Camping World (NYSE:CWH) Plans $0.13 Quarterly Dividend

Camping World (NYSE:CWH) announced a quarterly dividend on Thursday, December 4th. Stockholders of record on Monday, December 15th will be given a dividend of 0.125 per share on Monday, December 29th. This represents a c) annualized dividend and a dividend yield of 4.5%. The ex-dividend date is Monday, December 15th.

Camping World has decreased its dividend by an average of 0.0%per year over the last three years and has increased its dividend every year for the last 1 years. Camping World has a dividend payout ratio of 37.3% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Camping World to earn $0.78 per share next year, which means the company should continue to be able to cover its $0.50 annual dividend with an expected future payout ratio of 64.1%.

Camping World Stock Down 1.6%

Shares of CWH opened at $11.12 on Friday. The firm has a fifty day moving average price of $13.40 and a 200-day moving average price of $15.95. The company has a current ratio of 1.26, a quick ratio of 0.27 and a debt-to-equity ratio of 3.29. The firm has a market capitalization of $1.14 billion, a P/E ratio of -11.95 and a beta of 1.95. Camping World has a 12-month low of $9.49 and a 12-month high of $25.62.

Camping World (NYSE:CWH) last announced its quarterly earnings data on Tuesday, October 28th. The company reported $0.43 earnings per share for the quarter, beating analysts’ consensus estimates of $0.33 by $0.10. The company had revenue of $1.81 billion during the quarter, compared to analyst estimates of $1.75 billion. Camping World had a negative net margin of 0.85% and a positive return on equity of 3.80%. The firm’s revenue for the quarter was up 4.7% on a year-over-year basis. During the same quarter last year, the business posted $0.17 EPS. Equities research analysts expect that Camping World will post -0.66 earnings per share for the current year.

About Camping World

Camping World Holdings, Inc, together its subsidiaries, retails recreational vehicles (RVs), and related products and services in the United States. It operates in two segments, Good Sam Services and Plans; and RV and Outdoor Retail. The company provides a portfolio of services, protection plans, products, and resources in the RV industry.