NYSE:GRCGorman-Rupp Stock Price, Forecast & News

Gorman-Rupp's stock was trading at $29.63 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, GRC stock has increased by 0.7% and is now trading at $29.85. View which stocks have been most impacted by Coronavirus.

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

Gorman-Rupp is scheduled to release its next quarterly earnings announcement on Friday, July 24th 2020. View our earnings forecast for Gorman-Rupp.

Gorman-Rupp Co (NYSE:GRC) issued its quarterly earnings results on Thursday, April, 23rd. The industrial products company reported $0.21 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.34 by $0.13. The industrial products company earned $91.67 million during the quarter. Gorman-Rupp had a return on equity of 10.72% and a net margin of 8.67%. View Gorman-Rupp's earnings history.

Gorman-Rupp declared a quarterly dividend on Monday, April 27th. Investors of record on Friday, May 15th will be paid a dividend of $0.145 per share on Wednesday, June 10th. This represents a $0.58 annualized dividend and a dividend yield of 1.94%. The ex-dividend date of this dividend is Thursday, May 14th. View Gorman-Rupp's dividend history.

1 brokerages have issued 12 month price targets for Gorman-Rupp's stock. Their forecasts range from $41.00 to $41.00. On average, they anticipate Gorman-Rupp's share price to reach $41.00 in the next year. This suggests a possible upside of 37.4% from the stock's current price. View analysts' price targets for Gorman-Rupp.

News stories about GRC stock have been trending extremely negative on Wednesday, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Gorman-Rupp earned a media sentiment score of -4.3 on InfoTrie's scale. They also gave press coverage about the industrial products company a news buzz of 3.0 out of 10, indicating that recent media coverage is unlikely to have an effect on the stock's share price in the next few days. View the latest news about Gorman-Rupp.

Some companies that are related to Gorman-Rupp include Illinois Tool Works (ITW), Stanley Black & Decker (SWK), Parker-Hannifin (PH), Dover (DOV), Xylem (XYL), Ingersoll-Rand (IR), IDEX (IEX), Nordson (NDSN), Graco (GGG), Snap-on (SNA), Pentair (PNR), Gardner Denver (GDI), Donaldson (DCI), Lincoln Electric (LECO) and ITT (ITT). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Gorman-Rupp investors own include Pfizer (PFE), UnitedHealth Group (UNH), AbbVie (ABBV), Amgen (AMGN), IBM (IBM), Coca-Cola (KO), Walgreens Boots Alliance (WBA), Exxon Mobil (XOM), Bank of America (BAC) and Franklin Resources (BEN).

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

Gorman-Rupp's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Fruth Investment Management (0.26%). Company insiders that own Gorman-Rupp stock include Angela M Morehead, Christopher H Lake 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 Fruth Investment Management. View insider buying and selling activity 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 $29.85.

Gorman-Rupp has a market capitalization of $778.82 million and generates $398.18 million in revenue each year. Gorman-Rupp employs 1,200 workers across the globe.

The official website for Gorman-Rupp is 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]