RingCentral, Inc. (NYSE:RNG – Get Free Report) declared a quarterly dividend on Thursday, July 23rd. Investors of record on Thursday, August 6th will be given a dividend of 0.125 per share by the software maker on Thursday, August 20th. This represents a c) dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date is Thursday, August 6th. This is a 66.7% increase from RingCentral’s previous quarterly dividend of $0.07.
RingCentral Stock Performance
NYSE:RNG opened at $38.62 on Friday. The stock has a 50-day simple moving average of $40.27 and a 200 day simple moving average of $36.70. RingCentral has a 52-week low of $23.59 and a 52-week high of $49.85. The company has a market cap of $3.24 billion, a PE ratio of 41.08, a PEG ratio of 1.11 and a beta of 1.14.
RingCentral (NYSE:RNG – Get Free Report) last released its earnings results on Thursday, July 23rd. The software maker reported $1.22 EPS for the quarter, beating the consensus estimate of $1.16 by $0.06. RingCentral had a negative return on equity of 33.75% and a net margin of 3.31%.The firm had revenue of $657.01 million for the quarter, compared to analysts’ expectations of $650.53 million. During the same quarter in the previous year, the business posted $1.06 EPS. The business’s quarterly revenue was up 5.9% compared to the same quarter last year. RingCentral has set its FY 2026 guidance at 4.960-5.100 EPS and its Q3 2026 guidance at 1.250-1.300 EPS. On average, research analysts predict that RingCentral will post 2.78 earnings per share for the current fiscal year.
Key Stories Impacting RingCentral
- Positive Sentiment: RingCentral delivered Q2 EPS of $1.22 versus $1.16 expected and revenue of $657.0 million versus $650.5 million expected, signaling solid execution and helping support the stock. RingCentral Announces Second Quarter 2026 Financial Results
- Positive Sentiment: The company raised Q3 2026 EPS guidance to $1.25-$1.30 and FY 2026 EPS guidance to $4.96-$5.10, both above Street expectations, which often boosts investor confidence.
- Positive Sentiment: RingCentral expanded its partnership with NiCE and announced a collaboration with OpenAI, highlighting momentum in its AI sales pivot and potential for stronger product demand. NiCE and RingCentral Expand Strategic Partnership
- Positive Sentiment: The company boosted its quarterly dividend to $0.125 from $0.07, a 66.7% increase, which may appeal to income-focused investors.
- Neutral Sentiment: Management commentary and market coverage point to improving free-cash-flow generation, attractive valuation, and AI-driven customer retention, but these are longer-term positives rather than immediate catalysts. RingCentral: FCF Growth Amid AI Sales Pivot Is Impossible To Ignore
About RingCentral
RingCentral, Inc is a leading provider of cloud-based business communications and collaboration solutions. The company’s flagship platform delivers unified communications as a service (UCaaS), integrating voice over IP (VoIP) phone systems, video conferencing, team messaging and SMS into a single, cloud-native application. In addition to its UCaaS offering, RingCentral provides contact center as a service (CCaaS) capabilities, enabling organizations to manage customer interactions across voice, email, chat and social channels from a centralized dashboard.
Founded in 1999 and headquartered in Belmont, California, RingCentral went public on the New York Stock Exchange under the ticker RNG in 2013.
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