National Presto Industries (NYSE:NPK) Releases Quarterly Earnings Results

National Presto Industries (NYSE:NPK) announced its quarterly 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 Price Performance

NYSE NPK opened at $89.20 on Friday. The firm’s 50-day moving average is $96.90 and its two-hundred day moving average is $85.55. National Presto Industries has a 12 month low of $69.58 and a 12 month high of $103.93. The stock has a market capitalization of $633.32 million, a P/E ratio of 18.78 and a beta of 0.54.

National Presto Industries Announces Dividend

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

Analyst Ratings Changes

Separately, StockNews.com cut shares of National Presto Industries from a “buy” rating to a “hold” rating in a research 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.