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S&P 500   4,297.14
DOW   33,912.44
QQQ   333.06
The Five Hottest Calls From The Q2 Earnings Season 
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
Buffett's firm buys more Apple, Amazon while betting on oil
Boredom, loneliness plague Ukrainian youth near front line
Norway hits export record amid soaring gas prices
3rd Massive Dollar Upheaval Has Started (Ad)
Stocks end higher on Wall Street; economic worries hit oil
Myanmar executions revive pressure for more sanctions
Stocks higher on Wall Street; economic worries hit oil price
3rd Massive Dollar Upheaval Has Started (Ad)
S&P 500   4,297.14
DOW   33,912.44
QQQ   333.06
The Five Hottest Calls From The Q2 Earnings Season 
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
Buffett's firm buys more Apple, Amazon while betting on oil
Boredom, loneliness plague Ukrainian youth near front line
Norway hits export record amid soaring gas prices
3rd Massive Dollar Upheaval Has Started (Ad)
Stocks end higher on Wall Street; economic worries hit oil
Myanmar executions revive pressure for more sanctions
Stocks higher on Wall Street; economic worries hit oil price
3rd Massive Dollar Upheaval Has Started (Ad)
S&P 500   4,297.14
DOW   33,912.44
QQQ   333.06
The Five Hottest Calls From The Q2 Earnings Season 
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
Buffett's firm buys more Apple, Amazon while betting on oil
Boredom, loneliness plague Ukrainian youth near front line
Norway hits export record amid soaring gas prices
3rd Massive Dollar Upheaval Has Started (Ad)
Stocks end higher on Wall Street; economic worries hit oil
Myanmar executions revive pressure for more sanctions
Stocks higher on Wall Street; economic worries hit oil price
3rd Massive Dollar Upheaval Has Started (Ad)
NASDAQ:VIRT

Virtu Financial - VIRT Stock Forecast, Price & News

$25.33
-0.10 (-0.39%)
(As of 08/15/2022 12:00 AM ET)
Add
Compare
Today's Range
$25.10
$25.48
50-Day Range
$21.04
$25.43
52-Week Range
$20.90
$38.63
Volume
554,930 shs
Average Volume
1.31 million shs
Market Capitalization
$4.36 billion
P/E Ratio
7.82
Dividend Yield
3.78%
Price Target
$33.07

Virtu Financial MarketRank™ Forecast

Analyst Rating
Hold
2.20 Rating Score
Upside/​Downside
30.6% Upside
$33.07 Price Target
Short Interest
Healthy
2.91% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.38
Upright™ Environmental Score
News Sentiment
0.69mentions of Virtu Financial in the last 14 days
Based on 2 Articles This Week
Insider Trading
Acquiring Shares
$93,800 Bought Last Quarter
Proj. Earnings Growth
-6.47%
From $3.09 to $2.89 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.10 out of 5 stars

Finance Sector

58th out of 926 stocks

Security Brokers & Dealers Industry

3rd out of 25 stocks

VIRT stock logo

About Virtu Financial (NASDAQ:VIRT) Stock

Virtu Financial, Inc., a financial services company, provides data, analytics, and connectivity products to clients worldwide. The company operates in two segments, Market Making and Execution Services. Its product suite includes offerings in execution, liquidity sourcing, analytics and broker-neutral, and multi-dealer platforms in workflow technology. The company's solutions enable clients to trade on various venues across countries and in multiple asset classes, including global equities, ETFs, foreign exchange, futures, fixed income, cryptocurrencies, and other commodities. Its analytics platform provides a range of pre- and post-trade services, data products, and compliance tools for clients to invest, trade, and manage risk across markets. Virtu Financial, Inc. was founded in 2008 and is headquartered in New York, New York.

Virtu Financial Trading Up 2.6 %

NASDAQ:VIRT opened at $25.43 on Monday. The firm has a market cap of $4.38 billion, a P/E ratio of 7.85 and a beta of -0.11. The company has a debt-to-equity ratio of 1.03, a current ratio of 0.54 and a quick ratio of 0.54. The stock's 50-day moving average is $23.16 and its 200-day moving average is $29.32. Virtu Financial has a one year low of $20.90 and a one year high of $38.63.

Virtu Financial (NASDAQ:VIRT - Get Rating) last released its quarterly earnings results on Thursday, July 28th. The financial services provider reported $0.73 EPS for the quarter, missing analysts' consensus estimates of $0.74 by ($0.01). Virtu Financial had a return on equity of 40.56% and a net margin of 14.55%. The business had revenue of $357.40 million for the quarter, compared to analyst estimates of $359.90 million. During the same period in the prior year, the business earned $0.63 EPS. The company's revenue for the quarter was up 4.6% compared to the same quarter last year. Sell-side analysts anticipate that Virtu Financial will post 3.09 earnings per share for the current fiscal year.

Virtu Financial Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 15th. Investors of record on Thursday, September 1st will be given a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 3.78%. The ex-dividend date of this dividend is Wednesday, August 31st. Virtu Financial's dividend payout ratio is presently 29.63%.

Wall Street Analysts Forecast Growth

VIRT has been the topic of several analyst reports. The Goldman Sachs Group cut their target price on Virtu Financial from $35.00 to $30.00 and set a "neutral" rating on the stock in a research note on Wednesday, June 29th. Evercore ISI cut their target price on Virtu Financial to $25.00 in a research note on Friday, July 22nd. JPMorgan Chase & Co. cut their target price on Virtu Financial from $37.50 to $31.00 in a research note on Tuesday, July 19th. Finally, Morgan Stanley cut their target price on Virtu Financial from $28.00 to $19.00 and set an "underweight" rating on the stock in a research note on Tuesday, July 19th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $33.07.

Insider Activity at Virtu Financial

In other news, Director Joanne Minieri bought 4,000 shares of the company's stock in a transaction that occurred on Wednesday, August 3rd. The shares were acquired at an average price of $23.45 per share, with a total value of $93,800.00. Following the transaction, the director now owns 12,187 shares in the company, valued at $285,785.15. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 42.10% of the stock is owned by insiders.

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VIRT Stock News Headlines

Virtu Announces Second Quarter 2022 Results
Virtu Financial (VIRT) Scheduled to Post Earnings on Thursday
Which Retail Investors Does the SEC Want to Protect?
Virtu Financial Becomes Oversold (VIRT)
Virtu Financial: 4% Yield, Reasonable Valuation
See More Headlines
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VIRT Company Calendar

Ex-Dividend for 6/15 Dividend
5/31/2022
Dividend Payable
6/15/2022
Last Earnings
7/28/2022
Today
8/16/2022
Ex-Dividend for 9/15 Dividend
8/31/2022
Dividend Payable
9/15/2022
Next Earnings (Estimated)
11/02/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Security brokers & dealers
Sub-Industry
N/A
Sector
Finance
Current Symbol
NASDAQ:VIRT
Employees
973
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$33.07
High Stock Price Forecast
$45.00
Low Stock Price Forecast
$19.00
Forecasted Upside/Downside
+30.6%
Consensus Rating
Hold
Rating Score (0-4)
2.20
Research Coverage
5 Analysts

Profitability

Net Income
$476.88 million
Pretax Margin
30.82%

Debt

Sales & Book Value

Annual Sales
$2.81 billion
Cash Flow
$5.57 per share
Book Value
$10.20 per share

Miscellaneous

Free Float
99,683,000
Market Cap
$4.36 billion
Optionable
Optionable
Beta
-0.11

Key Executives

  • Mr. Douglas A. Cifu J.D. (Age 57)
    Co-founder, CEO & Director
    Comp: $3.52M
  • Mr. Joseph A. Molluso (Age 53)
    Co-Pres & Co-COO
    Comp: $1.75M
  • Mr. Brett Michael Fairclough (Age 39)
    Co-Pres & Co-COO
    Comp: $1.75M
  • Mr. Vincent J. Viola (Age 66)
    Founder & Chairman Emeritus
  • Mr. Sean Patrick Galvin (Age 56)
    Exec. VP & CFO
    Comp: $840k
  • Mr. Stephen John Cavoli Sr. (Age 52)
    Exec. VP of Markets & Global Head of Execution Services
    Comp: $1.75M
  • Mr. Aaron Simons
    Exec. VP & CTO
  • Mr. Justin Waldie
    Sr. VP, Gen. Counsel & Sec.
  • Mr. Brian Palmer
    Global Head of Devel.
  • Ms. Akiko Imai
    Global Head of New Sales













VIRT Stock - Frequently Asked Questions

Should I buy or sell Virtu Financial stock right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Virtu Financial in the last year. There are currently 1 sell rating, 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street 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 2022?

5 equities research analysts have issued 1 year price targets for Virtu Financial's stock. Their VIRT share price forecasts range from $19.00 to $45.00. On average, they anticipate the company's stock price to reach $33.07 in the next twelve months. This suggests a possible upside of 30.6% 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 2022?

Virtu Financial's stock was trading at $28.83 at the start of the year. Since then, VIRT stock has decreased by 12.1% and is now trading at $25.33.
View the best growth stocks for 2022 here
.

When is Virtu Financial's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 2nd 2022.
View our VIRT earnings forecast
.

How were Virtu Financial's earnings last quarter?

Virtu Financial, Inc. (NASDAQ:VIRT) announced its quarterly earnings data on Thursday, July, 28th. The financial services provider reported $0.73 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.74 by $0.01. The financial services provider had revenue of $357.40 million for the quarter, compared to the consensus estimate of $359.90 million. Virtu Financial had a net margin of 14.55% and a trailing twelve-month return on equity of 40.56%. Virtu Financial's revenue was up 4.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.63 earnings per share.

How often does Virtu Financial pay dividends? What is the dividend yield for Virtu Financial?

Virtu Financial announced a quarterly dividend on Thursday, July 28th. Stockholders of record on Thursday, September 1st will be given a dividend of $0.24 per share on Thursday, September 15th. This represents a $0.96 annualized dividend and a dividend yield of 3.79%. The ex-dividend date of this dividend is Wednesday, August 31st.
Read our dividend analysis for VIRT
.

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 3.78%. The dividend payout ratio is 29.63%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, VIRT will have a dividend payout ratio of 33.22% 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 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.

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 a variety of retail and institutional investors. Top institutional shareholders include William Blair Investment Management LLC (4.06%), Renaissance Technologies LLC (2.98%), FMR LLC (2.24%), Allspring Global Investments Holdings LLC (1.41%), Van Berkom & Associates Inc. (1.25%) and Robeco Institutional Asset Management B.V. (0.96%). Insiders that own company stock include Brett Fairclough, Douglas A Cifu, Douglas A Cifu, Holdings (Private) Ltd Temasek, Joanne Minieri, Joseph C Grano, 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 $25.33.

How much money does Virtu Financial make?

Virtu Financial (NASDAQ:VIRT) has a market capitalization of $4.36 billion and generates $2.81 billion in revenue each year. The financial services provider earns $476.88 million in net income (profit) each year or $3.24 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 8/16/2022 by MarketBeat.com Staff

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