Virco Manufacturing (VIRC) Projected to Post Earnings on Friday

Virco Manufacturing (NASDAQ:VIRC) is projected to announce its Q1 2027 results before the market opens on Friday, June 5th. Analysts expect the company to announce earnings of $0.01 per share and revenue of $27.20 million for the quarter. Investors can check the company’s upcoming Q1 2027 earning summary page for the latest details on the call scheduled for Friday, June 5, 2026 at 12:30 PM ET.

Virco Manufacturing (NASDAQ:VIRC) last announced its earnings results on Wednesday, April 8th. The company reported ($0.45) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.35) by ($0.10). The business had revenue of $26.18 million during the quarter, compared to the consensus estimate of $29.61 million. Virco Manufacturing had a return on equity of 2.18% and a net margin of 1.29%.

Virco Manufacturing Price Performance

Shares of NASDAQ VIRC opened at $6.07 on Friday. The firm has a market capitalization of $95.48 million, a P/E ratio of 35.71 and a beta of 0.23. The company has a quick ratio of 1.31, a current ratio of 3.09 and a debt-to-equity ratio of 0.03. The stock’s 50-day simple moving average is $6.05 and its two-hundred day simple moving average is $6.37. Virco Manufacturing has a twelve month low of $5.16 and a twelve month high of $9.09.

Virco Manufacturing Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, April 10th. Shareholders of record on Friday, March 20th were paid a $0.025 dividend. This represents a $0.10 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date was Friday, March 20th. Virco Manufacturing’s dividend payout ratio is currently 58.82%.

Insider Buying and Selling

In other Virco Manufacturing news, EVP Douglas A. Virtue purchased 11,678 shares of Virco Manufacturing stock in a transaction on Wednesday, April 15th. The shares were acquired at an average cost of $6.09 per share, for a total transaction of $71,119.02. Following the completion of the transaction, the executive vice president directly owned 877,866 shares of the company’s stock, valued at approximately $5,346,203.94. The trade was a 1.35% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders have purchased 22,527 shares of company stock worth $135,562 in the last quarter. 16.94% of the stock is owned by company insiders.

Hedge Funds Weigh In On Virco Manufacturing

Several institutional investors and hedge funds have recently bought and sold shares of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in Virco Manufacturing in the third quarter worth $41,000. Barclays PLC lifted its stake in Virco Manufacturing by 16.4% in the fourth quarter. Barclays PLC now owns 17,665 shares of the company’s stock worth $113,000 after acquiring an additional 2,495 shares during the period. Squarepoint Ops LLC purchased a new stake in Virco Manufacturing in the third quarter worth $158,000. Wells Fargo & Company MN lifted its stake in Virco Manufacturing by 18.2% in the fourth quarter. Wells Fargo & Company MN now owns 28,777 shares of the company’s stock worth $184,000 after acquiring an additional 4,427 shares during the period. Finally, Jacobs Levy Equity Management Inc. purchased a new stake in Virco Manufacturing in the first quarter worth $186,000. 30.97% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have weighed in on VIRC shares. Weiss Ratings lowered Virco Manufacturing from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, April 10th. Freedom Capital upgraded Virco Manufacturing from a “hold” rating to a “strong-buy” rating in a report on Thursday, April 9th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold”.

Virco Manufacturing Company Profile

Virco Manufacturing Corporation (NASDAQ: VIRC) is a leading American manufacturer of furniture, primarily serving the K-12 education market. Headquartered in Torrance, California, the company designs, produces and distributes a comprehensive range of classroom seating, student desks, tables and educational workstations. Over several decades, Virco has built a reputation for durable, cost-effective solutions tailored to the needs of schools, colleges and other institutional customers.

The company’s product portfolio includes molded plastic and wood-seat student chairs, modular and fixed-height desks, multi-purpose tables, computer furniture, laboratory stools and teacher furnishings.