NASDAQ:RGCO

RGC Resources (RGCO) Stock Price, News & Analysis

$20.65
-0.58 (-2.73%)
(As of 05/8/2024 ET)
Today's Range
$20.57
$21.17
50-Day Range
$18.40
$21.51
52-Week Range
$15.36
$22.53
Volume
4,584 shs
Average Volume
15,980 shs
Market Capitalization
$210.24 million
P/E Ratio
15.88
Dividend Yield
3.87%
Price Target
N/A

RGC Resources MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Bearish
1.05% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.08mentions of RGC Resources in the last 14 days
Based on 13 Articles This Week
Insider Trading
Acquiring Shares
$43,416 Bought Last Quarter
Proj. Earnings Growth
9.48%
From $1.16 to $1.27 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.70 out of 5 stars

Oils/Energy Sector

119th out of 240 stocks

Gas Transmission & Distribution Industry

3rd out of 5 stocks

RGCO stock logo

About RGC Resources Stock (NASDAQ:RGCO)

RGC Resources, Inc., through its subsidiaries, operates as an energy services company. It sells and distributes natural gas to residential, commercial, and industrial customers in Roanoke, Virginia, and the surrounding localities. The company also provides various unregulated services. It operates approximately 1,179 miles of transmission and distribution pipeline; and a liquefied natural gas storage facility, as well as owns and operates six metering stations. In addition, it produces biogas. RGC Resources, Inc. was founded in 1883 and is based in Roanoke, Virginia.

RGCO Stock Price History

RGCO Stock News Headlines

The Best AI Stock to Own in the World Today is Trading for Just $25
“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.
Q2 2024 RGC Resources Inc Earnings Call
RGC Resources Inc. Misses Q2 Earnings and Revenue Estimates
The Best AI Stock to Own in the World Today is Trading for Just $25
“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.
RGC Resources, Inc. Declares Quarterly Dividend
CG Apr 2024 45.000 call
RGC Resources, Inc. (RGCO)
Q1 2024 RGC Resources Inc Earnings Call
See More Headlines
Receive RGCO Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for RGC Resources and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Ex-Dividend for 5/1 Dividend
4/15/2024
Last Earnings
5/01/2024
Dividend Payable
5/01/2024
Today
5/08/2024
Next Earnings (Estimated)
8/01/2024
Fiscal Year End
9/30/2024

Industry, Sector and Symbol

Industry
Gas transmission & distribution
Sub-Industry
N/A
Current Symbol
NASDAQ:RGCO
Employees
100
Year Founded
N/A

Profitability

Net Income
$11.30 million
Pretax Margin
19.35%

Debt

Sales & Book Value

Annual Sales
$83.21 million
Cash Flow
$2.06 per share
Book Value
$10.07 per share

Miscellaneous

Free Float
9,553,000
Market Cap
$210.24 million
Optionable
Optionable
Beta
0.20
13 Stocks Institutional Investors Won't Stop Buying Cover

Which stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.

Get This Free Report

RGCO Stock Analysis - Frequently Asked Questions

How have RGCO shares performed in 2024?

RGC Resources' stock was trading at $20.34 at the beginning of 2024. Since then, RGCO shares have increased by 1.5% and is now trading at $20.65.
View the best growth stocks for 2024 here
.

Are investors shorting RGC Resources?

RGC Resources saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 85,300 shares, an increase of 31.8% from the March 31st total of 64,700 shares. Based on an average daily volume of 15,100 shares, the days-to-cover ratio is currently 5.6 days. Currently, 1.1% of the company's shares are sold short.
View RGC Resources' Short Interest
.

When is RGC Resources' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024.
View our RGCO earnings forecast
.

How were RGC Resources' earnings last quarter?

RGC Resources, Inc. (NASDAQ:RGCO) posted its quarterly earnings results on Wednesday, May, 1st. The energy company reported $0.63 earnings per share for the quarter, missing analysts' consensus estimates of $0.65 by $0.02. The energy company earned $32.66 million during the quarter, compared to analyst estimates of $34 million. RGC Resources had a net margin of 15.82% and a trailing twelve-month return on equity of 12.94%. During the same quarter in the previous year, the firm posted $0.64 earnings per share.

How often does RGC Resources pay dividends? What is the dividend yield for RGC Resources?

RGC Resources declared a quarterly dividend on Wednesday, May 1st. Investors of record on Wednesday, July 17th will be given a dividend of $0.20 per share on Thursday, August 1st. This represents a $0.80 annualized dividend and a dividend yield of 3.87%. The ex-dividend date of this dividend is Wednesday, July 17th.
Read our dividend analysis for RGCO
.

Is RGC Resources a good dividend stock?

RGC Resources (NASDAQ:RGCO) pays an annual dividend of $0.80 per share and currently has a dividend yield of 3.74%. The company has been increasing its dividend for 7 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 61.54%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RGCO will have a dividend payout ratio of 62.99% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for RGCO.

When did RGC Resources' stock split?

RGC Resources shares split on the morning of Thursday, March 2nd 2017. The 3-2 split was announced on Tuesday, January 17th 2017. The newly issued shares were payable to shareholders after the market closes on Wednesday, March 1st 2017. An investor that had 100 shares of stock prior to the split would have 150 shares after the split.

What other stocks do shareholders of RGC Resources own?

Based on aggregate information from My MarketBeat watchlists, some companies that other RGC Resources investors own include Exxon Mobil (XOM), Freeport-McMoRan (FCX), Verizon Communications (VZ), Walt Disney (DIS), Starbucks (SBUX), Chevron (CVX), General Motors (GM), NVIDIA (NVDA), QUALCOMM (QCOM) and Wells Fargo & Company (WFC).

Who are RGC Resources' major shareholders?

RGC Resources' stock is owned by many different institutional and retail investors. Top institutional shareholders include Russell Investments Group Ltd. (1.79%), Cutter & CO Brokerage Inc. (1.20%), Hennessy Advisors Inc. (0.15%), Janney Montgomery Scott LLC (0.14%) and BNP Paribas Financial Markets (0.04%). Insiders that own company stock include Christen Brooke Miles, Jacqueline L Archer, Jason A Field, John B Williamson III, Lawrence T Oliver, Lawrence T Oliver, Nancy H Agee, Paul W Nester, Randall P Burton II and Robert B Johnston.
View institutional ownership trends
.

How do I buy shares of RGC Resources?

Shares of RGCO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:RGCO) was last updated on 5/8/2024 by MarketBeat.com Staff

From Our Partners