NYSE:GRC - Gorman-Rupp Stock Price, News & Analysis

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

Gorman-Rupp announced a quarterly dividend on Friday, July 26th. Investors of record on Thursday, August 15th will be given a dividend of $0.135 per share on Tuesday, September 10th. This represents a $0.54 annualized dividend and a yield of 1.58%. The ex-dividend date of this dividend is Wednesday, August 14th. View Gorman-Rupp's Dividend History.

Gorman-Rupp Co (NYSE:GRC) issued its earnings results on Friday, July, 26th. The industrial products company reported $0.40 earnings per share for the quarter, beating the consensus estimate of $0.37 by $0.03. The industrial products company had revenue of $108.30 million for the quarter, compared to the consensus estimate of $112.95 million. Gorman-Rupp had a return on equity of 13.12% and a net margin of 9.22%. The company's revenue for the quarter was down 3.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.39 earnings per share. View Gorman-Rupp's Earnings History.

Gorman-Rupp is scheduled to release their next quarterly earnings announcement on Friday, October 25th 2019. View Earnings Estimates for Gorman-Rupp.

Headlines about GRC stock have been trending negative on Wednesday, according to InfoTrie Sentiment. The research group ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Gorman-Rupp earned a daily sentiment score of -2.9 on InfoTrie's scale. They also assigned news stories about the industrial products company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the next several days. View News Stories for Gorman-Rupp.

Gorman-Rupp saw a increase in short interest in the month of August. As of August 31st, there was short interest totalling 134,500 shares, an increase of 15.5% from the July 31st total of 116,400 shares. Based on an average daily trading volume, of 42,200 shares, the short-interest ratio is presently 3.2 days. Approximately 0.8% of the shares of the stock are sold short. View Gorman-Rupp's Current Options Chain.

Some companies that are related to Gorman-Rupp include Xylem (XYL), IDEX (IEX), Graco (GGG), Flowserve (FLS), ITT (ITT), Colfax (CFX) and Ampco-Pittsburgh (AP).

Based on aggregate information from My MarketBeat watchlists, some companies that other Gorman-Rupp investors own include The Coca-Cola (KO), Systemax (SYX), UnitedHealth Group (UNH), Amgen (AMGN), Carrizo Oil & Gas (CRZO), Bank of America (BAC), PulteGroup (PHM), Deutsche Post (DPW), GEA Group Aktiengesellschaft (G1A) and Essentra (ESNT).

Gorman-Rupp's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (6.78%), Amundi Pioneer Asset Management Inc. (5.49%), BlackRock Inc. (4.90%), Gabelli Funds LLC (3.55%), Gamco Investors INC. ET AL (2.22%) and Grace & White Inc. NY (1.12%). Company insiders that own Gorman-Rupp stock include Angela M Morehead, Christopher H Lake, James Kerr and Ronald D Pittenger. View Institutional Ownership Trends for Gorman-Rupp.

GRC stock was sold by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Gabelli Funds LLC, Prudential Financial Inc., GSA Capital Partners LLP, JPMorgan Chase & Co., Panagora Asset Management Inc., Acadian Asset Management LLC and Victory Capital Management Inc.. View Insider Buying and Selling for Gorman-Rupp.

GRC stock was bought by a variety of institutional investors in the last quarter, including Heartland Advisors Inc., Nuveen Asset Management LLC, Renaissance Technologies LLC, AQR Capital Management LLC, BlackRock Inc., Grantham Mayo Van Otterloo & Co. LLC, Royal Bank of Canada and Zebra Capital Management LLC. Company insiders that have bought Gorman-Rupp stock in the last two years include Angela M Morehead, James Kerr and Ronald D Pittenger. View Insider Buying and Selling for 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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of GRC stock can currently be purchased for approximately $34.08.

Gorman-Rupp has a market capitalization of $890.51 million and generates $414.33 million in revenue each year. Gorman-Rupp employs 1,200 workers across the globe.View Additional Information About Gorman-Rupp.

The official website for Gorman-Rupp is http://www.gormanrupp.com/.

Gorman-Rupp's mailing address is 600 SOUTH AIRPORT ROAD, MANSFIELD OH, 44903. The industrial products company can be reached via phone at 419-755-1011 or via email at [email protected]