Virtu Financial - VIRT Stock Forecast, Price & News

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Virtu Financial in the last year. There are currently 1 sell rating, 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" VIRT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in VIRT, but not buy additional shares or sell existing shares.
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7 Wall Street analysts have issued twelve-month price objectives for Virtu Financial's stock. Their VIRT share price forecasts range from $18.00 to $44.00. On average, they expect the company's share price to reach $26.50 in the next twelve months. This suggests a possible upside of 53.4% from the stock's current price.
View analysts price targets for VIRT or view top-rated stocks among Wall Street analysts.

Virtu Financial's stock was trading at $20.41 on January 1st, 2023. Since then, VIRT shares have decreased by 15.4% and is now trading at $17.27.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023.
View our VIRT earnings forecast.

Virtu Financial, Inc. (NASDAQ:VIRT) issued its earnings results on Thursday, January, 26th. The financial services provider reported $0.32 EPS for the quarter, missing analysts' consensus estimates of $0.47 by $0.15. The financial services provider earned $274.08 million during the quarter, compared to analysts' expectations of $299.94 million. Virtu Financial had a trailing twelve-month return on equity of 29.54% and a net margin of 11.21%.

Virtu Financial announced a quarterly dividend on Thursday, January 26th. Shareholders of record on Wednesday, March 1st will be given a dividend of $0.24 per share on Wednesday, March 15th. This represents a $0.96 annualized dividend and a dividend yield of 5.56%. The ex-dividend date is Tuesday, February 28th.
Read our dividend analysis for VIRT.

ETFs with the largest weight of Virtu Financial (NASDAQ:VIRT) stock in their portfolio include Amplify Digital & Online Trading ETF (BIDS), The Acquirers Fund (ZIG), Global SuperDividend US ETF (DIV), First Trust Financial AlphaDEX Fund (FXO), SPDR S&P Capital Markets ETF (KCE), VictoryShares US Small Cap High Div Volatility Wtd ETF (CSB), WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS) and iShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI).

Virtu Financial (NASDAQ:VIRT) pays an annual dividend of $0.96 per share and currently has a dividend yield of 5.51%. VIRT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 40.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, VIRT will have a dividend payout ratio of 41.74% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for VIRT.

36 employees have rated Virtu Financial Chief Executive Officer Doug Cifu on Glassdoor.com. Doug Cifu has an approval rating of 85% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Virtu Financial investors own include Keane Group (FRAC), El Pollo Loco (LOCO), Advanced Micro Devices (AMD), BioCryst Pharmaceuticals (BCRX), NVIDIA (NVDA), VEREIT (VER), Alcoa (AA), Inovio Pharmaceuticals (INO), Intel (INTC) and La Jolla Pharmaceutical (LJPC).

(VIRT) raised $297 million in an IPO 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.

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

Virtu Financial's stock is owned by many different institutional and retail investors. Top institutional shareholders include William Blair Investment Management LLC (4.86%), Renaissance Technologies LLC (2.56%), Fuller & Thaler Asset Management Inc. (2.18%), Allspring Global Investments Holdings LLC (1.37%), Van Berkom & Associates Inc. (1.21%) and Millennium Management LLC (1.00%). Insiders that own company stock include Brett Fairclough, Douglas A Cifu, Holdings (Private) Ltd Temasek, Joanne Minieri, Joseph C Grano, North Island Ventures, Llc, Private Ltd Gic, Sector Pension Investme Public and Stephen Cavoli.
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Shares of VIRT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of VIRT stock can currently be purchased for approximately $17.27.

Virtu Financial (NASDAQ:VIRT) has a market capitalization of $2.88 billion and generates $2.36 billion in revenue each year. The financial services provider earns $265.03 million in net income (profit) each year or $2.40 on an earnings per share basis.

The company employs 973 workers across the globe.

Virtu Financial's mailing address is 165 BROADWAY, NEW YORK NY, 10006. The official website for the company is www.virtu.com. The financial services provider can be reached via phone at (212) 418-0100, via email at investor_relations@virtu.com, or via fax at 212-418-0123.