How have RGCO shares performed in 2024?

RGC Resources' stock was trading at $20.34 at the beginning of 2024. Since then, RGCO stock has decreased by 7.1% and is now trading at $18.90. View the best growth stocks for 2024 here .

When is RGC Resources' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, May 3rd 2024. View our RGCO earnings forecast .

How were RGC Resources' earnings last quarter?

RGC Resources, Inc. (NASDAQ:RGCO) posted its earnings results on Monday, February, 5th. The energy company reported $0.50 earnings per share for the quarter, beating the consensus estimate of $0.39 by $0.11. The energy company had revenue of $24.42 million for the quarter, compared to analysts' expectations of $31 million. RGC Resources had a trailing twelve-month return on equity of 12.89% and a net margin of 14.75%.

How often does RGC Resources pay dividends? What is the dividend yield for RGC Resources?

RGC Resources declared a quarterly dividend on Monday, February 5th. Investors of record on Tuesday, April 16th will be paid a dividend of $0.20 per share on Wednesday, May 1st. This represents a $0.80 dividend on an annualized basis and a dividend yield of 4.23%. The ex-dividend date is Monday, April 15th. Read our dividend analysis for RGCO .

Is RGC Resources a good dividend stock?

RGC Resources (NASDAQ:RGCO) pays an annual dividend of $0.80 per share and currently has a dividend yield of 4.17%. RGCO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 20 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 61.07%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RGCO will have a dividend payout ratio of 62.99% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for RGCO .

When did RGC Resources' stock split?

RGC Resources's stock split before market open on Thursday, March 2nd 2017. The 3-2 split was announced on Tuesday, January 17th 2017. The newly minted shares were distributed to shareholders after the market closes on Wednesday, March 1st 2017. An investor that had 100 shares of stock prior to the split would have 150 shares after the split.

What other stocks do shareholders of RGC Resources own?

Based on aggregate information from My MarketBeat watchlists, some companies that other RGC Resources investors own include Exxon Mobil (XOM) , Freeport-McMoRan (FCX) , Verizon Communications (VZ) , Walt Disney (DIS) , Starbucks (SBUX) , Chevron (CVX) , General Motors (GM) , NVIDIA (NVDA) , QUALCOMM (QCOM) and Wells Fargo & Company (WFC) .

Who are RGC Resources' major shareholders?

RGC Resources' stock is owned by many different retail and institutional investors. Top institutional investors include Hennessy Advisors Inc. (0.15%). Insiders that own company stock include Christen Brooke Miles, Jacqueline L Archer , Jason A Field, John B Williamson III , Lawrence T Oliver, Lawrence T Oliver , Nancy H Agee , Paul W Nester , Randall P Burton II and Robert B Johnston. View institutional ownership trends .

How do I buy shares of RGC Resources?

Shares of RGCO 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 .

NASDAQ:RGCO

RGC Resources (RGCO) Stock Price, News & Analysis

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$18.90

-0.37 (-1.92%)

(As of 04/18/2024 ET)

Compare

Today's Range: $18.62
▼
$19.31
50-Day Range: $18.37
▼
$21.51
52-Week Range: $15.36
▼
$22.53

Volume: 17,707 shs
Average Volume: 17,169 shs
Market Capitalization: $192.02 million

P/E Ratio: 14.43
Dividend Yield: 4.23%
Price Target: N/A

Get RGC Resources alerts:

RGC Resources MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Bearish
0.80% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Acquiring Shares
$43,302 Bought Last Quarter
Proj. Earnings Growth: 9.48%
From $1.16 to $1.27 Per Share

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.

3.38 out of 5 stars

Oils/Energy Sector

98th out of 226 stocks

Gas Transmission & Distribution Industry

4th out of 5 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for RGC Resources.

2.0

Short Interest

Percentage of Shares Shorted
0.80% of the float of RGC Resources has been sold short.
Short Interest Ratio / Days to Cover
RGC Resources has a short interest ratio ("days to cover") of 4.1.
Change versus previous month
Short interest in RGC Resources has recently increased by 5.55%, indicating that investor sentiment is decreasing significantly.

5.0

Dividend Strength

Dividend Leadership
RGC Resources is a leading dividend payer. It pays a dividend yield of 4.17%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
RGC Resources has been increasing its dividend for 20 years.
Dividend Coverage
The dividend payout ratio of RGC Resources is 61.07%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, RGC Resources will have a dividend payout ratio of 62.99% next year. This indicates that RGC Resources will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for RGCO.

2.2

News and Social Media Coverage

News Sentiment
RGC Resources has a news sentiment score of 0.93. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.55 average news sentiment score of Oils/Energy companies.
News Coverage This Week
MarketBeat has tracked 1 news article for RGC Resources this week, compared to 1 article on an average week.
MarketBeat Follows
Only 1 people have added RGC Resources to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, RGC Resources insiders have bought more of their company's stock than they have sold. Specifically, they have bought $43,302.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 6.00% of the stock of RGC Resources is held by insiders.
Percentage Held by Institutions
Only 35.77% of the stock of RGC Resources is held by institutions.

2.5

Earnings and Valuation

Earnings Growth
Earnings for RGC Resources are expected to grow by 9.48% in the coming year, from $1.16 to $1.27 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of RGC Resources is 14.43, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.41.
Price to Earnings Ratio vs. Sector
The P/E ratio of RGC Resources is 14.43, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 19.98.
Price to Book Value per Share Ratio
RGC Resources has a P/B Ratio of 1.88. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About RGC Resources Stock (NASDAQ:RGCO)

RGC Resources, Inc., through its subsidiaries, operates as an energy services company. It sells and distributes natural gas to residential, commercial, and industrial customers in Roanoke, Virginia, and the surrounding localities. The company also provides various unregulated services. It operates approximately 1,179 miles of transmission and distribution pipeline; and a liquefied natural gas storage facility, as well as owns and operates six metering stations. In addition, it produces biogas. RGC Resources, Inc. was founded in 1883 and is based in Roanoke, Virginia.

RGCO Stock Price History

30 days | 90 days | 365 days | Advanced Chart

RGCO Stock News Headlines

April 17, 2024 | americanbankingnews.com

RGC Resources (NASDAQ:RGCO) Stock Price Crosses Above 200-Day Moving Average of $18.83

April 11, 2024 | finance.yahoo.com

A Look At The Fair Value Of RGC Resources, Inc. (NASDAQ:RGCO)

April 18, 2024 | Crypto 101 Media (Ad)

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March 25, 2024 | finance.yahoo.com

RGC Resources (NASDAQ:RGCO) investors are sitting on a loss of 11% if they invested five years ago

March 18, 2024 | finance.yahoo.com

CG Apr 2024 45.000 call

March 9, 2024 | uk.finance.yahoo.com

RGC Resources, Inc. (RGCO)

February 12, 2024 | finance.yahoo.com

Why RGC Resources Inc. (RGCO) is a Great Dividend Stock Right Now

February 8, 2024 | msn.com

RGC Resources Q1 Operating Results Analyst Discussion

April 18, 2024 | Crypto 101 Media (Ad)

SHOCKING Crypto Leak…

February 8, 2024 | finance.yahoo.com

RGC Resources, Inc. (NASDAQ:RGCO) Q1 2024 Earnings Call Transcript

February 7, 2024 | finance.yahoo.com

Q1 2024 RGC Resources Inc Earnings Call

February 7, 2024 | msn.com

RGC Resources Inc. Press Release Granted Legal Status

February 7, 2024 | finance.yahoo.com

RGC Resources First Quarter 2024 Earnings: EPS: US$0.50 (vs US$0.33 in 1Q 2023)

February 6, 2024 | uk.news.yahoo.com

Snap Hits 414M Active Users, Losses Narrow to $248M for Latest Quarter

February 6, 2024 | finance.yahoo.com

RGC Resources, Inc. Declares 320th Consecutive Quarterly Dividend

February 6, 2024 | finance.yahoo.com

RGC Resources Inc (RGCO) Reports Increased Earnings in First Quarter

February 5, 2024 | finance.yahoo.com

RGC Resources, Inc. Reports First Quarter Earnings

January 31, 2024 | finance.yahoo.com

TotalEnergies (TTE) Buys 200 Electric Charging Sites in Spain

January 29, 2024 | finance.yahoo.com

RGC Resources Holds Annual Shareholders Meeting

January 27, 2024 | finance.yahoo.com

RGC Resources, Inc. Schedules First Quarter 2024 Earnings Call

January 5, 2024 | finance.yahoo.com

RGC Resources, Inc.'s (NASDAQ:RGCO) largest shareholders are retail investors with 45% ownership, institutions own 36%

December 7, 2023 | finance.yahoo.com

RGC Resources Inc. (RGCO) Upgraded to Strong Buy: What Does It Mean for the Stock?

November 28, 2023 | msn.com

RGC Resources raises quarterly dividend by 1.3% to $0.20/share

November 28, 2023 | finance.yahoo.com

RGC Resources, Inc. Raises Annual Dividend to $0.80 per Share

November 22, 2023 | morningstar.com

RGC Resources Inc RGCO

November 22, 2023 | finance.yahoo.com

RGC Resources, Inc. Schedules Fourth Quarter 2023 Earnings Call

November 22, 2023 | finance.yahoo.com

RGC Resources Inc (RGCO) Reports Turnaround with Earnings of $11.3 Million for Fiscal 2023

See More Headlines

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Company Calendar

Ex-Dividend for 2/1 Dividend: 1/16/2024
Dividend Payable: 2/01/2024
Last Earnings: 2/05/2024
Ex-Dividend for 5/1 Dividend: 4/15/2024
Today: 4/18/2024
Dividend Payable: 5/01/2024
Next Earnings (Estimated): 5/03/2024
Fiscal Year End: 9/30/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Oils/Energy
Industry: Gas transmission & distribution
Sub-Industry: N/A
Current Symbol: NASDAQ:RGCO
CUSIP: N/A
CIK: 1069533
Web: www.rgcresources.com
Phone: (540) 777-4427
Fax: 540-777-2636
Employees: 100
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $1.31
Trailing P/E Ratio: 14.73
Forward P/E Ratio: 16.64
P/E Growth: N/A
Net Income: $11.30 million
Net Margins: 14.75%
Pretax Margin: 19.35%
Return on Equity: 12.89%
Return on Assets: 4.32%

Debt

Debt-to-Equity Ratio: 0.99
Current Ratio: 0.54
Quick Ratio: 0.36

Sales & Book Value

Annual Sales: $97.44 million
Price / Sales: 2.01
Cash Flow: $2.14 per share
Price / Cash Flow: 9.00
Book Value: $10.07 per share
Price / Book: 1.92

Miscellaneous

Outstanding Shares: 10,160,000
Free Float: 9,553,000
Market Cap: $196.09 million
Optionable: Optionable
Beta: 0.22

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Key Executives

Mr. Paul W. Nester (Age 49)
President, CEO & Director
Comp: $722.07k
Mr. Lawrence T. Oliver (Age 56)
Senior Vice President of Regulatory & External Affairs
Comp: $348.98k
Mr. Timothy J. Mulvaney (Age 55)
VP,CFO & Treasurer
C. Brooke Miles
Vice President of Human Resources

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

RGCO Stock Analysis - Frequently Asked Questions

How have RGCO shares performed in 2024?: RGC Resources' stock was trading at $20.34 at the beginning of 2024. Since then, RGCO stock has decreased by 7.1% and is now trading at $18.90.
View the best growth stocks for 2024 here.
When is RGC Resources' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Friday, May 3rd 2024.
View our RGCO earnings forecast.
How were RGC Resources' earnings last quarter?: RGC Resources, Inc. (NASDAQ:RGCO) posted its earnings results on Monday, February, 5th. The energy company reported $0.50 earnings per share for the quarter, beating the consensus estimate of $0.39 by $0.11. The energy company had revenue of $24.42 million for the quarter, compared to analysts' expectations of $31 million. RGC Resources had a trailing twelve-month return on equity of 12.89% and a net margin of 14.75%.
How often does RGC Resources pay dividends? What is the dividend yield for RGC Resources?: RGC Resources declared a quarterly dividend on Monday, February 5th. Investors of record on Tuesday, April 16th will be paid a dividend of $0.20 per share on Wednesday, May 1st. This represents a $0.80 dividend on an annualized basis and a dividend yield of 4.23%. The ex-dividend date is Monday, April 15th.
Read our dividend analysis for RGCO.
Is RGC Resources a good dividend stock?: RGC Resources (NASDAQ:RGCO) pays an annual dividend of $0.80 per share and currently has a dividend yield of 4.17%. RGCO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 20 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 61.07%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RGCO will have a dividend payout ratio of 62.99% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for RGCO.

When did RGC Resources' stock split?: RGC Resources's stock split before market open on Thursday, March 2nd 2017. The 3-2 split was announced on Tuesday, January 17th 2017. The newly minted shares were distributed to shareholders after the market closes on Wednesday, March 1st 2017. An investor that had 100 shares of stock prior to the split would have 150 shares after the split.
What other stocks do shareholders of RGC Resources own?: Based on aggregate information from My MarketBeat watchlists, some companies that other RGC Resources investors own include Exxon Mobil (XOM), Freeport-McMoRan (FCX), Verizon Communications (VZ), Walt Disney (DIS), Starbucks (SBUX), Chevron (CVX), General Motors (GM), NVIDIA (NVDA), QUALCOMM (QCOM) and Wells Fargo & Company (WFC).
Who are RGC Resources' major shareholders?: RGC Resources' stock is owned by many different retail and institutional investors. Top institutional investors include Hennessy Advisors Inc. (0.15%). Insiders that own company stock include Christen Brooke Miles, Jacqueline L Archer, Jason A Field, John B Williamson III, Lawrence T Oliver, Lawrence T Oliver, Nancy H Agee, Paul W Nester, Randall P Burton II and Robert B Johnston.
View institutional ownership trends.
How do I buy shares of RGC Resources?: Shares of RGCO 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:RGCO) was last updated on 4/18/2024 by MarketBeat.com Staff

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