FY2025 EPS Estimates for RCI Hospitality Lifted by Analyst

RCI Hospitality Holdings Inc (NASDAQ:RICK - Free Report) - Stock analysts at HC Wainwright increased their FY2025 earnings per share (EPS) estimates for shares of RCI Hospitality in a research report issued on Wednesday, February 12th. HC Wainwright analyst S. Buck now expects that the restaurant operator will earn $4.55 per share for the year, up from their prior forecast of $3.98. HC Wainwright currently has a "Buy" rating and a $98.00 target price on the stock. The consensus estimate for RCI Hospitality's current full-year earnings is $4.55 per share.

Separately, StockNews.com upgraded shares of RCI Hospitality from a "hold" rating to a "buy" rating in a research note on Wednesday, February 12th.

RCI Hospitality Trading Down 2.0 %

Shares of RCI Hospitality stock traded down $1.11 during trading hours on Monday, hitting $53.57. The company's stock had a trading volume of 50,207 shares, compared to its average volume of 74,006. The business has a fifty day moving average of $54.91 and a 200 day moving average of $49.10. The company has a quick ratio of 0.92, a current ratio of 1.02 and a debt-to-equity ratio of 0.81. RCI Hospitality has a 1-year low of $37.61 and a 1-year high of $61.66. The company has a market capitalization of $475.17 million, a PE ratio of 95.66 and a beta of 1.55.

Hedge Funds Weigh In On RCI Hospitality

A number of hedge funds have recently added to or reduced their stakes in RICK. Quest Partners LLC bought a new position in shares of RCI Hospitality in the 3rd quarter worth about $29,000. Point72 Asia Singapore Pte. Ltd. lifted its holdings in RCI Hospitality by 254.1% in the third quarter. Point72 Asia Singapore Pte. Ltd. now owns 694 shares of the restaurant operator's stock worth $31,000 after acquiring an additional 498 shares during the last quarter. Tower Research Capital LLC TRC boosted its stake in RCI Hospitality by 356.8% in the fourth quarter. Tower Research Capital LLC TRC now owns 845 shares of the restaurant operator's stock valued at $49,000 after acquiring an additional 660 shares during the period. Heck Capital Advisors LLC bought a new position in shares of RCI Hospitality during the fourth quarter valued at approximately $53,000. Finally, Copeland Capital Management LLC acquired a new stake in shares of RCI Hospitality during the 3rd quarter worth approximately $54,000. Institutional investors and hedge funds own 53.82% of the company's stock.

RCI Hospitality Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 30th. Investors of record on Monday, December 16th were given a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a dividend yield of 0.52%. The ex-dividend date of this dividend was Monday, December 16th. RCI Hospitality's dividend payout ratio is currently 50.00%.

About RCI Hospitality

RCI Hospitality Holdings, Inc, through its subsidiaries, engages in the hospitality and related businesses in the United States. It operates in Nightclubs, Bombshells, and Media Group segments. The company's wholly-owned subsidiaries own and/or operates upscale adult nightclubs serving primarily businessmen and professionals under the Rick's Cabaret, Jaguars Club, Tootsie's Cabaret, XTC Cabaret, Club Onyx, Hoops Cabaret and Sports Bar, Scarlett's Cabaret, Temptations Adult Cabaret, Foxy's Cabaret, Vivid Cabaret, Downtown Cabaret, Cabaret East, The Seville, Silver City Cabaret, and Kappa Men's Club.