RCI Hospitality (RICK) Projected to Post Earnings on Thursday

RCI Hospitality (NASDAQ:RICK) is projected to announce 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 Price Performance

RICK stock opened at $53.90 on Thursday. 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 company’s fifty day simple moving average is $54.78 and its 200 day simple moving average is $48.78. 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 $479.71 million, a price-to-earnings ratio of 168.44 and a beta of 1.55.

RCI Hospitality Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Monday, December 16th were issued a $0.07 dividend. The ex-dividend date was Monday, December 16th. This represents a $0.28 dividend on an annualized basis and a yield of 0.52%. RCI Hospitality’s payout ratio is currently 87.50%.

Analysts Set New Price Targets

Several analysts have recently weighed in on the stock. HC Wainwright reiterated a “buy” rating and issued a $98.00 price objective on shares of RCI Hospitality in a research note on Monday, January 27th. StockNews.com cut shares of RCI Hospitality from a “buy” rating to a “hold” rating in a report on Tuesday, December 17th.

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.