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

Sturm, Ruger & Company, Inc. (NYSE:RGR) will be releasing its earnings data after the market closes on Tuesday, May 7th. Parties interested in listening to the company’s conference call can do so using this link.

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

Sturm, Ruger & Company, Inc. Price Performance

Shares of NYSE RGR opened at $46.92 on Monday. The stock has a market capitalization of $828.61 million, a price-to-earnings ratio of 17.25 and a beta of 0.31. The firm’s 50 day simple moving average is $45.56 and its 200-day simple moving average is $45.49. Sturm, Ruger & Company, Inc. has a 12 month low of $42.00 and a 12 month high of $56.24.

Sturm, Ruger & Company, Inc. Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 15th were given a $0.23 dividend. The ex-dividend date was Thursday, March 14th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.96%. This is an increase from Sturm, Ruger & Company, Inc.’s previous quarterly dividend of $0.17. Sturm, Ruger & Company, Inc.’s dividend payout ratio is 33.82%.

Insider Buying and Selling

In other news, CEO Christopher John Killoy sold 554 shares of the business’s stock in a transaction that occurred on Monday, April 8th. The stock was sold at an average price of $47.00, for a total value of $26,038.00. Following the completion of the sale, the chief executive officer now directly owns 49,145 shares in the company, valued at $2,309,815. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In the last 90 days, insiders sold 7,388 shares of company stock valued at $340,018. 3.50% of the stock is owned by company insiders.

About Sturm, Ruger & Company, Inc.

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.