What is Wedbush’s Estimate for Virco Mfg. FY2026 Earnings?

Virco Mfg. Co. (NASDAQ:VIRC) – Equities research analysts at Wedbush dropped their FY2026 earnings per share (EPS) estimates for shares of Virco Mfg. in a research report issued on Monday, April 21st. Wedbush analyst J. Mccanless now expects that the company will earn $0.79 per share for the year, down from their prior estimate of $1.31. The consensus estimate for Virco Mfg.’s current full-year earnings is $1.54 per share. Wedbush also issued estimates for Virco Mfg.’s Q4 2026 earnings at ($0.37) EPS.

Separately, StockNews.com cut shares of Virco Mfg. from a “buy” rating to a “hold” rating in a research report on Tuesday.

Virco Mfg. Stock Up 1.6 %

NASDAQ:VIRC opened at $9.60 on Wednesday. The company’s 50-day simple moving average is $10.04 and its 200-day simple moving average is $11.89. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.70 and a current ratio of 2.88. Virco Mfg. has a fifty-two week low of $8.20 and a fifty-two week high of $18.50. The stock has a market capitalization of $154.44 million, a P/E ratio of 6.19 and a beta of 0.41.

Virco Mfg. (NASDAQ:VIRC) last announced its quarterly earnings results on Monday, April 14th. The company reported ($0.35) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.15) by ($0.20). Virco Mfg. had a net margin of 8.93% and a return on equity of 24.63%. The company had revenue of $28.47 million during the quarter, compared to analysts’ expectations of $43.00 million.

Virco Mfg. Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, April 11th. Investors of record on Wednesday, March 26th were given a dividend of $0.025 per share. This represents a $0.10 annualized dividend and a yield of 1.04%. The ex-dividend date of this dividend was Wednesday, March 26th. Virco Mfg.’s dividend payout ratio is currently 7.46%.

Virco Mfg. announced that its board has authorized a stock buyback plan on Tuesday, January 21st that permits the company to buyback $10.00 million in outstanding shares. This buyback authorization permits the company to reacquire up to 5.4% of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s board believes its shares are undervalued.

Institutional Investors Weigh In On Virco Mfg.

Several institutional investors have recently added to or reduced their stakes in VIRC. IFP Advisors Inc acquired a new stake in Virco Mfg. in the 4th quarter worth approximately $30,000. Quantbot Technologies LP acquired a new stake in shares of Virco Mfg. during the fourth quarter worth $70,000. Meeder Asset Management Inc. purchased a new stake in shares of Virco Mfg. during the fourth quarter valued at $72,000. Quarry LP increased its position in shares of Virco Mfg. by 810.2% in the 4th quarter. Quarry LP now owns 8,802 shares of the company’s stock valued at $90,000 after acquiring an additional 7,835 shares during the period. Finally, Graham Capital Management L.P. purchased a new position in Virco Mfg. in the 4th quarter worth $107,000. Institutional investors and hedge funds own 30.97% of the company’s stock.

Virco Mfg. Company Profile

Virco Mfg. Corporation engages in the design, production, and distribution of furniture in the United States and Canada. The company offers seating products, including 4-leg chairs, cantilever chairs, mobile task chairs and lab stools, tablet armchairs, steel-frame and floor rockers, series stools, hard plastic seating, folding and upholstered stack chairs, and plastic stack and upholstered ergonomic chairs.