Camping World Holdings, Inc. (CWH) to Issue Quarterly Dividend of $0.13 on March 27th

Camping World Holdings, Inc. (NYSE:CWH) declared a quarterly dividend on Friday, February 21st, NASDAQ Dividends reports. Stockholders of record on Friday, March 14th will be given a dividend of 0.125 per share on Thursday, March 27th. This represents a $0.50 annualized dividend and a dividend yield of 3.02%. The ex-dividend date is Friday, March 14th.

Camping World has decreased its dividend payment by an average of 28.0% per year over the last three years. Camping World has a payout ratio of 35.7% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Camping World to earn $0.78 per share next year, which means the company should continue to be able to cover its $0.50 annual dividend with an expected future payout ratio of 64.1%.

Camping World Stock Performance

Shares of Camping World stock opened at $16.55 on Wednesday. The stock has a market capitalization of $1.69 billion, a price-to-earnings ratio of -23.98, a price-to-earnings-growth ratio of 0.92 and a beta of 2.57. The company has a debt-to-equity ratio of 9.67, a current ratio of 1.23 and a quick ratio of 0.19. The business has a 50-day moving average of $21.55 and a 200 day moving average of $22.41. Camping World has a 12 month low of $15.39 and a 12 month high of $28.33.

Camping World (NYSE:CWH) last posted its quarterly earnings data on Tuesday, February 25th. The company reported ($0.55) EPS for the quarter, meeting the consensus estimate of ($0.55). Camping World had a negative net margin of 0.40% and a negative return on equity of 23.77%. The business had revenue of $1.20 billion during the quarter, compared to analyst estimates of $1.13 billion. As a group, sell-side analysts forecast that Camping World will post -0.66 earnings per share for the current year.

Insider Transactions at Camping World

In related news, President Matthew D. Wagner purchased 5,725 shares of Camping World stock in a transaction that occurred on Tuesday, March 4th. The stock was purchased at an average cost of $17.61 per share, with a total value of $100,817.25. Following the completion of the transaction, the president now directly owns 300,640 shares in the company, valued at approximately $5,294,270.40. The trade was a 1.94 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 43.80% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on CWH. Truist Financial increased their price objective on Camping World from $26.00 to $28.00 and gave the company a “buy” rating in a research note on Monday, February 10th. Bank of America began coverage on shares of Camping World in a report on Thursday, December 19th. They issued a “buy” rating and a $30.00 target price on the stock. Finally, StockNews.com upgraded shares of Camping World from a “sell” rating to a “hold” rating in a report on Thursday, November 14th. Two analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $27.71.

Camping World Company Profile

Camping World Holdings, Inc, together its subsidiaries, retails recreational vehicles (RVs), and related products and services in the United States. It operates in two segments, Good Sam Services and Plans; and RV and Outdoor Retail. The company provides a portfolio of services, protection plans, products, and resources in the RV industry.