RCI Hospitality (NASDAQ:RICK) Releases Earnings Results, Misses Expectations By $0.34 EPS

RCI Hospitality (NASDAQ:RICK) posted its quarterly earnings data on Monday. The restaurant operator reported $0.03 EPS for the quarter, missing the consensus estimate of $0.37 by ($0.34), Zacks reports. RCI Hospitality had a return on equity of 1.76% and a net margin of 1.67%.

RCI Hospitality Trading Up 0.1 %

NASDAQ RICK traded up $0.04 during trading hours on Monday, hitting $52.13. 192,836 shares of the company were exchanged, compared to its average volume of 77,614. The stock has a market cap of $469.17 million, a PE ratio of 100.18 and a beta of 1.60. RCI Hospitality has a 52 week low of $37.61 and a 52 week high of $68.26. The stock has a 50-day moving average price of $47.64 and a 200 day moving average price of $45.60. The company has a quick ratio of 0.82, a current ratio of 0.90 and a debt-to-equity ratio of 0.80.

RCI Hospitality Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 30th. Stockholders of record on Monday, December 16th will be issued a $0.07 dividend. The ex-dividend date of this dividend is Monday, December 16th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 0.54%. RCI Hospitality’s dividend payout ratio (DPR) is presently 53.85%.

Wall Street Analysts Forecast Growth

RICK has been the subject of a number of analyst reports. StockNews.com upgraded RCI Hospitality from a “hold” rating to a “buy” rating in a research report on Monday, October 7th. HC Wainwright restated a “buy” rating and set a $98.00 target price on shares of RCI Hospitality in a research note on Wednesday, November 6th.

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.