Rogers Corporation (ROG)
| Market Cap | 2.92B |
| Revenue (ttm) | 966.75M |
| Net Income (ttm) | 96.52M |
| Shares Out | 18.61M |
| EPS (ttm) | 5.08 |
| PE Ratio | 30.89 |
| Forward PE | 6.05 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 181,826 |
| Open | 156.28 |
| Previous Close | 154.38 |
| Day's Range | 155.48 - 160.75 |
| 52-Week Range | 98.45 - 271.12 |
| Beta | 0.97 |
| Analysts | Strong Buy |
| Price Target | 200.00 (+27.47%) |
| Earnings Date | Aug 2, 2023 |
About ROG
Rogers Corporation designs, develops, manufactures, and sells engineered materials and components worldwide. It operates through Advanced Electronics Solutions (AES), Elastomeric Material Solutions (EMS), and Other segments. The AES segment offers circuit materials, ceramic substrate materials, busbars, and cooling solutions for applications in electric and hybrid electric vehicles (EV/HEV), wireless infrastructure, automotive, telematics and thermal solutions, aerospace and defense, mass transit, clean energy, connected devices, and wired infr... [Read more]
Financial Performance
In 2022, Rogers's revenue was $971.17 million, an increase of 4.10% compared to the previous year's $932.89 million. Earnings were $116.63 million, an increase of 7.86%.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for ROG stock is "Strong Buy" and the 12-month stock price forecast is $200.0.
News
Starboard more than doubles Splunk position, opens new one on Rogers
Hedge fund Starboard Value LP more than doubled its position of cloud-software company Splunk Inc. SPLK, -0.90%, while opening a new position on circuit-materials and ceramics company Rogers Corp. ROG...
Rogers Expanding Power Substrate Capacity in China to Meet Growing EV and Renewable Energy Demand
CHANDLER, Arizona--(BUSINESS WIRE)--Rogers Corporation (NYSE:ROG) (“Rogers”), announced its plan to build a new factory in China to manufacture its curamik® AMB (Active Metal Brazed) and DBC (Direct B...
Rogers Corporation Reports First Quarter 2023 Results
CHANDLER, Ariz.--(BUSINESS WIRE)--Rogers Corporation (NYSE:ROG) today announced financial results for the first quarter of 2023. “First quarter sales and gross margin exceeded the high end of our guid...
Rogers Corporation Welcomes Michael Webb as New Senior Vice President and Chief Administrative Officer
CHANDLER, Ariz.--(BUSINESS WIRE)--Rogers Corporation (NYSE:ROG) (“Rogers”), announced that Michael Webb has joined the company as Senior Vice President and Chief Administrative Officer. He will be res...
Rogers Schedules First Quarter 2023 Earnings Call for April 27
CHANDLER, Ariz.--(BUSINESS WIRE)--Rogers Corporation (NYSE:ROG) (“Rogers”) plans to announce first quarter results on April 27 after market close, which will be followed by a conference call at 5:00 p...
Rogers Corporation Outlines Growth Strategy at Investor Day
CHANDLER, Ariz.--(BUSINESS WIRE)--Rogers Corporation (NYSE:ROG) (“Rogers”) will outline its strategy for delivering significant revenue growth and profitability improvements at the Company's 2023 Inve...
Rogers Corporation Welcomes Jessica Morton as New Vice President, General Counsel and Corporate Secretary
CHANDLER, Ariz.--(BUSINESS WIRE)--Rogers Corporation (NYSE:ROG) (“Rogers”), announced that Jessica Morton has joined the company as Vice President, General Counsel and Corporate Secretary. Jessica joi...
Rogers Announces Nomination of Dr. Larry Berger as Independent Director at 2023 Annual Meeting of Shareholders
CHANDLER, Ariz.--(BUSINESS WIRE)--Rogers Corporation (NYSE: ROG) (“Rogers” or the “Company”) today announced that its Board of Directors has nominated Dr. Larry Berger, Executive Vice President and Ch...
Rogers Corporation Announces Investor Day on March 30, 2023
CHANDLER, Arizona--(BUSINESS WIRE)--Rogers Corporation (NYSE:ROG) (“Rogers”), announced that it will host an Investor and Analyst Day on Thursday, March 30 at the New York Stock Exchange in New York C...
Rogers Corporation Reports Fourth Quarter and Full Year 2022 Results
CHANDLER, Ariz.--(BUSINESS WIRE)--Rogers Corporation (NYSE:ROG) today announced financial results for the full year and fourth quarter of 2022. “Rogers continues to execute on its profitability improv...
Rogers Announces Agreement with Starboard Value
CHANDLER, Ariz.--(BUSINESS WIRE)--Rogers Corporation (NYSE:ROG) (“Rogers” or the “Company”) today announced that it has entered into an agreement (the “Agreement”) with Starboard Value LP (together, w...
Rogers Announces Additional Actions to Streamline Operations and Increase Operating Margin
CHANDLER, Ariz.--(BUSINESS WIRE)--Rogers Corporation (NYSE:ROG) (“Rogers”) today announced additional actions to improve the Company's cost structure, streamline operations and drive significant impro...
Starboard nominates directors to the board at Rogers. Here's how the firm could boost margins
In December, Starboard nominated four directors for election to the board at materials company Rogers.
Rogers Schedules Fourth Quarter 2022 Earnings Call for February 28
CHANDLER, Ariz.--(BUSINESS WIRE)--Rogers Corporation (NYSE:ROG) (“Rogers”) plans to announce fourth quarter and full year 2022 results on February 28 after market close, which will be followed by a co...
Rogers Appoints Senior Vice President of Global Operations and Supply Chain
CHANDLER, Ariz.--(BUSINESS WIRE)--Rogers Corporation (NYSE:ROG) (“Rogers”) today announced the appointment of Larry Schmid as Senior Vice President, Global Operations and Supply Chain. In this role,...
Rogers to Participate in CJS Securities Investor Conference
CHANDLER, Ariz.--(BUSINESS WIRE)--Rogers Corporation (NYSE:ROG) announced that senior management will participate in the CJS Securities 23rd Annual New Ideas for the New Year Conference, today Wedne...
Rogers To Hold Investor Conference Call On December 8, 2022
CHANDLER, Ariz.--(BUSINESS WIRE)--Rogers Corporation (NYSE:ROG) (“Rogers”) today announced that it will hold a conference call for analysts and investors on December 8, 2022 at 4:30 pm ET. The Compa...
Rogers Announces Leadership Transition
CHANDLER, Ariz.--(BUSINESS WIRE)--Rogers Corporation (NYSE:ROG) (“Rogers”) today announced that Bruce D. Hoechner, President and Chief Executive Officer, has decided to retire, effective December 31...
Rogers Announces Termination of Merger Agreement with DuPont
CHANDLER, Ariz.
DuPont Scraps Deal to Buy Rogers After Failing to Win Regulatory Clearance
The deal was among several aimed to position company for growth.
Rogers stock drops sharply after DuPont walks away from purchasing the company
Rogers Corp. ROG, -2.48% stock fell 42% to $96.49 in premarket trades on Wednesday after it received a termination notice from DuPont de Nemours Inc. DD, +2.62% for its $5 billion acquisition of the e...
Rogers Issues Statement Regarding DuPont's Notice of Termination of Merger Agreement
CHANDLER, Ariz.
DuPont Ends Rogers Acquisition. Blame China.
DuPont's acquisition of Rogers was terminated. 'The companies have been unable to obtain timely clearance from all the required regulators," DuPont says.
Dupont ends $5.2 billion deal to buy Rogers Corp.
DuPont de Nemours Inc. DD, +2.62% said late Tuesday it has ended its deal to buy Arizona-based engineered-materials maker Rogers Corp. as the companies could not get "timely clearance" from all the re...