Lake Street Capital Predicts Red Violet Q2 Earnings

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

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

Several other research firms have also recently commented on RDVT. Wall Street Zen cut Red Violet from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Zacks Research cut Red Violet from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 4th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Red Violet in a research note on Friday, May 8th. Two investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, Red Violet has a consensus rating of “Moderate Buy” and an average price target of $62.00.

Red Violet Stock Performance

NASDAQ:RDVT opened at $50.10 on Wednesday. Red Violet has a one year low of $33.40 and a one year high of $64.14. The business’s 50-day simple moving average is $40.15 and its 200 day simple moving average is $46.95. The stock has a market cap of $706.91 million, a price-to-earnings ratio of 52.19 and a beta of 1.71.

Hedge Funds Weigh In On Red Violet

Large investors have recently modified their holdings of the stock. Sierra Summit Advisors LLC bought a new position in shares of Red Violet during the third quarter worth about $859,000. Madrona Financial Services LLC bought a new position in shares of Red Violet during the fourth quarter worth about $2,094,000. Principal Financial Group Inc. lifted its position in shares of Red Violet by 227.0% during the third quarter. Principal Financial Group Inc. now owns 17,796 shares of the company’s stock worth $930,000 after purchasing an additional 12,353 shares during the last quarter. Vanguard Group Inc. lifted its position in shares of Red Violet by 2.5% during the fourth quarter. Vanguard Group Inc. now owns 956,443 shares of the company’s stock worth $54,469,000 after purchasing an additional 23,736 shares during the last quarter. Finally, State of Wyoming lifted its position in shares of Red Violet by 71.1% during the third quarter. State of Wyoming now owns 5,151 shares of the company’s stock worth $269,000 after purchasing an additional 2,141 shares during the last quarter. Institutional investors own 63.56% of the company’s stock.

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.