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NASDAQ:RSVR

Reservoir Media (RSVR) Stock Price, News & Analysis

$7.33
-0.18 (-2.40%)
(As of 09/6/2024 ET)
Today's Range
$7.30
$7.50
50-Day Range
$7.10
$8.63
52-Week Range
$5.26
$9.20
Volume
31,745 shs
Average Volume
62,583 shs
Market Capitalization
$476.71 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$12.25

Reservoir Media MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
67.1% Upside
$12.25 Price Target
Short Interest
Bearish
3.74% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Acquiring Shares
$49,302 Bought Last Quarter
Proj. Earnings Growth
66.67%
From $0.09 to $0.15 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.18 out of 5 stars

Consumer Discretionary Sector

137th out of 269 stocks

Amusement & Recreation Services Industry

6th out of 13 stocks

RSVR stock logo

About Reservoir Media Stock (NASDAQ:RSVR)

Reservoir Media, Inc. operates as a music publishing company. It operates through two segments, Music Publishing and Recorded Music. The Music Publishing segment acquires interests in music catalogs, as well as signs songwriters. The Recorded Music segment engages in the acquisition of sound recording catalogs; discovery and development of recording artists; and marketing, distribution, sale, and licensing of the music catalogs. The company was founded in 2007 and is headquartered in New York, New York.

RSVR Stock Price History

RSVR Stock News Headlines

The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
See More Headlines
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Company Calendar

Last Earnings
7/31/2024
Today
9/07/2024
Next Earnings (Estimated)
11/05/2024
Fiscal Year End
3/31/2025

Industry, Sector and Symbol

Industry
Amusement & recreation services
Sub-Industry
Entertainment
Current Symbol
NASDAQ:RSVR
Fax
N/A
Employees
80
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$12.25
High Stock Price Target
$13.00
Low Stock Price Target
$11.50
Potential Upside/Downside
+67.1%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$640,000.00
Pretax Margin
0.13%

Debt

Sales & Book Value

Annual Sales
$147.34 million
Cash Flow
$0.37 per share
Book Value
$5.47 per share

Miscellaneous

Free Float
47,476,000
Market Cap
$476.71 million
Optionable
Optionable
Beta
0.90
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RSVR Stock Analysis - Frequently Asked Questions

How have RSVR shares performed this year?

Reservoir Media's stock was trading at $7.13 on January 1st, 2024. Since then, RSVR shares have increased by 2.8% and is now trading at $7.33.
View the best growth stocks for 2024 here
.

How were Reservoir Media's earnings last quarter?

Reservoir Media, Inc. (NASDAQ:RSVR) released its quarterly earnings data on Wednesday, July, 31st. The company reported ($0.01) EPS for the quarter. The business earned $34.32 million during the quarter, compared to the consensus estimate of $34.42 million. Reservoir Media had a net margin of 0.01% and a trailing twelve-month return on equity of 0.96%.

Who are Reservoir Media's major shareholders?

Top institutional investors of Reservoir Media include Sanders Morris Harris LLC (1.18%), Dimensional Fund Advisors LP (0.36%), Renaissance Technologies LLC (0.11%) and Bank of New York Mellon Corp (0.09%). Insiders that own company stock include Hassan Khosrowshahi, Essex Equity Joint Investment, Stephen M Cook, Ezra S Field, James A Heindlmeyer, Richmond Hill Capital Partners, Golnar Khosrowshahi, Richmond Hill Investments, Llc and Ryan P Taylor.
View institutional ownership trends
.

How do I buy shares of Reservoir Media?

Shares of RSVR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:RSVR) was last updated on 9/7/2024 by MarketBeat.com Staff

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