Brokers Issue Forecasts for Red Violet Q2 Earnings

Red Violet, Inc. (NASDAQ:RDVT) – Analysts at Lake Street Capital issued their Q2 2026 EPS estimates for Red Violet in a research note issued on Tuesday, May 19th. Lake Street Capital analyst E. Martinuzzi anticipates that the company will post earnings per share of $0.23 for the quarter. The consensus estimate for Red Violet’s current full-year earnings is $1.03 per share.

Red Violet (NASDAQ:RDVT) last issued its earnings results on Wednesday, May 6th. The company reported $0.46 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.32 by $0.14. Red Violet had a net margin of 14.99% and a return on equity of 14.30%. The firm had revenue of $25.83 million for the quarter, compared to analysts’ expectations of $24.63 million.

RDVT has been the topic of a number of other research reports. Zacks Research cut shares of Red Violet from a “strong-buy” rating to a “hold” rating in a report on Monday, May 4th. Wall Street Zen cut shares of Red Violet from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Red Violet in a report on Friday, May 8th. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $62.00.

Red Violet Stock Up 1.4%

Shares of NASDAQ RDVT opened at $50.10 on Wednesday. The firm’s 50-day moving average price is $40.15 and its two-hundred day moving average price is $46.95. Red Violet has a 52-week low of $33.40 and a 52-week high of $64.14. The stock has a market capitalization of $706.91 million, a P/E ratio of 52.19 and a beta of 1.71.

Institutional Trading of Red Violet

A number of hedge funds and other institutional investors have recently made changes to their positions in RDVT. Ashford Capital Management Inc. grew its position in Red Violet by 13.9% in the first quarter. Ashford Capital Management Inc. now owns 686,816 shares of the company’s stock worth $23,764,000 after buying an additional 83,998 shares during the last quarter. Quantinno Capital Management LP acquired a new position in Red Violet in the first quarter worth approximately $526,000. Renaissance Technologies LLC grew its position in Red Violet by 581.8% in the first quarter. Renaissance Technologies LLC now owns 113,450 shares of the company’s stock worth $3,925,000 after buying an additional 96,810 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its position in Red Violet by 16.9% in the first quarter. Arrowstreet Capital Limited Partnership now owns 164,818 shares of the company’s stock worth $5,703,000 after buying an additional 23,816 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its position in Red Violet by 18.4% in the first quarter. Dimensional Fund Advisors LP now owns 206,698 shares of the company’s stock worth $7,151,000 after buying an additional 32,189 shares during the last quarter. 63.56% of the stock is currently owned by institutional investors.

About Red Violet

Red Violet, Inc (NASDAQ: RDVT) is a provider of advanced data, analytics and technology solutions designed to help organizations mitigate financial crime, fraud and security risks. The company’s cloud-native platform consolidates and enriches data from proprietary, public and third-party sources, applying artificial intelligence and machine learning to deliver insights across the risk-management lifecycle. Red Violet’s suite of services includes behavior-based transaction monitoring, automated watchlist and negative-news screening, enhanced due diligence and real-time geospatial threat intelligence.

Leveraging proprietary algorithms, Red Violet offers products that enable compliance teams to streamline anti-money laundering processes, improve fraud detection and respond swiftly to emerging threats.