NASDAQ:RSVR Reservoir Media (RSVR) Stock Price, News & Analysis → Must-See: Elon’s New Invention is Absolutely Insane (From InvestorPlace) (Ad) Free RSVR Stock Alerts $8.40 -0.01 (-0.12%) (As of 05/17/2024 08:54 PM ET) Add Compare Share Share Today's Range$8.35▼$8.4850-Day Range$7.32▼$9.1052-Week Range$5.19▼$9.20Volume25,300 shsAverage Volume60,560 shsMarket Capitalization$544.49 millionP/E Ratio120.00Dividend YieldN/APrice Target$13.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Reservoir Media MarketRank™ Stock AnalysisAnalyst RatingStrong Buy3.50 Rating ScoreUpside/Downside54.8% Upside$13.00 Price TargetShort InterestBearish3.99% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.76Based on 8 Articles This WeekInsider TradingAcquiring Shares$728,585 Bought Last QuarterProj. Earnings GrowthGrowingFrom ($0.03) to $0.06 Per ShareSee Full Details Hide Full Details 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.3.27 out of 5 starsConsumer Discretionary Sector141st out of 270 stocksAmusement & Recreation Services Industry6th out of 13 stocks 3.8 Analyst's Opinion Consensus RatingReservoir Media has received a consensus rating of Strong Buy. The company's average rating score is 3.50, and is based on 1 buy rating, no hold ratings, and no sell ratings.Amount of Analyst CoverageReservoir Media has only been the subject of 1 research reports in the past 90 days.Read more about Reservoir Media's stock forecast and price target. Previous Next 1.0 Short Interest Percentage of Shares Shorted3.99% of the float of Reservoir Media has been sold short.Short Interest Ratio / Days to CoverReservoir Media has a short interest ratio ("days to cover") of 21, which indicates bearish sentiment.Change versus previous monthShort interest in Reservoir Media has recently increased by 1.50%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldReservoir Media does not currently pay a dividend.Dividend GrowthReservoir Media does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for RSVR. Previous Next 2.6 News and Social Media Coverage News SentimentReservoir Media has a news sentiment score of 0.76. 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 0.56 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 8 news articles for Reservoir Media this week, compared to 1 article on an average week. Previous Next 4.2 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Reservoir Media insiders have bought more of their company's stock than they have sold. Specifically, they have bought $728,585.00 in company stock and sold $0.00 in company stock.Percentage Held by Insiders26.27% 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 Institutions44.38% of the stock of Reservoir Media is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Reservoir Media's insider trading history. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Reservoir Media are expected to grow in the coming year, from ($0.03) to $0.06 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Reservoir Media is 120.00, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.94.Price to Earnings Ratio vs. SectorThe P/E ratio of Reservoir Media is 120.00, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 19.15.Price to Earnings Growth RatioReservoir Media has a PEG Ratio of 12.00. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioReservoir Media has a P/B Ratio of 1.55. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Reservoir Media's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad InvestorPlaceMust-See: Elon’s New Invention is Absolutely InsaneCould Elon's New Device be Bigger than the iPhone? According to 30-year Silicon Valley and Wall Street veteran, Eric Fry… This mind-blowing new technology could be bigger than the iPhone.Click here for the full story… 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.Read More RSVR Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart RSVR Stock News HeadlinesMay 18 at 5:30 AM | americanbankingnews.comReservoir Media, Inc. (NASDAQ:RSVR) to Post Q1 2025 Earnings of $0.00 Per Share, B. Riley ForecastsMay 17 at 6:52 AM | americanbankingnews.comReservoir Media (NASDAQ:RSVR) Upgraded at B. RileyMay 16, 2024 | globenewswire.comReservoir Media to Release Fourth Quarter and Fiscal Year 2024 Results on May 30, 2024May 9, 2024 | yahoo.comCalifornia’s second-largest reservoir is full — again. How high is the water at others?May 9, 2024 | msn.comGiant new Calif. reservoir plan would bring water to 24 million peopleMay 8, 2024 | msn.comCalif.'s largest reservoir project in nearly half a century is shaping up near SacramentoMay 8, 2024 | nj.comJersey City Reservoir 3 reopening planned for June 3, but preservation group has concernsMay 7, 2024 | msn.comCalifornia's second-largest reservoir hits 100% of its total capacityApril 30, 2024 | msn.comGreater regional equity needed on use of Quabbin Reservoir water (Editorial)April 18, 2024 | msn.comOne person dead after vehicle goes into ReservoirApril 11, 2024 | msn.comReservoir discharge to increase after recent rainApril 11, 2024 | msn.comReservoir holds water discharge after recent rainMarch 16, 2024 | msn.comIn Mexico, a once glittering lake is being sucked dry by development, drought and lawlessnessMarch 15, 2024 | globenewswire.comReservoir Media, Inc. to Present at 36th Annual Roth Conference on March 19March 13, 2024 | msn.comWater levels at Beaver Run Reservoir return to normalMarch 1, 2024 | yahoo.comLong-planned reservoir above Sacramento Valley advances toward constructionFebruary 22, 2024 | msn.comStrasburg exploring options for secondary water sourceFebruary 22, 2024 | msn.comHow Two California Reservoir Water Levels Changed After Atmospheric RiverFebruary 16, 2024 | finance.yahoo.comEDR Apr 2024 22.000 putFebruary 8, 2024 | finance.yahoo.comReservoir Media, Inc. (NASDAQ:RSVR) Q3 2024 Earnings Call TranscriptFebruary 7, 2024 | msn.comCalifornia Reservoir Dam Release Update as Water Levels StallFebruary 7, 2024 | markets.businessinsider.comReservoir Media is about to announce its earnings — here's what Wall Street expectsFebruary 7, 2024 | msn.comReservoir Media reports mixed Q3 results; raises FY24 outlookFebruary 7, 2024 | finance.yahoo.comReservoir Media Inc (RSVR) Posts Strong Q3 Fiscal 2024 Results with Organic Revenue Growth of 14%February 7, 2024 | finance.yahoo.comReservoir Media Announces Third Quarter Fiscal 2024 ResultsSee More Headlines Company Calendar Last Earnings5/31/2023Today5/19/2024Next Earnings (Confirmed)5/30/2024Fiscal Year End3/31/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorConsumer Discretionary Industry Amusement & recreation services Sub-IndustryN/A Current SymbolNASDAQ:RSVR CUSIPN/A CIK1824403 Webwww.reservoir-media.com Phone212-675-0541FaxN/AEmployees92Year FoundedN/APrice Target and Rating Average Stock Price Target$13.00 High Stock Price Target$13.00 Low Stock Price Target$13.00 Potential Upside/Downside+54.8%Consensus RatingStrong Buy Rating Score (0-4)3.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E Ratio120.00 Forward P/E RatioN/A P/E Growth12Net Income$2.54 million Net Margins0.13% Pretax Margin-0.10% Return on Equity1.37% Return on Assets0.62% Debt Debt-to-Equity Ratio0.97 Current Ratio1.26 Quick Ratio1.14 Sales & Book Value Annual Sales$122.29 million Price / Sales4.45 Cash Flow$0.47 per share Price / Cash Flow17.78 Book Value$5.43 per share Price / Book1.55Miscellaneous Outstanding Shares64,820,000Free Float47,793,000Market Cap$544.49 million OptionableOptionable Beta0.97 Key ExecutivesMs. Golnar Khosrowshahi (Age 53)Founder, CEO & Director Comp: $626.07kMr. Rell Lafargue (Age 51)President, COO & Director Comp: $928.24kMr. James A. Heindlmeyer (Age 51)Chief Financial Officer Comp: $535.75kSuzy ArrabitoVice President of Marketing & CommunicationsKey CompetitorsLiveVoxNASDAQ:LVOXAccel EntertainmentNYSE:ACELNeoGamesNASDAQ:NGMSSphere EntertainmentNYSE:SPHRBowleroNYSE:BOWLView All CompetitorsInsiders & InstitutionsAWM Investment Company Inc.Bought 15,000 shares on 5/16/2024Ownership: 1.106%Vanguard Group Inc.Bought 17,830 shares on 5/10/2024Ownership: 1.683%Russell Investments Group Ltd.Bought 33,819 shares on 5/8/2024Ownership: 0.404%GSA Capital Partners LLPBought 12,989 shares on 5/3/2024Ownership: 0.084%Sanders Morris Harris LLCBought 914,150 shares on 4/11/2024Ownership: 1.410%View All Insider TransactionsView All Institutional Transactions RSVR Stock Analysis - Frequently Asked Questions Should I buy or sell Reservoir Media stock right now? 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Reservoir Media in the last year. There are currently 1 buy rating and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "strong buy" RSVR shares. View RSVR analyst ratings or view top-rated stocks. What is Reservoir Media's stock price target for 2024? 2 brokerages have issued 1-year target prices for Reservoir Media's shares. Their RSVR share price targets range from $13.00 to $13.00. On average, they predict the company's share price to reach $13.00 in the next year. This suggests a possible upside of 54.8% 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 2024? Reservoir Media's stock was trading at $7.13 at the start of the year. Since then, RSVR shares have increased by 17.8% and is now trading at $8.40. View the best growth stocks for 2024 here. When is Reservoir Media's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, May 30th 2024. View our RSVR earnings forecast. How can I listen to Reservoir Media's earnings call? Reservoir Media will be holding an earnings conference call on Thursday, May 30th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link. How were Reservoir Media's earnings last quarter? Reservoir Media, Inc. (NASDAQ:RSVR) announced its quarterly earnings data on Wednesday, May, 31st. The company reported $0.06 earnings per share for the quarter, meeting analysts' consensus estimates of $0.06. The company had revenue of $34.81 million for the quarter, compared to the consensus estimate of $33.93 million. Reservoir Media had a trailing twelve-month return on equity of 1.37% and a net margin of 0.13%. During the same period last year, the company posted $0.07 earnings per share. What ETF holds Reservoir Media's stock? MUSQ Global Music Industry ETF holds 29,000 shares of RSVR stock, representing 1.27% of its portfolio. Who are Reservoir Media's major shareholders? Reservoir Media's stock is owned by a variety of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (1.68%), Sanders Morris Harris LLC (1.41%), AWM Investment Company Inc. (1.11%), Russell Investments Group Ltd. (0.40%) and GSA Capital Partners LLP (0.08%). Insiders that own company stock include Adam Rothstein, Essex Equity Joint Investment, Ezra S Field, Golnar Khosrowshahi, Hassan 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:RSVR) was last updated on 5/20/2024 by MarketBeat.com Staff From Our PartnersThe Overlooked Retirement Asset You Probably Don’t OwnCrypto 101 MediaElon’s New Device is About to Shock the WorldInvestorPlaceBiden Nomination CANCELED?The Freeport SocietyShocking: One AI startup's revenue could surge 4,735%Manward PressUrgent Nvidia WarningAltimetry"The Biggest Drug Ever" Is ComingBehind the MarketsExposed: 10 CENT Crypto to Explode May 20th?True Market InsidersA once-in-a-century investment opportunityStansberry Research Adding Choose a watchlist: Watchlist My Default Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Please log in to your account or sign up in order to add this asset to your watchlist. 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