Shares of Virtu Financial, Inc. (NYSE:VIRT – Get Free Report) have received an average rating of “Hold” from the eight brokerages that are currently covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and three have given a buy rating to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $55.1667.
VIRT has been the topic of several research analyst reports. Piper Sandler lifted their price objective on shares of Virtu Financial from $61.00 to $70.00 and gave the stock an “overweight” rating in a research report on Wednesday. Zacks Research downgraded Virtu Financial from a “strong-buy” rating to a “hold” rating in a report on Monday, July 13th. Weiss Ratings reissued a “buy (b-)” rating on shares of Virtu Financial in a research report on Friday, May 29th. JPMorgan Chase & Co. increased their price objective on Virtu Financial from $44.00 to $51.00 and gave the stock a “neutral” rating in a research note on Thursday, April 30th. Finally, Morgan Stanley raised their price objective on Virtu Financial from $39.00 to $57.00 and gave the stock an “underweight” rating in a research report on Friday, July 10th.
Check Out Our Latest Analysis on VIRT
Insider Activity at Virtu Financial
Institutional Investors Weigh In On Virtu Financial
A number of institutional investors have recently modified their holdings of the stock. Clark Capital Management Group Inc. lifted its holdings in Virtu Financial by 32.2% in the 3rd quarter. Clark Capital Management Group Inc. now owns 275,978 shares of the company’s stock worth $9,797,000 after purchasing an additional 67,230 shares during the last quarter. Algebris UK Ltd. acquired a new position in Virtu Financial during the fourth quarter valued at approximately $22,377,000. Stephens Investment Management Group LLC raised its position in shares of Virtu Financial by 27.5% in the first quarter. Stephens Investment Management Group LLC now owns 516,366 shares of the company’s stock valued at $22,710,000 after purchasing an additional 111,437 shares during the period. Robertson Stephens Wealth Management LLC bought a new position in shares of Virtu Financial in the fourth quarter valued at approximately $2,489,000. Finally, Prana Capital Management LP lifted its stake in shares of Virtu Financial by 323.6% in the third quarter. Prana Capital Management LP now owns 80,970 shares of the company’s stock worth $2,874,000 after buying an additional 61,854 shares during the last quarter. Institutional investors and hedge funds own 45.78% of the company’s stock.
Virtu Financial Stock Down 4.3%
VIRT opened at $55.78 on Monday. The company has a debt-to-equity ratio of 0.92, a quick ratio of 0.48 and a current ratio of 0.48. The company has a market capitalization of $8.65 billion, a PE ratio of 9.23, a P/E/G ratio of 0.39 and a beta of 0.58. The stock’s fifty day moving average is $57.14 and its 200-day moving average is $46.98. Virtu Financial has a one year low of $31.55 and a one year high of $68.02.
Virtu Financial (NYSE:VIRT – Get Free Report) last announced its quarterly earnings data on Tuesday, July 14th. The company reported $1.82 earnings per share (EPS) for the quarter. The company had revenue of $718.00 million for the quarter. Virtu Financial had a net margin of 14.17% and a return on equity of 51.63%. Virtu Financial has set its Q2 2026 guidance at 1.820-1.820 EPS. On average, equities analysts predict that Virtu Financial will post 6.26 EPS for the current fiscal year.
Virtu Financial Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 1st were given a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend was Monday, June 1st. Virtu Financial’s dividend payout ratio is 15.89%.
Virtu Financial Company Profile
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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