REV Group (REVG) Stock Price, News & Analysis

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for REV Group in the last twelve months. There are currently 1 sell rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" REVG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in REVG, but not buy additional shares or sell existing shares.
View REVG analyst ratings or view top-rated stocks.

3 Wall Street research analysts have issued 12 month price objectives for REV Group's stock. Their REVG share price targets range from $13.00 to $20.00. On average, they predict the company's share price to reach $17.60 in the next year. This suggests that the stock has a possible downside of 17.1%.
View analysts price targets for REVG or view top-rated stocks among Wall Street analysts.

REV Group's stock was trading at $18.17 on January 1st, 2024. Since then, REVG shares have increased by 16.9% and is now trading at $21.24.
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REV Group saw a decline in short interest during the month of March. As of March 31st, there was short interest totaling 1,150,000 shares, a decline of 21.2% from the March 15th total of 1,460,000 shares. Based on an average daily trading volume, of 926,300 shares, the days-to-cover ratio is currently 1.2 days. Currently, 2.3% of the shares of the company are sold short.
View REV Group's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, June 13th 2024.
View our REVG earnings forecast.

REV Group, Inc. (NYSE:REVG) posted its quarterly earnings results on Wednesday, March, 6th. The company reported $0.25 EPS for the quarter, beating analysts' consensus estimates of $0.15 by $0.10. The company had revenue of $586 million for the quarter, compared to the consensus estimate of $579.42 million. REV Group had a trailing twelve-month return on equity of 16.43% and a net margin of 9.15%. REV Group's revenue was up .4% on a year-over-year basis. During the same period last year, the business posted $0.04 EPS.

REV Group declared a quarterly dividend on Wednesday, March 6th. Stockholders of record on Thursday, March 28th will be given a dividend of $0.05 per share on Friday, April 12th. This represents a $0.20 dividend on an annualized basis and a yield of 0.94%. The ex-dividend date is Wednesday, March 27th.
Read our dividend analysis for REVG.

REV Group (NYSE:REVG) pays an annual dividend of $0.20 per share and currently has a dividend yield of 0.93%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 4.94%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, REVG will have a dividend payout ratio of 9.80% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for REVG.

ETFs with the largest weight of REV Group (NYSE:REVG) stock in their portfolio include Procure Disaster Recovery Strategy ETF (FIXT), Procure Disaster Recovery Strategy ETF (FEMA), Cambria Shareholder Yield ETF (SYLD) and Cambria Value and Momentum ETF (VAMO).Invesco Russell 2000 Dynamic Multifactor ETF (OMFS).

REV Group updated its FY 2024 earnings guidance on Wednesday, March, 6th. The company provided EPS guidance of for the period. The company issued revenue guidance of $2.5 billion-$2.6 billion, compared to the consensus revenue estimate of $2.6 billion.

35 employees have rated REV Group Chief Executive Officer Tim Sullivan on Glassdoor.com. Tim Sullivan has an approval rating of 33% among the company's employees. This puts Tim Sullivan in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other REV Group investors own include Simon Property Group (SPG), GB Sciences (GBLX), AT&T (T), Applied Materials (AMAT), Weyerhaeuser (WY), General Mills (GIS), Wells Fargo & Company (WFC), Caterpillar (CAT), Kimco Realty (KIM) and Kinder Morgan (KMI).

REV Group (REVG) raised $250 million in an IPO on Friday, January 27th 2017. The company issued 12,500,000 shares at $19.00-$21.00 per share. Goldman Sachs, Morgan Stanley and Baird served as the underwriters for the IPO and BMO Capital Markets, Credit Suisse, Deutsche Bank Securities, Jefferies, Wells Fargo Securities and Stifel were co-managers.

REV Group's stock is owned by many different retail and institutional investors. Top institutional investors include Los Angeles Capital Management LLC (0.24%), Toth Financial Advisory Corp (0.06%) and Hennion & Walsh Asset Management Inc. (0.02%). Insiders that own company stock include Christopher M Daniels, Joel M Rotroff, Jr Mark A Skonieczny, Justin Fish, Paul J Bamatter, Paul J Bamatter, Rodney M Rushing and Stephen W Boettinger.
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Shares of REVG 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.
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