Rush Street Interactive (RSI) to Release Earnings on Wednesday

Rush Street Interactive (NYSE:RSI - Get Free Report) will likely be releasing its Q1 2025 earnings data after the market closes on Wednesday, April 30th. Analysts expect Rush Street Interactive to post earnings of $0.08 per share and revenue of $258.90 million for the quarter.

Rush Street Interactive Stock Up 2.1 %

Shares of RSI stock opened at $11.57 on Wednesday. Rush Street Interactive has a 12 month low of $5.71 and a 12 month high of $16.78. The company's fifty day simple moving average is $11.72 and its 200-day simple moving average is $12.61. The firm has a market cap of $2.64 billion, a PE ratio of -578.50 and a beta of 1.90.

Insider Activity at Rush Street Interactive

In related news, CEO Richard Todd Schwartz sold 133,905 shares of the company's stock in a transaction dated Monday, February 10th. The shares were sold at an average price of $14.22, for a total value of $1,904,129.10. Following the transaction, the chief executive officer now owns 2,251,943 shares in the company, valued at approximately $32,022,629.46. This represents a 5.61 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Einar Roosileht sold 70,000 shares of the firm's stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $14.41, for a total transaction of $1,008,700.00. Following the sale, the insider now owns 946,150 shares of the company's stock, valued at $13,634,021.50. This trade represents a 6.89 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 746,281 shares of company stock worth $8,811,577. Company insiders own 56.89% of the company's stock.

Analyst Upgrades and Downgrades

RSI has been the topic of several analyst reports. Macquarie reissued an "outperform" rating and set a $16.00 price target on shares of Rush Street Interactive in a research report on Thursday, February 27th. Benchmark increased their price target on Rush Street Interactive from $12.00 to $14.00 and gave the company a "buy" rating in a research report on Friday, February 28th. Jefferies Financial Group boosted their price target on Rush Street Interactive from $16.00 to $17.00 and gave the stock a "buy" rating in a research report on Wednesday, January 15th. Susquehanna raised shares of Rush Street Interactive from a "hold" rating to a "strong-buy" rating in a research note on Friday, February 28th. Finally, Needham & Company LLC reaffirmed a "buy" rating and set a $17.00 price target on shares of Rush Street Interactive in a research report on Thursday, February 27th. One equities research analyst has rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, Rush Street Interactive presently has a consensus rating of "Buy" and a consensus price target of $15.50.

Rush Street Interactive Company Profile

Rush Street Interactive, Inc operates as an online casino and sports betting company in the United States, Canada, Mexico, and rest of Latin America. It provides real-money online casino, online and retail sports betting, and social gaming services. In addition, the company offers full suite of games comprising of bricks-and-mortar casinos, table games, and slot machines.

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