Rush Street Interactive, Inc. (NYSE:RSI) Receives Average Recommendation of “Moderate Buy” from Analysts

Rush Street Interactive, Inc. (NYSE:RSI) has been assigned an average recommendation of “Moderate Buy” from the fourteen analysts that are currently covering the stock, MarketBeat reports. Three analysts have rated the stock with a hold recommendation, ten have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is $23.2222.

A number of equities analysts have recently issued reports on RSI shares. Citigroup upgraded shares of Rush Street Interactive to an “outperform” rating in a research note on Wednesday, February 18th. Benchmark reissued a “buy” rating on shares of Rush Street Interactive in a research note on Wednesday, February 18th. Jefferies Financial Group reissued a “buy” rating and issued a $29.00 price target on shares of Rush Street Interactive in a research report on Sunday, January 25th. Citizens Jmp upgraded shares of Rush Street Interactive from a “market perform” rating to an “outperform” rating and set a $24.00 price target for the company in a research note on Wednesday, February 18th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Rush Street Interactive in a report on Monday, December 29th.

Rush Street Interactive Trading Down 1.8%

RSI opened at $21.53 on Friday. The stock’s 50 day simple moving average is $18.97 and its 200-day simple moving average is $19.06. The stock has a market cap of $5.00 billion, a PE ratio of 76.88 and a beta of 1.54. Rush Street Interactive has a 1 year low of $9.66 and a 1 year high of $22.65.

Rush Street Interactive (NYSE:RSI) last issued its earnings results on Tuesday, February 17th. The company reported $0.08 EPS for the quarter, missing the consensus estimate of $0.10 by ($0.02). Rush Street Interactive had a return on equity of 17.95% and a net margin of 2.94%.The firm had revenue of $324.89 million during the quarter, compared to the consensus estimate of $305.08 million. During the same period last year, the business earned $0.07 earnings per share. The firm’s revenue for the quarter was up 27.8% compared to the same quarter last year. Equities analysts forecast that Rush Street Interactive will post 0.04 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Director Daniel W. Yih sold 50,000 shares of the business’s stock in a transaction on Monday, March 9th. The stock was sold at an average price of $20.14, for a total value of $1,007,000.00. Following the sale, the director owned 131,678 shares of the company’s stock, valued at $2,651,994.92. The trade was a 27.52% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Kyle Sauers sold 160,067 shares of the company’s stock in a transaction on Thursday, January 8th. The shares were sold at an average price of $19.07, for a total value of $3,052,477.69. Following the completion of the sale, the chief financial officer owned 663,306 shares in the company, valued at $12,649,245.42. This trade represents a 19.44% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 1,407,743 shares of company stock worth $26,371,042 over the last 90 days. Corporate insiders own 56.94% of the company’s stock.

Institutional Investors Weigh In On Rush Street Interactive

Several large investors have recently made changes to their positions in the company. Man Group plc grew its holdings in shares of Rush Street Interactive by 0.7% in the 2nd quarter. Man Group plc now owns 89,535 shares of the company’s stock worth $1,334,000 after purchasing an additional 654 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in Rush Street Interactive by 4.0% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 19,422 shares of the company’s stock valued at $398,000 after buying an additional 752 shares in the last quarter. Cerity Partners LLC boosted its position in Rush Street Interactive by 4.6% in the fourth quarter. Cerity Partners LLC now owns 23,675 shares of the company’s stock valued at $460,000 after buying an additional 1,042 shares in the last quarter. New York State Teachers Retirement System grew its stake in Rush Street Interactive by 15.6% during the third quarter. New York State Teachers Retirement System now owns 8,022 shares of the company’s stock worth $164,000 after buying an additional 1,084 shares during the last quarter. Finally, Diversified Trust Co grew its stake in Rush Street Interactive by 5.8% during the third quarter. Diversified Trust Co now owns 27,049 shares of the company’s stock worth $554,000 after buying an additional 1,474 shares during the last quarter. Institutional investors own 24.78% of the company’s stock.

About Rush Street Interactive

Rush Street Interactive (NYSE: RSI) is a digital gaming and sports betting company that develops and operates online wagering platforms in regulated markets. As a subsidiary of Rush Street Gaming, the company specializes in delivering interactive casino games, live dealer experiences, and sports betting services through desktop and mobile applications. Its technology infrastructure is designed to support real-time wagering, secure transactions, and responsible gaming tools across multiple jurisdictions.

The company’s flagship brand, BetRivers, offers a range of casino titles—including slots, table games, and virtual sports—alongside a comprehensive sportsbook featuring pre-game and in-play betting markets.