NASDAQ:RUTH - Ruth's Hospitality Group Stock Price, Price Target & More

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

Ruth's Hospitality Group announced a quarterly dividend on Monday, May 7th. Investors of record on Thursday, May 24th will be given a dividend of $0.11 per share on Thursday, June 7th. This represents a $0.44 annualized dividend and a yield of 1.56%. The ex-dividend date of this dividend is Wednesday, May 23rd. View Ruth's Hospitality Group's Dividend History.

Ruth's Hospitality Group announced that its board has initiated a stock repurchase program on Saturday, November 4th 2017, which permits the company to repurchase $60,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are usually an indication that the company's leadership believes its shares are undervalued.

Ruth's Hospitality Group, Inc. (NASDAQ:RUTH) announced its quarterly earnings data on Friday, May, 4th. The restaurant operator reported $0.45 earnings per share for the quarter, hitting the Thomson Reuters' consensus estimate of $0.45. The restaurant operator earned $116.50 million during the quarter, compared to analyst estimates of $115.84 million. Ruth's Hospitality Group had a net margin of 7.69% and a return on equity of 44.01%. The business's revenue was up 10.4% compared to the same quarter last year. During the same period last year, the company posted $0.35 earnings per share. View Ruth's Hospitality Group's Earnings History.

Ruth's Hospitality Group is scheduled to release their next quarterly earnings announcement on Thursday, July, 26th 2018. View Earnings Estimates for Ruth's Hospitality Group.

4 brokerages have issued twelve-month price objectives for Ruth's Hospitality Group's shares. Their forecasts range from $20.00 to $27.00. On average, they anticipate Ruth's Hospitality Group's stock price to reach $24.00 in the next twelve months. View Analyst Ratings for Ruth's Hospitality Group.

Some companies that are related to Ruth's Hospitality Group include Cheesecake Factory (CAKE), Jack in the Box (JACK), Brinker International (EAT), Main Street Capital (MAIN), Bloomin' Brands (BLMN), Dave & Buster's Entertainment (PLAY), Papa John's Int'l (PZZA), Arcos Dorados (ARCO), Wingstop (WING), Dine Brands Global (DIN), MITCHELLS &BUTLERS (MBPFF), Sonic Drive-In (SONC), BJ's Restaurants (BJRI), Denny's (DENN) and Fiesta Restaurant Group (FRGI).

Media stories about RUTH stock have been trending somewhat positive this week, Accern reports. The research group identifies positive and negative press coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Ruth's Hospitality Group earned a news impact score of 0.08 on Accern's scale. They also assigned news coverage about the restaurant operator an impact score of 44.63 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near future.

Ruth's Hospitality Group's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (13.25%), Allianz Asset Management GmbH (3.54%), Allianz Asset Management GmbH (3.54%), Principal Financial Group Inc. (2.66%), Principal Financial Group Inc. (2.66%) and JPMorgan Chase & Co. (2.00%). Company insiders that own Ruth's Hospitality Group stock include Alan Vituli, Carla Cooper, Cheryl Janet Henry, Kevin W Toomy, Michael P Odonnell and Susan Mirdamadi. View Institutional Ownership Trends for Ruth's Hospitality Group.

RUTH stock was sold by a variety of institutional investors in the last quarter, including Allianz Asset Management GmbH, Allianz Asset Management GmbH, LSV Asset Management, American Century Companies Inc., Hancock Holding Co., Royal Bank of Canada, Thrivent Financial for Lutherans and Citigroup Inc.. Company insiders that have sold Ruth's Hospitality Group company stock in the last year include Cheryl Janet Henry, Kevin W Toomy and Susan Mirdamadi. View Insider Buying and Selling for Ruth's Hospitality Group.

RUTH stock was purchased by a variety of institutional investors in the last quarter, including Ceredex Value Advisors LLC, Principal Financial Group Inc., Principal Financial Group Inc., Wells Fargo & Company MN, Millennium Management LLC, WINTON GROUP Ltd, A.R.T. Advisors LLC and Russell Investments Group Ltd.. View Insider Buying and Selling for Ruth's Hospitality Group.

Shares of RUTH can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of RUTH stock can currently be purchased for approximately $28.25.

Ruth's Hospitality Group has a market capitalization of $892.60 million and generates $414.82 million in revenue each year. The restaurant operator earns $30.13 million in net income (profit) each year or $1.10 on an earnings per share basis. Ruth's Hospitality Group employs 4,915 workers across the globe.

Ruth's Hospitality Group's mailing address is 1030 W. CANTON AVENUE SUITE 100, WINTER PARK FL, 32789. The restaurant operator can be reached via phone at 407-333-7440 or via email at [email protected]