RCI Hospitality Holdings, Inc. (RICK)
Market Cap | 437.72M |
Revenue (ttm) | 297.62M |
Net Income (ttm) | 4.96M |
Shares Out | 8.96M |
EPS (ttm) | 0.53 |
PE Ratio | 92.68 |
Forward PE | 14.81 |
Dividend | $0.28 (0.57%) |
Ex-Dividend Date | Sep 16, 2024 |
Volume | 36,118 |
Open | 48.72 |
Previous Close | 48.92 |
Day's Range | 47.97 - 48.88 |
52-Week Range | 37.61 - 69.40 |
Beta | 1.56 |
Analysts | Strong Buy |
Price Target | 98.00 (+100.49%) |
Earnings Date | Dec 12, 2024 |
About RICK
RCI Hospitality Holdings, Inc., through its subsidiaries, engages in the hospitality and related businesses in the United States. The company operates through Nightclubs, Bombshells, and Other segments. It 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, Scarlett’s Cabaret, Diamond Cabaret, Cheetah Gentlemen's Club, PT's Showclub, Playmates Club, Country Rock Cabaret, Temptations Adult Cab... [Read more]
Financial Performance
In 2023, RCI Hospitality Holdings's revenue was $293.79 million, an increase of 9.78% compared to the previous year's $267.62 million. Earnings were $29.25 million, a decrease of -36.48%.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for RICK stock is "Strong Buy" and the 12-month stock price forecast is $98.0.
News
Free Entree for Veterans at Bombshells in Texas on Nov. 11, 2024
HOUSTON , Nov. 8, 2024 /PRNewswire/ -- RCI Hospitality Holdings, Inc. (Nasdaq: RICK) announced Bombshells Restaurant & Bar locations in Houston, Dallas, Austin and San Antonio will provide a free entr...
RCI Announces Divestiture of Three Underperforming Bombshells
HOUSTON , Nov. 5, 2024 /PRNewswire/ -- As part of its aggressive actions to improve the performance of the Bombshells segment, RCI Hospitality Holdings, Inc. (Nasdaq: RICK) announced the decision to p...
RCI Hospitality: 3 Themes To Watch Into 2025
RCI Hospitality has been under pressure amid weak sales, pressuring margins. The company's latest update shows signs of a recovery in core nightclub same-store sales as a positive signal into 2025. Th...
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RCI Reports 4Q24 Club & Restaurant Sales and Share Buybacks
HOUSTON , Oct. 8, 2024 /PRNewswire/ -- RCI Hospitality Holdings, Inc. (Nasdaq: RICK) reported club and restaurant sales for the fiscal fourth quarter and year ended September 30, 2024. Sales do not in...
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RCI to Participate at H.C. Wainwright 26th Annual Investment Conference
HOUSTON , Sept. 9, 2024 /PRNewswire/ -- RCI Hospitality Holdings, Inc. (Nasdaq: RICK) announced it will be featured as a presenting company at the H.C.
RCI Increases Quarterly Cash Dividend by 16.7%
HOUSTON , Sept. 3, 2024 /PRNewswire/ -- RCI Hospitality Holdings, Inc. (Nasdaq: RICK) announced today that it has increased its quarterly cash dividend by 16.7%, to $0.07 per common share from $0.06, ...
RCI Wins Three Top Industry Awards, Including Scarlett's Cabaret Miami for Overall Club of the Year
HOUSTON , Aug. 28, 2024 /PRNewswire/ -- RCI Hospitality Holdings, Inc. (Nasdaq: RICK) announced two clubs and a club general manager won top awards at the Annual Gentlemen's Club EXPO last night in Da...
RCI Hospitality Q3: Signs Of Bombshells Segment Stabilization, Finally
RCI Hospitality Holdings, Inc. reported its Q3 financials, showing a return to SSS growth in Nightclubs and stabilization in Bombshells. Underlying profitability stayed quite good, with Nightclubs' lo...
RCI Reports 3Q24 Results; X Spaces Call at 4:30 PM ET Today
HOUSTON , Aug. 8, 2024 /PRNewswire/ -- RCI Hospitality Holdings, Inc. (Nasdaq: RICK) today reported results for the fiscal 2024 third quarter ended June 30, 2024. The company also filed its Form 10-Q ...
RCI to Host 3Q24 Conference Call on X Spaces Exclusively on Thursday, August 8
HOUSTON , Aug. 7, 2024 /PRNewswire/ -- RCI Hospitality Holdings, Inc. (Nasdaq: RICK) plans to file its 10-Q and report financial results for the fiscal 2024 third quarter ended June 30, 2024 after the...
Long Assets On Path To Creating Significant Value, Shorting Remains Very Challenging
In the first half of 2024, our long book performed strong relative to the Russell 2000, driven by our high-conviction positions. We are pleased with our relative performance and believe the Russell 20...
RCI Reports 3Q24 Club & Restaurant Sales & Other Updates
HOUSTON , July 11, 2024 /PRNewswire/ -- RCI Hospitality Holdings, Inc. (Nasdaq: RICK) reported club and restaurant sales for the fiscal third quarter ended June 30, 2024. Sales do not include non-core...
RCI Hospitality: Is It Time To Buy?
RCI Hospitality stock has dropped 30% due to falling same-store sales. The stock is now priced at under $44 per share, with a 12.22x multiple to annualized fiscal 2024 second-quarter EPS. RICK recorde...
RCI Hospitality: Short-Term Weakness, Mid-Term Opportunity (Rating Upgrade)
RCI Hospitality's short-term growth outlook has weakened with a continued bad Bombshells performance and weaker same-store sales in nightclubs. The company's continued aggressive location development ...
RCI Hospitality Shares Swing Wildly Following Raid Allegations From Short Report: What Investors Should Know - RCI Hospitality Hldgs (NASDAQ:RICK)
Shares of RCI Hospitality Holdings RICK fell on Thursday before rebounding Friday on above average volume. The increase in trading comes with allegations shared by Bear Cave Research's Edwin Dorsey.
RCI Announces 34th Consecutive Quarterly Cash Dividend
HOUSTON , May 29, 2024 /PRNewswire/ -- RCI Hospitality Holdings, Inc. (Nasdaq: RICK) announced today it has declared a quarterly cash dividend of $0.06 per common share for the fiscal 2024 third quart...
RCI Hospitality Holdings, Inc. (RICK) Q2 2024 Earnings Call Transcript
RCI Hospitality Holdings, Inc. (NASDAQ:RICK) Q2 2024 Results Conference Call May 9, 2024 4:30 PM ET Company Participants Mark Moran - Equity Animal Eric Langan - President and CEO Bradley Chhay - CFO...
RCI Reports 2Q24 Results; X Spaces Call at 4:30 PM ET Today; Meet Management at 7 PM ET Tonight
HOUSTON , May 9, 2024 /PRNewswire/ -- RCI Hospitality Holdings, Inc. (Nasdaq: RICK) today reported results for the fiscal 2024 second quarter ended March 31, 2024. The company also filed its Form 10-Q...
RCI to Host 2Q24 Conference Call on X Spaces & Meet Management in NYC on Thursday, May 9
HOUSTON , May 6, 2024 /PRNewswire/ -- RCI Hospitality Holdings, Inc. (Nasdaq: RICK) plans to file its 10-Q and report financial results for the fiscal 2024 second quarter ended March 31, 2024 after th...
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RCI Hospitality: Expanding Into New Markets
RCI Hospitality Holdings has a share price that is currently undervalued at $55.83 versus a price target of $64.80 a share when considering its normal business operations. The company's two new casino...