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S&P 500   3,825.33
DOW   31,097.26
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S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
NYSE:GRC

Gorman-Rupp Stock Forecast, Price & News

$28.45
+0.15 (+0.53%)
(As of 07/1/2022 12:00 AM ET)
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Today's Range
$27.71
$28.54
50-Day Range
$27.60
$34.66
52-Week Range
$27.45
$47.12
Volume
52,838 shs
Average Volume
75,193 shs
Market Capitalization
$741.95 million
P/E Ratio
24.74
Dividend Yield
2.40%
Price Target
$46.00

Gorman-Rupp Stock Forecast (MarketRank)

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
61.7% Upside
$46.00 Price Target
Short Interest
Bearish
1.93% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.17mentions 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 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.

2.18 out of 5 stars

Industrial Products Sector

90th out of 255 stocks

Pumps & Pumping Equipment Industry

5th out of 8 stocks

30 days | 90 days | 365 days | Advanced Chart

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Gorman-Rupp logo

About Gorman-Rupp (NYSE:GRC)

The Gorman-Rupp Company designs, manufactures, and sells pumps and pump systems in the United States and internationally. The company's products include self-priming centrifugal, standard centrifugal, magnetic drive centrifugal, axial and mixed flow, vertical turbine line shaft, submersible, high pressure booster, rotary gear, diaphragm, bellows, and oscillating pumps. Its products are used in water, wastewater, construction, dewatering, industrial, petroleum, original equipment, agriculture, fire protection, military, and other liquid-handling applications, as well as in heating, ventilating, and air conditioning applications. The company markets its products through a network of distributors, manufacturers' representatives, third-party distributor catalogs, direct sales, and commerce. The Gorman-Rupp Company was founded in 1933 and is headquartered in Mansfield, Ohio.

GRC Stock News Headlines

Gorman-Rupp (NYSE:GRC) Downgraded by StockNews.com to Buy
Gorman-Rupp (NYSE:GRC) Downgraded by TheStreet
Is Gorman-Rupp a Good Dividend Stock to Own?
Gorman-Rupp declares $0.17 dividend
Where Do Hedge Funds Stand On HCI Group Inc (HCI)?
Return Trends At Gorman-Rupp (NYSE:GRC) Aren't Appealing
See More Headlines

Industry, Sector and Symbol

Industry
Pumps & pumping equipment
Sub-Industry
Industrial Machinery
CUSIP
38308210
Employees
1,150
Year Founded
N/A

Company Calendar

Last Earnings
4/27/2022
Ex-Dividend for 6/10 Dividend
5/12/2022
Dividend Payable
6/10/2022
Today
7/02/2022
Next Earnings (Estimated)
7/22/2022
Fiscal Year End
12/31/2022

Price Target and Rating

Average Stock Price Forecast
$46.00
High Stock Price Forecast
$46.00
Low Stock Price Forecast
$46.00
Forecasted Upside/Downside
+61.7%
Consensus Rating
Buy
Rating Score (0-4)
3
Research Coverage
1 Analysts

Profitability

Net Income
$29.85 million
Pretax Margin
9.57%

Debt

Sales & Book Value

Annual Sales
$378.32 million
Cash Flow
$1.65 per share
Book Value
$12.63 per share

Miscellaneous

Free Float
24,201,000
Market Cap
$741.95 million
Optionable
Optionable
Beta
0.63














Gorman-Rupp Frequently Asked Questions

Should I buy or sell Gorman-Rupp stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Gorman-Rupp in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Gorman-Rupp stock.
View analyst ratings for Gorman-Rupp
or view top-rated stocks.

What is Gorman-Rupp's stock price forecast for 2022?

1 equities research analysts have issued 12 month price objectives for Gorman-Rupp's shares. Their GRC stock forecasts range from $46.00 to $46.00. On average, they expect Gorman-Rupp's share price to reach $46.00 in the next twelve months. This suggests a possible upside of 61.7% from the stock's current price.
View analysts' price targets for Gorman-Rupp
or view top-rated stocks among Wall Street analysts.

How has Gorman-Rupp's stock performed in 2022?

Gorman-Rupp's stock was trading at $44.55 at the beginning of the year. Since then, GRC stock has decreased by 36.1% and is now trading at $28.45.
View the best growth stocks for 2022 here
.

When is Gorman-Rupp's next earnings date?

Gorman-Rupp is scheduled to release its next quarterly earnings announcement on Friday, July 22nd 2022.
View our earnings forecast for Gorman-Rupp
.

How were Gorman-Rupp's earnings last quarter?

The Gorman-Rupp Company (NYSE:GRC) issued its earnings results on Wednesday, April, 27th. The industrial products company reported $0.34 earnings per share for the quarter. The industrial products company had revenue of $102.17 million for the quarter. Gorman-Rupp had a trailing twelve-month return on equity of 9.97% and a net margin of 7.65%.
View Gorman-Rupp's earnings history
.

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

Gorman-Rupp announced a quarterly dividend on Monday, May 2nd. Investors of record on Friday, May 13th will be paid a dividend of $0.17 per share on Friday, June 10th. This represents a $0.68 annualized dividend and a yield of 2.39%. The ex-dividend date of this dividend is Thursday, May 12th.
View Gorman-Rupp's dividend history
.

Is Gorman-Rupp a good dividend stock?

Gorman-Rupp(NYSE:GRC) pays an annual dividend of $0.68 per share and currently has a dividend yield of 2.40%. Gorman-Rupp 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 of Gorman-Rupp is 59.13%. This payout ratio is at a healthy, sustainable level, below 75%.
View Gorman-Rupp's dividend history.

Who are Gorman-Rupp's key executives?

Gorman-Rupp's management team includes the following people:
  • Mr. Jeffrey S. Gorman, Exec. Chairman (Age 69, Pay $703.04k)
  • Mr. Scott A. King, Pres, CEO & Director (Age 47, Pay $569.7k)
  • Mr. James C. Kerr, Exec. VP & CFO (Age 60, Pay $523.49k)
  • Ms. Brigette A. Burnell J.D., Exec. VP, Gen. Counsel & Corp. Sec. (Age 46, Pay $451.86k)
  • Ms. Barbara A. Woodman, VP of HR
  • Ms. Angela M. Morehead, Treasurer & Assistant Sec.

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

6 employees have rated Gorman-Rupp CEO Jeffrey S. Gorman on Glassdoor.com. Jeffrey S. Gorman has an approval rating of 100% among Gorman-Rupp'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."

How do I buy shares of Gorman-Rupp?

Shares of GRC 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 $28.45.

How much money does Gorman-Rupp make?

Gorman-Rupp (NYSE:GRC) has a market capitalization of $741.95 million and generates $378.32 million in revenue each year. The industrial products company earns $29.85 million in net income (profit) each year or $1.149990 on an earnings per share basis.

How many employees does Gorman-Rupp have?

Gorman-Rupp employs 1,150 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 Gorman-Rupp 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 7/3/2022 by MarketBeat.com Staff

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