Rush Enterprises (RUSHA) Stock Forecast, Price & News

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Rush Enterprises in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" RUSHA shares.
View RUSHA analyst ratings or view top-rated stocks.

2 Wall Street research analysts have issued 12-month price objectives for Rush Enterprises' shares. Their RUSHA share price forecasts range from $61.00 to $64.00. On average, they anticipate the company's stock price to reach $62.50 in the next year. This suggests a possible upside of 12.7% from the stock's current price.
View analysts price targets for RUSHA or view top-rated stocks among Wall Street analysts.

Rush Enterprises' stock was trading at $52.28 at the beginning of 2023. Since then, RUSHA shares have increased by 6.1% and is now trading at $55.47.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 25th 2023.
View our RUSHA earnings forecast.

Rush Enterprises, Inc. (NASDAQ:RUSHA) announced its quarterly earnings results on Tuesday, October, 19th. The company reported $1.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.98 by $0.22. The business earned $1.27 billion during the quarter. Rush Enterprises had a trailing twelve-month return on equity of 22.01% and a net margin of 5.23%. During the same period last year, the company posted $0.60 earnings per share.

Rush Enterprises declared a quarterly dividend on Tuesday, April 25th. Stockholders of record on Wednesday, May 10th will be given a dividend of $0.21 per share on Friday, June 9th. This represents a $0.84 dividend on an annualized basis and a yield of 1.51%. The ex-dividend date of this dividend is Tuesday, May 9th.
Read our dividend analysis for RUSHA.

ETFs with the largest weight of Rush Enterprises (NASDAQ:RUSHA) stock in their portfolio include Profound Medical (PRN), First Trust NASDAQ BuyWrite Income ETF (FTQI), Janus Henderson Small Cap Growth Alpha ETF (JSML), Distillate Small/Mid Cash Flow ETF (DSMC), First Trust Small Cap Value AlphaDEX Fund (FYT), iShares US Small Cap Value Factor ETF (SVAL), VictoryShares US Small Mid Cap Value Momentum ETF (USVM) and Invesco DWA SmallCap Momentum ETF (DWAS).

Rush Enterprises (NASDAQ:RUSHA) pays an annual dividend of $0.84 per share and currently has a dividend yield of 1.61%. The company has been increasing its dividend for 4 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 12.26%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RUSHA will have a dividend payout ratio of 17.99% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for RUSHA.

Rush Enterprises shares split on Tuesday, October 13th 2020. The 3-2 split was announced on Tuesday, September 15th 2020. The newly created shares were distributed to shareholders after the closing bell on Monday, October 12th 2020. An investor that had 100 shares of stock prior to the split would have 150 shares after the split.

123 employees have rated Rush Enterprises Chief Executive Officer Rusty Rush on Glassdoor.com. Rusty Rush has an approval rating of 82% among the company's employees.

Rush Enterprises trades on the NASDAQ under the ticker symbol "RUSHA."

Rush Enterprises' stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (9.40%), Wellington Management Group LLP (7.70%), Dimensional Fund Advisors LP (5.85%), FMR LLC (4.30%), JPMorgan Chase & Co. (2.97%) and State Street Corp (1.76%). Insiders that own company stock include Derrek Weaver, James E Thor, Jody Pollard, Michael Mcroberts, Raymond Joseph Chess, Scott T Anderson, Scott T Anderson, Steven L Keller and William M Rusty Rush.
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Shares of RUSHA 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 RUSHA stock can currently be purchased for approximately $55.47.

Rush Enterprises (NASDAQ:RUSHA) has a market capitalization of $3.01 billion and generates $7.10 billion in revenue each year. The company earns $391.38 million in net income (profit) each year or $6.85 on an earnings per share basis.

The company employs 7,418 workers across the globe.

Rush Enterprises' mailing address is 555 I.H. 35 SOUTH SUITE 500, NEW BRAUNFELS TX, 78130. The official website for the company is www.rushenterprises.com. The company can be reached via phone at (830) 302-5200, via email at kellers@rush-enterprises.com, or via fax at 830-626-5310.