RCI Hospitality Holdings Company Profile (NASDAQ:RICK)

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

RCI Hospitality Holdings declared a quarterly dividend on Wednesday, August 16th. Shareholders of record on Monday, September 11th will be given a dividend of $0.03 per share on Monday, September 25th. This represents a $0.12 annualized dividend and a yield of 0.49%. The ex-dividend date of this dividend is Friday, September 8th. View RCI Hospitality Holdings' Dividend History.

RCI Hospitality Holdings, Inc. (NASDAQ:RICK) announced its earnings results on Wednesday, August, 9th. The company reported $0.47 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.43 by $0.04. The company had revenue of $37.43 million for the quarter, compared to the consensus estimate of $37.64 million. RCI Hospitality Holdings had a net margin of 7.84% and a return on equity of 10.75%. During the same quarter in the prior year, the business posted $0.34 earnings per share. View RCI Hospitality Holdings' Earnings History.

2 analysts have issued 12-month target prices for RCI Hospitality Holdings' shares. Their forecasts range from $27.00 to $30.00. On average, they expect RCI Hospitality Holdings' stock price to reach $28.50 in the next twelve months. View Analyst Ratings for RCI Hospitality Holdings.

Here are some recent quotes from research analysts about RCI Hospitality Holdings stock:

• 1. According to Zacks Investment Research, "RCI Hospitality Holdings, Inc. owns and/or operates adult nightclubs that offer live adult entertainment, restaurant, and bar services. It operates adult nightclubs under the name Rick's Cabaret, Club Onyx, XTC Cabaret, Tootsie's Cabaret, Cabaret North, Jaguars and Cabaret East. The Company also owns and operates adult Internet Websites. RCI Hospitality Holdings, Inc., formerly known as Rick's Cabaret International, Inc., is based in Houston, Texas. " (8/15/2017)
• 2. Westpark Capital analysts commented, "We saw press reports highlighting New York State’s win on a legal fight that places restrictions on the parameters of adult entertainment establishments. This development will negatively impact smaller players in the space that have been operating under a loophole. We believe RICK and some other established players will benefit from this regulatory development, as they have special licenses. New York State is the company’s 3 rd biggest market and will position RICK to grow in the region. Our estimates remain unchanged, but we are already expecting the company’s earnings to grow 40% in F’18. In our view, this de-risks the investment profile of RICK. Thus, we raise our PT to $30 from $29.  New Restrictions in New York market. We have been seeing reports in the media that New York State prevailed on a legal fight that places restrictions on adult entertainment establishments from operating within 500 feet from a church, school, park in most commercial and residential neighborhoods. This ban will affect smaller adult entertainment establishments that have been operating under a loophole called the “60/40” rule, which allowed adult stores to keep operating so long as less than 40% of their floor space was dedicated to adult material. However, several bigger adult entertainment establishments including RICK, will remain unaffected by the court ruling because they possess special adult entertainment licenses." (6/8/2017)

Some companies that are related to RCI Hospitality Holdings include Phoenix New Media Limited (FENG), Essendant (ESND), Entercom Communications Corporation (ETM), 500.com Limited (WBAI), Care.com (CRCM), Bassett Furniture Industries, Incorporated (BSET), Culp (CULP), Reading International (RDI), FTD Companies (FTD), MCBC Holdings (MCFT), Perry Ellis International (PERY), Civeo Corporation (CVEO), West Marine (WMAR), American Public Education (APEI), Iconix Brand Group (ICON), Weyco Group (WEYS), Barnes & Noble Education (BNED) and China Online Education Group (COE).

RCI Hospitality Holdings' stock is owned by a number of of institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (8.75%), Renaissance Technologies LLC (6.35%), Vanguard Group Inc. (4.84%), LSV Asset Management (3.49%), Acadian Asset Management LLC (2.95%) and Northern Trust Corp (1.29%). Company insiders that own RCI Hospitality Holdings stock include Eric Scott Langan, Luke Charles Lirot, Phillip Kent Marshall and Travis Reese. View Institutional Ownership Trends for RCI Hospitality Holdings.

RCI Hospitality Holdings' stock was sold by a variety of institutional investors in the last quarter, including Mork Capital Management LLC, Foundry Partners LLC, EAM Investors LLC, Spark Investment Management LLC, JPMorgan Chase & Co., Arrowstreet Capital Limited Partnership, Petrus Trust Company LTA and GSA Capital Partners LLP. View Insider Buying and Selling for RCI Hospitality Holdings.

RCI Hospitality Holdings' stock was acquired by a variety of institutional investors in the last quarter, including AJO LP, State Street Corp, Northern Trust Corp, Numeric Investors LLC, Acadian Asset Management LLC, Vanguard Group Inc., Renaissance Technologies LLC and TIAA CREF Investment Management LLC. Company insiders that have bought RCI Hospitality Holdings stock in the last two years include Eric Scott Langan, Luke Charles Lirot, Phillip Kent Marshall and Travis Reese. View Insider Buying and Selling for RCI Hospitality Holdings.

Shares of RCI Hospitality Holdings can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of RCI Hospitality Holdings stock can currently be purchased for approximately $24.66.