Ringcentral, Inc. (RNG) To Go Ex-Dividend on March 9th

Ringcentral, Inc. (NYSE:RNG) declared a quarterly dividend on Thursday, February 19th. Investors of record on Monday, March 9th will be given a dividend of 0.075 per share by the software maker on Monday, March 16th. This represents a c) dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Monday, March 9th.

Ringcentral Price Performance

Ringcentral stock opened at $39.50 on Friday. Ringcentral has a fifty-two week low of $20.58 and a fifty-two week high of $40.64. The firm has a fifty day moving average price of $28.38 and a two-hundred day moving average price of $28.87. The firm has a market cap of $3.42 billion, a price-to-earnings ratio of 82.29, a P/E/G ratio of 1.21 and a beta of 1.23.

Ringcentral (NYSE:RNG) last posted its quarterly earnings data on Thursday, February 19th. The software maker reported $1.18 earnings per share for the quarter, topping the consensus estimate of $1.14 by $0.04. The business had revenue of $644.03 million during the quarter, compared to analysts’ expectations of $643.52 million. Ringcentral had a negative return on equity of 29.05% and a net margin of 1.73%.The firm’s revenue was up 4.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.98 EPS. Ringcentral has set its FY 2026 guidance at 4.760-4.970 EPS and its Q1 2026 guidance at 1.160-1.190 EPS. As a group, sell-side analysts expect that Ringcentral will post 1.29 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on RNG shares. Oppenheimer restated an “outperform” rating on shares of Ringcentral in a report on Friday. Mizuho boosted their price target on Ringcentral from $27.00 to $32.00 and gave the company a “neutral” rating in a research note on Friday. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Ringcentral in a report on Monday, December 29th. Morgan Stanley decreased their price objective on Ringcentral from $31.00 to $30.00 and set an “equal weight” rating on the stock in a report on Thursday, January 15th. Finally, Rosenblatt Securities boosted their price objective on Ringcentral from $32.00 to $37.50 and gave the company a “buy” rating in a research report on Friday. Four analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $32.88.

Ringcentral Company Profile

RingCentral, Inc is a leading provider of cloud-based business communications and collaboration solutions. The company’s flagship platform delivers unified communications as a service (UCaaS), integrating voice over IP (VoIP) phone systems, video conferencing, team messaging and SMS into a single, cloud-native application. In addition to its UCaaS offering, RingCentral provides contact center as a service (CCaaS) capabilities, enabling organizations to manage customer interactions across voice, email, chat and social channels from a centralized dashboard.

Founded in 1999 and headquartered in Belmont, California, RingCentral went public on the New York Stock Exchange under the ticker RNG in 2013.