Analysts expect RCI Hospitality Holdings, Inc. (NASDAQ:RICK) to report earnings per share of $0.37 for the current fiscal quarter, Zacks reports. Two analysts have provided estimates for RCI Hospitality Holdings’ earnings. The highest EPS estimate is $0.40 and the lowest is $0.34. RCI Hospitality Holdings reported earnings of $0.31 per share in the same quarter last year, which would indicate a positive year over year growth rate of 19.4%. The business is expected to announce its next earnings results on Tuesday, December 12th.

According to Zacks, analysts expect that RCI Hospitality Holdings will report full year earnings of $1.49 per share for the current financial year, with EPS estimates ranging from $1.41 to $1.56. For the next financial year, analysts forecast that the firm will report earnings of $1.91 per share, with EPS estimates ranging from $1.88 to $1.94. Zacks’ earnings per share calculations are a mean average based on a survey of research firms that that provide coverage for RCI Hospitality Holdings.

RCI Hospitality Holdings (NASDAQ:RICK) last issued its earnings results on Wednesday, August 9th. The restaurant operator reported $0.47 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.43 by $0.04. The business had revenue of $37.43 million during the quarter, compared to analysts’ expectations of $37.64 million. RCI Hospitality Holdings had a return on equity of 10.75% and a net margin of 7.84%. During the same quarter last year, the firm posted $0.34 earnings per share.

A number of research analysts recently issued reports on RICK shares. Zacks Investment Research raised shares of RCI Hospitality Holdings from a “hold” rating to a “strong-buy” rating and set a $24.00 price objective on the stock in a research note on Thursday, May 25th. Westpark Capital reissued a “buy” rating and issued a $30.00 price objective (up from $29.00) on shares of RCI Hospitality Holdings in a research note on Thursday, June 8th.

Shares of RCI Hospitality Holdings (NASDAQ RICK) opened at 24.08 on Monday. The firm has a market cap of $234.01 million, a PE ratio of 21.77 and a beta of 0.25. RCI Hospitality Holdings has a 12 month low of $10.58 and a 12 month high of $26.85. The stock has a 50 day moving average price of $23.60 and a 200 day moving average price of $19.82.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 25th. Investors of record on Monday, September 11th will be paid a $0.03 dividend. The ex-dividend date is Friday, September 8th. This represents a $0.12 dividend on an annualized basis and a yield of 0.50%. RCI Hospitality Holdings’s dividend payout ratio (DPR) is 10.62%.

A number of hedge funds and other institutional investors have recently made changes to their positions in RICK. Acadian Asset Management LLC boosted its position in shares of RCI Hospitality Holdings by 2.6% in the first quarter. Acadian Asset Management LLC now owns 244,610 shares of the restaurant operator’s stock worth $4,233,000 after buying an additional 6,199 shares during the period. Janney Montgomery Scott LLC raised its stake in shares of RCI Hospitality Holdings by 2.2% in the first quarter. Janney Montgomery Scott LLC now owns 96,508 shares of the restaurant operator’s stock worth $1,672,000 after buying an additional 2,065 shares in the last quarter. Russell Investments Group Ltd. raised its stake in shares of RCI Hospitality Holdings by 46.4% in the first quarter. Russell Investments Group Ltd. now owns 30,788 shares of the restaurant operator’s stock worth $533,000 after buying an additional 9,753 shares in the last quarter. Campbell & CO Investment Adviser LLC bought a new stake in shares of RCI Hospitality Holdings during the first quarter worth $175,000. Finally, Alambic Investment Management L.P. raised its stake in shares of RCI Hospitality Holdings by 2.9% in the first quarter. Alambic Investment Management L.P. now owns 63,693 shares of the restaurant operator’s stock worth $1,103,000 after buying an additional 1,800 shares in the last quarter. 40.42% of the stock is currently owned by institutional investors and hedge funds.

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