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

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

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 annualized dividend and a dividend yield of 5.25%. The ex-dividend date is Friday, February 28th. View Virtu Financial's Dividend History.

Virtu Financial Inc (NASDAQ:VIRT) posted its quarterly earnings data on Tuesday, February, 11th. The financial services provider reported $0.27 EPS for the quarter, meeting the Thomson Reuters' consensus estimate of $0.27. The financial services provider earned $257.20 million during the quarter, compared to the consensus estimate of $252.72 million. Virtu Financial had a positive return on equity of 13.64% and a negative net margin of 3.83%. Virtu Financial's revenue was down 14.0% on a year-over-year basis. During the same period in the previous year, the firm posted $0.67 earnings per share. View Virtu Financial's Earnings History.

Virtu Financial is scheduled to release their next quarterly earnings announcement on Friday, May 1st 2020. View Earnings Estimates for Virtu Financial.

Virtu Financial updated 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 estimate of $0.20.

7 analysts have issued 12 month target prices for Virtu Financial's shares. Their forecasts range from $15.50 to $21.00. On average, they anticipate Virtu Financial's stock price to reach $18.36 in the next twelve months. This suggests a possible upside of 0.4% from the stock's current price. View Analyst Price Targets for Virtu Financial.

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.

Headlines about VIRT stock have trended very negative this week, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Virtu Financial earned a media sentiment score of -3.4 on InfoTrie's scale. They also gave media headlines 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 near term. View News Stories for Virtu Financial.

Virtu Financial saw a increase in short interest in January. As of January 31st, there was short interest totalling 13,500,000 shares, an increase of 15.1% from the January 15th total of 11,730,000 shares. Based on an average daily trading volume, of 936,500 shares, the days-to-cover ratio is presently 14.4 days. Currently, 17.9% 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 MarketAxess (MKTX), SEI Investments (SEIC), Jefferies Financial Group (JEF), Stifel Financial (SF), Navient (NAVI), Future Healthcare of America (FUTU), Futu (FHL), Piper Sandler Companies (PIPR), Piper Jaffray Companies (PJC), Waddell & Reed Financial (WDR), Associated Capital Group (AC), Freedom (FRHC), Wisdom Tree Investments (WETF), Cowen (COWN) and Gamco Investors (GBL).

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 $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 shareholders 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 for Virtu Financial.

VIRT stock was acquired 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 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 $18.29.

Virtu Financial has a market capitalization of $3.49 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 483 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]