RCI Stock Recent News
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HOUSTON , Dec. 4, 2024 /PRNewswire/ -- RCI Hospitality Holdings, Inc. (Nasdaq: RICK) announced today it has declared a quarterly cash dividend of $0.07 per common share for the fiscal 2025 first quarter ending December 31, 2024. The 1Q25 dividend is payable December 30, 2024 to holders of record at the close of business December 16, 2024.
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
I'm upgrading Rogers Communications to a 'buy' due to strong Q3 results, effective Shaw integration, and disciplined balance sheet management. Rogers reported $5.13 billion in revenue and record net additions, with wireless margins at 66% and cable margins at 58%. The $7 billion structured equity financing deal will reduce leverage to 3.7x, enhancing financial flexibility for growth and shareholder returns.
RCI's expanding portfolio and tech advancements bode well for investors. However, stiff competition and a decline in home phone subscribers are concerns.
HOUSTON , Nov. 5, 2024 /PRNewswire/ -- As part of its aggressive actions to improve the performance of the Bombshells segment, RCI Hospitality Holdings, Inc. (Nasdaq: RICK) announced the decision to permanently close two underperforming leased locations and sell a third. The company said that Bombshells Spring at 21005 Interstate 45 N, Spring, TX, and Bombshells Houston-South at 12810 Gulf Freeway, Houston, TX have been closed and that there are plans to sell Bombshells Austin at 15119 N Interstate Hwy 35, Pflugerville, TX.
TORONTO, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Rogers today announced its net-zero greenhouse gas (GHG) emissions targets have been approved by the globally recognized Science Based Targets initiative (SBTi).
Rogers Communication (RCI) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
CLPR, HAFC and RCI made it to the Zacks Rank #1 (Strong Buy) income stocks list on October 28, 2024.
CLPR, GBX, TZOO, RCI and PI have been added to the Zacks Rank #1 (Strong Buy) List on October 28, 2024.