Virtu Financial Stock Forecast, Price & News

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Virtu Financial in the last year. There are currently 1 sell rating, 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Virtu Financial stock. 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 analyst ratings for Virtu Financial or view top-rated stocks.

Wall Street analysts have given Virtu Financial a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Virtu Financial wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Virtu Financial saw a increase in short interest during the month of July. As of July 15th, there was short interest totaling 5,810,000 shares, an increase of 27.1% from the June 30th total of 4,570,000 shares. Based on an average trading volume of 1,530,000 shares, the short-interest ratio is presently 3.8 days. Currently, 6.0% of the company's stock are sold short.
View Virtu Financial's Short Interest.

Virtu Financial is scheduled to release its next quarterly earnings announcement on Wednesday, August 4th 2021.
View our earnings forecast for Virtu Financial.

Virtu Financial will be holding an earnings conference call on Wednesday, August 4th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

Virtu Financial, Inc. (NASDAQ:VIRT) issued its quarterly earnings results on Tuesday, May, 4th. The financial services provider reported $2.04 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.30 by $0.74. The financial services provider had revenue of $728.03 million for the quarter, compared to analyst estimates of $482.85 million. Virtu Financial had a net margin of 20.53% and a trailing twelve-month return on equity of 45.67%. The company's quarterly revenue was down 7.2% on a year-over-year basis. During the same period last year, the firm earned $2.05 EPS.
View Virtu Financial's earnings history.

Virtu Financial's stock was trading at $24.15 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, VIRT shares have increased by 7.6% and is now trading at $25.98.
View which stocks have been most impacted by COVID-19.

Virtu Financial declared a quarterly dividend on Tuesday, May 4th. Shareholders of record on Tuesday, June 1st will be given a dividend of $0.24 per share on Tuesday, June 15th. This represents a $0.96 annualized dividend and a dividend yield of 3.70%. The ex-dividend date of this dividend is Friday, May 28th.
View Virtu Financial's dividend history.

Virtu Financial pays an annual dividend of $0.96 per share and currently has a dividend yield of 3.75%. Virtu Financial does not yet have a strong track record of dividend growth. The dividend payout ratio of Virtu Financial is 16.67%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Virtu Financial will have a dividend payout ratio of 36.09% next year. This indicates that Virtu Financial will be able to sustain or increase its dividend.
View Virtu Financial's dividend history.

6 brokerages have issued twelve-month price objectives for Virtu Financial's shares. Their forecasts range from $24.00 to $35.00. On average, they anticipate Virtu Financial's share price to reach $30.08 in the next twelve months. This suggests a possible upside of 15.8% from the stock's current price.
View analysts' price targets for Virtu Financial or view top-rated stocks among Wall Street analysts.

36 employees have rated Virtu Financial CEO Doug Cifu on Glassdoor.com. Doug Cifu has an approval rating of 85% among Virtu Financial's employees.

Some companies that are related to Virtu Financial include MarketAxess (MKTX), Raymond James (RJF), Nomura (NMR), Futu (FUTU), SEI Investments (SEIC), Jefferies Financial Group (JEF), Stifel Financial (SF), Freedom (FRHC), Navient (NAVI), UP Fintech (TIGR), Piper Sandler Companies (PIPR), Piper Jaffray Companies (PJC), Cowen (COWN), WisdomTree Investments (WETF) and Associated Capital Group (AC).
View all of VIRT's competitors.

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).

(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. 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 shareholders include Spence Asset Management (0.20%), Greenwich Wealth Management LLC (0.08%), Cozad Asset Management Inc. (0.02%) and New England Research & Management Inc. (0.02%). Company insiders that own Virtu Financial stock include Brett Fairclough, Douglas A Cifu, Holdings (Private) Ltd Temasek, Joseph C Grano and Sector Pension Investme Public.
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..
View insider buying and selling activity for Virtu Financial or view top insider-selling stocks.

VIRT stock was acquired by a variety of institutional investors in the last quarter, including Spence Asset Management, Cozad Asset Management Inc., and Greenwich Wealth Management LLC.
View insider buying and selling activity for Virtu Financial or or view top insider-buying stocks.

Shares of VIRT 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.

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

Virtu Financial has a market capitalization of $4.93 billion and generates $3.24 billion in revenue each year. The financial services provider earns $649.20 million in net income (profit) each year or $5.76 on an earnings per share basis.

Virtu Financial employs 1,049 workers across the globe.

The official website for Virtu Financial is www.virtu.com.

Virtu Financial is headquartered at 165 BROADWAY, NEW YORK NY, 10006.

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]