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. Investors of record on Friday, June 1st will be given a dividend of $0.24 per share on Friday, June 15th. This represents a $0.96 annualized dividend and a yield of 3.67%. The ex-dividend date of this dividend is Thursday, May 31st. View Virtu Financial's Dividend History.

Virtu Financial declared that its board has approved a share buyback plan 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 buy shares of its stock through open market purchases. Shares repurchase plans are often a sign that the company's board of directors believes its stock is undervalued.

Virtu Financial (NASDAQ:VIRT) issued its earnings results on Friday, May, 4th. The financial services provider reported $0.76 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.61 by $0.15. The financial services provider earned $406.10 million during the quarter, compared to the consensus estimate of $307.24 million. Virtu Financial had a net margin of 11.08% and a return on equity of 20.32%. The business's revenue was up 190.9% on a year-over-year basis. During the same period in the previous year, the business posted $0.16 earnings per share. View Virtu Financial's Earnings History.

Virtu Financial is scheduled to release their next quarterly earnings announcement on Friday, July, 27th 2018. View Earnings Estimates for Virtu Financial.

7 Wall Street analysts have issued 1-year target prices for Virtu Financial's stock. Their forecasts range from $28.00 to $38.00. On average, they expect Virtu Financial's share price to reach $33.6250 in the next year. This suggests a possible upside of 28.6% from the stock's current price. View Analyst Ratings for Virtu Financial.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Virtu Financial in the last year. There are currently 4 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

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), Gamco Investors (GBL), Greenhill & Co., Inc. (GHL), Investment Technology Group (ITG), Cowen Inc Class A (COWN) and Siebert Financial (SIEB).

(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.

Media headlines about VIRT stock have been trending somewhat positive on Saturday, according to Accern Sentiment Analysis. Accern rates the sentiment of press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Virtu Financial earned a coverage optimism score of 0.12 on Accern's scale. They also assigned media stories about the financial services provider an impact score of 45.84 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.

Virtu Financial's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include VIOLA VINCENT J (43.50%), Peregrine Capital Management LLC (0.37%), Bank of Montreal Can (0.16%), Miller Howard Investments Inc. NY (0.11%), National Investment Services Inc. WI (0.04%) and James Investment Research Inc. (0.03%). 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 National Investment Services Inc. WI. 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 Bank of Montreal Can, Miller Howard Investments Inc. NY, James Investment Research Inc., Bangor Savings Bank, Clinton Group Inc., Amalgamated Bank, Peregrine Capital Management LLC and State of Alaska Department of Revenue. 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 $26.15.

Virtu Financial has a market capitalization of $4.96 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]