Hurco Companies - HURC Stock Forecast, Price & News

Hurco Companies' stock was trading at $26.13 at the beginning of the year. Since then, HURC shares have decreased by 0.3% and is now trading at $26.04.
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Hurco Companies saw a decline in short interest during the month of March. As of March 15th, there was short interest totaling 12,500 shares, a decline of 41.3% from the February 28th total of 21,300 shares. Based on an average daily trading volume, of 21,000 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.2% of the company's stock are short sold.
View Hurco Companies' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Friday, June 2nd 2023.
View our HURC earnings forecast.

Hurco Companies, Inc. (NASDAQ:HURC) announced its earnings results on Friday, January, 6th. The scientific and technical instruments company reported $0.22 earnings per share (EPS) for the quarter. The scientific and technical instruments company had revenue of $63.46 million for the quarter. Hurco Companies had a net margin of 2.52% and a trailing twelve-month return on equity of 2.63%.

Hurco Companies declared a quarterly dividend on Friday, March 10th. Shareholders of record on Monday, March 27th will be paid a dividend of $0.16 per share on Monday, April 10th. This represents a $0.64 annualized dividend and a dividend yield of 2.46%. The ex-dividend date of this dividend is Friday, March 24th. This is an increase from the stock's previous quarterly dividend of $0.15.
Read our dividend analysis for HURC.

Hurco Companies (NASDAQ:HURC) pays an annual dividend of $0.60 per share and currently has a dividend yield of 2.32%. The company has been increasing its dividend for 10 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 66.67%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for HURC.

4 employees have rated Hurco Companies Chief Executive Officer Michael Doar on Glassdoor.com. Michael Doar has an approval rating of 71% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Hurco Companies investors own include TriCo Bancshares (TCBK), KeyCorp (KEY), Boston Private Financial (BPFH), Main Street Capital (MAIN), Boyd Gaming (BYD), Carnival Co. & (CCL), Cummins (CMI), Huntington Bancshares (HBAN), KKR & Co. Inc. (KKR) and Coca-Cola (KO).

Hurco Companies trades on the NASDAQ under the ticker symbol "HURC."

Hurco Companies' stock is owned by a number of institutional and retail investors. Top institutional investors include Pacific Ridge Capital Partners LLC (2.33%). Insiders that own company stock include Polar Asset Management Partner and Richard R Porter.
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Shares of HURC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of HURC stock can currently be purchased for approximately $26.04.

Hurco Companies (NASDAQ:HURC) has a market capitalization of $170.04 million and generates $250.81 million in revenue each year. The scientific and technical instruments company earns $8.23 million in net income (profit) each year or $0.90 on an earnings per share basis.

The company employs 706 workers across the globe.

Hurco Companies' mailing address is One Technology Way, Indianapolis IN, 46268. The official website for the company is www.hurco.com. The scientific and technical instruments company can be reached via phone at (317) 614-1549, via email at mcclellands@hurco.com, or via fax at 317-328-2811.