Sturm, Ruger & Company, Inc. (NYSE:RGR) Announces Earnings Results, Misses Estimates By $0.44 EPS

Sturm, Ruger & Company, Inc. (NYSE:RGR) released its earnings results on Tuesday. The company reported $0.40 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.84 by ($0.44), RTT News reports. The company had revenue of $136.80 million during the quarter, compared to analysts’ expectations of $153.40 million. Sturm, Ruger & Company, Inc. had a net margin of 8.87% and a return on equity of 14.59%. The company’s revenue for the quarter was down 8.5% on a year-over-year basis. During the same quarter last year, the business posted $0.81 earnings per share.

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

NYSE:RGR traded up $0.05 during midday trading on Tuesday, reaching $46.33. The company had a trading volume of 153,402 shares, compared to its average volume of 151,380. The firm has a market capitalization of $818.19 million, a price-to-earnings ratio of 17.03 and a beta of 0.31. The stock’s fifty day simple moving average is $45.71 and its 200-day simple moving average is $45.37. Sturm, Ruger & Company, Inc. has a 12-month low of $42.00 and a 12-month high of $56.20.

Sturm, Ruger & Company, Inc. Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 15th were issued a $0.23 dividend. The ex-dividend date of this dividend was Thursday, March 14th. This is a positive change from Sturm, Ruger & Company, Inc.’s previous quarterly dividend of $0.17. This represents a $0.92 dividend on an annualized basis and a yield of 1.99%. Sturm, Ruger & Company, Inc.’s dividend payout ratio (DPR) is 33.82%.

Insider Activity at Sturm, Ruger & Company, Inc.

In other Sturm, Ruger & Company, Inc. news, CEO Christopher John Killoy sold 3,170 shares of Sturm, Ruger & Company, Inc. stock in a transaction dated Friday, April 5th. The stock was sold at an average price of $47.00, for a total transaction of $148,990.00. Following the completion of the sale, the chief executive officer now directly owns 49,699 shares of the company’s stock, valued at approximately $2,335,853. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Over the last three months, insiders sold 7,388 shares of company stock worth $340,018. 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.