Full House Resorts (NASDAQ:FLL) Coverage Initiated at B. Riley

Investment analysts at B. Riley began coverage on shares of Full House Resorts (NASDAQ:FLL) in a note issued to investors on Friday, StockNewsAPI reports. The firm set a “buy” rating and a $9.00 price target on the stock. B. Riley’s price target points to a potential upside of 67.29% from the stock’s previous close. B. Riley also issued estimates for Full House Resorts’ Q1 2025 earnings at $0.00 EPS, Q2 2025 earnings at $0.04 EPS, Q3 2025 earnings at $0.07 EPS, Q4 2025 earnings at $0.00 EPS and FY2025 earnings at $0.11 EPS.

A number of other research firms also recently issued reports on FLL. Macquarie downgraded shares of Full House Resorts from an “outperform” rating to a “neutral” rating and cut their target price for the company from $8.00 to $6.00 in a research report on Wednesday, January 17th. JMP Securities cut their target price on shares of Full House Resorts from $7.00 to $6.00 and set a “market outperform” rating on the stock in a research report on Wednesday, March 6th.

Full House Resorts Stock Up 3.5 %

Shares of NASDAQ FLL opened at $5.38 on Friday. The firm’s 50-day simple moving average is $5.11 and its 200 day simple moving average is $4.92. The company has a market cap of $186.09 million, a price-to-earnings ratio of -7.47 and a beta of 1.98. The company has a quick ratio of 1.05, a current ratio of 1.08 and a debt-to-equity ratio of 6.01. Full House Resorts has a 12-month low of $3.40 and a 12-month high of $8.10.

Full House Resorts (NASDAQ:FLL) last issued its quarterly earnings results on Tuesday, March 5th. The company reported ($0.36) earnings per share (EPS) for the quarter. The company had revenue of $60.03 million for the quarter. Full House Resorts had a negative return on equity of 29.22% and a negative net margin of 10.33%.

Institutional Trading of Full House Resorts

A number of hedge funds have recently modified their holdings of FLL. SG Americas Securities LLC acquired a new stake in shares of Full House Resorts in the 4th quarter valued at approximately $78,000. Bard Associates Inc. raised its position in shares of Full House Resorts by 6.2% in the 4th quarter. Bard Associates Inc. now owns 36,075 shares of the company’s stock valued at $194,000 after acquiring an additional 2,100 shares during the period. Aristides Capital LLC increased its stake in Full House Resorts by 133.3% during the 4th quarter. Aristides Capital LLC now owns 69,498 shares of the company’s stock worth $373,000 after purchasing an additional 39,706 shares in the last quarter. Gamco Investors INC. ET AL increased its stake in Full House Resorts by 15.1% during the 3rd quarter. Gamco Investors INC. ET AL now owns 543,900 shares of the company’s stock worth $2,322,000 after purchasing an additional 71,400 shares in the last quarter. Finally, Gabelli Funds LLC increased its stake in Full House Resorts by 1.0% during the 3rd quarter. Gabelli Funds LLC now owns 596,000 shares of the company’s stock worth $2,545,000 after purchasing an additional 6,000 shares in the last quarter. 37.68% of the stock is currently owned by institutional investors and hedge funds.

About Full House Resorts

Full House Resorts, Inc owns, leases, operates, develops, manages, and invests in casinos, and related hospitality and entertainment facilities in the United States. It operates through Midwest & South, West, and Contracted Sports Wagering segments. The company's properties include American Place in Waukegan, Illinois; Silver Slipper Casino and Hotel in Hancock County, Mississippi; Rising Star Casino Resort in Rising Sun, Indiana; Bronco Billy's Casino and Chamonix Casino Hotel in Cripple Creek, Colorado; Stockman's Casino in Fallon, Nevada; and Grand Lodge Casino, located within the Hyatt Regency Lake Tahoe Resort, Spa and Casino in Incline Village, Nevada.