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

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

Virtu Financial declared a quarterly dividend on Thursday, November 8th. Investors of record on Friday, November 30th will be paid a dividend of $0.24 per share on Friday, December 14th. This represents a $0.96 annualized dividend and a yield of 3.70%. The ex-dividend date is Thursday, November 29th. View Virtu Financial's Dividend History.

Virtu Financial declared that its Board of Directors has approved a stock buyback plan on Thursday, February 8th 2018, which allows the company to repurchase $50,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are often an indication that the company's board believes its stock is undervalued.

Virtu Financial Inc (NASDAQ:VIRT) announced its quarterly earnings data on Wednesday, November, 7th. The financial services provider reported $0.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.19 by $0.03. The financial services provider earned $177.92 million during the quarter, compared to the consensus estimate of $171.99 million. Virtu Financial had a net margin of 12.32% and a return on equity of 19.85%. The firm's revenue for the quarter was up 11.3% compared to the same quarter last year. During the same period in the prior year, the business posted $0.08 earnings per share. View Virtu Financial's Earnings History.

Virtu Financial is scheduled to release their next quarterly earnings announcement on Thursday, February 14th 2019. View Earnings Estimates for Virtu Financial.

10 Wall Street analysts have issued 1-year price objectives for Virtu Financial's stock. Their predictions range from $23.00 to $38.00. On average, they expect Virtu Financial's stock price to reach $29.20 in the next year. This suggests a possible upside of 12.4% from the stock's current price. View Analyst Price Targets for Virtu Financial.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Virtu Financial in the last year. There are currently 6 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Virtu Financial.

Media stories about VIRT stock have been trending somewhat positive recently, InfoTrie reports. The research firm identifies positive and negative press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Virtu Financial earned a news sentiment score of 1.9 on InfoTrie's scale. They also gave news headlines about the financial services provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the immediate future.

Some companies that are related to Virtu Financial include Nomura (NMR), Raymond James (RJF), MarketAxess (MKTX), SEI Investments (SEIC), Stifel Financial (SF), Navient (NAVI), Waddell & Reed Financial (WDR), Piper Jaffray Companies (PJC), Wisdom Tree Investments (WETF), Investment Technology Group (ITG), Associated Capital Group (AC), Greenhill & Co., Inc. (GHL), Gamco Investors (GBL), Freedom (FRHC) and Cowen (COWN).

(VIRT) raised $297 million in an initial public offering 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 many different of retail and institutional investors. Top institutional investors include National Investment Services Inc. WI (0.06%), Navellier & Associates Inc (0.02%), Fox Run Management L.L.C. (0.01%) and Bogart Wealth LLC (0.00%). Company insiders that own Virtu Financial stock include Douglas A Cifu, Holdings (Private) Ltd Temasek, John Nixon, Joseph Molluso, North Island Ventures, Llc 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 Navellier & Associates Inc. Company insiders that have sold Virtu Financial company stock in the last year include Douglas A Cifu, Holdings (Private) Ltd Temasek, Joseph Molluso and Tjmt Holdings Llc. View Insider Buying and Selling for Virtu Financial.

VIRT stock was acquired by a variety of institutional investors in the last quarter, including National Investment Services Inc. WI, Fox Run Management L.L.C. and Bogart Wealth LLC. Company insiders that have bought Virtu Financial stock in the last two years include Holdings (Private) Ltd Temasek, John Nixon, North Island Ventures, Llc and Tjmt Holdings Llc. 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, Scottrade, Fidelity and Charles Schwab.

One share of VIRT stock can currently be purchased for approximately $25.98.

Virtu Financial has a market capitalization of $5.00 billion and generates $1.02 billion in revenue each year. The financial services provider earns $2.93 million in net income (profit) each year or $0.57 on an earnings per share basis. Virtu Financial employs 560 workers across the globe.

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

Virtu Financial's mailing address is 300 VESEY STREET, NEW YORK NY, 10282. The financial services provider can be reached via phone at 212-418-0100 or via email at [email protected]