Regal Rexnord Corporation (RRX)

NYSE: RRX · IEX Real-Time Price · USD
159.68
-0.52 (-0.32%)
May 17, 2024, 4:00 PM EDT - Market closed
-0.32%
Market Cap 10.62B
Revenue (ttm) 6.57B
Net Income (ttm) -31.70M
Shares Out 66.52M
EPS (ttm) -0.48
PE Ratio n/a
Forward PE 15.44
Dividend $1.40 (0.88%)
Ex-Dividend Date Jun 28, 2024
Volume 173,452
Open 160.57
Previous Close 160.20
Day's Range 159.33 - 161.77
52-Week Range 97.18 - 183.85
Beta 1.15
Analysts Buy
Price Target 195.60 (+22.5%)
Earnings Date May 6, 2024

About RRX

Regal Rexnord Corporation manufactures and sells industrial powertrain solutions, power transmission components, electric motors and electronic controls, air moving products, and specialty electrical components and systems worldwide. The Industrial Powertrain Solutions segment provides mounted and unmounted bearings, couplings, mechanical power transmission drives and components, gearboxes, gear motors, clutches, brakes, special, and industrial powertrain components and solutions for food and beverage, bulk material handling, eCommerce/warehous... [Read more]

Sector Industrials
IPO Date Mar 27, 1987
Employees 32,100
Stock Exchange NYSE
Ticker Symbol RRX
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for RRX stock is "Buy." The 12-month stock price forecast is $195.6, which is an increase of 22.50% from the latest price.

Price Target
$195.6
(22.50% upside)
Analyst Consensus: Buy
Stock Forecasts

News

RBC Bearings Incorporated Announces Fiscal Fourth Quarter and Full Year 2024 Results

OXFORD, Conn.--(BUSINESS WIRE)--RBC Bearings Incorporated (NYSE: RBC, RBCP), a leading international manufacturer of highly engineered precision bearings, components and essential systems for the indu...

Other symbols: RBC
1 day ago - Business Wire

REGAL REXNORD REPORTS FIRST QUARTER 2024 FINANCIAL RESULTS

CLOSED ON SALE OF INDUSTRIAL SYSTEMS BUSINESS, COMPLETING PLANNED STRATEGIC PORTFOLIO TRANSFORMATION, WITH NET PROCEEDS TO BE USED FOR DEBT REDUCTION ANNOUNCED UPDATED BUSINESS PURPOSE TO ALIGN WITH T...

12 days ago - PRNewsWire

An Evolved Business Purpose For A Transformed Regal Rexnord

MILWAUKEE , May 1, 2024 /PRNewswire/ -- Regal Rexnord Corporation (NYSE: RRX) announced today an evolved business purpose that reflects its strategic portfolio transformation over the last few years –...

17 days ago - PRNewsWire

Regal Rexnord Corporation Closes The Sale Of Its Industrial Motors & Generators Business To WEG

MILWAUKEE , April 30, 2024 /PRNewswire/ -- Regal Rexnord Corporation (NYSE: RRX) announced today that it closed the previously announced sale of its Industrial Motors and Generators business that comp...

18 days ago - PRNewsWire

RBC Bearings to Webcast Fourth Quarter Fiscal Year 2024 Earnings Conference Call May 17th

OXFORD, Conn.--(BUSINESS WIRE)--RBC Bearings Incorporated (NYSE: RBC, RBCP), a leading international manufacturer of highly engineered precision bearings, components and essential systems for the indu...

Other symbols: RBC
18 days ago - Business Wire

Regal Rexnord Corporation to Host First Quarter 2024 Earnings Conference Call on Tuesday, May 7, 2024

MILWAUKEE , April 23, 2024 /PRNewswire/ -- Regal Rexnord Corporation (NYSE: RRX) announced today that it plans to release its first quarter 2024 financial results after the market closes on Monday, Ma...

25 days ago - PRNewsWire

Regal Rexnord Corporation Declares Quarterly Dividend of $.35 per share.

MILWAUKEE, Wis. , April 22, 2024 /PRNewswire/ -- Louis Pinkham, Chief Executive Officer of Regal Rexnord Corporation (NYSE: RRX), announced that the Board of Directors, at its regular quarterly meetin...

26 days ago - PRNewsWire

RBC Bearings to Participate in the Bank of America Global Industrials Conference

OXFORD, Conn.--(BUSINESS WIRE)--RBC Bearings Incorporated (NYSE: RBC, RBCP), a leading international manufacturer of highly engineered precision bearings, components and essential systems for the indu...

Other symbols: RBC
2 months ago - Business Wire

RBC Bearings to Participate in the 14th Annual Alembic Global Advisors Investor Conference

OXFORD, Conn.--(BUSINESS WIRE)--RBC Bearings Incorporated (NYSE: RBC, RBCP), a leading international manufacturer of highly engineered precision bearings, components and essential systems for the indu...

Other symbols: RBC
3 months ago - Business Wire

RBC Bearings Incorporated Announces Fiscal 2024 Third Quarter Results

OXFORD, Conn.--(BUSINESS WIRE)--RBC Bearings Incorporated (NYSE: RBC, RBCP), a leading international manufacturer of highly engineered precision bearings, components and essential systems for the indu...

Other symbols: RBC
3 months ago - Business Wire

REGAL REXNORD REPORTS FOURTH QUARTER 2023 FINANCIAL RESULTS, CAPPING OFF A YEAR OF RECORD ANNUAL ADJUSTED FREE CASH FLOW AND SIGNIFICANT PORTFOLIO TRANSFORMATION

MILWAUKEE , Feb. 7, 2024 /PRNewswire/ -- Regal Rexnord Corporation (NYSE: RRX) Fourth Quarter Highlights GAAP Diluted EPS Of $0.84 And Adjusted Diluted EPS* Of $2.28, Delivering On Prior Commitments S...

3 months ago - PRNewsWire

RBC Bearings to Webcast Third Quarter Fiscal Year 2024 Earnings Conference Call February 8th

OXFORD, Conn.--(BUSINESS WIRE)--RBC Bearings Incorporated (NYSE: RBC, RBCP), a leading international manufacturer of highly engineered precision bearings, components and essential systems for the indu...

Other symbols: RBC
4 months ago - Business Wire

Regal Rexnord Corporation to Host Fourth Quarter 2023 Earnings Conference Call on Thursday, February 8, 2024

MILWAUKEE , Jan. 12, 2024 /PRNewswire/ -- Regal Rexnord Corporation (NYSE: RRX) announced today that it plans to release its fourth quarter 2023 financial results after the market closes on Wednesday,...

4 months ago - PRNewsWire

Regal Rexnord Corporation Announces Publication Of Annual Sustainability Report

MILWAUKEE , Dec. 5, 2023 /PRNewswire/ -- Regal Rexnord Corporation (NYSE: RRX) today published its annual Sustainability Report. The report reaffirms critical elements of the Company's growth strategy...

5 months ago - PRNewsWire

RBC Bearings Incorporated Announces Fiscal 2024 Second Quarter Results

OXFORD, Conn.--(BUSINESS WIRE)--RBC Bearings Incorporated (NYSE: RBC, RBCP), a leading international manufacturer of highly engineered precision bearings, components and essential systems for the indu...

Other symbols: RBC
6 months ago - Business Wire

REGAL REXNORD CHIEF EXECUTIVE OFFICER LOUIS PINKHAM TO PRESENT AT THE BAIRD 2023 GLOBAL INDUSTRIAL CONFERENCE

MILWAUKEE , Nov. 6, 2023 /PRNewswire/ -- Regal Rexnord Corporation (NYSE: RRX) announced today that its CEO, Louis Pinkham, will present at the 2023 Baird Global Industrial Conference in Chicago, IL, ...

6 months ago - PRNewsWire

REGAL REXNORD REPORTS THIRD QUARTER 2023 FINANCIAL RESULTS, INCLUDING STRONG FREE CASH FLOW

MILWAUKEE , Nov. 1, 2023 /PRNewswire/ -- Regal Rexnord Corporation (NYSE: RRX) Strong Free Cash Flow* Of $161.5 Million Paid Down $185 Million Of Gross Debt In The Quarter; Net Debt To Normalized Adju...

7 months ago - PRNewsWire

Regal Rexnord Corporation Declares Quarterly Dividend of $.35 per share

MILWAUKEE, Oct. 27, 2023 /PRNewswire/ -- Louis Pinkham, Chief Executive Officer of Regal Rexnord Corporation (NYSE: RRX), announced that the Board of Directors, at its regular quarterly meeting held o...

7 months ago - PRNewsWire

RBC Bearings to Webcast Second Quarter Fiscal Year 2024 Earnings Conference Call November 9th

OXFORD, Conn.--(BUSINESS WIRE)--RBC Bearings Incorporated (NYSE: RBC, RBCP), a leading international manufacturer of highly engineered precision bearings, components and essential systems for the indu...

Other symbols: RBC
7 months ago - Business Wire

Regal Rexnord Corporation to Host Third Quarter 2023 Earnings Conference Call on Thursday, November 2, 2023

MILWAUKEE , Oct. 9, 2023 /PRNewswire/ -- Regal Rexnord Corporation (NYSE: RRX) announced today that it plans to release its third quarter 2023 financial results after the market closes on Wednesday, N...

7 months ago - PRNewsWire

Regal Rexnord Corporation Announces Definitive Agreement To Sell Its Industrial Motors & Generators Businesses To WEG

MILWAUKEE , Sept. 25, 2023 /PRNewswire/ -- Regal Rexnord Corporation (NYSE: RRX) announced today that it has entered into a definitive agreement to sell the Industrial Motors and Generators businesses...

8 months ago - PRNewsWire

REGAL REXNORD ANNOUNCES CHANGE IN CORPORATE ADDRESS

BELOIT, Wis. , Sept. 8, 2023 /PRNewswire/ -- Regal Rexnord Corporation (NYSE: RRX) Regal Rexnord Corporation ("Regal Rexnord") today announced its decision, effective immediately, to change its corpor...

9 months ago - PRNewsWire

SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Is Investigating RBC Bearings Incorporated for Potential Breaches of Fiduciary Duty By Its Board of Directors

NEW YORK , Sept. 7, 2023 /PRNewswire/ -- Purcell & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty claim...

Other symbols: RBC
9 months ago - PRNewsWire

Blackstone and Airbnb Set to Join S&P 500; Others to Join S&P 100, S&P MidCap 400 and S&P SmallCap 600

NEW YORK , Sept. 1, 2023 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P 100, S&P MidCap 400 and S&P SmallCap 600 indices effective prior to the o...

Other symbols: AANALLYAPLEBXBXMTDEENR
9 months ago - PRNewsWire

RBC Bearings Incorporated Announces Acquisition of Specline, Inc.

OXFORD, Conn.--(BUSINESS WIRE)--RBC Bearings Incorporated (NYSE: RBC, RBCP), a leading international manufacturer of highly engineered precision bearings, components and essential systems for the indu...

Other symbols: RBC
9 months ago - Business Wire