Shares of Virtu Financial, Inc. (NYSE:VIRT – Get Free Report) have been given a consensus rating of “Hold” by the seven brokerages that are currently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $58.80.
Several equities research analysts have recently weighed in on the company. Weiss Ratings reissued a “buy (b-)” rating on shares of Virtu Financial in a research note on Friday, May 29th. Piper Sandler lifted their price objective on Virtu Financial from $61.00 to $70.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 15th. Wall Street Zen cut Virtu Financial from a “buy” rating to a “hold” rating in a report on Saturday. Zacks Research downgraded shares of Virtu Financial from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 13th. Finally, Morgan Stanley raised their price target on shares of Virtu Financial from $39.00 to $57.00 and gave the stock an “underweight” rating in a report on Friday, July 10th.
View Our Latest Stock Report on VIRT
Virtu Financial Price Performance
Virtu Financial (NYSE:VIRT – Get Free Report) last issued its quarterly earnings data on Tuesday, July 14th. The company reported $1.82 earnings per share for the quarter. The company had revenue of $984.69 million for the quarter. Virtu Financial had a net margin of 13.50% and a return on equity of 49.06%. Virtu Financial has set its Q2 2026 guidance at 1.820-1.820 EPS. As a group, equities analysts expect that Virtu Financial will post 6.33 EPS for the current year.
Virtu Financial Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be given a dividend of $0.24 per share. The ex-dividend date is Tuesday, September 1st. This represents a $0.96 annualized dividend and a dividend yield of 1.7%. Virtu Financial’s dividend payout ratio is 15.95%.
Institutional Trading of Virtu Financial
A number of large investors have recently bought and sold shares of the business. Transamerica Financial Advisors LLC lifted its stake in shares of Virtu Financial by 480.6% in the 4th quarter. Transamerica Financial Advisors LLC now owns 836 shares of the company’s stock valued at $28,000 after purchasing an additional 692 shares during the period. EverSource Wealth Advisors LLC grew its stake in Virtu Financial by 103.8% during the second quarter. EverSource Wealth Advisors LLC now owns 760 shares of the company’s stock worth $34,000 after purchasing an additional 387 shares during the period. CIBC Private Wealth Group LLC grew its stake in Virtu Financial by 51.9% during the third quarter. CIBC Private Wealth Group LLC now owns 972 shares of the company’s stock worth $35,000 after purchasing an additional 332 shares during the period. Quarry LP bought a new stake in Virtu Financial in the third quarter worth approximately $35,000. Finally, International Assets Investment Management LLC bought a new stake in Virtu Financial in the fourth quarter worth approximately $37,000. 45.78% of the stock is currently owned by institutional investors and hedge funds.
About Virtu Financial
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.
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