Virco Manufacturing Declares Q2 Cash Dividend Amid Challenges

Virco Manufacturing ( (VIRC) ) has shared an update.

On June 3, 2025, Virco Mfg. Corporation’s Board of Directors declared a cash dividend of $0.025 per share for the second fiscal quarter, payable on July 11, 2025, to shareholders of record as of June 20, 2025. Despite a slowdown in demand, the company reported a first-quarter profit of $700,000, with a 22.9% decline in shipments and backlog. However, gross margin improved to 47.5% due to a higher proportion of full-service orders and the absence of last year’s low-margin disaster recovery order. The company also invested over $2 million in major platform processes to expand operations and support domestic market expansion.

The most recent analyst rating on (VIRC) stock is a Buy with a $20.00 price target. To see the full list of analyst forecasts on Virco Manufacturing stock, see the VIRC Stock Forecast page.

Spark’s Take on VIRC Stock

According to Spark, TipRanks’ AI Analyst, VIRC is a Neutral.

The stock score for Virco Manufacturing is driven primarily by its robust financial performance, marked by consistent revenue growth and operational efficiencies, despite concerns over cash reserves. The valuation is compelling with a low P/E ratio, but technical indicators suggest bearish conditions, impacting the overall score negatively.

To see Spark’s full report on VIRC stock, click here.

More about Virco Manufacturing

Virco Mfg. Corporation, founded in 1950, is the largest manufacturer and supplier of moveable educational furniture and equipment for the preschool through 12th grade market in the United States. The company offers a wide range of products including mobile tables, storage equipment, desks, and chairs, serving educational institutions, convention centers, government facilities, and more. Virco operates entirely within the United States, with facilities in Torrance, CA, and Conway, AR.

Average Trading Volume: 77,803

Technical Sentiment Signal: Hold

Current Market Cap: $133.9M

See more data about VIRC stock on TipRanks’ Stock Analysis page.