RCI Hospitality Holdings Inc. (NASDAQ:RICK) has earned a consensus broker rating score of 0.00 () from the zero analysts that provide coverage for the company, Zacks Investment Research reports.
Zacks has also given RCI Hospitality Holdings an industry rank of 184 out of 265 based on the ratings given to related companies.
Separately, Zacks Investment Research lowered RCI Hospitality Holdings from a “buy” rating to a “hold” rating in a research note on Wednesday, July 13th.
A number of hedge funds have recently made changes to their positions in the stock. BlackRock Fund Advisors boosted its stake in shares of RCI Hospitality Holdings by 2.0% in the first quarter. BlackRock Fund Advisors now owns 29,792 shares of the company’s stock worth $264,000 after buying an additional 595 shares during the period. BlackRock Institutional Trust Company N.A. boosted its stake in shares of RCI Hospitality Holdings by 34.5% in the first quarter. BlackRock Institutional Trust Company N.A. now owns 28,233 shares of the company’s stock worth $250,000 after buying an additional 7,246 shares during the period. Geode Capital Management LLC boosted its stake in shares of RCI Hospitality Holdings by 6.1% in the first quarter. Geode Capital Management LLC now owns 38,902 shares of the company’s stock worth $344,000 after buying an additional 2,233 shares during the period. Scott & Selber Inc. bought a new stake in shares of RCI Hospitality Holdings during the second quarter worth $204,000. Finally, Bank of New York Mellon Corp boosted its stake in shares of RCI Hospitality Holdings by 1.3% in the second quarter. Bank of New York Mellon Corp now owns 33,052 shares of the company’s stock worth $337,000 after buying an additional 419 shares during the period. Hedge funds and other institutional investors own 30.76% of the company’s stock.
RCI Hospitality Holdings (NASDAQ:RICK) opened at 11.56 on Friday. The firm has a 50-day moving average of $11.08 and a 200-day moving average of $10.40. The firm has a market cap of $113.67 million, a P/E ratio of 10.72 and a beta of 0.75. RCI Hospitality Holdings has a 12-month low of $7.50 and a 12-month high of $11.60.
The business also recently declared a quarterly dividend, which was paid on Monday, September 26th. Shareholders of record on Friday, September 9th were given a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a yield of 1.04%. The ex-dividend date was Wednesday, September 7th. RCI Hospitality Holdings’s dividend payout ratio (DPR) is 10.91%.
About RCI Hospitality Holdings
Rick’s Cabaret International, Inc (Rick’s) through its subsidiaries, owns and operates nightclubs that offer live adult entertainment, restaurant and bar operations. The Company has 19 adult nightclubs, out of which six of its clubs operate under the name Rick’s Cabaret; four operate under the name Club Onyx; five operate under the name tic Cabaret; one club operates as Tootsie’s Cabaret and one operates as Cabaret North.
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