Sturm, Ruger & Company, Inc. (RGR) Scheduled to Post Earnings on Wednesday

Sturm, Ruger & Company, Inc. (NYSE:RGR) will post its quarterly earnings results after the market closes on Wednesday, July 31st. Investors interested in listening to the company’s conference call can do so using this link.

Sturm, Ruger & Company, Inc. (NYSE:RGR) last released its quarterly earnings data on Tuesday, May 7th. The company reported $0.40 earnings per share for the quarter, missing analysts’ consensus estimates of $0.84 by ($0.44). Sturm, Ruger & Company, Inc. had a net margin of 7.71% and a return on equity of 12.30%. The firm had revenue of $136.80 million during the quarter, compared to analysts’ expectations of $153.40 million. During the same period in the previous year, the firm posted $0.81 EPS. The firm’s quarterly revenue was down 8.5% on a year-over-year basis.

Sturm, Ruger & Company, Inc. Stock Performance

RGR opened at $45.51 on Tuesday. Sturm, Ruger & Company, Inc. has a fifty-two week low of $40.67 and a fifty-two week high of $56.20. The company has a fifty day moving average of $42.81 and a two-hundred day moving average of $44.06. The stock has a market capitalization of $791.87 million, a price-to-earnings ratio of 19.70 and a beta of 0.22.

Sturm, Ruger & Company, Inc. Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 7th. Shareholders of record on Monday, May 20th were issued a $0.16 dividend. The ex-dividend date was Friday, May 17th. This represents a $0.64 dividend on an annualized basis and a yield of 1.41%. Sturm, Ruger & Company, Inc.’s payout ratio is 27.71%.

Analyst Upgrades and Downgrades

Separately, Lake Street Capital upgraded shares of Sturm, Ruger & Company, Inc. to a “strong-buy” rating in a research report on Wednesday, May 8th.

Insider Activity

In other news, Director Amir Rosenthal sold 1,750 shares of Sturm, Ruger & Company, Inc. stock in a transaction dated Wednesday, June 5th. The shares were sold at an average price of $43.00, for a total value of $75,250.00. Following the sale, the director now owns 17,554 shares in the company, valued at $754,822. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In related news, VP Sarah F. Colbert sold 2,000 shares of the business’s stock in a transaction dated Wednesday, July 17th. The shares were sold at an average price of $45.14, for a total transaction of $90,280.00. Following the transaction, the vice president now directly owns 32,080 shares in the company, valued at $1,448,091.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Amir Rosenthal sold 1,750 shares of the business’s stock in a transaction dated Wednesday, June 5th. The stock was sold at an average price of $43.00, for a total transaction of $75,250.00. Following the transaction, the director now owns 17,554 shares in the company, valued at $754,822. The disclosure for this sale can be found here. Company insiders own 3.50% 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.