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

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

Virtu Financial declared a quarterly dividend on Tuesday, February 11th. Stockholders of record on Monday, March 2nd will be given a dividend of $0.24 per share on Monday, March 16th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 5.41%. The ex-dividend date of this dividend is Friday, February 28th. View Virtu Financial's Dividend History.

Virtu Financial Inc (NASDAQ:VIRT) released its quarterly earnings results on Tuesday, February, 11th. The financial services provider reported $0.27 earnings per share for the quarter, hitting the consensus estimate of $0.27. The financial services provider had revenue of $257.20 million for the quarter, compared to analysts' expectations of $252.72 million. Virtu Financial had a negative net margin of 3.83% and a positive return on equity of 13.64%. Virtu Financial's quarterly revenue was down 14.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $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 EPS guidance of $0.26-0.27 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.20.

7 analysts have issued 1-year price objectives for Virtu Financial's stock. 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 3.5% 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 somewhat negative this week, according to InfoTrie. InfoTrie ranks the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Virtu Financial earned a coverage optimism score of -1.4 on InfoTrie's scale. They also gave headlines about the financial services provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days. 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. Approximately 17.9% of the shares of the company 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 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. 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 a variety of 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 bought 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 $17.74.

Virtu Financial has a market capitalization of $3.38 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]