NASDAQ:RCKY Rocky Brands (RCKY) Stock Forecast, Price & News $19.35 +0.36 (+1.90%) (As of 06/2/2023 08:48 PM ET) Add Compare Share Share Today's Range$18.54▼$19.8750-Day Range$18.74▼$29.2252-Week Range$18.00▼$38.45Volume109,800 shsAverage Volume36,297 shsMarket Capitalization$142.22 millionP/E Ratio11.19Dividend Yield3.20%Price Target$39.67 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Rocky Brands MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside105.0% Upside$39.67 Price TargetShort InterestHealthy2.38% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.00Based on 2 Articles This WeekInsider TradingAcquiring Shares$24,570 Bought Last QuarterProj. Earnings Growth88.06%From $2.01 to $3.78 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.99 out of 5 starsConsumer Discretionary Sector12th out of 268 stocksFootwear, Except Rubber Industry1st out of 5 stocks 3.0 Analyst's Opinion Consensus RatingRocky Brands has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $39.67, Rocky Brands has a forecasted upside of 105.0% from its current price of $19.35.Amount of Analyst CoverageRocky Brands has only been the subject of 1 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted2.38% of the float of Rocky Brands has been sold short.Short Interest Ratio / Days to CoverRocky Brands has a short interest ratio ("days to cover") of 4.6.Change versus previous monthShort interest in Rocky Brands has recently decreased by 25.79%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldRocky Brands pays a meaningful dividend of 3.20%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthRocky Brands does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Rocky Brands is 35.84%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Rocky Brands will have a dividend payout ratio of 16.40% next year. This indicates that Rocky Brands will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for RCKY. Previous Next 0.6 News and Social Media Coverage News Coverage This WeekMarketBeat has tracked 2 news articles for Rocky Brands this week, compared to 2 articles on an average week.MarketBeat Follows1 people have added Rocky Brands to their MarketBeat watchlist in the last 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Rocky Brands insiders have bought more of their company's stock than they have sold. Specifically, they have bought $24,570.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 8.20% of the stock of Rocky Brands is held by insiders.Percentage Held by Institutions75.96% of the stock of Rocky Brands is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Rocky Brands are expected to grow by 88.06% in the coming year, from $2.01 to $3.78 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Rocky Brands is 11.19, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 121.13.Price to Earnings Ratio vs. SectorThe P/E ratio of Rocky Brands is 11.19, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 12.65.Price to Book Value per Share RatioRocky Brands has a P/B Ratio of 0.66. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Rocky Brands (NASDAQ:RCKY) StockRocky Brands, Inc. engages in the design, manufacture, and marketing of footwear and apparel. Its brands include Rocky, Georgia Boot, Durango, Lehigh, and Michelin. It operates through the following segments: Wholesale, Retail, and Contract Manufacturing. The Wholesale segment distributes products through retail stores. The Retail segment includes direct sales of products to consumers through e-commerce websites, third party marketplaces, and Rocky outlet stores. The Contract Manufacturing segment focuses on wholesale, retail business and footwear contracts with the U.S. military. The company was founded in 1932 and is headquartered in Nelsonville, OH.Read More Receive RCKY Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Rocky Brands and its competitors with MarketBeat's FREE daily newsletter. Email Address RCKY Stock News HeadlinesMay 30, 2023 | americanbankingnews.comRocky Brands, Inc. (NASDAQ:RCKY) to Issue $0.16 Quarterly DividendMay 24, 2023 | msn.comRocky Brands: Shares May Be Stuck In A Hard PlaceJune 5, 2023 | Edge On The Street (Ad)AI industry Is Exploding! New Breakthrough Expected this SummerBill Gates says the AI Era has begun. Every tech company is looking to integrate artificial intelligence. A young company holds the secret to the next biggest AI advancement.May 22, 2023 | americanbankingnews.comRocky Brands (NASDAQ:RCKY) Coverage Initiated by Analysts at StockNews.comMay 21, 2023 | finance.yahoo.comRocky Brands' (NASDAQ:RCKY) Dividend Will Be $0.155May 19, 2023 | msn.comRocky Brands (RCKY) Declares $0.16 DividendMay 18, 2023 | americanbankingnews.comInsider Buying: Rocky Brands, Inc. (NASDAQ:RCKY) CFO Purchases $24,570.00 in StockMay 11, 2023 | marketwatch.com8-K: ROCKY BRANDS, INC.June 5, 2023 | Edge On The Street (Ad)AI industry Is Exploding! New Breakthrough Expected this SummerBill Gates says the AI Era has begun. Every tech company is looking to integrate artificial intelligence. A young company holds the secret to the next biggest AI advancement.May 6, 2023 | americanbankingnews.comB. Riley Trims Rocky Brands (NASDAQ:RCKY) Target Price to $25.00May 6, 2023 | americanbankingnews.comB. Riley Research Analysts Decrease Earnings Estimates for Rocky Brands, Inc. (NASDAQ:RCKY)May 5, 2023 | markets.businessinsider.comRobert W. Baird Remains a Hold on Rocky Brands (RCKY)May 5, 2023 | americanbankingnews.comRocky Brands, Inc. (NASDAQ:RCKY) Expected to Earn Q2 2023 Earnings of ($0.25) Per ShareMay 4, 2023 | msn.comB. Riley Securities Maintains Rocky Brands (RCKY) Neutral RecommendationMay 3, 2023 | msn.comRocky Brands shares plunge over 20% after surprise Q1 lossMay 3, 2023 | finance.yahoo.comQ1 2023 Rocky Brands Inc Earnings CallMay 2, 2023 | msn.comEarnings Wrap: Rocky Brands Reports Latest Results + MoreMay 2, 2023 | finance.yahoo.comRocky Brands, Inc. Announces First Quarter 2023 ResultsApril 29, 2023 | americanbankingnews.comRocky Brands, Inc. (NASDAQ:RCKY) Short Interest Down 14.5% in AprilApril 25, 2023 | finance.yahoo.comRocky Brands, Inc. to Report First Quarter 2023 Results on May 2, 2023April 24, 2023 | markets.businessinsider.comAnalysts Are Neutral on These Consumer Goods Stocks: Rocky Brands (RCKY), Whirlpool (WHR)April 5, 2023 | finance.yahoo.comRocky Brands, Inc. (NASDAQ:RCKY) is largely controlled by institutional shareholders who own 75% of the companyApril 4, 2023 | reuters.comRCKY.OQ - | Stock Price & Latest News | ReutersApril 4, 2023 | americanbankingnews.comFY2023 Earnings Estimate for Rocky Brands, Inc. (NASDAQ:RCKY) Issued By B. RileyApril 3, 2023 | msn.comRocky Brands unloads Servus brand to help pay down debtApril 3, 2023 | finance.yahoo.comRocky Brands, Inc. Announces Sale of Servus BrandMarch 31, 2023 | americanbankingnews.comRocky Brands (NASDAQ:RCKY) Coverage Initiated by Analysts at B. RileySee More Headlines RCKY Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart RCKY Company Calendar Last Earnings11/01/2021Ex-Dividend for 3/15 Dividend2/28/2023Dividend Payable3/15/2023Ex-Dividend for 6/15 Dividend5/31/2023Today6/05/2023Dividend Payable6/15/2023Next Earnings (Estimated)8/01/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Footwear, except rubber Sub-IndustryN/A SectorConsumer Discretionary Current SymbolNASDAQ:RCKY CUSIPN/A CIK895456 Webwww.rockybrands.com Phone(740) 753-1951Fax740-753-4024Employees2,500Year Founded1932Price Target and Rating Average Stock Price Forecast$39.67 High Stock Price Forecast$62.00 Low Stock Price Forecast$25.00 Forecasted Upside/Downside+105.0%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$1.73 Trailing P/E Ratio11.19 Forward P/E Ratio9.63 P/E GrowthN/ANet Income$20.47 million Net Margins2.28% Pretax Margin2.86% Return on Equity7.15% Return on Assets2.48% Debt Debt-to-Equity Ratio1.01 Current Ratio3.41 Quick Ratio0.95 Sales & Book Value Annual Sales$615.47 million Price / Sales0.23 Cash Flow$5.08 per share Price / Cash Flow3.81 Book Value$29.14 per share Price / Book0.66Miscellaneous Outstanding Shares7,350,000Free Float6,692,000Market Cap$142.22 million OptionableNot Optionable Beta1.17 Social Links Key ExecutivesJason S. BrooksChairman, President & Chief Executive OfficerThomas D. RobertsonChief Operating OfficerSarah O’ConnorTreasurer, Chief Financial & Accounting OfficerRichard SimmsSVP-Information Technology & Customer ServiceByron WorthamSenior VP-Georgia Boot & Durango BrandsKey CompetitorsSuperior Group of CompaniesNASDAQ:SGCBeachbodyNYSE:BODYCodere Online LuxembourgNASDAQ:CDROAlto IngredientsNASDAQ:ALTOSonderNASDAQ:SONDView All CompetitorsInsiders & InstitutionsJPMorgan Chase & Co.Bought 1,377 shares on 5/18/2023Ownership: 0.072%Geode Capital Management LLCBought 6,640 shares on 5/16/2023Ownership: 1.815%Select Equity Group L.P.Sold 5,983 shares on 5/16/2023Ownership: 0.778%Hawkeye Capital Management LLCSold 176,546 shares on 5/16/2023Ownership: 0.454%Thomas D RobertsonBought 1,300 shares on 5/15/2023Total: $24,570.00 ($18.90/share)View All Insider TransactionsView All Institutional Transactions RCKY Stock - Frequently Asked Questions Should I buy or sell Rocky Brands stock right now? 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Rocky Brands in the last year. There are currently 2 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" RCKY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RCKY, but not buy additional shares or sell existing shares. View RCKY analyst ratings or view top-rated stocks. What is Rocky Brands' stock price forecast for 2023? 2 Wall Street research analysts have issued 1 year price objectives for Rocky Brands' stock. Their RCKY share price forecasts range from $25.00 to $62.00. On average, they predict the company's share price to reach $39.67 in the next year. This suggests a possible upside of 105.0% from the stock's current price. View analysts price targets for RCKY or view top-rated stocks among Wall Street analysts. How have RCKY shares performed in 2023? Rocky Brands' stock was trading at $23.62 at the beginning of 2023. Since then, RCKY shares have decreased by 18.1% and is now trading at $19.35. View the best growth stocks for 2023 here. Are investors shorting Rocky Brands? Rocky Brands saw a drop in short interest during the month of May. As of May 15th, there was short interest totaling 162,300 shares, a drop of 25.8% from the April 30th total of 218,700 shares. Based on an average daily trading volume, of 35,100 shares, the short-interest ratio is presently 4.6 days. Approximately 2.4% of the shares of the company are short sold. View Rocky Brands' Short Interest. When is Rocky Brands' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 1st 2023. View our RCKY earnings forecast. How were Rocky Brands' earnings last quarter? Rocky Brands, Inc. (NASDAQ:RCKY) posted its quarterly earnings data on Monday, November, 1st. The textile maker reported $0.34 earnings per share for the quarter, missing the consensus estimate of $1.44 by $1.10. The textile maker had revenue of $125.51 million for the quarter, compared to analysts' expectations of $154.93 million. Rocky Brands had a trailing twelve-month return on equity of 7.15% and a net margin of 2.28%. During the same quarter last year, the firm earned $1.04 earnings per share. How often does Rocky Brands pay dividends? What is the dividend yield for Rocky Brands? Rocky Brands announced a quarterly dividend on Wednesday, May 17th. Shareholders of record on Thursday, June 1st will be given a dividend of $0.155 per share on Thursday, June 15th. This represents a $0.62 annualized dividend and a yield of 3.20%. The ex-dividend date of this dividend is Wednesday, May 31st. Read our dividend analysis for RCKY. Is Rocky Brands a good dividend stock? Rocky Brands (NASDAQ:RCKY) pays an annual dividend of $0.62 per share and currently has a dividend yield of 3.20%. The dividend payout ratio is 35.84%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RCKY will have a dividend payout ratio of 16.40% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for RCKY. What is Jason Brooks' approval rating as Rocky Brands' CEO? 3 employees have rated Rocky Brands Chief Executive Officer Jason Brooks on Glassdoor.com. Jason Brooks has an approval rating of 65% among the company's employees. What other stocks do shareholders of Rocky Brands own? Based on aggregate information from My MarketBeat watchlists, some companies that other Rocky Brands investors own include NVIDIA (NVDA), Overstock.com (OSTK), Visa (V), Activision Blizzard (ATVI), Mastercard (MA), Boeing (BA), Alibaba Group (BABA), Salesforce (CRM), Southwest Airlines (LUV) and Sorrento Therapeutics (SRNE). What is Rocky Brands' stock symbol? Rocky Brands trades on the NASDAQ under the ticker symbol "RCKY." Who are Rocky Brands' major shareholders? Rocky Brands' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include FMR LLC (14.25%), Dimensional Fund Advisors LP (7.89%), BlackRock Inc. (5.94%), Royce & Associates LP (3.03%), LSV Asset Management (2.67%) and North Star Investment Management Corp. (2.52%). Insiders that own company stock include Christopher M Lowery, G Courtney Haning, Glen E Corlett, James L Stewart, Mike Brooks, Robert Burton Jr Moore and Thomas D Robertson. View institutional ownership trends. How do I buy shares of Rocky Brands? Shares of RCKY 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. Compare Top Brokerages Here. What is Rocky Brands' stock price today? One share of RCKY stock can currently be purchased for approximately $19.35. How much money does Rocky Brands make? Rocky Brands (NASDAQ:RCKY) has a market capitalization of $142.22 million and generates $615.47 million in revenue each year. The textile maker earns $20.47 million in net income (profit) each year or $1.73 on an earnings per share basis. How many employees does Rocky Brands have? The company employs 2,500 workers across the globe. How can I contact Rocky Brands? Rocky Brands' mailing address is 39 EAST CANAL STREET, NELSONVILLE OH, 45764. The official website for the company is www.rockybrands.com. The textile maker can be reached via phone at (740) 753-1951 or via fax at 740-753-4024. This page (NASDAQ:RCKY) was last updated on 6/5/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Rocky Brands, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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