RGC Resources - RGCO Stock Forecast, Price & News

RGC Resources' stock was trading at $23.01 at the start of the year. Since then, RGCO stock has decreased by 1.9% and is now trading at $22.57.
View the best growth stocks for 2022 here.

RGC Resources saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 20,000 shares, an increase of 17.0% from the October 31st total of 17,100 shares. Based on an average daily trading volume, of 6,200 shares, the days-to-cover ratio is presently 3.2 days. Approximately 0.3% of the company's stock are sold short.
View RGC Resources' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, February 6th 2023.
View our RGCO earnings forecast.

RGC Resources, Inc. (NASDAQ:RGCO) posted its quarterly earnings results on Wednesday, August, 4th. The energy company reported $0.07 EPS for the quarter, topping the consensus estimate of $0.02 by $0.05. The energy company earned $14.05 million during the quarter, compared to analysts' expectations of $11 million. RGC Resources had a negative net margin of 37.70% and a positive trailing twelve-month return on equity of 9.04%.

RGC Resources announced a quarterly dividend on Wednesday, November 30th. Shareholders of record on Wednesday, January 18th will be given a dividend of $0.1975 per share on Wednesday, February 1st. This represents a $0.79 dividend on an annualized basis and a yield of 3.50%. The ex-dividend date of this dividend is Tuesday, January 17th. This is a positive change from the stock's previous quarterly dividend of $0.20.
Read our dividend analysis for RGCO.

RGC Resources shares split on Thursday, March 2nd 2017. The 3-2 split was announced on Tuesday, January 17th 2017. The newly issued shares were issued 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.

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).

RGC Resources trades on the NASDAQ under the ticker symbol "RGCO."

RGC Resources' stock is owned by a number of retail and institutional investors. Top institutional investors include Russell Investments Group Ltd. (2.52%), UBS Group AG (1.25%), Gabelli Funds LLC (1.23%), Gabelli Funds LLC (1.23%), Renaissance Technologies LLC (0.71%) and Teton Advisors Inc. (0.64%). Insiders that own company stock include Jacqueline L Archer, Jason A Field, John B Williamson III, Lawrence T Oliver, Lawrence T Oliver, Nancy H Agee, Paul W Nester, Paul W Nester, Randall P Burton II, Randall P Burton II, Raymond D Smoot, Jr and Robert B Johnston.
View institutional ownership trends.

Shares of RGCO 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.

One share of RGCO stock can currently be purchased for approximately $22.57.

RGC Resources (NASDAQ:RGCO) has a market capitalization of $221.91 million and generates $84.17 million in revenue each year. The energy company earns $-31,730,000.00 in net income (profit) each year or ($3.56) on an earnings per share basis.

RGC Resources' mailing address is 519 KIMBALL AVENUE N.E., ROANOKE VA, 24016. The official website for the company is www.rgcresources.com. The energy company can be reached via phone at (540) 777-4427, via email at investor_relations@rgcresources.com, or via fax at 540-777-2636.