RCI Hospitality (RICK) Stock Price, News & Analysis

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for RCI Hospitality in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" RICK shares.
View RICK analyst ratings or view top-rated stocks.

2 analysts have issued twelve-month price objectives for RCI Hospitality's shares. Their RICK share price targets range from $115.00 to $125.00. On average, they expect the company's stock price to reach $120.00 in the next twelve months. This suggests a possible upside of 139.9% 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 $66.26 at the beginning of the year. Since then, RICK shares have decreased by 24.5% and is now trading at $50.02.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our RICK earnings forecast.

RCI Hospitality Holdings Inc (NASDAQ:RICK) released its earnings results on Thursday, February, 8th. The restaurant operator reported $0.87 earnings per share for the quarter, missing the consensus estimate of $0.93 by $0.06. The restaurant operator had revenue of $73.90 million for the quarter, compared to analysts' expectations of $73.30 million. RCI Hospitality had a trailing twelve-month return on equity of 10.67% and a net margin of 8.81%. The firm's revenue was up 5.6% compared to the same quarter last year. During the same period last year, the company earned $1.11 earnings per share.

RCI Hospitality announced a quarterly dividend on Wednesday, February 28th. Shareholders of record on Friday, March 15th will be paid a dividend of $0.06 per share on Friday, March 29th. This represents a $0.24 dividend on an annualized basis and a yield of 0.48%. The ex-dividend date is Thursday, March 14th.
Read our dividend analysis for RICK.

RCI Hospitality (NASDAQ:RICK) pays an annual dividend of $0.24 per share and currently has a dividend yield of 0.47%. 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 8.60%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RICK will have a dividend payout ratio of 4.00% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for RICK.

ETFs with the largest weight of RCI Hospitality (NASDAQ:RICK) stock in their portfolio include Formidable ETF (FORH).First Trust Dow Jones Select Microcap Index Fund (FDM).

RCI Hospitality declared that its board has initiated a share buyback plan on Tuesday, May 24th 2022, which allows the company to buyback $25,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase up to 4.7% of its shares through open market purchases. Shares buyback plans are often a sign that the company's board of directors 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's stock is owned by many different institutional and retail investors. Top institutional investors include Annex Advisory Services LLC (0.07%). Insiders that own company stock include Adw Capital Management, Llc, Bradley Lim Chhay, Eric Scott Langan, Johnson Martin Elaine, Travis Reese, Yura V Barabash and Yura V Barabash.
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Shares of RICK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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