NYSE:DS - Drive Shack Stock Price, News, & Analysis

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$5.05 -0.03 (-0.59 %)
(As of 03/26/2019 12:32 PM ET)
Previous Close$5.08
Today's Range$5.05 - $5.15
52-Week Range$3.55 - $8.06
Volume3,328 shs
Average Volume234,061 shs
Market Capitalization$338.50 million
P/E Ratio-11.84
Dividend YieldN/A
Beta1.3
Drive Shack Inc. owns and operates golf-related leisure and entertainment businesses. Its Traditional Golf Properties segment owns and operates golf properties in the United States. As of March 31, 2018, it owned, leased, or managed 74 properties in 12 states. The company's Entertainment Golf Venues segment operates an entertainment golf venue in Orlando, Florida. This segment also focuses on opening a chain of entertainment golf venues in the United States and internationally, which combine golf, competition, dining, and fun. The company was formerly known as Newcastle Investment Corp. and changed its name to Drive Shack Inc. in December 2016. Drive Shack Inc. was founded in 2002 and is based in New York, New York.

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Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryN/A
SectorConsumer Discretionary
CUSIPN/A
Phone516-268-7460

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$314.37 million
Book Value$1.09 per share

Profitability

Net Income$-38,680,000.00

Miscellaneous

Employees4,400
Market Cap$338.50 million
Next Earnings Date5/2/2019 (Estimated)
OptionableOptionable

Drive Shack (NYSE:DS) Frequently Asked Questions

What is Drive Shack's stock symbol?

Drive Shack trades on the New York Stock Exchange (NYSE) under the ticker symbol "DS."

How were Drive Shack's earnings last quarter?

Drive Shack Inc (NYSE:DS) issued its quarterly earnings results on Thursday, March, 14th. The real estate investment trust reported ($0.07) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.13 by $0.20. The real estate investment trust had revenue of $69.29 million for the quarter. Drive Shack had a negative return on equity of 27.87% and a negative net margin of 12.31%. View Drive Shack's Earnings History.

When is Drive Shack's next earnings date?

Drive Shack is scheduled to release their next quarterly earnings announcement on Thursday, May 2nd 2019. View Earnings Estimates for Drive Shack.

What price target have analysts set for DS?

1 brokerages have issued twelve-month target prices for Drive Shack's shares. Their predictions range from $7.00 to $7.00. On average, they expect Drive Shack's share price to reach $7.00 in the next twelve months. This suggests a possible upside of 38.6% from the stock's current price. View Analyst Price Targets for Drive Shack.

What is the consensus analysts' recommendation for Drive Shack?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Drive Shack in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Drive Shack.

Has Drive Shack been receiving favorable news coverage?

Press coverage about DS stock has been trending somewhat negative recently, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Drive Shack earned a media sentiment score of -1.4 on InfoTrie's scale. They also gave media coverage about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the next several days.

Who are some of Drive Shack's key competitors?

What other stocks do shareholders of Drive Shack own?

Who are Drive Shack's key executives?

Drive Shack's management team includes the folowing people:
  • Mr. Lawrence A. Goodfield Jr., Chief Accounting Officer & Treasurer (Age 40)
  • Mr. Kenneth A. May, CEO, Pres & Director (Age 58)
  • Mr. David Hammarley, Chief Financial Officer
  • Mr. Nick Foley, Head of Investor Relations
  • Mr. Gregory F. Hughes, Exec. Officer (Age 55)

Who are Drive Shack's major shareholders?

Drive Shack's stock is owned by a number of of retail and institutional investors. Top institutional investors include FMR LLC (15.00%), BlackRock Inc. (5.09%), Dimensional Fund Advisors LP (3.13%), Dimensional Fund Advisors LP (3.13%), Northern Trust Corp (1.16%) and Connor Clark & Lunn Investment Management Ltd. (1.01%). Company insiders that own Drive Shack stock include Alan L Tyson and Wesley R Edens. View Institutional Ownership Trends for Drive Shack.

Which major investors are selling Drive Shack stock?

DS stock was sold by a variety of institutional investors in the last quarter, including Trafelet Brokaw Capital Management L.P., GSA Capital Partners LLP, California Public Employees Retirement System, Bank of America Corp DE, Connor Clark & Lunn Investment Management Ltd., D. E. Shaw & Co. Inc., Prudential Financial Inc. and Janney Montgomery Scott LLC. View Insider Buying and Selling for Drive Shack.

Which major investors are buying Drive Shack stock?

DS stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, BlackRock Inc., Geode Capital Management LLC, Geode Capital Management LLC, Rhumbline Advisers, Dimensional Fund Advisors LP, Dimensional Fund Advisors LP and Levin Capital Strategies L.P.. Company insiders that have bought Drive Shack stock in the last two years include Alan L Tyson and Wesley R Edens. View Insider Buying and Selling for Drive Shack.

How do I buy shares of Drive Shack?

Shares of DS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Drive Shack's stock price today?

One share of DS stock can currently be purchased for approximately $5.05.

How big of a company is Drive Shack?

Drive Shack has a market capitalization of $338.50 million and generates $314.37 million in revenue each year. The real estate investment trust earns $-38,680,000.00 in net income (profit) each year or ($0.43) on an earnings per share basis. Drive Shack employs 4,400 workers across the globe.

What is Drive Shack's official website?

The official website for Drive Shack is http://www.driveshack.com.

How can I contact Drive Shack?

Drive Shack's mailing address is 111 W. 19th Street, NEW YORK NY, 10011. The real estate investment trust can be reached via phone at 516-268-7460 or via email at [email protected]


MarketBeat Community Rating for Drive Shack (NYSE DS)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  203 (Vote Outperform)
Underperform Votes:  244 (Vote Underperform)
Total Votes:  447
MarketBeat's community ratings are surveys of what our community members think about Drive Shack and other stocks. Vote "Outperform" if you believe DS will outperform the S&P 500 over the long term. Vote "Underperform" if you believe DS will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/26/2019 by MarketBeat.com Staff

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