Ruth’s Hospitality Group, Inc. (NASDAQ:RUTH) declared a dividend on Tuesday, October 22nd, Fidelity reports. Investors of record on Thursday, November 21st will be paid a dividend of 0.13 per share by the restaurant operator on Thursday, December 5th. The ex-dividend date of this dividend is Wednesday, November 20th. This is a boost from Ruth’s Hospitality Group’s previous dividend of $0.06.
NASDAQ RUTH traded up $0.15 during trading hours on Monday, reaching $23.38. The company’s stock had a trading volume of 563 shares, compared to its average volume of 302,980. The firm has a fifty day simple moving average of $21.17 and a 200-day simple moving average of $21.94. The stock has a market cap of $710.39 million, a P/E ratio of 16.82, a P/E/G ratio of 1.27 and a beta of 0.61. Ruth’s Hospitality Group has a 52 week low of $18.60 and a 52 week high of $27.14. The company has a debt-to-equity ratio of 3.39, a current ratio of 0.36 and a quick ratio of 0.26.
Ruth’s Hospitality Group (NASDAQ:RUTH) last issued its quarterly earnings data on Friday, November 1st. The restaurant operator reported $0.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.09 by $0.06. The business had revenue of $103.01 million during the quarter, compared to analyst estimates of $102.19 million. Ruth’s Hospitality Group had a net margin of 9.26% and a return on equity of 45.15%. The firm’s quarterly revenue was up 4.0% on a year-over-year basis. During the same quarter last year, the business earned $0.13 EPS. On average, research analysts expect that Ruth’s Hospitality Group will post 1.41 earnings per share for the current year.
Ruth’s Hospitality Group Company Profile
Ruth's Hospitality Group, Inc, together with its subsidiaries, develops, operates, and franchises fine dining restaurants under the Ruth's Chris Steak House name. Its restaurants offer food and beverage products to special occasion diners and frequent customers, as well as business clientele.
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