Sturm, Ruger & Company, Inc. - RGR Stock Forecast, Price & News

Sturm, Ruger & Company, Inc., together with its subsidiaries, designs, manufactures, and sells firearms under the Ruger name and trademark in the United States. It operates through two segments, Firearms and Castings. The company provides single-shot, autoloading, bolt-action, and sporting rifles; rimfire and centerfire autoloading pistols; single-action and double-action revolvers; and firearms accessories and replacement parts, as well as manufactures lever-action rifles under the Marlin name and trademark. The company also manufactures and sells steel investment castings and metal injection molding (MIM) parts. It sells its firearm products through independent wholesale distributors principally to the commercial sporting market; and castings and MIM parts directly or through manufacturers' representatives. The company also exports its firearm products through a network of commercial distributors and directly to foreign customers comprising primarily of law enforcement agencies and foreign governments. Sturm, Ruger & Company, Inc. was founded in 1949 and is based in Southport, Connecticut.

Sturm, Ruger & Company, Inc. Trading Down 0.7 %

Shares of NYSE:RGR traded down $0.39 during midday trading on Tuesday, hitting $58.70. The company's stock had a trading volume of 106,282 shares, compared to its average volume of 149,029. The firm has a market capitalization of $1.04 billion, a price-to-earnings ratio of 8.38 and a beta of 0.44. The stock has a fifty day moving average price of $63.25 and a 200 day moving average price of $66.94. Sturm, Ruger & Company, Inc. has a one year low of $56.75 and a one year high of $81.72.

Sturm, Ruger & Company, Inc. Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, August 31st. Shareholders of record on Wednesday, August 17th will be given a dividend of $0.47 per share. This represents a $1.88 annualized dividend and a dividend yield of 3.20%. Sturm, Ruger & Company, Inc.'s dividend payout ratio is currently 38.91%.

Analyst Ratings Changes

Separately, StockNews.com upgraded Sturm, Ruger & Company, Inc. from a "hold" rating to a "buy" rating in a research note on Wednesday, May 18th.

Insider Transactions at Sturm, Ruger & Company, Inc.

In related news, VP Michael W. Wilson sold 2,530 shares of the business's stock in a transaction on Monday, July 25th. The stock was sold at an average price of $63.28, for a total transaction of $160,098.40. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In related news, VP Michael W. Wilson sold 2,530 shares of the company's stock in a transaction that occurred on Monday, July 25th. The shares were sold at an average price of $63.28, for a total transaction of $160,098.40. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, VP Shawn Christopher Leska sold 3,000 shares of the company's stock in a transaction that occurred on Monday, July 18th. The stock was sold at an average price of $63.05, for a total transaction of $189,150.00. Following the sale, the vice president now directly owns 3,023 shares in the company, valued at approximately $190,600.15. The disclosure for this sale can be found here. Insiders sold 6,495 shares of company stock valued at $409,339 over the last three months. Company insiders own 2.90% of the company's stock.