Zacks Research Lowers Earnings Estimates for Virtu Financial

Virtu Financial, Inc. (NYSE:VIRT) – Equities researchers at Zacks Research decreased their Q3 2028 earnings per share estimates for shares of Virtu Financial in a research note issued to investors on Friday, September 25th. Zacks Research analyst Team now anticipates that the company will post earnings per share of $1.39 for the quarter, down from their previous estimate of $1.40. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Virtu Financial’s current full-year earnings is $6.38 per share.

A number of other brokerages have also recently issued reports on VIRT. Wall Street Zen cut Virtu Financial from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. The Goldman Sachs Group raised their price target on shares of Virtu Financial from $51.00 to $63.00 and gave the company a “neutral” rating in a report on Tuesday, June 30th. JPMorgan Chase & Co. lifted their price target on shares of Virtu Financial from $51.00 to $59.00 and gave the company a “neutral” rating in a research report on Tuesday, July 28th. Morgan Stanley boosted 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. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Virtu Financial in a research report on Wednesday, August 26th. Three research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Virtu Financial has an average rating of “Hold” and an average target price of $58.80.

Virtu Financial Stock Performance

Virtu Financial stock opened at $58.61 on Friday. The company has a market cap of $9.10 billion, a price-to-earnings ratio of 9.74, a price-to-earnings-growth ratio of 0.40 and a beta of 0.65. Virtu Financial has a 12 month low of $31.55 and a 12 month high of $68.76. The company has a debt-to-equity ratio of 0.87, a current ratio of 0.45 and a quick ratio of 0.45. The stock’s 50-day moving average is $59.54 and its 200-day moving average is $55.27.

Virtu Financial (NYSE:VIRT) last issued its earnings results on Tuesday, July 14th. The company reported $1.82 earnings per share for the quarter. The firm 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.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. C M Bidwell & Associates Ltd. acquired a new stake in Virtu Financial during the 2nd quarter valued at $88,000. Assetmark Inc. boosted its position in Virtu Financial by 172.7% in the 1st quarter. Assetmark Inc. now owns 1,688 shares of the company’s stock valued at $74,000 after buying an additional 1,069 shares during the last quarter. AdvisorNet Financial Inc boosted its position in Virtu Financial by 24.5% in the 1st quarter. AdvisorNet Financial Inc now owns 2,224 shares of the company’s stock valued at $98,000 after buying an additional 437 shares during the last quarter. EverSource Wealth Advisors LLC grew its stake in shares of Virtu Financial by 246.7% during the first quarter. EverSource Wealth Advisors LLC now owns 2,593 shares of the company’s stock valued at $114,000 after acquiring an additional 1,845 shares in the last quarter. Finally, Global Retirement Partners LLC increased its position in shares of Virtu Financial by 20.7% during the fourth quarter. Global Retirement Partners LLC now owns 2,663 shares of the company’s stock worth $89,000 after acquiring an additional 457 shares during the last quarter. 45.78% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other Virtu Financial news, Director Joseph J. Grano, Jr. sold 8,400 shares of the company’s stock in a transaction that occurred 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 transaction, the director owned 33,814 shares in the company, valued at $2,060,625.16. This represents a 19.90% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director John Nixon sold 9,094 shares of the stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $60.13, for a total transaction of $546,822.22. Following the completion of the sale, the director directly owned 30,902 shares of the company’s stock, valued at $1,858,137.26. This trade represents a 22.74% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 46.76% of the company’s stock.

Virtu Financial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st were paid a $0.24 dividend. The ex-dividend date was Tuesday, September 1st. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.6%. Virtu Financial’s dividend payout ratio (DPR) is 15.95%.

About Virtu Financial

Virtu Financial, Inc is a global financial services company that provides liquidity and execution services to the financial markets. Through its market-making business, the company buys and sells securities across a range of asset classes, including equities, exchange-traded funds, options, fixed income, foreign exchange and commodities. Its activities help facilitate trading for investors and other market participants.

Virtu also provides institutional clients with technology, trading tools, analytics and workflow solutions through its execution services business.