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

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

Virtu Financial declared 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 dividend on an annualized basis and a dividend yield of 3.29%. The ex-dividend date is Thursday, May 31st. View Virtu Financial's Dividend History.

Virtu Financial declared that its Board of Directors has approved a share repurchase plan on Thursday, February 8th 2018, which allows the company to buyback $50,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Stock buyback plans are often an indication that the company's board believes its stock is undervalued.

Virtu Financial (NASDAQ:VIRT) announced its quarterly earnings results on Friday, May, 4th. The financial services provider reported $0.76 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.61 by $0.15. The financial services provider earned $406.10 million during 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 revenue was up 190.9% on a year-over-year basis. During the same period in the previous year, the business posted $0.16 earnings per share. View Virtu Financial's Earnings History.

Virtu Financial is scheduled to release their next quarterly earnings announcement on Thursday, August, 2nd 2018. View Earnings Estimates for Virtu Financial.

8 brokers have issued 12 month price objectives for Virtu Financial's stock. Their forecasts range from $28.00 to $38.00. On average, they expect Virtu Financial's stock price to reach $34.75 in the next year. View Analyst Ratings for Virtu Financial.

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

(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.

Media headlines about VIRT stock have trended somewhat positive recently, Accern Sentiment Analysis reports. The research group rates the sentiment of media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Virtu Financial earned a daily sentiment score of 0.06 on Accern's scale. They also assigned media coverage about the financial services provider an impact score of 46.61 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near term.

Virtu Financial's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include VIOLA VINCENT J (43.50%), Van Berkom & Associates Inc. (2.01%), BlackRock Inc. (1.12%), Artisan Partners Limited Partnership (0.56%), Neuberger Berman Group LLC (0.47%) and Dimensional Fund Advisors LP (0.30%). Company insiders that own Virtu Financial stock include Douglas A Cifu, Holdings (Private) Ltd Temasek, 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 Van Berkom & Associates Inc., Millennium Management LLC, Capital Advisors Inc. OK, Delek Group Ltd., Old West Investment Management LLC, Keeley Teton Advisors LLC, Blair William & Co. IL and GSA Capital Partners LLP. Company insiders that have sold Virtu Financial company stock in the last year include Holdings (Private) Ltd Temasek and Tjmt Holdings Llc. View Insider Buying and Selling for Virtu Financial.

VIRT stock was bought by a variety of institutional investors in the last quarter, including Summit Trail Advisors LLC, Greenwich Wealth Management LLC, Robeco Institutional Asset Management B.V., BlackRock Inc., Summit Trail Advisors LLC, Quantbot Technologies LP, Susquehanna Fundamental Investments LLC and Global X Management Co. LLC. 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 $29.20.

Virtu Financial has a market capitalization of $5.61 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]