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NYSE:DS

Drive Shack Stock Forecast, Price & News

$1.55
-0.06 (-3.73 %)
(As of 10/28/2020 12:00 AM ET)
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Today's Range
$1.50
Now: $1.55▼
$1.63
50-Day Range
$1.09
MA: $1.28▼
$1.77
52-Week Range
$0.86
Now: $1.55▼
$4.45
Volume989,616 shs
Average Volume1.26 million shs
Market Capitalization$104.18 million
P/E RatioN/A
Dividend YieldN/A
Beta1.56
Drive Shack Inc. owns and operates golf-related leisure and entertainment venue business. It operates through Entertainment Golf Venues and Traditional Golf Properties segments. The Entertainment Golf Venues segment operates entertainment golf venues in Raleigh, North Carolina; Richmond, Virginia; and West Palm Beach, Florida. Its entertainment golf venues offer sports and social entertainment services with gaming and golf technology, a chef-inspired menu, and craft cocktails, as well as social events. The Traditional Golf Properties segment owns and operates golf properties in the United States. As of December 31, 2019, it owned, leased, or managed 59 properties in 9 states. Drive Shack Inc. 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 headquartered in New York, New York.
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Drive Shack logo

Beat the Market (BTM) Rank™

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
Phone646-585-5591
Employees4,658

Debt

Debt-to-Equity RatioN/A
Current Ratio1.05
Quick Ratio1.05

Price-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 / Sales0.38
Cash FlowN/A
Price / Cash FlowN/A
Book Value$0.06 per share
Price / Book25.83

Profitability

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

Outstanding Shares67,212,000
Market Cap$104.18 million
Next Earnings Date11/9/2020 (Estimated)
OptionableOptionable
$1.55
-0.06 (-3.73 %)
(As of 10/28/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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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 shares have increased by 6.2% and is now trading at $1.55.
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 quarterly earnings data on Tuesday, August, 4th. The real estate investment trust reported ($0.61) EPS for the quarter, missing the Zacks' 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 Wall Street analysts have issued 12 month price targets for Drive Shack's shares. Their forecasts range from $3.00 to $5.00. On average, they expect Drive Shack's stock price to reach $4.00 in the next year. This suggests a possible upside of 158.1% from the stock's current price.
View analysts' price targets for Drive Shack.

Are investors shorting Drive Shack?

Drive Shack saw a increase in short interest in September. As of September 15th, there was short interest totaling 2,340,000 shares, an increase of 13.6% from the August 31st total of 2,060,000 shares. Based on an average trading volume of 1,210,000 shares, the days-to-cover ratio is presently 1.9 days. Approximately 4.1% of the company's shares are short sold.
View Drive Shack's Short Interest.

Who are some of Drive Shack's key competitors?

Some companies that are related to Drive Shack include Simplicity Esports and Gaming (WINR), Muscle Maker (GRIL), Baristas Coffee (BCCI), iPic Entertainment (IPICQ), iPic Entertainment (IPIC), 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), Advanced Micro Devices (AMD), Energy Transfer (ET), Frontline (FRO), Hecla Mining (HL), Lamb Weston (LW), New Senior Investment Group (SNR), MaxLinear (MXL), RADCOM (RDCM) and TherapeuticsMD (TXMD).

Who are Drive Shack's key executives?

Drive Shack's management team includes the following people:
  • Ms. Hana Khouri, CEO & Pres (Age 36, Pay $370.19k)
  • Mr. Lawrence A. Goodfield Jr., Chief Accounting Officer & Treasurer (Age 41, Pay $435.35k)
  • Mr. Michael Lee Nichols, Chief Financial Officer (Age 53)
  • Ms. Kelley Buchhorn, Head of Investor Relations
  • Mr. Gregory F. Hughes, Exec. Officer (Age 56)
  • Mr. Peter Lionel Briger Jr., Principal & the Co-Chairman of Directors - Fortress Investment Group LLC (Age 56)
  • Nicholas M. Foley, Sec.

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 DAVENPORT & Co LLC (0.13%). 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 DAVENPORT & Co LLC.
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 $1.55.

How big of a company is Drive Shack?

Drive Shack has a market capitalization of $104.18 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 4,658 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 10/29/2020 by MarketBeat.com Staff
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