FY2026 Earnings Estimate for RELL Issued By Northland Capmk

Richardson Electronics, Ltd. (NASDAQ:RELL - Free Report) - Stock analysts at Northland Capmk lowered their FY2026 earnings per share estimates for Richardson Electronics in a research note issued to investors on Monday, January 27th. Northland Capmk analyst B. Brooks now expects that the technology company will earn $0.72 per share for the year, down from their prior forecast of $0.73. Northland Capmk currently has a "Hold" rating on the stock. The consensus estimate for Richardson Electronics' current full-year earnings is $0.28 per share.

Separately, Northland Securities reaffirmed a "market perform" rating on shares of Richardson Electronics in a research note on Monday, January 13th.

Richardson Electronics Price Performance

NASDAQ RELL traded up $0.18 during trading hours on Tuesday, reaching $13.20. The company's stock had a trading volume of 87,753 shares, compared to its average volume of 72,958. The firm has a market capitalization of $190.21 million, a price-to-earnings ratio of 440.15, a P/E/G ratio of 1.92 and a beta of 0.95. The company's 50-day moving average is $13.86 and its two-hundred day moving average is $12.98. Richardson Electronics has a 1-year low of $8.08 and a 1-year high of $15.51.

Richardson Electronics (NASDAQ:RELL - Get Free Report) last issued its quarterly earnings data on Tuesday, January 7th. The technology company reported ($0.05) earnings per share for the quarter, missing analysts' consensus estimates of ($0.02) by ($0.03). Richardson Electronics had a return on equity of 0.42% and a net margin of 0.13%.

Hedge Funds Weigh In On Richardson Electronics

A number of institutional investors have recently added to or reduced their stakes in RELL. JPMorgan Chase & Co. boosted its position in shares of Richardson Electronics by 300.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 152,082 shares of the technology company's stock valued at $1,877,000 after acquiring an additional 114,065 shares during the last quarter. Royce & Associates LP boosted its holdings in Richardson Electronics by 8.7% in the 3rd quarter. Royce & Associates LP now owns 1,128,591 shares of the technology company's stock valued at $13,927,000 after purchasing an additional 90,164 shares during the last quarter. Azarias Capital Management L.P. grew its stake in shares of Richardson Electronics by 3.9% in the 4th quarter. Azarias Capital Management L.P. now owns 446,496 shares of the technology company's stock valued at $6,264,000 after buying an additional 16,843 shares during the period. Rhumbline Advisers increased its holdings in shares of Richardson Electronics by 79.0% during the 4th quarter. Rhumbline Advisers now owns 34,396 shares of the technology company's stock worth $483,000 after buying an additional 15,181 shares during the last quarter. Finally, Geode Capital Management LLC raised its position in shares of Richardson Electronics by 5.3% during the 3rd quarter. Geode Capital Management LLC now owns 290,605 shares of the technology company's stock valued at $3,586,000 after buying an additional 14,727 shares during the period. Hedge funds and other institutional investors own 71.95% of the company's stock.

Richardson Electronics Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, February 26th. Investors of record on Friday, February 7th will be given a dividend of $0.06 per share. The ex-dividend date of this dividend is Friday, February 7th. This represents a $0.24 dividend on an annualized basis and a yield of 1.82%. Richardson Electronics's payout ratio is presently 800.27%.

About Richardson Electronics

Richardson Electronics, Ltd. engages in the provision of engineered solutions, power grid and microwave tube, and related consumables worldwide. The Power and Microwave Technologies segment manufactures electron tubes and radio frequency (RF), microwave and power components used in semiconductor manufacturing equipment, RF, and wireless and industrial power applications, as well as various applications including broadcast transmission, CO2 laser cutting, diagnostic imaging, dielectric and induction heating, energy transfer, high voltage switching, plasma, power conversion, radar, and radiation oncology.