Burnham (OTCMKTS:BURCA) Announces Earnings Results

Burnham (OTCMKTS:BURCA) released its quarterly earnings data on Thursday. The industrial products company reported $2.05 EPS for the quarter, Zacks reports. Burnham had a net margin of 3.51% and a return on equity of 8.84%. The business had revenue of $94.10 million during the quarter.

Burnham Trading Up 9.3 %

Shares of OTCMKTS BURCA traded up $1.30 during trading hours on Friday, hitting $15.30. 14,034 shares of the company traded hands, compared to its average volume of 607. The company’s 50 day moving average price is $14.06 and its 200 day moving average price is $13.76. Burnham has a 12 month low of $12.05 and a 12 month high of $16.19. The stock has a market capitalization of $51.26 million, a price-to-earnings ratio of 7.93 and a beta of 0.33. The company has a current ratio of 3,193.81, a quick ratio of 3,191.78 and a debt-to-equity ratio of 0.47.

Burnham Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 20th will be given a dividend of $0.23 per share. The ex-dividend date of this dividend is Thursday, March 20th. This represents a $0.92 dividend on an annualized basis and a yield of 6.01%. Burnham’s dividend payout ratio (DPR) is presently 47.67%.

Burnham Company Profile

Burnham Holdings, Inc designs, manufactures, and sells boilers and related heating, ventilation, and air conditioning products and accessories for residential, commercial, and industrial applications in the United States and internationally. Its residential hydronic heating products include cast iron, stainless steel, and steel boilers; cast iron and steel heat distribution products; radiators; and warm air furnaces and central air conditioning systems for the residential heating and cooling markets, including units for the manufactured housing industry.