Camping World Holdings Inc (NYSE:CWH) Announces Quarterly Dividend of $0.08

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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.

In other Camping World news, major shareholder Abrams Capital Management, L.P purchased 47,682 shares of Camping World stock in a transaction that occurred on Thursday, October 10th. The stock was purchased at an average price of $7.92 per share, for a total transaction of $377,641.44. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. 49.40% of the stock is owned by corporate insiders.

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.

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Dividend History for Camping World (NYSE:CWH)

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