Camping World Holdings, Inc. (NYSE:CWH) Announces Quarterly Dividend of $0.13

Camping World Holdings, Inc. (NYSE:CWH) announced a quarterly dividend on Friday, November 22nd,NASDAQ Dividends reports. Shareholders of record on Friday, December 13th will be paid a dividend of 0.125 per share on Monday, December 30th. This represents a $0.50 annualized dividend and a yield of 2.07%. The ex-dividend date is Friday, December 13th.

Camping World has a dividend payout ratio of 52.6% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Camping World to earn $1.00 per share next year, which means the company should continue to be able to cover its $0.50 annual dividend with an expected future payout ratio of 50.0%.

Camping World Stock Performance

Shares of NYSE CWH opened at $24.20 on Friday. The company has a quick ratio of 0.19, a current ratio of 1.23 and a debt-to-equity ratio of 9.67. The stock’s fifty day simple moving average is $23.09 and its two-hundred day simple moving average is $21.30. Camping World has a 12-month low of $17.29 and a 12-month high of $28.72.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the company. JPMorgan Chase & Co. reissued a “neutral” rating and issued a $24.00 price objective (down previously from $25.00) on shares of Camping World in a research report on Monday, October 21st. Monness Crespi & Hardt raised their price objective on Camping World from $24.00 to $30.00 and gave the stock a “buy” rating in a research report on Friday, September 27th. Roth Mkm reissued a “buy” rating and issued a $28.00 price objective (up previously from $26.00) on shares of Camping World in a research report on Wednesday, October 30th. StockNews.com raised Camping World from a “sell” rating to a “hold” rating in a research report on Thursday, November 14th. Finally, KeyCorp raised their price objective on Camping World from $25.00 to $27.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 30th. Two equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $27.75.

Insiders Place Their Bets

In other Camping World news, CEO Marcus Lemonis sold 125,000 shares of Camping World stock in a transaction dated Friday, September 13th. The stock was sold at an average price of $22.84, for a total transaction of $2,855,000.00. Following the completion of the transaction, the chief executive officer now owns 155,268 shares in the company, valued at approximately $3,546,321.12. This trade represents a 44.60 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 43.80% of the stock is currently owned by insiders.

About Camping World

Camping World Holdings, Inc, together its subsidiaries, retails recreational vehicles (RVs), and related products and services in the United States. It operates in two segments, Good Sam Services and Plans; and RV and Outdoor Retail. The company provides a portfolio of services, protection plans, products, and resources in the RV industry.