Gorman-Rupp (GRC) to Release Earnings on Thursday

Gorman-Rupp (NYSE:GRC) is projected to announce its Q1 2025 earnings results before the market opens on Thursday, April 24th. Analysts expect Gorman-Rupp to post earnings of $0.44 per share and revenue of $164.84 million for the quarter.

Gorman-Rupp (NYSE:GRC) last announced its quarterly earnings data on Friday, February 7th. The industrial products company reported $0.42 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.45 by ($0.03). Gorman-Rupp had a net margin of 6.08% and a return on equity of 12.79%. During the same quarter in the prior year, the firm earned $0.34 earnings per share. On average, analysts expect Gorman-Rupp to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Gorman-Rupp Stock Down 3.3 %

NYSE GRC opened at $32.35 on Tuesday. Gorman-Rupp has a fifty-two week low of $30.47 and a fifty-two week high of $43.79. The business has a fifty day moving average price of $36.15 and a two-hundred day moving average price of $38.17. The company has a debt-to-equity ratio of 0.99, a current ratio of 2.39 and a quick ratio of 1.38. The stock has a market capitalization of $848.48 million, a PE ratio of 21.14, a PEG ratio of 1.54 and a beta of 1.05.

Gorman-Rupp Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 10th. Investors of record on Friday, February 14th were given a dividend of $0.185 per share. The ex-dividend date was Friday, February 14th. This represents a $0.74 annualized dividend and a dividend yield of 2.29%. Gorman-Rupp’s dividend payout ratio is currently 48.37%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised Gorman-Rupp from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, February 25th.

Gorman-Rupp Company Profile

The Gorman-Rupp Company designs, manufactures, and sells pumps and pump systems in the United States and internationally. The company’s products include self-priming centrifugal, standard centrifugal, magnetic drive centrifugal, axial and mixed flow, vertical turbine line shaft, submersible, high-pressure booster, rotary gear, diaphragm, bellows, and oscillating pumps.