NASDAQ:VIRT Virtu Financial (VIRT) Stock Forecast, Price & News $17.73 +0.14 (+0.80%) (As of 10:58 AM ET) Add Compare Share Share Today's Range$17.49▼$17.8450-Day Range$16.86▼$20.0552-Week Range$16.26▼$26.22Volume120,524 shsAverage Volume1.25 million shsMarket Capitalization$2.91 billionP/E Ratio8.95Dividend Yield5.41%Price Target$24.29 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Virtu Financial MarketRank™ ForecastAnalyst RatingHold2.33 Rating ScoreUpside/Downside38.1% Upside$24.29 Price TargetShort InterestHealthy1.64% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.38Upright™ Environmental ScoreNews Sentiment0.44Based on 18 Articles This WeekInsider TradingBalancedInsiders Both Buying and SellingProj. Earnings Growth11.21%From $2.14 to $2.38 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.3.24 out of 5 starsFinance Sector46th out of 901 stocksSecurity Brokers & Dealers Industry2nd 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 2.33, and is based on 2 buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $24.29, Virtu Financial has a forecasted upside of 38.1% from its current price of $17.59.Amount of Analyst CoverageVirtu Financial has only been the subject of 2 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.64% 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 1.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Virtu Financial has recently decreased by 15.93%, indicating that investor sentiment is improving significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipVirtu Financial is a leading dividend payer. It pays a dividend yield of 5.39%, 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 48.48%. 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 40.34% 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 3.0 News and Social Media Coverage News SentimentVirtu Financial has a news sentiment score of 0.44. 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 lower news sentiment than the 0.59 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 18 news articles for Virtu Financial this week, compared to 6 articles on an average week.Search Interest2 people have searched for VIRT on MarketBeat in the last 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 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Virtu Financial insiders have sold just slightly more of their company's stock than they have bought. Specifically, they have bought $842,500.00 in company stock and sold $969,500.00 in company stock. It is common for insiders to sell company stock at intervals simply to diversify their holdings.Percentage Held by Insiders42.10% 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 Institutions50.17% 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 2.5 Earnings and Valuation Earnings GrowthEarnings for Virtu Financial are expected to grow by 11.21% in the coming year, from $2.14 to $2.38 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Virtu Financial is 8.88, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.76.Price to Earnings Ratio vs. SectorThe P/E ratio of Virtu Financial is 8.88, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 156.94.Price to Book Value per Share RatioVirtu Financial has a P/B Ratio of 1.77. 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. engages in the provision of market making and liquidity services. It operates through the following segments: Market Making, Execution Services and Corporate. The Market Making segment engages in the buying and selling of securities and other financial instruments. The Execution Services segment agency offers trading venues that provide transparent trading in global equities, ETFs, and fixed income to institutions, banks and broker dealers. The Corporate segment consists of investments in strategic financial services-oriented opportunities and maintains corporate overhead expenses and all other income and expenses that are not attributable to the other segments. The company was founded by Vincent J. Viola and Douglas Cifu in 2008 and is headquartered in New York, NY.Read More 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 Stock News HeadlinesMay 31, 2023 | markets.businessinsider.comBaruch College's Master of Financial Engineering Program Ranks #1 in Global RankingMay 31, 2023 | benzinga.comSHAREHOLDER ACTION NOTICE: The Schall Law Firm Encourages Investors in Virtu Financial, Inc. with Losses of $100,000 to Contact the FirmJune 1, 2023 | Edge On The Street (Ad)ChatGPT Is Already "Old School"As good as ChatGPT is at writing content, it still doesn't understand what it's saying. But a new AI technology breakthrough will understand and process information like a human. One young company is leading the way.May 30, 2023 | markets.businessinsider.comVirtu Shareholder Action ReminderMay 30, 2023 | forbes.comEarn Dividend Tomorrow With Virtu Financial Buy Write TodayMay 30, 2023 | technews.tmcnet.comInvestor Alert: Bronstein, Gewirtz & Grossman, LLC Notifies Virtu Financial, Inc. (VIRT) Investors of Class Action and to Actively ParticipateMay 28, 2023 | benzinga.comROSEN, A TOP RANKED LAW FIRM, Encourages Virtu Financial, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - VIRTMay 28, 2023 | benzinga.comThe Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of Virtu Financial, Inc. (VIRT) InvestorsJune 1, 2023 | Edge On The Street (Ad)AI Getting Close to Thinking Like HumansTechnology experts working with neuroscientists have created the world's first Artificial Intelligence Network Operating System. AI can now process information like the human brain and understand the world the way humans do.May 26, 2023 | barrons.comINVESTOR ALERT: Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of Virtu Financial, Inc. (VIRT) InvestorsMay 26, 2023 | businesswire.comVirtu Financial, Inc. (VIRT) Class Action Alert: Robbins LLP Reminds Investors of Lead Plaintiff Deadline in Virtu Financial, Inc. Securities Class ActionMay 26, 2023 | benzinga.comINVESTOR ACTION NOTICE: The Schall Law Firm Encourages Investors in Virtu Financial, Inc. with Losses of $100,000 to Contact the FirmMay 26, 2023 | benzinga.comKessler Topaz Meltzer & Check, LLP Announces a Securities Fraud Class Action Filed Against Virtu Financial, Inc. (VIRT)May 26, 2023 | finance.yahoo.comIs It Smart To Buy Virtu Financial, Inc. (NASDAQ:VIRT) Before It Goes Ex-Dividend?May 25, 2023 | benzinga.comINVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Virtu Financial, Inc. (VIRT) on Behalf of InvestorsMay 25, 2023 | stockhouse.comVIRT LAWSUIT ALERT: Levi & Korsinsky Notifies Virtu Financial, Inc. Investors of a Class Action Lawsuit and Upcoming DeadlineMay 25, 2023 | stockhouse.comINVESTOR ACTION REMINDER: The Schall Law Firm Encourages Investors in Virtu Financial, Inc. with Losses of $100,000 to Contact the FirmMay 25, 2023 | americanbankingnews.comVirtu Financial, Inc. (NASDAQ:VIRT) Receives Consensus Rating of "Hold" from BrokeragesMay 25, 2023 | benzinga.comThe Law Offices of Frank R. Cruz Announces Investigation of Virtu Financial, Inc. (VIRT) on Behalf of InvestorsMay 23, 2023 | benzinga.comVirtu Financial, Inc. (VIRT) Shareholder Notice: Robbins LLP Reminds Investors of Class Action Against Virtu Financial, Inc.May 23, 2023 | benzinga.comVirtu Shareholder NoticeMay 22, 2023 | benzinga.comVirtu Deadline AlertMay 22, 2023 | benzinga.comGainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against Virtu Financial, Inc. (VIRT)May 22, 2023 | benzinga.comSHAREHOLDER ACTION REMINDER: The Schall Law Firm Encourages Investors in Virtu Financial, Inc. with Losses of $100,000 to Contact the FirmMay 21, 2023 | benzinga.comSHAREHOLDER ACTION ALERT: The Schall Law Firm Encourages Investors in Virtu Financial, Inc. with Losses of $100,000 to Contact the FirmMay 20, 2023 | benzinga.comPomerantz Law Firm Announces the Filing of a Class Action Against Virtu Financial, Inc. and Certain Officers - VIRTMay 19, 2023 | benzinga.comShareholder Alert: Robbins LLP Informs Investors of Class Action Against Virtu Financial, Inc. (VIRT)See More Headlines VIRT Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart VIRT Company Calendar Ex-Dividend for 3/15 Dividend2/28/2023Dividend Payable3/15/2023Last Earnings4/20/2023Ex-Dividend for 6/15 Dividend5/31/2023Today6/01/2023Dividend Payable6/15/2023Next Earnings (Estimated)7/27/2023Fiscal 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) 418-0100Fax212-418-0123Employees973Year FoundedN/APrice Target and Rating Average Stock Price Forecast$24.29 High Stock Price Forecast$30.00 Low Stock Price Forecast$20.00 Forecasted Upside/Downside+38.1%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$1.98 Trailing P/E Ratio8.88 Forward P/E Ratio8.22 P/E GrowthN/ANet Income$265.03 million Net Margins9.26% Pretax Margin19.78% Return on Equity22.53% Return on Assets3.37% Debt Debt-to-Equity Ratio1.09 Current Ratio0.53 Quick Ratio0.53 Sales & Book Value Annual Sales$2.36 billion Price / Sales1.22 Cash Flow$2.72 per share Price / Cash Flow6.46 Book Value$9.95 per share Price / Book1.77Miscellaneous Outstanding Shares164,370,000Free Float95,171,000Market Cap$2.89 billion OptionableOptionable Beta0.21 Key ExecutivesDouglas A. CifuChief Executive Officer & DirectorBrett FaircloughCo-President & Co-Chief Operating OfficerJoseph MollusoCo-President & Co-Chief Operating OfficerSean P. GalvinChief Financial OfficerAaron SimonsChief Technology Officer & Executive VPKey CompetitorsCredit Suisse GroupNYSE:CSPiper Sandler CompaniesNYSE:PIPRNavientNASDAQ:NAVIPiper Jaffray CompaniesNYSE:PJCWisdomTreeNYSE:WTView All CompetitorsInsiders & InstitutionsToroso Investments LLCBought 1,418 shares on 5/23/2023Ownership: 0.041%Ameriprise Financial Inc.Bought 199,963 shares on 5/22/2023Ownership: 1.967%Putnam Investments LLCSold 27,653 shares on 5/22/2023Ownership: 0.103%Sparta 24 Ltd.Bought 175,073 shares on 5/19/2023Ownership: 0.107%New York State Common Retirement FundSold 10,395 shares on 5/18/2023Ownership: 0.064%View All Insider TransactionsView All Institutional Transactions VIRT Stock - Frequently Asked Questions Should I buy or sell Virtu Financial stock right now? 6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Virtu Financial in the last year. There are currently 4 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? 6 brokerages have issued 1 year price objectives for Virtu Financial's stock. Their VIRT share price forecasts range from $20.00 to $30.00. On average, they expect the company's stock price to reach $24.29 in the next year. This suggests a possible upside of 38.1% 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 on January 1st, 2023. Since then, VIRT stock has decreased by 13.8% and is now trading at $17.59. View the best growth stocks for 2023 here. Are investors shorting Virtu Financial? Virtu Financial saw a decline in short interest during the month of May. As of May 15th, there was short interest totaling 1,530,000 shares, a decline of 15.9% from the April 30th total of 1,820,000 shares. Based on an average daily trading volume, of 1,230,000 shares, the days-to-cover ratio is presently 1.2 days. Approximately 1.6% of the company's shares are short sold. View Virtu Financial's Short Interest. When is Virtu Financial's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, July 27th 2023. View our VIRT earnings forecast. How were Virtu Financial's earnings last quarter? Virtu Financial, Inc. (NASDAQ:VIRT) released its quarterly earnings results on Thursday, April, 20th. The financial services provider reported $0.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.53 by $0.09. The financial services provider earned $373.08 million during the quarter, compared to analysts' expectations of $326.19 million. Virtu Financial had a net margin of 9.26% and a trailing twelve-month return on equity of 22.53%. How often does Virtu Financial pay dividends? What is the dividend yield for Virtu Financial? Virtu Financial declared a quarterly dividend on Thursday, April 20th. Investors of record on Thursday, June 1st will be given a dividend of $0.24 per share on Thursday, June 15th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 5.46%. The ex-dividend date of this dividend is Wednesday, May 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 Timothy Plan Market Neutral ETF (TPMN), Amplify Digital & Online Trading ETF (BIDS), The Acquirers Fund (ZIG), Global SuperDividend US ETF (DIV), Schwab Crypto Thematic ETF (STCE), SPDR S&P Capital Markets ETF (KCE), First Trust Financial AlphaDEX Fund (FXO) and VictoryShares US Small Cap High Div Volatility Wtd ETF (CSB). 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 5.40%. VIRT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 48.48%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, VIRT will have a dividend payout ratio of 40.34% 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 (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. What is Virtu Financial's stock symbol? Virtu Financial trades on the NASDAQ under the ticker symbol "VIRT." Who are Virtu Financial's major shareholders? Virtu Financial's stock is owned by many different institutional and retail investors. Top institutional investors include William Blair Investment Management LLC (3.74%), BlackRock Inc. (2.94%), Renaissance Technologies LLC (2.60%), Ameriprise Financial Inc. (1.97%), FMR LLC (1.88%) and Prudential Financial Inc. (1.42%). Insiders that own company stock include Brett Fairclough, Douglas A Cifu, Douglas A Cifu, Joanne Minieri, North Island Ventures, Llc, Private Ltd Gic, Sector Pension Investme Public and Stephen Cavoli. View institutional ownership trends. 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 $17.59. How much money does Virtu Financial make? Virtu Financial (NASDAQ:VIRT) has a market capitalization of $2.89 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 $1.98 on an earnings per share basis. How many employees does Virtu Financial have? The company employs 973 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 6/1/2023 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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