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 equities research analysts have issued 12 month 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 stock price to reach $140.00 in the next year. This suggests a possible upside of 50.8% 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 on January 1st, 2023. Since then, RICK stock has decreased by 0.4% and is now trading at $92.86.
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RCI Hospitality saw a increase in short interest in the month of January. As of January 15th, there was short interest totaling 342,800 shares, an increase of 27.2% from the December 31st total of 269,500 shares. Based on an average daily volume of 72,400 shares, the days-to-cover ratio is currently 4.7 days. Currently, 4.2% of the company's shares are sold short.
View RCI Hospitality's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 8th 2023.
View our RICK earnings forecast.

RCI Hospitality Holdings Inc (NASDAQ:RICK) posted its earnings results on Wednesday, December, 14th. The restaurant operator reported $1.45 earnings per share for the quarter, beating the consensus estimate of $1.41 by $0.04. The restaurant operator earned $71.38 million during the quarter, compared to the consensus estimate of $69.77 million. RCI Hospitality had a trailing twelve-month return on equity of 21.77% and a net margin of 17.20%.

RCI Hospitality announced a quarterly dividend on Thursday, December 1st. Stockholders of record on Thursday, December 15th will be given a dividend of $0.05 per share on Thursday, December 29th. This represents a $0.20 dividend on an annualized basis and a yield of 0.22%. The ex-dividend date is Wednesday, December 14th.
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 0.22%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 4.08%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RICK will have a dividend payout ratio of 2.88% 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 initiated a stock buyback program on Tuesday, May 24th 2022, which authorizes the company to repurchase $25,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 4.7% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company's leadership 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."

RCI Hospitality's stock is owned by a number of retail and institutional investors. Top institutional investors include Simplex Trading LLC (0.00%), Ellsworth Advisors LLC (0.05%), Annex Advisory Services LLC (0.05%), SG Americas Securities LLC (0.04%), Janney Montgomery Scott LLC (0.03%) and Concourse Financial Group Securities Inc. (0.00%). 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 $92.86.

RCI Hospitality (NASDAQ:RICK) has a market capitalization of $857.10 million and generates $267.62 million in revenue each year. The restaurant operator earns $46.04 million in net income (profit) each year or $4.90 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.