Zacks Research Analysts Lift Earnings Estimates for Virtu Financial, Inc. (NASDAQ:VIRT)

Virtu Financial, Inc. (NASDAQ:VIRT) – Analysts at Zacks Research boosted their Q1 2025 earnings estimates for Virtu Financial in a research report issued to clients and investors on Tuesday, September 17th. Zacks Research analyst K. Dey now expects that the financial services provider will earn $0.68 per share for the quarter, up from their previous forecast of $0.67. The consensus estimate for Virtu Financial’s current full-year earnings is $2.42 per share. Zacks Research also issued estimates for Virtu Financial’s Q2 2025 earnings at $0.61 EPS, FY2025 earnings at $2.50 EPS and FY2026 earnings at $2.37 EPS.

Virtu Financial (NASDAQ:VIRT) last posted its earnings results on Thursday, July 18th. The financial services provider reported $0.83 EPS for the quarter, topping the consensus estimate of $0.60 by $0.23. The firm had revenue of $385.10 million for the quarter, compared to the consensus estimate of $331.92 million. Virtu Financial had a net margin of 7.59% and a return on equity of 22.74%. The business’s quarterly revenue was up 38.2% on a year-over-year basis. During the same period in the prior year, the business posted $0.29 earnings per share.

Several other brokerages also recently issued reports on VIRT. Bank of America raised their price target on Virtu Financial from $25.00 to $37.00 and gave the company a “buy” rating in a research report on Monday, July 22nd. The Goldman Sachs Group raised their price target on Virtu Financial from $22.00 to $26.00 and gave the company a “neutral” rating in a research report on Monday, July 22nd. StockNews.com raised Virtu Financial from a “sell” rating to a “hold” rating in a research report on Wednesday, June 19th. Piper Sandler increased their target price on shares of Virtu Financial from $25.00 to $31.00 and gave the company an “overweight” rating in a research note on Friday, July 19th. Finally, Citigroup increased their target price on shares of Virtu Financial from $26.00 to $32.00 and gave the company a “buy” rating in a research note on Friday, July 19th. Five investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $27.36.

Virtu Financial Trading Down 2.2 %

Shares of NASDAQ:VIRT opened at $30.95 on Friday. The company has a market cap of $4.82 billion, a P/E ratio of 21.64, a P/E/G ratio of 0.52 and a beta of 0.38. The stock’s 50-day moving average is $29.22 and its 200-day moving average is $24.32. Virtu Financial has a 52-week low of $16.02 and a 52-week high of $32.88. The company has a debt-to-equity ratio of 1.22, a quick ratio of 0.43 and a current ratio of 0.43.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Riverview Trust Co bought a new position in shares of Virtu Financial in the first quarter valued at approximately $26,000. Quarry LP raised its stake in shares of Virtu Financial by 79.9% in the fourth quarter. Quarry LP now owns 1,680 shares of the financial services provider’s stock valued at $34,000 after acquiring an additional 746 shares during the last quarter. International Assets Investment Management LLC bought a new position in shares of Virtu Financial in the second quarter valued at approximately $39,000. Abich Financial Wealth Management LLC raised its stake in shares of Virtu Financial by 55.3% in the first quarter. Abich Financial Wealth Management LLC now owns 2,193 shares of the financial services provider’s stock valued at $45,000 after acquiring an additional 781 shares during the last quarter. Finally, Innealta Capital LLC bought a new position in shares of Virtu Financial in the second quarter valued at approximately $46,000. Institutional investors own 45.78% of the company’s stock.

Insiders Place Their Bets

In other Virtu Financial news, Director Virginia Gambale sold 5,400 shares of the firm’s stock in a transaction dated Monday, August 5th. The shares were sold at an average price of $27.30, for a total transaction of $147,420.00. Following the completion of the transaction, the director now owns 24,122 shares in the company, valued at $658,530.60. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 46.70% of the company’s stock.

Virtu Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Sunday, September 15th. Shareholders of record on Sunday, September 1st were paid a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a yield of 3.10%. The ex-dividend date was Friday, August 30th. Virtu Financial’s dividend payout ratio is 67.13%.

About Virtu Financial

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.