Camping World Holdings, Inc. (NYSE:CWH) Declares Quarterly Dividend of $0.13

Camping World Holdings, Inc. (NYSE:CWH) announced a quarterly dividend on Friday, November 22nd,NASDAQ Dividends reports. Shareholders of record on Friday, December 13th will be paid a dividend of 0.125 per share on Monday, December 30th. This represents a $0.50 dividend on an annualized basis and a yield of 2.07%. The ex-dividend date is Friday, December 13th.

Camping World has a dividend payout ratio of 52.6% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Camping World to earn $1.00 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 50.0%.

Camping World Stock Up 1.7 %

Shares of CWH stock opened at $24.20 on Friday. Camping World has a 1 year low of $17.29 and a 1 year high of $28.72. The company has a debt-to-equity ratio of 9.67, a quick ratio of 0.19 and a current ratio of 1.23. The stock’s 50 day simple moving average is $23.09 and its two-hundred day simple moving average is $21.30.

Insiders Place Their Bets

In other Camping World news, CEO Marcus Lemonis sold 125,000 shares of the firm’s stock in a transaction on Friday, September 13th. The stock was sold at an average price of $22.84, for a total transaction of $2,855,000.00. Following the transaction, the chief executive officer now directly owns 155,268 shares in the company, valued at $3,546,321.12. This trade represents a 44.60 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 43.80% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

CWH has been the topic of a number of recent research reports. StockNews.com upgraded Camping World from a “sell” rating to a “hold” rating in a research report on Thursday, November 14th. Roth Mkm restated a “buy” rating and set a $28.00 price objective (up from $26.00) on shares of Camping World in a research report on Wednesday, October 30th. Truist Financial increased their price target on Camping World from $26.00 to $28.00 and gave the stock a “buy” rating in a report on Friday, September 20th. Raymond James upgraded Camping World from a “market perform” rating to an “outperform” rating and set a $27.00 price target on the stock in a report on Wednesday, October 30th. Finally, KeyCorp increased their price target on Camping World from $25.00 to $27.00 and gave the stock an “overweight” rating in a report on Wednesday, October 30th. Two investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $27.75.

About Camping World

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.