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

Sturm, Ruger & Company, Inc. (NYSE:RGR) is scheduled to issue its quarterly earnings data after the market closes on Tuesday, May 7th. Individual that wish to listen to the company’s earnings conference call can do so using this link.

Sturm, Ruger & Company, Inc. (NYSE:RGR) last posted its quarterly earnings results on Wednesday, February 21st. The company reported $0.58 earnings per share for the quarter, missing analysts’ consensus estimates of $0.67 by ($0.09). Sturm, Ruger & Company, Inc. had a return on equity of 14.59% and a net margin of 8.87%. The business had revenue of $130.60 million for the quarter, compared to analyst estimates of $133.75 million. During the same quarter in the previous year, the firm posted $1.06 earnings per share. The business’s revenue was down 12.5% compared to the same quarter last year.

Sturm, Ruger & Company, Inc. Stock Performance

Shares of NYSE RGR traded down $0.49 during trading on Tuesday, hitting $45.77. 8,117 shares of the company were exchanged, compared to its average volume of 151,668. The company has a fifty day moving average price of $45.30 and a 200-day moving average price of $45.72. The firm has a market capitalization of $808.30 million, a PE ratio of 17.01 and a beta of 0.32. Sturm, Ruger & Company, Inc. has a 12-month low of $42.00 and a 12-month high of $58.44.

Sturm, Ruger & Company, Inc. Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 15th were paid a dividend of $0.23 per share. The ex-dividend date was Thursday, March 14th. This is an increase from Sturm, Ruger & Company, Inc.’s previous quarterly dividend of $0.17. This represents a $0.92 dividend on an annualized basis and a yield of 2.01%. Sturm, Ruger & Company, Inc.’s payout ratio is 33.82%.

Insider Activity

In other Sturm, Ruger & Company, Inc. news, CEO Christopher John Killoy sold 3,170 shares of the firm’s stock in a transaction on Friday, April 5th. The stock was sold at an average price of $47.00, for a total transaction of $148,990.00. Following the completion of the sale, the chief executive officer now owns 49,699 shares of the company’s stock, valued at $2,335,853. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders sold a total of 7,388 shares of company stock valued at $340,018 in the last 90 days. Company insiders own 2.30% of the company’s stock.

Sturm, Ruger & Company, Inc. Company Profile

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.