Wall Street analysts expect RCI Hospitality Holdings, Inc. (NASDAQ:RICK) to report earnings per share of $0.37 for the current quarter, Zacks Investment Research reports. Two analysts have made 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 indicates a positive year over year growth rate of 19.4%. The business is scheduled to issue its next earnings results on Tuesday, December 12th.

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

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

RICK has been the subject of several research reports. Zacks Investment Research raised RCI Hospitality Holdings from a “hold” rating to a “strong-buy” rating and set a $24.00 target price for the company in a research report on Thursday, May 25th. Westpark Capital reissued a “buy” rating and issued a $30.00 target price (up previously from $29.00) on shares of RCI Hospitality Holdings in a research report on Thursday, June 8th.

Shares of RCI Hospitality Holdings (NASDAQ RICK) traded down 1.58% on Friday, hitting $23.60. The company had a trading volume of 51,137 shares. RCI Hospitality Holdings has a 52 week low of $10.75 and a 52 week high of $26.85. The firm’s 50 day moving average price is $23.71 and its 200-day moving average price is $20.41. The stock has a market capitalization of $229.34 million, a PE ratio of 21.34 and a beta of 0.28.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 25th. Investors of record on Monday, September 11th will be given a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a yield of 0.51%. The ex-dividend date of this dividend is Friday, September 8th. RCI Hospitality Holdings’s dividend payout ratio (DPR) is presently 10.62%.

A number of hedge funds have recently bought and sold shares of the stock. Campbell & CO Investment Adviser LLC increased its position in RCI Hospitality Holdings by 2.2% during the 2nd quarter. Campbell & CO Investment Adviser LLC now owns 10,298 shares of the restaurant operator’s stock valued at $246,000 after buying an additional 219 shares in the last quarter. Spark Investment Management LLC increased its position in RCI Hospitality Holdings by 1.2% during the 1st quarter. Spark Investment Management LLC now owns 24,800 shares of the restaurant operator’s stock valued at $429,000 after buying an additional 300 shares in the last quarter. Janney Montgomery Scott LLC increased its position in RCI Hospitality Holdings by 0.7% during the 2nd quarter. Janney Montgomery Scott LLC now owns 97,208 shares of the restaurant operator’s stock valued at $2,317,000 after buying an additional 700 shares in the last quarter. ClariVest Asset Management LLC increased its position in RCI Hospitality Holdings by 3.9% during the 2nd quarter. ClariVest Asset Management LLC now owns 26,418 shares of the restaurant operator’s stock valued at $629,000 after buying an additional 1,000 shares in the last quarter. Finally, Nordea Investment Management AB increased its position in RCI Hospitality Holdings by 11.8% during the 2nd quarter. Nordea Investment Management AB now owns 9,500 shares of the restaurant operator’s stock valued at $226,000 after buying an additional 1,000 shares in the last quarter. 48.47% of the stock is owned by institutional investors.

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