Camping World Holdings Inc (NYSE:CWH) announced a quarterly dividend on Wednesday, December 4th, Wall Street Journal reports. Stockholders of record on Monday, December 16th will be paid a dividend of 0.08 per share on Monday, December 30th. This represents a $0.32 annualized dividend and a dividend yield of 2.41%. The ex-dividend date is Friday, December 13th.
Shares of NYSE:CWH traded up $0.77 during trading on Wednesday, hitting $13.28. 1,046,621 shares of the company were exchanged, compared to its average volume of 862,973. The stock has a market capitalization of $1.06 billion, a P/E ratio of 11.86 and a beta of 3.23. The company has a debt-to-equity ratio of 79.52, a current ratio of 1.38 and a quick ratio of 0.27. Camping World has a 12-month low of $7.12 and a 12-month high of $18.00. The firm’s 50 day moving average price is $10.70 and its 200-day moving average price is $10.31.
Camping World (NYSE:CWH) last issued its quarterly earnings data on Thursday, November 7th. The company reported $0.14 earnings per share for the quarter, missing the consensus estimate of $0.18 by ($0.04). The company had revenue of $1.39 billion for the quarter, compared to analysts’ expectations of $1.32 billion. Camping World had a negative return on equity of 14,187.62% and a negative net margin of 1.27%. The firm’s quarterly revenue was up 6.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.49 EPS. As a group, equities research analysts anticipate that Camping World will post -0.6 EPS for the current year.
Several analysts have recently weighed in on CWH shares. BMO Capital Markets reduced their price objective on shares of Camping World from $11.00 to $9.00 and set a “market perform” rating for the company in a research report on Friday, August 9th. JPMorgan Chase & Co. downgraded shares of Camping World from an “overweight” rating to a “neutral” rating and reduced their price objective for the stock from $19.00 to $11.00 in a research report on Thursday, August 8th. Bank of America reduced their price objective on shares of Camping World from $10.00 to $7.00 and set an “underperform” rating for the company in a research report on Wednesday, September 4th. Monness Crespi & Hardt restated a “buy” rating and set a $14.00 price objective (down previously from $19.00) on shares of Camping World in a research report on Thursday, August 8th. Finally, Northcoast Research downgraded shares of Camping World from a “buy” rating to a “neutral” rating in a research report on Thursday, August 15th. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $12.95.
Camping World Company Profile
Camping World Holdings, Inc, through its subsidiaries, operates as an outdoor and camping retailer. The company operates through three segments: Consumer Services and Plans, Dealership, and Retail. It provides a portfolio of services, protection plans, products, and resources for recreational vehicle (RV) owners and camping enthusiasts.
Read More: What is an inverted yield curve?
Receive News & Ratings for Camping World Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Camping World and related companies with MarketBeat.com's FREE daily email newsletter.