|Bid||60.00 x 800|
|Ask||70.00 x 800|
|Day's Range||60.05 - 62.71|
|52 Week Range||43.00 - 70.00|
|Beta (3Y Monthly)||-0.25|
|PE Ratio (TTM)||22.24|
|Earnings Date||Oct 31, 2018|
|Forward Dividend & Yield||1.36 (2.13%)|
|1y Target Est||67.00|
Sturm, Ruger & Company, Inc. (RGR) will announce its financial results for the third quarter and file its Quarterly Report on Form 10-Q on Wednesday, October 31, 2018, after the close of the stock market. On Thursday, November 1, 2018, Sturm, Ruger will host a webcast at 9:00 a.m. ET to discuss the third quarter operating results. Sturm, Ruger & Co., Inc. is one of the nation’s leading manufacturers of rugged, reliable firearms for the commercial sporting market.
A coalition of religious investors, led by the Sisters of the Holy Names of Jesus and Mary, won a proxy vote last week to require the maker of Smith & Wesson weapons to detail its efforts to make safer guns and report on gun-related violence and financial and reputational risks. While BlackRock CEO Larry Fink may preach conscious capitalism, the coalition—the Interfaith Center on Corporate Responsibility, or ICCR, a group of 300 some religious investors—is proving more potent. Religious investors usually avoid owning shares of gun makers.
The San Francisco-based bank last week issued a $40 million line of credit to gun manufacturer Sturm, Ruger & Co., according to financial filings. No other bank lent more to the industry over that time, according to data compiled by Bloomberg. “This is shocking news because we are in sustained dialogue with Wells Fargo,” said Nora Nash, a sister at St. Francis of Philadelphia who was at the meeting as a member of the Interfaith Center on Corporate Responsibility.
Attractive stocks have exceptional fundamentals. In the case of Sturm Ruger & Company Inc (NYSE:RGR), there’s is a company with strong financial health as well as an optimistic future outlook. Read More...
NEW YORK, Sept. 28, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of ...
Investors in American Outdoor Brands Corp. on Tuesday won a shareholder vote urging the top U.S. firearm maker to do more to address gun violence. Nearly 70% of investors in Sturm, Ruger & Co. backed a similar shareholder proposal at that company in May. The percentage of shareholders who backed the proposal at American will be disclosed in later financial filings.
Proxy services have backed activist investors pushing for a report on gun violence and "smart gun" technology.
The Interfaith Center on Corporate Responsibility won a resolution on gun safety at American Outdoor Brand's annual shareholder meeting, the same resolution it successfully passed at Sturm Ruger earlier this year. The group wants Smith & Wesson's parent company to make a report on whether it is adequately addressing the risks that its products are associated with gun violence and to show evidence it is exploring ways to make safer guns. The maker of Smith & Wesson firearms lost a prolonged fight with religious groups and other shareholders who have been pushing it to consider a plan to help reduce the harmful effects of its products.
Abdiel Capital Advisors is an activist hedge fund and the second best performing hedge fund in our database; it was co-founded by Colin Moran, its current managing partner, who holds a B.A. in History and Economics from Duke University, an M.St. in Modern History from Oxford University and a J.D. from Stanford Law School. Before […]
Proxy adviser Institutional Shareholder Services on Friday recommended that investors vote in favor of a shareholder proposal at American Outdoor Brands Corp, parent of gun maker Smith & Wesson, calling for a report on the safety of the company's products. In a report e-mailed by an ISS spokesman, the leading proxy adviser also recommended that investors support all 10 director nominees at American Outdoor's online-only shareholder meeting on Sept. 25. The proposal was submitted by religious investors.
This article is intended for those of you who are at the beginning of your investing journey and want to start learning about core concepts of fundamental analysis on practicalRead More...
Funds run by BlackRock Inc and Vanguard Group backed all directors at gunmaker Sturm Ruger & Co Inc despite the company's rare rejection of talks with the world's top asset managers, disclosures to regulators on Thursday showed. The votes by the gunmaker's largest investors stood in contrast to support BlackRock and Vanguard gave to a measure calling on Sturm Ruger to report on the safety of its products, which passed over the board's objections at the company's annual meeting on May 9. Neither BlackRock nor Vanguard would discuss in detail their votes at the meeting.
Funds run by BlackRock Inc (BLK.N) and Vanguard Group backed all directors at gunmaker Sturm Ruger & Co Inc (RGR.N) despite the company's rare rejection of talks with the world's top asset managers, disclosures to regulators on Thursday showed. The votes by the gunmaker's largest investors stood in contrast to support BlackRock and Vanguard gave to a measure calling on Sturm Ruger to report on the safety of its products, which passed over the board's objections at the company's annual meeting on May 9. Neither BlackRock nor Vanguard would discuss in detail their votes at the meeting.
Defense Distributed, the Texas company known for releasing plans for a single-shot plastic pistol named “The Liberator,” is in a legal battle with several states, cities and gun reform groups over whether the blueprint for the gun should be allowed online. The Obama administration banned the plans from being posted, but the Trump administration reversed that decision in July. On Tuesday, hours before The Liberator was set to be made available to anyone with a computer and a 3-D printer, a federal judge in Seattle granted a temporary nationwide injunction preventing Defense Distributed from moving forward.
Thanks to a surging bottom line, shares of Sturm, Ruger are moving higher, but tariffs could cause problems in the near term.
Background checks, a rough gauge of firearms sales, rose on a year-ago basis in each of the five months from February through June. July numbers are not yet available.
Steel tariffs have indirectly impacted Sturm, Ruger & Co., the company said during an earnings call on Thursday. “We’ve been sourcing our steel domestically for decades,” Sturm Ruger chief executive officer Christopher J. Killoy said during the call. As a result, Sturm Ruger’s purchasing staff have been working more closely with steel suppliers to maintain the inventory necessary for firearms production.
NEW YORK, NY / ACCESSWIRE / August 2, 2018 / Sturm, Ruger & Company, Inc. (NYSE: RGR ) will be discussing their earnings results in their Q2 Earnings Call to be held on August 2, 2018 at 9:00 AM Eastern ...
The Southport, Connecticut-based company said it had profit of 86 cents per share. The firearm maker posted revenue of $128.4 million in the period. Sturm Ruger shares have fallen nearly 5 percent since ...