Virtu Financial Stock Forecast, Price & News

Virtu Financial's stock was trading at $24.15 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, VIRT stock has decreased by 3.8% and is now trading at $23.23.
View which stocks have been most impacted by COVID-19.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Virtu Financial in the last year. There are currently 5 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Virtu Financial or view MarketBeat's top 5 stock picks.

Wall Street analysts have given Virtu Financial a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Virtu Financial wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Virtu Financial is scheduled to release its next quarterly earnings announcement on Tuesday, February 9th 2021.
View our earnings forecast for Virtu Financial.

Virtu Financial, Inc. (NASDAQ:VIRT) announced its quarterly earnings data on Friday, November, 6th. The financial services provider reported $0.81 EPS for the quarter, beating the Zacks' consensus estimate of $0.72 by $0.09. The financial services provider had revenue of $656.20 million for the quarter, compared to the consensus estimate of $357.12 million. Virtu Financial had a return on equity of 48.31% and a net margin of 14.76%. The company's revenue was up 71.6% on a year-over-year basis. During the same quarter last year, the company posted $0.21 EPS.
View Virtu Financial's earnings history.

Virtu Financial announced a quarterly dividend on Monday, November 9th. Investors of record on Tuesday, December 1st will be given a dividend of $0.24 per share on Tuesday, December 15th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 4.13%. The ex-dividend date is Monday, November 30th.
View Virtu Financial's dividend history.

10 analysts have issued 1 year price objectives for Virtu Financial's shares. Their forecasts range from $15.50 to $31.00. On average, they expect Virtu Financial's share price to reach $25.55 in the next twelve months. This suggests a possible upside of 10.0% from the stock's current price.
View analysts' price targets for Virtu Financial.

Some companies that are related to Virtu Financial include Nomura (NMR), Raymond James (RJF), SEI Investments (SEIC), Jefferies Financial Group (JEF), Futu (FUTU), Futu (FUTU), Stifel Financial (SF), Futu (FHL), Freedom (FRHC), Freedom (FRHC), Navient (NAVI), Piper Sandler Companies (PIPR), Piper Jaffray Companies (PJC), Waddell & Reed Financial (WDR) and Associated Capital Group (AC).
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), 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 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.

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

Virtu Financial's stock is owned by a number of institutional and retail investors. Top institutional shareholders include William Blair Investment Management LLC (3.22%), BlackRock Inc. (1.85%), Robeco Institutional Asset Management B.V. (1.50%), Neuberger Berman Group LLC (0.76%), Vaughan Nelson Investment Management L.P. (0.65%) and AJO LP (0.64%). Company insiders that own Virtu Financial stock include Douglas A Cifu, Holdings (Private) Ltd Temasek, Joseph C Grano, Sector Pension Investme Public and Stephen Cavoli.
View institutional ownership trends for Virtu Financial.

VIRT stock was sold by a variety of institutional investors in the last quarter, including Vaughan Nelson Investment Management L.P., William Blair Investment Management LLC, WINTON GROUP Ltd, Schonfeld Strategic Advisors LLC, Peregrine Capital Management LLC, Old West Investment Management LLC, BNP Paribas Arbitrage SA, and Wells Fargo & Company MN. Company insiders that have sold Virtu Financial company stock in the last year include Holdings (Private) Ltd Temasek, Joseph C Grano, and Sector Pension Investme Public.
View insider buying and selling activity for Virtu Financial.

VIRT stock was purchased by a variety of institutional investors in the last quarter, including AJO LP, Neuberger Berman Group LLC, Robeco Institutional Asset Management B.V., Samlyn Capital LLC, AQR Capital Management LLC, Prana Capital Management LP, BlackRock Inc., and Proficio Capital Partners LLC.
View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

One share of VIRT stock can currently be purchased for approximately $23.23.

Virtu Financial has a market capitalization of $4.49 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]