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DOW   36,247.87
QQQ   392.17
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At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
Biden goes into 2024 with the economy getting stronger, but voters feel horrible about it
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
New CBOE “special perk” helps traders target income every weekend (Ad)
Freshworks gets juiced on its AI customer engagement platform
3 tech outperformers adored by analysts
New CBOE “special perk” helps traders target income every weekend (Ad)
High short interest stocks: this popular trend is re-emerging
Boeing glides past series of setbacks on new flight path
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
Biden goes into 2024 with the economy getting stronger, but voters feel horrible about it
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
New CBOE “special perk” helps traders target income every weekend (Ad)
Freshworks gets juiced on its AI customer engagement platform
3 tech outperformers adored by analysts
New CBOE “special perk” helps traders target income every weekend (Ad)
High short interest stocks: this popular trend is re-emerging
Boeing glides past series of setbacks on new flight path
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
Biden goes into 2024 with the economy getting stronger, but voters feel horrible about it
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
New CBOE “special perk” helps traders target income every weekend (Ad)
Freshworks gets juiced on its AI customer engagement platform
3 tech outperformers adored by analysts
New CBOE “special perk” helps traders target income every weekend (Ad)
High short interest stocks: this popular trend is re-emerging
Boeing glides past series of setbacks on new flight path
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
Biden goes into 2024 with the economy getting stronger, but voters feel horrible about it

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
-0.62mentions of Reservoir Media in the last 14 days
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


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

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!
Reservoir Media Inc RSVR
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!
Reservoir Media Releases Its Fiscal 2023 ESG Report
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

Industry, Sector and Symbol

Industry
Amusement & recreation services
Sub-Industry
N/A
Current Symbol
NASDAQ:RSVR
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

Net Income
$2.54 million
Pretax Margin
2.53%

Debt

Sales & Book Value

Annual Sales
$134.98 million
Cash Flow
$0.47 per share
Book Value
$5.43 per share

Miscellaneous

Free Float
47,785,000
Market Cap
$384.33 million
Optionable
Not Optionable
Beta
1.00
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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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