The virtue of not using them is that successive indentation marks the path of successful execution and makes the scoping explicit. I have never understood why anyone gets stomach cramps at the sight of indentation.
Intangibly, using early returns encourages a bailout kind of thinking that shows up in a variety of bad practices.
I was coding less than three years when I decided to stop using early returns. My code got a lot better right away.
When I’ve been charged with developing coding standards I forbid ERs.