
Virtu Financial, Inc. (NYSE:VIRT – Free Report) – Research analysts at Zacks Research reduced their Q3 2027 EPS estimates for shares of Virtu Financial in a report issued on Friday, September 25th. Zacks Research analyst Team now forecasts that the company will earn $1.44 per share for the quarter, down from their prior estimate of $1.45. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Virtu Financial’s current full-year earnings is $6.38 per share. Zacks Research also issued estimates for Virtu Financial’s Q4 2027 earnings at $1.48 EPS, FY2027 earnings at $5.73 EPS, Q2 2028 earnings at $1.30 EPS and FY2028 earnings at $5.47 EPS.
VIRT has been the subject of several other reports. Weiss Ratings reiterated a “buy (b-)” rating on shares of Virtu Financial in a report on Wednesday, August 26th. Morgan Stanley boosted their price objective on Virtu Financial from $39.00 to $57.00 and gave the stock an “underweight” rating in a research note on Friday, July 10th. JPMorgan Chase & Co. upped their target price on Virtu Financial from $51.00 to $59.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 28th. The Goldman Sachs Group increased their target price on Virtu Financial from $51.00 to $63.00 and gave the company a “neutral” rating in a research note on Tuesday, June 30th. Finally, Piper Sandler raised their target price on Virtu Financial from $61.00 to $70.00 and gave the company an “overweight” rating in a report on Wednesday, July 15th. Three equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Virtu Financial currently has a consensus rating of “Hold” and a consensus price target of $58.80.
Virtu Financial Stock Performance
Shares of VIRT stock opened at $53.68 on Tuesday. The company has a current ratio of 0.45, a quick ratio of 0.45 and a debt-to-equity ratio of 0.87. The company has a market cap of $8.33 billion, a PE ratio of 8.92, a P/E/G ratio of 0.35 and a beta of 0.62. The company’s fifty day simple moving average is $59.73 and its 200-day simple moving average is $55.02. Virtu Financial has a 52 week low of $31.55 and a 52 week high of $68.76.
Virtu Financial (NYSE:VIRT – Get Free Report) last announced its quarterly earnings results on Tuesday, July 14th. The company reported $1.82 earnings per share for the quarter. Virtu Financial had a net margin of 13.50% and a return on equity of 49.06%. The firm had revenue of $984.69 million for the quarter. Virtu Financial has set its Q2 2026 guidance at 1.820-1.820 EPS.
Virtu Financial Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st were issued a $0.24 dividend. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a $0.96 dividend on an annualized basis and a yield of 1.8%. Virtu Financial’s dividend payout ratio is currently 15.95%.
Insider Buying and Selling
In other Virtu Financial news, Director Joseph Grano, Jr. sold 8,400 shares of Virtu Financial stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $60.94, for a total transaction of $511,896.00. Following the sale, the director directly owned 33,814 shares in the company, valued at $2,060,625.16. The trade was a 19.90% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director John Nixon sold 9,094 shares of Virtu Financial stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $60.13, for a total value of $546,822.22. Following the sale, the director owned 30,902 shares in the company, valued at $1,858,137.26. This represents a 22.74% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 46.76% of the stock is owned by company insiders.
Institutional Trading of Virtu Financial
Several institutional investors have recently added to or reduced their stakes in VIRT. Allspring Global Investments Holdings LLC grew its holdings in Virtu Financial by 41.9% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 1,928,509 shares of the company’s stock worth $85,607,000 after acquiring an additional 569,057 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Virtu Financial by 1.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,920,590 shares of the company’s stock valued at $84,458,000 after purchasing an additional 19,888 shares in the last quarter. Wellington Management Group LLP raised its stake in shares of Virtu Financial by 39.8% in the 2nd quarter. Wellington Management Group LLP now owns 782,114 shares of the company’s stock valued at $46,591,000 after purchasing an additional 222,859 shares in the last quarter. Bank of America Corp DE lifted its position in shares of Virtu Financial by 115.4% during the first quarter. Bank of America Corp DE now owns 672,405 shares of the company’s stock worth $29,572,000 after purchasing an additional 360,288 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its position in shares of Virtu Financial by 0.7% during the first quarter. Bank of New York Mellon Corp now owns 628,693 shares of the company’s stock worth $27,650,000 after purchasing an additional 4,183 shares during the last quarter. 45.78% of the stock is owned by institutional investors and hedge funds.
More Virtu Financial News
Here are the key news stories impacting Virtu Financial this week:
- Positive Sentiment: Value-stock appeal: Zacks highlighted Virtu as a potentially attractive long-term value stock based on its valuation characteristics and Style Scores. The thesis may appeal to investors seeking profitable companies trading at relatively modest earnings multiples. Why Virtu Financial Is a Top Value Stock for the Long-Term
- Positive Sentiment: Saudi market expansion: Virtu launched its POSIT block-trading indications network for equities listed on the Saudi Exchange, covering 245 liquid stocks. The new institutional trading channel could expand order flow, trading activity and fee opportunities over time. Virtu Financial Announces Launch of Block Crossing for Equity Securities Listed on the Saudi Exchange
About Virtu Financial
Virtu Financial, Inc is a global financial services company that provides liquidity and execution services across the financial markets. Through its market-making operations, the company quotes buy and sell prices and facilitates trading in a range of securities, including equities, exchange-traded funds, options, futures, foreign exchange and fixed-income products.
Virtu also provides technology-enabled execution and workflow solutions to institutions, brokers, and other market participants.
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