Rush Enterprises, Inc. · Consumer Discretionary · Auto & Truck Dealerships
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Last
$64.46
−$1.04 (−1.59%) 4:00 PM ET
After hours$64.39
−$0.07 (−0.11%) 6:27 AM ET
Prev closePrevC$65.50
OpenOpen$64.94
Day highHigh$65.03
Day lowLow$62.75
VolumeVol59,182
Avg volAvgVol44,884
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Mkt cap
$4.95B
P/E ratio
19.71
FY Revenue
$7.43B
EPS
3.27
Gross Margin
20.52%
Sector
Consumer Discretionary
AI report sections
MIXED
RUSHB
Rush Enterprises, Inc.
Rush Enterprises Inc’s RUSHB shares are trading near the top of their 52-week range with solid 1–6 month price gains and price action above key moving averages. Fundamentals show healthy profitability and strong free cash flow generation alongside slightly negative revenue and earnings growth. Valuation appears moderate on earnings and cash flow metrics, while elevated short volume ratios and modest liquidity ratios highlight areas of ongoing risk monitoring.
Rush Enterprises, Inc. Reports First Quarter 2024 Results, Announces $0.17 Per Share Dividend
SAN ANTONIO, April 23, 2024 (GLOBE NEWSWIRE) -- Rush Enterprises, Inc. (NASDAQ: RUSHA & RUSHB), which operates the largest network of commercial vehicle dealerships in North America, today announced that for the quarter ended March 31, 2024, the Company achieved revenues of $1.872 billion and net income of $71.6 million, or $0.88 per diluted share, compared with revenues of $1.912 billion and net income of $90.5 million, or $1.07 per diluted share, in the quarter ended March 31, 2023. Additionally, the Company’s Board of Directors declared a cash dividend of $0.17 per share of Class A and Class B Common Stock, to be paid on June 10, 2024, to all shareholders of record as of May 9, 2024.
RUSHARUSHBEarnings Releases and Operating Results
UnknownGlobeNewswire Inc.• Rush Enterprises, Inc.
Rush Enterprises, Inc. Conference Call Advisory For First Quarter 2024 Earnings Results
SAN ANTONIO, April 16, 2024 (GLOBE NEWSWIRE) -- Rush Enterprises, Inc., (NASDAQ: RUSHA & RUSHB), which operates the largest network of commercial vehicle dealerships in North America will host a conference call to discuss earnings for the first quarter of 2024 on Wednesday, April 24, 2024 at 10:00 a.m. Eastern/9:00 a.m. Central. Earnings will be reported after the close of market on Tuesday, April 23, 2024.
RUSHARUSHBCalendar of EventsConference Calls/ Webcasts
UnknownGlobeNewswire Inc.• Rush Enterprises, Inc.
Rush Truck Centers launches special sweepstakes for the chance to win the final Peterbilt Model 389 ever produced; proceeds to benefit Wounded Warrior Project
SAN ANTONIO, March 26, 2024 (GLOBE NEWSWIRE) -- Rush Enterprises, Inc. (NASDAQ: RUSHA and RUSHB), which operates the largest network of commercial vehicle dealerships in North America, in conjunction with Rush Enterprises Foundation, today announced a special sweepstakes benefiting Wounded Warrior Project® (WWP), for the chance to win the last and only 2025 Peterbilt Model 389X ever produced.
Rush Enterprises announces retirements of Michael McRoberts, Chief Operating Officer and Scott Anderson, Senior Vice President of Finance, Insurance and Leasing
SAN ANTONIO, March 08, 2024 (GLOBE NEWSWIRE) -- Rush Enterprises, Inc. (NASDAQ: RUSHA and RUSHB), which operates the largest network of commercial vehicle dealerships in North America, announced today that Michael McRoberts, Chief Operating Officer and a member of the Board of Directors of the Company, will step down from his role as COO later this year, and Scott Anderson, Senior Vice President of Finance, Insurance and Leasing, will retire effective March 30, 2024.
RUSHARUSHBDirectors and Officers
UnknownGlobeNewswire Inc.• Rush Enterprises, Inc.
Rush Enterprises, Inc. Reports Fourth Quarter and Year-End 2023 Results, Announces $0.17 Per Share Dividend
SAN ANTONIO, Texas, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Rush Enterprises, Inc. (NASDAQ: RUSHA & RUSHB), which operates the largest network of commercial vehicle dealerships in North America, today announced that for the year ended December 31, 2023, the Company achieved revenues of $7.9 billion and net income of $347.1 million, or $4.15 per diluted share, compared with revenues of $7.1 billion and net income of $391.4 million, or $4.57 per diluted share, for the year ended December 31, 2022. In 2022, Cummins Inc. and the Company closed on Cummins’ acquisition of a 50% equity interest in Momentum Fuel Technologies that resulted in a $12.5 million pre-tax gain, and the Company closed on its acquisition of an additional 30% interest in Rush Truck Centres of Canada Limited, which resulted in a $9.8 million gain. Excluding the one-time gains related to those transactions, the Company’s adjusted net income for the year ended December 31, 2022, was $372.0 million, or $4.34 per diluted share. Additionally, the Company’s Board of Directors declared a cash dividend of $0.17 per share of Class A and Class B common stock, to be paid on March 18, 2024, to all shareholders of record as of February 27, 2024.
RUSHARUSHBCalendar of EventsDividend Reports and EstimatesEarnings Releases and Operating ResultsConference Calls/ Webcasts
UnknownGlobeNewswire Inc.• Rush Enterprises, Inc.
Rush Enterprises, Inc. Conference Call Advisory for Fourth Quarter and Year-End 2023 Earnings Results
SAN ANTONIO, Jan. 31, 2024 (GLOBE NEWSWIRE) -- Rush Enterprises, Inc., (NASDAQ: RUSHA & RUSHB), which operates the largest network of commercial vehicle dealerships in North America will host a conference call to discuss earnings for the fourth quarter and year-end 2023 on Wednesday, February 14, 2024 at 10:00 a.m. Eastern/9:00 a.m. Central. Earnings will be reported after the close of market on Tuesday, February 13, 2024.
RUSHARUSHBCalendar of EventsConference Calls/ Webcasts
UnknownGlobeNewswire Inc.• Rush Enterprises, Inc.
Rush Enterprises, Inc. Reports Third Quarter 2023 Results, Announces $0.17 Per Share Dividend
SAN ANTONIO, Oct. 24, 2023 (GLOBE NEWSWIRE) -- Rush Enterprises, Inc. (NASDAQ: RUSHA & RUSHB), which operates the largest network of commercial vehicle dealerships in North America, today announced that for the third quarter ended September 30, 2023, the Company achieved revenues of $1.981 billion and net income of $80.3 million, or $0.96 per diluted share, compared with revenues of $1.86 billion and net income of $90.4 million, or $1.06 per diluted share, in the quarter ended September 30, 2022. In the third quarter of 2023, the Company recognized a one-time, pre-tax charge of approximately $2.5 million, or $0.02 per share, related to a fire loss at our San Antonio, Texas facility. Additionally, the Company’s Board of Directors declared a cash dividend of $0.17 per share of Class A and Class B common stock, to be paid on December 12, 2023, to all shareholders of record as of November 9, 2023.
RUSHARUSHBEarnings Releases and Operating Results
UnknownGlobeNewswire Inc.• Rush Enterprises, Inc.
Rush Enterprises, Inc. Conference Call Advisory For Third Quarter 2023 Earnings Results
SAN ANTONIO, Oct. 11, 2023 (GLOBE NEWSWIRE) -- Rush Enterprises, Inc., (NASDAQ: RUSHA & RUSHB), which operates the largest network of commercial vehicle dealerships in North America, will host a conference call to discuss earnings for the third quarter of 2023 on Wednesday, October 25, 2023 at 10:00 a.m. Eastern/9:00 a.m. Central. Earnings will be reported after the close of market on Tuesday, October 24, 2023.
RUSHARUSHBCalendar of EventsConference Calls/ Webcasts
UnknownGlobeNewswire Inc.• Rush Enterprises, Inc.
Rush Enterprises, Inc. Announces Additions to Board of Directors
SAN ANTONIO, Oct. 10, 2023 (GLOBE NEWSWIRE) -- Rush Enterprises, Inc. (NASDAQ: RUSHA and RUSHB), which operates the largest network of commercial vehicle dealerships in North America, announced today that it has appointed Amy Boerger and Michael McRoberts to serve as members of its Board of Directors, effectively immediately. Both will serve until the 2024 annual meeting of stockholders and will be subject to annual election thereafter.
RUSHARUSHBDirectors and Officers
UnknownGlobeNewswire Inc.• Rush Enterprises, Inc.
Rush Enterprises announces limited-edition pink mudflaps and monetary donation in support of the Breast Cancer Research Foundation
SAN ANTONIO, Texas, Sept. 05, 2023 (GLOBE NEWSWIRE) -- Rush Enterprises, Inc. (NASDAQ: RUSHA and RUSHB), which operates the largest network of commercial vehicle dealerships in North America, is offering limited-edition pink mudflaps to raise awareness for Breast Cancer Awareness Month. The pink mudflaps, which feature the Rush Truck Centers logo and iconic ribbon are available at all Rush Truck Centers locations in September and October. For every mudflap sold, Rush Truck Centers and promotional marketing company Boundless will donate $2 to the Breast Cancer Research Foundation.
RUSHARUSHBHealthProduct / Services Announcement
UnknownSeeking Alpha• Justin Law
Dividend Champion, Contender, And Challenger Highlights: Week Of July 30
A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Read more to see the companies with upcoming ex-dividend dates.
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UnknownGlobeNewswire Inc.• Rush Enterprises, Inc.
Rush Enterprises, Inc. Reports Second Quarter 2023 Results, Announces Three-For-Two Stock Split and $0.17 Per Share Dividend (Post-Stock Split)
SAN ANTONIO, July 25, 2023 (GLOBE NEWSWIRE) -- Rush Enterprises, Inc. (NASDAQ: RUSHA & RUSHB), which operates the largest network of commercial vehicle dealerships in North America, today announced that for the quarter ended June 30, 2023, the Company achieved revenues of $2.003 billion and net income of $98.3 million, or $1.75 per diluted share, compared with revenues of $1.791 billion and net income of $110.2 million, or $1.92 per diluted share, in the quarter ended June 30, 2022. On May 2, 2022, the Company closed on its acquisition of an additional 30% interest in Rush Truck Centres of Canada Limited, which resulted in a $9.8 million gain. Excluding the one-time gain related to the acquisition, the Company’s adjusted net income for the quarter ended June 30, 2022 was $100.4 million, or $1.75 per diluted share. The Company’s Board of Directors declared a three-for-two stock split with respect to both the Company’s Class A and Class B common stock. The stock split will be effected in the form of a stock dividend payable on August 28, 2023, to shareholders of record as of August 7, 2023. Holders of the Company’s common stock will receive an additional one-half share for each share of common stock held as of the record date. The stock split will increase the number of outstanding shares of Class A common stock from approximately 41,690,232 to approximately 62,535,348 and will increase the number of outstanding shares of Class B common stock from approximately 12,140,108 to approximately 18,210,161. Additionally, the Company’s Board of Directors declared a cash dividend of $0.17 per share of Class A and Class B common stock, to be paid on September 22, 2023, to all shareholders of record as of September 7, 2023. “We remain dedicated to returning capital to our shareholders, and we are pleased to announce a post-stock split cash dividend of $0.17 per share. After the stock split, this represents a 21.4% increase in the quarterly cash dividend paid to our shareholders compared to the prior quarterly dividend,” said W.M. “Rusty” Rush, Chairman, Chief Executive Officer and President of Rush Enterprises, Inc.
RUSHARUSHBEarnings Releases and Operating Results
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