Regal Rexnord Corporation (RRX)

NYSE: RRX · IEX Real-Time Price · USD
163.09
-3.54 (-2.12%)
At close: Apr 12, 2024, 4:00 PM
154.94
-8.15 (-5.00%)
After-hours: Apr 12, 2024, 7:39 PM EDT
-2.12%
Market Cap 10.83B
Revenue (ttm) 6.25B
Net Income (ttm) -57.40M
Shares Out 66.42M
EPS (ttm) -0.87
PE Ratio n/a
Forward PE 15.88
Dividend $1.40 (0.86%)
Ex-Dividend Date Mar 27, 2024
Volume 357,544
Open 165.31
Previous Close 166.63
Day's Range 161.97 - 166.18
52-Week Range 97.18 - 183.85
Beta 1.13
Analysts Buy
Price Target 197.00 (+20.79%)
Earnings Date May 2, 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 $197.0, which is an increase of 20.79% from the latest price.

Price Target
$197.0
(20.79% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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
4 weeks 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
7 weeks 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
2 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...

2 months ago - PRNewsWire

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

MILWAUKEE , Jan. 29, 2024 /PRNewswire/ -- Louis Pinkham, Chief Executive Officer of Regal Rexnord Corporation (NYSE: RRX), announced that the Board of Directors, at its regular quarterly meeting held ...

2 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
2 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,...

3 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...

4 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
5 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, ...

5 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...

5 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...

6 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
6 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...

6 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...

7 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...

7 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
7 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
8 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
8 months ago - Business Wire

RBC Bearings Incorporated Announces Fiscal 2024 First 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
9 months ago - Business Wire

NEWLY TRANSFORMED REGAL REXNORD REPORTS STRONG SECOND QUARTER 2023 FINANCIAL RESULTS; THREE MONTHS IN, ALTRA INTEGRATION & SYNERGY REALIZATION GOING VERY WELL

BELOIT, Wis. , July 31, 2023 /PRNewswire/ -- Regal Rexnord Corporation (NYSE: RRX) Second Quarter Highlights Strong Free Cash Flow* Of $176.3 Million; Net Debt To Normalized Adjusted EBITDA* Reduced T...

9 months ago - PRNewsWire

Small-Cap Stocks Have Struggled. Here Are 6 Whose Time Has Come.

A pair of money managers offer some of their favorite small-cap stocks, from snack foods to bearings to airplane leasing. They're relatively cheap and poised to outperform many of the large-caps.

Other symbols: AERALGWREJJSFPRORBC
9 months ago - Barrons

AMC, Cinemark and Regal saw major ‘Barbie' and ‘Oppenheimer' foot traffic boost, research shows

Movie theater chains AMC Entertainment Holdings Inc., Cinemark Holdings Inc. and Cineworld Group PLC's Regal Cinemas have all enjoyed a significant foot traffic boost thanks to summer blockbusters “Ba...

Other symbols: CNKAMC
9 months ago - Market Watch

Regal Rexnord Corporation Declares Quarterly Dividend Of $.35 Per Share

BELOIT, Wis. , July 24, 2023 /PRNewswire/ -- Louis Pinkham, Chief Executive Officer of Regal Rexnord Corporation (NYSE: RRX), announced that the Board of Directors, at its regular quarterly meeting he...

9 months ago - PRNewsWire

RBC Bearings to Webcast First Quarter Fiscal Year 2024 Earnings Conference Call August 4th

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