Profile
Sector:
IndustrialsIndustry:
Specialty Industrial MachineryCountry:
United StatesIPO:
17 March 1980Website:
http://www.gormanrupp.comNext earnings report:
26 July 2024Last dividends:
14 May 2024Next dividends:
N/APrice
after hours | Mon, 01 Jul 2024 21:49:24 GMTAnalysts recommendations
Institutional Ownership
GRC Latest News
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Gorman-Rupp (GRC) have what it takes?
Investors looking for stocks in the Manufacturing - General Industrial sector might want to consider either Gorman-Rupp (GRC) or Ingersoll Rand (IR). But which of these two stocks is more attractive to value investors?
HHS, MNSO, VTS, SM and GRC have been added to the Zacks Rank #1 (Strong Buy) List on June 14, 2024.
Gorman-Rupp (GRC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Is Gorman-Rupp (GRC) a strong contender for providing shareholders with valuable dividends?
The dividend kings are a special set of dividend stocks consisting of companies that have raised their dividends for a minimum of 50 years in a row. This statistic may not be as significant as it seems.
The Gorman-Rupp Company has experienced steady growth and a 10.91% increase in stock since the last report. The Company focuses on designing, manufacturing, and selling pumps and pump systems primarily in the US, with a well-diversified global footprint. GRC's recent earnings report showed continued demand, strong results, and improvements in the balance sheet, making it a bullish investment.
Gorman-Rupp completed the acquisition of Fill-Rite in 2022, fueling growth and revenue synergies. The company showed good growth in Q3 with strong margins as the Fill-Rite acquisition seems to have geared up operations. The stock currently seems moderately overpriced with my DCF model estimates but falls into a margin of safety.
Utility stocks are often a favorite of dividend-focused investors as they typically offer safe and reliable sources of income. These businesses provide services that are needed regardless of the state of the economy.
What type of business is Gorman-Rupp?
The Gorman-Rupp Company designs, manufactures, and sells pumps and pump systems in the United States and internationally. The company's products include self-priming centrifugal, standard centrifugal, magnetic drive centrifugal, axial and mixed flow, vertical turbine line shaft, submersible, high pressure booster, rotary gear, diaphragm, bellows, and oscillating pumps. Its products are used in water, wastewater, construction, dewatering, industrial, petroleum, original equipment, agriculture, fire protection, military, and other liquid-handling applications, as well as in heating, ventilating, and air conditioning applications. The company markets its products through a network of distributors, manufacturers' representatives, third-party distributor catalogs, direct sales, and commerce. The Gorman-Rupp Company was founded in 1933 and is headquartered in Mansfield, Ohio.
What sector is Gorman-Rupp in?
Gorman-Rupp is in the Industrials sector
What industry is Gorman-Rupp in?
Gorman-Rupp is in the Specialty Industrial Machinery industry
What country is Gorman-Rupp from?
Gorman-Rupp is headquartered in United States
When did Gorman-Rupp go public?
Gorman-Rupp initial public offering (IPO) was on 17 March 1980
What is Gorman-Rupp website?
https://www.gormanrupp.com
Is Gorman-Rupp in the S&P 500?
No, Gorman-Rupp is not included in the S&P 500 index
Is Gorman-Rupp in the NASDAQ 100?
No, Gorman-Rupp is not included in the NASDAQ 100 index
Is Gorman-Rupp in the Dow Jones?
No, Gorman-Rupp is not included in the Dow Jones index
When does Gorman-Rupp report earnings?
The next expected earnings date for Gorman-Rupp is 26 July 2024