Summary:
- Virtu Financial (VIRT, Financial) maintains its quarterly dividend at $0.24 per share.
- Analysts set an average price target of $41.00, indicating a slight upside potential.
- GF Value suggests a significant downside risk from the current stock price.
Virtu Financial (VIRT) has confirmed the continuation of its quarterly dividend payout of $0.24 per share, holding its forward yield steady at 2.37%. This dividend is slated for distribution on June 16, with the critical ex-dividend date marked for May 30, highlighting the importance for shareholders to be recorded by this cutoff.
Wall Street Analysts' Forecast
According to projections from 8 market analysts, Virtu Financial Inc (VIRT, Financial) is anticipated to reach an average price target of $41.00 over the next year. This forecast spans a high estimate of $48.00 and a low of $26.00. Notably, this average target presents an upside potential of 1.37% from the current trading price of $40.45. For investors seeking more comprehensive data, more details are available on the Virtu Financial Inc (VIRT) Forecast page.
Additionally, insights from 9 brokerage firms currently position Virtu Financial Inc (VIRT, Financial) with an aggregate recommendation score of 2.3. This score aligns with an "Outperform" rating. The brokerage rating scale extends from 1 to 5, where 1 represents a Strong Buy recommendation, moving through to 5, which indicates a Sell stance.
Understanding GF Value and Its Implications
Referring to GuruFocus estimates, the projected GF Value for Virtu Financial Inc (VIRT, Financial) indicates a potential value of $18.04 in one year's time, implying a considerable downside of 55.4% from its current price of $40.445. The GF Value is GuruFocus' refined estimate of the stock's fair trading price, taking into account historical trading multiples, past growth trajectories, and predictive forward business performance. Investors can explore more nuanced financial insights on the Virtu Financial Inc (VIRT) Summary page.
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