Jerash Holdings (US), Inc. to Issue Quarterly Dividend of $0.05 (NASDAQ:JRSH)

Jerash Holdings (US), Inc. (NASDAQ:JRSH) announced a quarterly dividend on Friday, November 7th. Investors of record on Wednesday, November 19th will be given a dividend of 0.05 per share on Wednesday, November 26th. This represents a c) annualized dividend and a yield of 6.1%. The ex-dividend date is Wednesday, November 19th.

Jerash Holdings (US) has decreased its dividend payment by an average of 0.0%per year over the last three years. Jerash Holdings (US) has a payout ratio of 42.6% meaning its dividend is sufficiently covered by earnings.

Jerash Holdings (US) Trading Up 0.9%

JRSH traded up $0.03 during midday trading on Friday, reaching $3.26. The company’s stock had a trading volume of 10,854 shares, compared to its average volume of 76,426. Jerash Holdings has a 1 year low of $2.81 and a 1 year high of $4.17. The stock’s 50-day moving average is $3.35 and its 200-day moving average is $3.29. The firm has a market capitalization of $41.40 million, a price-to-earnings ratio of 46.57 and a beta of 1.09.

Jerash Holdings (US) (NASDAQ:JRSH) last issued its quarterly earnings results on Tuesday, August 12th. The company reported $0.03 EPS for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.07). The company had revenue of $39.63 million during the quarter, compared to the consensus estimate of $38.85 million. Jerash Holdings (US) had a return on equity of 1.31% and a net margin of 0.57%. Jerash Holdings (US) has set its Q2 2026 guidance at EPS.

Analyst Ratings Changes

Several equities research analysts have commented on JRSH shares. Weiss Ratings reissued a “hold (c)” rating on shares of Jerash Holdings (US) in a report on Wednesday, October 8th. Wall Street Zen raised Jerash Holdings (US) to a “hold” rating in a research report on Saturday, November 1st. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, Jerash Holdings (US) presently has a consensus rating of “Moderate Buy” and an average target price of $4.00.

Jerash Holdings (US) Company Profile

Jerash Holdings (US), Inc, through its subsidiaries, manufactures and exports customized and ready-made sport and outerwear. The company offers t-shirts; jackets and pullover; pants and shorts; crew neck, polo shirts, and tank tops made from knitted fabric, as well as personal protective equipment. It serves various brand-name retailers in the United States, Hong Kong, Jordan, and internationally.