NASDAQ:VIRC

Virco Mfg. (VIRC) Stock Price, News & Analysis

$11.00
+0.32 (+3.00%)
(As of 04/25/2024 ET)
Today's Range
$10.48
$11.03
50-Day Range
$8.94
$11.99
52-Week Range
$3.54
$13.08
Volume
86,101 shs
Average Volume
196,183 shs
Market Capitalization
$179.85 million
P/E Ratio
8.21
Dividend Yield
0.73%
Price Target
N/A

Virco Mfg. MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
3.07% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
10.63%
From $1.60 to $1.77 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.83 out of 5 stars

Consumer Discretionary Sector

186th out of 270 stocks

Public Building & Related Furniture Industry

1st out of 1 stocks

VIRC stock logo

About Virco Mfg. Stock (NASDAQ:VIRC)

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. It also provides activity, butcher block, folding, office, technology, and mobile tables; desks and workstations, and instructor media stations and towers; chair desks and combo units, tablet arm and caster units, mobile workstations, student desks, and returns and credenzas; and computer furniture solutions. In addition, the company provides administrative office furniture, including desks, returns, bookcases, and other items, as well as steel storage cabinets, wardrobe tower cabinets, file credenzas, and mobile pedestals; laboratory furniture comprising steel-based science tables, table bases, lab stools, and wood-frame science tables; mobile furniture, such as mobile tables, mobile cabinets, and mobile chairs for school settings and offices; and handling and storage equipment, and stackable storage trucks. It serves public and private educational institutions, charter schools, convention centers and arenas, hospitality providers, government facilities, and places of worship through its sales and support teams, and dealers' network. Virco Mfg. Corporation was incorporated in 1950 and is headquartered in Torrance, California.

VIRC Stock Price History

VIRC Stock News Headlines

Did You Get Your Free Bitcoin Yet?
And my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.
Virco Issues Updated Investor Presentation
CAROLYN FAYE ROSSON CLOUSE
Did You Get Your Free Bitcoin Yet?
And my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.
Virco Manufacturing declares $0.02 dividend
Virco Announces First Quarter Cash Dividend
Virco Manufacturing Corp.
See More Headlines
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Company Calendar

Ex-Dividend for 4/10 Dividend
3/06/2024
Dividend Payable
4/10/2024
Last Earnings
4/12/2024
Today
4/25/2024
Next Earnings (Estimated)
6/10/2024
Fiscal Year End
1/31/2025

Industry, Sector and Symbol

Industry
Public building & related furniture
Sub-Industry
N/A
Current Symbol
NASDAQ:VIRC
Employees
776
Year Founded
1950

Profitability

Net Income
$21.91 million
Pretax Margin
10.86%

Debt

Sales & Book Value

Annual Sales
$269.12 million
Cash Flow
$1.76 per share
Book Value
$5.58 per share

Miscellaneous

Free Float
13,078,000
Market Cap
$179.85 million
Optionable
Not Optionable
Beta
0.68

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Key Executives

  • Mr. Robert A. Virtue (Age 91)
    Chairman of the Board & CEO
    Comp: $522.45k
  • Mr. Douglas A. Virtue (Age 65)
    President & Director
    Comp: $477.66k
  • Mr. Robert E. Dose (Age 67)
    CFO, Senior VP of Finance, Secretary & Treasurer
    Comp: $478.28k
  • Mr. J. Scott Bell (Age 67)
    Senior VP & COO
  • Bassey Yau (Age 65)
    VP of Accounting, Corporate Controller, Assistant Secretary & Assistant Treasurer
  • Ms. Patricia L. Quinones (Age 60)
    Senior VP & Chief Administrative Officer
    Comp: $188.62k
  • Mr. Robert M. Hupe
    General Counsel
  • Ms. Kathy Virtue Young (Age 59)
    Regional Sales Manager & Director

VIRC Stock Analysis - Frequently Asked Questions

How have VIRC shares performed in 2024?

Virco Mfg.'s stock was trading at $12.03 on January 1st, 2024. Since then, VIRC shares have decreased by 8.6% and is now trading at $11.00.
View the best growth stocks for 2024 here
.

When is Virco Mfg.'s next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, June 10th 2024.
View our VIRC earnings forecast
.

How were Virco Mfg.'s earnings last quarter?

Virco Mfg. Co. (NASDAQ:VIRC) announced its quarterly earnings data on Friday, April, 12th. The company reported ($0.14) EPS for the quarter, missing analysts' consensus estimates of ($0.13) by $0.01. The company had revenue of $42.60 million for the quarter, compared to the consensus estimate of $40.70 million. Virco Mfg. had a trailing twelve-month return on equity of 26.24% and a net margin of 8.14%.

How often does Virco Mfg. pay dividends? What is the dividend yield for Virco Mfg.?

Virco Mfg. declared a quarterly dividend on Thursday, February 22nd. Shareholders of record on Thursday, March 7th will be given a dividend of $0.02 per share on Wednesday, April 10th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.73%. The ex-dividend date is Wednesday, March 6th.
Read our dividend analysis for VIRC
.

Is Virco Mfg. a good dividend stock?

Virco Mfg. (NASDAQ:VIRC) pays an annual dividend of $0.08 per share and currently has a dividend yield of 0.77%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 5.97%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, VIRC will have a dividend payout ratio of 4.52% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for VIRC.

What is Robert A. Virtue's approval rating as Virco Mfg.'s CEO?

8 employees have rated Virco Mfg. Chief Executive Officer Robert A. Virtue on Glassdoor.com. Robert A. Virtue has an approval rating of 80% among the company's employees.

What other stocks do shareholders of Virco Mfg. own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Virco Mfg. investors own include Aldeyra Therapeutics (ALDX), SSR Mining (SSRM), Alimera Sciences (ALIM), Verizon Communications (VZ), AbbVie (ABBV), Acasti Pharma (ACST), Allena Pharmaceuticals (ALNA), Athersys (ATHX) and BioCryst Pharmaceuticals (BCRX).

Who are Virco Mfg.'s major shareholders?

Virco Mfg.'s stock is owned by a variety of retail and institutional investors. Top institutional investors include Park Edge Advisors LLC (0.14%). Insiders that own company stock include Agnieszka Winkler, Bradley C Richardson, Craig L Levra, Douglas A Virtue, Kathleen D Young, Patricia Levine Quinones and Robert A Virtue.
View institutional ownership trends
.

How do I buy shares of Virco Mfg.?

Shares of VIRC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:VIRC) was last updated on 4/25/2024 by MarketBeat.com Staff

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