NASDAQ:VIRT - Virtu Financial Stock Price, Price Target & More

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

Virtu Financial announced a quarterly dividend on Friday, May 4th. Stockholders of record on Friday, June 1st will be given a dividend of $0.24 per share on Friday, June 15th. This represents a $0.96 annualized dividend and a dividend yield of 3.65%. The ex-dividend date is Thursday, May 31st. View Virtu Financial's Dividend History.

Virtu Financial announced that its Board of Directors has authorized a stock repurchase plan on Thursday, February 8th 2018, which permits the company to buyback $50,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Stock buyback plans are usually a sign that the company's management believes its stock is undervalued.

Virtu Financial (NASDAQ:VIRT) issued its earnings results on Friday, May, 4th. The financial services provider reported $0.76 earnings per share for the quarter, topping analysts' consensus estimates of $0.61 by $0.15. The financial services provider had revenue of $406.10 million for the quarter, compared to analysts' expectations of $307.24 million. Virtu Financial had a return on equity of 20.32% and a net margin of 11.08%. Virtu Financial's quarterly revenue was up 190.9% on a year-over-year basis. During the same period in the previous year, the company earned $0.16 earnings per share. View Virtu Financial's Earnings History.

Virtu Financial is scheduled to release their next quarterly earnings announcement on Friday, July, 27th 2018. View Earnings Estimates for Virtu Financial.

8 Wall Street analysts have issued 12-month price objectives for Virtu Financial's stock. Their predictions range from $28.00 to $38.00. On average, they anticipate Virtu Financial's share price to reach $33.6250 in the next year. This suggests a possible upside of 27.9% from the stock's current price. View Analyst Ratings for Virtu Financial.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Virtu Financial in the last year. There are currently 5 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

Some companies that are related to Virtu Financial include Nomura (NMR), Raymond James (RJF), SEI Investments (SEIC), MarketAxess (MKTX), Stifel Financial (SF), Navient (NAVI), Waddell & Reed Financial (WDR), Wisdom Tree Investments (WETF), Piper Jaffray Companies (PJC), Associated Capital Group (AC), Gamco Investors (GBL), Greenhill & Co., Inc. (GHL), Investment Technology Group (ITG), Cowen Inc Class A (COWN) and Siebert Financial (SIEB).

(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.

News coverage about VIRT stock has trended somewhat positive this week, Accern Sentiment reports. The research firm ranks the sentiment of media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Virtu Financial earned a news sentiment score of 0.11 on Accern's scale. They also assigned news stories about the financial services provider an impact score of 44.72 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near term.

Virtu Financial's stock is owned by many different of institutional and retail investors. Top institutional investors include VIOLA VINCENT J (43.50%), Peregrine Capital Management LLC (0.37%), Bank of Montreal Can (0.16%), Miller Howard Investments Inc. NY (0.11%), National Investment Services Inc. WI (0.04%) and Bangor Savings Bank (0.02%). Company insiders that own Virtu Financial stock include Douglas A Cifu, Holdings (Private) Ltd Temasek, Joseph Molluso, North Island Ventures, Llc 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 National Investment Services Inc. WI. Company insiders that have sold Virtu Financial company stock in the last year include Douglas A Cifu, Holdings (Private) Ltd Temasek, Joseph Molluso and Tjmt Holdings Llc. View Insider Buying and Selling for Virtu Financial.

VIRT stock was acquired by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Miller Howard Investments Inc. NY, Bangor Savings Bank, Clinton Group Inc., Peregrine Capital Management LLC and State of Alaska Department of Revenue. Company insiders that have bought Virtu Financial stock in the last two years include Douglas A Cifu, Holdings (Private) Ltd Temasek, North Island Ventures, Llc and Tjmt Holdings Llc. 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, Scottrade, Fidelity and Charles Schwab.

One share of VIRT stock can currently be purchased for approximately $26.30.

Virtu Financial has a market capitalization of $4.89 billion and generates $1.02 billion in revenue each year. The financial services provider earns $2.93 million in net income (profit) each year or $0.57 on an earnings per share basis. Virtu Financial employs 560 workers across the globe.

Virtu Financial's mailing address is 300 VESEY STREET, NEW YORK NY, 10282. The financial services provider can be reached via phone at 212-418-0100 or via email at [email protected]