RCI Hospitality FY2025 EPS Forecast Lifted by HC Wainwright

RCI Hospitality Holdings Inc (NASDAQ:RICK) – Stock analysts at HC Wainwright raised their FY2025 earnings per share (EPS) estimates for shares of RCI Hospitality in a note issued to investors on Wednesday, February 12th. HC Wainwright analyst S. Buck now forecasts that the restaurant operator will post earnings per share of $4.55 for the year, up from their prior forecast of $3.98. HC Wainwright has a “Buy” rating and a $98.00 price objective on the stock. The consensus estimate for RCI Hospitality’s current full-year earnings is $3.98 per share.

Separately, StockNews.com raised shares of RCI Hospitality from a “hold” rating to a “buy” rating in a report on Wednesday, February 12th.

RCI Hospitality Stock Performance

RICK stock opened at $54.06 on Monday. The stock’s 50 day simple moving average is $54.88 and its 200 day simple moving average is $49.06. RCI Hospitality has a 12-month low of $37.61 and a 12-month high of $61.66. The firm has a market cap of $481.13 million, a P/E ratio of 168.94 and a beta of 1.55. The company has a current ratio of 0.98, a quick ratio of 0.89 and a debt-to-equity ratio of 0.83.

RCI Hospitality Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Monday, December 16th were issued a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a dividend yield of 0.52%. The ex-dividend date of this dividend was Monday, December 16th. RCI Hospitality’s dividend payout ratio (DPR) is presently 87.50%.

Institutional Trading of RCI Hospitality

A number of institutional investors and hedge funds have recently made changes to their positions in RICK. State Street Corp grew its position in shares of RCI Hospitality by 1.0% during the third quarter. State Street Corp now owns 196,913 shares of the restaurant operator’s stock worth $8,772,000 after acquiring an additional 2,023 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its position in RCI Hospitality by 1,839.9% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 155,525 shares of the restaurant operator’s stock worth $8,938,000 after purchasing an additional 147,508 shares during the last quarter. American Century Companies Inc. increased its stake in shares of RCI Hospitality by 63.7% in the fourth quarter. American Century Companies Inc. now owns 104,930 shares of the restaurant operator’s stock valued at $6,030,000 after purchasing an additional 40,822 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in shares of RCI Hospitality by 0.5% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 68,070 shares of the restaurant operator’s stock valued at $3,912,000 after buying an additional 363 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its position in shares of RCI Hospitality by 29.4% during the fourth quarter. Bank of New York Mellon Corp now owns 65,654 shares of the restaurant operator’s stock worth $3,773,000 after buying an additional 14,919 shares during the period. 53.82% of the stock is currently owned by institutional investors and hedge funds.

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.