Dernières nouvelles pour Virtu Finl (NASDAQ:VIRT) Stock

Virtu Finl

Virtu Financial Inc is a technology-enabled market maker and liquidity provider to the financial markets. The company's operating segment includes Market Making; and Execution Services. The non-operating segment of the company includes the Corporate segment. The company generates maximum revenue from the market-making segment. The Market Making segment principally consists of market-making in the cash, futures, and options markets across equities, options, fixed income, currencies, and commodities. Geographically, it derives a majority of its revenue from the United States and also has a presence in Ireland and Other Countries.

Virtu Financial, Inc. - Class A Common Stock

Virtu Financial Inc

VirTra Inc

Virtua - United States dollar

VIRTUAL ED LINK INC by Virtual Ed Link, Inc.

Virtual Ed Link Inc

VIRTUAL INTERACTIVE TECH by Virtual Interactive Technologies Corp.

Virtual Interactive Technologies Corp

VIRTUAL MEDICAL INTL INC by Virtual Medical International, Inc.

Virtual Medical International Inc

Virtue Poker

Virtus Diversified Income & Convertible Fund Common Shares of Beneficial Interest

Virtus AllianzGI Diversified Income & Convertible Fund

Virtus Equity & Convertible Income Fund Common Shares of Beneficial Interest

Virtus AllianzGI Equity & Convertible Income Fund

Virtus Artificial Intelligence & Technology Opportunities Fund Common Shares of Beneficial Interest

Virtus Artificial Intelligence & Technology Opportunities Fund

Virtus Convertible & Income 2024 Target Term Fund Com

Virtus Convertible & Income Fund 5.625% Series A Cumulative Preferred Shares

Virtus Convertible & Income Fund

Virtus Convertible & Income Fund Common Shares of Beneficial Interest

Virtus Convertible & Income Fund II 5.50% Series A Cumulative Preferred Shares

Virtus Convertible & Income Fund II

Virtus Convertible & Income Fund II Common Shares of Beneficial Interest

Virtus Dividend, Interest & Premium Strategy Fund Common Shares of Beneficial Interest

Virtus Dividend, Interest & Premium Strategy Fund

Virtus Duff & Phelps Clean Energy ETF

Virtus ETF Trust II VIRTUS SEIX AAA Private Credit CLO ETF

Virtus ETF Trust II Virtus AlphaSimplex Managed Futures ETF

Virtus ETF Trust II Virtus KAR Mid-Cap ETF

Virtus ETF Trust II Virtus Newfleet Short Duration Core Plus Bond ETF

Virtus ETF Trust II Virtus Stone Harbor Emerging Markets High Yield Bond ETF

Virtus ETF Trust II Virtus Terranova U.S. Quality Momentum ETF

Virtus Global Multi-Sector Income Fund Common Shares of Beneficial Interest

Virtus Global Multi-Sector Inc

Virtus InfraCap U.S. Preferred Stock ETF

Virtus Investment Partners, Inc. Common Stock

Virtus Investment Partners Inc

Virtus LifeSci Biotech Clinical Trials ETF

Virtus LifeSci Biotech Products ETF

Virtus Newfleet ABS/MBS ETF

Virtus Newfleet Multi-Sector Bond ETF

Virtus Newfleet Short Duration High Yield Bond ETF

Virtus Private Credit Strategy ETF

Virtus Real Asset Income ETF

Virtus Reaves Utilities ETF

Virtus Seix Senior Loan ETF

Virtus Stone Harbor Emerging Markets Income Fund Common Shares of Beneficial Interest

Virtus Stone Harbor Emerging Markets Income Fund

Virtus Stone Harbor Emerging Markets Total Income Fund Com

Virtus Total Return Fund Inc

Virtus WMC International Dividend ETF

BofA Securities analyst Craig Siegenthaler forecasts the major earnings beats for brokers this earnings season, <a target="_blank" href="https://www.benzinga.com/movers" rel="noreferrer noopener">steered by accelerating retail engagement.</a>
Siegenthaler also sees broad-based beats for traditional firms, supported by strong markets, foreign exchange, and higher management fees and non-operating income.
Here are a few of the most considerable companies, along with the analyst&#8217;s insights on them:
Virtu Financial, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VIRT#NASDAQ">VIRT</a>): The analyst reiterated a Buy rating on the stock,<a target="_blank" href="https://www.benzinga.com/quote/VIRT/analyst-ratings" rel="noreferrer noopener"> lowering the price forecast to $51 from $52.</a>
The analyst revised their EPS estimates for the fourth quarter of 2024, FY25, and FY26 to $0.94, $3.58, and $3.71, respectively, from previous estimates of $0.88, $3.65, and $3.78.
The increase in the fourth quarter estimate is attributed to a surge in retail activity driven by the U.S. election and strong market returns since August, with several retail brokerages reaching multi-year volume records. However, the revisions were offset by a reduction in the company&#8217;s market share and capture, as intra-quarter disclosures indicated a significant drop in market share sequentially.
Additionally, the volatility environment is expected to reduce revenue per share. The analyst writes that once retail activity slows down, market share and monetization challenges could become a bigger issue for the stock.
Also Read:<a target="_blank" href="https://www.benzinga.com/economics/macro-economic-events/25/01/42881085/is-labor-market-cooling-or-raising-fed-concerns-what-to-watch-in-fridays-jobs-report" rel="noreferrer noopener"> Is Labor Market Cooling Or Raising Fed Concerns? What To Watch In Friday&#8217;s Jobs Report</a>
Robinhood Markets, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>): The analyst reiterated the Buy rating on the stock, <a target="_blank" href="https://www.benzinga.com/quote/HOOD/analyst-ratings" rel="noreferrer noopener">raising the price forecast to $55 from $53. </a>Siegenthaler notes that both Robinhood and Coinbase Global, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>) have benefited from the recent crypto bull market, with the total cryptocurrency market cap surpassing its 2021 high due to election results, hopes for a transparent regulatory framework, and a more dovish environment.
While acknowledging the high valuations in the space, the analyst remains bullish, citing accelerating earnings potential driven by factors such as a bullish market beta, increases in nominal client cash balances, higher demand for borrowing and capital markets activity, and higher-for-longer rates that limit NIM compression.
The analyst raised their HOOD adjusted EPS estimates for 4Q24, 2026, and 2027 to $0.42, $1.41, and $1.82, respectively, from $0.22, $1.35, and $1.75, due to higher client activity, especially in crypto volumes.
BlackRock, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLK#NYSE">BLK</a>): The analyst reiterated the Buy rating on the stock,<a target="_blank" href="https://www.benzinga.com/quote/BLK/analyst-ratings" rel="noreferrer noopener"> raising the price forecast to $1,237 from $1,227.</a>
The analyst estimates BlackRock&#8217;s long-term organic growth to be 5% in 2024, up from 3% in 2023.
Siegenthaler sees a re-acceleration in 2025, primarily driven by BlackRock&#8217;s leading bond ETF business, anticipating passive investments will capture 60-70% of the fixed income rebalancing wave.
Additionally, the analyst sees potential upside to the 4Q24 consensus EPS due to positive beta from management fees and increased performance fees, although from lower-quality items.
The analyst raised their 4Q24/2025/2026 EPS estimates to $11.76/$47.70/$54.18, up from $11.32/$47.27/$53.73, mainly due to positive market conditions (beta) and foreign exchange (FX) factors.
Price Action: VIRT shares are trading higher by 1.64% to $36.77 at last check Wednesday. HOOD shares are trading lower by 0.09% to $40.53, and BLK shares are trading higher by 0.23% to $983.03.
Read Next:
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Image via Shutterstock.

Analyst Color

Equities

News

Price Target

Reiteration

Markets

Analyst Ratings

Trading Ideas

General

COIN

HOOD

VIRT

Analyst Predicts Strong Earnings For Brokers Amid Solid Retail Engagement: Virtu Financial, Robinhood, And BlackRock Under The Spotlight

Piper Sandler analyst Patrick Moley maintains Virtu Finl (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VIRT#NASDAQ">VIRT</a>) with a Overweight and raises the price target from $35 to $40.

Piper Sandler Maintains Overweight on Virtu Finl, Raises Price Target to $40

<a href="https://x.com/pulte/status/1870124107796263045" title="https://x.com/pulte/status/1870124107796263045">https://x.com/pulte/status/1870124107796263045</a>

Pulte Family Office On X Says "we are most compelled to support one prospective buyer for Virtu Financial: Apollo Global Management and we are prepared to commit up to $100 million in their potential take-private."

<a href="https://x.com/pulte/status/1869118593675432444" title="https://x.com/pulte/status/1869118593675432444">https://x.com/pulte/status/1869118593675432444</a>

Bill Pulte Posts On X 'Virtu should be worth at least 20% more upon a sale.'

WIIM

Virtu Financial shares are trading higher after the Pulte Family Office called on the company to sell itself to either a third-party private equity firm or another public company.

<a href="https://x.com/pulte/status/1869115643334934880" title="https://x.com/pulte/status/1869115643334934880">https://x.com/pulte/status/1869115643334934880</a>

The Pulte Family Office Calls Upon Virtu Financial To Sell Itself To Either A Third-Party PE Firm Or To Another Public Company

U.S. financial stocks are enjoying a banner year in 2024, with the sector posting the strongest yearly return in nearly three decades, fueled by the spectacular resilience of the American economy and soaring investor optimism for deregulation following Donald <a href="https://www.benzinga.com/topic/donald-trump">Trump</a><a href="https://www.benzinga.com/topic/donald-trump">'s November election victory.</a>
The iShares U.S. Financial ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IYF#NYSE">IYF</a>) has skyrocketed 34% year-to-date, representing the fund's best annual performance since its launch in 2001.
Similarly, other financial-focused ETFs have seen strong gains. The Financial Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLF#NYSE">XLF</a>) surged 31.7%, its strongest rally since 2013, while the Vanguard Financials ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VFH#NYSE">VFH</a>) climbed 32.4%.
<h3 class="wp-block-heading">Chart: A Year To Remember For Financial Stocks</h3>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="475" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/16154716/image-134-1024x475.png" alt="" class="wp-image-694668" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/16154716/image-134-1024x475.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/16154716/image-134-300x139.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/16154716/image-134-768x356.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/16154716/image-134-1536x713.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/16154716/image-134.png 1920w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
<h3 class="wp-block-heading">The Financial Sector&#8217;s Biggest Winners In 2024</h3>
This year has produced standout performances from a range of individual financial stocks. Below is a list of the 10 best-performing financial equities of 2024 within the IYF ETF:
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Name</td>
<td>Price Chg. % (YTD)</td>
</tr>
<tr>
<td>Robinhood Markets, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>)</td>
<td>242.28%</td>
</tr>
<tr>
<td>Interactive Brokers Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IBKR#NASDAQ">IBKR</a>)</td>
<td>118.22%</td>
</tr>
<tr>
<td>Jefferies Financial Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JEF#NYSE">JEF</a>)</td>
<td>102.81%</td>
</tr>
<tr>
<td>Apollo Global Management, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APO#NYSE">APO</a>)</td>
<td>91.31%</td>
</tr>
<tr>
<td>KKR &amp; Co. Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KKR#NYSE">KKR</a>)</td>
<td>88.71%</td>
</tr>
<tr>
<td>Coinbase Global, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>)</td>
<td>81.72%</td>
</tr>
<tr>
<td>Virtu Financial, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VIRT#NASDAQ">VIRT</a>)</td>
<td>80.90%</td>
</tr>
<tr>
<td>Evercore Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EVR#NYSE">EVR</a>)</td>
<td>74.57%</td>
</tr>
<tr>
<td>SoFi Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOFI#NASDAQ">SOFI</a>)</td>
<td>68.99%</td>
</tr>
<tr>
<td>Blue Owl Capital Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OWL#NYSE">OWL</a>) </td>
<td>66.88%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Data as of Dec. 16, 2024</figcaption></figure>
<h3 class="wp-block-heading">Why Financial Stocks Soared In 2024</h3>
The 2024 rally in financial stocks has been driven by a potent cocktail of strong economic growth, declining interest rates, and deregulation optimism.
The U.S. economy demonstrated remarkable resilience, with economic growth accelerating from 1.6% in the first quarter to 3% in the second quarter, and maintaining a solid 2.8% in the third quarter. 
Survey data for December further underscored this momentum, showing <a href="https://www.benzinga.com/economics/macro-economic-events/24/12/42511277/us-services-sector-booms-at-fastest-pace-since-october-2021-business-activity-leaps-to-over-two-year-highs">private-sector activity expanding at its fastest pace since April 2022</a>, with particularly strong growth in the services sector—the backbone of the financial economy.
Bank of America&#8217;s global economics team recently summarized the sentiment, stating, &#8220;Pro-growth policies like deregulation of financial services and energy, as well as lower taxes, are boosting market sentiment and asset prices.&#8221;
One of the most critical tailwinds was the de-inversion of the U.S. yield curve. The Federal Reserve's decision to ease interest rates, coupled with steady economic growth and resilient inflation, flipped the gap between short- and long-term Treasury yields. This dynamic allowed banks to borrow cheaply via short-term funding and lend at higher, long-term rates—improving net interest margins and boosting profitability.
Mortgage rates, for example, remain high because they are linked to longer-dated Treasury yields, even as interest rates have declined. 
"Economic growth data has been coming in generally better than expected lately, which has helped push Treasury yields higher, while at the same time pricing out the need for an aggressive rate-cutting campaign by the Fed," LPL Financial said in a recent note.
<h3 class="wp-block-heading">What's Next for Financial Stocks In 2025?</h3>
Heading into 2025, Wall Street sees more tailwinds for the financial sector, particularly from deregulation. "We expect a broad deregulatory push benefiting energy and financial services," Bank of America said. The firm also noted that deregulation in the banking system could ease credit constraints while stabilizing the financial system, especially given the rapid rise of private lending, which remains largely unregulated.
According to Goldman Sachs analyst Richard Ramsden, large-cap banks remain optimistic about the economy. "Healthy consumer spending trends and strong corporate balance sheets have supported a constructive outlook," Ramsden said in a recent note.
However, regional banks remain cautious about loan growth, with many pointing to a potential rebound in early-to-mid 2025. While client sentiment has improved post-election, this optimism hasn't yet translated into higher lending activity.
Read Next:
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<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/12/42468190/defense-stocks-face-headwinds-as-trumps-doge-targets-spending-cuts-goldman-sachs-downgrades-general-dynamics-to-sell">Defense Stocks Face Headwinds As Trump&#8217;s DOGE Targets Spending Cuts: Goldman Sachs Downgrades General Dynamics</a></li>
</ul>
Image created using artificial intelligence via Midjourney.

Large Cap

Sector ETFs

Econ #s

ETFs

IBKR

iShares Dow Jones US Financial Sector Index Fund

SOFI

Select Sector SPDR-Consumer Discretionary

Financial Stocks Near Record Year: Could Trump Deregulation Fuel Bigger Gains In 2025?

Piper Sandler analyst Patrick Moley reiterates Virtu Finl (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VIRT#NASDAQ">VIRT</a>) with a Overweight and maintains $35 price target.

Piper Sandler Reiterates Overweight on Virtu Finl, Maintains $35 Price Target

Virtu Financial, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VIRT#NASDAQ">VIRT</a>) shares are<a target="_blank" href="https://www.benzinga.com/movers" rel="noreferrer noopener"> trading lower on Thursday.</a>
The company reported third-quarter adjusted earnings per share of 82 cents, <a target="_blank" href="https://www.benzinga.com/pressreleases/24/10/g41512656/virtu-announces-third-quarter-2024-results" rel="noreferrer noopener">beating the analyst consensus estimate of 79 cents</a>. Quarterly revenues&nbsp;increased to $706.84 million, up 12.2% from the prior year.
Trading income, net, surged 40.5% to $444.0 million for the quarter, up from $316.1 million in the same period last year.
Adjusted net trading income rose 30.2% to $388.03 million this quarter, up from $298.0 million in the same period last year and above the consensus of $376.04 million.
Adjusted EBITDA increased 54% to $214.8 million for this quarter, with a corresponding margin&nbsp;of&nbsp;55.4%.
As of September 30, Virtu had $738.2 million in cash and equivalents and total long-term debt outstanding in an aggregate principal amount of $1.769 billion.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/earnings/24/10/41515619/delivery-giant-ups-breaks-revenue-miss-streak-after-10-quarters-stock-soars" rel="noreferrer noopener">Delivery Giant UPS Breaks Revenue-Miss Streak After 10 Quarters, Stock Soars</a>
Since the program&#8217;s inception in November 2020 through the settlement date of October 22, the company has repurchased approximately 49.2 million shares of Class A Common Stock and Virtu Financial Units for about $1.240 billion.
The company has approximately $479.3 million remaining for future purchases under the program.
Dividend: The company declared a quarterly cash dividend of 24 cents per share. This dividend is payable on December&nbsp;15, to shareholders of record as of December&nbsp;1.
Price Action: VIRT shares are trading lower by 6.18% to $30.35&nbsp;at last check Thursday.
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</ul>

Earnings

Guidance

Movers

Virtu Financial Q3: Earnings Beat, Revenue Surge, Dividend Payout & More

Virtu Financial shares are trading lower. The company reported Q3 financial results.

Virtu Q3 Total Revenues $706.8M

Virtu Finl Q3 2024 EPS $0.64, Normalized Adj. EPS $0.82

In the last three months, 8 analysts have published ratings on Virtu Finl (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VIRT#NASDAQ">VIRT</a>), offering a diverse range of perspectives from bullish to bearish.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $31.88, along with a high estimate of $37.00 and a low estimate of $25.00. Observing a 15.42% increase, the current average has risen from the previous average price target of $27.62. 
<img src="https://www.benzinga.com/files/images/story/2024/1729188036_0.png" alt="price target chart" />
<h2>Interpreting Analyst Ratings: A Closer Look</h2>
The analysis of recent analyst actions sheds light on the perception of Virtu Finl by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Michael Cyprys</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$25.00</td>
<td>$23.00</td>
</tr>
<tr>
<td>Christopher Allen</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Buy</td>
<td>$37.00</td>
<td>$32.00</td>
</tr>
<tr>
<td>Patrick Moley</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Overweight</td>
<td>$35.00</td>
<td>$31.00</td>
</tr>
<tr>
<td>Craig Siegenthaler</td>
<td>B of A Securities</td>
<td>Lowers</td>
<td>Buy</td>
<td>$35.00</td>
<td>$37.00</td>
</tr>
<tr>
<td>Alexander Blostein</td>
<td>Goldman Sachs</td>
<td>Raises</td>
<td>Neutral</td>
<td>$29.00</td>
<td>$26.00</td>
</tr>
<tr>
<td>Patrick Moley</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Overweight</td>
<td>$31.00</td>
<td>$25.00</td>
</tr>
<tr>
<td>Craig Siegenthaler</td>
<td>B of A Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$37.00</td>
<td>$25.00</td>
</tr>
<tr>
<td>Alexander Blostein</td>
<td>Goldman Sachs</td>
<td>Raises</td>
<td>Neutral</td>
<td>$26.00</td>
<td>$22.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Virtu Finl. This offers insight into analysts' perspectives on the current state of the company.</li>
<li>Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Virtu Finl compared to the broader market.</li>
<li>Price Targets: Delving into movements, analysts provide estimates for the future value of Virtu Finl's stock. This analysis reveals shifts in analysts' expectations over time.</li>
</ul>
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Virtu Finl's market position. Stay informed and make well-informed decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/VIRT/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Virtu Finl analyst ratings.</a>
<h2>Delving into Virtu Finl's Background</h2>
Virtu Financial Inc is a technology-enabled market maker and liquidity provider to the financial markets. The company's operating segment includes Market Making; and Execution Services. The non-operating segment of the company includes the Corporate segment. The company generates maximum revenue from the market-making segment. The Market Making segment principally consists of market-making in the cash, futures, and options markets across equities, options, fixed income, currencies, and commodities. Geographically, it derives a majority of its revenue from the United States and also has a presence in Ireland and Other Countries.
<h3>A Deep Dive into Virtu Finl's Financials</h3>
Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.
Positive Revenue Trend: Examining Virtu Finl's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 36.72% as of 30 June, 2024, showcasing a substantial increase in top-line earnings. When compared to others in the Financials sector, the company excelled with a growth rate higher than the average among peers.
Net Margin: Virtu Finl's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of 9.07%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Virtu Finl's ROE stands out, surpassing industry averages. With an impressive ROE of 5.14%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): Virtu Finl's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of 0.47%, the company may face hurdles in achieving optimal financial performance.
Debt Management: Virtu Finl's debt-to-equity ratio surpasses industry norms, standing at 4.87. This suggests the company carries a substantial amount of debt, posing potential financial challenges.
<h2>The Significance of Analyst Ratings Explained</h2>
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

The Analyst Landscape: 8 Takes On Virtu Finl

Morgan Stanley analyst Michael Cyprys maintains Virtu Finl (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VIRT#NASDAQ">VIRT</a>) with a Equal-Weight and raises the price target from $23 to $25.

Morgan Stanley Maintains Equal-Weight on Virtu Finl, Raises Price Target to $25

Citigroup analyst Christopher Allen maintains Virtu Finl (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VIRT#NASDAQ">VIRT</a>) with a Buy and raises the price target from $32 to $37.

Citigroup Maintains Buy on Virtu Finl, Raises Price Target to $37

Piper Sandler analyst Patrick Moley maintains Virtu Finl (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VIRT#NASDAQ">VIRT</a>) with a Overweight and raises the price target from $31 to $35.

Piper Sandler Maintains Overweight on Virtu Finl, Raises Price Target to $35

B of A Securities analyst Craig Siegenthaler maintains Virtu Finl (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VIRT#NASDAQ">VIRT</a>) with a Buy and lowers the price target from $37 to $35.

B of A Securities Maintains Buy on Virtu Finl, Lowers Price Target to $35

Across the recent three months, 6 analysts have shared their insights on Virtu Finl (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VIRT#NASDAQ">VIRT</a>), expressing a variety of opinions spanning from bullish to bearish.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $31.0, along with a high estimate of $37.00 and a low estimate of $26.00. Observing a 24.85% increase, the current average has risen from the previous average price target of $24.83. 
<img src="https://www.benzinga.com/files/images/story/2024/1727704846_0.png" alt="price target chart" />
<h2>Analyzing Analyst Ratings: A Detailed Breakdown</h2>
A clear picture of Virtu Finl's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Alexander Blostein</td>
<td>Goldman Sachs</td>
<td>Raises</td>
<td>Neutral</td>
<td>$29.00</td>
<td>$26.00</td>
</tr>
<tr>
<td>Patrick Moley</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Overweight</td>
<td>$31.00</td>
<td>$25.00</td>
</tr>
<tr>
<td>Craig Siegenthaler</td>
<td>B of A Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$37.00</td>
<td>$25.00</td>
</tr>
<tr>
<td>Alexander Blostein</td>
<td>Goldman Sachs</td>
<td>Raises</td>
<td>Neutral</td>
<td>$26.00</td>
<td>$22.00</td>
</tr>
<tr>
<td>Christopher Allen</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Buy</td>
<td>$32.00</td>
<td>$26.00</td>
</tr>
<tr>
<td>Patrick Moley</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Overweight</td>
<td>$31.00</td>
<td>$25.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Virtu Finl. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Virtu Finl compared to the broader market.</li>
<li>Price Targets: Gaining insights, analysts provide estimates for the future value of Virtu Finl's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
For valuable insights into Virtu Finl's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/VIRT/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Virtu Finl analyst ratings.</a>
<h2>All You Need to Know About Virtu Finl</h2>
Virtu Financial Inc is a technology-enabled market maker and liquidity provider to the financial markets. The company's operating segment includes Market Making; and Execution Services. The non-operating segment of the company includes the Corporate segment. The company generates maximum revenue from the market-making segment. The Market Making segment principally consists of market-making in the cash, futures, and options markets across equities, options, fixed income, currencies, and commodities. Geographically, it derives a majority of its revenue from the United States and also has a presence in Ireland and Other Countries.
<h3>Virtu Finl's Financial Performance</h3>
Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
Revenue Growth: Over the 3 months period, Virtu Finl showcased positive performance, achieving a revenue growth rate of 36.72% as of 30 June, 2024. This reflects a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Financials sector.
Net Margin: Virtu Finl's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of 9.07%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Virtu Finl's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 5.14%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): Virtu Finl's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of 0.47%, the company may face hurdles in achieving optimal financial performance.
Debt Management: Virtu Finl's debt-to-equity ratio is notably higher than the industry average. With a ratio of 4.87, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
<h2>The Basics of Analyst Ratings</h2>
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Forecasting The Future: 6 Analyst Projections For Virtu Finl

Goldman Sachs analyst Alexander Blostein maintains Virtu Finl (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VIRT#NASDAQ">VIRT</a>) with a Neutral and raises the price target from $26 to $29.

Goldman Sachs Maintains Neutral on Virtu Finl, Raises Price Target to $29

As of Sept. 6, 2024, four stocks in the financials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
The RSI is a momentum indicator, which compares a stock&#8217;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#8217;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the <a href="https://www.benzinga.com/topic/rsi">RSI is above 70</a>, according to <a href="https://pro.benzinga.com/&quot;">Benzinga Pro</a>. 
Here's the latest list of major overbought players in this sector.
<h3 class="wp-block-heading">Virtu Financial Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VIRT#NASDAQ">VIRT</a>)</h3>
<ul>
<li>On July 18, Virtu Financial reported better-than-expected second-quarter financial results. Virtu's board of directors declared a quarterly cash dividend of 24 cents per share. This dividend is payable on Sept. 15 to shareholders of record as of Sept. 1. The company's stock gained around 14% over the past month and has a <a href="https://www.benzinga.com/quote/VIRT">52-week high of $31.75</a>.</li>
<li>RSI Value: 83.52&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</li>
<li>VIRT Price Action: Shares of Virtu Financial gained 0.8% to close at $31.44 on Thursday.</li>
</ul>
<h3 class="wp-block-heading">KKR Real Estate Finance Trust Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KREF#NYSE">KREF</a>)</h3>
<ul>
<li>On July 22, KKR Real Estate Finance posted upbeat quarterly results. The company's stock gained around 15% over the past month and <a href="https://www.benzinga.com/quote/KREF">has a 52-week high</a> of $14.12.</li>
<li>RSI Value: 70.54</li>
<li>KREF Price Action: Shares of KKR Real Estate Finance Trust surged 5.7% to close at $12.24 on Thursday.</li>
</ul>
<h3 class="wp-block-heading">Heritage Insurance Holdings Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HRTG#NYSE">HRTG</a>)</h3>
<ul>
<li>On Aug. 6, Heritage Insurance posted upbeat quarterly earnings. &#8220;First, on behalf of the entire Heritage family, we wish a swift and complete recovery to all of those impacted by Hurricane Debby.  Our team has been responding to policyholder needs and remains ready to provide outstanding claim service.  With regard to the second quarter, our strong results demonstrate the continued execution of our underwriting and rate adequacy initiatives over the last three years,&#8221; remarked Ernie Garateix, CEO at Heritage. The company's stock gained around 124% over the past month and has a<a href="https://www.benzinga.com/quote/HRTG"> 52-week high</a> of $16.90.</li>
<li>RSI Value: 75.73</li>
<li>HRTG Price Action: Shares of Heritage Insurance fell 2.3% to close at $16.27 on Thursday.</li>
</ul>
<h3 class="wp-block-heading">First Northwest BanCorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FNWB#NASDAQ">FNWB</a>)</h3>
<ul>
<li>On July 25, First Northwest Bancorp posted better-than-expected quarterly sales. &#8220;In spite of challenging times for the entire industry as a result of the rate environment, First Northwest executed on a balance sheet restructure strategy. The restructure included a sale-leaseback transaction for six of our branches, a restructure of our bank-owned life insurance policies, two securities loss sale transactions, two balance sheet hedges against fixed rate loans and municipal bonds and the sale of our Visa B shares,&#8221; commented Matthew P. Deines, President and CEO. The company's stock jumped around 17% over the past month and has a 52-week high is $16.12.</li>
<li>RSI Value: 72.83</li>
<li>FNWB Price Action: Shares of First Northwest BanCorp fell 1% to close at $11.57 on Thursday. </li>
</ul>
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