|Bid||42.08 x 800|
|Ask||47.18 x 1400|
|Day's Range||41.87 - 42.87|
|52 Week Range||39.31 - 70.00|
|Beta (3Y Monthly)||0.83|
|PE Ratio (TTM)||18.39|
|Earnings Date||Oct 29, 2019 - Nov 4, 2019|
|Forward Dividend & Yield||0.56 (1.25%)|
|1y Target Est||67.00|
Democratic candidate for President, Marianne Williamson, speaks with Yahoo Finance's Adam Shapiro at LaGuardia Airport.
Shares of Sturm Ruger & Co. and Smith & Wesson parent American Outdoor Brands Corp. rose Friday, putting them on track to snap relatively long streaks this year, after rival firearm maker Colt indicated it would stop manufacturing "modern sporting rifles"\--Colt makes AR-15 assault rifles--for the consumer market the foreseeable future. Colt said Thursday that while it remained committed to the Second Amendment, it believes it is "good sense to follow consumer demand" and adjust to changing market dynamics. "The fact of the matter is that over the last few years, the market for modern sporting rifles has experienced significant excess manufacturing capacity," Colt said in a statement. "Given this level of manufacturing capacity, we believe there is adequate supply for modern sporting rifles for the foreseeable future." Sturm Ruger's stock gained 0.4%, after falling 5.0% over a six-session losing streak, the longest such stretch since it fell for eight straight sessions to Nov. 20, 2018. American Outdoor shares climbed 1.2%, after falling 13% over the previous five sessions, the longest losing streak since the six-day stretch ending June 3. Sturm Ruger's stock has lost 20% year to date and American Outdoor shares have tumbled 52%, while the S&P 500 has rallied 20%.
We often see insiders buying up shares in companies that perform well over the long term. The flip side of that is...
Two Vanguard ETFs that aim to invest using environmental, social and governance (ESG) criteria are getting rid of 29 stocks, including gun maker (RGR) fast food purveyor (YUM) private prison operator Geo Group, and media company News Corp. Vanguard told shareholders the companies were included incorrectly in an ESG index designed by FTSE Russell.
We all make mistakes, even investment fund giants, as Vanguard has admitted it placed gun stocks in a gun-free index. Oops Daisy As reported by Bloomberg, Vanguard bought stock in gun manufacturer Sturm Ruger & Co and mistakenly placed it in their ESG index for more than a month, which typically does not include stocks from companies that sell guns or ammunition. Index Exposure Vanguard developed the Vanguard US ESG Stock ETF to help facilitate investing in companies that meet the criteria for ESG investing, which is a way for investors to buy shares in companies or funds that meet certain ethical benchmarks. Their fund is tied to the FTSE Russell’s US All Cap Choice index, which, in theory, does not include gun manufacturers or non-renewable energy companies. The Russell index was rebalanced in June, and accidently included 11 stocks that don’t qualify as ESG. In addition to 219 shares of Sturm Ruger worth about $9,000, the index also included shares in non-ESG companies such as private prison operator Geo Group Inc. and defense contractor Halliburton Co. Vanguard spokesman Freddy Martino apologized to shareholders for the error. Passive Aggressive Index funds, more or less created by Vanguard founder Jack Bogle, are so popular that they may one day control the stock market. ESG index funds will likely continue to explode in popularity as well, as Wall Street scrambles to appease millennial investors. But, as Vanguard’s mishap shows, passive investing continues to have holes when it comes to meeting the complexities of ESG that might take a human being at the wheel to maneuver. More good news for money managers. -Michael Tedder Photo: Joshua Roberts / RUETERS
In the wake of two mass shootings last weekend, 2020 presidential candidate Marianne Williamson is calling to renew a ban on assault weapons.
Readers hoping to buy Sturm, Ruger & Company, Inc. (NYSE:RGR) for its dividend will need to make their move shortly...
Despite little evidence, the GOP blamed video games for encouraging violence after mass shootings in Dayton, Ohio and El Paso, Texas.
Shares of shooting sports companies surged Monday, bucking the sharp selloff in the broader stock market, after President Trump tweeted about pushing for stronger background checks for gun buyers in the wake of the tragic events over the weekend.
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29 Murdered Over the Weekend in Two Shooting Attacks It was a terrible weekend in the United States as two separate shooting attacks occurred less than 24 hours apart. The first occurred in a Walmart (NYSE:WMT) in El Paso, Texas, where a 21-year-old shooter murdered 20 people. He has been apprehended by police. He had […]The post Market Morning: Weekend Massacres, Iran Strikes Again, US Blames China, Gold & Bitcoin Pop appeared first on Market Exclusive.
Sturm, Ruger & Co. Inc. shares fell 8.4% in the extended session Wednesday after the company reported declining year-over-year sales for the second quarter. The gun maker reported second-quarter net income of $6.2 million, or 35 cents a share, compared with $15.2 million, or 86 cents a share, in the year-ago period. Revenue fell to $96.3 million from $128.4 million in the year-ago period. According to FactSet, no analysts cover the company. Sturm Ruger stock has gained 6% this year, with the S&P 500 index rising 20.2%.
Could Sturm, Ruger & Company, Inc. (NYSE:RGR) be an attractive dividend share to own for the long haul? Investors are...