Rogers Corporation Company Profile (NYSE:ROG)

Rogers Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "ROG."

Rogers Corporation (NYSE:ROG) issued its quarterly earnings results on Monday, July, 31st. The company reported $1.33 EPS for the quarter, topping the Zacks' consensus estimate of $1.20 by $0.13. The business had revenue of $201.40 million for the quarter, compared to analyst estimates of $195.60 million. Rogers Corporation had a return on equity of 13.28% and a net margin of 10.21%. Rogers Corporation's quarterly revenue was up 27.9% compared to the same quarter last year. During the same period last year, the company posted $0.88 earnings per share. View Rogers Corporation's Earnings History.

Rogers Corporation is scheduled to release their next quarterly earnings announcement on Wednesday, November, 1st 2017. View Earnings Estimates for Rogers Corporation.

Rogers Corporation updated its third quarter earnings guidance on Monday, July, 31st. The company provided EPS guidance of $1.20-$1.30 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.16. The company issued revenue guidance of $193-$203 million, compared to the consensus revenue estimate of $195.63 million.

5 brokerages have issued twelve-month price objectives for Rogers Corporation's shares. Their forecasts range from $125.00 to $147.00. On average, they anticipate Rogers Corporation's share price to reach $135.67 in the next twelve months. View Analyst Ratings for Rogers Corporation.

Here are some recent quotes from research analysts about Rogers Corporation stock:

• 1. According to Zacks Investment Research, "Rogers Corporation manufactures and sells specialty polymer composite materials and components which it develops for growing markets and applications around the world. The company has two business segments: Polymer Materials and Electronic Materials. The company's products are based on its core technologies in polymers, fillers, and adhesion. Most products are proprietary, or incorporate proprietary technology in their development and processing, and are sold under the company's valuable brand names. " (8/18/2017)
• 2. B. Riley analysts commented, "We believe execution around this strategy is showing visible gains in 2017 and expect Mgt to retain its focus. For example, autonomous vehicles, vehicle to vehicle communications, advanced 4.5G and 5G infrastructure, the IoT, energy efficient vehicles, and OLED are all high growth areas well-suited to ROG technology. We expect the company to gradually but increasingly align the sub-segment focus within Advanced Connectivity Solutions (ACS; 42% of sls), Elastomeric Materials Solutions (EMS; 31%), and Power Electronics Solutions (23%) taking related sales toward 60% over time. Recall market share is often a dominant 50% to 90% in areas like macro base station and antenna substrates, electronic vehicle battery foams and compartment silicon sealing, and automated driver assist radar systems to often surpass the next competitor by 2-3x, a broad competitive moat." (8/15/2017)
• 3. Needham & Company LLC analysts commented, "Rogers' posted another beat/raise with healthy performance in 4Q driven by relative strength in all segments although perhaps most notably in EMS and ACS (ADAS and other applications). Overall, we are encouraged by what appears to be accelerating tailwinds across all segments as we move forward while the longer-term picture should also support margin expansion. In the big picture, we view ROG as a healthy growth story that is on path for continued double-digit earnings growth. Consequently, we raise our model estimates in addition to our target (now $91, up from $79) and reiterate our Buy rating." (2/21/2017)

Some companies that are related to Rogers Corporation include Monolithic Power Systems (MPWR), Integrated Device Technology (IDTI), Silicon Laboratories (SLAB), Advanced Energy Industries (AEIS), Sanmina Corporation (SANM), Tower Semiconductor (TSEM), Vishay Intertechnology (VSH), Semtech Corporation (SMTC), Cree (CREE), Mellanox Technologies (MLNX), Power Integrations (POWI), Cabot Microelectronics Corporation (CCMP), Ambarella (AMBA), Plexus Corp. (PLXS), Celestica (CLS), Benchmark Electronics (BHE), Silicon Motion Technology Corporation (SIMO) and Inphi Corporation (IPHI).

Rogers Corporation's management team includes the folowing people:

• Bruce D. Hoechner, President and Chief Executive Officer, Principal Executive Officer and Director
• Janice E. Stipp, Senior Vice President, Finance and Chief Financial Officer, Treasurer, Principal Financial Officer and Principal Accounting Officer
• Gary M. Glandon, Chief Human Resource Officer, Senior Vice President
• Robert C. Daigle, Chief Technology Officer, Senior Vice President
• Jay Knoll, Senior Vice President, Corporate Development, General Counsel and Secretary
• Jeffrey M. Grudzien, Senior Vice President and General Manager, Advanced Connectivity Solutions
• Christopher R. Shadday, Senior Vice President and General Manager, Elastomeric Material Solutions
• Helen Zhang, Senior Vice President and General Manager, Power Electronics Solutions and President, Rogers Asia
• Jeffrey J. Owens, Director
• Keith L. Barnes, Independent Director

Rogers Corporation's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (11.75%), Vanguard Group Inc. (9.00%), Neuberger Berman Group LLC (8.44%), Dimensional Fund Advisors LP (5.78%), Northern Trust Corp (3.40%) and State Street Corp (2.45%). Company insiders that own Rogers Corporation stock include Carol R Jensen, Christopher Shadday, Gary M Glandon, Helen Zhang, Jay B Knoll, Jeffrey M Grudzien, John Andrew Dorward, Keith Barnes, Oliver Lennox-King, Peter C Wallace, Richard Mark Colterjohn, Robert C Daigle, Robert G Paul and William Mitchell. View Institutional Ownership Trends for Rogers Corporation.

Rogers Corporation's stock was sold by a variety of institutional investors in the last quarter, including Thomson Horstmann & Bryant Inc., Investment Counselors of Maryland LLC, BlackRock Inc., Ameriprise Financial Inc., Franklin Resources Inc., Mutual of America Capital Management LLC, Lapides Asset Management LLC and Numeric Investors LLC. Company insiders that have sold Rogers Corporation stock in the last year include Christopher Shadday, Gary M Glandon, Helen Zhang, Jay B Knoll, Jeffrey M Grudzien, Keith Barnes, Peter C Wallace, Robert C Daigle and William Mitchell. View Insider Buying and Selling for Rogers Corporation.

Rogers Corporation's stock was acquired by a variety of institutional investors in the last quarter, including Walthausen & Co. LLC, Vanguard Group Inc., ClariVest Asset Management LLC, SG Capital Management LLC, Nordea Investment Management AB, Pier Capital LLC, Conestoga Capital Advisors LLC and Renaissance Technologies LLC. View Insider Buying and Selling for Rogers Corporation.

Shares of Rogers Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Rogers Corporation stock can currently be purchased for approximately $112.64.