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Sturm Ruger & Co. (NYSE:RGR) declared a quarterly dividend on Tuesday, February 25th, American Banking and Market News reports. Investors of record on Friday, March 14th will be given a dividend of 0.54 per share on Friday, March 28th. This represents a $2.16 dividend on an annualized basis and a yield of 3.20%.

RGR has been the subject of a number of recent research reports. Analysts at Zacks upgraded shares of Sturm Ruger & Co. from a “neutral” rating to an “outperform” rating in a research note on Wednesday, February 5th. They now have a $85.90 price target on the stock. On a related note, analysts at CRT Capital initiated coverage on shares of Sturm Ruger & Co. in a research note on Tuesday, January 7th. They set a “buy” rating and a $85.00 price target on the stock.

Shares of Sturm Ruger & Co. (NYSE:RGR) traded up 1.15% on Tuesday, hitting $68.37. 665,722 shares of the company’s stock traded hands. Sturm Ruger & Co. has a 1-year low of $44.76 and a 1-year high of $85.93. The stock has a 50-day moving average of $75.54 and a 200-day moving average of $68.09. The company has a market cap of $1.323 billion and a price-to-earnings ratio of 12.80.

Sturm Ruger & Co. (NYSE:RGR) last announced its earnings results on Tuesday, February 25th. The company reported $1.33 EPS for the quarter, missing the Thomson Reuters consensus estimate of $1.38 by $0.05. The company had revenue of $188.90 million for the quarter, compared to the consensus estimate of $179.15 million. On average, analysts predict that Sturm Ruger & Co. will post $5.64 earnings per share for the current fiscal year.

Sturm, Ruger & Company, Inc is engaged in the design, manufacture, and sale of firearms to domestic customers.

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