NASDAQ:RCKY

Rocky Brands (RCKY) Stock Price, News & Analysis

$35.11
+1.11 (+3.26%)
(As of 05/3/2024 ET)
Today's Range
$34.00
$35.69
50-Day Range
$24.57
$35.11
52-Week Range
$11.77
$35.69
Volume
84,920 shs
Average Volume
35,194 shs
Market Capitalization
$260.62 million
P/E Ratio
19.40
Dividend Yield
1.77%
Price Target
$28.00

Rocky Brands MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
20.3% Downside
$28.00 Price Target
Short Interest
Healthy
4.03% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.39mentions of Rocky Brands in the last 14 days
Based on 19 Articles This Week
Insider Trading
Selling Shares
$163,900 Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.79 out of 5 stars

Consumer Discretionary Sector

1513th out of 1,620 stocks

Footwear, Except Rubber Industry

31st out of 36 stocks

RCKY stock logo

About Rocky Brands Stock (NASDAQ:RCKY)

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. Retail segment sells its products directly to consumers through its websites comprising rockyboots.com, georgiaboot.com, durangoboot.com, muckbootcompany.com, xtratuf.com, lehighoutfitters.com, lehighsafetyshoes.com, and slipgrips.com; and third-party marketplaces and Rocky Outdoor Gear Stores. The Contract Manufacturing segment include private label sales and any sales to customers which are contracted to manufacture a specific footwear product for a customer and include sales to the U.S. Military. In addition, it serves industrial and construction workers, as well as workers in the hospitality industry, such as restaurants or hotels; farmers and ranchers; western; commercial military personnel; hunting, fishing, camping, and hiking enthusiasts; law enforcement, security personnel, and postal employees; and for the U.S. military personnel. The company sells its products under the Rocky, Georgia Boot, Durango, Lehigh, Muck, XTRATUF, Servus, Ranger, and Michelin brand names Rocky Brands, Inc. was formerly known as William Brooks Shoe Co. The company was founded in 1932 and is headquartered in Nelsonville, Ohio.

RCKY Stock Price History

RCKY Stock News Headlines

Rocky Brands (NASDAQ:RCKY) Price Target Raised to $32.00
Conflict In Israel Sends Gold Soaring ???? Here’s How To Get Your Share
The latest flare-up between Israel and Palestinian militants has sent gold prices surging. Why? Because savvy investors know the endgame of the elites at play… Geopolitical crises breed uncertainty — and gold thrives on uncertainty.
Conflict In Israel Sends Gold Soaring ???? Here’s How To Get Your Share
The latest flare-up between Israel and Palestinian militants has sent gold prices surging. Why? Because savvy investors know the endgame of the elites at play… Geopolitical crises breed uncertainty — and gold thrives on uncertainty.
Q1 2024 Rocky Brands Inc Earnings Call
Here's what Wall Street expects from Rocky Brands's earnings report
Rocky Brands (RCKY) Set to Announce Earnings on Tuesday
Q4 2023 Rocky Brands Inc Earnings Call
See More Headlines
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Company Calendar

Last Earnings
2/28/2024
Ex-Dividend for 3/18 Dividend
3/01/2024
Dividend Payable
3/18/2024
Today
5/04/2024
Next Earnings (Estimated)
8/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Footwear, except rubber
Sub-Industry
N/A
Current Symbol
NASDAQ:RCKY
Employees
2,100
Year Founded
1932

Price Target and Rating

Average Stock Price Target
$28.00
High Stock Price Target
$32.00
Low Stock Price Target
$24.00
Potential Upside/Downside
-20.3%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

Net Income
$10.43 million
Pretax Margin
3.06%

Debt

Sales & Book Value

Annual Sales
$461.83 million
Cash Flow
$3.64 per share
Book Value
$30.28 per share

Miscellaneous

Free Float
6,814,000
Market Cap
$260.62 million
Optionable
Not Optionable
Beta
1.97

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RCKY Stock Analysis - 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 target for 2024?

2 brokers have issued 1-year price targets for Rocky Brands' stock. Their RCKY share price targets range from $24.00 to $32.00. On average, they expect the company's stock price to reach $28.00 in the next twelve months. This suggests that the stock has a possible downside of 20.3%.
View analysts price targets for RCKY
or view top-rated stocks among Wall Street analysts.

How have RCKY shares performed in 2024?

Rocky Brands' stock was trading at $30.18 on January 1st, 2024. Since then, RCKY shares have increased by 16.3% and is now trading at $35.11.
View the best growth stocks for 2024 here
.

When is Rocky Brands' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 6th 2024.
View our RCKY earnings forecast
.

How were Rocky Brands' earnings last quarter?

Rocky Brands, Inc. (NASDAQ:RCKY) announced its earnings results on Wednesday, February, 28th. The textile maker reported $0.98 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.89 by $0.09. The textile maker had revenue of $125.95 million for the quarter, compared to analysts' expectations of $128.90 million. Rocky Brands had a net margin of 2.88% and a trailing twelve-month return on equity of 8.49%.

How often does Rocky Brands pay dividends? What is the dividend yield for Rocky Brands?

Rocky Brands announced a quarterly dividend on Tuesday, February 20th. Investors of record on Monday, March 4th will be given a dividend of $0.155 per share on Monday, March 18th. This represents a $0.62 dividend on an annualized basis and a yield of 1.77%. The ex-dividend date is Friday, March 1st.
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 2.41%. The dividend payout ratio is 34.25%. This payout ratio is at a healthy, sustainable level, below 75%.
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).

Who are Rocky Brands' major shareholders?

Rocky Brands' stock is owned by many different institutional and retail investors. Top institutional shareholders include Raymond James & Associates (6.35%), Allspring Global Investments Holdings LLC (1.43%), GSA Capital Partners LLP (0.26%), WealthBridge Capital Management LLC (0.19%), Los Angeles Capital Management LLC (0.13%) and Yarger Wealth Strategies LLC (0.12%). Insiders that own company stock include Christopher M Lowery, Curtis A Loveland, Dwight Eric Smith, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:RCKY) was last updated on 5/4/2024 by MarketBeat.com Staff

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