Rush Street Interactive, Inc. (NYSE:RSI) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Rush Street Interactive, Inc. (NYSE:RSI) have earned a consensus recommendation of “Moderate Buy” from the twelve brokerages that are covering the company, MarketBeat reports. Three analysts have rated the stock with a hold rating and nine have issued a buy rating on the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $22.8750.

RSI has been the subject of a number of analyst reports. Citizens Jmp raised shares of Rush Street Interactive from a “market perform” rating to an “outperform” rating and set a $24.00 price objective for the company in a report on Wednesday, February 18th. Wall Street Zen lowered shares of Rush Street Interactive from a “strong-buy” rating to a “buy” rating in a research report on Saturday, February 21st. Needham & Company LLC lifted their price objective on Rush Street Interactive from $23.00 to $25.00 and gave the company a “buy” rating in a report on Wednesday, February 18th. Susquehanna set a $22.00 price objective on Rush Street Interactive in a research note on Wednesday, January 21st. Finally, Zacks Research downgraded Rush Street Interactive from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 29th.

Rush Street Interactive Price Performance

NYSE RSI opened at $19.75 on Monday. The firm has a market capitalization of $4.59 billion, a price-to-earnings ratio of 70.52 and a beta of 1.54. The company’s fifty day moving average is $18.39 and its two-hundred day moving average is $19.04. Rush Street Interactive has a 52-week low of $9.54 and a 52-week high of $22.65.

Rush Street Interactive (NYSE:RSI) last announced its quarterly earnings data on Tuesday, February 17th. The company reported $0.08 EPS for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.02). Rush Street Interactive had a net margin of 2.94% and a return on equity of 17.95%. The company had revenue of $324.89 million for the quarter, compared to analyst estimates of $305.08 million. During the same period in the prior year, the company posted $0.07 EPS. The firm’s quarterly revenue was up 27.8% on a year-over-year basis. As a group, sell-side analysts expect that Rush Street Interactive will post 0.04 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Rush Street Interactive news, CFO Kyle Sauers sold 160,067 shares of Rush Street Interactive stock in a transaction on Thursday, January 8th. The stock was sold at an average price of $19.07, for a total transaction of $3,052,477.69. Following the completion of the transaction, the chief financial officer directly owned 663,306 shares of the company’s stock, valued at approximately $12,649,245.42. This trade represents a 19.44% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, COO Mattias Stetz sold 90,000 shares of the company’s stock in a transaction dated Friday, January 2nd. The stock was sold at an average price of $19.09, for a total transaction of $1,718,100.00. The disclosure for this sale is available in the SEC filing. Insiders sold 1,136,535 shares of company stock worth $20,646,037 over the last three months. 56.89% of the stock is currently owned by corporate insiders.

Institutional Trading of Rush Street Interactive

Several large investors have recently added to or reduced their stakes in RSI. Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in Rush Street Interactive during the 3rd quarter worth approximately $4,232,000. Emerald Advisers LLC boosted its stake in Rush Street Interactive by 12.6% in the third quarter. Emerald Advisers LLC now owns 1,341,739 shares of the company’s stock worth $27,479,000 after purchasing an additional 149,918 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its holdings in shares of Rush Street Interactive by 38.1% during the second quarter. Arrowstreet Capital Limited Partnership now owns 1,443,545 shares of the company’s stock worth $21,509,000 after purchasing an additional 398,089 shares during the last quarter. Emerald Mutual Fund Advisers Trust grew its holdings in shares of Rush Street Interactive by 11.0% during the third quarter. Emerald Mutual Fund Advisers Trust now owns 825,244 shares of the company’s stock worth $16,901,000 after purchasing an additional 82,055 shares during the last quarter. Finally, Caxton Associates LLP increased its stake in shares of Rush Street Interactive by 77.8% in the second quarter. Caxton Associates LLP now owns 121,202 shares of the company’s stock valued at $1,806,000 after buying an additional 53,048 shares in the last quarter. 24.78% of the stock is owned by institutional investors.

Rush Street Interactive Company Profile

Rush Street Interactive (NYSE: RSI) is a digital gaming and sports betting company that develops and operates online wagering platforms in regulated markets. As a subsidiary of Rush Street Gaming, the company specializes in delivering interactive casino games, live dealer experiences, and sports betting services through desktop and mobile applications. Its technology infrastructure is designed to support real-time wagering, secure transactions, and responsible gaming tools across multiple jurisdictions.

The company’s flagship brand, BetRivers, offers a range of casino titles—including slots, table games, and virtual sports—alongside a comprehensive sportsbook featuring pre-game and in-play betting markets.