Virtu Financial 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" Virtu Financial stock. 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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Virtu Financial is scheduled to release its next quarterly earnings announcement on Friday, August 6th 2021.
View our earnings forecast for Virtu Financial.

Virtu Financial, Inc. (NASDAQ:VIRT) posted its quarterly earnings results on Tuesday, May, 4th. The financial services provider reported $2.04 earnings per share for the quarter, beating the consensus estimate of $1.30 by $0.74. The financial services provider earned $728.03 million during the quarter, compared to analyst estimates of $482.85 million. Virtu Financial had a net margin of 20.53% and a trailing twelve-month return on equity of 45.67%. The firm's revenue was down 7.2% on a year-over-year basis. During the same period last year, the business posted $2.05 earnings per share.
View Virtu Financial's earnings history.

Virtu Financial's stock was trading at $24.15 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, VIRT stock has increased by 19.6% and is now trading at $28.89.
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Virtu Financial announced a quarterly dividend on Tuesday, May 4th. Shareholders of record on Tuesday, June 1st will be paid a dividend of $0.24 per share on Tuesday, June 15th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 3.32%. The ex-dividend date is Friday, May 28th.
View Virtu Financial's dividend history.

Virtu Financial pays an annual dividend of $0.96 per share and currently has a dividend yield of 3.30%. Virtu Financial does not yet have a strong track record of dividend growth. The dividend payout ratio of Virtu Financial is 16.67%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Virtu Financial will have a dividend payout ratio of 35.16% next year. This indicates that Virtu Financial will be able to sustain or increase its dividend.
View Virtu Financial's dividend history.

7 brokers have issued 12-month price targets for Virtu Financial's shares. Their forecasts range from $24.00 to $35.00. On average, they anticipate Virtu Financial's stock price to reach $30.21 in the next year. This suggests a possible upside of 4.6% from the stock's current price.
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36 employees have rated Virtu Financial CEO Doug Cifu on Glassdoor.com. Doug Cifu has an approval rating of 85% among Virtu Financial's employees.

Some companies that are related to Virtu Financial include Raymond James (RJF), MarketAxess (MKTX), Nomura (NMR), SEI Investments (SEIC), Jefferies Financial Group (JEF), Stifel Financial (SF), UP Fintech (TIGR), Freedom (FRHC), Navient (NAVI), Piper Sandler Companies (PIPR), Piper Jaffray Companies (PJC), WisdomTree Investments (WETF), Cowen (COWN), Associated Capital Group (AC) and GAMCO Investors (GBL).
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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 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."

Virtu Financial's stock is owned by many different institutional and retail investors. Top institutional shareholders include William Blair Investment Management LLC (3.69%), Renaissance Technologies LLC (2.85%), BlackRock Inc. (2.08%), Ameriprise Financial Inc. (1.55%), Robeco Institutional Asset Management B.V. (1.19%) and AQR Capital Management LLC (0.91%). Company insiders that own Virtu Financial stock include Brett Fairclough, Douglas A Cifu, Holdings (Private) Ltd Temasek, Joseph C Grano and Sector Pension Investme Public.
View institutional ownership trends for Virtu Financial.

VIRT stock was sold by a variety of institutional investors in the last quarter, including Royce & Associates LP, Robeco Institutional Asset Management B.V., AGF Investments Inc., Peregrine Capital Management LLC, Nuveen Asset Management LLC, Man Group plc, Prana Capital Management LP, and Ground Swell Capital LLC. Company insiders that have sold Virtu Financial company stock in the last year include Brett Fairclough, and Sector Pension Investme Public.
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VIRT stock was purchased by a variety of institutional investors in the last quarter, including Ameriprise Financial Inc., William Blair Investment Management LLC, AQR Capital Management LLC, Los Angeles Capital Management LLC, Renaissance Technologies LLC, Great Lakes Advisors LLC, HighTower Advisors LLC, and Spence Asset Management.
View insider buying and selling activity for Virtu Financial or or view top insider-buying stocks.

Shares of VIRT 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 $28.89.

Virtu Financial has a market capitalization of $5.48 billion and generates $3.24 billion in revenue each year. The financial services provider earns $649.20 million in net income (profit) each year or $5.76 on an earnings per share basis.

Virtu Financial employs 976 workers across the globe.

The official website for Virtu Financial is www.virtu.com.

Virtu Financial is headquartered at 165 BROADWAY, NEW YORK NY, 10006.

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]