Sturm, Ruger & Company, Inc. (RGR) To Go Ex-Dividend on November 17th

Sturm, Ruger & Company, Inc. (NYSE:RGR) declared a quarterly dividend on Friday, October 31st. Shareholders of record on Monday, November 17th will be given a dividend of 0.04 per share on Friday, November 28th. This represents a c) dividend on an annualized basis and a yield of 0.5%. The ex-dividend date is Monday, November 17th.

Sturm, Ruger & Company, Inc. has decreased its dividend by an average of 0.0%annually over the last three years. Sturm, Ruger & Company, Inc. has a payout ratio of 7.0% meaning its dividend is sufficiently covered by earnings.

Sturm, Ruger & Company, Inc. Stock Up 1.7%

Shares of NYSE:RGR opened at $31.29 on Friday. The company has a market capitalization of $498.82 million, a price-to-earnings ratio of 100.92 and a beta of 0.13. The company has a 50 day moving average of $41.38 and a two-hundred day moving average of $37.58. Sturm, Ruger & Company, Inc. has a 52-week low of $30.68 and a 52-week high of $48.21.

Sturm, Ruger & Company, Inc. (NYSE:RGR) last announced its earnings results on Wednesday, November 5th. The company reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.36 by ($0.26). The firm had revenue of $126.77 million during the quarter, compared to analysts’ expectations of $124.22 million. Sturm, Ruger & Company, Inc. had a net margin of 1.07% and a return on equity of 9.53%. Sturm, Ruger & Company, Inc.’s revenue for the quarter was up 3.7% compared to the same quarter last year. During the same quarter last year, the company posted $0.28 earnings per share. On average, equities analysts anticipate that Sturm, Ruger & Company, Inc. will post 2.31 earnings per share for the current year.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (d+)” rating on shares of Sturm, Ruger & Company, Inc. in a research note on Thursday. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock has a consensus rating of “Sell”.

About Sturm, Ruger & Company, Inc.

Sturm, Ruger & Co, Inc engages in the business of designing, manufacturing, and selling firearms to domestic customers. It operates through the Firearms and Castings segments. The Firearms segment focuses on manufacturing and selling rifles, pistols, and revolvers principally to a number of federally licensed, independent wholesale distributors.