Zacks Research Forecasts Higher Earnings for Virtu Financial

Virtu Financial, Inc. (NYSE:VIRT – Free Report) – Research analysts at Zacks Research raised their Q4 2026 EPS estimates for shares of Virtu Financial in a research note issued to investors on Monday, October 5th. Zacks Research analyst Team now anticipates that the company will post earnings per share of $1.26 for the quarter, up from their prior estimate of $1.25. Zacks Research 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 equities analysts have also weighed in on VIRT. 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 report on Friday, July 10th. Wall Street Zen downgraded Virtu Financial from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. Piper Sandler reissued an “overweight” rating on shares of Virtu Financial in a report on Friday. The Goldman Sachs Group boosted their price target on Virtu Financial from $51.00 to $63.00 and gave the stock a “neutral” rating in a research note on Tuesday, June 30th. Finally, JPMorgan Chase & Co. upgraded Virtu Financial from a “neutral” rating to an “overweight” rating and set a $84.00 price target for the company in a research note on Monday. Five investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Virtu Financial presently has a consensus rating of “Moderate Buy” and a consensus price target of $63.80.

Read Our Latest Analysis on VIRT

Virtu Financial Trading Down 2.0%

NYSE:VIRT opened at $61.63 on Tuesday. The company’s 50 day moving average price is $59.68 and its 200-day moving average price is $55.71. Virtu Financial has a 52 week low of $31.55 and a 52 week high of $68.76. The company has a quick ratio of 0.45, a current ratio of 0.45 and a debt-to-equity ratio of 0.87. The stock has a market cap of $9.57 billion, a price-to-earnings ratio of 10.24, a PEG ratio of 0.46 and a beta of 0.65.

Virtu Financial (NYSE:VIRT – Get Free Report) last issued its earnings results on Tuesday, July 14th. The company reported $1.82 earnings per share (EPS) for the quarter. The business had revenue of $984.69 million during the quarter. Virtu Financial had a net margin of 13.50% and a return on equity of 49.06%. Virtu Financial has set its Q2 2026 guidance at 1.820-1.820 EPS.

Virtu Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st were issued a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend was Tuesday, September 1st. Virtu Financial’s payout ratio is presently 15.95%.

Insider Buying and Selling

In other Virtu Financial news, Director Joseph J. Grano, Jr. sold 8,400 shares of Virtu Financial stock in a transaction that occurred 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 sale, the director owned 33,814 shares of the company’s stock, valued at approximately $2,060,625.16. The trade was a 19.90% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director John Nixon sold 9,094 shares of Virtu Financial 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 completion of the sale, the director directly owned 30,902 shares of the company’s stock, valued at approximately $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. 46.76% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Virtu Financial

A number of institutional investors and hedge funds have recently modified their holdings of the company. Allspring Global Investments Holdings LLC increased its position in Virtu Financial by 41.9% during the first quarter. Allspring Global Investments Holdings LLC now owns 1,928,509 shares of the company’s stock valued at $85,607,000 after acquiring an additional 569,057 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in Virtu Financial by 1.0% in the first quarter. Dimensional Fund Advisors LP now owns 1,920,590 shares of the company’s stock worth $84,458,000 after purchasing an additional 19,888 shares during the last quarter. Wellington Management Group LLP boosted its position in Virtu Financial by 39.8% in the second quarter. Wellington Management Group LLP now owns 782,114 shares of the company’s stock worth $46,591,000 after purchasing an additional 222,859 shares during the last quarter. Bank of America Corp DE grew its stake in shares of Virtu Financial by 115.4% during the 1st quarter. Bank of America Corp DE now owns 672,405 shares of the company’s stock valued at $29,572,000 after purchasing an additional 360,288 shares during the period. Finally, Bank of New York Mellon Corp grew its stake in shares of Virtu Financial by 0.7% during the 1st quarter. Bank of New York Mellon Corp now owns 628,693 shares of the company’s stock valued at $27,650,000 after purchasing an additional 4,183 shares during the period. 45.78% of the stock is currently owned by hedge funds and other institutional investors.

Virtu Financial News Summary

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

  • Positive Sentiment: JPMorgan upgraded Virtu Financial from Neutral to Overweight and raised its price target to $84 from $61. The new target implies substantial potential upside from the recent trading level and was initially associated with gains in Virtu shares. JPMorgan upgrade and price-target increase
  • Positive Sentiment: Zacks Research slightly increased its fourth-quarter 2026 earnings-per-share forecast to $1.26 from $1.25, while the consensus full-year estimate remains $6.38 per share. The revision indicates modestly improved earnings expectations, although Zacks retained a Hold rating. Analyst earnings predictions for Virtu Financial
  • Neutral Sentiment: Several reports repeated JPMorgan’s upgrade, including coverage describing the shares as rising after the announcement. The multiple reports reinforce the positive analyst signal but do not represent separate fundamental developments. Virtu Financial shares rise after JPMorgan upgrade
  • Negative Sentiment: The stock’s subsequent decrease may reflect investors taking profits after the upgrade-driven move, particularly with shares trading near their 12-month high. No company-specific negative announcement was included in the reported news. JPMorgan upgrades Virtu Financial stock to Overweight

About Virtu Financial

(Get Free Report)

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.

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

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