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

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$4.97 -0.03 (-0.60 %)
(As of 05/22/2019 04:00 PM ET)
Previous Close$5.00
Today's Range$4.93 - $5.03
52-Week Range$3.55 - $8.06
Volume119,070 shs
Average Volume228,164 shs
Market Capitalization$333.12 million
P/E RatioN/A
Dividend YieldN/A
Beta1.35
Drive Shack Inc. owns and operates golf-related leisure and entertainment businesses. Its Entertainment Golf Venues segment operates an entertainment golf venue in Orlando, Florida. This segment also focuses on opening a chain of dining and entertainment golf venues in the United States and internationally, which combine golf, competition, dining, and fun. The company's Traditional Golf Properties segment owns and operates golf properties in the United States. As of December 31, 2018, it owned, leased, or managed 66 properties in 11 states. The company also invests in loans and securities. 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$0.72 per share

Profitability

Net Income$-38,680,000.00

Miscellaneous

Employees3,923
Market Cap$333.12 million
Next Earnings Date8/2/2019 (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 earnings results on Friday, May, 10th. The real estate investment trust reported ($0.18) EPS for the quarter, missing the consensus estimate of ($0.16) by $0.02. The real estate investment trust earned $53.95 million during the quarter, compared to analyst estimates of $55.13 million. Drive Shack had a negative return on equity of 39.60% and a negative net margin of 12.26%. 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 Friday, August 2nd 2019. View Earnings Estimates for Drive Shack.

What price target have analysts set for DS?

1 equities research analysts have issued twelve-month price objectives for Drive Shack's stock. 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 year. This suggests a possible upside of 40.8% 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?

Media coverage about DS stock has been trending negative on Wednesday, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Drive Shack earned a coverage optimism score of -2.0 on InfoTrie's scale. They also gave media headlines 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 impact on the stock'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 (Age 48)
  • 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 many different of institutional and retail investors. Top institutional shareholders include American Assets Capital Advisers LLC (7.45%), BlackRock Inc. (4.82%), Punch & Associates Investment Management Inc. (4.36%), Dimensional Fund Advisors LP (3.14%), Geode Capital Management LLC (0.97%) and Connor Clark & Lunn Investment Management Ltd. (0.96%). Company insiders that own Drive Shack stock include Alan L Tyson and Wesley R Edens. View Institutional Ownership Trends for Drive Shack.

Which institutional investors are selling Drive Shack stock?

DS stock was sold by a variety of institutional investors in the last quarter, including Trafelet Capital Management L.P., BlackRock Inc., Morgan Stanley, Parametric Portfolio Associates LLC, Connor Clark & Lunn Investment Management Ltd., Menta Capital LLC, California Public Employees Retirement System and California State Teachers Retirement System. View Insider Buying and Selling for Drive Shack.

Which institutional investors are buying Drive Shack stock?

DS stock was bought by a variety of institutional investors in the last quarter, including American Assets Capital Advisers LLC, JPMorgan Chase & Co., Renaissance Technologies LLC, Geode Capital Management LLC, Punch & Associates Investment Management Inc., US Bancorp DE, Charles Schwab Investment Management Inc. and SG Americas Securities LLC. 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 $4.97.

How big of a company is Drive Shack?

Drive Shack has a market capitalization of $333.12 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.

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:  208 (Vote Outperform)
Underperform Votes:  252 (Vote Underperform)
Total Votes:  460
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 5/22/2019 by MarketBeat.com Staff

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