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.
Industry, Sector and Symbol
Industry Real estate investment trusts
Sub-IndustryN/A
SectorConsumer Discretionary
Phone516-268-7460
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$292.59 million
Profitability
Miscellaneous
Employees4,400
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) announced its quarterly earnings results on Thursday, November, 8th. The real estate investment trust reported ($0.17) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.09) by $0.08. The real estate investment trust earned $87.42 million during the quarter, compared to analysts' expectations of $88.23 million. Drive Shack had a negative net margin of 18.78% and a negative return on equity of 21.30%. View Drive Shack's Earnings History.
When is Drive Shack's next earnings date?
What price target have analysts set for DS?
1 equities research analysts have issued 12 month price targets for Drive Shack's stock. Their predictions range from $5.00 to $5.00. On average, they anticipate Drive Shack's share price to reach $5.00 in the next twelve months. This suggests a possible upside of 11.1% 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 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Drive Shack.
Has Drive Shack been receiving favorable news coverage?
Media stories about DS stock have trended somewhat negative this week, according to InfoTrie Sentiment. The research group scores the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Drive Shack earned a news impact score of -1.4 on InfoTrie's scale. They also gave news coverage about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the immediate future.
Who are some of Drive Shack's key competitors?
Some companies that are related to Drive Shack include PennyMac Mortgage Investment Trust (PMT), KKR Real Estate Finance Trust (KREF), Saul Centers (BFS), TIER REIT (TIER), Summit Hotel Properties (INN), Interrent Real Estate Investment Trust (IIPZF), Easterly Government Properties (DEA), Washington Prime Group (WPG), Ramco-Gershenson Properties Trust (RPT), NY MTG TR INC/SH (NYMT), InfraREIT (HIFR), Chatham Lodging Trust (CLDT), Universal Health Realty Income Trust (UHT), Independence Realty Trust (IRT) and ARMOUR Residential REIT (ARR).
Who are Drive Shack's key executives?
Drive Shack's management team includes the folowing people:
- Ms. Sara A. Yakin, Chief Operating Officer (Age 33)
- 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
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 $4.50.
How big of a company is Drive Shack?
Drive Shack has a market capitalization of $301.62 million and generates $292.59 million in revenue each year. The real estate investment trust earns $-42,200,000.00 in net income (profit) each year or $0.21 on an earnings per share basis. Drive Shack employs 4,400 workers across the globe.
What is Drive Shack's official website?
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)
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.
