Equities Analysts Set Expectations for RELL FY2026 Earnings

Richardson Electronics, Ltd. (NASDAQ:RELL) – Stock analysts at Northland Capmk issued their FY2026 EPS estimates for Richardson Electronics in a research report issued on Monday, October 14th. Northland Capmk analyst B. Brooks forecasts that the technology company will post earnings per share of $0.75 for the year. The consensus estimate for Richardson Electronics’ current full-year earnings is $0.44 per share.

Richardson Electronics (NASDAQ:RELL) last released its earnings results on Wednesday, October 9th. The technology company reported $0.04 earnings per share for the quarter, beating the consensus estimate of ($0.01) by $0.05. Richardson Electronics had a negative net margin of 0.40% and a negative return on equity of 0.24%. The business had revenue of $53.73 million during the quarter, compared to analysts’ expectations of $49.45 million. During the same period last year, the business earned $0.09 earnings per share.

Separately, StockNews.com raised shares of Richardson Electronics from a “sell” rating to a “hold” rating in a research report on Friday, July 26th.

Richardson Electronics Trading Down 0.4 %

NASDAQ:RELL opened at $13.47 on Thursday. Richardson Electronics has a 1-year low of $8.08 and a 1-year high of $14.30. The firm has a fifty day simple moving average of $12.04 and a 200 day simple moving average of $11.36. The stock has a market capitalization of $192.32 million, a PE ratio of 48.11, a P/E/G ratio of 1.96 and a beta of 0.96.

Institutional Investors Weigh In On Richardson Electronics

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Squarepoint Ops LLC raised its stake in Richardson Electronics by 11.8% in the second quarter. Squarepoint Ops LLC now owns 21,722 shares of the technology company’s stock valued at $258,000 after purchasing an additional 2,284 shares in the last quarter. American Century Companies Inc. raised its stake in Richardson Electronics by 14.7% in the second quarter. American Century Companies Inc. now owns 18,372 shares of the technology company’s stock valued at $218,000 after purchasing an additional 2,359 shares in the last quarter. Redmont Wealth Advisors LLC raised its stake in Richardson Electronics by 4.7% in the first quarter. Redmont Wealth Advisors LLC now owns 57,591 shares of the technology company’s stock valued at $530,000 after purchasing an additional 2,590 shares in the last quarter. Rhumbline Advisers raised its stake in Richardson Electronics by 19.5% in the second quarter. Rhumbline Advisers now owns 17,206 shares of the technology company’s stock valued at $205,000 after purchasing an additional 2,803 shares in the last quarter. Finally, Victory Capital Management Inc. raised its stake in Richardson Electronics by 32.1% in the second quarter. Victory Capital Management Inc. now owns 11,636 shares of the technology company’s stock valued at $138,000 after purchasing an additional 2,830 shares in the last quarter. Institutional investors and hedge funds own 71.95% of the company’s stock.

Insider Transactions at Richardson Electronics

In other news, Director James Benham bought 4,500 shares of the company’s stock in a transaction dated Tuesday, October 15th. The stock was bought at an average price of $13.29 per share, with a total value of $59,805.00. Following the completion of the acquisition, the director now owns 13,706 shares of the company’s stock, valued at $182,152.74. This represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 32.50% of the company’s stock.

Richardson Electronics Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 27th. Shareholders of record on Friday, November 8th will be given a dividend of $0.06 per share. The ex-dividend date is Friday, November 8th. This represents a $0.24 dividend on an annualized basis and a yield of 1.78%. Richardson Electronics’s dividend payout ratio (DPR) is 85.71%.

About Richardson Electronics

Richardson Electronics, Ltd. engages in the provision of engineered solutions, power grid and microwave tube, and related consumables worldwide. The Power and Microwave Technologies segment manufactures electron tubes and radio frequency (RF), microwave and power components used in semiconductor manufacturing equipment, RF, and wireless and industrial power applications, as well as various applications including broadcast transmission, CO2 laser cutting, diagnostic imaging, dielectric and induction heating, energy transfer, high voltage switching, plasma, power conversion, radar, and radiation oncology.