Rocky Brands (NASDAQ:RCKY) Issues Quarterly Earnings Results

Posted by Bonnie Powley on Feb 27th, 2025

Rocky Brands (NASDAQ:RCKY – Get Free Report) announced its earnings results on Tuesday. The textile maker reported $1.19 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.21 by ($0.02), Zacks reports. The business had revenue of $128.05 million for the quarter, compared to analyst estimates of $125.44 million. Rocky Brands had a return on equity of 7.74% and a net margin of 2.94%.

Rocky Brands Trading Down 3.9 %

Shares of RCKY traded down $0.81 on Thursday, hitting $20.20. 3,979 shares of the stock traded hands, compared to its average volume of 36,015. Rocky Brands has a 1 year low of $19.65 and a 1 year high of $40.14. The stock’s 50 day moving average is $23.62 and its two-hundred day moving average is $25.74. The firm has a market capitalization of $150.58 million, a P/E ratio of 11.37 and a beta of 2.10. The company has a quick ratio of 0.93, a current ratio of 2.79 and a debt-to-equity ratio of 0.62.

Rocky Brands Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Monday, March 3rd will be given a $0.155 dividend. This represents a $0.62 dividend on an annualized basis and a dividend yield of 3.07%. The ex-dividend date of this dividend is Monday, March 3rd. Rocky Brands’s dividend payout ratio is presently 34.83%.

Analyst Upgrades and Downgrades

RCKY has been the subject of several research reports. Robert W. Baird cut their price objective on Rocky Brands from $32.00 to $25.00 and set a “neutral” rating for the company in a research report on Thursday, October 31st. StockNews.com cut Rocky Brands from a “buy” rating to a “hold” rating in a report on Saturday, February 8th.

View Our Latest Stock Analysis on RCKY

About Rocky Brands

(Get Free Report)

Rocky Brands, Inc designs, manufactures, and markets footwear and apparel in the United States, Canada, and internationally. It operates through Wholesale, Retail, and Contract Manufacturing segments. The Wholesale segment offers products, which includes sporting goods stores, outdoor retailers, independent shoe retailers, hardware stores, catalogs, mass merchants, uniform stores, farm store chains, specialty safety stores, specialty retailers, and online retailers in retail locations through a range of distribution channels.