Rocky Brands (NASDAQ:RCKY) Share Price Crosses Above 50 Day Moving Average – Here’s Why

Rocky Brands, Inc. (NASDAQ:RCKY)’s share price passed above its 50 day moving average during trading on Wednesday. The stock has a 50 day moving average of $45.25 and traded as high as $50.25. Rocky Brands shares last traded at $49.69, with a volume of 142,556 shares traded.

Key Headlines Impacting Rocky Brands

Here are the key news stories impacting Rocky Brands this week:

• Positive Sentiment: Rocky Brands exceeded third-quarter expectations. The company reported earnings of $1.76 per share, $0.26 above the $1.50 consensus estimate, while revenue of $138.81 million surpassed expectations of $129.84 million. The results marked the company’s second consecutive quarter of double-digit growth. Rocky Brands Third-Quarter Earnings Results
• Positive Sentiment: Full-year guidance was raised. Rocky Brands now forecasts 2026 revenue growth of approximately 10.5% and reported earnings per share of about $5.30, signaling continued demand and increased confidence in its earnings outlook. Rocky Brands Raises 2026 Outlook
• Positive Sentiment: Profitability improved materially. Coverage characterized the quarter as a margin-driven earnings beat, suggesting that stronger operating leverage or cost management helped earnings grow faster than sales. Rocky Brands Q3 Margin Surge
• Neutral Sentiment: Robert W. Baird raised its price target from $50 to $52 but maintained a “neutral” rating. The higher target acknowledges improving fundamentals, while the unchanged rating indicates the analyst believes much of the positive news may already be reflected in the stock’s valuation. Baird Rocky Brands Price Target

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on RCKY. BTIG Research reaffirmed a “neutral” rating on shares of Rocky Brands in a research note on Wednesday. Robert W. Baird lifted their price objective on Rocky Brands from $50.00 to $52.00 and gave the stock a “neutral” rating in a report on Wednesday. Wall Street Zen raised Rocky Brands from a “buy” rating to a “strong-buy” rating in a research note on Sunday, August 9th. Finally, Weiss Ratings upgraded Rocky Brands from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, August 6th. One investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $52.00.

Rocky Brands Price Performance

The company has a quick ratio of 1.12, a current ratio of 2.97 and a debt-to-equity ratio of 0.43. The stock has a market cap of $372.18 million, a P/E ratio of 13.01 and a beta of 2.40. The firm’s fifty day moving average price is $45.25 and its 200-day moving average price is $40.93.

Rocky Brands (NASDAQ:RCKY) last posted its quarterly earnings results on Tuesday, October 27th. The textile maker reported $1.76 EPS for the quarter, beating analysts’ consensus estimates of $1.50 by $0.26. Rocky Brands had a net margin of 5.72% and a return on equity of 12.28%. The company had revenue of $138.81 million during the quarter, compared to analyst estimates of $129.84 million.

Rocky Brands Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st were issued a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend was Tuesday, September 1st. Rocky Brands’s dividend payout ratio (DPR) is 17.80%.

Insider Buying and Selling at Rocky Brands

In other Rocky Brands news, Director William Jordan sold 2,011 shares of the business’s stock in a transaction dated Friday, July 31st. The shares were sold at an average price of $48.48, for a total value of $97,493.28. Following the transaction, the director owned 21,940 shares in the company, valued at approximately $1,063,651.20. The trade was a 8.40% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Curtis Loveland sold 3,483 shares of the company’s stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $50.54, for a total transaction of $176,030.82. Following the transaction, the insider directly owned 92,610 shares of the company’s stock, valued at approximately $4,680,509.40. This trade represents a 3.62% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 9,483 shares of company stock worth $467,174. 7.60% of the stock is currently owned by company insiders.

Institutional Trading of Rocky Brands

Large investors have recently modified their holdings of the business. Legal & General Group Plc purchased a new position in Rocky Brands during the 2nd quarter valued at about $29,000. SG Americas Securities LLC bought a new position in Rocky Brands during the 1st quarter valued at approximately $149,000. James Investment Research Inc. purchased a new stake in Rocky Brands in the 1st quarter worth approximately $211,000. Principal Financial Group Inc. purchased a new stake in Rocky Brands in the 1st quarter worth approximately $233,000. Finally, Deutsche Bank AG purchased a new stake in Rocky Brands in the 2nd quarter worth approximately $278,000. 75.06% of the stock is owned by institutional investors.

About Rocky Brands

Rocky Brands, Inc is an American footwear and apparel company headquartered in Nelsonville, Ohio. Founded in 1932, the company develops, manufactures, and markets work, outdoor, western, hunting, and military footwear, along with related apparel and accessories.

Its brand portfolio includes Rocky, Georgia Boot, Durango, and Lehigh Safety Shoe. Products are designed for applications such as construction, industrial work, farming, law enforcement, outdoor recreation, hunting, and everyday wear.