NASDAQ:RSVR Reservoir Media (RSVR) Stock Price, News & Analysis → A lot of people are making this costly mistake (From WealthPress) (Ad) Free RSVR Stock Alerts $7.93 +0.01 (+0.13%) (As of 03/28/2024 ET) Add Compare Share Share Today's Range$7.86▼$8.1850-Day Range$6.01▼$7.9352-Week Range$5.19▼$8.18Volume22,839 shsAverage Volume54,848 shsMarket Capitalization$514.02 millionP/E Ratio108.57Dividend YieldN/APrice Target$13.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Reservoir Media alerts: Email Address Reservoir Media MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside63.9% Upside$13.00 Price TargetShort InterestBearish3.79% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.62Based on 2 Articles This WeekInsider TradingAcquiring Shares$892,329 Bought Last QuarterProj. Earnings GrowthGrowingFrom ($0.02) to $0.07 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.01 out of 5 starsConsumer Discretionary Sector147th out of 267 stocksAmusement & Recreation Services Industry6th out of 14 stocks 3.5 Analyst's Opinion Consensus RatingReservoir Media has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $13.00, Reservoir Media has a forecasted upside of 63.9% from its current price of $7.93.Amount of Analyst CoverageReservoir Media has received no research coverage in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted3.79% of the float of Reservoir Media has been sold short.Short Interest Ratio / Days to CoverReservoir Media has a short interest ratio ("days to cover") of 21.2, which indicates bearish sentiment.Change versus previous monthShort interest in Reservoir Media has recently increased by 0.79%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldReservoir Media does not currently pay a dividend.Dividend GrowthReservoir Media does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for RSVR. Previous Next 2.6 News and Social Media Coverage News SentimentReservoir Media has a news sentiment score of 0.62. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Reservoir Media this week, compared to 1 article on an average week.MarketBeat Follows2 people have added Reservoir Media to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 4.2 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Reservoir Media insiders have bought more of their company's stock than they have sold. Specifically, they have bought $892,329.00 in company stock and sold $0.00 in company stock.Percentage Held by Insiders26.27% of the stock of Reservoir Media is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions44.38% of the stock of Reservoir Media is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Reservoir Media are expected to grow in the coming year, from ($0.02) to $0.07 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Reservoir Media is 108.57, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 146.97.Price to Earnings Ratio vs. SectorThe P/E ratio of Reservoir Media is 108.57, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 20.16.Price to Book Value per Share RatioReservoir Media has a P/B Ratio of 1.46. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. 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The company was founded in 2007 and is headquartered in New York, New York.Read More RSVR Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart RSVR Stock News HeadlinesMarch 16, 2024 | msn.comIn Mexico, a once glittering lake is being sucked dry by development, drought and lawlessnessMarch 15, 2024 | globenewswire.comReservoir Media, Inc. to Present at 36th Annual Roth Conference on March 19March 29, 2024 | WealthPress (Ad)$25,000 into $109,616 in two months? Today I want to show you how our research shows you could’ve grown a $25,000 account into $109,616.12 within the last TWO months. You see, former multi-million dollar hedge fund manager Roger Scott spent the better half of 2023 developing what might be the most advanced trading tool that exists… It’s a revolutionary software system that tracks the moves of institutional investors…. in real time…March 13, 2024 | msn.comWater levels at Beaver Run Reservoir return to normalMarch 1, 2024 | yahoo.comLong-planned reservoir above Sacramento Valley advances toward constructionFebruary 22, 2024 | msn.comStrasburg exploring options for secondary water sourceFebruary 22, 2024 | msn.comHow Two California Reservoir Water Levels Changed After Atmospheric RiverFebruary 16, 2024 | finance.yahoo.comEDR Apr 2024 22.000 putMarch 29, 2024 | Insiders Exposed (Ad)This consistently signaled gains of 453%... 610%... and even 1036%...It doesn’t happen often, but occasionally, something completely unique comes across my radar. In this case, I’m talking about legal “Insider Trading”. Traders who have consistently signaled 453% … 610% .. and even 1036%... gains. And until now they have been doing it completely under the radar. In an upcoming interview I am revealing the strategy behind this gold-mine and how you can piggy back their every trade.February 8, 2024 | finance.yahoo.comReservoir Media, Inc. (NASDAQ:RSVR) Q3 2024 Earnings Call TranscriptFebruary 7, 2024 | msn.comCalifornia Reservoir Dam Release Update as Water Levels StallFebruary 7, 2024 | markets.businessinsider.comReservoir Media is about to announce its earnings — here's what Wall Street expectsFebruary 7, 2024 | msn.comReservoir Media reports mixed Q3 results; raises FY24 outlookFebruary 7, 2024 | finance.yahoo.comReservoir Media Inc (RSVR) Posts Strong Q3 Fiscal 2024 Results with Organic Revenue Growth of 14%February 7, 2024 | finance.yahoo.comReservoir Media Announces Third Quarter Fiscal 2024 ResultsFebruary 6, 2024 | msn.comCalifornia Reservoir Impressive Dam Release Amid 'Intense' StormFebruary 4, 2024 | thestreet.comReservoir Media Inc..January 30, 2024 | bbc.comLadybower Reservoir's overflowing 'plug holes' attract photographersJanuary 30, 2024 | msn.comWater levels rising at Beaver Run ReservoirJanuary 25, 2024 | finance.yahoo.comReservoir Media to Release Third Quarter Fiscal Year 2024 Results on February 7, 2024January 25, 2024 | finance.yahoo.comOne Reservoir Media Insider Raised Stake By 37% In Previous YearJanuary 24, 2024 | msn.comHow California Reservoir Water Levels Changed After Atmospheric RiversJanuary 11, 2024 | msn.comRecent rain benefitting Beaver Run ReservoirDecember 9, 2023 | bbc.comLadybower Reservoir's low water levels reveal abandoned villageDecember 9, 2023 | bbc.comWhy does Ladybower Reservoir in Derbyshire have plug holes?November 16, 2023 | msn.comBeaver Run Reservoir reaching dangerously low levels; residents asked to conserve waterNovember 12, 2023 | finance.yahoo.comReservoir Media, Inc. (NASDAQ:RSVR) Q2 2024 Earnings Call TranscriptSee More Headlines Receive RSVR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Reservoir Media and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/31/2023Today3/28/2024Fiscal Year End3/31/2024Next Earnings (Estimated)5/29/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorConsumer Discretionary Industry Amusement & recreation services Sub-IndustryN/A Current SymbolNASDAQ:RSVR CUSIPN/A CIK1824403 Webwww.reservoir-media.com Phone212-675-0541FaxN/AEmployees92Year FoundedN/APrice Target and Rating Average Stock Price Target$13.00 High Stock Price Target$13.00 Low Stock Price Target$13.00 Potential Upside/Downside+63.9%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E Ratio108.57 Forward P/E RatioN/A P/E GrowthN/ANet Income$2.54 million Net Margins0.13% Pretax Margin-0.10% Return on Equity1.37% Return on Assets0.62% Debt Debt-to-Equity Ratio0.97 Current Ratio1.26 Quick Ratio1.14 Sales & Book Value Annual Sales$122.29 million Price / Sales4.20 Cash Flow$0.49 per share Price / Cash Flow16.09 Book Value$5.43 per share Price / Book1.46Miscellaneous Outstanding Shares64,820,000Free Float47,793,000Market Cap$514.02 million OptionableOptionable Beta1.05 Metaverse Stocks And Why You Can't Ignore ThemThinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.Get This Free Report Key ExecutivesMs. Golnar Khosrowshahi (Age 53)Founder, CEO & Director Comp: $626.07kMr. Rell Lafargue (Age 51)President, COO & Director Comp: $928.24kMr. Jim Heindlmeyer (Age 51)Chief Financial Officer Comp: $535.75kSuzy ArrabitoVice President of Marketing & CommunicationsKey CompetitorsLiveVoxNASDAQ:LVOXNeoGamesNASDAQ:NGMSAccel EntertainmentNYSE:ACELSphere EntertainmentNYSE:SPHRLindblad ExpeditionsNASDAQ:LINDView All CompetitorsInsiders & InstitutionsVanguard Group Inc.Bought 8,140 shares on 3/11/2024Ownership: 1.656%Hassan KhosrowshahiBought 30,000 shares on 3/4/2024Total: $216,900.00 ($7.23/share)Goldman Sachs Group Inc.Sold 4,087 shares on 3/1/2024Ownership: 0.056%Hassan KhosrowshahiBought 30,000 shares on 2/29/2024Total: $218,100.00 ($7.27/share)Hassan KhosrowshahiBought 16,608 shares on 2/22/2024Total: $117,584.64 ($7.08/share)View All Insider TransactionsView All Institutional Transactions RSVR Stock Analysis - Frequently Asked Questions Should I buy or sell Reservoir Media stock right now? 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Reservoir Media in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" RSVR shares. View RSVR analyst ratings or view top-rated stocks. What is Reservoir Media's stock price target for 2024? 1 analysts have issued twelve-month price objectives for Reservoir Media's stock. Their RSVR share price targets range from $13.00 to $13.00. On average, they predict the company's stock price to reach $13.00 in the next year. This suggests a possible upside of 63.9% from the stock's current price. View analysts price targets for RSVR or view top-rated stocks among Wall Street analysts. How have RSVR shares performed in 2024? Reservoir Media's stock was trading at $7.13 at the beginning of 2024. Since then, RSVR shares have increased by 11.2% and is now trading at $7.93. View the best growth stocks for 2024 here. When is Reservoir Media's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 29th 2024. View our RSVR earnings forecast. How were Reservoir Media's earnings last quarter? Reservoir Media, Inc. (NASDAQ:RSVR) issued its earnings results on Wednesday, May, 31st. The company reported $0.06 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.06. The firm had revenue of $34.81 million for the quarter, compared to the consensus estimate of $33.93 million. Reservoir Media had a net margin of 0.13% and a trailing twelve-month return on equity of 1.37%. During the same quarter in the previous year, the firm earned $0.07 earnings per share. What ETF holds Reservoir Media's stock? MUSQ Global Music Industry ETF holds 20,053 shares of RSVR stock, representing 1.72% of its portfolio. What guidance has Reservoir Media issued on next quarter's earnings? Reservoir Media issued an update on its FY 2024 earnings guidance on Wednesday, February, 7th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $140.0 million-$142.0 million, compared to the consensus revenue estimate of $135.7 million. Who are Reservoir Media's major shareholders? Reservoir Media's stock is owned by many different retail and institutional investors. Top institutional investors include Irenic Capital Management LP (5.34%), Federated Hermes Inc. (2.88%), Nantahala Capital Management LLC (2.39%), Vanguard Group Inc. (1.66%), Vanguard Group Inc. (1.66%) and Russell Investments Group Ltd. (0.35%). Insiders that own company stock include Adam Rothstein, Essex Equity Joint Investment, Ezra S Field, Golnar Khosrowshahi, Hassan Khosrowshahi, James A Heindlmeyer, Richmond Hill Capital Partners, Richmond Hill Investments, Llc, Ryan P Taylor and Stephen M Cook. View institutional ownership trends. How do I buy shares of Reservoir Media? Shares of RSVR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:RSVR) was last updated on 3/29/2024 by MarketBeat.com Staff From Our PartnersTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceAI Cracks Open Largest Untapped Energy Reserve on EarthBanyan Hill PublishingThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading Academy“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisoryAI healthcare stock poised for 36,996% growth?Behind the Markets Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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