Somewhat Favorable News Coverage Somewhat Unlikely to Affect RGC Resources (NASDAQ:RGCO) Stock Price

News articles about RGC Resources (NASDAQ:RGCO) have trended somewhat positive recently, according to Accern Sentiment Analysis. Accern rates the sentiment of press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, 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 stories about the energy company an impact score of 47.1947521796482 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

Here are some of the headlines that may have impacted Accern’s analysis:

Several brokerages recently weighed in on RGCO. TheStreet raised RGC Resources from a “c+” rating to a “b+” rating in a research note on Friday, March 9th. Zacks Investment Research cut RGC Resources from a “hold” rating to a “sell” rating in a research note on Wednesday, February 21st. Finally, Janney Montgomery Scott upgraded 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.

RGC Resources stock opened at $25.35 on Thursday. The firm has a market capitalization of $196.55, a price-to-earnings ratio of 30.54 and a beta of -0.03. The company has a debt-to-equity ratio of 1.14, a current ratio of 1.22 and a quick ratio of 0.78. RGC Resources has a 1 year low of $19.26 and a 1 year high of $31.99.

RGC Resources (NASDAQ:RGCO) last announced its quarterly earnings data on Monday, February 5th. The energy company reported $0.25 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.34 by ($0.09). The business had revenue of $18.76 million during the quarter, compared to analysts’ expectations of $19.63 million. RGC Resources had a return on equity of 9.64% and a net margin of 9.73%. research analysts expect that RGC Resources will post 0.91 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, May 1st. Stockholders of record on Monday, April 16th will be paid a dividend of $0.155 per share. This represents a $0.62 dividend on an annualized basis and a dividend yield of 2.45%. The ex-dividend date of this dividend is Friday, April 13th. RGC Resources’s dividend payout ratio (DPR) is presently 74.70%.

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RGC Resources Company Profile

RGC Resources, Inc, through its subsidiaries, operates as an energy services company. The company sells and distributes natural gas to residential, commercial, and industrial customers in Roanoke, Virginia, and the surrounding localities. It also provides various unregulated services. The company operates approximately 1,135 miles of transmission and distribution pipeline; and a liquefied natural gas storage facility located in Botetourt County, as well as owns and operates 8 metering stations.

Insider Buying and Selling by Quarter for RGC Resources (NASDAQ:RGCO)

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