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

Virtu Financial's stock was trading at $24.15 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, VIRT shares have decreased by 6.4% and is now trading at $22.60. View which stocks have been mosted impacted by Coronavirus.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Virtu Financial in the last year. There are currently 4 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Virtu Financial.

Virtu Financial is scheduled to release its next quarterly earnings announcement on Thursday, May 7th 2020. View our earnings forecast for Virtu Financial.

Virtu Financial will be holding an earnings conference call on Thursday, May 7th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Virtu Financial Inc (NASDAQ:VIRT) announced its quarterly earnings data on Tuesday, February, 11th. The financial services provider reported $0.27 earnings per share for the quarter, hitting analysts' consensus estimates of $0.27. The financial services provider had revenue of $257.20 million for the quarter, compared to analysts' expectations of $252.72 million. Virtu Financial had a negative net margin of 3.83% and a positive return on equity of 13.98%. The firm's quarterly revenue was down 14.0% compared to the same quarter last year. During the same quarter last year, the business earned $0.67 EPS. View Virtu Financial's earnings history.

Virtu Financial announced a quarterly dividend on Tuesday, February 11th. Stockholders of record on Monday, March 2nd will be paid a dividend of $0.24 per share on Monday, March 16th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 4.25%. The ex-dividend date is Friday, February 28th. View Virtu Financial's dividend history.

Virtu Financial issued an update on its fourth quarter earnings guidance on Monday, February, 3rd. The company provided earnings per share (EPS) guidance of $0.26-0.27 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.20.

7 equities research analysts have issued 12-month price targets for Virtu Financial's stock. Their forecasts range from $15.50 to $26.00. On average, they expect Virtu Financial's share price to reach $20.21 in the next twelve months. This suggests that the stock has a possible downside of 10.6%. View analysts' price targets for Virtu Financial.

Press coverage about VIRT stock has trended very negative recently, according to InfoTrie. The research group identifies negative and positive media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Virtu Financial earned a media sentiment score of -3.0 on InfoTrie's scale. They also assigned press coverage about the financial services provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutVirtu Financial.

Virtu Financial saw a decline in short interest in March. As of March 13th, there was short interest totaling 10,295,500 shares, a decline of 13.0% from the February 27th total of 11,830,000 shares. Based on an average daily volume of 2,006,300 shares, the short-interest ratio is presently 5.1 days. Approximately 16.1% of the shares of the stock are sold short. View Virtu Financial's Current Options Chain.

Some companies that are related to Virtu Financial include Interactive Brokers Group (IBKR), Nomura (NMR), MarketAxess (MKTX), Raymond James (RJF), SEI Investments (SEIC), Jefferies Financial Group (JEF), Stifel Financial (SF), Navient (NAVI), Future Healthcare of America (FUTU), Futu (FHL), Waddell & Reed Financial (WDR), Freedom (FRHC), Piper Sandler Companies (PIPR), Associated Capital Group (AC) and Piper Jaffray Companies (PJC).

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 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. 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 many different institutional and retail investors. Top institutional investors include FMR LLC (4.34%), William Blair Investment Management LLC (4.25%), Vaughan Nelson Investment Management L.P. (2.70%), Royce & Associates LP (2.10%), Artisan Partners Limited Partnership (1.01%) and Goldman Sachs Group Inc. (0.99%). 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 Vaughan Nelson Investment Management L.P., Natixis Advisors L.P., Barclays PLC, Rothschild & Co. Asset Management US Inc., Symphony Asset Management LLC, Keeley Teton Advisors LLC, Bank of America Corp DE, and Philadelphia Trust Co.. View insider buying and selling activity for Virtu Financial.

VIRT stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, Royce & Associates LP, Bank of New York Mellon Corp, William Blair Investment Management LLC, Goldman Sachs Group Inc., Hotchkis & Wiley Capital Management LLC, Credit Suisse AG, and Point72 Asset Management L.P.. 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 activity 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 $22.60.

Virtu Financial has a market capitalization of $4.34 billion and generates $1.53 billion in revenue each year. The financial services provider earns $-58,600,000.00 in net income (profit) each year or $0.61 on an earnings per share basis. Virtu Financial employs 1,012 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]