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S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
10 Ways Entrepreneurs Can Navigate a Down Economy
How to Invest in AI's Fast-Growing Market (Ad)
Get the Most Out of Remote Meetings and Avoid Meeting Burn Out
A Woman Co-founder's Guide to Empowering Women in the Workplace and Advocating for Gender Equality
The Largest Ever Technology Wave Is Coming! (Ad)
Open vs. Anonymous Employee Feedback — Which is Better?
South African president appoints judge to oversee weapons-for-Russia inquiry
The Largest Ever Technology Wave Is Coming! (Ad)
3 Cheap (and Tax-Free) Dividends That Love Debt-Ceiling Drama
Poland imposes sanctions on 365 Belarusians over 'draconian' verdict against journalist
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
10 Ways Entrepreneurs Can Navigate a Down Economy
How to Invest in AI's Fast-Growing Market (Ad)
Get the Most Out of Remote Meetings and Avoid Meeting Burn Out
A Woman Co-founder's Guide to Empowering Women in the Workplace and Advocating for Gender Equality
The Largest Ever Technology Wave Is Coming! (Ad)
Open vs. Anonymous Employee Feedback — Which is Better?
South African president appoints judge to oversee weapons-for-Russia inquiry
The Largest Ever Technology Wave Is Coming! (Ad)
3 Cheap (and Tax-Free) Dividends That Love Debt-Ceiling Drama
Poland imposes sanctions on 365 Belarusians over 'draconian' verdict against journalist
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
10 Ways Entrepreneurs Can Navigate a Down Economy
How to Invest in AI's Fast-Growing Market (Ad)
Get the Most Out of Remote Meetings and Avoid Meeting Burn Out
A Woman Co-founder's Guide to Empowering Women in the Workplace and Advocating for Gender Equality
The Largest Ever Technology Wave Is Coming! (Ad)
Open vs. Anonymous Employee Feedback — Which is Better?
South African president appoints judge to oversee weapons-for-Russia inquiry
The Largest Ever Technology Wave Is Coming! (Ad)
3 Cheap (and Tax-Free) Dividends That Love Debt-Ceiling Drama
Poland imposes sanctions on 365 Belarusians over 'draconian' verdict against journalist
NYSE:GRC

Gorman-Rupp (GRC) Stock Forecast, Price & News

$24.89
+0.22 (+0.89%)
(As of 05/26/2023 07:00 PM ET)
Compare
Today's Range
$24.54
$25.08
50-Day Range
$23.45
$25.76
52-Week Range
$22.67
$31.04
Volume
33,100 shs
Average Volume
60,508 shs
Market Capitalization
$651.62 million
P/E Ratio
63.82
Dividend Yield
2.81%
Price Target
N/A

Gorman-Rupp MarketRank™ Forecast

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
0.89% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
1.25mentions of Gorman-Rupp in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.01 out of 5 stars

Industrial Products Sector

123rd out of 178 stocks

Pumps & Pumping Equipment Industry

6th out of 7 stocks


GRC stock logo

About Gorman-Rupp (NYSE:GRC) Stock

The Gorman-Rupp Co. engages in the design, manufacture, and global marketing of pumps and pump systems. Its pump models include self-priming centrifugal, standard centrifugal, submersible, rotary gear, diaphragm, engine-driven, and priming assist pumps as well as packaged pump stations. The firm offers its products to fire protection, municipal, industrial, agriculture, construction, petroleum, and original equipment manufacturer. The company was founded by J. C. Gorman and Herbert E. Rupp in 1933 and is headquartered in Mansfield, OH.

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GRC Stock News Headlines

How to Invest in AI's Fast-Growing Market
The AI market stands at $160 billion in 2023. Estimates are the AI market will grow 20-fold to $1.8 TRILLION by 2030. One little-known company is looking to win big with a new network technology no one else has. AI could explode... and soon.
The Gorman-Rupp Company: Primed For Growth
How to Invest in AI's Fast-Growing Market
The AI market stands at $160 billion in 2023. Estimates are the AI market will grow 20-fold to $1.8 TRILLION by 2030. One little-known company is looking to win big with a new network technology no one else has. AI could explode... and soon.
Dr. Mark C. Gorman
Steve Gorman
Gorman-Rupp (NYSE:GRC) Will Pay A Dividend Of $0.175
Gorman-Rupp declares $0.175 dividend
Dividend Kings List by Yield: Top 25 Stocks
See More Headlines
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GRC Company Calendar

Last Earnings
10/28/2021
Ex-Dividend for 3/10 Dividend
2/14/2023
Dividend Payable
3/10/2023
Ex-Dividend for 6/9 Dividend
5/12/2023
Today
5/29/2023
Dividend Payable
6/09/2023
Next Earnings (Estimated)
8/04/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Pumps & pumping equipment
Sub-Industry
Industrial Machinery
CUSIP
38308210
Employees
1,420
Year Founded
N/A

Profitability

Net Income
$11.19 million
Pretax Margin
2.21%

Debt

Sales & Book Value

Annual Sales
$521.03 million
Cash Flow
$1.81 per share
Book Value
$12.69 per share

Miscellaneous

Free Float
24,293,000
Market Cap
$651.62 million
Optionable
Optionable
Beta
0.80

Key Executives

  • Scott A. King
    President, Chief Executive Officer, COO & Director
  • James C. Kerr
    Chief Financial Officer & Executive Vice President
  • Patrick Wischmeier
    Vice President-Information Technology
  • Brigette A. Burnell
    Secretary, Executive VP & General Counsel
  • Angela M. Morehead
    Treasurer & Assistant Secretary













GRC Stock - Frequently Asked Questions

How have GRC shares performed in 2023?

Gorman-Rupp's stock was trading at $25.62 at the beginning of 2023. Since then, GRC shares have decreased by 2.8% and is now trading at $24.89.
View the best growth stocks for 2023 here
.

Are investors shorting Gorman-Rupp?

Gorman-Rupp saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 204,700 shares, an increase of 10.4% from the April 15th total of 185,500 shares. Based on an average daily volume of 62,000 shares, the short-interest ratio is currently 3.3 days. Currently, 0.9% of the company's shares are short sold.
View Gorman-Rupp's Short Interest
.

When is Gorman-Rupp's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, August 4th 2023.
View our GRC earnings forecast
.

How were Gorman-Rupp's earnings last quarter?

The Gorman-Rupp Company (NYSE:GRC) posted its quarterly earnings data on Thursday, October, 28th. The industrial products company reported $0.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.34 by $0.01. The industrial products company had revenue of $102.11 million for the quarter. Gorman-Rupp had a trailing twelve-month return on equity of 6.96% and a net margin of 1.76%.

How often does Gorman-Rupp pay dividends? What is the dividend yield for Gorman-Rupp?

Gorman-Rupp declared a quarterly dividend on Friday, April 28th. Investors of record on Monday, May 15th will be paid a dividend of $0.175 per share on Friday, June 9th. This represents a $0.70 annualized dividend and a yield of 2.81%. The ex-dividend date is Friday, May 12th.
Read our dividend analysis for GRC
.

What ETFs hold Gorman-Rupp's stock?

ETFs with the largest weight of Gorman-Rupp (NYSE:GRC) stock in their portfolio include SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV), Global X U.S. Infrastructure Development ETF (PAVE), Invesco Water Resources ETF (PHO),

Is Gorman-Rupp a good dividend stock?

Gorman-Rupp (NYSE:GRC) pays an annual dividend of $0.70 per share and currently has a dividend yield of 2.81%. The company has been increasing its dividend for 16 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 179.49%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for GRC.

What is Jeffrey S. Gorman's approval rating as Gorman-Rupp's CEO?

6 employees have rated Gorman-Rupp Chief Executive Officer Jeffrey S. Gorman on Glassdoor.com. Jeffrey S. Gorman has an approval rating of 100% among the company's employees. This puts Jeffrey S. Gorman in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Gorman-Rupp own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Gorman-Rupp investors own include Cisco Systems (CSCO), Pfizer (PFE), AbbVie (ABBV), Gilead Sciences (GILD), Altria Group (MO), Tanger Factory Outlet Centers (SKT), AT&T (T), Verizon Communications (VZ), Amgen (AMGN) and Carnival Co. & (CCL).

What is Gorman-Rupp's stock symbol?

Gorman-Rupp trades on the New York Stock Exchange (NYSE) under the ticker symbol "GRC."

Who are Gorman-Rupp's major shareholders?

Gorman-Rupp's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (5.68%), Dimensional Fund Advisors LP (5.12%), Mechanics Financial Corp (3.95%), Gabelli Funds LLC (3.05%), Cooke & Bieler LP (2.08%) and Gamco Investors INC. ET AL (2.03%). Insiders that own company stock include Angela M Morehead, Christopher H Lake, Christopher H Lake, Jeffrey S Gorman, M Ann Harlan and Scott A King.
View institutional ownership trends
.

How do I buy shares of Gorman-Rupp?

Shares of GRC 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.
Compare Top Brokerages Here.

What is Gorman-Rupp's stock price today?

One share of GRC stock can currently be purchased for approximately $24.89.

How much money does Gorman-Rupp make?

Gorman-Rupp (NYSE:GRC) has a market capitalization of $651.62 million and generates $521.03 million in revenue each year. The industrial products company earns $11.19 million in net income (profit) each year or $0.39 on an earnings per share basis.

How many employees does Gorman-Rupp have?

The company employs 1,420 workers across the globe.

How can I contact Gorman-Rupp?

Gorman-Rupp's mailing address is 600 SOUTH AIRPORT ROAD, MANSFIELD OH, 44903. The official website for the company is www.gormanrupp.com. The industrial products company can be reached via phone at (419) 755-1011, via email at wlknabel@gormanrupp.com, or via fax at 419-755-1263.

This page (NYSE:GRC) was last updated on 5/30/2023 by MarketBeat.com Staff

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