NYSE:RRX

Regal Rexnord (RRX) Stock Forecast, Price & News

$145.34

-2.07 (-1.40%)

(As of 06/8/2023 ET)

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Today's Range: $144.93
▼
$147.83
50-Day Range: $125.61
▼
$147.35
52-Week Range: $108.28
▼
$162.89

Volume: 390,301 shs
Average Volume: 454,372 shs
Market Capitalization: $9.63 billion

P/E Ratio: 27.12
Dividend Yield: 0.96%
Price Target: $186.00

Regal Rexnord MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.83 Rating Score
Upside/Downside: 28.0% Upside
$186.00 Price Target
Short Interest: Healthy
1.41% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: -0.96
Upright™ Environmental Score
News Sentiment: 1.09
Based on 4 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 17.12%
From $10.69 to $12.52 Per Share

Overall MarketRank^™

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

2.73 out of 5 stars

Industrial Products Sector

14th out of 178 stocks

Motors & Generators Industry

1st out of 4 stocks

3.4

Analyst's Opinion

Consensus Rating
Regal Rexnord has received a consensus rating of Buy. The company's average rating score is 2.83, and is based on 5 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $186.00, Regal Rexnord has a forecasted upside of 28.0% from its current price of $145.34.
Amount of Analyst Coverage
Regal Rexnord has only been the subject of 1 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
1.41% 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 2.2, 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 16.13%, indicating that investor sentiment is decreasing significantly.

1.7

Dividend Strength

Dividend Yield
Regal Rexnord has a dividend yield of 0.97%, 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 26.12%. 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 11.18% 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.

2.8

News and Social Media Coverage

News Sentiment
Regal Rexnord has a news sentiment score of 1.09. 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 0.65 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 3 articles on an average week.
MarketBeat Follows
Only 2 people have added Regal Rexnord to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Regal Rexnord insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.98% of the stock of Regal Rexnord is held by insiders.
Percentage Held by Institutions
99.98% 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 17.12% in the coming year, from $10.69 to $12.52 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Regal Rexnord is 27.12, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.06.
Price to Earnings Ratio vs. Sector
The P/E ratio of Regal Rexnord is 27.12, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 18.14.
Price to Earnings Growth Ratio
Regal Rexnord has a PEG Ratio of 1.35. 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 1.50. 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 Corp. engages in the manufacture of electric motors, electrical motion controls, power generation, and power transmission products. It operates through the following segments: Commercial Systems, Industrial Systems, Climate Solutions, and Power Transmission Solutions. The Commercial Systems segment produces fractional to 5 horsepower AC and DC motors, electric variable speed controls, fans, and blowers for commercial applications. The Industrial Systems segment produces integral motors, generators, alternators and switchgear for industrial applications. The Climate Solutions segment offers small motors, controls, and air moving solutions serving markets including residential and light commercial HVAC, water heaters and commercial refrigeration. The Power Transmission Solutions segment manufactures, sells, and services belt and chain drives, helical and worm gearing, mounted and unmounted bearings, couplings, modular plastic belts, conveying chains and components, hydraulic pump drives, large open gearing, and specialty mechanical products serving markets including beverage, bulk handling, metals, special machinery, energy, aerospace, and general industrial. The compan

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RRX Stock News Headlines

May 25, 2023 | msn.com

Regal Rexnord: Risky, But Guidance, And Secular Growth Imply Undervaluation

May 24, 2023 | finance.yahoo.com

Wall Street Analysts See a 38.72% Upside in Regal Beloit (RRX): Can the Stock Really Move This High?

June 9, 2023 | Stansberry Research (Ad)

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May 23, 2023 | americanbankingnews.com

Q2 2023 EPS Estimates for Regal Rexnord Co. (NYSE:RRX) Decreased by KeyCorp

May 20, 2023 | finance.yahoo.com

Q4 2023 RBC Bearings Inc Earnings Call

May 19, 2023 | finance.yahoo.com

RBC Q4 Earnings By The Numbers: Guides Q1 Above Consensus

May 18, 2023 | seekingalpha.com

Regal Rexnord: An Interesting Play Despite Recent Weakness

May 17, 2023 | americanbankingnews.com

Analyzing Regal Rexnord (NYSE:RRX) and Clean Energy Technologies (OTCMKTS:CETY)

June 9, 2023 | Behind the Markets (Ad)

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May 17, 2023 | americanbankingnews.com

Regal Rexnord Co. (NYSE:RRX) Receives $186.00 Average PT from Brokerages

May 12, 2023 | finance.yahoo.com

Regal Rexnord (NYSE:RRX) Has Announced A Dividend Of $0.35

May 10, 2023 | americanbankingnews.com

Regal Rexnord (NYSE:RRX) Rating Lowered to Hold at StockNews.com

May 9, 2023 | americanbankingnews.com

KeyCorp Research Analysts Lower Earnings Estimates for Regal Rexnord Co. (NYSE:RRX)

May 8, 2023 | americanbankingnews.com

Regal Rexnord (NYSE:RRX) Updates FY23 Earnings Guidance

May 7, 2023 | finance.yahoo.com

Regal Rexnord Corporation (NYSE:RRX) Q1 2023 Earnings Call Transcript

May 5, 2023 | seekingalpha.com

Regal Rexnord Corporation 2023 Q1 - Results - Earnings Call Presentation

May 5, 2023 | msn.com

Regal Rexnord reports mixed Q1 earnings; updates FY23 outlook

May 4, 2023 | finance.yahoo.com

REGAL REXNORD CORPORATION REPORTS STRONG FIRST QUARTER 2023 FINANCIAL RESULTS

May 3, 2023 | msn.com

A Preview Of Regal Rexnord's Earnings

May 3, 2023 | americanbankingnews.com

Regal Rexnord (RRX) Scheduled to Post Earnings on Thursday

April 28, 2023 | uk.finance.yahoo.com

Regal Rexnord (NYSE:RRX) Will Pay A Dividend Of $0.35

April 27, 2023 | americanbankingnews.com

Regal Rexnord (NYSE:RRX) and Clean Energy Technologies (OTCMKTS:CETY) Head to Head Contrast

April 26, 2023 | msn.com

Regal Rexnord (RRX) Declares $0.35 Dividend

April 22, 2023 | americanbankingnews.com

Analysts Set Regal Rexnord Co. (NYSE:RRX) Target Price at $186.00

April 13, 2023 | finance.yahoo.com

Is Now The Time To Look At Buying Regal Rexnord Corporation (NYSE:RRX)?

April 11, 2023 | finance.yahoo.com

Regal Rexnord Corporation to Host First Quarter 2023 Earnings Conference Call on Friday, May 5, 2023

March 28, 2023 | americanbankingnews.com

Robert W. Baird Lowers Regal Rexnord (NYSE:RRX) Price Target to $184.00

See More Headlines

RRX Price History

30 days | 90 days | 365 days | Advanced Chart

RRX Company Calendar

Ex-Dividend for 4/14 Dividend: 3/30/2023
Dividend Payable: 4/14/2023
Last Earnings: 5/04/2023
Today: 6/08/2023
Ex-Dividend for 7/14 Dividend: 6/29/2023
Dividend Payable: 7/14/2023
Next Earnings (Estimated): 8/07/2023
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: $186.00
High Stock Price Forecast: $190.00
Low Stock Price Forecast: $184.00
Forecasted Upside/Downside: +28.0%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.83
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): $5.36
Trailing P/E Ratio: 27.12
Forward P/E Ratio: 13.60
P/E Growth: 1.35
Net Income: $488.90 million
Net Margins: 6.95%
Pretax Margin: 8.89%
Return on Equity: 10.81%
Return on Assets: 5.77%

Debt

Debt-to-Equity Ratio: 1.12
Current Ratio: 2.92
Quick Ratio: 1.69

Sales & Book Value

Annual Sales: $5.22 billion
Price / Sales: 1.85
Cash Flow: $15.99 per share
Price / Cash Flow: 9.09
Book Value: $97.09 per share
Price / Book: 1.50

Miscellaneous

Outstanding Shares: 66,280,000
Free Float: 65,629,000
Market Cap: $9.63 billion
Optionable: Optionable
Beta: 1.05

Key Executives

Louis V. Pinkham
Chief Executive Officer & Director

Robert J. Rehard
Chief Financial Officer & Vice President

John M. Avampato
Chief Information Officer & Vice President

Thomas E. Valentyn
Secretary, Vice President & General Counsel

Cheryl A. Lewis
Chief Human Resources Officer & Vice President

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?: 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Regal Rexnord in the last year. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" RRX shares.
View RRX analyst ratings or view top-rated stocks.
What is Regal Rexnord's stock price forecast for 2023?: 6 Wall Street analysts have issued twelve-month target prices for Regal Rexnord's stock. Their RRX share price forecasts range from $184.00 to $190.00. On average, they predict the company's stock price to reach $186.00 in the next year. This suggests a possible upside of 28.0% 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 beginning of 2023. Since then, RRX stock has increased by 21.1% and is now trading at $145.34.
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, August 7th 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 Thursday, May, 4th. The company reported $2.22 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.20 by $0.02. The firm had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.24 billion. Regal Rexnord had a net margin of 6.95% and a trailing twelve-month return on equity of 10.81%.
How often does Regal Rexnord pay dividends? What is the dividend yield for Regal Rexnord?: Regal Rexnord announced a quarterly dividend on Monday, April 24th. Stockholders of record on Friday, June 30th will be paid a dividend of $0.35 per share on Friday, July 14th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 0.96%. The ex-dividend date is Thursday, June 29th.
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 Thrivent Small-Mid Cap ESG ETF (TSME), ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL), Putnam Sustainable Future ETF (PFUT), Fidelity Small-Mid Cap Opportunities ETF (FSMO), Fidelity Blue Chip Value ETF (FBCV), Vanguard S&P Mid-Cap 400 Value ETF (IVOV), Global X U.S. Infrastructure Development ETF (PAVE) and First Trust SMID Cap Rising Dividend Archievers ETF (SDVY).
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 0.97%. The dividend payout ratio is 26.12%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RRX will have a dividend payout ratio of 11.18% 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 Friday, May, 5th. The company provided EPS guidance of $10.20-$11.10 for the period, compared to the consensus estimate of $10.73. 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 a variety of institutional and retail investors. Top institutional shareholders include FMR LLC (13.09%), BlackRock Inc. (8.93%), Diamond Hill Capital Management Inc. (2.79%), State Street Corp (2.78%), Dimensional Fund Advisors LP (2.08%) and Macquarie Group Ltd. (1.75%). Insiders that own company stock include Christopher L Doerr, Curtis W Stoelting 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 $145.34.
How much money does Regal Rexnord make?: Regal Rexnord (NYSE:RRX) has a market capitalization of $9.63 billion and generates $5.22 billion in revenue each year. The company earns $488.90 million in net income (profit) each year or $5.36 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 6/9/2023 by MarketBeat.com Staff

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