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. Stockholders of record on Thursday, August 15th will be paid a dividend of $0.135 per share on Tuesday, September 10th. This represents a $0.54 annualized dividend and a dividend yield of 1.77%. The ex-dividend date of this dividend is Wednesday, August 14th. View Gorman-Rupp's Dividend History.

Gorman-Rupp Co (NYSE:GRC) released its quarterly earnings data on Friday, July, 26th. The industrial products company reported $0.40 EPS for the quarter, topping analysts' consensus estimates of $0.37 by $0.03. The industrial products company had revenue of $108.30 million for the quarter, compared to analyst estimates of $112.95 million. Gorman-Rupp had a net margin of 9.22% and a return on equity of 13.12%. Gorman-Rupp's revenue was down 3.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $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.

News stories about GRC stock have trended negative on Sunday, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Gorman-Rupp earned a news impact score of -2.3 on InfoTrie's scale. They also gave media stories 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 effect on the company's share price in the near term. View News Stories for Gorman-Rupp.

Gorman-Rupp saw a increase in short interest in the month of July. As of July 15th, there was short interest totalling 120,200 shares, an increase of 8.4% from the June 15th total of 110,900 shares. Based on an average daily volume of 44,600 shares, the days-to-cover ratio is currently 2.7 days. Currently, 0.7% of the shares of the stock are short sold. 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 number of of institutional and retail investors. Top institutional investors 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, Kenneth R Reynolds 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 purchased 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, Kenneth R Reynolds 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, Scottrade, Fidelity and Charles Schwab.

One share of GRC stock can currently be purchased for approximately $30.49.

Gorman-Rupp has a market capitalization of $796.70 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]