What is B. Riley's Estimate 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) - Analysts at B. Riley cut their Q2 2026 earnings per share estimates for shares of Reservoir Media in a research note issued on Tuesday, August 5th. B. Riley analyst G. Boss now anticipates that the company will earn $0.04 per share for the quarter, down from their previous estimate of $0.05. B. Riley currently has a "Buy" rating and a $11.50 target price 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.

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 for the quarter, meeting analysts' consensus estimates of ($0.01). Reservoir Media had a return on equity of 2.07% and a net margin of 4.67%. The company had revenue of $37.16 billion during the quarter, compared to analyst estimates of $36.88 million.

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

Reservoir Media Stock Up 2.9%

RSVR traded up $0.22 during trading on Thursday, hitting $7.77. 34,214 shares of the company's stock traded hands, compared to its average volume of 57,016. The company's 50 day simple moving average is $7.64 and its two-hundred day simple moving average is $7.57. The company has a current ratio of 1.29, a quick ratio of 1.29 and a debt-to-equity ratio of 1.05. Reservoir Media has a 12-month low of $6.56 and a 12-month high of $9.83. The stock has a market capitalization of $509.39 million, a price-to-earnings ratio of 70.73, a PEG ratio of 6.57 and a beta of 0.89.

Hedge Funds Weigh In On Reservoir Media

Institutional investors and hedge funds have recently modified their holdings of the company. Police & Firemen s Retirement System of New Jersey purchased a new position in shares of Reservoir Media in the second quarter valued at about $34,000. BNP Paribas Financial Markets purchased a new stake in shares of Reservoir Media in the fourth quarter valued at approximately $51,000. First Pacific Advisors LP purchased a new stake in shares of Reservoir Media in the first quarter valued at approximately $50,000. Corton Capital Inc. purchased a new stake in shares of Reservoir Media in the first quarter valued at approximately $105,000. Finally, Wells Fargo & Company MN boosted its holdings in shares of Reservoir Media by 22.4% in the fourth quarter. Wells Fargo & Company MN now owns 13,851 shares of the company's stock valued at $125,000 after purchasing an additional 2,531 shares during the period. 44.38% of the stock is currently owned by hedge funds and other institutional investors.

Reservoir Media Company Profile

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.