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

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ruth's Hospitality Group in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" RUTH shares.
View RUTH analyst ratings or view top-rated stocks.

2 equities research analysts have issued 1-year price objectives for Ruth's Hospitality Group's stock. Their RUTH share price forecasts range from $20.00 to $25.00. On average, they anticipate the company's share price to reach $22.50 in the next twelve months. This suggests a possible upside of 38.3% from the stock's current price.
View analysts price targets for RUTH or view top-rated stocks among Wall Street analysts.

Ruth's Hospitality Group's stock was trading at $15.48 on January 1st, 2023. Since then, RUTH shares have increased by 5.1% and is now trading at $16.27.
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The company is scheduled to release its next quarterly earnings announcement on Friday, May 5th 2023.
View our RUTH earnings forecast.

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, topping analysts' consensus estimates of $0.12 by $0.08. The restaurant operator earned $104.19 million during the quarter, compared to analysts' expectations of $104.46 million. Ruth's Hospitality Group had a net margin of 7.63% and a trailing twelve-month return on equity of 31.16%. During the same quarter in the previous year, the firm earned ($0.04) earnings per share.

Ruth's Hospitality Group announced a quarterly dividend on Wednesday, February 8th. Shareholders of record on Friday, March 10th will be given a dividend of $0.16 per share on Friday, March 24th. This represents a $0.64 annualized dividend and a dividend yield of 3.93%. The ex-dividend date is Thursday, March 9th. This is an increase from the stock's previous quarterly dividend of $0.14.
Read our dividend analysis for RUTH.

ETFs with the largest weight of Ruth's Hospitality Group (NASDAQ:RUTH) stock in their portfolio include First Trust Dow Jones Select Microcap Index Fund (FDM), Invesco S&P SmallCap Consumer Discretionary ETF (PSCD), AdvisorShares Dorsey Wright Micro-Cap ETF (DWMC), Invesco S&P SmallCap Quality ETF (XSHQ), WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS) and Principal U.S. Small-Cap Adaptive Multi-Factor ETF (PLTL),

Ruth's Hospitality Group (NASDAQ:RUTH) pays an annual dividend of $0.64 per share and currently has a dividend yield of 3.97%. RUTH has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 55.17%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RUTH will have a dividend payout ratio of 50.00% 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 many different institutional and retail investors. Top institutional shareholders include T. Rowe Price Investment Management Inc. (4.97%), Dimensional Fund Advisors LP (3.05%), Millennium Management LLC (2.97%), Cardinal Capital Management LLC CT (2.45%), Geode Capital Management LLC (1.74%) and Phocas Financial Corp. (0.84%). 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 $16.27.

Ruth's Hospitality Group (NASDAQ:RUTH) has a market capitalization of $520.64 million and generates $505.86 million in revenue each year. The restaurant operator earns $38.62 million in net income (profit) each year or $1.16 on an earnings per share basis.

The company employs 4,768 workers across the globe.

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.