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

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

Sturm, Ruger & Company, Inc. Price Performance

Shares of NYSE:RGR traded up $0.05 during trading on Tuesday, reaching $46.33. 153,402 shares of the company’s stock traded hands, 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 company has a 50 day moving average of $45.71 and a 200-day moving average of $45.37. The stock has a market capitalization of $818.19 million, a P/E ratio of 17.03 and a beta of 0.31.

Sturm, Ruger & Company, Inc. Increases Dividend

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

Insider Activity at Sturm, Ruger & Company, Inc.

In related news, CEO Christopher John Killoy sold 554 shares of the business’s stock in a transaction dated Monday, April 8th. The shares were sold at an average price of $47.00, for a total transaction of $26,038.00. Following the completion of the sale, the chief executive officer now owns 49,145 shares of the company’s stock, valued at approximately $2,309,815. The sale was disclosed in a legal filing with the SEC, which is available through this link. Insiders sold a total of 7,388 shares of company stock valued at $340,018 in the last quarter. 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.