NYSE:RBC - Regal Beloit Stock Price, Forecast & News

Regal Beloit trades on the New York Stock Exchange (NYSE) under the ticker symbol "RBC."

Regal Beloit announced a quarterly dividend on Saturday, January 25th. Stockholders of record on Friday, March 27th will be given a dividend of $0.30 per share on Thursday, April 9th. This represents a $1.20 annualized dividend and a dividend yield of 1.35%. The ex-dividend date of this dividend is Thursday, March 26th. View Regal Beloit's Dividend History.

Regal Beloit Corp (NYSE:RBC) posted its quarterly earnings data on Monday, February, 3rd. The industrial products company reported $1.25 EPS for the quarter, topping the Zacks' consensus estimate of $1.23 by $0.02. The industrial products company had revenue of $738.20 million for the quarter, compared to analysts' expectations of $736.53 million. Regal Beloit's quarterly revenue was down 16.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.41 earnings per share. View Regal Beloit's Earnings History.

Regal Beloit is scheduled to release their next quarterly earnings announcement on Monday, May 4th 2020. View Earnings Estimates for Regal Beloit.

Regal Beloit updated its FY20 earnings guidance on Monday, February, 3rd. The company provided EPS guidance of $5.65-6.05 for the period, compared to the Thomson Reuters consensus estimate of $5.77.

4 brokers have issued 1 year price objectives for Regal Beloit's stock. Their forecasts range from $80.00 to $93.00. On average, they expect Regal Beloit's share price to reach $88.50 in the next twelve months. This suggests that the stock has a possible downside of 0.6%. View Analyst Price Targets for Regal Beloit.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Regal Beloit in the last year. There are currently 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Regal Beloit.

Media coverage about RBC stock has been trending somewhat positive recently, InfoTrie reports. InfoTrie rates the sentiment of press coverage by reviewing 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 nearest to five being the most favorable. Regal Beloit earned a news impact score of 2.0 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 press coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for Regal Beloit.

Regal Beloit saw a decrease in short interest in January. As of January 15th, there was short interest totalling 898,800 shares, a decrease of 9.2% from the December 31st total of 989,800 shares. Based on an average daily trading volume, of 200,700 shares, the short-interest ratio is presently 4.5 days. Currently, 2.2% of the shares of the company are short sold. View Regal Beloit's Current Options Chain.

Some companies that are related to Regal Beloit include AMETEK (AME), Acuity Brands (AYI), American Superconductor (AMSC), Belden (BDC), Brady (BRC), Eaton (ETN), Emerson Electric (EMR), Encore Wire (WIRE), EnerSys (ENS), Enphase Energy (ENPH), Franklin Electric (FELE), FuelCell Energy (FCEL), Generac (GNRC), II-VI (IIVI) and LSI Industries (LYTS).

Based on aggregate information from My MarketBeat watchlists, some companies that other Regal Beloit investors own include 3M (MMM), Verizon Communications (VZ), Home Depot (HD), Exxon Mobil (XOM), W W Grainger (GWW), Altria Group (MO), Sherwin-Williams (SHW), AT&T (T), QUALCOMM (QCOM) and Walgreens Boots Alliance (WBA).

Regal Beloit's stock is owned by many different of institutional and retail investors. Top institutional investors include FMR LLC (8.85%), LSV Asset Management (3.93%), Franklin Resources Inc. (3.48%), Massachusetts Financial Services Co. MA (3.38%), AQR Capital Management LLC (2.84%) and State Street Corp (2.44%). Company insiders that own Regal Beloit stock include Christopher L Doerr, Henry W Knueppel, John Avampato, Jonathan J Schlemmer and Mark Joseph Gliebe. View Institutional Ownership Trends for Regal Beloit.

RBC stock was sold by a variety of institutional investors in the last quarter, including Cubist Systematic Strategies LLC, Renaissance Technologies LLC, LSV Asset Management, Prudential Financial Inc., Victory Capital Management Inc., Victory Capital Management Inc., Russell Investments Group Ltd. and Massachusetts Financial Services Co. MA. Company insiders that have sold Regal Beloit company stock in the last year include John Avampato, Jonathan J Schlemmer and Mark Joseph Gliebe. View Insider Buying and Selling for Regal Beloit.

RBC stock was purchased by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., AQR Capital Management LLC, Mesirow Financial Investment Management Equity Management, FMR LLC, Bank of New York Mellon Corp, Investment Counselors of Maryland LLC, First Trust Advisors LP and Marshall Wace LLP. View Insider Buying and Selling for Regal Beloit.

Shares of RBC 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 RBC stock can currently be purchased for approximately $89.04.