NASDAQ:RUTHRuth's Hospitality Group Stock Price, Forecast & News

Ruth's Hospitality Group's stock was trading at $13.70 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, RUTH shares have decreased by 21.9% and is now trading at $10.70. View which stocks have been most impacted by Coronavirus.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ruth's Hospitality Group in the last year. There are currently 4 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Ruth's Hospitality Group.

Ruth's Hospitality Group is scheduled to release its next quarterly earnings announcement on Friday, August 7th 2020. View our earnings forecast for Ruth's Hospitality Group.

Ruth's Hospitality Group, Inc. (NASDAQ:RUTH) posted its earnings results on Friday, May, 8th. The restaurant operator reported $0.09 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.26 by $0.17. The restaurant operator earned $108.54 million during the quarter, compared to the consensus estimate of $112.11 million. Ruth's Hospitality Group had a net margin of 5.36% and a return on equity of 35.35%. View Ruth's Hospitality Group's earnings history.

Ruth's Hospitality Group announced a quarterly dividend on Monday, February 24th. Shareholders of record on Friday, March 6th will be given a dividend of $0.15 per share on Friday, March 20th. This represents a $0.60 annualized dividend and a dividend yield of 5.61%. The ex-dividend date is Thursday, March 5th. This is a boost from Ruth's Hospitality Group's previous quarterly dividend of $0.13. View Ruth's Hospitality Group's dividend history.

6 Wall Street analysts have issued 1-year price objectives for Ruth's Hospitality Group's stock. Their forecasts range from $8.00 to $24.00. On average, they anticipate Ruth's Hospitality Group's stock price to reach $14.95 in the next twelve months. This suggests a possible upside of 39.7% from the stock's current price. View analysts' price targets for Ruth's Hospitality Group.

Media headlines about RUTH stock have been trending somewhat negative recently, according to InfoTrie. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Ruth's Hospitality Group earned a news sentiment score of -1.0 on InfoTrie's scale. They also assigned press coverage about the restaurant operator a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View the latest news aboutRuth's Hospitality Group.

Ruth's Hospitality Group saw a increase in short interest in May. As of May 15th, there was short interest totaling 2,760,000 shares, an increase of 24.9% from the April 30th total of 2,210,000 shares. Based on an average daily trading volume, of 1,270,000 shares, the days-to-cover ratio is currently 2.2 days. Currently, 10.5% of the company's shares are short sold. View Ruth's Hospitality Group's Current Options Chain.

Some companies that are related to Ruth's Hospitality Group include Mcdonald's (MCD), Starbucks (SBUX), Chipotle Mexican Grill (CMG), Yum! Brands (YUM), Domino's Pizza (DPZ), Darden Restaurants (DRI), Dunkin Brands Group (DNKN), Wendys (WEN), Texas Roadhouse (TXRH), Cracker Barrel Old Country Store (CBRL), Papa John's Int'l (PZZA), Jack in the Box (JACK), Brinker International (EAT), Cheesecake Factory (CAKE) and Bloomin' Brands (BLMN). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Ruth's Hospitality Group investors own include Enterprise Products Partners (EPD), Walt Disney (DIS), Verizon Communications (VZ), Boeing (BA), Home Depot (HD), Delta Air Lines (DAL), Ford Motor (F), Netflix (NFLX), NVIDIA (NVDA) and Bank of America (BAC).

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 retail and institutional investors. Top institutional shareholders include BlackRock Inc. (15.70%), State Street Corp (3.38%), Bank of New York Mellon Corp (3.18%), Alliancebernstein L.P. (2.99%), Principal Financial Group Inc. (2.12%) and North Peak Capital Management LLC (1.75%). View institutional ownership trends for Ruth's Hospitality Group.

RUTH stock was sold by a variety of institutional investors in the last quarter, including Fuller & Thaler Asset Management Inc., Invesco Ltd., AQR Capital Management LLC, Morgan Stanley, Wells Fargo & Company MN, Los Angeles Capital Management & Equity Research Inc., BlackRock Inc., and Parametric Portfolio Associates LLC. View insider buying and selling activity for Ruth's Hospitality Group.

RUTH stock was purchased by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., North Peak Capital Management LLC, Deprince Race & Zollo Inc., Assenagon Asset Management S.A., State Street Corp, GSA Capital Partners LLP, WINTON GROUP Ltd, and Engineers Gate Manager LP. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

One share of RUTH stock can currently be purchased for approximately $10.70.

Ruth's Hospitality Group has a market capitalization of $305.81 million and generates $468.03 million in revenue each year. The restaurant operator earns $42.21 million in net income (profit) each year or $1.43 on an earnings per share basis. Ruth's Hospitality Group employs 5,740 workers across the globe.

The official website for Ruth's Hospitality Group is www.rhgi.com.

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]