Camping World (NYSE:CWH) Announces $0.13 Quarterly Dividend

Camping World (NYSE:CWH) announced a quarterly dividend on Thursday, December 4th. Shareholders of record on Monday, December 15th will be given a dividend of 0.125 per share on Monday, December 29th. This represents a c) dividend on an annualized basis and a yield of 4.5%. The ex-dividend date of this dividend is Monday, December 15th.

Camping World has decreased its dividend payment by an average of 0.0%annually over the last three years and has raised its dividend every year for the last 1 years. Camping World has a payout ratio of 37.3% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Camping World to earn $0.78 per share next year, which means the company should continue to be able to cover its $0.50 annual dividend with an expected future payout ratio of 64.1%.

Camping World Stock Performance

Shares of NYSE CWH traded down $0.18 during mid-day trading on Thursday, hitting $11.12. The company had a trading volume of 2,402,788 shares, compared to its average volume of 2,182,365. The stock’s 50-day moving average price is $13.50 and its 200-day moving average price is $15.98. Camping World has a 1 year low of $9.49 and a 1 year high of $25.62. The company has a market capitalization of $1.14 billion, a price-to-earnings ratio of -11.95 and a beta of 1.95. The company has a current ratio of 1.26, a quick ratio of 0.27 and a debt-to-equity ratio of 3.29.

Camping World (NYSE:CWH) last released its quarterly earnings results on Tuesday, October 28th. The company reported $0.43 EPS for the quarter, topping analysts’ consensus estimates of $0.33 by $0.10. Camping World had a negative net margin of 0.85% and a positive return on equity of 3.80%. The business had revenue of $1.81 billion during the quarter, compared to analysts’ expectations of $1.75 billion. During the same quarter in the previous year, the company earned $0.17 EPS. The business’s quarterly revenue was up 4.7% compared to the same quarter last year. On average, sell-side analysts forecast that Camping World will post -0.66 earnings per share for the current year.

About Camping World

Camping World Holdings, Inc, together its subsidiaries, retails recreational vehicles (RVs), and related products and services in the United States. It operates in two segments, Good Sam Services and Plans; and RV and Outdoor Retail. The company provides a portfolio of services, protection plans, products, and resources in the RV industry.