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NASDAQ:RSVR

Reservoir Media (RSVR) Stock Price, News & Analysis

$8.61
-0.02 (-0.23%)
(As of 07/26/2024 ET)
Today's Range
$8.44
$8.85
50-Day Range
$6.97
$8.63
52-Week Range
$5.19
$9.20
Volume
44,440 shs
Average Volume
68,179 shs
Market Capitalization
$559.96 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$12.25

Reservoir Media MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
42.3% Upside
$12.25 Price Target
Short Interest
Bearish
3.73% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.38mentions of Reservoir Media in the last 14 days
Based on 3 Articles This Week
Insider Trading
Acquiring Shares
$2.43 M Bought Last Quarter
Proj. Earnings Growth
50.00%
From $0.08 to $0.12 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.75 out of 5 stars

Consumer Discretionary Sector

102nd out of 279 stocks

Amusement & Recreation Services Industry

4th out of 14 stocks

RSVR stock logo

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

RSVR Stock News Headlines

Nvidia insiders dumping shares
All the signs show the AI market is about to reverse. And unless you know what’s really going on in this sector, you could be wiped out. Inside this new expose, you'll discover exactly how the AI crisis will unfold... how you can prepare for it before it's too late... and how you can potentially profit from it, too. Click here to read the new expose, The Big AI Die-Up while you still can.
Reservoir Media (NASDAQ:RSVR) Stock Price Up 3.7%
Nvidia insiders dumping shares
All the signs show the AI market is about to reverse. And unless you know what’s really going on in this sector, you could be wiped out. Inside this new expose, you'll discover exactly how the AI crisis will unfold... how you can prepare for it before it's too late... and how you can potentially profit from it, too. Click here to read the new expose, The Big AI Die-Up while you still can.
See More Headlines
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Company Calendar

Last Earnings
5/30/2024
Today
7/26/2024
Next Earnings (Confirmed)
7/31/2024
Fiscal Year End
3/31/2025

Industry, Sector and Symbol

Industry
Amusement & recreation services
Sub-Industry
Entertainment
Current Symbol
NASDAQ:RSVR
Fax
N/A
Employees
80
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$12.25
High Stock Price Target
$13.00
Low Stock Price Target
$11.50
Potential Upside/Downside
+43.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$640,000.00
Pretax Margin
0.81%

Debt

Sales & Book Value

Annual Sales
$144.86 million
Cash Flow
$0.41 per share
Book Value
$5.47 per share

Miscellaneous

Free Float
47,476,000
Market Cap
$554.14 million
Optionable
Optionable
Beta
0.90
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RSVR Stock Analysis - Frequently Asked Questions

How have RSVR shares performed this year?

Reservoir Media's stock was trading at $7.13 at the beginning of 2024. Since then, RSVR shares have increased by 20.8% and is now trading at $8.61.
View the best growth stocks for 2024 here
.

How were Reservoir Media's earnings last quarter?

Reservoir Media, Inc. (NASDAQ:RSVR) announced its earnings results on Thursday, May, 30th. The company reported $0.04 earnings per share for the quarter, beating analysts' consensus estimates of $0.01 by $0.03. The firm had revenue of $39.15 million for the quarter, compared to the consensus estimate of $35.36 million. Reservoir Media had a trailing twelve-month return on equity of 1.14% and a net margin of 0.44%.

Who are Reservoir Media's major shareholders?

Top institutional investors of Reservoir Media include Sanders Morris Harris LLC (1.18%) and Bank of New York Mellon Corp (0.09%). Insiders that own company stock include Hassan Khosrowshahi, Essex Equity Joint Investment, Stephen M Cook, Ezra S Field, James A Heindlmeyer, Richmond Hill Capital Partners, Golnar Khosrowshahi, Richmond Hill Investments, Llc and Ryan P Taylor.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:RSVR) was last updated on 7/26/2024 by MarketBeat.com Staff

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