Zacks Research Boosts Earnings Estimates for Virtu Financial

Virtu Financial, Inc. (NYSE:VIRT) – Equities research analysts at Zacks Research upped their FY2028 earnings per share estimates for Virtu Financial in a research note issued on Thursday, August 27th. Zacks Research analyst Team now forecasts that the company will post earnings per share of $5.49 for the year, up from their previous forecast of $5.48. Zacks Research currently has a “Strong-Buy” rating on the stock. The consensus estimate for Virtu Financial’s current full-year earnings is $6.38 per share.

Virtu Financial (NYSE:VIRT) last issued its quarterly 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 firm had revenue of $984.69 million during the quarter. Virtu Financial has set its Q2 2026 guidance at 1.820-1.820 EPS.

A number of other equities research analysts have also issued reports on the stock. The Goldman Sachs Group upped their target price 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. 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 research note on Friday, July 10th. Piper Sandler boosted their price target on shares of Virtu Financial from $61.00 to $70.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 15th. JPMorgan Chase & Co. upped their price objective on shares of Virtu Financial from $51.00 to $59.00 and gave the company a “neutral” rating in a research note on Tuesday, July 28th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Virtu Financial in a report on Wednesday, August 26th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $58.80.

Virtu Financial Trading Down 0.4%

Shares of VIRT stock opened at $65.39 on Monday. Virtu Financial has a fifty-two week low of $31.55 and a fifty-two week high of $68.76. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.45 and a current ratio of 0.45. The stock’s fifty day moving average is $60.77 and its two-hundred day moving average is $52.46. The firm has a market capitalization of $10.15 billion, a P/E ratio of 10.86, a PEG ratio of 0.44 and a beta of 0.62.

Institutional Investors Weigh In On Virtu Financial

Several hedge funds and other institutional investors have recently bought and sold shares of the company. California State Teachers Retirement System boosted its holdings in Virtu Financial by 5,841.5% in the 2nd quarter. California State Teachers Retirement System now owns 5,676,842 shares of the company’s stock valued at $338,169,000 after purchasing an additional 5,581,297 shares during the last quarter. Invesco Ltd. grew 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 valued at $84,149,000 after buying an additional 926,376 shares during the period. Allspring Global Investments Holdings LLC grew its stake in shares of Virtu Financial by 41.9% in 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 buying an additional 569,057 shares during the period. Dimensional Fund Advisors LP increased its holdings in shares of Virtu Financial by 1.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,920,590 shares of the company’s stock worth $84,458,000 after buying an additional 19,888 shares during the last quarter. Finally, Geode Capital Management LLC increased its holdings in shares of Virtu Financial by 1.0% during the 4th quarter. Geode Capital Management LLC now owns 1,395,686 shares of the company’s stock worth $46,514,000 after buying an additional 14,113 shares during the last quarter. 45.78% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Virtu Financial

In other Virtu Financial news, Director John Nixon sold 9,094 shares of the company’s stock in a transaction 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 completion of the sale, the director directly owned 30,902 shares in the company, valued at $1,858,137.26. This represents a 22.74% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Joseph J. Grano, Jr. sold 8,400 shares of the firm’s stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $60.94, for a total value of $511,896.00. Following the completion of the sale, 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. 46.76% of the stock is owned by corporate insiders.

Virtu Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be paid a dividend of $0.24 per share. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $0.96 dividend on an annualized basis and a yield of 1.5%. Virtu Financial’s payout ratio is 15.95%.

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.