NYSE:DS Drive Shack Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Drive Shack Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $1.39 -0.02 (-1.42 %) (As of 09/18/2020 12:00 AM ET) Add Compare Share Today's Range$1.34Now: $1.39▼$1.4150-Day Range$1.28MA: $1.52▼$1.9052-Week Range$0.86Now: $1.39▼$4.52Volume868,359 shsAverage Volume930,101 shsMarket Capitalization$93.42 millionP/E RatioN/ADividend YieldN/ABeta1.51 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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.Read More Beat the Market (BTM) Rank™ 3.5 Analyst's Opinion Consensus RatingDrive Shack has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $4.00, Drive Shack has a forecasted upside of 187.8% from its current price of $1.39.Amount of Analyst CoverageDrive Shack has only been the subject of 2 research reports in the past 90 days. Previous Next 2.3 Community Rank Outperform VotesDrive Shack has received 261 “outperform” votes. (Add your “outperform” vote.)Underperform VotesDrive Shack has received 302 “underperform” votes. (Add your “underperform” vote.)Community SentimentDrive Shack has received 53.64% “underperform” votes from our community.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. Previous Next 0.0 Dividend Strength Dividend YieldDrive Shack does not currently pay a dividend.Dividend GrowthDrive Shack does not have a long track record of dividend growth. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Drive Shack insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 10.20% of the stock of Drive Shack is held by insiders.Percentage Held by Institutions39.81% of the stock of Drive Shack is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Drive Shack are expected to grow in the coming year, from ($1.31) to ($0.63) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Drive Shack is -1.04, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Drive Shack is -1.04, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioDrive Shack has a P/B Ratio of 23.17. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.5Community Rank: 2.3Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.49 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Eating & drinking places Sub-IndustryN/A SectorConsumer Discretionary Current SymbolNYSE:DS Previous Symbol CUSIPN/A CIK1175483 Webwww.driveshack.com Phone646-585-5591Debt Debt-to-Equity Ratio64.67 Current Ratio1.05 Quick Ratio1.05Price-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$272.06 million Price / Sales0.34 Cash FlowN/A Price / Cash FlowN/A Book Value$0.06 per share Price / Book23.17Profitability EPS (Most Recent Fiscal Year)($0.84) Net Income$-54,850,000.00 Net Margins-35.12% Return on Equity-480.82% Return on Assets-16.75%Miscellaneous Employees1,200 Outstanding Shares67,210,000Market Cap$93.42 million Next Earnings Date11/9/2020 (Estimated) OptionableOptionable $1.39 -0.02 (-1.42 %) (As of 09/18/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive DS News and Ratings via Email Sign-up to receive the latest news and ratings for DS and its competitors with MarketBeat's FREE daily newsletter. Drive Shack (NYSE:DS) Frequently Asked Questions How has Drive Shack's stock been impacted by Coronavirus (COVID-19)? Drive Shack's stock was trading at $1.46 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, DS stock has decreased by 4.8% and is now trading at $1.39. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Drive Shack? 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. When is Drive Shack's next earnings date? Drive Shack is scheduled to release its next quarterly earnings announcement on Monday, November 9th 2020. View our earnings forecast for Drive Shack. How were Drive Shack's earnings last quarter? Drive Shack Inc (NYSE:DS) released its earnings results on Tuesday, August, 4th. The real estate investment trust reported ($0.61) EPS for the quarter, missing the consensus estimate of ($0.23) by $0.38. The real estate investment trust earned $32.10 million during the quarter, compared to analyst estimates of $38.36 million. Drive Shack had a negative return on equity of 480.82% and a negative net margin of 35.12%. View Drive Shack's earnings history. What price target have analysts set for DS? 4 equities research analysts have issued 12 month price targets for Drive Shack's shares. 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 187.8% from the stock's current price. View analysts' price targets for Drive Shack. Are investors shorting Drive Shack? Drive Shack saw a decline in short interest in the month of August. As of August 14th, there was short interest totaling 1,960,000 shares, a decline of 12.9% from the July 30th total of 2,250,000 shares. Based on an average daily trading volume, of 2,290,000 shares, the short-interest ratio is presently 0.9 days. Currently, 3.4% of the company's stock are sold short. View Drive Shack's Short Interest. Who are some of Drive Shack's key competitors? Some companies that are related to Drive Shack include Muscle Maker (GRIL), Simplicity Esports and Gaming (WINR), Baristas Coffee (BCCI), iPic Entertainment (IPICQ), Giggles N Hugs (GIGL) and Big Buck Brewery & Steakhouse (BBUCQ). View all competitors. What other stocks do shareholders of Drive Shack own? Based on aggregate information from My MarketBeat watchlists, some companies that other Drive Shack investors own include Beazer Homes USA (BZH), Frontline (FRO), Energy Transfer LP Unit (ET), Advanced Micro Devices (AMD), Lamb Weston (LW), RADCOM (RDCM), New Senior Investment Group (SNR), General Electric (GE), Hecla Mining (HL) and Intel (INTC). Who are Drive Shack's key executives? Drive Shack's management team includes the following 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 RelationsMr. Gregory F. Hughes, Exec. Officer (Age 55) What is Drive Shack's stock symbol? Drive Shack trades on the New York Stock Exchange (NYSE) under the ticker symbol "DS." Who are Drive Shack's major shareholders? Drive Shack's stock is owned by a variety of retail and institutional investors. Top institutional investors include FMR LLC (1.89%), FMR LLC (1.89%), Bridgeway Capital Management Inc. (0.56%), Jane Street Group LLC (0.44%), Charles Schwab Investment Management Inc. (0.41%) and Goldman Sachs Group Inc. (0.21%). 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. Which major investors are selling Drive Shack stock? DS stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, FMR LLC, Bank of New York Mellon Corp, Charles Schwab Investment Management Inc., and UBS Group AG. View insider buying and selling activity for Drive Shack. Which major investors are buying Drive Shack stock? DS stock was acquired by a variety of institutional investors in the last quarter, including Bridgeway Capital Management Inc., Jane Street Group LLC, DAVENPORT & Co LLC, Goldman Sachs Group Inc., Capital Investment Advisors LLC, B. Riley Wealth Management Inc., Advisor Group Holdings Inc., and Virtu Financial LLC. Company insiders that have bought Drive Shack stock in the last two years include Hana Khouri, Lawrence A Jr Goodfield, Research Corp Acacia, Virgis Colbert, and Wesley R Edens. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab. What is Drive Shack's stock price today? One share of DS stock can currently be purchased for approximately $1.39. How big of a company is Drive Shack? Drive Shack has a market capitalization of $93.42 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. What is Drive Shack's official website? The official website for Drive Shack is www.driveshack.com. How can I contact Drive Shack? 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] This page was last updated on 9/20/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
