National Presto Industries (NYSE:NPK) Posts Earnings Results

National Presto Industries (NYSE:NPK) released its earnings results on Friday. The conglomerate reported $2.91 earnings per share for the quarter, Zacks reports. National Presto Industries had a net margin of 9.63% and a return on equity of 9.88%.

National Presto Industries Trading Up 1.0 %

NYSE NPK traded up $0.92 on Friday, reaching $89.20. The company’s stock had a trading volume of 30,599 shares, compared to its average volume of 39,039. National Presto Industries has a 52 week low of $69.58 and a 52 week high of $103.93. The firm has a market cap of $633.32 million, a PE ratio of 18.78 and a beta of 0.54. The business has a 50-day moving average price of $96.90 and a 200 day moving average price of $85.55.

National Presto Industries Announces Dividend

The firm also recently disclosed an annual dividend, which will be paid on Monday, March 17th. Stockholders of record on Tuesday, March 4th will be issued a dividend of $1.00 per share. This represents a dividend yield of 1%. The ex-dividend date is Tuesday, March 4th. National Presto Industries’s payout ratio is 21.05%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered National Presto Industries from a “buy” rating to a “hold” rating in a report on Tuesday, December 3rd.

National Presto Industries Company Profile

National Presto Industries, Inc provides housewares and small appliance, defense, and safety products in North America. The company’s Housewares/Small Appliance segment designs, markets, and distributes housewares and small electrical appliances, including pressure cookers and canners; heat control line of skillets, griddles, woks, and multi-purpose cookers; slow cookers; deep fryers; air fryers; waffle makers; pizza ovens; slicer/shredders; electric heaters; hot air, oil, and microwave corn poppers; dehydrators; vacuum sealers; rice cookers; microwave bacon cookers; egg cookers; coffeemakers and coffeemaker accessories; electric knife sharpeners; and timers under the Presto Control Master brand.