Equities analysts predict that RCI Hospitality Holdings Inc (NASDAQ:RICK) will report earnings of $0.47 per share for the current fiscal quarter, according to Zacks Investment Research. Zero analysts have made estimates for RCI Hospitality’s earnings, with estimates ranging from $0.45 to $0.48. RCI Hospitality reported earnings per share of $0.36 during the same quarter last year, which would suggest a positive year-over-year growth rate of 30.6%. The company is scheduled to issue its next earnings report on Wednesday, February 13th.

According to Zacks, analysts expect that RCI Hospitality will report full year earnings of $2.24 per share for the current fiscal year. For the next fiscal year, analysts forecast that the business will post earnings of $2.46 per share, with EPS estimates ranging from $2.42 to $2.50. Zacks’ EPS calculations are an average based on a survey of sell-side analysts that follow RCI Hospitality.

RCI Hospitality (NASDAQ:RICK) last posted its quarterly earnings results on Thursday, August 9th. The restaurant operator reported $0.58 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.53 by $0.05. RCI Hospitality had a return on equity of 13.85% and a net margin of 13.48%. The firm had revenue of $42.63 million during the quarter, compared to analysts’ expectations of $40.97 million.

Several research analysts have recently weighed in on the company. ValuEngine cut RCI Hospitality from a “buy” rating to a “hold” rating in a research note on Tuesday, June 26th. Zacks Investment Research cut RCI Hospitality from a “buy” rating to a “hold” rating in a research note on Tuesday. Westpark Capital set a $34.00 price target on RCI Hospitality and gave the stock a “buy” rating in a research note on Wednesday. Finally, BidaskClub upgraded RCI Hospitality from a “strong sell” rating to a “sell” rating in a research note on Tuesday, October 9th. One analyst has rated the stock with a sell rating, two have issued a hold rating and one has issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $36.00.

Hedge funds have recently bought and sold shares of the company. Cadence Capital Management LLC purchased a new position in shares of RCI Hospitality in the second quarter worth $1,953,000. Connor Clark & Lunn Investment Management Ltd. grew its holdings in shares of RCI Hospitality by 35.4% in the second quarter. Connor Clark & Lunn Investment Management Ltd. now owns 19,500 shares of the restaurant operator’s stock worth $617,000 after acquiring an additional 5,100 shares during the period. Martingale Asset Management L P grew its holdings in shares of RCI Hospitality by 32.7% in the second quarter. Martingale Asset Management L P now owns 32,904 shares of the restaurant operator’s stock worth $1,042,000 after acquiring an additional 8,100 shares during the period. Renaissance Technologies LLC grew its holdings in shares of RCI Hospitality by 3.4% in the second quarter. Renaissance Technologies LLC now owns 679,196 shares of the restaurant operator’s stock worth $21,497,000 after acquiring an additional 22,486 shares during the period. Finally, Strs Ohio grew its holdings in shares of RCI Hospitality by 7.5% in the second quarter. Strs Ohio now owns 24,300 shares of the restaurant operator’s stock worth $769,000 after acquiring an additional 1,700 shares during the period. Hedge funds and other institutional investors own 49.31% of the company’s stock.

RICK stock opened at $27.42 on Tuesday. RCI Hospitality has a 1-year low of $26.22 and a 1-year high of $34.84. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.24 and a quick ratio of 1.14. The firm has a market capitalization of $270.45 million, a PE ratio of 19.17 and a beta of 0.71.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 25th. Stockholders of record on Monday, September 10th were paid a $0.03 dividend. This represents a $0.12 annualized dividend and a dividend yield of 0.44%. The ex-dividend date of this dividend was Friday, September 7th. RCI Hospitality’s dividend payout ratio is currently 8.39%.

RCI Hospitality Company Profile

RCI Hospitality Holdings, Inc, through its subsidiaries, engages in the hospitality and related businesses in the United States. It operates in two segments, Nightclubs and Bombshells. The company owns 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, Foxy's Cabaret, Vivid Cabaret, Downtown Cabaret, Temptations Adult Cabaret, Scarlett's Cabaret, Silver City Cabaret, Cabaret East, and The Seville brands.

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