Q4 Earnings Forecast for RELL Issued By Northland Securities

Key Points

• Northland Securities cut its Q4 2026 EPS estimate for Richardson Electronics to $0.07 from $0.11, while projecting FY2027 EPS of $0.39, which is above the current consensus of about $0.27.
• Richardson recently reported earnings of $0.07 per share, beating analyst estimates of $0.05, with revenue of $55.47 million versus estimates of $53.13 million.
• Analyst sentiment is mixed—Weiss Ratings reiterated a "sell (d+)" and MarketBeat shows a consensus "Reduce" with a $14 price target—meanwhile insiders have been net sellers and the company announced a quarterly dividend of $0.06 (1.7% yield).

Richardson Electronics, Ltd. (NASDAQ:RELL - Free Report) - Equities research analysts at Northland Securities lowered their Q4 2026 earnings estimates for shares of Richardson Electronics in a research report issued to clients and investors on Friday, April 10th. Northland Securities analyst B. Brooks now anticipates that the technology company will post earnings of $0.07 per share for the quarter, down from their prior forecast of $0.11. The consensus estimate for Richardson Electronics' current full-year earnings is $0.27 per share. Northland Securities also issued estimates for Richardson Electronics' Q2 2027 earnings at $0.07 EPS, Q4 2027 earnings at $0.07 EPS and FY2027 earnings at $0.39 EPS.

Richardson Electronics (NASDAQ:RELL - Get Free Report) last announced its quarterly earnings data on Wednesday, April 8th. The technology company reported $0.07 earnings per share for the quarter, topping analysts' consensus estimates of $0.05 by $0.02. Richardson Electronics had a net margin of 1.75% and a return on equity of 2.83%. The company had revenue of $55.47 million during the quarter, compared to analyst estimates of $53.13 million.

Separately, Weiss Ratings restated a "sell (d+)" rating on shares of Richardson Electronics in a report on Wednesday, April 8th. One research analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Richardson Electronics currently has an average rating of "Reduce" and a consensus price target of $14.00.

Richardson Electronics Stock Up 3.1%

Shares of NASDAQ RELL opened at $13.77 on Tuesday. Richardson Electronics has a twelve month low of $7.90 and a twelve month high of $15.34. The firm has a market cap of $199.94 million, a P/E ratio of 51.00, a PEG ratio of 2.22 and a beta of 1.13. The company has a 50 day moving average of $12.05 and a 200 day moving average of $11.20.

Richardson Electronics Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, May 27th. Shareholders of record on Friday, May 8th will be given a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend is Friday, May 8th. Richardson Electronics's payout ratio is 88.89%.

Insiders Place Their Bets

In other Richardson Electronics news, CFO Robert J. Ben sold 4,000 shares of Richardson Electronics stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $12.99, for a total value of $51,960.00. Following the completion of the sale, the chief financial officer owned 53,034 shares of the company's stock, valued at approximately $688,911.66. The trade was a 7.01% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Kenneth Halverson sold 10,000 shares of Richardson Electronics stock in a transaction that occurred on Thursday, February 12th. The stock was sold at an average price of $13.09, for a total transaction of $130,900.00. Following the completion of the sale, the director directly owned 14,345 shares of the company's stock, valued at approximately $187,776.05. This trade represents a 41.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 36,000 shares of company stock valued at $447,890. Company insiders own 33.40% of the company's stock.

Institutional Investors Weigh In On Richardson Electronics

A number of hedge funds have recently modified their holdings of RELL. Tower Research Capital LLC TRC grew its position in shares of Richardson Electronics by 298.8% during the 2nd quarter. Tower Research Capital LLC TRC now owns 4,160 shares of the technology company's stock valued at $40,000 after acquiring an additional 3,117 shares during the period. Raymond James Financial Inc. bought a new stake in shares of Richardson Electronics during the 2nd quarter valued at $57,000. Los Angeles Capital Management LLC bought a new stake in shares of Richardson Electronics during the 4th quarter valued at $91,000. Engineers Gate Manager LP bought a new stake in shares of Richardson Electronics during the 2nd quarter valued at $103,000. Finally, GSA Capital Partners LLP bought a new stake in shares of Richardson Electronics during the 3rd quarter valued at $104,000. Institutional investors own 71.95% of the company's stock.

Key Stories Impacting Richardson Electronics

Here are the key news stories impacting Richardson Electronics this week:

• Positive Sentiment: Sidoti raised its FY2026 estimate to $0.25 (from $0.22) and projects FY2028 EPS of $0.60, signaling a stronger medium‑term recovery that could justify higher forward multiples. MarketBeat Research Note
• Positive Sentiment: Northland’s model shows a higher FY2027 view ($0.39) versus the current consensus (~$0.27), suggesting potential upside to consensus estimates if execution improves. MarketBeat Research Note
• Positive Sentiment: Sidoti’s 2028 quarterly run‑rate forecasts (Q1–Q3 2028 at ~$0.14–0.15) imply accelerating earnings into 2028, providing a clearer path to the raised FY2028 target. MarketBeat Research Note
• Neutral Sentiment: Both firms published a full slate of quarterly forecasts (Q4'26–Q3'28), improving visibility for investors but leaving consensus near current levels (~$0.27 FY). This provides modeling detail but not an immediate earnings surprise. MarketBeat Research Note
• Negative Sentiment: Sidoti cut several near‑term estimates — notable reductions include Q3'27 (from $0.16 to $0.10) and Q4'27 (from $0.17 to $0.10) — indicating expected near‑term softness that could pressure upcoming quarterly results. MarketBeat Research Note
• Negative Sentiment: Northland trimmed Q4'26 and other quarterly EPS (e.g., Q4'26 to $0.07 from $0.11), reinforcing the picture of a weaker short‑term revenue/earnings mix. MarketBeat Research Note

About Richardson Electronics

Richardson Electronics, Ltd. NASDAQ: RELL is a global manufacturer, distributor and servicer of engineered components and subsystems for a diverse range of industrial, medical and scientific applications. The company specializes in vacuum electron devices, high-voltage power supplies and related electronic components, offering klystrons, traveling wave tubes, magnetrons, X-ray tubes, microwave amplifiers and power conversion products. Its solutions support customers in power grid management, semiconductor processing, medical imaging, scientific instrumentation and telecommunications.

In addition to its manufacturing capabilities, Richardson Electronics maintains a broad distribution network comprising thousands of standard and custom parts.

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