Sturm Ruger (RGR) Tops Q1 EPS by 18c, Approves $100M Buyback

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Sturm Ruger (RGR) PT Raised to $62 at Wunderlich Securities on 1Q Beat; 'Distributors Outperformed Sell-Through Trends'

May 9, 2017 10:59 AM EDT

Wunderlich Securities raised its price target on Sturm Ruger (NYSE: RGR) to $62.00 (from $51.00) while maintaining a Hold rating, following the company's first quarter earnings report.

Analyst Rommel Dionisio notes the company provided first quarter earnings per share and revenues above consensus projections, driven by distributor... More

Sturm Ruger (RGR) Declares $0.48 Quarterly Dividend; 3.3% Yield

May 9, 2017 6:14 AM EDT

Sturm Ruger (NYSE: RGR) declared a quarterly dividend of $0.48 per share, or $1.92 annualized.

The dividend will be payable on May 31, 2017, to stockholders of record on May 19, 2017, with an ex-dividend date of May 17, 2017.

The annual yield on the dividend is 3.3... More