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

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

Gorman-Rupp declared a quarterly dividend on Friday, October 25th. Investors of record on Friday, November 15th will be paid a dividend of $0.145 per share on Tuesday, December 10th. This represents a $0.58 dividend on an annualized basis and a yield of 1.54%. The ex-dividend date is Thursday, November 14th. This is a positive change from Gorman-Rupp's previous quarterly dividend of $0.14. View Gorman-Rupp's Dividend History.

Gorman-Rupp Co (NYSE:GRC) posted its earnings results on Friday, October, 25th. The industrial products company reported $0.33 EPS for the quarter, missing the Zacks' consensus estimate of $0.35 by $0.02. The industrial products company had revenue of $99.30 million for the quarter, compared to analysts' expectations of $101.86 million. Gorman-Rupp had a return on equity of 12.52% and a net margin of 9.07%. The company's revenue was down 3.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.41 earnings per share. View Gorman-Rupp's Earnings History.

Gorman-Rupp is scheduled to release their next quarterly earnings announcement on Friday, February 14th 2020. View Earnings Estimates for Gorman-Rupp.

1 brokerages have issued twelve-month price objectives for Gorman-Rupp's stock. Their forecasts range from $41.00 to $41.00. On average, they expect Gorman-Rupp's share price to reach $41.00 in the next twelve months. This suggests a possible upside of 8.9% from the stock's current price. View Analyst Price Targets for Gorman-Rupp.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gorman-Rupp in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Gorman-Rupp.

Headlines about GRC stock have trended somewhat negative on Monday, according to InfoTrie. The research group identifies negative and positive news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Gorman-Rupp earned a media sentiment score of -1.4 on InfoTrie's scale. They also gave media coverage about the industrial products company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for Gorman-Rupp.

Gorman-Rupp saw a increase in short interest in January. As of January 15th, there was short interest totalling 328,400 shares, an increase of 10.9% from the December 31st total of 296,200 shares. Based on an average daily trading volume, of 48,400 shares, the short-interest ratio is currently 6.8 days. Approximately 1.9% of the shares of the company are sold short. View Gorman-Rupp's Current Options Chain.

Some companies that are related to Gorman-Rupp include Illinois Tool Works (ITW), Ingersoll-Rand (IR), Parker-Hannifin (PH), Stanley Black & Decker (SWK), Dover (DOV), Xylem (XYL), IDEX (IEX), Nordson (NDSN), Snap-on (SNA), Graco (GGG), Pentair (PNR), Woodward, Inc.Common Stock (WWD), Gardner Denver (GDI), Donaldson (DCI) and Middleby (MIDD).

Based on aggregate information from My MarketBeat watchlists, some companies that other Gorman-Rupp investors own include Bank of America (BAC), IBM (IBM), Verizon Communications (VZ), Cisco Systems (CSCO), AbbVie (ABBV), Pfizer (PFE), Tanger Factory Outlet Centers (SKT), UnitedHealth Group (UNH), Exxon Mobil (XOM) and Advanced Micro Devices (AMD).

Gorman-Rupp's stock is owned by a number of of institutional and retail investors. Top institutional investors include Park National Corp OH (0.28%), Fruth Investment Management (0.25%), Nisa Investment Advisors LLC (0.05%) and IFP Advisors Inc (0.01%). 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 Park National Corp OH. View Insider Buying and Selling for Gorman-Rupp.

GRC stock was purchased by a variety of institutional investors in the last quarter, including Fruth Investment Management, Nisa Investment Advisors LLC and IFP Advisors Inc. 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 $37.66.

Gorman-Rupp has a market capitalization of $983.93 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]