NASDAQ:VIRT - Virtu Financial Stock Price, News, Headlines & Rumors

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

Virtu Financial announced a quarterly dividend on Monday, July 30th. Investors of record on Friday, August 31st will be given a dividend of $0.24 per share on Friday, September 14th. This represents a $0.96 annualized dividend and a yield of 4.45%. The ex-dividend date of this dividend is Thursday, August 30th. View Virtu Financial's Dividend History.

Virtu Financial announced that its Board of Directors has authorized a share buyback program on Thursday, February 8th 2018, which allows the company to repurchase $50,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Shares repurchase programs are usually an indication that the company's board believes its stock is undervalued.

Virtu Financial Inc (NASDAQ:VIRT) issued its quarterly earnings data on Friday, July, 27th. The financial services provider reported $0.31 earnings per share for the quarter, missing the consensus estimate of $0.38 by $0.07. The financial services provider had revenue of $328.10 million for the quarter, compared to analyst estimates of $236.08 million. Virtu Financial had a return on equity of 19.62% and a net margin of 11.30%. Virtu Financial's quarterly revenue was up 126.4% on a year-over-year basis. During the same period last year, the company posted $0.13 earnings per share. View Virtu Financial's Earnings History.

Virtu Financial is scheduled to release their next quarterly earnings announcement on Tuesday, November, 6th 2018. View Earnings Estimates for Virtu Financial.

8 brokers have issued twelve-month price objectives for Virtu Financial's shares. Their forecasts range from $22.00 to $38.00. On average, they expect Virtu Financial's share price to reach $29.7778 in the next year. This suggests a possible upside of 38.2% from the stock's current price. View Analyst Price Targets 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." 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 Financial (SF), Navient (NAVI), Waddell & Reed Financial (WDR), Wisdom Tree Investments (WETF), Piper Jaffray Companies (PJC), Associated Capital Group (AC), Investment Technology Group (ITG), Gamco Investors (GBL), Greenhill & Co., Inc. (GHL), Oppenheimer (OPY) and Cowen Inc Class A (COWN).

(VIRT) raised $297 million in an initial public offering (IPO) 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. 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.

News headlines about VIRT stock have trended somewhat positive recently, Accern Sentiment reports. The research firm scores the sentiment of press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Virtu Financial earned a media and rumor sentiment score of 0.19 on Accern's scale. They also assigned media headlines about the financial services provider an impact score of 45.43 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near term. View Recent Headlines for Virtu Financial.

Virtu Financial's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Temasek Holdings Private Ltd (8.86%), Van Berkom & Associates Inc. (2.05%), FMR LLC (1.91%), BlackRock Inc. (1.21%), Artisan Partners Limited Partnership (0.71%) and Renaissance Technologies LLC (0.68%). Company insiders that own Virtu Financial stock include Douglas A Cifu, Holdings (Private) Ltd Temasek, John Nixon, 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 Temasek Holdings Private Ltd, Dimensional Fund Advisors LP, National Investment Services Inc. WI, Advisors Asset Management Inc., Philadelphia Trust Co., Swiss National Bank, Bank of New York Mellon Corp and Virginia Retirement Systems ET AL. 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 purchased by a variety of institutional investors in the last quarter, including FMR LLC, Renaissance Technologies LLC, Rothschild Asset Management Inc., Waddell & Reed Financial Inc., Smith Asset Management Group LP, Bank of Montreal Can, Artisan Partners Limited Partnership and Millennium Management LLC. Company insiders that have bought Virtu Financial stock in the last two years include Holdings (Private) Ltd Temasek, John Nixon, 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 $21.55.

Virtu Financial has a market capitalization of $4.02 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]