NASDAQ:VIRTVirtu Financial Stock Price, Forecast & News

Virtu Financial's stock was trading at $24.15 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, VIRT shares have increased by 0.2% and is now trading at $24.21. View which stocks have been most impacted by Coronavirus.

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.

Virtu Financial is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for Virtu Financial.

Virtu Financial Inc (NASDAQ:VIRT) announced its earnings results on Thursday, May, 7th. The financial services provider reported $2.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.39 by $0.66. The financial services provider earned $1 billion during the quarter, compared to the consensus estimate of $563.55 million. Virtu Financial had a return on equity of 38.58% and a net margin of 7.79%. The business's revenue for the quarter was up 176.6% on a year-over-year basis. During the same period in the previous year, the business earned $0.34 EPS. View Virtu Financial's earnings history.

Virtu Financial declared a quarterly dividend on Friday, May 8th. Shareholders of record on Monday, June 1st will be paid a dividend of $0.24 per share on Monday, June 15th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 3.97%. The ex-dividend date is Friday, May 29th. View Virtu Financial's dividend history.

8 Wall Street analysts have issued 12-month price objectives for Virtu Financial's shares. Their forecasts range from $15.50 to $31.00. On average, they expect Virtu Financial's stock price to reach $25.06 in the next year. This suggests a possible upside of 3.5% from the stock's current price. View analysts' price targets for Virtu Financial.

News stories about VIRT stock have been trending negative this week, InfoTrie Sentiment reports. The research firm identifies negative and positive media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Virtu Financial earned a daily sentiment score of -2.1 on InfoTrie's scale. They also assigned news articles about the financial services provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news about Virtu Financial.

Virtu Financial saw a decline in short interest in June. As of June 30th, there was short interest totaling 5,210,000 shares, a decline of 19.5% from the June 15th total of 6,470,000 shares. Based on an average daily volume of 1,400,000 shares, the short-interest ratio is currently 3.7 days. Currently, 5.4% of the shares of the stock are short sold. View Virtu Financial's Current Options Chain.

Some companies that are related to Virtu Financial include Interactive Brokers Group (IBKR), Nomura (NMR), Raymond James (RJF), SEI Investments (SEIC), Jefferies Financial Group (JEF), Stifel Financial (SF), Future Healthcare of America (FUTU), Navient (NAVI), Futu (FHL), Freedom (FRHC), Piper Sandler Companies (PIPR), Waddell & Reed Financial (WDR), Piper Jaffray Companies (PJC), Associated Capital Group (AC) and Wisdom Tree Investments (WETF). View all competitors.

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), Advanced Micro Devices (AMD), Alcoa (AA), Inovio Pharmaceuticals (INO), La Jolla Pharmaceutical (LJPC), General Electric (GE) and NVIDIA (NVDA).

(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. 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.

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

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 $24.21.

Virtu Financial has a market capitalization of $4.67 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 1,012 workers across the globe.

The official website for Virtu Financial is 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]