RCI Hospitality Stock Forecast, Price & News

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for RCI Hospitality in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" RCI Hospitality stock.
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1 equities research analysts have issued twelve-month target prices for RCI Hospitality's shares. Their RICK stock forecasts range from $100.00 to $120.00. On average, they anticipate RCI Hospitality's share price to reach $110.00 in the next twelve months. This suggests a possible upside of 121.4% from the stock's current price.
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RCI Hospitality's stock was trading at $77.88 on January 1st, 2022. Since then, RICK shares have decreased by 36.2% and is now trading at $49.68.
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RCI Hospitality saw a increase in short interest during the month of May. As of May 31st, there was short interest totaling 341,600 shares, an increase of 33.7% from the May 15th total of 255,500 shares. Based on an average daily volume of 94,200 shares, the days-to-cover ratio is presently 3.6 days. Currently, 4.3% of the company's stock are short sold.
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RCI Hospitality is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022.
View our earnings forecast for RCI Hospitality.

RCI Hospitality Holdings Inc (NASDAQ:RICK) issued its quarterly earnings data on Monday, May, 9th. The restaurant operator reported $1.19 EPS for the quarter, missing the consensus estimate of $1.22 by $0.03. The restaurant operator had revenue of $63.69 million for the quarter, compared to analysts' expectations of $64.33 million. RCI Hospitality had a trailing twelve-month return on equity of 23.93% and a net margin of 15.16%.
View RCI Hospitality's earnings history.

RCI Hospitality declared a quarterly dividend on Wednesday, May 25th. Shareholders of record on Wednesday, June 15th will be paid a dividend of $0.05 per share on Wednesday, June 29th. This represents a $0.20 annualized dividend and a yield of 0.40%. The ex-dividend date of this dividend is Tuesday, June 14th.
View RCI Hospitality's dividend history.

RCI Hospitality(NASDAQ:RICK) pays an annual dividend of $0.20 per share and currently has a dividend yield of 0.41%. RCI Hospitality does not yet have a strong track record of dividend growth. The dividend payout ratio of RCI Hospitality is 5.13%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RCI Hospitality will have a dividend payout ratio of 3.55% next year. This indicates that RCI Hospitality will be able to sustain or increase its dividend.
View RCI Hospitality's dividend history.

RCI Hospitality declared that its Board of Directors has approved a stock 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 reacquire up to 4.7% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company's management believes its stock is undervalued.

11 employees have rated RCI Hospitality CEO Eric S. Langan on Glassdoor.com. Eric S. Langan has an approval rating of 64% among RCI Hospitality's employees.

Some companies that are related to RCI Hospitality include McDonald's (MCD), Starbucks (SBUX), Chipotle Mexican Grill (CMG), Yum! Brands (YUM), Darden Restaurants (DRI), Domino's Pizza (DPZ), Texas Roadhouse (TXRH), Wendy's (WEN), Papa John's International (PZZA), Cracker Barrel Old Country Store (CBRL), Bloomin' Brands (BLMN), Cheesecake Factory (CAKE), Jack in the Box (JACK), Dine Brands Global (DIN) and Brinker International (EAT).
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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 a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (5.77%), Vanguard Group Inc. (4.32%), Dimensional Fund Advisors LP (4.22%), State Street Corp (1.74%), Scholtz & Company LLC (1.27%) and Prudential Financial Inc. (1.23%). Company insiders that own RCI Hospitality stock include Bradley Lim Chhay, Johnson Martin Elaine, Yura V Barabash and Yura V Barabash.
View institutional ownership trends for RCI Hospitality.

RICK stock was sold by a variety of institutional investors in the last quarter, including Greenhaven Road Investment Management L.P., Arrowstreet Capital Limited Partnership, Invesco Ltd., Renaissance Technologies LLC, Dimensional Fund Advisors LP, JPMorgan Chase & Co., Bank of America Corp DE, and Formidable Asset Management LLC.
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RICK stock was bought by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Prudential Financial Inc., J. Goldman & Co LP, Divisadero Street Capital Management LP, Assenagon Asset Management S.A., Panagora Asset Management Inc., BlackRock Inc., and Eidelman Virant Capital. Company insiders that have bought RCI Hospitality stock in the last two years include Bradley Lim Chhay, Johnson Martin Elaine, and Yura V Barabash.
View insider buying and selling activity for RCI Hospitality or or view top insider-buying stocks.

Shares of RICK 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 $49.68.

RCI Hospitality (NASDAQ:RICK) has a market capitalization of $467.99 million and generates $195.26 million in revenue each year. The restaurant operator earns $30.34 million in net income (profit) each year or $3.90 on an earnings per share basis.

RCI Hospitality employs 2,529 workers across the globe.

RCI Hospitality was founded in 1983.

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