RCI Hospitality (RICK) Stock Price, News & Analysis

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for RCI Hospitality in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" RICK shares.
View RICK analyst ratings or view top-rated stocks.

2 brokerages have issued 1-year price objectives for RCI Hospitality's stock. Their RICK share price targets range from $115.00 to $125.00. On average, they anticipate the company's share price to reach $120.00 in the next year. This suggests a possible upside of 139.6% from the stock's current price.
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RCI Hospitality's stock was trading at $66.26 at the beginning of 2024. Since then, RICK stock has decreased by 24.4% and is now trading at $50.08.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our RICK earnings forecast.

RCI Hospitality Holdings Inc (NASDAQ:RICK) issued its quarterly earnings results on Thursday, February, 8th. The restaurant operator reported $0.87 earnings per share for the quarter, missing analysts' consensus estimates of $0.93 by $0.06. The restaurant operator earned $73.90 million during the quarter, compared to the consensus estimate of $73.30 million. RCI Hospitality had a trailing twelve-month return on equity of 10.67% and a net margin of 8.81%. RCI Hospitality's quarterly revenue was up 5.6% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.11 earnings per share.

RCI Hospitality declared a quarterly dividend on Wednesday, February 28th. Shareholders of record on Friday, March 15th will be paid a dividend of $0.06 per share on Friday, March 29th. This represents a $0.24 dividend on an annualized basis and a yield of 0.48%. The ex-dividend date of this dividend is Thursday, March 14th.
Read our dividend analysis for RICK.

RCI Hospitality (NASDAQ:RICK) pays an annual dividend of $0.24 per share and currently has a dividend yield of 0.47%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 8.60%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RICK will have a dividend payout ratio of 4.00% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for RICK.

ETFs with the largest weight of RCI Hospitality (NASDAQ:RICK) stock in their portfolio include Formidable ETF (FORH).First Trust Dow Jones Select Microcap Index Fund (FDM).

RCI Hospitality declared that its Board of Directors has initiated a share repurchase program on Tuesday, May 24th 2022, which authorizes the company to buyback $25,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to repurchase up to 4.7% of its stock through open market purchases. Stock buyback programs are usually a sign that the company's board of directors believes its stock is undervalued.

11 employees have rated RCI Hospitality Chief Executive Officer Eric S. Langan on Glassdoor.com. Eric S. Langan has an approval rating of 64% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other RCI Hospitality investors own include NVIDIA (NVDA), Salesforce (CRM), Gilead Sciences (GILD), AT&T (T), Tesla (TSLA), Visa (V), Alibaba Group (BABA), Walt Disney (DIS), Southwest Airlines (LUV) and Mastercard (MA).

RCI Hospitality's stock is owned by a number of retail and institutional investors. Top institutional investors include Annex Advisory Services LLC (0.07%). Insiders that own company stock include Adw Capital Management, Llc, Bradley Lim Chhay, Eric Scott Langan, Johnson Martin Elaine, Travis Reese, Yura V Barabash and Yura V Barabash.
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Shares of RICK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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