Buy Or Sell Opportunity • Jul 01
Now 21% undervalued Over the last 90 days, the stock has risen 42% to US$88.72. The fair value is estimated to be US$113, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.8% over the last 3 years. Earnings per share has grown by 34%. For the next 3 years, revenue is forecast to grow by 3.9% per annum. Earnings are also forecast to grow by 16% per annum over the same time period. Live-nyheter • Jun 18
Gorman-Rupp Stock Rises as Q1 Earnings Beat Estimates With Record Revenue and Strong Backlog Gorman-Rupp reported Q1 2026 revenue that was 3.5% above analyst expectations, with record earnings for the quarter.
Management credited pricing actions, a favorable product mix and operational efficiency as key drivers of the stronger profitability.
The company highlighted broad-based demand, strong incoming orders and a rising backlog, and is continuing to invest for long-term profitability.
Stronger-than-expected Q1 2026 results and record earnings indicate that Gorman-Rupp is currently executing well on both pricing and cost control while seeing healthy demand across its markets.
The growing backlog and ongoing investment program indicate a busy period ahead, but they also raise questions around execution risk, cost discipline and how quickly orders convert into cash flow. Tillkännagivande • May 16
The Gorman-Rupp Company to Report Q2, 2026 Results on Jul 24, 2026 The Gorman-Rupp Company announced that they will report Q2, 2026 results on Jul 24, 2026 Upcoming Dividend • May 11
Upcoming dividend of US$0.19 per share Eligible shareholders must have bought the stock before 15 May 2026. Payment date: 10 June 2026. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 1.0%. Lower than top quartile of American dividend payers (4.2%). In line with average of industry peers (1.1%). Tillkännagivande • Apr 28
The Gorman-Rupp Company Announces Board Chages The Gorman-Rupp Company announced that on April 23, 2026 following the Annual Meeting held on April 23, 2026, the independent Directors serving on the Board of Directors of the Company appointed Donald H. Bullock, Jr. as Lead Independent Director, succeeding M. Ann Harlan. will continue to serve on the Board of Directors of the Company. Declared Dividend • Apr 27
First quarter dividend of US$0.19 announced Shareholders will receive a dividend of US$0.19. Ex-date: 15th May 2026 Payment date: 10th June 2026 Dividend yield will be 1.0%, which is lower than the industry average of 1.7%. Sustainability & Growth Dividend is well covered by both earnings (34% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has increased by an average of 6.6% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 16% over the next year, which should provide support to the dividend and adequate earnings cover. Tillkännagivande • Apr 25
The Gorman-Rupp Company announces Quarterly dividend, payable on June 10, 2026 The Gorman-Rupp Company announced Quarterly dividend of USD 0.1900 per share payable on June 10, 2026, ex-date on May 15, 2026 and record date on May 15, 2026. Reported Earnings • Apr 24
First quarter 2026 earnings: EPS and revenues exceed analyst expectations First quarter 2026 results: EPS: US$0.68 (up from US$0.46 in 1Q 2025). Revenue: US$176.6m (up 7.7% from 1Q 2025). Net income: US$17.8m (up 47% from 1Q 2025). Profit margin: 10% (up from 7.4% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.5%. Earnings per share (EPS) also surpassed analyst estimates by 30%. Revenue is forecast to grow 5.6% p.a. on average during the next 2 years, compared to a 6.4% growth forecast for the Machinery industry in the US. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has increased by 46% per year, which means it is tracking significantly ahead of earnings growth. Buy Or Sell Opportunity • Apr 23
Now 24% overvalued after recent price rise Over the last 90 days, the stock has risen 42% to US$74.37. The fair value is estimated to be US$59.75, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.8% over the last 3 years. Earnings per share has grown by 40%. Revenue is forecast to grow by 11% in 2 years. Earnings are forecast to grow by 39% in the next 2 years. Tillkännagivande • Mar 24
The Gorman-Rupp Company, Annual General Meeting, Apr 23, 2026 The Gorman-Rupp Company, Annual General Meeting, Apr 23, 2026. Tillkännagivande • Feb 11
The Gorman-Rupp Company to Report Q1, 2026 Results on Apr 23, 2026 The Gorman-Rupp Company announced that they will report Q1, 2026 results on Apr 23, 2026 Upcoming Dividend • Feb 09
Upcoming dividend of US$0.19 per share Eligible shareholders must have bought the stock before 13 February 2026. Payment date: 10 March 2026. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of American dividend payers (4.1%). In line with average of industry peers (1.1%). Reported Earnings • Feb 07
Full year 2025 earnings: Revenues and EPS in line with analyst expectations Full year 2025 results: EPS: US$2.02 (up from US$1.53 in FY 2024). Revenue: US$682.4m (up 3.4% from FY 2024). Net income: US$53.0m (up 32% from FY 2024). Profit margin: 7.8% (up from 6.1% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 3.6% p.a. on average during the next 2 years, compared to a 5.9% growth forecast for the Machinery industry in the US. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Feb 02
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 26% to US$56.38. The fair value is estimated to be US$45.83, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.6% over the last 3 years. Earnings per share has grown by 43%. Revenue is forecast to grow by 7.1% in 2 years. Earnings are forecast to grow by 30% in the next 2 years. Declared Dividend • Jan 26
Third quarter dividend of US$0.19 announced Shareholders will receive a dividend of US$0.19. Ex-date: 13th February 2026 Payment date: 10th March 2026 Dividend yield will be 1.4%, which is lower than the industry average of 1.7%. Sustainability & Growth Dividend is well covered by both earnings (39% earnings payout ratio) and cash flows (24% cash payout ratio). The dividend has increased by an average of 6.6% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 28% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Tillkännagivande • Jan 23
The Gorman-Rupp Company Declares Quarterly Cash Dividend, Payable on March 10, 2026 The Board of Directors of The Gorman-Rupp Company has declared a quarterly cash dividend of $0.19 per share on the common shares of the Company, payable March 10, 2026, to shareholders of record February 13, 2026. Upcoming Dividend • Nov 10
Upcoming dividend of US$0.19 per share Eligible shareholders must have bought the stock before 14 November 2025. Payment date: 10 December 2025. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of American dividend payers (4.6%). Higher than average of industry peers (1.4%). Tillkännagivande • Nov 04
The Gorman-Rupp Company to Report Q4, 2025 Results on Feb 06, 2026 The Gorman-Rupp Company announced that they will report Q4, 2025 results on Feb 06, 2026 Declared Dividend • Oct 27
Third quarter dividend increased to US$0.19 Dividend of US$0.19 is 2.7% higher than last year. Ex-date: 14th November 2025 Payment date: 10th December 2025 Dividend yield will be 1.6%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (39% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has increased by an average of 6.3% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 28% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Price Target Changed • Oct 26
Price target increased by 9.3% to US$59.00 Up from US$54.00, the current price target is an average from 2 analysts. New target price is 27% above last closing price of US$46.57. Stock is up 25% over the past year. The company is forecast to post earnings per share of US$2.01 for next year compared to US$1.53 last year. Tillkännagivande • Oct 24
Gorman-Rupp Announces Increase in Quarterly Cash Dividend, Payable on December 10, 2025 The Board of Directors of The Gorman-Rupp Company declared a quarterly cash dividend of $0.19 per share on the common shares of the Company, payable December 10, 2025, to shareholders of record November 14, 2025. The cash dividend will represent a 2.7% increase over the $0.185 dividend per share paid in the previous quarter. Price Target Changed • Sep 19
Price target increased by 8.0% to US$54.00 Up from US$50.00, the current price target is an average from 2 analysts. New target price is 20% above last closing price of US$44.90. Stock is up 17% over the past year. The company is forecast to post earnings per share of US$2.11 for next year compared to US$1.53 last year. Upcoming Dividend • Aug 11
Upcoming dividend of US$0.18 per share Eligible shareholders must have bought the stock before 15 August 2025. Payment date: 10 September 2025. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of American dividend payers (4.6%). Higher than average of industry peers (1.6%). Declared Dividend • Jul 28
Second quarter dividend of US$0.18 announced Shareholders will receive a dividend of US$0.18. Ex-date: 15th August 2025 Payment date: 10th September 2025 Dividend yield will be 1.8%, which is higher than the industry average of 1.7%. Sustainability & Growth Dividend is well covered by both earnings (37% earnings payout ratio) and cash flows (27% cash payout ratio). The dividend has increased by an average of 6.3% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 12% over the next year, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Jul 27
Second quarter 2025 earnings: EPS and revenues exceed analyst expectations Second quarter 2025 results: EPS: US$0.60 (up from US$0.32 in 2Q 2024). Revenue: US$179.0m (up 5.6% from 2Q 2024). Net income: US$15.8m (up 90% from 2Q 2024). Profit margin: 8.8% (up from 4.9% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.5%. Earnings per share (EPS) also surpassed analyst estimates by 6.2%. Revenue is forecast to grow 3.9% p.a. on average during the next 2 years, compared to a 4.1% growth forecast for the Machinery industry in the US. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Apr 29
The Gorman-Rupp Company to Report Q2, 2025 Results on Jul 25, 2025 The Gorman-Rupp Company announced that they will report Q2, 2025 results on Jul 25, 2025 Declared Dividend • Apr 28
First quarter dividend of US$0.18 announced Shareholders will receive a dividend of US$0.18. Ex-date: 15th May 2025 Payment date: 10th June 2025 Dividend yield will be 2.1%, which is higher than the industry average of 1.7%. Sustainability & Growth Dividend is well covered by both earnings (43% earnings payout ratio) and cash flows (29% cash payout ratio). The dividend has increased by an average of 7.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 19% over the next year, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Apr 25
First quarter 2025 earnings: EPS exceeds analyst expectations First quarter 2025 results: EPS: US$0.46 (up from US$0.30 in 1Q 2024). Revenue: US$163.9m (up 2.9% from 1Q 2024). Net income: US$12.1m (up 54% from 1Q 2024). Profit margin: 7.4% (up from 5.0% in 1Q 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.5%. Revenue is forecast to grow 4.1% p.a. on average during the next 2 years, compared to a 3.3% growth forecast for the Machinery industry in the US. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Apr 08
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 16% to US$31.36. The fair value is estimated to be US$39.44, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 23%. Revenue is forecast to grow by 8.4% in 2 years. Earnings are forecast to grow by 47% in the next 2 years. Tillkännagivande • Mar 02
The Gorman-Rupp Company to Report Q1, 2025 Results on Apr 24, 2025 The Gorman-Rupp Company announced that they will report Q1, 2025 results at 9:30 AM, US Eastern Standard Time on Apr 24, 2025 Reported Earnings • Feb 07
Full year 2024 earnings: Revenues and EPS in line with analyst expectations Full year 2024 results: EPS: US$1.53 (up from US$1.34 in FY 2023). Revenue: US$659.7m (flat on FY 2023). Net income: US$40.1m (up 15% from FY 2023). Profit margin: 6.1% (up from 5.3% in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 3.7% p.a. on average during the next 2 years, compared to a 4.2% growth forecast for the Machinery industry in the US. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Declared Dividend • Jan 29
Third quarter dividend of US$0.18 announced Shareholders will receive a dividend of US$0.18. Ex-date: 14th February 2025 Payment date: 10th March 2025 Dividend yield will be 1.9%, which is higher than the industry average of 1.7%. Sustainability & Growth Dividend is well covered by both earnings (50% earnings payout ratio) and cash flows (27% cash payout ratio). The dividend has increased by an average of 7.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 46% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Buy Or Sell Opportunity • Jan 10
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 7.9% to US$35.84. The fair value is estimated to be US$45.69, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Earnings per share has grown by 14%. Revenue is forecast to grow by 7.0% in 2 years. Earnings are forecast to grow by 51% in the next 2 years. Tillkännagivande • Jan 08
The Gorman-Rupp Company to Report Q4, 2024 Results on Feb 07, 2025 The Gorman-Rupp Company announced that they will report Q4, 2024 results on Feb 07, 2025 Upcoming Dividend • Nov 11
Upcoming dividend of US$0.18 per share Eligible shareholders must have bought the stock before 15 November 2024. Payment date: 10 December 2024. Payout ratio is a comfortable 50% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of American dividend payers (4.4%). Higher than average of industry peers (1.5%). Declared Dividend • Oct 28
Third quarter dividend increased to US$0.18 Dividend of US$0.18 is 2.8% higher than last year. Ex-date: 15th November 2024 Payment date: 10th December 2024 Dividend yield will be 1.9%, which is higher than the industry average of 1.7%. Sustainability & Growth Dividend is well covered by both earnings (49% earnings payout ratio) and cash flows (26% cash payout ratio). The dividend has increased by an average of 7.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 46% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Oct 26
Third quarter 2024 earnings: EPS and revenues miss analyst expectations Third quarter 2024 results: EPS: US$0.49 (up from US$0.34 in 3Q 2023). Revenue: US$168.2m (flat on 3Q 2023). Net income: US$12.9m (up 44% from 3Q 2023). Profit margin: 7.7% (up from 5.4% in 3Q 2023). Revenue missed analyst estimates by 2.5%. Earnings per share (EPS) also missed analyst estimates by 5.8%. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Machinery industry in the US. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Oct 26
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 9.1% to US$37.36. The fair value is estimated to be US$47.26, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Earnings per share has grown by 14%. Revenue is forecast to grow by 7.3% in 2 years. Earnings are forecast to grow by 51% in the next 2 years. Tillkännagivande • Oct 25
Gorman-Rupp Announces Increase in Quarterly Cash Dividend, Payable on December 10, 2024 The Board of Directors of The Gorman-Rupp Company has declared a quarterly cash dividend of $0.185 per share on the common shares of the Company, payable December 10, 2024, to shareholders of record November 15, 2024. The cash dividend will represent a 2.8% increase over the $0.18 dividend per share paid in the previous quarter. Tillkännagivande • Aug 29
Gorman-Rupp Introduces the 6400 Seriestm Standard and Vortex End Suction Pumps Gorman-Rupp announced the release of its new 6400 Seriestm standard and vortex end suction pumps. This new product line offers robust performance and reliability, tailored for municipal, industrial, construction, and agricultural applications. The 6400 Series includes standard end suction pumps in 2, 3, and 4 sizes, and vortex end suction pumps in 4 and 6 sizes. These pumps are designed to use the proven Super T Series rotating assemblies, complemented by a newly designed end suction casing. With the same footprint as the Super T Series®, the 6400 Series is an easy integration for customers already using Gorman-Rupp's popular Super T Series products. These pumps can also be equipped with the Eradicator® or Eradicator Plustm solids management technologies for dealing with tough, stringy solids. The 6400 Series was developed to offer a cost-effective alternative to the Super T Series for flooded suction applications. Utilizing the Super T Series rotating assembly, a trusted industry standard since the 1960s, these pumps promise high reliability and performance. The use of interchangeable parts means customers can reduce maintenance costs and inventory complexity by leveraging existing spare parts and assemblies. Target Applications: The 6400 Series is ideal for a wide range of applications across the municipal, industrial, construction, and agricultural sectors. From managing wastewater to handling abrasive sludges in plants, these pumps deliver dependable and efficient performance. Tillkännagivande • Jul 30
The Gorman-Rupp Company to Report Q3, 2024 Results on Oct 25, 2024 The Gorman-Rupp Company announced that they will report Q3, 2024 results on Oct 25, 2024 Declared Dividend • Jul 29
Second quarter dividend of US$0.18 announced Shareholders will receive a dividend of US$0.18. Ex-date: 15th August 2024 Payment date: 10th September 2024 Dividend yield will be 1.8%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (55% earnings payout ratio) and cash flows (24% cash payout ratio). The dividend has increased by an average of 7.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 28% over the next year, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Jul 28
Second quarter 2024 earnings: EPS and revenues miss analyst expectations Second quarter 2024 results: EPS: US$0.32 (down from US$0.40 in 2Q 2023). Revenue: US$169.5m (flat on 2Q 2023). Net income: US$8.34m (down 20% from 2Q 2023). Profit margin: 4.9% (down from 6.1% in 2Q 2023). Revenue missed analyst estimates by 3.8%. Earnings per share (EPS) also missed analyst estimates by 4.5%. Revenue is forecast to grow 3.4% p.a. on average during the next 2 years, compared to a 3.5% growth forecast for the Machinery industry in the US. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 5% per year. Price Target Changed • Jul 26
Price target increased by 15% to US$50.00 Up from US$43.50, the current price target is an average from 2 analysts. New target price is 22% above last closing price of US$41.11. Stock is up 34% over the past year. The company is forecast to post earnings per share of US$1.62 for next year compared to US$1.34 last year. Tillkännagivande • Jul 26
Gorman-Rupp Company Declares Quarterly Cash Dividend on Common Stock, Payable on September 10, 2024 The Board of Directors of The Gorman-Rupp Company has declared a quarterly cash dividend of $0.18 per share on the common stock of the Company, payable September 10, 2024, to shareholders of record August 15, 2024. Buy Or Sell Opportunity • Jul 17
Now 21% undervalued Over the last 90 days, the stock has risen 13% to US$40.61. The fair value is estimated to be US$51.42, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 26% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 5.9% in a year. Earnings are forecast to grow by 19% in the next year. Tillkännagivande • Jul 03
The Gorman-Rupp Company(NYSE:GRC) dropped from Russell 2000 Value-Defensive Index The Gorman-Rupp Company(NYSE:GRC) dropped from Russell 2000 Value-Defensive Index Tillkännagivande • May 22
The Gorman-Rupp Company to Report Q2, 2024 Results on Jul 26, 2024 The Gorman-Rupp Company announced that they will report Q2, 2024 results on Jul 26, 2024 Board Change • May 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 4 highly experienced directors. President, CEO & Director Scott King was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Declared Dividend • Apr 29
First quarter dividend of US$0.18 announced Shareholders will receive a dividend of US$0.18. Ex-date: 14th May 2024 Payment date: 10th June 2024 Dividend yield will be 2.1%, which is higher than the industry average of 1.7%. Sustainability & Growth Dividend is covered by both earnings (51% earnings payout ratio) and cash flows (26% cash payout ratio). The dividend has increased by an average of 8.4% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 18% over the next year, which should provide support to the dividend and adequate earnings cover. Tillkännagivande • Apr 27
The Gorman-Rupp Company Declares Quarterly Cash Dividend, Payable June 10, 2024 The Board of Directors of The Gorman-Rupp Company has declared a quarterly cash dividend of $0.18 per share on the common stock of the Company, payable June 10, 2024, to shareholders of record May 15, 2024. This will mark the 297th consecutive quarterly dividend paid by The Gorman-Rupp Company. Reported Earnings • Apr 25
First quarter 2024 earnings: EPS and revenues miss analyst expectations First quarter 2024 results: EPS: US$0.30 (up from US$0.25 in 1Q 2023). Revenue: US$159.3m (flat on 1Q 2023). Net income: US$7.88m (up 21% from 1Q 2023). Profit margin: 5.0% (up from 4.1% in 1Q 2023). Revenue missed analyst estimates by 5.5%. Earnings per share (EPS) also missed analyst estimates by 12%. Revenue is forecast to grow 5.1% p.a. on average during the next 2 years, compared to a 3.5% growth forecast for the Machinery industry in the US. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 4% per year. Upcoming Dividend • Feb 07
Upcoming dividend of US$0.18 per share at 2.1% yield Eligible shareholders must have bought the stock before 14 February 2024. Payment date: 08 March 2024. Payout ratio is a comfortable 53% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of American dividend payers (4.8%). Higher than average of industry peers (1.7%). Reported Earnings • Feb 04
Full year 2023 earnings: EPS exceeds analyst expectations Full year 2023 results: EPS: US$1.34 (up from US$0.43 in FY 2022). Revenue: US$659.5m (up 27% from FY 2022). Net income: US$35.0m (up 212% from FY 2022). Profit margin: 5.3% (up from 2.1% in FY 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 8.5%. Revenue is forecast to grow 4.5% p.a. on average during the next 2 years, compared to a 3.2% growth forecast for the Machinery industry in the US. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Tillkännagivande • Feb 03
The Gorman-Rupp Company to Report Q1, 2024 Results on Apr 25, 2024 The Gorman-Rupp Company announced that they will report Q1, 2024 results on Apr 25, 2024 Declared Dividend • Jan 29
Third quarter dividend of US$0.18 announced Shareholders will receive a dividend of US$0.18. Ex-date: 14th February 2024 Payment date: 8th March 2024 Dividend yield will be 2.1%, which is higher than the industry average of 1.7%. Sustainability & Growth Dividend is covered by both earnings (64% earnings payout ratio) and cash flows (38% cash payout ratio). The dividend has increased by an average of 8.4% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 55% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Tillkännagivande • Jan 28
The Gorman-Rupp Company, Annual General Meeting, Apr 25, 2024 The Gorman-Rupp Company, Annual General Meeting, Apr 25, 2024, at 10:00 US Eastern Standard Time. Tillkännagivande • Jan 26
Gorman-Rupp Company Declares Cash Dividend, Payable on March 8, 2024 The Board of Directors of The Gorman-Rupp Company has declared a quarterly cash dividend of $0.18 per share on the common shares of the Company, payable March 8, 2024, to shareholders of record February 15, 2024. Tillkännagivande • Dec 11
The Gorman-Rupp Company to Report Q4, 2023 Results on Feb 02, 2024 The Gorman-Rupp Company announced that they will report Q4, 2023 results on Feb 02, 2024 Upcoming Dividend • Nov 07
Upcoming dividend of US$0.18 per share at 2.3% yield Eligible shareholders must have bought the stock before 14 November 2023. Payment date: 08 December 2023. Payout ratio is a comfortable 64% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of American dividend payers (5.1%). Higher than average of industry peers (1.8%). Tillkännagivande • Oct 28
Gorman-Rupp Announces Increase in Quarterly Cash Dividend, Payable on December 8, 2023 The Board of Directors of The Gorman-Rupp Company has declared a quarterly cash dividend of $0.18 per share on the common shares of the Company, payable December 8, 2023, to shareholders of record November 15, 2023. The cash dividend will represent a 2.9% increase over the $0.175 dividend per share paid in the previous quarter. Reported Earnings • Oct 28
Third quarter 2023 earnings released: EPS: US$0.34 (vs US$0.085 in 3Q 2022) Third quarter 2023 results: EPS: US$0.34 (up from US$0.085 in 3Q 2022). Revenue: US$167.5m (up 8.9% from 3Q 2022). Net income: US$8.98m (up 304% from 3Q 2022). Profit margin: 5.4% (up from 1.4% in 3Q 2022). Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Machinery industry in the US. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Price Target Changed • Oct 28
Price target increased by 14% to US$43.50 Up from US$38.00, the current price target is an average from 2 analysts. New target price is 41% above last closing price of US$30.91. Stock is up 13% over the past year. The company is forecast to post earnings per share of US$1.24 for next year compared to US$0.43 last year. Upcoming Dividend • Aug 07
Upcoming dividend of US$0.17 per share at 2.1% yield Eligible shareholders must have bought the stock before 14 August 2023. Payment date: 08 September 2023. Payout ratio and cash payout ratio are on the higher end at 84% and 82% respectively. Trailing yield: 2.1%. Lower than top quartile of American dividend payers (4.7%). Higher than average of industry peers (1.7%).