Camping World Holdings Inc (NYSE:CWH) announced a quarterly dividend on Wednesday, December 4th, Wall Street Journal reports. Shareholders of record on Monday, December 16th will be paid a dividend of 0.08 per share on Monday, December 30th. This represents a $0.32 annualized dividend and a yield of 2.32%. The ex-dividend date is Friday, December 13th.
Shares of NYSE CWH opened at $13.77 on Thursday. The company has a debt-to-equity ratio of 79.52, a current ratio of 1.38 and a quick ratio of 0.27. The company has a market cap of $1.14 billion, a P/E ratio of 12.29 and a beta of 3.24. Camping World has a 1 year low of $7.12 and a 1 year high of $16.12. The firm has a 50-day simple moving average of $11.42 and a two-hundred day simple moving average of $10.38.
Camping World (NYSE:CWH) last announced its quarterly earnings data on Thursday, November 7th. The company reported $0.14 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.18 by ($0.04). The firm had revenue of $1.39 billion during the quarter, compared to the consensus estimate of $1.32 billion. Camping World had a negative return on equity of 14,187.62% and a negative net margin of 1.27%. The firm’s revenue for the quarter was up 6.0% on a year-over-year basis. During the same period in the previous year, the business earned $0.49 EPS. As a group, equities research analysts expect that Camping World will post -0.6 EPS for the current year.
In related news, major shareholder Abrams Capital Management, L.P bought 47,682 shares of Camping World stock in a transaction dated Thursday, October 10th. The shares were acquired at an average cost of $7.92 per share, with a total value of $377,641.44. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 49.40% of the company’s stock.
CWH has been the subject of several analyst reports. Bank of America decreased their price objective on shares of Camping World from $10.00 to $7.00 and set an “underperform” rating for the company in a research note on Wednesday, September 4th. Citigroup raised their price objective on shares of Camping World from $11.00 to $14.00 and gave the stock a “buy” rating in a research note on Monday, November 25th. Northcoast Research lowered shares of Camping World from a “buy” rating to a “neutral” rating in a research report on Thursday, August 15th. Zacks Investment Research lowered shares of Camping World from a “hold” rating to a “sell” rating in a research report on Monday, November 18th. Finally, ValuEngine raised shares of Camping World from a “hold” rating to a “buy” rating in a research report on Tuesday, December 3rd. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $12.95.
About Camping World
Camping World Holdings, Inc, through its subsidiaries, operates as an outdoor and camping retailer. The company operates through three segments: Consumer Services and Plans, Dealership, and Retail. It provides a portfolio of services, protection plans, products, and resources for recreational vehicle (RV) owners and camping enthusiasts.
Read More: The limitations of an equal weight rating
Receive News & Ratings for Camping World Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Camping World and related companies with MarketBeat.com's FREE daily email newsletter.