RGC Resources (Nasdaq:RGCO) - Stock Price, News & Analysis

RGCO Stock Overview

RGC Resources, Inc., through its subsidiaries, operates as an energy services company.

RGCO fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	2/6
Financial Health	1/6
Dividends	4/6

Rewards

Trading at 19.2% below our estimate of its fair value

Became profitable this year

Risk Analysis

Earnings have declined by 32.3% per year over past 5 years

Debt is not well covered by operating cash flow

Dividend of 4.16% is not well covered by cash flows

Shareholders have been diluted in the past year

RGC Resources, Inc. Competitors

Star Group

NYSE:SGU

US$366.4m

Ferrellgas Partners

OTCPK:FGPR

US$48.9m

Suburban Propane Partners

NYSE:SPH

US$1.2b

Northwest Natural Holding

NYSE:NWN

US$1.4b

Price History & Performance

Summary of all time highs, changes and price drops for RGC Resources
Historical stock prices
Current Share Price	US$19.23
52 Week High	US$22.53
52 Week Low	US$15.36
Beta	0.20
1 Month Change	-2.88%
3 Month Change	1.16%
1 Year Change	-9.80%
3 Year Change	-14.61%
5 Year Change	-30.68%
Change since IPO	621.13%

Recent updates

Here's What To Make Of RGC Resources' (NASDAQ:RGCO) Decelerating Rates Of Return

Apr 26

RGC Resources (NASDAQ:RGCO) Has Announced A Dividend Of $0.1975

Apr 05

RGC Resources (NASDAQ:RGCO) Is Paying Out A Larger Dividend Than Last Year

Dec 03

RGC Resources declares $0.195 dividend

Sep 27

RGC Resources GAAP EPS of $0.06, revenue of $17.26B

Aug 08

These 4 Measures Indicate That RGC Resources (NASDAQ:RGCO) Is Using Debt Extensively

Jun 18

RGC Resources: Lack Of Forward Growth A Concern

Feb 01

RGC Resources (NASDAQ:RGCO) Will Pay A Larger Dividend Than Last Year At US$0.20

Jan 13

We Think RGC Resources (NASDAQ:RGCO) Is Taking Some Risk With Its Debt

Dec 03

RGC Resources (NASDAQ:RGCO) Is Paying Out A Larger Dividend Than Last Year

Dec 03

Some Investors May Be Worried About RGC Resources' (NASDAQ:RGCO) Returns On Capital

Jun 28

Estimating The Fair Value Of RGC Resources, Inc. (NASDAQ:RGCO)

May 19

RGC Resources declares $0.185 dividend

Apr 26

Here's Why RGC Resources (NASDAQ:RGCO) Is Weighed Down By Its Debt Load

Apr 12

Should We Be Excited About The Trends Of Returns At RGC Resources (NASDAQ:RGCO)?

Mar 15

Would RGC Resources, Inc. (NASDAQ:RGCO) Be Valuable To Income Investors?

Mar 01

Is RGC Resources, Inc.'s (NASDAQ:RGCO) ROE Of 12% Impressive?

Feb 15

How Much Of RGC Resources, Inc. (NASDAQ:RGCO) Do Insiders Own?

Feb 01

Anita Zucker of RGC Resources, Inc. (NASDAQ:RGCO) Just Spent US$361k On Shares

Jan 18

Shareholder Returns

	RGCO	US Gas Utilities	US Market
7D	-3.6%	-0.5%	-3.7%
1Y	-9.8%	-12.1%	20.2%

Return vs Industry: RGCO exceeded the US Gas Utilities industry which returned -12.1% over the past year.

Return vs Market: RGCO underperformed the US Market which returned 20.2% over the past year.

Price Volatility

Is RGCO's price volatile compared to industry and market?
RGCO volatility
RGCO Average Weekly Movement	5.5%
Gas Utilities Industry Average Movement	3.9%
Market Average Movement	6.0%
10% most volatile stocks in US Market	16.6%
10% least volatile stocks in US Market	3.0%

Stable Share Price: RGCO has not had significant price volatility in the past 3 months.

Volatility Over Time: RGCO's weekly volatility (6%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1883	100	Paul Nester	www.rgcresources.com

RGC Resources, Inc., through its subsidiaries, operates as an energy services company. It sells and distributes natural gas to residential, commercial, and industrial customers in Roanoke, Virginia, and the surrounding localities. The company also provides various unregulated services.

RGC Resources, Inc. Fundamentals Summary

How do RGC Resources's earnings and revenue compare to its market cap?
RGCO fundamental statistics
Market cap	US$195.44m
Earnings (TTM)	US$13.06m
Revenue (TTM)	US$88.58m

15.0x

P/E Ratio

2.2x

P/S Ratio

Is RGCO overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RGCO income statement (TTM)
Revenue	US$88.58m
Cost of Revenue	US$57.38m
Gross Profit	US$31.20m
Other Expenses	US$18.13m
Earnings	US$13.06m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	1.29
Gross Margin	35.22%
Net Profit Margin	14.75%
Debt/Equity Ratio	144.4%

How did RGCO perform over the long term?

See historical performance and comparison

Dividends

4.2%

Current Dividend Yield

61%

Payout Ratio

RGCO Stock Overview

Rewards

Risk Analysis

RGC Resources, Inc. Competitors

NYSE:SGU

US$366.4m

OTCPK:FGPR

US$48.9m

NYSE:SPH

US$1.2b

NYSE:NWN

US$1.4b

Price History & Performance

Recent News & Updates

Now 21% undervalued

Upcoming dividend of US$0.20 per share

Now 24% undervalued after recent price drop

Now 22% undervalued

Dividend of US$0.20 announced

RGC Resources, Inc. Declares Quarterly Dividend, Payable on May 1, 2024

Recent updates

Now 21% undervalued

Upcoming dividend of US$0.20 per share

Now 24% undervalued after recent price drop

Now 22% undervalued

Dividend of US$0.20 announced

RGC Resources, Inc. Declares Quarterly Dividend, Payable on May 1, 2024

First quarter 2024 earnings released: EPS: US$0.50 (vs US$0.33 in 1Q 2023)

RGC Resources, Inc. Appoints Timothy J. Mulvaney as Chief Financial Officer

Upcoming dividend of US$0.20 per share at 4.1% yield

New minor risk - Shareholder dilution

RGC Resources, Inc., Annual General Meeting, Feb 05, 2024

RGC Resources, Inc. Declares Quarterly Dividend, Payable on February 1, 2024

Full year 2023 earnings released: EPS: US$1.14 (vs US$3.48 loss in FY 2022)

Now 21% undervalued after recent price drop

Investors Met With Slowing Returns on Capital At RGC Resources (NASDAQ:RGCO)

Now 20% undervalued after recent price drop

Upcoming dividend of US$0.20 per share at 4.8% yield

RGC Resources (NASDAQ:RGCO) Is Paying Out A Dividend Of $0.1975

RGC Resources, Inc. Declares Quarterly Dividend, Payable on November 1, 2023

RGC Resources, Inc. Appoints Timothy Mulvaney as Treasurer

New minor risk - Shareholder dilution

Third quarter 2023 earnings released: EPS: US$0.069 (vs US$0.06 in 3Q 2022)

Upcoming dividend of US$0.20 per share at 4.1% yield

RGC Resources (NASDAQ:RGCO) Has Announced A Dividend Of $0.1975

Is RGC Resources (NASDAQ:RGCO) Using Too Much Debt?

Second quarter 2023 earnings released: EPS: US$0.64 (vs US$2.89 loss in 2Q 2022)

RGC Resources (NASDAQ:RGCO) Is Paying Out A Dividend Of $0.1975

Here's What To Make Of RGC Resources' (NASDAQ:RGCO) Decelerating Rates Of Return

Upcoming dividend of US$0.20 per share at 3.3% yield

RGC Resources (NASDAQ:RGCO) Has Announced A Dividend Of $0.1975

First quarter 2023 earnings released

RGC Resources, Inc. Announces Executive Changes Effective February 1, 2023

RGC Resources, Inc. Declares Quarterly Dividend, Payable on May 1, 2023

Upcoming dividend of US$0.20 per share

RGC Resources (NASDAQ:RGCO) Is Paying Out A Larger Dividend Than Last Year

RGC Resources, Inc., Annual General Meeting, Jan 23, 2023

RGC Resources, Inc. Declares Quarterly Dividend on Common Stock, Payable on February 1, 2023

Full year 2022 earnings released: US$3.48 loss per share (vs US$1.22 profit in FY 2021)

Upcoming dividend of US$0.20 per share

RGC Resources, Inc. Declares Quarterly Dividend on Common Stock, Payable on November 1, 2022

RGC Resources declares $0.195 dividend

RGC Resources, Inc. Provides Earnings Guidance for the Fourth Quarter of 2022

Third quarter 2022 earnings released: EPS: US$0.06 (vs US$0.074 in 3Q 2021)

RGC Resources GAAP EPS of $0.06, revenue of $17.26B

Upcoming dividend of US$0.20 per share

Director recently bought US$136k worth of stock

These 4 Measures Indicate That RGC Resources (NASDAQ:RGCO) Is Using Debt Extensively

Now 21% undervalued after recent price drop

RGC Resources, Inc. Provides Earnings Guidance for the Fiscal Year 2022

Independent Chairman of the Board recently bought US$61k worth of stock

RGC Resources, Inc. Provides Earnings Guidance for the Fiscal Year 2022

Second quarter 2022 earnings released: US$2.89 loss per share (vs US$0.58 profit in 2Q 2021)

Price target decreased to US$30.00

RGC Resources, Inc. Appoints Robert Johnston to Board of Directors

Upcoming dividend of US$0.20 per share

RGC Resources, Inc. has completed a Follow-on Equity Offering in the amount of $23 million.

First quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat

RGC Resources: Lack Of Forward Growth A Concern

RGC Resources, Inc. Announces Management Changes