RCI Hospitality (NASDAQ:RICK - Get Free Report) posted its earnings results on Thursday. The restaurant operator reported $1.01 earnings per share for the quarter, beating the consensus estimate of $0.52 by $0.49, Zacks reports. RCI Hospitality had a net margin of 1.02% and a return on equity of 1.09%.
RCI Hospitality Price Performance
Shares of NASDAQ:RICK traded up $0.67 on Thursday, reaching $51.08. The company's stock had a trading volume of 55,575 shares, compared to its average volume of 72,516. RCI Hospitality has a 52-week low of $37.61 and a 52-week high of $61.66. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.89 and a current ratio of 0.98. The company has a 50-day simple moving average of $54.84 and a 200 day simple moving average of $48.94. The company has a market cap of $454.61 million, a P/E ratio of 159.63 and a beta of 1.55.
RCI Hospitality Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Monday, December 16th were paid a $0.07 dividend. The ex-dividend date was Monday, December 16th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 0.55%. RCI Hospitality's payout ratio is currently 87.50%.
Analyst Upgrades and Downgrades
Several research firms recently weighed in on RICK. StockNews.com raised shares of RCI Hospitality from a "hold" rating to a "buy" rating in a research note on Wednesday. HC Wainwright reissued a "buy" rating and issued a $98.00 price objective on shares of RCI Hospitality in a research note on Wednesday.
Check Out Our Latest Report on RICK
RCI Hospitality Company Profile
(
Get Free Report)
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.
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