Roth Capital Estimates Reservoir Media FY2027 Earnings

Key Points

• Roth Capital predicts that Reservoir Media will achieve earnings per share of $0.22 in FY2027, significantly higher than the current consensus estimate of $0.11.
• Reservoir Media's stock has a market capitalization of approximately $496.63 million and is currently trading around $7.61, with a 52-week range of $6.56 to $9.83.
• Several institutional investors recently increased their stakes in Reservoir Media, with noteworthy growth such as First Pacific Advisors LP growing its position by over 4,900% in the second quarter.

Reservoir Media, Inc. (NASDAQ:RSVR - Free Report) - Investment analysts at Roth Capital issued their FY2027 earnings per share (EPS) estimates for shares of Reservoir Media in a research report issued to clients and investors on Tuesday, August 5th. Roth Capital analyst R. Baldry expects that the company will post earnings per share of $0.22 for the year. The consensus estimate for Reservoir Media's current full-year earnings is $0.11 per share.

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

RSVR has been the subject of several other research reports. 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 reaffirmed a "buy" rating and set a $11.50 price target (down previously from $12.50) on shares of Reservoir Media in a research note on Friday, June 6th.

Reservoir Media Price Performance

NASDAQ:RSVR traded down $0.05 on Friday, hitting $7.55. The company had a trading volume of 146,256 shares, compared to its average volume of 101,604. The stock has a market capitalization of $494.98 million, a price-to-earnings ratio of 68.64, a PEG ratio of 6.57 and a beta of 0.89. The company has a current ratio of 1.29, a quick ratio of 1.20 and a debt-to-equity ratio of 1.05. The firm has a 50 day moving average of $7.64 and a two-hundred day moving average of $7.58. Reservoir Media has a 52 week low of $6.56 and a 52 week high of $9.83.

Institutional Investors Weigh In On Reservoir Media

Large investors have recently modified their holdings of the company. Police & Firemen s Retirement System of New Jersey acquired a new position in shares of Reservoir Media during the second quarter valued at about $34,000. First Pacific Advisors LP acquired a new position in shares of Reservoir Media during the first quarter valued at about $50,000. BNP Paribas Financial Markets acquired a new position in shares of Reservoir Media during the fourth quarter valued at about $51,000. Corton Capital Inc. acquired a new position in shares of Reservoir Media during the first quarter valued at about $105,000. Finally, Wells Fargo & Company MN lifted its position in shares of Reservoir Media by 22.4% during 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 in the last quarter. 44.38% of the stock is currently owned by institutional investors and hedge funds.

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.