Rocky Brands (RCKY) Scheduled to Post Earnings on Tuesday

Rocky Brands (NASDAQ:RCKY - Get Free Report) will post its quarterly earnings results after the market closes on Tuesday, April 30th. Analysts expect Rocky Brands to post earnings of $0.02 per share for the quarter. Persons interested in listening to the company's earnings conference call can do so using this link.

Rocky Brands (NASDAQ:RCKY - Get Free Report) last posted its quarterly earnings results on Wednesday, February 28th. The textile maker reported $0.98 EPS for the quarter, topping analysts' consensus estimates of $0.89 by $0.09. The business had revenue of $125.95 million during the quarter, compared to the consensus estimate of $128.90 million. Rocky Brands had a return on equity of 6.70% and a net margin of 2.26%. On average, analysts expect Rocky Brands to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Rocky Brands Stock Up 3.2 %

NASDAQ:RCKY traded up $0.86 during mid-day trading on Wednesday, reaching $27.42. The stock had a trading volume of 16,274 shares, compared to its average volume of 27,654. The company has a market capitalization of $203.40 million, a price-to-earnings ratio of 19.31 and a beta of 1.97. Rocky Brands has a 1-year low of $11.77 and a 1-year high of $32.38. The stock's 50 day simple moving average is $27.03 and its two-hundred day simple moving average is $25.43. The company has a debt-to-equity ratio of 0.76, a current ratio of 3.61 and a quick ratio of 1.24.

Rocky Brands Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 18th. Investors of record on Monday, March 4th were paid a $0.155 dividend. The ex-dividend date of this dividend was Friday, March 1st. This represents a $0.62 dividend on an annualized basis and a yield of 2.26%. Rocky Brands's dividend payout ratio (DPR) is 43.66%.

Analyst Upgrades and Downgrades

A number of research firms recently commented on RCKY. B. Riley lifted their price target on Rocky Brands from $19.00 to $24.00 and gave the stock a "neutral" rating in a research note on Tuesday, February 27th. StockNews.com upgraded Rocky Brands from a "hold" rating to a "buy" rating in a research note on Wednesday, April 17th.

About Rocky Brands

Rocky Brands, Inc designs, manufactures, and markets footwear and apparel in the United States, Canada, and internationally. It operates through Wholesale, Retail, and Contract Manufacturing segments. The Wholesale segment offers products, which includes sporting goods stores, outdoor retailers, independent shoe retailers, hardware stores, catalogs, mass merchants, uniform stores, farm store chains, specialty safety stores, specialty retailers, and online retailers in retail locations through a range of distribution channels.