Brokerages predict that RCI Hospitality Holdings, Inc. (NASDAQ:RICK) will post $0.37 earnings per share (EPS) for the current quarter, according to Zacks Investment Research. Two analysts have issued estimates for RCI Hospitality Holdings’ earnings. The lowest EPS estimate is $0.34 and the highest is $0.40. RCI Hospitality Holdings reported earnings per share of $0.31 during the same quarter last year, which would suggest a positive year-over-year growth rate of 19.4%. The business is scheduled to announce its next quarterly earnings results on Tuesday, December 12th.

On average, analysts expect that RCI Hospitality Holdings will report full-year earnings of $1.49 per share for the current financial year, with EPS estimates ranging from $1.42 to $1.56. For the next year, analysts expect that the business will report earnings of $1.91 per share, with EPS estimates ranging from $1.88 to $1.94. Zacks’ EPS averages are a mean average based on a survey of sell-side research firms that follow RCI Hospitality Holdings.

RCI Hospitality Holdings (NASDAQ:RICK) last issued its quarterly earnings data on Wednesday, August 9th. The restaurant operator reported $0.47 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.43 by $0.04. RCI Hospitality Holdings had a net margin of 7.84% and a return on equity of 10.75%. The company had revenue of $37.43 million during the quarter, compared to the consensus estimate of $37.64 million. During the same quarter in the prior year, the firm earned $0.34 earnings per share.

A number of research analysts recently issued reports on RICK shares. Zacks Investment Research downgraded shares of RCI Hospitality Holdings from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 12th. Westpark Capital set a $30.00 target price on shares of RCI Hospitality Holdings and gave the company a “buy” rating in a research report on Thursday, August 10th.

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Several institutional investors have recently added to or reduced their stakes in the stock. Campbell & CO Investment Adviser LLC lifted its position in shares of RCI Hospitality Holdings by 2.2% during the 2nd quarter. Campbell & CO Investment Adviser LLC now owns 10,298 shares of the restaurant operator’s stock valued at $246,000 after acquiring an additional 219 shares during the period. Janney Montgomery Scott LLC increased its stake in RCI Hospitality Holdings by 0.7% during the 2nd quarter. Janney Montgomery Scott LLC now owns 97,208 shares of the restaurant operator’s stock valued at $2,317,000 after purchasing an additional 700 shares in the last quarter. ClariVest Asset Management LLC increased its stake in RCI Hospitality Holdings by 3.9% during the 2nd quarter. ClariVest Asset Management LLC now owns 26,418 shares of the restaurant operator’s stock valued at $629,000 after purchasing an additional 1,000 shares in the last quarter. Nordea Investment Management AB increased its stake in RCI Hospitality Holdings by 11.8% during the 2nd quarter. Nordea Investment Management AB now owns 9,500 shares of the restaurant operator’s stock valued at $226,000 after purchasing an additional 1,000 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its stake in RCI Hospitality Holdings by 5.0% during the 1st quarter. JPMorgan Chase & Co. now owns 40,862 shares of the restaurant operator’s stock valued at $708,000 after purchasing an additional 1,957 shares in the last quarter. Institutional investors own 48.47% of the company’s stock.

Shares of RCI Hospitality Holdings (RICK) opened at 27.64 on Monday. The stock’s 50 day moving average is $24.64 and its 200 day moving average is $21.98. RCI Hospitality Holdings has a 12 month low of $10.92 and a 12 month high of $27.75. The company has a market cap of $268.61 million, a P/E ratio of 24.99 and a beta of 0.26.

The business also recently announced a quarterly dividend, which was paid on Monday, September 25th. Investors of record on Monday, September 11th were given a dividend of $0.03 per share. The ex-dividend date was Friday, September 8th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.43%. RCI Hospitality Holdings’s payout ratio is presently 10.62%.

About RCI Hospitality Holdings

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