Reservoir Media, Inc. (NASDAQ:RSVR – Free Report) – Investment analysts at Roth Capital reduced their Q3 2026 earnings estimates for shares of Reservoir Media in a note issued to investors on Tuesday, August 5th. Roth Capital analyst R. Baldry now forecasts that the company will earn $0.02 per share for the quarter, down from their prior forecast of $0.03. The consensus estimate for Reservoir Media’s current full-year earnings is $0.11 per share. Roth Capital also issued estimates for Reservoir Media’s Q4 2026 earnings at $0.07 EPS, FY2026 earnings at $0.13 EPS, Q1 2027 earnings at $0.02 EPS, Q2 2027 earnings at $0.07 EPS, Q3 2027 earnings at $0.04 EPS and Q4 2027 earnings at $0.09 EPS.
RSVR has been the topic of a number of other research reports. Wall Street Zen upgraded shares of Reservoir Media from a “sell” rating to a “hold” rating in a report on Monday, June 23rd. B. Riley restated a “buy” rating and issued a $11.50 target price (down previously from $12.50) on shares of Reservoir Media in a report on Friday, June 6th.
Reservoir Media Trading Down 2.4%
RSVR opened at $7.60 on Thursday. The company has a debt-to-equity ratio of 1.05, a current ratio of 1.29 and a quick ratio of 1.20. Reservoir Media has a fifty-two week low of $6.56 and a fifty-two week high of $9.83. The firm has a market capitalization of $496.30 million, a PE ratio of 69.10, a P/E/G ratio of 6.77 and a beta of 0.89. The company’s 50-day moving average is $7.65 and its 200 day moving average is $7.59.
Reservoir Media (NASDAQ:RSVR – Get Free Report) last posted its earnings results on Tuesday, August 5th. The company reported ($0.01) earnings per share for the quarter, hitting analysts’ consensus estimates of ($0.01). Reservoir Media had a net margin of 4.67% and a return on equity of 2.07%. The company had revenue of $37.16 billion for the quarter, compared to analyst estimates of $36.88 million.
Institutional Investors Weigh In On Reservoir Media
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its stake in Reservoir Media by 58.9% in the 4th quarter. JPMorgan Chase & Co. now owns 104,146 shares of the company’s stock valued at $943,000 after buying an additional 38,609 shares during the last quarter. North Star Investment Management Corp. purchased a new stake in Reservoir Media in the 1st quarter valued at about $298,000. Dimensional Fund Advisors LP increased its stake in Reservoir Media by 18.6% in the 4th quarter. Dimensional Fund Advisors LP now owns 352,568 shares of the company’s stock valued at $3,191,000 after buying an additional 55,396 shares during the last quarter. Barclays PLC increased its stake in Reservoir Media by 9.1% in the 4th quarter. Barclays PLC now owns 66,537 shares of the company’s stock valued at $603,000 after buying an additional 5,549 shares during the last quarter. Finally, Schonfeld Strategic Advisors LLC purchased a new stake in Reservoir Media in the 4th quarter valued at about $1,131,000. Hedge funds and other institutional investors own 44.38% of the company’s stock.
About Reservoir Media
Reservoir Media, Inc operates as a music publishing company. It operates through two segments, Music Publishing and Recorded Music. The Music Publishing segment acquires interests in music catalogs, as well as signs songwriters. The Recorded Music segment engages in the acquisition of sound recording catalogs; discovery and development of recording artists; and marketing, distribution, sale, and licensing of the music catalogs.
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