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 Wall Street analysts have issued twelve-month target prices for RCI Hospitality's stock. Their RICK share price forecasts range from $100.00 to $120.00. On average, they expect the company's stock price to reach $110.00 in the next year. This suggests a possible upside of 66.4% 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 $77.88 at the start of the year. Since then, RICK stock has decreased by 15.1% and is now trading at $66.10.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, December 13th 2022.
View our RICK earnings forecast.

RCI Hospitality Holdings Inc (NASDAQ:RICK) announced its quarterly earnings results on Tuesday, August, 9th. The restaurant operator reported $1.60 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.33 by $0.27. The restaurant operator had revenue of $70.71 million for the quarter, compared to the consensus estimate of $71.23 million. RCI Hospitality had a net margin of 15.02% and a trailing twelve-month return on equity of 23.73%.

RCI Hospitality declared a quarterly dividend on Thursday, September 1st. Investors of record on Tuesday, September 13th will be paid a dividend of $0.05 per share on Tuesday, September 27th. This represents a $0.20 annualized dividend and a dividend yield of 0.30%. The ex-dividend date of this dividend is Monday, September 12th.
Read our dividend analysis for RICK.

RCI Hospitality (NASDAQ:RICK) pays an annual dividend of $0.20 per share and currently has a dividend yield of 0.31%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 4.99%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RICK will have a dividend payout ratio of 3.51% 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 of Directors has approved a share repurchase program on Tuesday, May 24th 2022, which permits the company to repurchase $25,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 4.7% of its shares through open market purchases. Shares repurchase programs are often a sign that the company's board believes its shares are 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."

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 $66.10.

RCI Hospitality (NASDAQ:RICK) has a market capitalization of $614.07 million and generates $195.26 million in revenue each year. The restaurant operator earns $30.34 million in net income (profit) each year or $4.01 on an earnings per share basis.

The company employs 2,529 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.