Rogers (NYSE:ROG) Sees Strong Trading Volume – Here’s What Happened

Rogers Corporation (NYSE:ROGGet Free Report) shares saw unusually-strong trading volume on Tuesday . Approximately 177,721 shares were traded during mid-day trading, a decline of 16% from the previous session’s volume of 211,982 shares.The stock last traded at $158.48 and had previously closed at $154.93.

Key Stories Impacting Rogers

Here are the key news stories impacting Rogers this week:

  • Positive Sentiment: Rogers Corp. surged on heavy trading volume, suggesting investors are responding favorably to recent momentum after its earnings report. Rogers Corp. (ROG) Surges 4.0%: Is This an Indication of Further Gains?
  • Neutral Sentiment: The company’s recent quarterly earnings beat consensus EPS expectations and matched revenue estimates, reinforcing the view that fundamentals are stable even though profitability remains mixed.
  • Negative Sentiment: Analyst estimate revisions could weigh on the stock if investors conclude that near-term upside is limited despite the recent rally.
  • Negative Sentiment: News about Rogers’ sports-media business losing CBC/NHL sublicensing coverage may add pressure to sentiment around the broader Rogers brand, although it is tied more directly to Rogers Communications than Rogers Corporation.

Analyst Ratings Changes

Several equities research analysts have recently commented on ROG shares. Weiss Ratings raised Rogers from a “sell (d)” rating to a “sell (d+)” rating in a report on Monday, May 18th. B. Riley Financial increased their price objective on Rogers to $200.00 and gave the company a “buy” rating in a report on Monday. One research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $200.00.

View Our Latest Stock Analysis on Rogers

Rogers Stock Performance

The firm has a fifty day simple moving average of $135.25 and a 200-day simple moving average of $112.20. The firm has a market cap of $2.84 billion, a price-to-earnings ratio of -52.81 and a beta of 0.52.

Rogers (NYSE:ROGGet Free Report) last announced its quarterly earnings results on Tuesday, April 28th. The electronics maker reported $0.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.68 by $0.07. Rogers had a positive return on equity of 4.31% and a negative net margin of 6.81%.The business had revenue of $200.50 million during the quarter, compared to the consensus estimate of $200.50 million. Rogers has set its Q2 2026 guidance at 0.900-1.100 EPS. Analysts expect that Rogers Corporation will post 3.71 earnings per share for the current fiscal year.

Insider Transactions at Rogers

In other Rogers news, SVP Brian Keith Larabee sold 830 shares of the firm’s stock in a transaction on Friday, May 1st. The stock was sold at an average price of $135.91, for a total transaction of $112,805.30. Following the completion of the sale, the senior vice president owned 5,515 shares of the company’s stock, valued at $749,543.65. This trade represents a 13.08% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.08% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in ROG. Norges Bank bought a new position in Rogers during the 4th quarter worth $119,157,000. Capital Research Global Investors bought a new position in Rogers during the 3rd quarter worth $98,295,000. Atreides Management LP bought a new position in Rogers during the 2nd quarter worth $12,888,000. Ameriprise Financial Inc. increased its position in Rogers by 38.3% during the 2nd quarter. Ameriprise Financial Inc. now owns 596,713 shares of the electronics maker’s stock worth $40,863,000 after buying an additional 165,174 shares during the period. Finally, Segall Bryant & Hamill LLC bought a new position in Rogers during the 3rd quarter worth $11,373,000. Institutional investors own 96.02% of the company’s stock.

Rogers Company Profile

(Get Free Report)

Rogers Corporation (NYSE: ROG) is a global technology and materials company specializing in the development and manufacture of engineered materials and components. The company designs and produces a broad portfolio of high-performance elastomeric, foam, silicone, adhesive and thermal management solutions, as well as advanced circuit board laminates. Its products are engineered to meet stringent requirements in areas such as electrical insulation, thermal performance and electromagnetic shielding.

Rogers serves a diverse range of end markets, including automotive, aerospace and defense, telecommunications, consumer electronics and industrial applications.

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