Rush Enterprises Q2 EPS $0.91, Announces 3:2 Stock Split and 10.5% Dividend Hike
RUSHA sits 73% above its 52-week low of $45.67.
Summary
Rush Enterprises reported Q2 2026 revenue of $1.90 billion, slightly beating estimates, and EPS of $0.91, slightly ahead of last year's $0.90. Management called Q1 the trough of the industry downcycle and pointed to improving freight rates, customer sentiment, and order intake. The board declared a 3-for-2 stock split and a post-split dividend of $0.14 per share, a 10.5% increase over the prior quarterly payout. The company also completed acquisitions of five Peterbilt dealerships in Louisiana and five commercial vehicle dealerships in Ontario, expanding its Gulf Coast and Canadian footprint. These moves follow the May investor presentation highlighting a positive industry outlook and the June credit line increase for the Canadian subsidiary. The stock is trading near its 52-week high, reflecting market optimism around the recovery narrative and capital return strategy.
At the time of this announcement, RUSHA was trading at $78.82 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $6.1B. The 52-week trading range was $45.67 to $80.17. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: GlobeNewswire.