Roth Capital Reduces Earnings Estimates for Reservoir Media

Reservoir Media, Inc. (NASDAQ:RSVR - Free Report) - Equities research analysts at Roth Capital cut their Q1 2026 earnings per share (EPS) estimates for Reservoir Media in a research note issued on Thursday, May 29th. Roth Capital analyst R. Baldry now expects that the company will earn $0.00 per share for the quarter, down from their previous estimate of $0.01. 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 FY2026 earnings at $0.16 EPS.

Reservoir Media (NASDAQ:RSVR - Get Free Report) last posted its earnings results on Wednesday, May 28th. The company reported $0.04 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.04. The firm had revenue of $41.42 million for the quarter, compared to the consensus estimate of $40.31 million. Reservoir Media had a return on equity of 2.20% and a net margin of 5.04%.

Separately, Wall Street Zen downgraded Reservoir Media from a "hold" rating to a "sell" rating in a research report on Friday.

Reservoir Media Stock Performance

Shares of NASDAQ:RSVR traded up $0.17 during trading on Friday, hitting $7.80. 17,104 shares of the company were exchanged, compared to its average volume of 48,397. The company has a market cap of $508.82 million, a PE ratio of 70.92, a P/E/G ratio of 7.16 and a beta of 0.90. The stock has a 50 day moving average of $7.31 and a 200 day moving average of $7.97. Reservoir Media has a 52-week low of $6.56 and a 52-week high of $9.83. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.20 and a quick ratio of 1.20.

Institutional Investors Weigh In On Reservoir Media

Large investors have recently added to or reduced their stakes in the company. Jane Street Group LLC lifted its holdings in Reservoir Media by 56.7% in the first quarter. Jane Street Group LLC now owns 49,649 shares of the company's stock worth $379,000 after buying an additional 17,963 shares during the period. Goldman Sachs Group Inc. raised its holdings in Reservoir Media by 3.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 90,003 shares of the company's stock worth $687,000 after acquiring an additional 3,110 shares during the last quarter. Repertoire Partners LP purchased a new position in Reservoir Media in the 1st quarter worth approximately $385,000. Irenic Capital Management LP raised its holdings in Reservoir Media by 1.2% in the 1st quarter. Irenic Capital Management LP now owns 5,388,003 shares of the company's stock worth $41,110,000 after acquiring an additional 65,421 shares during the last quarter. Finally, Hsbc Holdings PLC raised its holdings in Reservoir Media by 42.0% in the 1st quarter. Hsbc Holdings PLC now owns 34,089 shares of the company's stock worth $248,000 after acquiring an additional 10,076 shares during the last quarter. Hedge funds and other 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.