RCI Hospitality (RICK) Projected to Post Quarterly Earnings on Thursday

RCI Hospitality (NASDAQ:RICK - Get Free Report) is expected to be announcing its earnings results before the market opens on Thursday, February 13th. Analysts expect the company to announce earnings of $0.52 per share and revenue of $71.12 million for the quarter.

RCI Hospitality Trading Down 1.3 %

NASDAQ RICK traded down $0.69 during trading hours on Thursday, hitting $53.21. The company's stock had a trading volume of 36,322 shares, compared to its average volume of 66,018. RCI Hospitality has a twelve month low of $37.61 and a twelve month high of $61.66. The firm has a market capitalization of $473.57 million, a P/E ratio of 166.29 and a beta of 1.55. The company has a quick ratio of 0.89, a current ratio of 0.98 and a debt-to-equity ratio of 0.83. The stock has a fifty day moving average of $54.78 and a 200 day moving average of $48.78.

RCI Hospitality Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Monday, December 16th were paid a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a dividend yield of 0.53%. The ex-dividend date of this dividend was Monday, December 16th. RCI Hospitality's dividend payout ratio (DPR) is currently 87.50%.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the company. StockNews.com cut RCI Hospitality from a "buy" rating to a "hold" rating in a research note on Tuesday, December 17th. HC Wainwright restated a "buy" rating and set a $98.00 target price on shares of RCI Hospitality in a research report on Monday, January 27th.

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.