FY2028 EPS Estimates for Virtu Financial Boosted by Analyst

Virtu Financial, Inc. (NYSE:VIRT) – Equities research analysts at Zacks Research increased their FY2028 earnings estimates for Virtu Financial in a research report issued to clients and investors on Thursday, August 27th. Zacks Research analyst Team now expects that the company will earn $5.49 per share for the year, up from their prior forecast of $5.48. Zacks Research 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 earnings per share (EPS) for the quarter. The company had revenue of $984.69 million for the quarter. Virtu Financial had a return on equity of 49.06% and a net margin of 13.50%.Virtu Financial has set its Q2 2026 guidance at 1.820-1.820 EPS.

Several other research analysts also recently commented on the company. Wall Street Zen downgraded Virtu Financial from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. The Goldman Sachs Group increased their price objective on Virtu Financial from $51.00 to $63.00 and gave the company a “neutral” rating in a research report on Tuesday, June 30th. Morgan Stanley raised their price objective 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. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Virtu Financial in a research report on Wednesday, August 26th. Finally, Piper Sandler upped their target price on shares of Virtu Financial from $61.00 to $70.00 and gave the company an “overweight” rating in a research note on Wednesday, July 15th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $58.80.

Virtu Financial Price Performance

Shares of NYSE:VIRT opened at $65.83 on Monday. The business has a 50 day moving average price of $60.73 and a 200 day moving average price of $52.26. Virtu Financial has a twelve month low of $31.55 and a twelve month high of $68.76. The company has a market cap of $10.22 billion, a price-to-earnings ratio of 10.94, a PEG ratio of 0.45 and a beta of 0.60. The company has a quick ratio of 0.45, a current ratio of 0.45 and a debt-to-equity ratio of 0.87.

Hedge Funds Weigh In On Virtu Financial

Hedge funds have recently made changes to their positions in the business. Transamerica Financial Advisors LLC lifted its holdings in shares of Virtu Financial by 480.6% during the 4th quarter. Transamerica Financial Advisors LLC now owns 836 shares of the company’s stock worth $28,000 after acquiring an additional 692 shares during the period. EverSource Wealth Advisors LLC increased its stake in Virtu Financial by 103.8% in the second quarter. EverSource Wealth Advisors LLC now owns 760 shares of the company’s stock valued at $34,000 after acquiring an additional 387 shares during the period. CIBC Private Wealth Group LLC raised its position in Virtu Financial by 51.9% in 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 in the last quarter. Quarry LP acquired a new position in Virtu Financial in the third quarter worth about $35,000. Finally, International Assets Investment Management LLC bought a new position in Virtu Financial during the fourth quarter worth about $37,000. Institutional investors and hedge funds own 45.78% of the company’s stock.

Insider Buying and Selling

In other news, Director John Nixon sold 9,094 shares of the business’s stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $60.13, for a total transaction of $546,822.22. Following the sale, the director directly owned 30,902 shares in the company, valued at approximately $1,858,137.26. The trade was a 22.74% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Joseph J. Grano, Jr. sold 8,400 shares of the company’s stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $60.94, for a total value of $511,896.00. Following the completion of the transaction, the director owned 33,814 shares of the company’s stock, valued at $2,060,625.16. The trade was a 19.90% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 46.76% of the company’s stock.

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 issued a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend is Tuesday, September 1st. Virtu Financial’s dividend payout ratio (DPR) is presently 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.