Acme United (ACU) Stock Forecast, Price & News

Acme United's stock was trading at $24.14 at the beginning of 2023. Since then, ACU stock has increased by 3.5% and is now trading at $24.98.
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Acme United saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 7,400 shares, an increase of 10.4% from the April 30th total of 6,700 shares. Based on an average daily trading volume, of 6,100 shares, the days-to-cover ratio is presently 1.2 days. Currently, 0.2% of the shares of the company are short sold.
View Acme United's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 20th 2023.
View our ACU earnings forecast.

Acme United Co. (NYSEAMERICAN:ACU) posted its earnings results on Friday, April, 21st. The company reported $0.28 earnings per share for the quarter. The firm earned $45.84 million during the quarter. Acme United had a net margin of 1.63% and a trailing twelve-month return on equity of 4.02%.

Acme United announced a quarterly dividend on Monday, March 20th. Shareholders of record on Friday, March 31st will be given a dividend of $0.14 per share on Friday, April 21st. This represents a $0.56 dividend on an annualized basis and a dividend yield of 2.24%. The ex-dividend date of this dividend is Thursday, March 30th.
Read our dividend analysis for ACU.

Acme United (NYSEAMERICAN:ACU) pays an annual dividend of $0.56 per share and currently has a dividend yield of 2.18%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 66.67%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for ACU.

Based on aggregate information from My MarketBeat watchlists, some companies that other Acme United investors own include Lifetime Brands (LCUT), AbbVie (ABBV), Walgreens Boots Alliance (WBA), Abbott Laboratories (ABT), Automatic Data Processing (ADP), Energy Transfer (ET), Johnson & Johnson (JNJ), Merck & Co., Inc. (MRK), AT&T (T) and Agilent Technologies (A).

Acme United trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol "ACU."

Acme United's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Capital Management Corp VA (15.77%), North Star Investment Management Corp. (10.38%), Dimensional Fund Advisors LP (5.06%), FIL Ltd (3.96%), Royce & Associates LP (3.72%) and Royce & Associates LP (3.72%). Insiders that own company stock include Brian Barker, Brian S Olschan, Paul G Driscoll, Rex Lynn Davidson, Stevenson E Ward III, Susan H Murphy and Walter C Johnsen.
View institutional ownership trends.

Shares of ACU 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.
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One share of ACU stock can currently be purchased for approximately $24.98.

Acme United (NYSEAMERICAN:ACU) has a market capitalization of $88.68 million and generates $193.96 million in revenue each year. The company earns $3.04 million in net income (profit) each year or $0.84 on an earnings per share basis.

The company employs 654 workers across the globe.

Acme United's mailing address is 55 Walls Dr, FAIRFIELD, CT 06824-5163, United States. The official website for the company is www.acmeunited.com. The company can be reached via phone at (203) 254-6060 or via fax at 203-254-6019.