NASDAQ:RECN - Resources Connection Stock Price, Forecast & News

Resources Connection trades on the NASDAQ under the ticker symbol "RECN."

Resources Connection declared a quarterly dividend on Thursday, October 17th. Investors of record on Tuesday, November 12th will be given a dividend of $0.14 per share on Tuesday, December 10th. This represents a $0.56 annualized dividend and a yield of 3.44%. The ex-dividend date of this dividend is Friday, November 8th. View Resources Connection's Dividend History.

Resources Connection, Inc. (NASDAQ:RECN) posted its earnings results on Thursday, January, 2nd. The business services provider reported $0.39 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.31 by $0.08. The business services provider had revenue of $184.51 million for the quarter, compared to analysts' expectations of $183 million. Resources Connection had a net margin of 4.52% and a return on equity of 11.74%. Resources Connection's quarterly revenue was down 2.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.33 EPS. View Resources Connection's Earnings History.

Resources Connection is scheduled to release their next quarterly earnings announcement on Wednesday, April 1st 2020. View Earnings Estimates for Resources Connection.

News stories about RECN stock have been trending somewhat positive recently, according to InfoTrie. The research firm identifies negative and positive media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Resources Connection earned a daily sentiment score of 1.7 on InfoTrie's scale. They also gave press coverage about the business services provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the next few days. View News Stories for Resources Connection.

Resources Connection saw a increase in short interest in the month of December. As of December 31st, there was short interest totalling 666,300 shares, an increase of 13.8% from the December 15th total of 585,400 shares. Based on an average trading volume of 160,700 shares, the days-to-cover ratio is currently 4.1 days. Currently, 2.2% of the shares of the stock are short sold. View Resources Connection's Current Options Chain.

Some companies that are related to Resources Connection include Verisk Analytics (VRSK), Equifax (EFX), Nielsen (NLSN), FTI Consulting (FCN), Exponent (EXPO), ICF International (ICFI), Huron Consulting Group (HURN), CBIZ (CBZ), Franklin Covey (FC), CRA International (CRAI), Mistras Group (MG), VSE (VSEC), Hill International (HIL), Acacia Research (ACTG) and Odyssey Marine Exploration (OMEX).

Based on aggregate information from My MarketBeat watchlists, some companies that other Resources Connection investors own include Hawkins (HWKN), CA (CA), BlackRock (BLK), Charles Schwab (SCHW), Endologix (ELGX), Frontier Communications (FTR), Express (EXPR), Transocean (RIG), Hudson Technologies (HDSN) and AT&T (T).

Resources Connection's stock is owned by many different of institutional and retail investors. Top institutional investors include Louisiana State Employees Retirement System (0.03%). Company insiders that own Resources Connection stock include Anthony Cherbak, Donald B Murray, John D Bower, Kate W Duchene, Michael H Wargotz and Susan J Crawford. View Institutional Ownership Trends for Resources Connection.

RECN stock was sold by a variety of institutional investors in the last quarter, including Louisiana State Employees Retirement System. Company insiders that have sold Resources Connection company stock in the last year include Donald B Murray, John D Bower, Kate W Duchene and Susan J Crawford. View Insider Buying and Selling for Resources Connection.

Shares of RECN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of RECN stock can currently be purchased for approximately $16.28.

Resources Connection has a market capitalization of $521.45 million and generates $729 million in revenue each year. The business services provider earns $31.47 million in net income (profit) each year or $1.03 on an earnings per share basis. Resources Connection employs 3,896 workers across the globe.View Additional Information About Resources Connection.

The official website for Resources Connection is http://www.rgp.com/.

Resources Connection's mailing address is 17101 ARMSTRONG AVENUE, IRVINE CA, 92614. The business services provider can be reached via phone at 714-430-6400 or via email at [email protected]