Ruth's Hospitality Group - RUTH Stock Forecast, Price & News

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ruth's Hospitality Group in the last year. There are currently 1 hold rating, 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" RUTH shares.
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5 brokerages have issued 1 year price objectives for Ruth's Hospitality Group's stock. Their RUTH share price forecasts range from $27.00 to $28.00. On average, they predict the company's share price to reach $27.50 in the next twelve months. This suggests a possible upside of 46.4% from the stock's current price.
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Ruth's Hospitality Group's stock was trading at $19.90 at the start of the year. Since then, RUTH shares have decreased by 5.6% and is now trading at $18.78.
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Ruth's Hospitality Group is scheduled to release its next quarterly earnings announcement on Friday, November 4th 2022.
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Ruth's Hospitality Group, Inc. (NASDAQ:RUTH) released its quarterly earnings results on Thursday, October, 28th. The restaurant operator reported $0.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.08. The restaurant operator earned $104.19 million during the quarter, compared to analyst estimates of $104.46 million. Ruth's Hospitality Group had a trailing twelve-month return on equity of 31.95% and a net margin of 8.54%. During the same quarter last year, the firm earned ($0.04) EPS.

Ruth's Hospitality Group announced a quarterly dividend on Monday, August 8th. Investors of record on Friday, August 19th will be given a dividend of $0.14 per share on Friday, September 2nd. This represents a $0.56 annualized dividend and a yield of 2.98%. The ex-dividend date is Thursday, August 18th.
Read our dividend analysis for RUTH.

Ruth's Hospitality Group (NASDAQ:RUTH) pays an annual dividend of $0.56 per share and currently has a dividend yield of 3.10%. The dividend payout ratio is 45.90%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RUTH will have a dividend payout ratio of 34.78% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for RUTH.

114 employees have rated Ruth's Hospitality Group Chief Executive Officer Michael P. O'Donnell on Glassdoor.com. Michael P. O'Donnell has an approval rating of 72% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Ruth's Hospitality Group investors own include Walt Disney (DIS), Enterprise Products Partners (EPD), Southwest Airlines (LUV), Boeing (BA), Delta Air Lines (DAL), Visa (V), Verizon Communications (VZ), Bank of America (BAC), General Motors (GM) and Johnson & Johnson (JNJ).

Ruth's Hospitality Group trades on the NASDAQ under the ticker symbol "RUTH."

Ruth's Hospitality Group's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Royce & Associates LP (1.52%), Victory Capital Management Inc. (1.01%), Strs Ohio (0.67%), Congress Asset Management Co. MA (0.42%), Assenagon Asset Management S.A. (0.36%) and Russell Investments Group Ltd. (0.26%). Insiders that own company stock include Michael P Odonnell and Susan Mirdamadi.
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Shares of RUTH 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 RUTH stock can currently be purchased for approximately $18.78.

Ruth's Hospitality Group (NASDAQ:RUTH) has a market capitalization of $644.59 million and generates $429.12 million in revenue each year. The restaurant operator earns $42.28 million in net income (profit) each year or $1.22 on an earnings per share basis.

Ruth's Hospitality Group employs 4,527 workers across the globe.

Ruth's Hospitality Group was founded in 2008.

Ruth's Hospitality Group's mailing address is 1030 W. CANTON AVENUE SUITE 100, WINTER PARK FL, 32789. The official website for the company is www.rhgi.com. The restaurant operator can be reached via phone at (407) 333-7440, via email at investor@rhgi.com, or via fax at 407-833-9625.