Virtu Financial, Inc. (NYSE:VIRT) Receives $58.80 Average Target Price from Analysts

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

A number of research analysts recently issued reports on the stock. The Goldman Sachs Group raised their target price on shares of Virtu Financial from $51.00 to $63.00 and gave the company a “neutral” rating in a research note on Tuesday, June 30th. Weiss Ratings restated a “buy (b-)” rating on shares of Virtu Financial in a report on Friday, May 29th. Zacks Research downgraded Virtu Financial from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 13th. Piper Sandler boosted their price objective on Virtu Financial from $61.00 to $70.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 15th. Finally, Morgan Stanley increased their target price on Virtu Financial from $39.00 to $57.00 and gave the company an “underweight” rating in a research note on Friday, July 10th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. GAMMA Investing LLC increased its position in Virtu Financial by 4.3% in the 2nd quarter. GAMMA Investing LLC now owns 6,310 shares of the company’s stock valued at $376,000 after acquiring an additional 259 shares in the last quarter. NewEdge Advisors LLC lifted its position in shares of Virtu Financial by 2.2% during the fourth quarter. NewEdge Advisors LLC now owns 12,939 shares of the company’s stock worth $431,000 after purchasing an additional 275 shares in the last quarter. Optimist Retirement Group LLC lifted its position in shares of Virtu Financial by 3.5% during the fourth quarter. Optimist Retirement Group LLC now owns 8,277 shares of the company’s stock worth $276,000 after purchasing an additional 279 shares in the last quarter. Steward Partners Investment Advisory LLC grew its stake in shares of Virtu Financial by 18.5% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 1,868 shares of the company’s stock valued at $62,000 after purchasing an additional 291 shares during the last quarter. Finally, Oregon Public Employees Retirement Fund increased its holdings in shares of Virtu Financial by 1.7% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 18,237 shares of the company’s stock valued at $608,000 after purchasing an additional 300 shares in the last quarter. Institutional investors own 45.78% of the company’s stock.

Virtu Financial Stock Down 0.0%

VIRT opened at $55.83 on Friday. The firm has a market cap of $8.66 billion, a P/E ratio of 9.27, a price-to-earnings-growth ratio of 0.38 and a beta of 0.60. 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 business has a 50 day moving average price of $58.83 and a 200 day moving average price of $49.61. Virtu Financial has a twelve month low of $31.55 and a twelve month high of $68.02.

Virtu Financial (NYSE:VIRT) last released its quarterly earnings results on Tuesday, July 14th. The company reported $1.82 EPS for the quarter. Virtu Financial had a net margin of 13.50% and a return on equity of 49.06%. The company had revenue of $984.69 million for the quarter. Virtu Financial has set its Q2 2026 guidance at 1.820-1.820 EPS. Research analysts forecast that Virtu Financial will post 6.33 EPS for the current year.

Virtu Financial Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be issued a dividend of $0.24 per share. The ex-dividend date is Tuesday, September 1st. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.7%. Virtu Financial’s payout ratio is 15.95%.

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.