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 Wall Street analysts have issued 1 year price objectives for Ruth's Hospitality Group's shares. Their RUTH share price forecasts range from $20.00 to $25.00. On average, they predict the company's stock price to reach $22.50 in the next year. This suggests a possible upside of 32.0% 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 at the start of the year. Since then, RUTH stock has increased by 10.1% and is now trading at $17.05.
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Ruth's Hospitality Group saw a decrease in short interest in the month of January. As of January 15th, there was short interest totaling 1,070,000 shares, a decrease of 28.2% from the December 31st total of 1,490,000 shares. Based on an average daily volume of 396,200 shares, the days-to-cover ratio is currently 2.7 days. Approximately 3.4% of the shares of the company are short sold.
View Ruth's Hospitality Group's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 23rd 2023.
View our RUTH earnings forecast.

Ruth's Hospitality Group, Inc. (NASDAQ:RUTH) issued its quarterly earnings results on Friday, November, 4th. The restaurant operator reported $0.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by $0.02. The restaurant operator had revenue of $112.74 million for the quarter, compared to the consensus estimate of $111.30 million. Ruth's Hospitality Group had a net margin of 8.10% and a trailing twelve-month return on equity of 30.24%.

Ruth's Hospitality Group declared a quarterly dividend on Friday, November 4th. Stockholders of record on Friday, November 18th will be paid a dividend of $0.14 per share on Friday, December 2nd. This represents a $0.56 annualized dividend and a yield of 3.28%. The ex-dividend date is Thursday, November 17th.
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 3.22%. The dividend payout ratio is 47.46%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RUTH will have a dividend payout ratio of 47.46% 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 Phocas Financial Corp. (0.84%), Congress Asset Management Co. MA (0.45%), New York State Teachers Retirement System (0.21%), New York State Common Retirement Fund (0.18%), True Signal LP (0.07%) and Yousif Capital Management LLC (0.05%). Insiders that own company stock include Michael P Odonnell and Susan Mirdamadi.
View institutional ownership trends.

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 $17.05.

Ruth's Hospitality Group (NASDAQ:RUTH) has a market capitalization of $566.06 million and generates $429.12 million in revenue each year. The restaurant operator earns $42.28 million in net income (profit) each year or $1.18 on an earnings per share basis.

The company employs 4,527 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.