NYSE:GRC Gorman-Rupp (GRC) Stock Forecast, Price & News $24.89 +0.22 (+0.89%) (As of 05/26/2023 07:00 PM ET) Add Compare Share Share Today's Range$24.54▼$25.0850-Day Range$23.45▼$25.7652-Week Range$22.67▼$31.04Volume33,100 shsAverage Volume60,508 shsMarket Capitalization$651.62 millionP/E Ratio63.82Dividend Yield2.81%Price TargetN/A ProfileProfileChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Gorman-Rupp MarketRank™ ForecastAnalyst RatingN/AUpside/DownsideN/AShort InterestHealthy0.89% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment1.25Based on 3 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details 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 starsIndustrial Products Sector123rd out of 178 stocksPumps & Pumping Equipment Industry6th out of 7 stocks N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for Gorman-Rupp. Previous Next 4.0 Short Interest Percentage of Shares Shorted0.89% of the float of Gorman-Rupp has been sold short.Short Interest Ratio / Days to CoverGorman-Rupp has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Gorman-Rupp has recently decreased by 1.03%, indicating that investor sentiment is improving. Previous Next 2.5 Dividend Strength Dividend YieldGorman-Rupp pays a meaningful dividend of 2.81%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthGorman-Rupp has been increasing its dividend for 16 years.Dividend CoverageThe dividend payout ratio of Gorman-Rupp is 179.49%. Payout ratios above 75% are not desirable because they may not be sustainable. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for GRC. Previous Next 3.5 News and Social Media Coverage News SentimentGorman-Rupp has a news sentiment score of 1.25. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.71 average news sentiment score of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Gorman-Rupp this week, compared to 1 article on an average week.Search InterestOnly 4 people have searched for GRC on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.MarketBeat Follows1 people have added Gorman-Rupp to their MarketBeat watchlist in the last 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Gorman-Rupp insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 7.20% of the stock of Gorman-Rupp is held by insiders.Percentage Held by Institutions59.79% of the stock of Gorman-Rupp is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Gorman-Rupp is 63.82, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.40.Price to Earnings Ratio vs. SectorThe P/E ratio of Gorman-Rupp is 63.82, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 16.96.Price to Book Value per Share RatioGorman-Rupp has a P/B Ratio of 1.96. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Gorman-Rupp (NYSE:GRC) StockThe 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.Read More Receive GRC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Gorman-Rupp and its competitors with MarketBeat's FREE daily newsletter. Email Address GRC Stock News HeadlinesMay 23, 2023 | finance.yahoo.comShareholders in Gorman-Rupp (NYSE:GRC) are in the red if they invested five years agoMay 19, 2023 | americanbankingnews.comGorman-Rupp (NYSE:GRC) Now Covered by Analysts at StockNews.comMay 30, 2023 | Edge On The Street (Ad)How to Invest in AI's Fast-Growing MarketThe 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.May 18, 2023 | seekingalpha.comThe Gorman-Rupp Company: Primed For GrowthMay 11, 2023 | americanbankingnews.comThe Gorman-Rupp Company (NYSE:GRC) Announces Quarterly Dividend of $0.18May 7, 2023 | finance.yahoo.comIt Might Not Be A Great Idea To Buy The Gorman-Rupp Company (NYSE:GRC) For Its Next DividendMay 1, 2023 | finance.yahoo.comGorman-Rupp (NYSE:GRC) Has Affirmed Its Dividend Of $0.175May 1, 2023 | msn.comGorman-Rupp (GRC) Declares $0.18 DividendMay 30, 2023 | Edge On The Street (Ad)How to Invest in AI's Fast-Growing MarketThe 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.April 29, 2023 | news.yahoo.comBusiness briefs: Gorman-Rupp financials, May economic forum, Phoenix Brewing anniversaryApril 28, 2023 | finance.yahoo.comGorman-Rupp Announces Charmaine R. Riggins Elected as New DirectorApril 27, 2023 | msn.comGorman-Rupp Non-GAAP EPS of $0.27 beats by $0.07, revenue of $160.5M beats by $3.12MApril 27, 2023 | finance.yahoo.comGorman-Rupp Reports First Quarter 2023 Financial ResultsApril 8, 2023 | health.usnews.comDr. Mark C. GormanApril 5, 2023 | reuters.comSteve GormanMarch 15, 2023 | finance.yahoo.comInsiders who purchased this year lose US$24k as The Gorman-Rupp Company (NYSE:GRC) stock drops to US$24.22February 18, 2023 | seekingalpha.comThe Gorman-Rupp Company: Shares Need To Fall Further To Justify ActionFebruary 9, 2023 | finance.yahoo.comDon't Buy The Gorman-Rupp Company (NYSE:GRC) For Its Next Dividend Without Doing These ChecksFebruary 3, 2023 | finance.yahoo.comGorman-Rupp Reports Fourth Quarter and Full-Year 2022 Financial ResultsJanuary 30, 2023 | finance.yahoo.comGorman-Rupp (NYSE:GRC) Will Pay A Dividend Of $0.175January 27, 2023 | msn.comGorman-Rupp declares $0.175 dividendJanuary 27, 2023 | finance.yahoo.comGorman-Rupp Company Declares Cash Dividend, Announces Date of the Annual Meeting of Shareholders, and Announces Board of Director ChangeJanuary 24, 2023 | markets.businessinsider.comElon Musk is 'one of the great entrepreneurs' of the last 100 years, says Morgan Stanley's CEODecember 22, 2022 | benzinga.comLooking Into Gorman-Rupp's Return On Invested CapitalDecember 11, 2022 | finance.yahoo.comCan The Gorman-Rupp Company (NYSE:GRC) Improve Its Returns?November 24, 2022 | finance.yahoo.comGorman-Rupp (NYSE:GRC) shareholders have endured a 37% loss from investing in the stock a year agoNovember 14, 2022 | finance.yahoo.comDividend Kings List by Yield: Top 25 StocksSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive GRC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Gorman-Rupp and its competitors with MarketBeat's FREE daily newsletter. Email Address GRC Company Calendar Last Earnings10/28/2021Ex-Dividend for 3/10 Dividend2/14/2023Dividend Payable3/10/2023Ex-Dividend for 6/9 Dividend5/12/2023Today5/29/2023Dividend Payable6/09/2023Next Earnings (Estimated)8/04/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Pumps & pumping equipment Sub-IndustryIndustrial Machinery SectorIndustrial Products Current SymbolNYSE:GRC CUSIP38308210 CIK42682 Webwww.gormanrupp.com Phone(419) 755-1011Fax419-755-1263Employees1,420Year FoundedN/AProfitability EPS (Most Recent Fiscal Year)$0.39 Trailing P/E Ratio63.82 Forward P/E RatioN/A P/E GrowthN/ANet Income$11.19 million Net Margins1.76% Pretax Margin2.21% Return on Equity6.96% Return on Assets2.62% Debt Debt-to-Equity Ratio1.26 Current Ratio2.49 Quick Ratio1.27 Sales & Book Value Annual Sales$521.03 million Price / Sales1.25 Cash Flow$1.81 per share Price / Cash Flow13.72 Book Value$12.69 per share Price / Book1.96Miscellaneous Outstanding Shares26,180,000Free Float24,293,000Market Cap$651.62 million OptionableOptionable Beta0.80 Key ExecutivesScott A. KingPresident, Chief Executive Officer, COO & DirectorJames C. KerrChief Financial Officer & Executive Vice PresidentPatrick WischmeierVice President-Information TechnologyBrigette A. BurnellSecretary, Executive VP & General CounselAngela M. MoreheadTreasurer & Assistant SecretaryKey CompetitorsDigimarcNASDAQ:DMRCPowell IndustriesNASDAQ:POWLTitan InternationalNYSE:TWIInsteel IndustriesNASDAQ:IIINScanSourceNASDAQ:SCSCView All CompetitorsInsiders & InstitutionsAmeriprise Financial Inc.Sold 7,584 shares on 5/22/2023Ownership: 0.819%JPMorgan Chase & Co.Bought 3,072 shares on 5/18/2023Ownership: 0.117%New York State Common Retirement FundSold 4,399 shares on 5/18/2023Ownership: 0.046%Geode Capital Management LLCSold 1,647 shares on 5/16/2023Ownership: 1.781%AQR Capital Management LLCSold 1,724 shares on 5/16/2023Ownership: 0.031%View All Insider TransactionsView All Institutional Transactions 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 Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding The Gorman-Rupp Company Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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