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

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$4.62 +0.09 (+1.99 %)
(As of 02/20/2019 02:24 PM ET)
Previous Close$4.53
Today's Range$4.50 - $4.64
52-Week Range$3.55 - $8.06
Volume60,118 shs
Average Volume194,373 shs
Market Capitalization$309.68 million
P/E Ratio22.00
Dividend YieldN/A
Beta1.31
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.

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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$292.59 million
Cash Flow$0.3226 per share
Book Value$1.63 per share

Profitability

Net Income$-42,200,000.00

Miscellaneous

Employees4,400
Market Cap$309.68 million
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) posted its quarterly earnings data on Friday, August, 3rd. The real estate investment trust reported ($0.09) earnings per share for the quarter, missing the Zacks' consensus estimate of $0.04 by $0.13. The real estate investment trust had revenue of $91 million for the quarter, compared to analysts' expectations of $80.55 million. Drive Shack had a negative return on equity of 21.30% and a negative net margin of 18.78%. 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 Wednesday, March 6th 2019. View Earnings Estimates for Drive Shack.

What price target have analysts set for DS?

1 brokerages have issued 12 month target prices for Drive Shack's stock. Their forecasts range from $5.00 to $5.00. On average, they anticipate Drive Shack's stock price to reach $5.00 in the next year. This suggests a possible upside of 8.2% 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?

Headlines about DS stock have been trending somewhat negative this week, according to InfoTrie Sentiment. The research firm scores the sentiment of news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Drive Shack earned a daily sentiment score of -1.1 on InfoTrie's scale. They also gave news headlines about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the near future.

Who are some of Drive Shack's key competitors?

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
  • 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 a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (5.09%), Dimensional Fund Advisors LP (3.13%), Northern Trust Corp (1.16%), Connor Clark & Lunn Investment Management Ltd. (1.01%), Geode Capital Management LLC (0.90%) and Trafelet Brokaw Capital Management L.P. (0.66%). Company insiders that own Drive Shack stock include Alan L Tyson 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 Trafelet Brokaw Capital Management L.P., GSA Capital Partners LLP, California Public Employees Retirement System, Bank of America Corp DE, Connor Clark & Lunn Investment Management Ltd., D. E. Shaw & Co. Inc., Prudential Financial Inc. and Janney Montgomery Scott LLC. View Insider Buying and Selling 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 BlackRock Inc., Geode Capital Management LLC, Rhumbline Advisers, Dimensional Fund Advisors LP, Levin Capital Strategies L.P. and Metropolitan Life Insurance Co. NY. 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 $4.62.

How big of a company is Drive Shack?

Drive Shack has a market capitalization of $309.68 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?

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:  2.2 out of 5 (star star)
Outperform Votes:  194 (Vote Outperform)
Underperform Votes:  238 (Vote Underperform)
Total Votes:  432
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 2/20/2019 by MarketBeat.com Staff

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