Media stories about RGC Resources (NASDAQ:RGCO) have been trending somewhat positive on Wednesday, Accern Sentiment Analysis reports. The research firm identifies negative and positive media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. RGC Resources earned a daily sentiment score of 0.03 on Accern’s scale. Accern also assigned news coverage about the energy company an impact score of 47.1947521796482 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Here are some of the news articles that may have impacted Accern Sentiment’s rankings:
- RGC Resources (RGCO) Upgraded to B+ by TheStreet (americanbankingnews.com)
- Contrasting RGC Resources (RGCO) and South Jersey Industries (SJI) (americanbankingnews.com)
- Critical Comparison: RGC Resources (RGCO) & The Competition (americanbankingnews.com)
- Financial Comparison: RGC Resources (RGCO) versus The Competition (americanbankingnews.com)
- Contrasting RGC Resources (RGCO) and Delta Natural Gas (DGAS) (americanbankingnews.com)
Several equities analysts have weighed in on RGCO shares. TheStreet raised RGC Resources from a “c+” rating to a “b+” rating in a research report on Friday, March 9th. Janney Montgomery Scott raised RGC Resources from a “neutral” rating to a “buy” rating and set a $27.00 price target for the company in a research report on Tuesday, February 6th. Finally, Zacks Investment Research raised RGC Resources from a “sell” rating to a “hold” rating in a research report on Thursday, February 15th.
RGC Resources (NASDAQ:RGCO) last released its quarterly earnings results on Monday, February 5th. The energy company reported $0.25 earnings per share for the quarter, missing the consensus estimate of $0.34 by ($0.09). RGC Resources had a return on equity of 9.64% and a net margin of 9.73%. The company had revenue of $18.76 million for the quarter, compared to analysts’ expectations of $19.63 million. research analysts anticipate that RGC Resources will post 0.84 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 1st. Stockholders of record on Monday, April 16th will be issued a dividend of $0.155 per share. This represents a $0.62 annualized dividend and a dividend yield of 2.39%. The ex-dividend date is Friday, April 13th. RGC Resources’s dividend payout ratio (DPR) is 74.70%.
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About RGC Resources
RGC Resources, Inc (Resources) is an energy services company. The Company is engaged in the regulated sale and distribution of natural gas to residential, commercial and industrial customers in Roanoke, Virginia, and the surrounding localities, through its Roanoke Gas Company (Roanoke Gas) subsidiary.
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