The Gorman-Rupp Company (GRC)

NYSE: GRC · Real-Time Price · USD
40.98
+0.50 (1.24%)
Nov 20, 2024, 4:00 PM EST - Market closed
1.24%
Market Cap 1.07B
Revenue (ttm) 657.53M
Net Income (ttm) 38.11M
Shares Out 26.23M
EPS (ttm) 1.45
PE Ratio 28.18
Forward PE 21.02
Dividend $0.74 (1.81%)
Ex-Dividend Date Nov 15, 2024
Volume 37,254
Open 40.48
Previous Close 40.48
Day's Range 40.06 - 41.05
52-Week Range 30.47 - 42.89
Beta 0.91
Analysts n/a
Price Target n/a
Earnings Date Oct 25, 2024

About GRC

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 suppression, heating, ventilating and air condi... [Read more]

Sector Industrials
Founded 1933
Employees 1,450
Stock Exchange NYSE
Ticker Symbol GRC
Full Company Profile

Financial Performance

In 2023, The Gorman-Rupp Company's revenue was $659.51 million, an increase of 26.58% compared to the previous year's $521.03 million. Earnings were $34.95 million, an increase of 212.20%.

Financial Statements

News

17 Upcoming Dividend Increases

This week, 17 companies with an average dividend increase of 8.3% are highlighted, emphasizing consistent dividend growth and outperforming benchmarks. My investment strategy focuses on buying, holdin...

14 days ago - Seeking Alpha

Dividend King Gorman-Rupp: Double-Digit EPS Growth Ahead

Gorman-Rupp should deliver double-digit earnings growth through 2026, leading to a Buy rating and a one-year price target of $43.30. The company designs and markets pumps and pumping systems, which it...

23 days ago - Seeking Alpha

Gorman-Rupp Announces Increase in Quarterly Cash Dividend

MANSFIELD, Ohio--(BUSINESS WIRE)-- #DIVIDEND--The Board of Directors of The Gorman-Rupp Company (NYSE: GRC) has declared a quarterly cash dividend of $0.185 per share on the common shares of the Compa...

27 days ago - Business Wire

Gorman-Rupp Reports Third Quarter 2024 Financial Results

MANSFIELD, Ohio--(BUSINESS WIRE)-- #EARNINGS--The Gorman-Rupp Company (NYSE: GRC) reports financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Highlights Net sales of $...

27 days ago - Business Wire

Undervalued Dividend Kings: October 2024

Dividend Kings have a 50+ year track record of increasing dividends, showcasing resilience through economic challenges. I rank Dividend Kings by quality score and highlight undervalued stocks for pote...

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6 weeks ago - Seeking Alpha

11 Great Dividend Aristocrat Bargain Buys For The Market At Record Highs

The bond market anticipated the Fed's 0.5% rate cut, which led to a positive market reaction and record highs for the S&P. A strong economy with falling interest rates is the ideal backdrop for blue-c...

2 months ago - Seeking Alpha

Gorman-Rupp Reports Second Quarter 2024 Financial Results

MANSFIELD, Ohio--(BUSINESS WIRE)-- #EARNINGS--The Gorman-Rupp Company (NYSE: GRC) reports financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Highlights Net sales of $169...

4 months ago - Business Wire

Gorman-Rupp Company Declares Cash Dividend

MANSFIELD, Ohio--(BUSINESS WIRE)-- #Dividend--The Board of Directors of The Gorman-Rupp Company (NYSE: GRC) has declared a quarterly cash dividend of $0.18 per share on the common stock of the Company...

4 months ago - Business Wire

Gorman-Rupp Completes Debt Refinancing

MANSFIELD, Ohio--(BUSINESS WIRE)-- #refinancing--The Gorman-Rupp Company (NYSE: GRC) (the “Company”), a leading designer, manufacturer, and international marketer of pumps and pump systems, announced ...

6 months ago - Business Wire

Addressing risks, anticipating the future: Proactive approaches and new technologies at SWISS GRC DAY 2024

LUCERNE, Switzerland--(BUSINESS WIRE)-- #swissgrc--The Swiss GRC Day 2024, which recently took place at the Radisson Blu Hotel at Zurich Airport, attracted over 300 governance, risk and compliance (GR...

6 months ago - Business Wire

Gorman-Rupp Reports First Quarter 2024 Financial Results

MANSFIELD, Ohio--(BUSINESS WIRE)-- #EARNINGS--The Gorman-Rupp Company (NYSE: GRC) reports financial results for the first quarter ended March 31, 2024. First Quarter 2024 Highlights Net sales of $159....

7 months ago - Business Wire

Gorman-Rupp: Quality Business Justifies A Higher Valuation

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 primaril...

10 months ago - Seeking Alpha

Gorman-Rupp Reports Fourth Quarter and Full-Year 2023 Financial Results

MANSFIELD, Ohio--(BUSINESS WIRE)-- #EARNINGS--The Gorman-Rupp Company (NYSE: GRC) reports financial results for the fourth quarter and year ended December 31, 2023. Fourth Quarter 2023 Highlights Net ...

10 months ago - Business Wire

Gorman-Rupp Company Declares Cash Dividend and Announces Date of the Annual Meeting

MANSFIELD, Ohio--(BUSINESS WIRE)-- #dividend--The Board of Directors of The Gorman-Rupp Company (NYSE: GRC) has declared a quarterly cash dividend of $0.18 per share on the common shares of the Compan...

10 months ago - Business Wire

Buy 6 December Dividend Kings, 4 More On Watch

"There is only one-criterion to be included among the Dividend Kings: a publicly-traded company must increase its total fiscal-year dividend-payout for a minimum of 50 consecutive years." - Dogs of th...

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1 year ago - Seeking Alpha

Gorman-Rupp: Good Execution, Steep Price

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 ge...

1 year ago - Seeking Alpha

18 Upcoming Dividend Increases Including A Dividend King

Emerson Electric, a Dividend King, is expected to raise its dividend for the 66th consecutive year, although the increase is only about 1%. The article provides insights on upcoming dividend increases...

1 year ago - Seeking Alpha

Becton, Dickinson And HP Among 13 Companies Announcing Annual Dividend Increases In The First Half Of November

Visa and Exxon Mobil announced dividend increases in October, with Visa increasing its dividend by 15.6% and Exxon Mobil increasing its dividend by 4.4%. Several companies, including AbbVie, American ...

Other symbols: BDXABBVADPAEPAOSAPHBKH
1 year ago - Seeking Alpha

Buy 7 November Dividend Kings, Watch 7 More

"There is only one criterion to be included among the Dividend Kings: a publicly-traded company must increase its total fiscal-year dividend payout for a minimum of 50 consecutive years."--Dogs of the...

Other symbols: ABBVADMBKHEMRFRTHRLKO
1 year ago - Seeking Alpha

Gorman-Rupp Reports Third Quarter 2023 Financial Results

MANSFIELD, Ohio--(BUSINESS WIRE)-- #EARNINGS--The Gorman-Rupp Company (NYSE: GRC) reports financial results for the third quarter ended September 30, 2023. Third Quarter 2023 Highlights Net sales of $...

1 year ago - Business Wire

Dividend Growth Predictions For 15 Companies Announcing Annual Boosts In October

Fifteen long-term dividend growth companies, AbbVie among them, will announce their annual increases in October. Most of the increases will be in the single digit range, with 10%+ increases expected f...

1 year ago - Seeking Alpha

October Dividend Kings: 5 To Buy And 5 To Watch

"There is only one-criterion to be included among the Dividend Kings: a publicly-traded company must increase its total fiscal-year dividend-payout for a minimum of 50 consecutive-years."--Dogs of the...

Other symbols: ADMBKHFRTKOLEGMMMMO
1 year ago - Seeking Alpha

Gorman-Rupp: A Safe and Reliable Water Utility

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...

1 year ago - GuruFocus

Buy Ratings For 5 September Dividend Kings; Watch 4 More

"There is only one-criterion to be included among the Dividend Kings: a publicly-traded company must increase its total fiscal-year dividend-payout for a minimum of 50 consecutive-years."--Dogs of the...

1 year ago - Seeking Alpha

The Gorman-Rupp Company: Fantastic Quarter Creates Favorable Risk-Reward Scenario

The Gorman-Rupp Company beat EPS estimates for the last quarter, showing its ability to grow despite macro headwinds. GRC's strategy of expanding into new markets through acquisitions allows it to tap...

1 year ago - Seeking Alpha