Q3 EPS Estimates for Reservoir Media Lowered by Roth Capital

Key Points

• Roth Capital has lowered its Q3 2026 earnings per share estimate for Reservoir Media to $0.02, down from $0.03, with a full-year estimate of $0.11 per share.
• Shares of Reservoir Media opened at $7.63, with a market cap of $497.91 million and a price-to-earnings ratio of 69.32.
• Recent analysis shows that 44.38% of Reservoir Media's stock is currently owned by institutional investors and hedge funds, indicating significant interest from major financial players.

Reservoir Media, Inc. (NASDAQ:RSVR - Free Report) - Stock analysts at Roth Capital cut their Q3 2026 earnings estimates for shares of Reservoir Media in a report released on Tuesday, August 5th. Roth Capital analyst R. Baldry now forecasts that the company will post earnings of $0.02 per share for the quarter, down from their previous forecast of $0.03. The consensus estimate for Reservoir Media's current full-year earnings is $0.11 per share. Roth Capital also issued estimates for Reservoir Media's Q4 2026 earnings at $0.07 EPS, FY2026 earnings at $0.13 EPS, Q1 2027 earnings at $0.02 EPS, Q2 2027 earnings at $0.07 EPS, Q3 2027 earnings at $0.04 EPS and Q4 2027 earnings at $0.09 EPS.

Other research analysts have also issued reports about the stock. Wall Street Zen raised shares of Reservoir Media from a "sell" rating to a "hold" rating in a research note on Monday, June 23rd. B. Riley reiterated a "buy" rating and set a $11.50 target price (down from $12.50) on shares of Reservoir Media in a research report on Friday, June 6th.

Reservoir Media Trading Up 2.9%

Shares of NASDAQ:RSVR traded up $0.22 during trading on Thursday, reaching $7.77. The stock had a trading volume of 34,214 shares, compared to its average volume of 57,016. The stock has a market cap of $509.39 million, a price-to-earnings ratio of 70.73, a P/E/G ratio of 6.57 and a beta of 0.89. Reservoir Media has a 52 week low of $6.56 and a 52 week high of $9.83. The firm's fifty day moving average is $7.64 and its 200 day moving average is $7.57. The company has a debt-to-equity ratio of 1.05, a quick ratio of 1.29 and a current ratio of 1.29.

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

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Police & Firemen s Retirement System of New Jersey purchased a new position in Reservoir Media during the 2nd quarter valued at $34,000. BNP Paribas Financial Markets bought a new position in Reservoir Media in the 4th quarter worth about $51,000. First Pacific Advisors LP bought a new position in Reservoir Media during the 1st quarter valued at about $50,000. Corton Capital Inc. bought a new position in Reservoir Media during the 1st quarter valued at about $105,000. Finally, Wells Fargo & Company MN lifted its stake in Reservoir Media by 22.4% during the 4th quarter. Wells Fargo & Company MN now owns 13,851 shares of the company's stock valued at $125,000 after acquiring an additional 2,531 shares during the period. 44.38% of the stock is 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.