Regal Rexnord (NYSE:RRX) Issues Earnings Results

Regal Rexnord (NYSE:RRXGet Free Report) released its quarterly earnings data on Wednesday. The company reported $2.34 EPS for the quarter, missing the consensus estimate of $2.56 by ($0.22), Zacks reports. Regal Rexnord had a net margin of 3.41% and a return on equity of 9.48%. Regal Rexnord updated its FY 2025 guidance to 9.600-10.400 EPS.

Regal Rexnord Stock Performance

NYSE:RRX traded down $2.32 during trading on Friday, reaching $140.56. The company’s stock had a trading volume of 205,583 shares, compared to its average volume of 529,472. The firm has a market cap of $9.31 billion, a price-to-earnings ratio of 44.40, a price-to-earnings-growth ratio of 1.53 and a beta of 1.03. Regal Rexnord has a 12 month low of $130.94 and a 12 month high of $185.28. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.35 and a current ratio of 2.45. The firm has a 50 day moving average of $161.01 and a 200-day moving average of $163.04.

Regal Rexnord Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, April 14th. Shareholders of record on Monday, March 31st will be given a $0.35 dividend. The ex-dividend date is Monday, March 31st. This represents a $1.40 annualized dividend and a yield of 1.00%. Regal Rexnord’s dividend payout ratio is currently 44.16%.

Analyst Upgrades and Downgrades

A number of analysts have commented on the stock. Barclays decreased their price target on shares of Regal Rexnord from $205.00 to $190.00 and set an “overweight” rating for the company in a research note on Wednesday, January 8th. StockNews.com downgraded shares of Regal Rexnord from a “strong-buy” rating to a “buy” rating in a research report on Thursday, January 16th. The Goldman Sachs Group raised their price target on shares of Regal Rexnord from $191.00 to $213.00 and gave the company a “buy” rating in a research report on Thursday, December 12th. Robert W. Baird decreased their price objective on Regal Rexnord from $223.00 to $208.00 and set an “outperform” rating for the company in a report on Wednesday, November 6th. Finally, Citigroup dropped their target price on Regal Rexnord from $210.00 to $190.00 and set a “buy” rating on the stock in a report on Tuesday, January 14th. One equities research analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $202.00.

Read Our Latest Report on RRX

Regal Rexnord Company Profile

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Regal Rexnord Corporation manufactures and sells industrial powertrain solutions, power transmission components, electric motors and electronic controls, air moving products, and specialty electrical components and systems worldwide. The Industrial Powertrain Solutions segment provides mounted and unmounted bearings, couplings, mechanical power transmission drives and components, gearboxes, gear motors, clutches, brakes, special, and industrial powertrain components and solutions for food and beverage, bulk material handling, eCommerce/warehouse distribution, energy, mining, marine, agricultural machinery, turf and garden, and general industrial markets.

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Earnings History for Regal Rexnord (NYSE:RRX)

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