Virtu Financial, Inc. (NYSE:VIRT) Stock Has Average Price Target of $58.80 According to Analysts

Shares of Virtu Financial, Inc. (NYSE:VIRT) have earned a consensus rating of “Hold” from the seven brokerages that are presently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $58.80.

Several equities analysts have commented on VIRT shares. Zacks Research lowered Virtu Financial from a “strong-buy” rating to a “hold” rating in a research report on Thursday, September 24th. Morgan Stanley upped their target price on shares of Virtu Financial from $39.00 to $57.00 and gave the stock an “underweight” rating in a research report on Friday, July 10th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Virtu Financial in a research note on Wednesday, August 26th. JPMorgan Chase & Co. lifted their price target on shares of Virtu Financial from $51.00 to $59.00 and gave the company a “neutral” rating in a research report on Tuesday, July 28th. Finally, The Goldman Sachs Group upped their price objective on shares of Virtu Financial from $51.00 to $63.00 and gave the stock a “neutral” rating in a report on Tuesday, June 30th.

Virtu Financial Stock Down 2.8%

Shares of NYSE:VIRT opened at $51.91 on Friday. Virtu Financial has a 52-week low of $31.55 and a 52-week high of $68.76. The firm has a market capitalization of $8.06 billion, a P/E ratio of 8.62, a P/E/G ratio of 0.36 and a beta of 0.62. The stock has a 50 day moving average price of $59.81 and a 200-day moving average price of $54.93. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.45 and a current ratio of 0.45.

Virtu Financial (NYSE:VIRT) last released its earnings results on Tuesday, July 14th. The company reported $1.82 EPS for the quarter. Virtu Financial had a return on equity of 49.06% and a net margin of 13.50%.The company had revenue of $984.69 million during the quarter. Virtu Financial has set its Q2 2026 guidance at 1.820-1.820 EPS. As a group, equities research analysts anticipate that Virtu Financial will post 6.38 EPS for the current fiscal year.

Virtu Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st were paid a dividend of $0.24 per share. The ex-dividend date was Tuesday, September 1st. This represents a $0.96 dividend on an annualized basis and a yield of 1.8%. Virtu Financial’s payout ratio is presently 15.95%.

Insider Buying and Selling at Virtu Financial

In related news, Director John Nixon sold 9,094 shares of the company’s stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $60.13, for a total value of $546,822.22. Following the transaction, the director owned 30,902 shares in the company, valued at $1,858,137.26. The trade was a 22.74% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Joseph Grano, Jr. sold 8,400 shares of Virtu Financial stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $60.94, for a total transaction of $511,896.00. Following the completion of the transaction, the director directly owned 33,814 shares of the company’s stock, valued at $2,060,625.16. This trade represents a 19.90% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 46.76% of the company’s stock.

Hedge Funds Weigh In On Virtu Financial

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Allspring Global Investments Holdings LLC lifted its position in shares of 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 valued at $85,607,000 after acquiring an additional 569,057 shares during the period. Bank of America Corp DE increased its stake in Virtu Financial by 115.4% in the 1st quarter. Bank of America Corp DE now owns 672,405 shares of the company’s stock valued at $29,572,000 after purchasing an additional 360,288 shares in the last quarter. Wellington Management Group LLP raised its holdings in Virtu Financial by 39.8% during the second quarter. Wellington Management Group LLP now owns 782,114 shares of the company’s stock worth $46,591,000 after purchasing an additional 222,859 shares during the last quarter. Interval Partners LP raised its holdings in Virtu Financial by 85.9% during the fourth quarter. Interval Partners LP now owns 377,184 shares of the company’s stock worth $12,568,000 after purchasing an additional 174,284 shares during the last quarter. Finally, Stephens Investment Management Group LLC boosted its position in Virtu Financial by 27.5% during the first quarter. Stephens Investment Management Group LLC now owns 516,366 shares of the company’s stock worth $22,710,000 after purchasing an additional 111,437 shares in the last quarter. 45.78% of the stock is owned by institutional investors.

Virtu Financial Company Profile

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.