Reservoir Media (RSVR) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $8.83 to $9.02
• 50-Day Range: $7.33 to $9.00
• 52-Week Range: $5.51 to $9.20
• Volume: 28,581 shs
• Average Volume: 39,946 shs
• Market Capitalization: $586.98 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $12.50
• Consensus Rating: Buy

Reservoir Media Stock Analysis - MarketRank™

Reservoir Media scored higher than 72% of companies evaluated by MarketBeat, and ranked 120th out of 292 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Reservoir Media has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Reservoir Media has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 157.14%

Earnings Growth

Earnings for Reservoir Media are expected to grow by 157.14% in the coming year, from $0.07 to $0.18 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Reservoir Media is -449.78, 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 -449.78, 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 12.86. 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 1.63. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

3.62% 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 34.2, which indicates bearish sentiment.

Change versus previous month

Short interest in Reservoir Media has recently decreased by 0.81%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Reservoir Media does not currently pay a dividend.

Dividend Growth

Reservoir Media does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

3.62% 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 34.2, which indicates bearish sentiment.

Change versus previous month

Short interest in Reservoir Media has recently decreased by 0.81%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: 0.79

News Sentiment

Reservoir Media has a news sentiment score of 0.79. 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 higher news sentiment than the 0.45 average news sentiment score of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 7 news articles for Reservoir Media this week, compared to 2 articles on an average week.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: N/A

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

27.00% 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

44.38% of the stock of Reservoir Media is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

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 stock has increased by 26.2% and is now trading at $9.00.
View the best growth stocks for 2024 here.

How were Reservoir Media's earnings last quarter?

Reservoir Media, Inc. (NASDAQ:RSVR) released its quarterly earnings results on Wednesday, July, 31st. The company reported ($0.01) EPS for the quarter. The company had revenue of $34.32 million for the quarter, compared to the consensus estimate of $34.42 million. Reservoir Media had a negative net margin of 0.22% and a positive trailing twelve-month return on equity of 0.85%.

Who are Reservoir Media's major shareholders?

Top institutional investors of Reservoir Media include Sanders Morris Harris LLC (1.13%), Exchange Traded Concepts LLC (0.10%), GSA Capital Partners LLP (0.08%) and Inspire Investing LLC (0.08%). 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.

What other stocks do shareholders of Reservoir Media own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Reservoir Media investors own include Tesla (TSLA), JPMorgan Chase & Co. (JPM), Meta Platforms (META), NVIDIA (NVDA), Advanced Micro Devices (AMD), Visa (V) and Home Depot (HD).

Company Calendar

• Last Earnings: 7/31/2024
• Today: 11/10/2024
• Next Earnings (Estimated): 2/05/2025
• Fiscal Year End: 3/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Consumer Discretionary
• Industry: Amusement & recreation services
• Sub-Industry: Entertainment
• Current Symbol: NASDAQ:RSVR
• CUSIP: N/A
• CIK: 1824403
• Web: www.reservoir-media.com
• Phone: 212-675-0541
• Fax: N/A
• Employees: 80
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $12.50
• High Stock Price Target: $12.50
• Low Stock Price Target: $12.50
• Potential Upside/Downside: +38.9%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.02)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 128.57
• P/E Growth: 12.83
• Net Income: $640,000.00
• Net Margins: -0.22%
• Pretax Margin: -0.52%
• Return on Equity: 0.85%
• Return on Assets: 0.39%

Debt

• Debt-to-Equity Ratio: 0.90
• Current Ratio: 1.37
• Quick Ratio: 1.25

Sales & Book Value

• Annual Sales: $144.86 million
• Price / Sales: 4.05
• Cash Flow: $0.40 per share
• Price / Cash Flow: 22.71
• Book Value: $5.51 per share
• Price / Book: 1.63

Miscellaneous

• Outstanding Shares: 65,220,000
• Free Float: 47,613,000
• Market Cap: $586.98 million
• Optionable: Optionable
• Beta: 0.89