B. Riley Has Bearish Outlook for Reservoir Media Q2 Earnings

Key Points

• B. Riley has lowered its Q2 2026 earnings estimate for Reservoir Media to $0.04 per share, down from $0.05, while maintaining a "Buy" rating and a target price of $11.50 for the stock.
• Reservoir Media reported a net revenue of $37.16 million for the latest quarter, meeting consensus estimates, but posted an earnings per share (EPS) of (0.01).
• Institutional investors hold 44.38% of Reservoir Media's stock, with notable increases in holdings by firms like Wells Fargo and Goldman Sachs.

Reservoir Media, Inc. (NASDAQ:RSVR - Free Report) - B. Riley lowered their Q2 2026 earnings estimates for shares of Reservoir Media in a note issued to investors on Tuesday, August 5th. B. Riley analyst G. Boss now anticipates that the company will post earnings per share of $0.04 for the quarter, down from their previous estimate of $0.05. B. Riley has a "Buy" rating and a $11.50 price objective on the stock. The consensus estimate for Reservoir Media's current full-year earnings is $0.11 per share. B. Riley also issued estimates for Reservoir Media's Q3 2026 earnings at $0.03 EPS, Q4 2026 earnings at $0.05 EPS, FY2026 earnings at $0.10 EPS and FY2027 earnings at $0.10 EPS.

Separately, Wall Street Zen raised shares of Reservoir Media from a "sell" rating to a "hold" rating in a research note on Monday, June 23rd.

Reservoir Media Stock Down 0.7%

Shares of NASDAQ RSVR traded down $0.05 during midday trading on Thursday, reaching $7.55. The company's stock had a trading volume of 146,256 shares, compared to its average volume of 101,604. The company has a current ratio of 1.29, a quick ratio of 1.20 and a debt-to-equity ratio of 1.05. Reservoir Media has a fifty-two week low of $6.56 and a fifty-two week high of $9.83. The stock has a market capitalization of $494.98 million, a price-to-earnings ratio of 68.64, a PEG ratio of 6.61 and a beta of 0.89. The stock has a 50 day simple moving average of $7.64 and a 200-day simple moving average of $7.58.

Reservoir Media (NASDAQ:RSVR - Get Free Report) last posted its quarterly earnings data on Tuesday, August 5th. The company reported ($0.01) earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of ($0.01). Reservoir Media had a net margin of 4.67% and a return on equity of 2.07%. The company had revenue of $37.16 billion for the quarter, compared to the consensus estimate of $36.88 million.

Institutional Investors Weigh In On Reservoir Media

Institutional investors and hedge funds have recently bought and sold shares of the company. Police & Firemen s Retirement System of New Jersey acquired a new position in Reservoir Media during the second quarter worth about $34,000. Geode Capital Management LLC raised its stake in Reservoir Media by 2.8% during the second quarter. Geode Capital Management LLC now owns 641,418 shares of the company's stock worth $4,921,000 after acquiring an additional 17,384 shares in the last quarter. Boston Partners raised its stake in Reservoir Media by 4.7% during the second quarter. Boston Partners now owns 100,314 shares of the company's stock worth $769,000 after acquiring an additional 4,464 shares in the last quarter. First Pacific Advisors LP raised its stake in Reservoir Media by 4,906.3% during the second quarter. First Pacific Advisors LP now owns 329,066 shares of the company's stock worth $2,524,000 after acquiring an additional 322,493 shares in the last quarter. Finally, Inspire Investing LLC raised its stake in Reservoir Media by 10.2% during the second quarter. Inspire Investing LLC now owns 51,610 shares of the company's stock worth $396,000 after acquiring an additional 4,772 shares in the last quarter. Institutional investors own 44.38% of the company's stock.

About Reservoir Media

Reservoir Media, Inc operates as a music publishing company. It operates through two segments, Music Publishing and Recorded Music. The Music Publishing segment acquires interests in music catalogs, as well as signs songwriters. The Recorded Music segment engages in the acquisition of sound recording catalogs; discovery and development of recording artists; and marketing, distribution, sale, and licensing of the music catalogs.