NASDAQ:VIRTVirtu Financial Stock Price, Forecast & News

Virtu Financial's stock was trading at $24.15 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, VIRT shares have decreased by 9.3% and is now trading at $21.90. View which stocks have been most impacted by Coronavirus.

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.

Virtu Financial is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for Virtu Financial.

Virtu Financial Inc (NASDAQ:VIRT) posted its quarterly earnings results on Thursday, May, 7th. The financial services provider reported $2.05 EPS for the quarter, beating the consensus estimate of $1.39 by $0.66. The financial services provider had revenue of $1 billion for the quarter, compared to analyst estimates of $563.55 million. Virtu Financial had a return on equity of 38.58% and a net margin of 7.79%. The company's quarterly revenue was up 176.6% compared to the same quarter last year. During the same quarter last year, the business earned $0.34 earnings per share. View Virtu Financial's earnings history.

Virtu Financial declared a quarterly dividend on Friday, May 8th. Stockholders of record on Monday, June 1st will be given a dividend of $0.24 per share on Monday, June 15th. This represents a $0.96 annualized dividend and a dividend yield of 4.38%. The ex-dividend date of this dividend is Friday, May 29th. View Virtu Financial's dividend history.

7 brokerages have issued 12 month price objectives for Virtu Financial's stock. Their forecasts range from $15.50 to $28.00. On average, they anticipate Virtu Financial's stock price to reach $24.36 in the next twelve months. This suggests a possible upside of 11.2% from the stock's current price. View analysts' price targets for Virtu Financial.

Media headlines about VIRT stock have been trending negative this week, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of news 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 positive five, with scores nearest to five being the most favorable. Virtu Financial earned a media sentiment score of -2.7 on InfoTrie's scale. They also gave news headlines about the financial services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View the latest news aboutVirtu Financial.

Some companies that are related to Virtu Financial include Nomura (NMR), Raymond James (RJF), SEI Investments (SEIC), Jefferies Financial Group (JEF), Stifel Financial (SF), Navient (NAVI), Future Healthcare of America (FUTU), Futu (FHL), Piper Sandler Companies (PIPR), Freedom (FRHC), Waddell & Reed Financial (WDR), Associated Capital Group (AC), Piper Jaffray Companies (PJC), Wisdom Tree Investments (WETF) and Gamco Investors (GBL). View all 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), BioCryst Pharmaceuticals (BCRX), Vereit (VER), Advanced Micro Devices (AMD), Alcoa (AA), Inovio Pharmaceuticals (INO), La Jolla Pharmaceutical (LJPC), General Electric (GE) and NVIDIA (NVDA).

(VIRT) raised $297 million in an initial public offering on Thursday, April 16th 2015. The company issued 16,500,000 shares at $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 retail and institutional investors. Top institutional shareholders include William Blair Investment Management LLC (4.23%), Van Berkom & Associates Inc. (2.90%), Vaughan Nelson Investment Management L.P. (2.19%), BlackRock Inc. (1.49%), Wells Fargo & Company MN (0.74%) and APG Asset Management N.V. (0.65%). Company insiders that own Virtu Financial stock include Douglas A Cifu, Holdings (Private) Ltd Temasek, John Nixon, Joseph C Grano, Joseph Molluso and Stephen Cavoli. 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., New York State Common Retirement Fund, BlackRock Inc., Morgan Stanley, Rothschild & Co. Asset Management US Inc., National Investment Services of America LLC, Blair William & Co. IL, and Citigroup Inc.. Company insiders that have sold Virtu Financial company stock in the last year include Holdings (Private) Ltd Temasek, and Joseph C Grano. View insider buying and selling activity for Virtu Financial.

VIRT stock was purchased by a variety of institutional investors in the last quarter, including APG Asset Management N.V., APG Asset Management N.V., APG Asset Management N.V., Wells Fargo & Company MN, Gratus Capital LLC, Nuveen Asset Management LLC, Parametric Portfolio Associates LLC, and Cobalt Capital Management Inc.. 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 $21.90.

Virtu Financial has a market capitalization of $4.22 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.

The official website for Virtu Financial is 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]