Virtu Financial (NASDAQ:VIRT) Releases Earnings Results, Beats Expectations By $0.73 EPS

Virtu Financial (NASDAQ:VIRT) released its earnings results on Thursday. The financial services provider reported $1.85 earnings per share for the quarter, topping the consensus estimate of $1.12 by $0.73, Briefing.com reports. The business had revenue of $969.89 million during the quarter, compared to the consensus estimate of $513.51 million. Virtu Financial had a return on equity of 32.08% and a net margin of 10.43%.The business’s revenue for the quarter was up 16.3% compared to the same quarter last year. During the same period last year, the company earned $1.14 earnings per share.

Here are the key takeaways from Virtu Financial’s conference call:

• Virtu reported very strong trading results — adjusted net trading income of $613 million in Q4 (?$9.7M/day) and $2.1 billion for 2025, with Q4 Adjusted EBITDA of $442M (72% margin) and Adjusted EPS of $1.85.
• The firm increased invested capital by $625 million in 2025 (including $448M in H2) and said incremental capital generated an average 100% return, with plans to continue expanding capital to drive growth.
• Virtu Execution Services (VES) reached a record $2.0M/day in Q4 (seventh consecutive quarter of growth), attributed to technology investment, client wins, and expanded product offerings.
• Management emphasized the quarter’s strength was broad-based across global equities, FICC, options, commodities and crypto and aided by elevated volatility and volumes, not solely retail Rule 605 flow.
• Executives warned the results benefited from a favorable operating environment and unusually high returns on incremental capital that may not persist, and flagged regulatory/legal uncertainty for new markets plus rising compensation as potential headwinds.

Virtu Financial Price Performance

Shares of Virtu Financial stock traded up $0.33 on Friday, hitting $40.99. 551,437 shares of the company were exchanged, compared to its average volume of 1,183,301. The company has a quick ratio of 0.49, a current ratio of 0.49 and a debt-to-equity ratio of 1.11. Virtu Financial has a 1-year low of $31.55 and a 1-year high of $45.77. The company has a 50-day moving average price of $34.85 and a 200 day moving average price of $36.96. The stock has a market capitalization of $6.27 billion, a price-to-earnings ratio of 11.85, a price-to-earnings-growth ratio of 1.14 and a beta of 0.58.

Virtu Financial Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Friday, February 27th will be paid a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend is Friday, February 27th. Virtu Financial’s dividend payout ratio (DPR) is 20.78%.

Analyst Ratings Changes

VIRT has been the topic of a number of recent analyst reports. Bank of America raised Virtu Financial from a “neutral” rating to a “buy” rating and set a $45.00 price target on the stock in a research report on Tuesday, October 28th. Piper Sandler boosted their target price on shares of Virtu Financial from $51.00 to $54.00 and gave the company an “overweight” rating in a research report on Wednesday, January 14th. The Goldman Sachs Group restated a “neutral” rating and issued a $40.00 price objective on shares of Virtu Financial in a research report on Friday. Finally, Morgan Stanley raised their target price on Virtu Financial from $35.00 to $36.00 and gave the company an “underweight” rating in a research report on Thursday, January 22nd. Two equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $43.00.

Trending Headlines about Virtu Financial

Here are the key news stories impacting Virtu Financial this week:

• Positive Sentiment: Very strong Q4 results — normalized adjusted EPS of $1.85 and total revenue of $969.9M (well above consensus), with big gains in net trading income, adjusted EBITDA and margins that demonstrate operating leverage and cyclical resilience. Virtu Announces Fourth Quarter 2025 Results
• Positive Sentiment: Increased shareholder returns — the board declared a $0.24 quarterly cash dividend and the company highlighted prior buybacks (~$135M in 2025); management is emphasizing capital deployment as a lever for shareholder value. Press Release / Slide Deck
• Positive Sentiment: Management signals a further capital deployment push (reporting a $625M increase and a plan to return ~100% in 2025), which supports buyback/dividend narratives and can lift the multiple if sustained. Virtu targets further capital deployment with $625M increase and 100 percent return in 2025
• Neutral Sentiment: Analyst/valuation commentary mixed — recent write-ups assess valuation after the share-price momentum; price targets vary and some firms remain cautious, so near-term multiple expansion may be constrained by divergent analyst views. Assessing Virtu Financial (VIRT) Valuation After Recent Share Price Momentum
• Neutral Sentiment: Earnings materials available — the company posted the conference call, slide deck and presentation (useful for details on segments and forward commentary). Investors should review management’s remarks for any guidance or structural changes. Virtu Financial, Inc. 2025 Q4 – Results – Earnings Call Presentation
• Negative Sentiment: Insider selling & insider activity — recent disclosures show notable insider sales (including senior management), which can concern some investors about timing or tax-related selling and may cap near-term upside. QuiverQuant summary (includes insider activity)
• Negative Sentiment: Debt and leverage remain material — long-term borrowings exceed $2.0B (noted in the release); higher leverage raises sensitivity to funding costs and could limit flexibility if market conditions deteriorate. Virtu Announces Fourth Quarter 2025 Results

Institutional Trading of Virtu Financial

Hedge funds have recently made changes to their positions in the company. EverSource Wealth Advisors LLC increased its holdings in shares of Virtu Financial by 103.8% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 760 shares of the financial services provider’s stock worth $34,000 after buying an additional 387 shares during the last quarter. CIBC Private Wealth Group LLC grew its position in Virtu Financial by 51.9% in the third quarter. CIBC Private Wealth Group LLC now owns 972 shares of the financial services provider’s stock worth $35,000 after acquiring an additional 332 shares during the period. Quarry LP acquired a new stake in Virtu Financial during the third quarter worth $35,000. Jones Financial Companies Lllp raised its position in Virtu Financial by 1,624.1% in the first quarter. Jones Financial Companies Lllp now owns 1,000 shares of the financial services provider’s stock valued at $38,000 after purchasing an additional 942 shares during the period. Finally, M&T Bank Corp acquired a new position in shares of Virtu Financial in the 2nd quarter valued at $207,000. Hedge funds and other institutional investors own 45.78% of the company’s stock.

About Virtu Financial

Virtu Financial, Inc (NASDAQ: VIRT) is a leading global electronic trading firm specializing in market making, liquidity provision and trade execution services across a broad range of asset classes. Leveraging advanced quantitative models and proprietary trading technology, Virtu provides continuous bid and ask quotes in equities, fixed income, foreign exchange, commodities and digital assets. The firm’s infrastructure is designed to operate at high speeds and low latencies, enabling tight spreads and efficient price discovery for its clients.

In addition to its market-making activities, Virtu offers agency execution services, algorithmic trading strategies and transaction cost analysis tools.