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

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

Drive Shack Inc (NYSE:DS) released its quarterly earnings results on Monday, November, 11th. The real estate investment trust reported ($0.20) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.14) by $0.06. The real estate investment trust earned $74.68 million during the quarter, compared to the consensus estimate of $59.05 million. Drive Shack had a negative return on equity of 87.07% and a negative net margin of 15.99%. View Drive Shack's Earnings History.

Drive Shack is scheduled to release their next quarterly earnings announcement on Thursday, March 5th 2020. View Earnings Estimates for Drive Shack.

Drive Shack will be holding an earnings conference call on Thursday, March 5th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

2 analysts have issued twelve-month price objectives for Drive Shack's stock. Their forecasts range from $7.00 to $8.00. On average, they expect Drive Shack's stock price to reach $7.50 in the next year. This suggests a possible upside of 162.2% from the stock's current price. View Analyst Price Targets for Drive Shack.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Drive Shack in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Drive Shack.

Media coverage about DS stock has been trending positive recently, according to InfoTrie Sentiment. The research firm rates the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Drive Shack earned a daily sentiment score of 2.8 on InfoTrie's scale. They also gave news stories about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the near term. View News Stories for Drive Shack.

Drive Shack saw a increase in short interest during the month of January. As of January 31st, there was short interest totalling 6,870,000 shares, an increase of 8.2% from the January 15th total of 6,350,000 shares. Based on an average trading volume of 331,500 shares, the days-to-cover ratio is currently 20.7 days. Approximately 11.6% of the shares of the stock are short sold. View Drive Shack's Current Options Chain.

Some companies that are related to Drive Shack include Ready Capital (RC), CAPSTEAD MTG CO/SH (CMO), Chatham Lodging Trust (CLDT), Urstadt Biddle Properties (UBP), City Office REIT (CIO), UMH PROPERTIES/SH SH (UMH), Hersha Hospitality Trust (HT), Western Asset Mortgage Capital (WMC), One Liberty Properties (OLP), AG Mortgage Investment Trust (MITT), Global Medical REIT (GMRE), New Senior Investment Group (SNR), Ares Commercial Real Estate (ACRE), Catchmark Timber Trust (CTT) and CorePoint Lodging (CPLG).

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

Drive Shack's stock is owned by a number of of retail and institutional investors. Top institutional investors include FMR LLC (15.00%), American Assets Capital Advisers LLC (5.89%), Punch & Associates Investment Management Inc. (4.36%), Broad Run Investment Management LLC (4.35%), State Street Corp (1.61%) and Geode Capital Management LLC (1.09%). Company insiders that own Drive Shack stock include 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 American Assets Capital Advisers LLC, Broad Run Investment Management LLC, Connor Clark & Lunn Investment Management Ltd., Punch & Associates Investment Management Inc., Goldman Sachs Group Inc., Bank of America Corp DE, New York State Common Retirement Fund and PNC Financial Services Group Inc.. View Insider Buying and Selling for Drive Shack.

DS stock was bought by a variety of institutional investors in the last quarter, including Alpine Global Management LLC, Spark Investment Management LLC, Captrust Financial Advisors, Barclays PLC, Prudential Financial Inc., TD Asset Management Inc., Geode Capital Management LLC and State Street Corp. Company insiders that have bought Drive Shack stock in the last two years include Research Corp Acacia, Virgis Colbert and Wesley R Edens. View Insider Buying and Selling 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 $2.86.

Drive Shack has a market capitalization of $191.78 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 3,923 workers across the globe.View Additional Information About Drive Shack.

The official website for Drive Shack is http://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]