Reservoir Media, Inc. (RSVR)

Market Cap	515.34M
Revenue (ttm)	140.52M
Net Income (ttm)	182,516
Shares Out	64.82M
EPS (ttm)	0.01
PE Ratio	795.00
Forward PE	141.71
Dividend	n/a
Ex-Dividend Date	n/a

Volume	66,872
Open	7.68
Previous Close	7.60
Day's Range	7.68 - 8.01
52-Week Range	5.19 - 8.39
Beta	1.07
Analysts	Strong Buy
Price Target	13.00 (+63.52%)
Earnings Date	May 29, 2024

About RSVR

Reservoir Media, Inc. operates as a music publishing company. It operates through two segments, Music Publishing and Recorded Music. The Music Publishing segment acquires interests in music catalogs, as well as signs songwriters. The Recorded Music segment engages in the acquisition of sound recording catalogs; discovery and development of recording artists; and marketing, distribution, sale, and licensing of the music catalogs. The company was founded in 2007 and is headquartered in New York, New York.

• Industry: Entertainment
• Sector: Communication Services
• Founded: 2007
• Employees: 92
• Stock Exchange: NASDAQ
• Ticker Symbol: RSVR

Financial Performance

In 2022, RSVR's revenue was $122.29 million, an increase of 13.40% compared to the previous year's $107.84 million. Earnings were $2.54 million, a decrease of -80.58%.

Analyst Forecast

According to one analyst, the rating for RSVR stock is "Strong Buy" and the 12-month stock price forecast is $13.0.

Price Target

$13.0

(63.52% upside)

Analyst Consensus: Strong Buy