Camping World Holdings, Inc. (CWH) to Issue Quarterly Dividend of $0.13 on March 27th

Camping World Holdings, Inc. (NYSE:CWH) announced a quarterly dividend on Friday, February 21st, NASDAQ Dividends reports. Shareholders of record on Friday, March 14th will be paid a dividend of 0.125 per share on Thursday, March 27th. This represents a $0.50 dividend on an annualized basis and a yield of 2.46%. The ex-dividend date is Friday, March 14th.

Camping World has decreased its dividend payment by an average of 28.0% annually over the last three years. Camping World has a payout ratio of 29.6% indicating that its dividend is sufficiently covered by earnings. Analysts expect Camping World to earn $0.78 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 64.1%.

Camping World Stock Performance

Shares of NYSE CWH opened at $20.30 on Friday. Camping World has a 52-week low of $17.29 and a 52-week high of $28.72. The company has a market cap of $1.72 billion, a P/E ratio of -29.41, a P/E/G ratio of 0.92 and a beta of 2.49. The firm’s fifty day moving average is $22.13 and its two-hundred day moving average is $22.52. The company has a debt-to-equity ratio of 9.67, a quick ratio of 0.19 and a current ratio of 1.23.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the stock. Bank of America assumed coverage on shares of Camping World in a research note on Thursday, December 19th. They issued a “buy” rating and a $30.00 price objective for the company. Raymond James raised shares of Camping World from a “market perform” rating to an “outperform” rating and set a $27.00 price objective for the company in a research note on Wednesday, October 30th. KeyCorp lifted their price objective on shares of Camping World from $25.00 to $27.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 30th. StockNews.com raised shares of Camping World from a “sell” rating to a “hold” rating in a research note on Thursday, November 14th. Finally, Roth Mkm reissued a “buy” rating and issued a $28.00 price objective (up from $26.00) on shares of Camping World in a research note on Wednesday, October 30th. Two research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $27.71.

Camping World Company Profile

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.