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Regal Rexnord Corporation (RRX)

NYSE: RRX · IEX Real-Time Price · USD
144.25 1.81 (1.27%)
Oct 15, 2021 4:00 PM EDT - Market closed
Market Cap9.77B
Revenue (ttm)3.24B
Net Income (ttm)260.60M
Shares Out40.70M
EPS (ttm)6.37
PE Ratio22.65
Forward PE13.53
Dividend$1.23 (0.85%)
Ex-Dividend DateSep 30, 2021
Volume983,161
Open142.86
Previous Close142.44
Day's Range141.71 - 146.09
52-Week Range87.02 - 153.80
Beta1.29
Analystsn/a
Price Targetn/a
Est. Earnings DateOct 25, 2021

About RRX

Regal Beloit Corporation, together with its subsidiaries, designs, manufactures, and sells electric motors, electrical motion controls, and power generation and transmission products worldwide. It operates through four segments: Commercial Systems, Industrial Systems, Climate Solutions, and Power Transmission Solutions. The Commercial Systems segment provides AC and DC motors, electronic variable speed controls, fans, blowers, and precision stator and rotor kits. The Industrial Systems segment offers AC motors for industrial applications; elect...

IndustrySpecialty Industrial Machinery
IPO DateMar 27, 1987
CEOLouis Pinkham
Employees23,000
Stock ExchangeNYSE
Ticker SymbolRRX
Full Company Profile

Financial Performance

In 2020, Regal Rexnord's revenue was $2.91 billion, a decrease of -10.22% compared to the previous year's $3.24 billion. Earnings were $189.30 million, a decrease of -20.76%.

Financial Statements

News

Regal Rexnord Corporation to Hold Third Quarter 2021 Earnings Conference Call on Tuesday, November 2, 2021

BELOIT, Wis., Oct. 12, 2021 /PRNewswire/ -- Regal Rexnord Corporation (NYSE: RRX) announced today that it plans to release its third quarter 2021 financial results after the market closes on Monday, Nov...

4 days ago - PRNewsWire

Rexnord Trades as Zurn Water (ZWS) Post Regal Beloit Deal

Zurn Water (ZWS), the new name for Rexnord, starts trading on the NYSE post the Regal Beloit deal completion. Its products help in boosting conservation, quality, safety and flow control of water.

Other symbols:ZWS
1 week ago - Zacks Investment Research

Regal Beloit Trades as Regal Rexnord (RRX) Post Rexnord Deal

Regal Rexnord (RRX), the new name for Regal Beloit, commences trading on the NYSE post the Rexnord deal completion. It is equipped to offer better products, free cash flow and shareholders' value.

1 week ago - Zacks Investment Research

Regal Beloit (RBC) Soars 3.4%: Is Further Upside Left in the Stock?

Regal Beloit (RBC) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength ...

2 weeks ago - Zacks Investment Research

Update on Regal Beloit (RBC) & Rexnord Business Collaboration

Regal Beloit (RBC) and Rexnord provide an estimated exchange ratio for the acquisition of Land Newco by Regal Beloit as well as a special cash dividend to be paid by Regal Beloit to its shareholders.

2 weeks ago - Zacks Investment Research

Here's Why it is Worth Investing in Regal Beloit (RBC) Now

Regal Beloit (RBC) stands to benefit from strength across its end markets, solid product portfolio, and shareholder-friendly policies.

3 weeks ago - Zacks Investment Research

Regal Beloit Corporation Announces Publication of 2021 Sustainability Report

BELOIT, Wis., Sept. 20, 2021 /PRNewswire/ -- Regal Beloit Corporation (NYSE: RBC), a global leader in the engineering and manufacturing of power transmission solutions and high-efficiency electric motor...

3 weeks ago - PRNewsWire

RBC vs. ETN: Which Stock Is the Better Value Option?

RBC vs. ETN: Which Stock Is the Better Value Option?

Other symbols:ETN
3 weeks ago - Zacks Investment Research

Update on Regal Beloit (RBC), Rexnord October Deal Closure

Regal Beloit (RBC) advances on closing its deal with Rexnord. On completion, the combination of Regal Beloit and Rexnord's PMC business will become a major provider of power transmission solutions.

3 weeks ago - Zacks Investment Research

5 Must-Buy Stocks as Industrial Production Continues to Expand

People are spending more on goods than services during the pandemic, driving industrial output, and helping stocks like Deere & Company (DE), Altra Industrial Motion (AIMC) and Dover Corporation (DOV).

Other symbols:AITDEDOVDXPE
1 month ago - Zacks Investment Research

Regal Beloit (RBC) to Close Deal With Rexnord in October

Regal Beloit (RBC) moves a step forward to close its deal with Rexnord. The parties anticipate completing the deal in October and put forward the new names after completion of the deal.

1 month ago - Zacks Investment Research

3 Low Price-Sales Ratio Stocks

Value investors could be interested in the following stocks, as they have low price-sales ratios (compared to the S&P 500), good profitability and stable financial situations.

Other symbols:AYIOLLI
1 month ago - GuruFocus

RBC or ETN: Which Is the Better Value Stock Right Now?

RBC vs. ETN: Which Stock Is the Better Value Option?

Other symbols:ETN
1 month ago - Zacks Investment Research

Regal Beloit (RBC) Progresses With Rexnord Deal, Gains Approvals

Regal Beloit (RBC) receives necessary approvals from its shareholders in a special meeting held recently. This will help close the Rexnord deal early in fourth-quarter 2021.

1 month ago - Zacks Investment Research

Regal Beloit Shareholders Approve Share Issuance Necessary For Combination With Rexnord PMC; Shareholders Also Approv...

BELOIT, Wis. , Sept. 1, 2021  /PRNewswire/ -- Regal Beloit Corporation (NYSE: RBC) today announced that, at a special meeting of the shareholders ("the Special Meeting") held on September 1, 2021, Regal...

1 month ago - PRNewsWire

Regal Beloit (RBC) Adds VGreen Evo Motor to Century Product Line

Regal Beloit's (RBC) VGreen Evo variable speed motor delivers energy savings of roughly 80% compared to the standard single speed motors.

1 month ago - Zacks Investment Research

Why Is Regal Beloit (RBC) Up 3% Since Last Earnings Report?

Regal Beloit (RBC) reported earnings 30 days ago. What's next for the stock?

1 month ago - Zacks Investment Research

Regal Beloit Corporation Announces Addition Of Highly Energy-Efficient VGreen Evo™ Variable Speed Pool Pump Motor To ...

BELOIT, Wis., Aug. 27, 2021 /PRNewswire/ -- Regal Beloit Corporation (NYSE: RBC), a global leader in the engineering and manufacturing of power transmission solutions and high-efficiency electric motors...

1 month ago - PRNewsWire

Regal Beloit (RBC) Gains 11% in the Past Month: What's Driving It?

Regal Beloit (RBC), with an 11% rise in shares in the past month, gains from end-market strength, cost-saving actions and shareholder rewards. Progress in the Rexnord deal adds to its attractiveness.

1 month ago - Zacks Investment Research

Regal Beloit (RBC) Announces Planned Changes Post Deal With Rexnord

Regal Beloit (RBC) names the combined operations of its Power Transmission Solutions segment and Rexnord's PMC segment as Motion Control Solutions segment. It provides leadership detail as well.

1 month ago - Zacks Investment Research

Regal Beloit Corporation Announces Planned Power Transmission Solutions Segment Leadership & Segment Name Changes

BELOIT, Wis., Aug. 19, 2021 /PRNewswire/ -- Regal Beloit Corporation (NYSE: RBC), a global leader in the engineering and manufacturing of power transmission solutions and high-efficiency electric motors...

1 month ago - PRNewsWire

Private Letter Ruling Received From IRS In Connection With Planned Merger Between Regal And Rexnord PMC

BELOIT, Wisc. and MILWAUKEE, Aug. 18, 2021 /PRNewswire/ -- Regal Beloit Corporation (NYSE: RBC) and Rexnord Corporation (NYSE: RXN) today announced that Rexnord received the private letter ruling ("PLR"...

1 month ago - PRNewsWire