RGC Resources (NASDAQ:RGCO - Get Free Report) is expected to be posting its quarterly earnings results before the market opens on Monday, February 3rd. Analysts expect RGC Resources to post earnings of $0.50 per share and revenue of $26,000.00 billion for the quarter.
RGC Resources Price Performance
NASDAQ RGCO traded up $0.42 during mid-day trading on Monday, hitting $21.26. The stock had a trading volume of 10,446 shares, compared to its average volume of 13,434. The firm's 50 day moving average is $20.42 and its 200 day moving average is $20.80. The company has a debt-to-equity ratio of 1.26, a current ratio of 0.87 and a quick ratio of 0.52. The stock has a market capitalization of $218.13 million, a price-to-earnings ratio of 18.33 and a beta of 0.18. RGC Resources has a twelve month low of $17.90 and a twelve month high of $24.20.
RGC Resources Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Saturday, February 1st. Stockholders of record on Friday, January 17th will be issued a dividend of $0.2075 per share. This is a positive change from RGC Resources's previous quarterly dividend of $0.20. The ex-dividend date is Friday, January 17th. This represents a $0.83 dividend on an annualized basis and a dividend yield of 3.90%. RGC Resources's dividend payout ratio is presently 71.55%.
Analyst Ratings Changes
Separately, StockNews.com lowered shares of RGC Resources from a "hold" rating to a "sell" rating in a research report on Thursday, December 19th.
Get Our Latest Stock Report on RGCO
RGC Resources Company Profile
(
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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.
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