Rev Group Inc (REVG) Announces $0.05 Monthly Dividend

Rev Group Inc (NYSE:REVG) announced a monthly dividend on Tuesday, December 19th, Zacks reports. Stockholders of record on Friday, January 26th will be paid a dividend of 0.05 per share on Wednesday, February 28th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.88%. The ex-dividend date is Thursday, January 25th.

Shares of Rev Group (NYSE REVG) opened at $31.92 on Friday. The company has a market capitalization of $2,020.60 and a PE ratio of 37.06. Rev Group has a twelve month low of $23.38 and a twelve month high of $33.15. The company has a quick ratio of 0.67, a current ratio of 1.77 and a debt-to-equity ratio of 0.40.

Rev Group (NYSE:REVG) last issued its quarterly earnings results on Tuesday, December 19th. The company reported $0.44 EPS for the quarter, missing analysts’ consensus estimates of $0.45 by ($0.01). The firm had revenue of $683.90 million during the quarter, compared to the consensus estimate of $705.73 million. Rev Group had a net margin of 1.38% and a return on equity of 12.17%. The business’s revenue for the quarter was up 25.5% compared to the same quarter last year. sell-side analysts anticipate that Rev Group will post 1.67 EPS for the current year.

REVG has been the topic of a number of research reports. Stifel Nicolaus boosted their price target on Rev Group from $33.00 to $36.00 and gave the company a “buy” rating in a report on Thursday, December 21st. SunTrust Banks initiated coverage on Rev Group in a report on Friday, November 17th. They issued a “buy” rating and a $33.00 price target on the stock. Finally, Zacks Investment Research lowered Rev Group from a “buy” rating to a “hold” rating in a report on Friday, November 3rd. Four investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of $33.70.

In related news, Director Joel M. Rotroff sold 985 shares of the company’s stock in a transaction dated Friday, October 27th. The stock was sold at an average price of $26.09, for a total transaction of $25,698.65. Following the sale, the director now owns 3,205 shares in the company, valued at $83,618.45. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

TRADEMARK VIOLATION WARNING: This report was first published by American Banking News and is owned by of American Banking News. If you are reading this report on another website, it was illegally stolen and reposted in violation of United States and international trademark and copyright laws. The legal version of this report can be read at

Rev Group Company Profile

REV Group, Inc is a designer, manufacturer and distributor of specialty vehicles and related aftermarket parts and services. The Company operates through three segments: Fire & Emergency, Commercial and Recreation. The Company provides customized vehicle solutions for applications, including essential needs (ambulances, fire apparatus, school buses, mobility vans and municipal transit buses), industrial and commercial (terminal trucks, cut-away buses and street sweepers) and consumer leisure (recreational vehicles (RVs) and luxury buses).

Receive News & Ratings for Rev Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rev Group and related companies with's FREE daily email newsletter.

Leave a Reply