Headlines about Ruth's Hospitality Group (NASDAQ:RUTH) have been trending somewhat positive this week, Accern reports. Accern ranks the sentiment of news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Ruth's Hospitality Group earned a media sentiment score of 0.24 on Accern’s scale. Accern also assigned news coverage about the restaurant operator an impact score of 45.8191319516215 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

Several analysts have commented on the stock. BidaskClub raised shares of Ruth's Hospitality Group from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, April 4th. Zacks Investment Research raised shares of Ruth's Hospitality Group from a “hold” rating to a “strong-buy” rating and set a $28.00 target price for the company in a research report on Thursday, March 8th. Deutsche Bank downgraded shares of Ruth's Hospitality Group from a “buy” rating to a “hold” rating in a research report on Friday, March 2nd. Citigroup boosted their target price on shares of Ruth's Hospitality Group from $23.00 to $25.00 and gave the stock a “neutral” rating in a research report on Monday, February 26th. Finally, ValuEngine raised shares of Ruth's Hospitality Group from a “hold” rating to a “buy” rating in a research report on Saturday, February 3rd. Three research analysts have rated the stock with a hold rating, two have issued a buy rating and two have issued a strong buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $24.80.

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Shares of Ruth's Hospitality Group stock opened at $25.90 on Tuesday. The company has a quick ratio of 0.32, a current ratio of 0.42 and a debt-to-equity ratio of 0.63. Ruth's Hospitality Group has a 1-year low of $17.95 and a 1-year high of $26.50. The firm has a market capitalization of $790.50, a PE ratio of 23.55, a PEG ratio of 1.33 and a beta of 0.33.

Ruth's Hospitality Group (NASDAQ:RUTH) last issued its quarterly earnings data on Wednesday, February 21st. The restaurant operator reported $0.44 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.39 by $0.05. Ruth's Hospitality Group had a net margin of 7.26% and a return on equity of 40.65%. The business had revenue of $124.10 million during the quarter, compared to analysts’ expectations of $123.44 million. During the same period in the previous year, the company earned $0.31 earnings per share. Ruth's Hospitality Group’s revenue for the quarter was up 15.3% on a year-over-year basis. analysts anticipate that Ruth's Hospitality Group will post 1.35 EPS for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 22nd. Stockholders of record on Thursday, March 8th were paid a $0.11 dividend. This represents a $0.44 dividend on an annualized basis and a dividend yield of 1.70%. This is a boost from Ruth's Hospitality Group’s previous quarterly dividend of $0.09. The ex-dividend date of this dividend was Wednesday, March 7th. Ruth's Hospitality Group’s payout ratio is presently 40.00%.

In other news, SVP Susan Mirdamadi sold 8,000 shares of the business’s stock in a transaction on Wednesday, February 28th. The shares were sold at an average price of $24.80, for a total value of $198,400.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 7.50% of the stock is currently owned by insiders.

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Ruth's Hospitality Group Company Profile

Ruth's Hospitality Group, Inc, together with its subsidiaries, develops, operates, and franchises fine dining restaurants under the Ruth's Chris Steak House name. Its restaurants offer food and beverage products to special occasion diners and frequent customers, as well as business clientele.

Insider Buying and Selling by Quarter for Ruth's Hospitality Group (NASDAQ:RUTH)

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