Sturm, Ruger & Company, Inc. (NYSE:RGR) Releases Earnings Results, Misses Estimates By $0.44 EPS

Sturm, Ruger & Company, Inc. (NYSE:RGR) announced its earnings results on Tuesday. The company reported $0.40 EPS for the quarter, missing the consensus estimate of $0.84 by ($0.44), RTT News reports. The business had revenue of $136.80 million during the quarter, compared to analyst estimates of $153.40 million. Sturm, Ruger & Company, Inc. had a return on equity of 14.59% and a net margin of 8.87%. The firm’s revenue was down 8.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.81 earnings per share.

Sturm, Ruger & Company, Inc. Stock Up 0.1 %

NYSE:RGR traded up $0.05 during mid-day trading on Tuesday, reaching $46.33. 153,402 shares of the company were exchanged, compared to its average volume of 151,380. Sturm, Ruger & Company, Inc. has a 12 month low of $42.00 and a 12 month high of $56.20. The stock has a market cap of $818.19 million, a PE ratio of 17.03 and a beta of 0.31. The company has a fifty day moving average of $45.71 and a 200 day moving average of $45.37.

Sturm, Ruger & Company, Inc. Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 15th were issued a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.99%. This is a boost from Sturm, Ruger & Company, Inc.’s previous quarterly dividend of $0.17. The ex-dividend date of this dividend was Thursday, March 14th. Sturm, Ruger & Company, Inc.’s payout ratio is currently 33.82%.

Insider Transactions at Sturm, Ruger & Company, Inc.

In other Sturm, Ruger & Company, Inc. news, CEO Christopher John Killoy sold 3,664 shares of the company’s stock in a transaction on Friday, March 8th. The stock was sold at an average price of $45.03, for a total transaction of $164,989.92. Following the transaction, the chief executive officer now owns 52,869 shares of the company’s stock, valued at approximately $2,380,691.07. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Over the last three months, insiders have sold 7,388 shares of company stock worth $340,018. Corporate insiders own 3.50% of the company’s stock.

Sturm, Ruger & Company, Inc. Company Profile

Sturm, Ruger & Company, Inc, together with its subsidiaries, designs, manufactures, and sells firearms under the Ruger name and trademark in the United States. The company operates through two segments: Firearms and Castings. It provides single-shot, autoloading, bolt-action, and modern sporting rifles; rimfire and centerfire autoloading pistols; single-action and double-action revolvers; and firearms accessories and replacement parts, as well as manufactures lever-action rifles under the Marlin name and trademark.