5th. The financial services provider reported $0.21 earnings per share (EPS) for the quarter, hitting the Zacks' consensus estimate of $0.21. The financial services provider earned $245 million during the quarter, compared to analysts' expectations of $241.79 million. Virtu Financial had a net margin of 2.55% and a return on equity of 18.75%. The company's quarterly revenue was up 37.7% compared to the same quarter last year. During the same period in the prior year, the business earned $0.22 earnings per share. View Virtu Financial's Earnings History.

Virtu Financial is scheduled to release their next quarterly earnings announcement on Tuesday, February 11th 2020. View Earnings Estimates for Virtu Financial.

Virtu Financial will be holding an earnings conference call on Tuesday, February 11th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

7 brokers have issued 1-year price targets for Virtu Financial's shares. Their forecasts range from $15.50 to $29.00. On average, they expect Virtu Financial's stock price to reach $19.93 in the next twelve months. This suggests a possible upside of 30.3% from the stock's current price. View Analyst Price Targets for Virtu Financial.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Virtu Financial in the last year. There are currently 5 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Virtu Financial.

Headlines about VIRT stock have been trending somewhat positive this week, InfoTrie reports. The research firm rates the sentiment of news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Virtu Financial earned a news sentiment score of 1.0 on InfoTrie's scale. They also gave headlines about the financial services provider a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the near future. View News Stories for Virtu Financial.

Virtu Financial saw a drop in short interest in December. As of December 31st, there was short interest totalling 11,730,000 shares, a drop of 6.5% from the December 15th total of 12,540,000 shares. Based on an average daily trading volume, of 867,200 shares, the days-to-cover ratio is currently 13.5 days. Approximately 15.6% of the shares of the stock are short sold. View Virtu Financial's Current Options Chain.

Some companies that are related to Virtu Financial include SEI Investments (SEIC), Jefferies Financial Group (JEF), Stifel Financial (SF), Navient (NAVI), Future Healthcare of America (FUTU), Futu (FHL), Piper Jaffray Companies (PJC), Waddell & Reed Financial (WDR), Associated Capital Group (AC), Freedom (FRHC), Wisdom Tree Investments (WETF), Cowen (COWN), Gamco Investors (GBL), Oppenheimer (OPY) and Greenhill & Co., Inc. (GHL).

Based on aggregate information from My MarketBeat watchlists, some companies that other Virtu Financial investors own include Keane Group (FRAC), El Pollo LoCo (LOCO), BioCryst Pharmaceuticals (BCRX), Vereit (VER), Alcoa (AA), Advanced Micro Devices (AMD), La Jolla Pharmaceutical (LJPC), Inovio Pharmaceuticals (INO), Exelixis (EXEL) and General Electric (GE).

(VIRT) raised $297 million in an initial public offering (IPO) on Thursday, April 16th 2015. The company issued 16,500,000 shares at a price of $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.

Virtu Financial's stock is owned by a number of of retail and institutional investors. Top institutional investors include Peregrine Capital Management LLC (0.36%), Janney Montgomery Scott LLC (0.10%), New England Research & Management Inc. (0.02%), Advisors Capital Management LLC (0.01%), Nisa Investment Advisors LLC (0.01%) and Sciencast Management LP (0.01%). Company insiders that own Virtu Financial stock include Douglas A Cifu, Holdings (Private) Ltd Temasek, John Nixon, Joseph Molluso, Stephen Cavoli and Tjmt Holdings Llc. View Institutional Ownership Trends for Virtu Financial.

VIRT stock was sold by a variety of institutional investors in the last quarter, including New England Research & Management Inc., Nisa Investment Advisors LLC and Peregrine Capital Management LLC. Company insiders that have sold Virtu Financial company stock in the last year include Douglas A Cifu and Stephen Cavoli. View Insider Buying and Selling for Virtu Financial.

VIRT stock was acquired by a variety of institutional investors in the last quarter, including Janney Montgomery Scott LLC, Advisors Capital Management LLC, Sciencast Management LP and FNY Investment Advisers LLC. Company insiders that have bought Virtu Financial stock in the last two years include Douglas A Cifu and John Nixon. View Insider Buying and Selling for Virtu Financial.

Shares of VIRT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of VIRT stock can currently be purchased for approximately $15.29.

Virtu Financial has a market capitalization of $2.92 billion and generates $1.88 billion in revenue each year. The financial services provider earns $289.44 million in net income (profit) each year or $1.96 on an earnings per share basis. Virtu Financial employs 483 workers across the globe.View Additional Information About Virtu Financial.

The official website for Virtu Financial is http://www.virtu.com/.

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]