Rocky Mountain Chocolate Factory, Inc. (NASDAQ:RMCF) announced its quarterly earnings data on Monday. The company reported $0.12 earnings per share (EPS) for the quarter. Rocky Mountain Chocolate Factory had a net margin of 13.25% and a return on equity of 35.66%. The business had revenue of $10.36 million during the quarter.

Shares of Rocky Mountain Chocolate Factory (NASDAQ:RMCF) opened at 11.34 on Tuesday. Rocky Mountain Chocolate Factory has a one year low of $9.50 and a one year high of $13.23. The stock has a market capitalization of $66.38 million, a price-to-earnings ratio of 13.11 and a beta of 0.75. The firm’s 50-day moving average is $12.00 and its 200-day moving average is $11.03.

Earnings History for Rocky Mountain Chocolate Factory (NASDAQ:RMCF)

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 16th. Shareholders of record on Tuesday, June 6th will be issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 4.23%. The ex-dividend date is Friday, June 2nd. Rocky Mountain Chocolate Factory’s dividend payout ratio (DPR) is currently 55.81%.

Several hedge funds and other institutional investors have recently made changes to their positions in RMCF. Renaissance Technologies LLC increased its position in shares of Rocky Mountain Chocolate Factory by 4.1% in the first quarter. Renaissance Technologies LLC now owns 508,070 shares of the company’s stock valued at $5,731,000 after buying an additional 19,885 shares during the last quarter. Morgan Stanley increased its position in shares of Rocky Mountain Chocolate Factory by 4.1% in the first quarter. Morgan Stanley now owns 34,363 shares of the company’s stock valued at $388,000 after buying an additional 1,357 shares during the last quarter. Dimensional Fund Advisors LP increased its position in shares of Rocky Mountain Chocolate Factory by 1.0% in the first quarter. Dimensional Fund Advisors LP now owns 184,231 shares of the company’s stock valued at $2,078,000 after buying an additional 1,871 shares during the last quarter. Vanguard Group Inc. increased its position in shares of Rocky Mountain Chocolate Factory by 0.6% in the first quarter. Vanguard Group Inc. now owns 194,308 shares of the company’s stock valued at $2,192,000 after buying an additional 1,132 shares during the last quarter. Finally, O Shaughnessy Asset Management LLC increased its position in shares of Rocky Mountain Chocolate Factory by 59.8% in the first quarter. O Shaughnessy Asset Management LLC now owns 9,526 shares of the company’s stock valued at $107,000 after buying an additional 3,565 shares during the last quarter. 37.73% of the stock is owned by institutional investors and hedge funds.

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Rocky Mountain Chocolate Factory Company Profile

Rocky Mountain Chocolate Factory, Inc is an international franchisor, confectionery manufacturer and retail operator. The Company’s subsidiary, U-Swirl International, Inc (U-Swirl), franchises and operates soft-serve frozen yogurt stores. The Company operates through five segments: Franchising, Manufacturing, Retail Stores, U-Swirl operations and Other.

12 Month Chart for NASDAQ:RMCF

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