The Gorman-Rupp Company (GRC)

NYSE: GRC · IEX Real-Time Price · USD
28.94
-1.11 (-3.69%)
Feb 3, 2023, 4:00 PM EST - Market closed
-3.69%
Market Cap 755.19M
Revenue (ttm) 469.19M
Net Income (ttm) 15.31M
Shares Out 26.09M
EPS (ttm) 0.59
PE Ratio 49.05
Forward PE n/a
Dividend $0.69 (2.37%)
Ex-Dividend Date Nov 14, 2022
Volume 52,530
Open 29.41
Previous Close 30.05
Day's Range 28.51 - 30.43
52-Week Range 22.67 - 39.91
Beta 0.77
Analysts Buy
Price Target 40.80 (+40.98%)
Earnings Date Feb 3, 2023

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 protection, military, and other liquid-handling... [Read more]

Sector Industrials
Founded 1933
Employees 1,150
Stock Exchange NYSE
Ticker Symbol GRC
Full Company Profile

Financial Performance

In 2021, GRC's revenue was $378.32 million, an increase of 8.41% compared to the previous year's $348.97 million. Earnings were $29.85 million, an increase of 18.51%.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for GRC stock is "Buy." The 12-month stock price forecast is $40.8, which is an increase of 40.98% from the latest price.

Price Target
$40.8
(40.98% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Gorman-Rupp Reports Fourth Quarter and Full-Year 2022 Financial Results

MANSFIELD, Ohio--(BUSINESS WIRE)--The Gorman-Rupp Company (NYSE: GRC) reports financial results for the fourth quarter and year ended December 31, 2022.

2 days ago - Business Wire

Gorman-Rupp Company Declares Cash Dividend, Announces Date of the Annual Meeting of Shareholders, and Announces Board of Director Change

MANSFIELD, Ohio--(BUSINESS WIRE)--The Board of Directors of The Gorman-Rupp Company (NYSE: GRC) has declared a quarterly cash dividend of $0.175 per share on the common stock of the Company, payable...

1 week ago - Business Wire

7 Safe Stocks to Buy and Hold Forever

In October and November, I suggested safe stocks to buy and hold. I'm pleased to say that those stocks have increased by an average of around 21% since the beginning of October.

Other symbols: ADUSAEMGWRSRCISMPTMUS
2 months ago - InvestorPlace

Gorman-Rupp Reaches 50th Consecutive Year of Increased Dividends With 2.9% 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 $0.175 per share on the common shares of the Compa...

3 months ago - Business Wire

Gorman-Rupp Reports Third Quarter 2022 Financial Results

MANSFIELD, Ohio--(BUSINESS WIRE)-- #EARNINGS--The Gorman-Rupp Company (NYSE: GRC) reports financial results for the third quarter and nine months ended September 30, 2022.

3 months ago - Business Wire

7 Water Stocks With the Highest Dividends to Buy Now

In this article, I'll be looking at some water stocks with dividends. These stocks don't have the highest dividends in the market, but they offer among the highest payouts in the sector.

Other symbols: AOSAWKAWRMLIWTRGXYL
5 months ago - InvestorPlace

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 $0.17 per share on the common stock of the Company...

6 months ago - Business Wire

Gorman-Rupp Reports Second Quarter 2022 Financial Results

MANSFIELD, Ohio--(BUSINESS WIRE)-- #EARNINGS--The Gorman-Rupp Company (NYSE: GRC) reports financial results for the second quarter and six months ended June 30, 2022. Second Quarter 2022 Highlights Co...

6 months ago - Business Wire

Gorman-Rupp Completes Acquisition of Fill-Rite, Market-Leading Manufacturer of Pumps and Meters

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

8 months ago - Business Wire

Gorman-Rupp Announces Agreement to Acquire Fill-Rite, Market-Leading Manufacturer of Pumps and Meters

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

10 months ago - Business Wire

Gorman-Rupp Reports First Quarter 2022 Financial Results

MANSFIELD, Ohio--(BUSINESS WIRE)--The Gorman-Rupp Company (NYSE: GRC) reports financial results for the first quarter ended March 31, 2022. First Quarter 2022 Highlights First quarter earnings per sha...

10 months ago - Business Wire

Gorman-Rupp Shares Slip On Q4 Revenue Miss, Weak Margins

Gorman-Rupp Co GRC reported fourth-quarter sales growth of 14.1% year-over-year to $94.16 million, missing the consensus of $98.28 million. Domestic sales of $64.9 million +10.7% Y/Y and international...

1 year ago - Benzinga

Gorman-Rupp Reports Fourth Quarter and Full-Year 2021 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, 2021. Fourth Quarter 2021 Highlights Four...

1 year ago - Business Wire

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

MANSFIELD, Ohio--(BUSINESS WIRE)-- #ANNUALMEETINGDATE--The Board of Directors of The Gorman-Rupp Company (NYSE: GRC) has declared a quarterly cash dividend of $0.17 per share on the common stock of th...

1 year ago - Business Wire

Gorman-Rupp Announces 9.7% Increase in Quarterly Cash Dividend and New Share Repurchase Authorization

MANSFIELD, Ohio--(BUSINESS WIRE)-- #DIVIDEND--The Board of Directors of The Gorman-Rupp Company (NYSE: GRC) has declared a quarterly cash dividend of $0.17 per share on the common shares of the Compan...

1 year ago - Business Wire

Gorman-Rupp Reports Third Quarter 2021 Financial Results and Announces Promotion of Scott A. King to CEO

MANSFIELD, Ohio--(BUSINESS WIRE)-- #EARNINGS--The Gorman-Rupp Company (NYSE: GRC) reports financial results for the third quarter and nine months ended September 30, 2021. Third Quarter 2021 Highlight...

1 year ago - Business Wire

Gorman-Rupp Reports Second Quarter 2021 Financial Results

MANSFIELD, Ohio--(BUSINESS WIRE)-- #EARNINGS--The Gorman-Rupp Company (NYSE: GRC) reports financial results for the second quarter and six months ended June 30, 2021. Second Quarter 2021 Highlights Se...

1 year ago - Business Wire

Gorman-Rupp Co Among Today's Top Buys As Energy Stocks Lead And Tech Lags Following Colonial Pipeline Cyberattack

The tech sector is under pressure while energy and cybersecurity stocks have led the Dow to another record high. Make the most of this market with today's top buys from Q.ai's artificial intelligence ...

Other symbols: NJRSASRSCCOTWNK
1 year ago - Forbes

Gorman-Rupp Announces Scott A. King Elected as New Director

MANSFIELD, Ohio--(BUSINESS WIRE)--The Gorman-Rupp Company (NYSE: GRC) announced today that at the Annual Meeting of the Shareholders of The Gorman-Rupp Company held on April 22, 2021, Scott A. King wa...

1 year ago - Business Wire

Gorman-Rupp: Q1 Earnings Insights

Shares of Gorman-Rupp (NYSE:GRC) moved higher by 0.1% in pre-market trading after the company reported Q1 results. Quarterly Results Earnings per share were up 33.33% over the past year to $0.28, whic...

1 year ago - Benzinga

Gorman-Rupp Reports First Quarter 2021 Financial Results

MANSFIELD, Ohio--(BUSINESS WIRE)-- #earnings--The Gorman-Rupp Company (NYSE: GRC) reports financial results for the first quarter ended March 31, 2021. First Quarter 2021 Highlights First quarter earn...

1 year ago - Business Wire

Recap: Gorman-Rupp Q4 Earnings

Shares of Gorman-Rupp (NYSE:GRC) decreased 1.4% in pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share decreased 3.57% year over year to $0.27, which missed ...

2 years ago - Benzinga

Gorman-Rupp Reports Fourth Quarter and Full-Year 2020 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, 2020. Fourth Quarter 2020 Highlights Four...

2 years ago - Business Wire

Gorman-Rupp: Q3 Earnings Insights

Shares of Gorman-Rupp (NYSE:GRC) moved higher by 0.1% in pre-market trading after the company reported Q3 results. Quarterly Results Earnings per share were down 6.06% year over year to $0.31, which b...

2 years ago - Benzinga

Gorman-Rupp Announces 6.9% 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 $0.155 per share on the common stock of the Company...

2 years ago - Business Wire