Virtu Financial, Inc. (VIRT) To Go Ex-Dividend on September 1st

Virtu Financial, Inc. (NYSE:VIRTGet Free Report) declared a quarterly dividend on Thursday, July 30th. Investors of record on Tuesday, September 1st will be given a dividend of 0.24 per share on Tuesday, September 15th. This represents a c) dividend on an annualized basis and a yield of 1.6%. The ex-dividend date is Tuesday, September 1st.

Virtu Financial has a dividend payout ratio of 23.8% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Virtu Financial to earn $5.57 per share next year, which means the company should continue to be able to cover its $0.96 annual dividend with an expected future payout ratio of 17.2%.

Virtu Financial Stock Down 0.9%

Shares of NYSE:VIRT opened at $58.65 on Friday. The stock has a fifty day simple moving average of $58.18 and a two-hundred day simple moving average of $48.75. The stock has a market capitalization of $9.10 billion, a price-to-earnings ratio of 9.74, a PEG ratio of 0.39 and a beta of 0.58. Virtu Financial has a 12-month low of $31.55 and a 12-month high of $68.02. The company has a current ratio of 1.11, a quick ratio of 0.48 and a debt-to-equity ratio of 0.87.

Virtu Financial (NYSE:VIRTGet Free Report) last released its earnings results on Tuesday, July 14th. The company reported $1.82 EPS for the quarter. The business had revenue of $984.69 million for the quarter. Virtu Financial had a return on equity of 49.06% and a net margin of 13.50%.Virtu Financial has set its Q2 2026 guidance at 1.820-1.820 EPS. On average, research analysts anticipate that Virtu Financial will post 6.33 earnings per share for the current fiscal year.

Insider Buying and Selling at Virtu Financial

In related news, COO Brett Fairclough sold 30,000 shares of the stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $50.06, for a total transaction of $1,501,800.00. Following the transaction, the chief operating officer owned 42,473 shares in the company, valued at $2,126,198.38. This represents a 41.39% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 46.76% of the stock is owned by insiders.

Institutional Investors Weigh In On Virtu Financial

A number of hedge funds have recently added to or reduced their stakes in the stock. Invesco Ltd. boosted its stake in shares of Virtu Financial by 64.2% in the 3rd quarter. Invesco Ltd. now owns 2,370,400 shares of the company’s stock worth $84,149,000 after buying an additional 926,376 shares during the last quarter. Allspring Global Investments Holdings LLC increased its position in Virtu Financial by 41.9% during the first 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 last quarter. Dimensional Fund Advisors LP increased its position in Virtu Financial by 1.0% during the first quarter. Dimensional Fund Advisors LP now owns 1,920,590 shares of the company’s stock valued at $84,458,000 after acquiring an additional 19,888 shares during the last quarter. Geode Capital Management LLC lifted its holdings in Virtu Financial by 1.0% in the fourth quarter. Geode Capital Management LLC now owns 1,395,686 shares of the company’s stock valued at $46,514,000 after acquiring an additional 14,113 shares during the period. Finally, Qube Research & Technologies Ltd lifted its holdings in Virtu Financial by 53.1% in the third quarter. Qube Research & Technologies Ltd now owns 1,367,583 shares of the company’s stock valued at $48,549,000 after acquiring an additional 474,177 shares during the period. 45.78% of the stock is currently owned by hedge funds and other institutional investors.

About Virtu Financial

(Get Free Report)

Virtu Financial, Inc is a technology-driven electronic trading firm and market maker that provides liquidity and price discovery across a wide range of financial instruments. Leveraging advanced analytics, high-performance computing and proprietary algorithms, Virtu operates in equities, fixed income, foreign exchange, commodities and derivative products. Its technology platform is designed to capture bid-ask spreads in real time, manage risk through automated controls and adapt to changing market conditions.

The company offers a suite of execution services and market-making solutions to institutional clients such as asset managers, banks, broker-dealers and hedge funds.

Further Reading

Dividend History for Virtu Financial (NYSE:VIRT)

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