RGC Resources (RGCO) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $19.54 to $20.43
• 50-Day Range: $19.66 to $23.49
• 52-Week Range: $17.90 to $24.20
• Volume: 62,799 shs
• Average Volume: 13,521 shs
• Market Capitalization: $207.93 million
• P/E Ratio: 17.47
• Dividend Yield: 4.10%
• Price Target: N/A
• Consensus Rating: N/A

RGC Resources Stock Analysis - MarketRank™

RGC Resources scored higher than 56% of companies evaluated by MarketBeat, and ranked 176th out of 270 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for RGC Resources.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: 4.88%

Earnings Growth

Earnings for RGC Resources are expected to grow by 4.88% in the coming year, from $1.23 to $1.29 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of RGC Resources is 17.47, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.04.

Price to Earnings Ratio vs. Sector

The P/E ratio of RGC Resources is 17.47, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 15.81.

Price to Book Value per Share Ratio

RGC Resources has a P/B Ratio of 1.91. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.54% of the float of RGC Resources has been sold short.

Short Interest Ratio / Days to Cover

RGC Resources has a short interest ratio ("days to cover") of 4.7.

Change versus previous month

Short interest in RGC Resources has recently decreased by 6.11%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Leadership

RGC Resources is a leading dividend payer. It pays a dividend yield of 3.83%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

RGC Resources does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of RGC Resources is 71.55%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, RGC Resources will have a dividend payout ratio of 64.34% next year. This indicates that RGC Resources will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.54% of the float of RGC Resources has been sold short.

Short Interest Ratio / Days to Cover

RGC Resources has a short interest ratio ("days to cover") of 4.7.

Change versus previous month

Short interest in RGC Resources has recently decreased by 6.11%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.1 / 5
• News Sentiment: 0.73

News Sentiment

RGC Resources has a news sentiment score of 0.73. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Oils/Energy companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for RGC Resources this week, compared to 1 article on an average week.

MarketBeat Follows

Only 1 people have added RGC Resources to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, RGC Resources insiders have bought more of their company's stock than they have sold. Specifically, they have bought $20,259.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

Only 6.60% of the stock of RGC Resources is held by insiders.

Percentage Held by Institutions

Only 35.77% of the stock of RGC Resources is held by institutions.

RGCO Stock Analysis - Frequently Asked Questions

How have RGCO shares performed this year?

RGC Resources' stock was trading at $20.34 at the start of the year. Since then, RGCO stock has decreased by 0.4% and is now trading at $20.26.
View the best growth stocks for 2024 here.

How were RGC Resources' earnings last quarter?

RGC Resources, Inc. (NASDAQ:RGCO) announced its earnings results on Monday, August, 5th. The energy company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.07 by $0.05. The energy company earned $14.46 million during the quarter, compared to the consensus estimate of $14 million. RGC Resources had a net margin of 13.90% and a trailing twelve-month return on equity of 10.91%.

When did RGC Resources' stock split?

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

Who are RGC Resources' major shareholders?

Top institutional investors of RGC Resources include Geode Capital Management LLC (1.92%), Cutter & CO Brokerage Inc. (1.35%), State Street Corp (1.03%) and Cerity Partners LLC (0.26%). Insiders that own company stock include John B Williamson III, Paul W Nester, Robert B Johnston, Lawrence T Oliver, Christen Brooke Miles and Jason A Field.
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.

What other stocks do shareholders of RGC Resources own?

Based on aggregate information from My MarketBeat watchlists, some other companies that RGC Resources investors own include American Water Works (AWK), Waste Connections (WCN), The RMR Group (RMR), Voyager Therapeutics (VYGR), DiamondRock Hospitality (DRH), AUO (AUOTY) and iShares Micro-Cap ETF (IWC).

Company Calendar

• Last Earnings: 8/05/2024
• Ex-Dividend for 11/1 Dividend: 10/18/2024
• Dividend Payable: 11/01/2024
• Today: 12/21/2024
• Ex-Dividend for 2/1 Dividend: 1/17/2025
• Dividend Payable: 2/01/2025
• Fiscal Year End: 9/30/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Oils/Energy
• Industry: Gas transmission & distribution
• Sub-Industry: Utilities
• Current Symbol: NASDAQ:RGCO
• CUSIP: N/A
• CIK: 1069533
• Web: www.rgcresources.com
• Phone: (540) 777-4427
• Fax: 540-777-2636
• Employees: 100
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $1.16
• Trailing P/E Ratio: 17.47
• Forward P/E Ratio: 16.47
• P/E Growth: N/A
• Net Income: $11.76 million
• Net Margins: 13.90%
• Pretax Margin: 18.26%
• Return on Equity: 10.91%
• Return on Assets: 3.72%

Debt

• Debt-to-Equity Ratio: 1.26
• Current Ratio: 0.87
• Quick Ratio: 0.52

Sales & Book Value

• Annual Sales: $84.64 million
• Price / Sales: 2.46
• Cash Flow: $2.15 per share
• Price / Cash Flow: 9.43
• Book Value: $10.58 per share
• Price / Book: 1.91

Miscellaneous

• Outstanding Shares: 10,263,000
• Free Float: 9,586,000
• Market Cap: $207.93 million
• Optionable: Optionable
• Beta: 0.17