RCI Hospitality (RICK) Projected to Post Earnings on Thursday

RCI Hospitality (NASDAQ:RICK) is anticipated to announce its earnings results before the market opens on Thursday, February 13th. Analysts expect the company to announce earnings of $0.52 per share and revenue of $71.12 million for the quarter.

RCI Hospitality Trading Down 0.7 %

Shares of RCI Hospitality stock opened at $53.90 on Thursday. The company has a debt-to-equity ratio of 0.83, a current ratio of 0.98 and a quick ratio of 0.89. The business has a fifty day simple moving average of $54.78 and a two-hundred day simple moving average of $48.78. RCI Hospitality has a 1 year low of $37.61 and a 1 year high of $61.66. The company has a market capitalization of $479.71 million, a price-to-earnings ratio of 168.44 and a beta of 1.55.

RCI Hospitality Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Monday, December 16th were paid a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a dividend yield of 0.52%. The ex-dividend date of this dividend was Monday, December 16th. RCI Hospitality’s dividend payout ratio is presently 87.50%.

Analyst Ratings Changes

RICK has been the topic of a number of research reports. HC Wainwright reiterated a “buy” rating and issued a $98.00 price target on shares of RCI Hospitality in a research note on Monday, January 27th. StockNews.com downgraded RCI Hospitality from a “buy” rating to a “hold” rating in a research report on Tuesday, December 17th.

RCI Hospitality Company Profile

RCI Hospitality Holdings, Inc, through its subsidiaries, engages in the hospitality and related businesses in the United States. It operates in Nightclubs, Bombshells, and Media Group segments. The company’s wholly-owned subsidiaries own and/or operates upscale adult nightclubs serving primarily businessmen and professionals under the Rick's Cabaret, Jaguars Club, Tootsie's Cabaret, XTC Cabaret, Club Onyx, Hoops Cabaret and Sports Bar, Scarlett's Cabaret, Temptations Adult Cabaret, Foxy's Cabaret, Vivid Cabaret, Downtown Cabaret, Cabaret East, The Seville, Silver City Cabaret, and Kappa Men's Club.