NEW YORK, May 23, 2026, 16:02 (EDT)
- Outdoor Holding ended Friday at $2.06, a gain of 2.5% on the day. The shares are up around 7.9% compared to last Friday’s close.
- U.S. stock markets will stay closed Monday for Memorial Day, so POWW traders are on hold until Tuesday.
- June 1, the record date for the company’s preferred-stock dividend, is the next corporate marker to watch.
Outdoor Holding Company finished Friday in the green, wrapping a solid week for the GunBroker.com parent ahead of the Memorial Day market closure.
Shares listed on the Nasdaq ended Friday at $2.06, rising 2.5%. The stock moved between $2.00 and $2.07. That’s up 7.9% from the $1.91 close on May 15. Friday’s trading volume came in around 462,800 shares.
Stock is set to enter a quiet spell, with trading likely to thin out as Memorial Day shuts U.S. markets on Monday, May 25, according to the Nasdaq holiday schedule. The next action points: the market’s Tuesday reopening and Outdoor’s preferred-stock dividend date.
Outdoor said Monday it will pay a cash dividend of $0.546875 per share on its 8.75% Series A cumulative redeemable perpetual preferred stock. Shareholders on record as of June 1 are set to get the payout. The company plans to make the payment on June 15.
The market backdrop helped the stock. The S&P 500 was up 0.4% Friday, the Dow climbed 0.6%, and the Nasdaq Composite picked up 0.2%. All three notched gains for the week. The Russell 2000 rose 2.7% on the week, which matters for a micro-cap like POWW.
Outdoor isn’t a clear peer for firearms makers since it moved toward the GunBroker marketplace. But listed shooting-sports stocks ticked up Friday. Smith & Wesson Brands added 1.0% at $15.47, and Sturm Ruger rose 1.8% to $40.04.
Outdoor’s latest numbers still set the tone for the trade. In February, the company posted third-quarter fiscal 2026 net revenue of $13.39 million, up 7% from the same period last year. Net income before discontinued operations came in at $1.46 million, turning from a year-earlier loss of $21.18 million. Adjusted EBITDA hit $6.55 million.
Chairman and CEO Steve Urvan called the quarter a step forward in Outdoor’s “strategic transformation,” saying the company is running as a “marketplace-only” model. That line is key since investors now see the company more as an online platform rather than a traditional ammo maker.
Outdoor’s September 10-Q said it changed its name from AMMO, Inc. to Outdoor Holding Company on April 21, 2025. The company kept running its online marketplace business after selling off its ammunition manufacturing unit. GunBroker backs legal sales of firearms, ammo, and hunting and shooting accessories through buyers, sellers, and licensed firearm dealers.
Analyst coverage is still light. Roth Capital’s most recent move was to keep a Buy and set a $2.30 target on Feb. 10, according to Benzinga. Benzinga also says Roth Capital, Lake Street, Roth MKM and EF Hutton have given ratings on the stock.
But it’s not a straight shot for POWW. Shares hover around $2 and see only moderate volume. The business depends on a marketplace linked to the regulated firearms world, with federal and state laws shaping restricted-item sales. If GunBroker’s user numbers, listings, or ticket sizes fall back from recent highs, margin gains from cost cuts might not keep POWW shares pushing higher.
Traders are looking at Tuesday, May 26, to see if Friday’s move holds up when markets open again. The focus now turns to the June 1 preferred-stock record date, with no new common-share dividend news out yet.
