Shares of RCI Hospitality Holdings, Inc. (NASDAQ:RICK) have been given a consensus broker rating score of 1.00 (Strong Buy) from the one brokers that cover the company, Zacks Investment Research reports. One analyst has rated the stock with a strong buy rating.

Analysts have set a 1-year consensus price objective of $27.38 for the company and are expecting that the company will post $0.37 earnings per share for the current quarter, according to Zacks. Zacks has also given RCI Hospitality an industry rank of 164 out of 265 based on the ratings given to its competitors.

A number of equities analysts recently issued reports on RICK shares. Zacks Investment Research upgraded RCI Hospitality from a “sell” rating to a “hold” rating and set a $30.00 target price on the stock in a report on Wednesday, October 11th. ValuEngine cut RCI Hospitality from a “buy” rating to a “hold” rating in a report on Friday, December 1st. Finally, Westpark Capital set a $30.00 target price on RCI Hospitality and gave the stock a “buy” rating in a report on Thursday, August 10th.

Several hedge funds and other institutional investors have recently modified their holdings of RICK. Nordea Investment Management AB grew its holdings in shares of RCI Hospitality by 11.8% during the second 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. ClariVest Asset Management LLC grew its holdings in shares of RCI Hospitality by 3.9% during the second 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. Sei Investments Co. grew its holdings in shares of RCI Hospitality by 38.4% during the third quarter. Sei Investments Co. now owns 11,284 shares of the restaurant operator’s stock valued at $279,000 after buying an additional 3,131 shares in the last quarter. Bessemer Group Inc. grew its holdings in shares of RCI Hospitality by 74.0% during the third quarter. Bessemer Group Inc. now owns 8,700 shares of the restaurant operator’s stock valued at $215,000 after buying an additional 3,700 shares in the last quarter. Finally, Russell Investments Group Ltd. grew its holdings in shares of RCI Hospitality by 15.6% during the second quarter. Russell Investments Group Ltd. now owns 35,594 shares of the restaurant operator’s stock valued at $849,000 after buying an additional 4,806 shares in the last quarter. Institutional investors and hedge funds own 48.73% of the company’s stock.

Shares of RCI Hospitality (NASDAQ RICK) traded down $0.13 during midday trading on Wednesday, hitting $31.14. The company had a trading volume of 76,200 shares, compared to its average volume of 69,345. The company has a quick ratio of 0.88, a current ratio of 0.96 and a debt-to-equity ratio of 0.79. The firm has a market cap of $303.91, a PE ratio of 20.85 and a beta of 0.33. RCI Hospitality has a twelve month low of $13.29 and a twelve month high of $33.78.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 26th. Investors of record on Monday, December 11th will be issued a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.39%. The ex-dividend date is Friday, December 8th. RCI Hospitality’s payout ratio is 10.62%.

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About RCI Hospitality

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