Sturm, Ruger & Company, Inc. (RGR) to Release Quarterly Earnings on Wednesday

Sturm, Ruger & Company, Inc. (NYSE:RGR) will post its quarterly earnings results after the market closes on Wednesday, October 30th. Parties interested in registering for the company’s conference call can do so using this link.

Sturm, Ruger & Company, Inc. (NYSE:RGR) last announced its quarterly earnings data on Wednesday, July 31st. The company reported $0.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.76 by ($0.29). Sturm, Ruger & Company, Inc. had a return on equity of 10.00% and a net margin of 6.36%. The firm had revenue of $130.76 million for the quarter, compared to analysts’ expectations of $137.60 million. During the same quarter in the prior year, the business posted $0.91 earnings per share. Sturm, Ruger & Company, Inc.’s revenue was down 8.4% on a year-over-year basis. On average, analysts expect Sturm, Ruger & Company, Inc. to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Sturm, Ruger & Company, Inc. Price Performance

Shares of RGR stock opened at $40.63 on Wednesday. Sturm, Ruger & Company, Inc. has a fifty-two week low of $40.21 and a fifty-two week high of $55.58. The stock’s 50-day moving average is $41.60 and its two-hundred day moving average is $42.92. The firm has a market cap of $684.62 million, a P/E ratio of 21.73 and a beta of 0.16.

Sturm, Ruger & Company, Inc. Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 30th. Investors of record on Thursday, August 15th were issued a $0.19 dividend. The ex-dividend date of this dividend was Thursday, August 15th. This represents a $0.76 dividend on an annualized basis and a yield of 1.87%. This is an increase from Sturm, Ruger & Company, Inc.’s previous quarterly dividend of $0.16. Sturm, Ruger & Company, Inc.’s dividend payout ratio is currently 40.64%.

About Sturm, Ruger & Company, Inc.

Sturm, Ruger & Company, Inc, together with its subsidiaries, designs, manufactures, and sells firearms under the Ruger name and trademark in the United States. The company operates through two segments: Firearms and Castings. It provides single-shot, autoloading, bolt-action, and modern sporting rifles; rimfire and centerfire autoloading pistols; single-action and double-action revolvers; and firearms accessories and replacement parts, as well as manufactures lever-action rifles under the Marlin name and trademark.