Northland Securities Has Weak Forecast for RELL Q3 Earnings

Richardson Electronics, Ltd. (NASDAQ:RELL) – Research analysts at Northland Securities lowered their Q3 2026 earnings per share (EPS) estimates for Richardson Electronics in a research report issued to clients and investors on Thursday, January 22nd. Northland Securities analyst B. Brooks now anticipates that the technology company will earn $0.07 per share for the quarter, down from their prior forecast of $0.10. The consensus estimate for Richardson Electronics’ current full-year earnings is $0.27 per share. Northland Securities also issued estimates for Richardson Electronics’ Q4 2026 earnings at $0.11 EPS and FY2026 earnings at $0.29 EPS.

Other equities analysts also recently issued reports about the stock. Zacks Research downgraded shares of Richardson Electronics from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 9th. Weiss Ratings cut Richardson Electronics from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, January 9th. One investment analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Reduce” and an average target price of $11.00.

Richardson Electronics Stock Up 1.7%

Shares of RELL opened at $11.05 on Friday. Richardson Electronics has a 52-week low of $7.57 and a 52-week high of $13.88. The stock has a market cap of $160.45 million, a PE ratio of 221.04, a price-to-earnings-growth ratio of 1.64 and a beta of 1.01. The firm’s fifty day moving average is $10.66 and its two-hundred day moving average is $10.34.

Richardson Electronics (NASDAQ:RELL) last issued its quarterly earnings results on Wednesday, January 7th. The technology company reported ($0.01) EPS for the quarter, hitting the consensus estimate of ($0.01). Richardson Electronics had a return on equity of 3.30% and a net margin of 0.38%.The firm had revenue of $52.29 million during the quarter, compared to analysts’ expectations of $49.90 million. During the same period in the previous year, the business earned ($0.05) earnings per share.

Institutional Trading of Richardson Electronics

Hedge funds and other institutional investors have recently made changes to their positions in the company. Tower Research Capital LLC TRC lifted its holdings in Richardson Electronics by 298.8% in the second quarter. Tower Research Capital LLC TRC now owns 4,160 shares of the technology company’s stock valued at $40,000 after acquiring an additional 3,117 shares during the last quarter. Raymond James Financial Inc. acquired a new position in shares of Richardson Electronics in the 2nd quarter valued at $57,000. Founders Capital Management grew its holdings in shares of Richardson Electronics by 22.6% during the 2nd quarter. Founders Capital Management now owns 6,500 shares of the technology company’s stock worth $63,000 after purchasing an additional 1,200 shares during the period. Engineers Gate Manager LP purchased a new stake in Richardson Electronics in the 2nd quarter valued at about $103,000. Finally, GSA Capital Partners LLP purchased a new stake in Richardson Electronics in the 3rd quarter valued at about $104,000. Institutional investors and hedge funds own 71.95% of the company’s stock.

Richardson Electronics Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, February 25th. Shareholders of record on Friday, February 6th will be issued a $0.06 dividend. This represents a $0.24 annualized dividend and a yield of 2.2%. The ex-dividend date is Friday, February 6th. Richardson Electronics’s payout ratio is presently 480.00%.

Richardson Electronics Company Profile

Richardson Electronics, Ltd. (NASDAQ:RELL) is a global manufacturer, distributor and servicer of engineered components and subsystems for a diverse range of industrial, medical and scientific applications. The company specializes in vacuum electron devices, high-voltage power supplies and related electronic components, offering klystrons, traveling wave tubes, magnetrons, X-ray tubes, microwave amplifiers and power conversion products. Its solutions support customers in power grid management, semiconductor processing, medical imaging, scientific instrumentation and telecommunications.

In addition to its manufacturing capabilities, Richardson Electronics maintains a broad distribution network comprising thousands of standard and custom parts.