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 given a dividend of 0.13 per share by the restaurant operator on Thursday, December 5th. The ex-dividend date is Wednesday, November 20th. This is a positive change from Ruth’s Hospitality Group’s previous dividend of $0.06.
NASDAQ:RUTH traded up $0.09 during trading hours on Tuesday, hitting $23.64. 452 shares of the company traded hands, compared to its average volume of 355,870. The stock has a market capitalization of $685.31 million, a price-to-earnings ratio of 16.94, a P/E/G ratio of 1.22 and a beta of 0.61. Ruth’s Hospitality Group has a twelve month low of $18.60 and a twelve month high of $27.14. The firm has a 50-day moving average of $21.37 and a 200 day moving average of $21.90. The company has a current ratio of 0.36, a quick ratio of 0.26 and a debt-to-equity ratio of 3.39.
Ruth’s Hospitality Group (NASDAQ:RUTH) last released its earnings results on Friday, November 1st. The restaurant operator reported $0.15 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.09 by $0.06. The firm had revenue of $103.01 million during the quarter, compared to analysts’ expectations of $102.19 million. Ruth’s Hospitality Group had a net margin of 9.26% and a return on equity of 45.15%. The business’s quarterly revenue was up 4.0% compared to the same quarter last year. During the same period in the prior year, the company earned $0.13 EPS. Equities research analysts predict that Ruth’s Hospitality Group will post 1.41 earnings per share for the current fiscal year.
About Ruth’s Hospitality Group
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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