Camping World Holdings, Inc. (NYSE:CWH) Plans Quarterly Dividend of $0.13

Camping World Holdings, Inc. (NYSE:CWH) announced a quarterly dividend on Friday, February 21st, NASDAQ Dividends reports. Shareholders of record on Friday, March 14th will be paid a dividend of 0.125 per share on Thursday, March 27th. This represents a $0.50 annualized dividend and a yield of 2.46%. The ex-dividend date is Friday, March 14th.

Camping World has decreased its dividend payment by an average of 28.0% per year over the last three years. Camping World has a payout ratio of 28.7% indicating that its dividend is sufficiently covered by earnings. Analysts expect Camping World to earn $0.78 per share next year, which means the company should continue to be able to cover its $0.50 annual dividend with an expected future payout ratio of 64.1%.

Camping World Price Performance

Shares of NYSE:CWH traded down $1.02 during trading on Friday, reaching $20.30. 1,258,830 shares of the company’s stock traded hands, compared to its average volume of 1,072,739. Camping World has a fifty-two week low of $17.29 and a fifty-two week high of $28.72. The company has a quick ratio of 0.19, a current ratio of 1.23 and a debt-to-equity ratio of 9.67. The firm has a market cap of $1.72 billion, a PE ratio of -29.41, a P/E/G ratio of 0.92 and a beta of 2.49. The company has a 50-day simple moving average of $22.13 and a 200-day simple moving average of $22.50.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. StockNews.com upgraded shares of Camping World from a “sell” rating to a “hold” rating in a report on Thursday, November 14th. Roth Mkm restated a “buy” rating and issued a $28.00 price target (up previously from $26.00) on shares of Camping World in a research note on Wednesday, October 30th. Bank of America began coverage on shares of Camping World in a research report on Thursday, December 19th. They set a “buy” rating and a $30.00 price objective for the company. Raymond James raised shares of Camping World from a “market perform” rating to an “outperform” rating and set a $27.00 price objective for the company in a research report on Wednesday, October 30th. Finally, KeyCorp lifted their price objective on shares of Camping World from $25.00 to $27.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 30th. Two analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat.com, Camping World currently has a consensus rating of “Moderate Buy” and an average price target of $27.71.

About Camping World

Camping World Holdings, Inc, together its subsidiaries, retails recreational vehicles (RVs), and related products and services in the United States. It operates in two segments, Good Sam Services and Plans; and RV and Outdoor Retail. The company provides a portfolio of services, protection plans, products, and resources in the RV industry.