RGC Resources - RGCO Stock Forecast, Price & News

RGC Resources' stock was trading at $23.01 at the beginning of 2022. Since then, RGCO stock has decreased by 2.2% and is now trading at $22.50.
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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) released its quarterly earnings data on Wednesday, August, 4th. The energy company reported $0.07 earnings per share for the quarter, beating the consensus estimate of $0.02 by $0.05. The energy company had revenue of $14.05 million for the quarter, compared to analyst estimates of $11 million. RGC Resources had a positive trailing twelve-month return on equity of 9.04% and a negative net margin of 37.70%.

RGC Resources announced a quarterly dividend on Wednesday, November 30th. Investors of record on Wednesday, January 18th will be paid 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 3.51%. 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.

Shares of RGC Resources 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.

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 variety 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.
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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.
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One share of RGCO stock can currently be purchased for approximately $22.50.

RGC Resources (NASDAQ:RGCO) has a market capitalization of $221.22 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.