RCI Hospitality - RICK Stock Forecast, Price & News

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for RCI Hospitality in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" RICK shares.
View RICK analyst ratings or view top-rated stocks.

1 brokers have issued 1 year price objectives for RCI Hospitality's shares. Their RICK share price forecasts range from $140.00 to $140.00. On average, they predict the company's share price to reach $140.00 in the next twelve months. This suggests a possible upside of 79.8% from the stock's current price.
View analysts price targets for RICK or view top-rated stocks among Wall Street analysts.

RCI Hospitality's stock was trading at $93.19 at the beginning of 2023. Since then, RICK shares have decreased by 16.5% and is now trading at $77.86.
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The company is scheduled to release its next quarterly earnings announcement on Monday, May 8th 2023.
View our RICK earnings forecast.

RCI Hospitality Holdings Inc (NASDAQ:RICK) posted its earnings results on Tuesday, December, 14th. The restaurant operator reported $1.58 EPS for the quarter, topping the consensus estimate of $0.67 by $0.91. The restaurant operator had revenue of $54.94 million for the quarter, compared to the consensus estimate of $55.43 million. RCI Hospitality had a trailing twelve-month return on equity of 21.01% and a net margin of 16.57%. During the same quarter last year, the business earned $0.15 EPS.

RCI Hospitality announced a quarterly dividend on Tuesday, February 28th. Shareholders of record on Wednesday, March 15th will be given a dividend of $0.06 per share on Wednesday, March 29th. This represents a $0.24 annualized dividend and a dividend yield of 0.31%. The ex-dividend date of this dividend is Tuesday, March 14th. This is an increase from the stock's previous quarterly dividend of $0.05.
Read our dividend analysis for RICK.

ETFs with the largest weight of RCI Hospitality (NASDAQ:RICK) stock in their portfolio include AdvisorShares Vice ETF (VICE), AdvisorShares Restaurant ETF (EATZ), Opus Small Cap Value Plus ETF (OSCV), Formidable ETF (FORH), First Trust Dow Jones Select Microcap Index Fund (FDM), Invesco DWA SmallCap Momentum ETF (DWAS), Barrons 400 ETF (BFOR).iShares Micro-Cap ETF (IWC).

RCI Hospitality (NASDAQ:RICK) pays an annual dividend of $0.24 per share and currently has a dividend yield of 0.30%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 4.91%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RICK will have a dividend payout ratio of 3.31% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for RICK.

RCI Hospitality declared that its board has authorized a share buyback program on Tuesday, May 24th 2022, which authorizes the company to repurchase $25,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to purchase up to 4.7% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company's board believes its stock is undervalued.

11 employees have rated RCI Hospitality Chief Executive Officer Eric S. Langan on Glassdoor.com. Eric S. Langan has an approval rating of 64% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other RCI Hospitality investors own include NVIDIA (NVDA), Salesforce (CRM), Gilead Sciences (GILD), AT&T (T), Tesla (TSLA), Visa (V), Alibaba Group (BABA), Walt Disney (DIS), Southwest Airlines (LUV) and Mastercard (MA).

RCI Hospitality trades on the NASDAQ under the ticker symbol "RICK."

RCI Hospitality's stock is owned by many different institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (4.23%), Geode Capital Management LLC (1.71%), Arrowstreet Capital Limited Partnership (1.04%), Jane Street Group LLC (0.60%), Panagora Asset Management Inc. (0.47%) and American Century Companies Inc. (0.46%). Insiders that own company stock include Bradley Lim Chhay, Johnson Martin Elaine, Yura V Barabash and Yura V Barabash.
View institutional ownership trends.

Shares of RICK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of RICK stock can currently be purchased for approximately $77.86.

RCI Hospitality (NASDAQ:RICK) has a market capitalization of $718.65 million and generates $267.62 million in revenue each year. The restaurant operator earns $46.04 million in net income (profit) each year or $4.89 on an earnings per share basis.

The company employs 3,219 workers across the globe.

RCI Hospitality's mailing address is 10737 CUTTEN ROAD, HOUSTON TX, 77066. The official website for the company is www.rcihospitality.com. The restaurant operator can be reached via phone at 281-397-6730, via email at gary.fishman@anreder.com, or via fax at 281-820-1445.