Drive Shack Stock Forecast, Price & News

Drive Shack's stock was trading at $1.46 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, DS stock has increased by 8.2% and is now trading at $1.58.
View which stocks have been most impacted by COVID-19.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Drive Shack in the last year. There are currently 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Drive Shack.

Drive Shack is scheduled to release its next quarterly earnings announcement on Monday, November 9th 2020.
View our earnings forecast for Drive Shack.

Drive Shack Inc (NYSE:DS) issued its quarterly earnings results on Tuesday, August, 4th. The real estate investment trust reported ($0.61) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.23) by $0.38. The real estate investment trust had revenue of $32.10 million for the quarter, compared to the consensus estimate of $38.36 million. Drive Shack had a negative net margin of 35.12% and a negative return on equity of 480.82%.
View Drive Shack's earnings history.

4 analysts have issued twelve-month price objectives for Drive Shack's stock. Their forecasts range from $3.00 to $5.00. On average, they anticipate Drive Shack's stock price to reach $4.00 in the next year. This suggests a possible upside of 153.2% from the stock's current price.
View analysts' price targets for Drive Shack.

Drive Shack saw a increase in short interest in the month of September. As of September 15th, there was short interest totaling 2,340,000 shares, an increase of 13.6% from the August 31st total of 2,060,000 shares. Based on an average daily trading volume, of 1,210,000 shares, the short-interest ratio is currently 1.9 days. Approximately 4.1% of the company's stock are short sold.
View Drive Shack's Short Interest.

Some companies that are related to Drive Shack include Muscle Maker (GRIL), Simplicity Esports and Gaming (WINR), Baristas Coffee (BCCI), iPic Entertainment (IPICQ), iPic Entertainment (IPIC), Giggles N Hugs (GIGL) and Big Buck Brewery & Steakhouse (BBUCQ).
View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Drive Shack investors own include Beazer Homes USA (BZH), Advanced Micro Devices (AMD), Energy Transfer (ET), Frontline (FRO), Hecla Mining (HL), Lamb Weston (LW), New Senior Investment Group (SNR), MaxLinear (MXL), RADCOM (RDCM) and TherapeuticsMD (TXMD).

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

Drive Shack's stock is owned by many different institutional and retail investors. Top institutional investors include DAVENPORT & Co LLC (0.13%). Company insiders that own Drive Shack stock include Hana Khouri, Lawrence A Jr Goodfield, Research Corp Acacia, Virgis Colbert and Wesley R Edens.
View institutional ownership trends for Drive Shack.

DS stock was sold by a variety of institutional investors in the last quarter, including DAVENPORT & Co LLC.
View insider buying and selling activity for 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, Robinhood, Fidelity, and Charles Schwab.

One share of DS stock can currently be purchased for approximately $1.58.

Drive Shack has a market capitalization of $106.19 million and generates $272.06 million in revenue each year. The real estate investment trust earns $-54,850,000.00 in net income (profit) each year or ($0.84) on an earnings per share basis. Drive Shack employs 1,200 workers across the globe.

The official website for Drive Shack is www.driveshack.com.

Drive Shack's mailing address is 218 W. 18th Street 3rd Floor, NEW YORK NY, 10011. The real estate investment trust can be reached via phone at 646-585-5591 or via email at [email protected]