Should I buy or sell Reservoir Media stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Reservoir Media in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" RSVR shares. View RSVR analyst ratings or view top-rated stocks .

What is Reservoir Media's stock price target for 2024?

2 brokers have issued 1-year price objectives for Reservoir Media's shares. Their RSVR share price targets range from $11.00 to $13.00. On average, they expect the company's share price to reach $12.00 in the next twelve months. This suggests a possible upside of 102.4% from the stock's current price. View analysts price targets for RSVR or view top-rated stocks among Wall Street analysts .

How have RSVR shares performed in 2023?

Reservoir Media's stock was trading at $5.97 at the beginning of the year. Since then, RSVR shares have decreased by 0.7% and is now trading at $5.93. View the best growth stocks for 2023 here .

When is Reservoir Media's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 14th 2024. View our RSVR earnings forecast .

How were Reservoir Media's earnings last quarter?

Reservoir Media, Inc. (NASDAQ:RSVR) issued its earnings results on Tuesday, November, 7th. The company reported $0.01 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.03 by $0.02. The business had revenue of $38.40 million for the quarter, compared to analysts' expectations of $34.10 million. Reservoir Media had a positive trailing twelve-month return on equity of 1.33% and a negative net margin of 0.93%.

What ETF holds Reservoir Media's stock ?

MUSQ Global Music Industry ETF holds 20,053 shares of RSVR stock, representing 1.72% of its portfolio.

Who are Reservoir Media's major shareholders?

Reservoir Media's stock is owned by many different retail and institutional investors. Top institutional investors include Richmond Hill Investments LLC (21.94%), Sanders Morris Harris LLC (1.82%), Sanders Morris Harris LLC (1.82%), AWM Investment Company Inc. (1.08%), Northern Trust Corp (0.29%) and M&T Bank Corp (0.13%). Insiders that own company stock include Adam Rothstein, Essex Equity Joint Investment, Ezra S Field, Golnar Khosrowshahi, James A Heindlmeyer , Richmond Hill Capital Partners, Richmond Hill Investments, Llc, Ryan P Taylor and Stephen M Cook. View institutional ownership trends .

How do I buy shares of Reservoir Media?

Shares of RSVR 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. Compare Top Brokerages Here .

Reservoir Media (RSVR) Stock Price, News & Analysis

$5.93

+0.03 (+0.51%)

(As of 12/8/2023 08:57 PM ET)

Compare

Today's Range: $5.84
▼
$5.97
50-Day Range: $5.31
▼
$6.24
52-Week Range: $5.19
▼
$7.77

Volume: 39,300 shs
Average Volume: 95,742 shs
Market Capitalization: $384.33 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $12.00

Reservoir Media MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 102.4% Upside
$12.00 Price Target
Short Interest: Bearish
3.86% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: -0.62
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 150.00%
From $0.04 to $0.10 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.17 out of 5 stars

Consumer Discretionary Sector

128th out of 244 stocks

Amusement & Recreation Services Industry

5th out of 12 stocks

3.5

Analyst's Opinion

Consensus Rating
Reservoir Media has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $12.00, Reservoir Media has a forecasted upside of 102.4% from its current price of $5.93.
Amount of Analyst Coverage
Reservoir Media has only been the subject of 1 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
3.86% of the float of Reservoir Media has been sold short.
Short Interest Ratio / Days to Cover
Reservoir Media has a short interest ratio ("days to cover") of 21.9, which indicates bearish sentiment.
Change versus previous month
Short interest in Reservoir Media has recently decreased by 0.75%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
Reservoir Media does not currently pay a dividend.
Dividend Growth
Reservoir Media does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for RSVR.

0.8

News and Social Media Coverage

News Sentiment
Reservoir Media has a news sentiment score of -0.62. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.57 average news sentiment score of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Reservoir Media this week, compared to 1 article on an average week.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Reservoir Media insiders have not sold or bought any company stock.
Percentage Held by Insiders
26.27% of the stock of Reservoir Media is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
42.98% of the stock of Reservoir Media is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Reservoir Media are expected to grow by 150.00% in the coming year, from $0.04 to $0.10 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Reservoir Media is -296.35, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Reservoir Media is -296.35, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Growth Ratio
Reservoir Media has a PEG Ratio of 14.75. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Reservoir Media has a P/B Ratio of 1.09. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Reservoir Media Stock (NASDAQ:RSVR)

Reservoir Media, Inc. operates as a music publishing company. It operates through two segments, Music Publishing and Recorded Music. The Music Publishing segment acquires interests in music catalogs, as well as signs songwriters. The Recorded Music segment engages in the acquisition of sound recording catalogs; discovery and development of recording artists; and marketing, distribution, sale, and licensing of the music catalogs. The company was founded in 2007 and is headquartered in New York, New York.

RSVR Stock Price History

30 days | 90 days | 365 days | Advanced Chart

RSVR Stock News Headlines

December 9, 2023 | bbc.com

Ladybower Reservoir's low water levels reveal abandoned village

December 9, 2023 | bbc.com

Why does Ladybower Reservoir in Derbyshire have plug holes?

December 11, 2023 | Financial Alphas (Ad)

Lithium Discovery So BIG You Can't Miss it, Even From Space

With the green energy transition well underway, lithium demand is rapidly outpacing projected supply. While companies frantically search for new sources of this critical metal, one small company is sitting on a massive claim in North America - So big in fact that it can clearly be seen from space!

November 16, 2023 | msn.com

Beaver Run Reservoir reaching dangerously low levels; residents asked to conserve water

November 12, 2023 | finance.yahoo.com

Reservoir Media, Inc. (NASDAQ:RSVR) Q2 2024 Earnings Call Transcript

November 9, 2023 | morningstar.com

Reservoir Media Inc RSVR

November 8, 2023 | markets.businessinsider.com

Analysts Offer Insights on NA Companies: Reservoir Media (RSVR) and RingCentral (RNG)

November 7, 2023 | msn.com

Reservoir Media GAAP EPS of $0.01, revenue of $38.4M

December 11, 2023 | Financial Alphas (Ad)

Lithium Discovery So BIG You Can't Miss it, Even From Space

November 7, 2023 | finance.yahoo.com

Reservoir Media Announces Second Quarter Fiscal 2024 Results

November 7, 2023 | finance.yahoo.com

Reservoir Media Inc (RSVR) Reports 15% Revenue Growth in Q2 Fiscal 2024

October 24, 2023 | finance.yahoo.com

Reservoir Media to Release Second Quarter Fiscal Year 2024 Results on November 7, 2023

October 19, 2023 | finance.yahoo.com

Estimating The Fair Value Of Reservoir Media, Inc. (NASDAQ:RSVR)

October 4, 2023 | news.yahoo.com

Work gearing up for dam and reservoir renovations in Mercer County

September 29, 2023 | msn.com

Reservoir Media: Streaming And Digital Platforms May Accelerate Sales Growth

September 29, 2023 | finance.yahoo.com

At US$6.00, Is Reservoir Media, Inc. (NASDAQ:RSVR) Worth Looking At Closely?

September 12, 2023 | finance.yahoo.com

Implied Volatility Surging for Reservoir Media (RSVR) Stock Options

September 5, 2023 | yahoo.com

Clear Fork Reservoir Dam undergoing $1.4M in modifications

August 18, 2023 | finance.yahoo.com

Independent Chairman of the Board of Reservoir Media Picks Up 37% More Stock

August 2, 2023 | finance.yahoo.com

Reservoir Media, Inc. (RSVR) Reports Break-Even Earnings for Q1

August 2, 2023 | finance.yahoo.com

Reservoir Media Announces First Quarter Fiscal 2024 Results

July 26, 2023 | finance.yahoo.com

Reservoir Media Releases Its Fiscal 2023 ESG Report

July 24, 2023 | finance.yahoo.com

Should Weakness in Reservoir Media, Inc.'s (NASDAQ:RSVR) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?

July 19, 2023 | finance.yahoo.com

Reservoir Media to Release First Quarter Fiscal Year 2024 Results on August 2, 2023

July 17, 2023 | finance.yahoo.com

Zacks Industry Outlook Highlights Pearson, Sphere Entertainment and Reservoir Media

June 28, 2023 | finance.yahoo.com

Down -9.12% in 4 Weeks, Here's Why You Should You Buy the Dip in Reservoir Media, Inc. (RSVR)

June 12, 2023 | msn.com

Reservoir Media: No Buying Opportunity

See More Headlines

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Company Calendar

Last Earnings: 11/07/2023
Today: 12/11/2023
Next Earnings (Estimated): 2/14/2024
Fiscal Year End: 3/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Amusement & recreation services
Sub-Industry: N/A
Sector: Consumer Discretionary
Current Symbol: NASDAQ:RSVR
CUSIP: N/A
CIK: 1824403
Web: www.reservoir-media.com
Phone: 212-675-0541
Fax: N/A
Employees: 92
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $12.00
High Stock Price Target: $13.00
Low Stock Price Target: $11.00
Potential Upside/Downside: +102.4%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.02)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 148.25
P/E Growth: 14.75
Net Income: $2.54 million
Net Margins: -0.93%
Pretax Margin: 2.53%
Return on Equity: 1.33%
Return on Assets: 0.61%

Debt

Debt-to-Equity Ratio: 0.95
Current Ratio: 1.14
Quick Ratio: 1.03

Sales & Book Value

Annual Sales: $134.98 million
Price / Sales: 2.85
Cash Flow: $0.47 per share
Price / Cash Flow: 12.49
Book Value: $5.43 per share
Price / Book: 1.09

Miscellaneous

Outstanding Shares: 64,811,000
Free Float: 47,785,000
Market Cap: $384.33 million
Optionable: Not Optionable
Beta: 1.00

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Key Executives

Ms. Golnar Khosrowshahi (Age 52)
Founder, CEO & Director
Comp: $626.07k
Mr. Rell Lafargue (Age 50)
President, COO & Director
Comp: $928.24k
Mr. Jim Heindlmeyer (Age 50)
Chief Financial Officer
Comp: $535.75k
Suzy Arrabito
Vice President of Marketing & Communications

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

RSVR Stock Analysis - Frequently Asked Questions

Should I buy or sell Reservoir Media stock right now?: 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Reservoir Media in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" RSVR shares.
View RSVR analyst ratings or view top-rated stocks.
What is Reservoir Media's stock price target for 2024?: 2 brokers have issued 1-year price objectives for Reservoir Media's shares. Their RSVR share price targets range from $11.00 to $13.00. On average, they expect the company's share price to reach $12.00 in the next twelve months. This suggests a possible upside of 102.4% from the stock's current price.
View analysts price targets for RSVR or view top-rated stocks among Wall Street analysts.
How have RSVR shares performed in 2023?: Reservoir Media's stock was trading at $5.97 at the beginning of the year. Since then, RSVR shares have decreased by 0.7% and is now trading at $5.93.
View the best growth stocks for 2023 here.
When is Reservoir Media's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 14th 2024.
View our RSVR earnings forecast.

How were Reservoir Media's earnings last quarter?: Reservoir Media, Inc. (NASDAQ:RSVR) issued its earnings results on Tuesday, November, 7th. The company reported $0.01 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.03 by $0.02. The business had revenue of $38.40 million for the quarter, compared to analysts' expectations of $34.10 million. Reservoir Media had a positive trailing twelve-month return on equity of 1.33% and a negative net margin of 0.93%.
What ETF holds Reservoir Media's stock ?: MUSQ Global Music Industry ETF holds 20,053 shares of RSVR stock, representing 1.72% of its portfolio.
Who are Reservoir Media's major shareholders?: Reservoir Media's stock is owned by many different retail and institutional investors. Top institutional investors include Richmond Hill Investments LLC (21.94%), Sanders Morris Harris LLC (1.82%), Sanders Morris Harris LLC (1.82%), AWM Investment Company Inc. (1.08%), Northern Trust Corp (0.29%) and M&T Bank Corp (0.13%). Insiders that own company stock include Adam Rothstein, Essex Equity Joint Investment, Ezra S Field, Golnar Khosrowshahi, James A Heindlmeyer, Richmond Hill Capital Partners, Richmond Hill Investments, Llc, Ryan P Taylor and Stephen M Cook.
View institutional ownership trends.
How do I buy shares of Reservoir Media?: Shares of RSVR 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.
Compare Top Brokerages Here.

This page (NASDAQ:RSVR) was last updated on 12/11/2023 by MarketBeat.com Staff

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