Zacks Research Raises Earnings Estimates for Virtu Financial

Virtu Financial, Inc. (NASDAQ:VIRTFree Report) – Investment analysts at Zacks Research upped their Q2 2025 earnings per share estimates for shares of Virtu Financial in a research report issued on Tuesday, May 6th. Zacks Research analyst K. Dey now forecasts that the financial services provider will post earnings of $0.78 per share for the quarter, up from their prior estimate of $0.75. The consensus estimate for Virtu Financial’s current full-year earnings is $3.13 per share. Zacks Research also issued estimates for Virtu Financial’s Q3 2025 earnings at $0.65 EPS, FY2025 earnings at $3.28 EPS, Q1 2026 earnings at $0.89 EPS, Q3 2026 earnings at $0.66 EPS, Q4 2026 earnings at $0.73 EPS, FY2026 earnings at $3.06 EPS and FY2027 earnings at $3.35 EPS.

VIRT has been the topic of a number of other reports. JPMorgan Chase & Co. boosted their target price on Virtu Financial from $37.00 to $39.00 and gave the stock a “neutral” rating in a research report on Thursday, April 24th. UBS Group reiterated a “neutral” rating and set a $40.00 target price (up from $38.00) on shares of Virtu Financial in a research report on Thursday, April 24th. Morgan Stanley raised their target price on shares of Virtu Financial from $26.00 to $28.00 and gave the company an “underweight” rating in a report on Thursday, April 24th. Bank of America decreased their price target on shares of Virtu Financial from $56.00 to $48.00 and set a “buy” rating on the stock in a research note on Wednesday, April 2nd. Finally, Evercore ISI lifted their price objective on shares of Virtu Financial from $41.00 to $42.00 and gave the stock an “in-line” rating in a research note on Thursday, April 24th. One analyst has rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, Virtu Financial currently has an average rating of “Hold” and a consensus target price of $37.88.

Read Our Latest Stock Report on Virtu Financial

Virtu Financial Stock Up 1.6 %

Shares of VIRT stock opened at $43.15 on Friday. The company’s fifty day simple moving average is $37.77 and its two-hundred day simple moving average is $36.75. Virtu Financial has a 52 week low of $21.55 and a 52 week high of $43.45. The stock has a market cap of $6.65 billion, a P/E ratio of 14.53, a PEG ratio of 1.43 and a beta of 0.68. The company has a quick ratio of 0.46, a current ratio of 1.13 and a debt-to-equity ratio of 1.17.

Virtu Financial (NASDAQ:VIRTGet Free Report) last released its earnings results on Wednesday, April 23rd. The financial services provider reported $1.30 EPS for the quarter, topping the consensus estimate of $0.99 by $0.31. The firm had revenue of $497.14 million for the quarter, compared to the consensus estimate of $444.23 million. Virtu Financial had a net margin of 9.61% and a return on equity of 27.39%. The company’s quarterly revenue was up 30.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.76 earnings per share.

Hedge Funds Weigh In On Virtu Financial

Institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. grew its stake in Virtu Financial by 1.8% in the first quarter. Vanguard Group Inc. now owns 9,568,548 shares of the financial services provider’s stock worth $364,753,000 after purchasing an additional 165,396 shares in the last quarter. Bank of Nova Scotia raised its holdings in shares of Virtu Financial by 3.9% in the 1st quarter. Bank of Nova Scotia now owns 10,379 shares of the financial services provider’s stock valued at $396,000 after purchasing an additional 392 shares in the last quarter. Jefferies Financial Group Inc. purchased a new position in Virtu Financial during the first quarter valued at approximately $715,000. Natixis Advisors LLC raised its stake in Virtu Financial by 38.6% in the first quarter. Natixis Advisors LLC now owns 15,586 shares of the financial services provider’s stock worth $594,000 after buying an additional 4,343 shares in the last quarter. Finally, XTX Topco Ltd lifted its holdings in Virtu Financial by 143.1% during the first quarter. XTX Topco Ltd now owns 21,533 shares of the financial services provider’s stock worth $821,000 after buying an additional 12,674 shares during the period. 45.78% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Virtu Financial

In related news, EVP Stephen Cavoli sold 34,000 shares of the firm’s stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $37.41, for a total value of $1,271,940.00. Following the transaction, the executive vice president now owns 157,703 shares of the company’s stock, valued at $5,899,669.23. This trade represents a 17.74 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, COO Brett Fairclough sold 72,967 shares of Virtu Financial stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $36.84, for a total transaction of $2,688,104.28. Following the sale, the chief operating officer now owns 90,749 shares of the company’s stock, valued at $3,343,193.16. The trade was a 44.57 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 496,848 shares of company stock worth $18,995,338. 47.20% of the stock is currently owned by company insiders.

Virtu Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 16th. Stockholders of record on Friday, May 30th will be paid a dividend of $0.24 per share. The ex-dividend date is Friday, May 30th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.22%. Virtu Financial’s dividend payout ratio is 27.75%.

About Virtu Financial

(Get Free Report)

Virtu Financial, Inc operates as a financial services company in the United States, Asia Pacific, Canada, EMEA, Ireland, and internationally. The company operates through two segments, Market Making and Execution Services. Its product includes offerings in execution, liquidity sourcing, analytics and broker-neutral, capital markets, and multi-dealer platforms in workflow technology.

Read More

Earnings History and Estimates for Virtu Financial (NASDAQ:VIRT)

Receive News & Ratings for Virtu Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Virtu Financial and related companies with MarketBeat.com's FREE daily email newsletter.