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

Sturm, Ruger & Company, Inc. (NYSE:RGR) is set to announce its earnings results after the market closes on Tuesday, May 7th. Investors that wish to register for the company’s conference call can do so using this link.

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

Sturm, Ruger & Company, Inc. Stock Up 0.1 %

Shares of NYSE:RGR opened at $46.92 on Friday. Sturm, Ruger & Company, Inc. has a fifty-two week low of $42.00 and a fifty-two week high of $56.24. The firm’s 50 day moving average price is $45.56 and its 200 day moving average price is $45.56. The stock has a market cap of $828.61 million, a price-to-earnings ratio of 17.25 and a beta of 0.31.

Sturm, Ruger & Company, Inc. Increases Dividend

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

Insider Transactions at Sturm, Ruger & Company, Inc.

In related news, CEO Christopher John Killoy sold 554 shares of the firm’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 transaction of $26,038.00. Following the transaction, the chief executive officer now owns 49,145 shares in the company, valued at approximately $2,309,815. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In the last quarter, insiders sold 7,388 shares of company stock worth $340,018. 2.30% of the stock is currently owned by 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.