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. Shareholders of record on Friday, June 1st will be paid a dividend of $0.24 per share on Friday, June 15th. This represents a $0.96 annualized dividend and a yield of 3.23%. The ex-dividend date is Thursday, May 31st. View Virtu Financial's Dividend History.

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

Virtu Financial (NASDAQ:VIRT) posted its quarterly earnings data on Friday, May, 4th. The financial services provider reported $0.76 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.61 by $0.15. The financial services provider had revenue of $406.10 million for the quarter, compared to analyst estimates of $307.24 million. Virtu Financial had a return on equity of 20.32% and a net margin of 11.08%. The business's revenue for the quarter was up 190.9% on a year-over-year basis. During the same period in the prior year, the company earned $0.16 EPS. 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 equities research analysts have issued 12-month price targets for Virtu Financial's shares. Their predictions 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.

Virtu Financial saw a drop in short interest in May. As of May 15th, there was short interest totalling 3,788,257 shares, a drop of 27.4% from the April 30th total of 5,216,153 shares. Based on an average daily volume of 2,572,331 shares, the days-to-cover ratio is presently 1.5 days. Currently, 7.7% of the company's stock are short sold. View Virtu Financial's Current Options Chain.

Some companies that are related to Virtu Financial include Nomura (NMR), Raymond James (RJF), SEI Investments (SEIC), MarketAxess (MKTX), Stifel Financial (SF), Navient (NAVI), Wisdom Tree 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 Inc Class A (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 $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 articles about VIRT stock have been trending somewhat negative this week, according to Accern. The research group identifies negative and positive news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Virtu Financial earned a media sentiment score of -0.03 on Accern's scale. They also gave news headlines about the financial services provider an impact score of 45.52 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company'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%), 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, 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 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 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 Summit Trail Advisors LLC, Greenwich Wealth Management LLC, Robeco Institutional Asset Management B.V., BlackRock Inc., Summit Trail Advisors LLC, Dynamic Technology Lab Private Ltd, Quantbot Technologies LP and Susquehanna Fundamental Investments 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 $29.75.

Virtu Financial has a market capitalization of $5.59 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]