NYSE:RRX

Regal Rexnord (RRX) Stock Forecast, Price & News

$146.45

-0.93 (-0.63%)

(As of 09/22/2023 ET)

Compare

Today's Range: $145.55
▼
$147.95
50-Day Range: $146.49
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$165.49
52-Week Range: $111.84
▼
$166.00

Volume: 290,148 shs
Average Volume: 300,637 shs
Market Capitalization: $9.71 billion

P/E Ratio: 39.37
Dividend Yield: 0.96%
Price Target: $195.00

Regal Rexnord MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.75 Rating Score
Upside/Downside: 33.2% Upside
$195.00 Price Target
Short Interest: Healthy
1.30% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: -0.96
Upright™ Environmental Score
News Sentiment: 1.55
Based on 4 Articles This Week
Insider Trading: Selling Shares
$1.28 M Sold Last Quarter
Proj. Earnings Growth: 20.65%
From $10.41 to $12.56 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.77 out of 5 stars

Industrial Products Sector

32nd out of 175 stocks

Motors & Generators Industry

2nd out of 4 stocks

3.4

Analyst's Opinion

Consensus Rating
Regal Rexnord has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $195.00, Regal Rexnord has a forecasted upside of 33.2% from its current price of $146.45.
Amount of Analyst Coverage
Regal Rexnord has only been the subject of 2 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
1.30% of the float of Regal Rexnord has been sold short.
Short Interest Ratio / Days to Cover
Regal Rexnord has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Regal Rexnord has recently increased by 1.55%, indicating that investor sentiment is decreasing.

1.7

Dividend Strength

Dividend Yield
Regal Rexnord has a dividend yield of 0.96%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Regal Rexnord does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Regal Rexnord is 37.63%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Regal Rexnord will have a dividend payout ratio of 11.15% next year. This indicates that Regal Rexnord will be able to sustain or increase its dividend.

2.9

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Regal Rexnord has received a 24.76% net impact score from Upright. Regal Rexnord seems to create the most significant positive value in categories "Jobs", "Taxes", and "GHG emissions". The positive contribution in the "GHG emissions" impact category is mostly driven by its "Electric motor control devices", "Electric actuators", and "Synchronous motors" products. See details.
Environmental Sustainability
The Environmental Impact score for Regal Rexnord is -0.96.

2.5

News and Social Media Coverage

News Sentiment
Regal Rexnord has a news sentiment score of 1.55. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.73 average news sentiment score of Industrial Products companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Regal Rexnord this week, compared to 4 articles on an average week.
MarketBeat Follows
Only 5 people have added Regal Rexnord to their MarketBeat watchlist in the last 30 days. This is a decrease of -29% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Regal Rexnord insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,279,471.00 in company stock.
Percentage Held by Insiders
Only 0.98% of the stock of Regal Rexnord is held by insiders.
Percentage Held by Institutions
96.67% of the stock of Regal Rexnord is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Regal Rexnord are expected to grow by 20.65% in the coming year, from $10.41 to $12.56 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Regal Rexnord is 39.37, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 115.68.
Price to Earnings Ratio vs. Sector
The P/E ratio of Regal Rexnord is 39.37, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 19.26.
Price to Earnings Growth Ratio
Regal Rexnord has a PEG Ratio of 1.41. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Regal Rexnord has a P/B Ratio of 1.51. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Regal Rexnord (NYSE:RRX) Stock

Regal Rexnord Corporation manufactures and sells industrial powertrain solutions, power transmission components, electric motors and electronic controls, air moving products, and specialty electrical components and systems worldwide. It operates in four segments: Commercial Systems, Industrial Systems, Climate Solutions, and Motion Control Solutions. The Commercial Systems segment provides AC and DC motors, electronic variable speed controls, fans, blowers, and precision stator and rotor kits. The Industrial Systems segment offers AC motors for industrial applications; electric alternators for prime and standby power applications to data centers, distributed energy, microgrid, rental, marine, agriculture, healthcare, mobile, and defense markets; switchgear, switchboards, and control systems for power generation systems; and transfer switch power solutions for residential, commercial, industrial, and critical applications. The Climate Solutions segment provides fractional horsepower motors, electronic variable speed controls, and blowers for use in residential and light commercial air moving applications; and fractional horsepower motors and blowers for use in white goods, water heating equipment, small pumps, compressors, and fans, and other small appliances. The Motion Control Solutions segment offers bearings; conveyors; conveying automation solutions; disc, gear, grid, elastomeric, and torsionally soft couplings; mechanical power transmission drives and components; gearboxes and gear motors; aerospace components; and special components. This segment serves the food and beverage, bulk handling, eCommerce/warehouse distribution, energy, aerospace, and general industrial markets. The company sells its products directly to original equipment manufacturers, distributors, and end-users. The company was formerly known as Regal Beloit Corporation. The company was founded in 1955 and is headquartered in Beloit, Wisconsin.

RRX Price History

30 days | 90 days | 365 days | Advanced Chart

RRX Stock News Headlines

September 14, 2023 | finance.yahoo.com

Regal Rexnord tells state it will close West Milwaukee plant in November

September 12, 2023 | msn.com

What to know about Regal Rexnord, the latest company to move its headquarters to Milwaukee

September 24, 2023 | Legacy Research (Ad)

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September 12, 2023 | thestreet.com

Regal Rexnord Corporation

September 10, 2023 | markets.businessinsider.com

Oppenheimer Remains a Buy on Regal Rexnord (RRX)

September 9, 2023 | msn.com

Yet another outstate company is moving its headquarters to Milwaukee: Regal Rexnord

September 8, 2023 | bizjournals.com

Major Wisconsin public company changes headquarters address to downtown Milwaukee

September 8, 2023 | msn.com

Yet another out-state company is moving its headquarters to Milwaukee: Regal Rexnord

September 24, 2023 | Legacy Research (Ad)

Watch SHOCKING Footage of AI Facility with Ties to Elon Musk

September 8, 2023 | finance.yahoo.com

REGAL REXNORD ANNOUNCES CHANGE IN CORPORATE ADDRESS

August 23, 2023 | msn.com

Regal Rexnord Corporation: Solid Company But Wait For Better Price Levels

August 22, 2023 | finance.yahoo.com

RBC Bearings (RBC) Acquires Specline, Boosts Aerospace Unit

August 17, 2023 | markets.businessinsider.com

Analysts Offer Insights on Industrial Goods Companies: Sherwin-Williams Company (SHW) and Regal Rexnord (RRX)

August 14, 2023 | uk.news.yahoo.com

Is Regal Rexnord Corporation's (NYSE:RRX) 3.9% ROE Worse Than Average?

August 5, 2023 | finance.yahoo.com

If EPS Growth Is Important To You, RBC Bearings (NYSE:RBC) Presents An Opportunity

August 5, 2023 | finance.yahoo.com

Q1 2024 RBC Bearings Inc Earnings Call

August 5, 2023 | markets.businessinsider.com

Regal Rexnord (RRX) Receives a Rating Update from a Top Analyst

August 1, 2023 | msn.com

Regal Rexnord’s Q2 earnings beat estimates

August 1, 2023 | finance.yahoo.com

Regal Beloit (RRX) Q2 Earnings Surpass Estimates

August 1, 2023 | finance.yahoo.com

Here's What Key Metrics Tell Us About Regal Beloit (RRX) Q2 Earnings

July 31, 2023 | msn.com

Regal Rexnord Non-GAAP EPS of $2.56 beats by $0.10, revenue of $1.77B in-line

July 31, 2023 | finance.yahoo.com

NEWLY TRANSFORMED REGAL REXNORD REPORTS STRONG SECOND QUARTER 2023 FINANCIAL RESULTS; THREE MONTHS IN, ALTRA INTEGRATION & SYNERGY REALIZATION GOING VERY WELL

July 29, 2023 | finance.yahoo.com

Regal Rexnord (NYSE:RRX) Has Affirmed Its Dividend Of $0.35

July 28, 2023 | benzinga.com

Earnings Preview For Regal Rexnord

July 18, 2023 | finance.yahoo.com

Is Regal Beloit (RRX) Stock Outpacing Its Industrial Products Peers This Year?

July 11, 2023 | finance.yahoo.com

Regal Rexnord Corporation to Host Second Quarter 2023 Earnings Conference Call on Tuesday, August 1, 2023

July 10, 2023 | finance.yahoo.com

Regal Rexnord's (NYSE:RRX) earnings growth rate lags the 15% CAGR delivered to shareholders

See More Headlines

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RRX Company Calendar

Ex-Dividend for 7/14 Dividend: 6/29/2023
Dividend Payable: 7/14/2023
Last Earnings: 7/31/2023
Today: 9/24/2023
Ex-Dividend for 10/13 Dividend: 9/28/2023
Dividend Payable: 10/13/2023
Next Earnings (Estimated): 10/30/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Motors & generators
Sub-Industry: N/A
Sector: Industrial Products
Current Symbol: NYSE:RRX
CUSIP: N/A
CIK: 82811
Web: www.regalbeloit.com
Phone: (608) 364-8800
Fax: 608-364-8816
Employees: 26,000
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $195.00
High Stock Price Forecast: $211.00
Low Stock Price Forecast: $184.00
Forecasted Upside/Downside: +33.2%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.75
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): $3.72
Trailing P/E Ratio: 39.37
Forward P/E Ratio: 14.07
P/E Growth: 1.41
Net Income: $488.90 million
Net Margins: 4.45%
Pretax Margin: 5.69%
Return on Equity: 10.53%
Return on Assets: 5.07%

Debt

Debt-to-Equity Ratio: 1.03
Current Ratio: 2.52
Quick Ratio: 1.37

Sales & Book Value

Annual Sales: $5.22 billion
Price / Sales: 1.86
Cash Flow: $15.85 per share
Price / Cash Flow: 9.24
Book Value: $97.09 per share
Price / Book: 1.51

Miscellaneous

Outstanding Shares: 66,310,000
Free Float: 65,661,000
Market Cap: $9.71 billion
Optionable: Optionable
Beta: 1.08

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Key Executives

Mr. Louis Vernon Pinkham (Age 52)
CEO & Director
Comp: $2.8M

Mr. Robert J. Rehard (Age 54)
VP & CFO
Comp: $1.23M

Mr. Thomas E. Valentyn (Age 64)
VP, Gen. Counsel & Sec.
Comp: $978.25k

Mr. Jerrald R. Morton (Age 61)
Pres of Integration - Motion Control Solutions
Comp: $1.05M

Mr. Kevin J. Zaba (Age 56)
Pres of Motion Control Solutions
Comp: $962.65k

Mr. Alexander P. Scarpelli
Chief Accounting Officer, VP & Corp. Controller

Mr. John M. Avampato (Age 62)
VP & Chief Information Officer

Mr. Robert Douglas Barry
VP of Investor Relations

Ms. Cheryl A. Lewis (Age 54)
VP & Chief Human Resource Officer

Mr. Scott Douglas Brown (Age 63)
Group Pres of Commercial Systems Segment

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

RRX Stock - Frequently Asked Questions

Should I buy or sell Regal Rexnord stock right now?: 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Regal Rexnord in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" RRX shares.
View RRX analyst ratings or view top-rated stocks.
What is Regal Rexnord's stock price forecast for 2023?: 4 Wall Street research analysts have issued 12-month price objectives for Regal Rexnord's stock. Their RRX share price forecasts range from $184.00 to $211.00. On average, they expect the company's stock price to reach $195.00 in the next year. This suggests a possible upside of 33.2% from the stock's current price.
View analysts price targets for RRX or view top-rated stocks among Wall Street analysts.
How have RRX shares performed in 2023?: Regal Rexnord's stock was trading at $119.98 at the start of the year. Since then, RRX shares have increased by 22.1% and is now trading at $146.45.
View the best growth stocks for 2023 here.
When is Regal Rexnord's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, October 30th 2023.
View our RRX earnings forecast.
How were Regal Rexnord's earnings last quarter?: Regal Rexnord Co. (NYSE:RRX) issued its quarterly earnings results on Monday, July, 31st. The company reported $2.56 earnings per share for the quarter, topping the consensus estimate of $2.44 by $0.12. The firm had revenue of $1.77 billion for the quarter, compared to the consensus estimate of $1.77 billion. Regal Rexnord had a trailing twelve-month return on equity of 10.53% and a net margin of 4.45%. Regal Rexnord's quarterly revenue was up 31.1% compared to the same quarter last year. During the same period in the prior year, the business posted $2.76 EPS.
How often does Regal Rexnord pay dividends? What is the dividend yield for Regal Rexnord?: Regal Rexnord declared a quarterly dividend on Monday, July 24th. Investors of record on Friday, September 29th will be paid a dividend of $0.35 per share on Friday, October 13th. This represents a $1.40 dividend on an annualized basis and a yield of 0.96%. The ex-dividend date is Thursday, September 28th.
Read our dividend analysis for RRX.
What ETFs hold Regal Rexnord's stock?: ETFs with the largest weight of Regal Rexnord (NYSE:RRX) stock in their portfolio include ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL), Thrivent Small-Mid Cap ESG ETF (TSME), Putnam Sustainable Future ETF (PFUT), Fidelity Small-Mid Cap Opportunities ETF (FSMO), Fidelity Blue Chip Value ETF (FBCV), Global X U.S. Infrastructure Development ETF (PAVE), iShares Robotics and Artificial Intelligence Multisector ETF (IRBO) and iShares S&P Mid-Cap 400 Value ETF (IJJ).
Is Regal Rexnord a good dividend stock?: Regal Rexnord (NYSE:RRX) pays an annual dividend of $1.40 per share and currently has a dividend yield of 0.96%. The dividend payout ratio is 37.63%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RRX will have a dividend payout ratio of 11.15% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for RRX.

What guidance has Regal Rexnord issued on next quarter's earnings?: Regal Rexnord updated its FY 2023 earnings guidance on Monday, July, 31st. The company provided EPS guidance of $10.20-$10.60 for the period, compared to the consensus earnings per share estimate of $10.63. The company issued revenue guidance of -.
What is Regal Rexnord's stock symbol?: Regal Rexnord trades on the New York Stock Exchange (NYSE) under the ticker symbol "RRX."
Who are Regal Rexnord's major shareholders?: Regal Rexnord's stock is owned by many different retail and institutional investors. Top institutional investors include Capital World Investors (9.50%), BlackRock Inc. (8.69%), Diamond Hill Capital Management Inc. (3.55%), Alliancebernstein L.P. (2.87%), State Street Corp (2.78%) and Dimensional Fund Advisors LP (2.06%). Insiders that own company stock include Christopher L Doerr, Curtis W Stoelting, John Avampato and John C Kunze.
View institutional ownership trends.
How do I buy shares of Regal Rexnord?: Shares of RRX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Regal Rexnord's stock price today?: One share of RRX stock can currently be purchased for approximately $146.45.
How much money does Regal Rexnord make?: Regal Rexnord (NYSE:RRX) has a market capitalization of $9.71 billion and generates $5.22 billion in revenue each year. The company earns $488.90 million in net income (profit) each year or $3.72 on an earnings per share basis.
How many employees does Regal Rexnord have?: The company employs 26,000 workers across the globe.
How can I contact Regal Rexnord?: Regal Rexnord's mailing address is 200 State St, Beloit, Wisconsin 53511-6254. The official website for the company is www.regalbeloit.com. The company can be reached via phone at (608) 364-8800, via email at investor@regalbeloit.com, or via fax at 608-364-8816.

This page (NYSE:RRX) was last updated on 9/24/2023 by MarketBeat.com Staff

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