Sturm, Ruger & Company, Inc. (NYSE:RGR - Free Report) - Aegis decreased their FY2025 earnings estimates for Sturm, Ruger & Company, Inc. in a report issued on Wednesday, March 5th. Aegis analyst R. Dionisio now anticipates that the company will post earnings per share of $2.09 for the year, down from their prior forecast of $2.31. The consensus estimate for Sturm, Ruger & Company, Inc.'s current full-year earnings is $2.31 per share.
Separately, StockNews.com upgraded shares of Sturm, Ruger & Company, Inc. from a "buy" rating to a "strong-buy" rating in a research report on Monday, February 24th.
View Our Latest Analysis on RGR
Sturm, Ruger & Company, Inc. Stock Performance
NYSE:RGR traded up $0.81 during trading on Monday, reaching $40.26. The company's stock had a trading volume of 96,691 shares, compared to its average volume of 147,670. Sturm, Ruger & Company, Inc. has a 12 month low of $34.11 and a 12 month high of $48.20. The firm has a market cap of $674.75 million, a price-to-earnings ratio of 22.71 and a beta of 0.15. The firm has a 50 day moving average of $36.83 and a 200-day moving average of $38.62.
Sturm, Ruger & Company, Inc. (NYSE:RGR - Get Free Report) last released its earnings results on Wednesday, February 19th. The company reported $0.62 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.62. The company had revenue of $145.78 million during the quarter, compared to analyst estimates of $137.77 million. Sturm, Ruger & Company, Inc. had a return on equity of 9.49% and a net margin of 5.70%. During the same period in the prior year, the company posted $0.58 earnings per share.
Sturm, Ruger & Company, Inc. Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, March 14th will be issued a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.38%. The ex-dividend date of this dividend is Friday, March 14th. This is a boost from Sturm, Ruger & Company, Inc.'s previous quarterly dividend of $0.11. Sturm, Ruger & Company, Inc.'s payout ratio is 54.24%.
Hedge Funds Weigh In On Sturm, Ruger & Company, Inc.
Several institutional investors and hedge funds have recently bought and sold shares of the company. Point72 Asia Singapore Pte. Ltd. raised its stake in shares of Sturm, Ruger & Company, Inc. by 351.0% in the fourth quarter. Point72 Asia Singapore Pte. Ltd. now owns 1,655 shares of the company's stock valued at $59,000 after buying an additional 1,288 shares during the period. Jones Financial Companies Lllp increased its holdings in Sturm, Ruger & Company, Inc. by 32.5% in the 4th quarter. Jones Financial Companies Lllp now owns 2,018 shares of the company's stock worth $71,000 after acquiring an additional 495 shares during the last quarter. FMR LLC raised its stake in Sturm, Ruger & Company, Inc. by 127.6% in the 3rd quarter. FMR LLC now owns 2,572 shares of the company's stock valued at $107,000 after acquiring an additional 1,442 shares during the period. iSAM Funds UK Ltd purchased a new stake in Sturm, Ruger & Company, Inc. during the fourth quarter valued at about $209,000. Finally, Brevan Howard Capital Management LP bought a new position in Sturm, Ruger & Company, Inc. during the fourth quarter worth about $210,000. 64.00% of the stock is owned by institutional investors.
About Sturm, Ruger & Company, Inc.
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Sturm, Ruger & Co, Inc engages in the business of designing, manufacturing, and selling firearms to domestic customers. It operates through the Firearms and Castings segments. The Firearms segment focuses on manufacturing and selling rifles, pistols, and revolvers principally to a number of federally licensed, independent wholesale distributors.
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