rci hospitality holdings, inc., formerly rick's cabaret international, inc., operates upscale gentlemen's clubs and restaurants. subsidiary activities include websites and a media division. founded in 1983, rick’s cabaret pioneered in the creation of elegant gentlemen’s clubs featuring beautiful topless entertainers and high quality restaurant service. rick’s cabaret went public through an ipo in 1995 and is listed on the nasdaq global market under the symbol rick. options in rick are traded on the chicago board of options exchange (cboe). there are currently 46 nightclubs and restaurants nationwide in the rci hospitality holdings group. investors are attracted by strong cash flow, consistent profitability, effective internal financial controls developed by management, local laws that create high barriers to entry by potential competitors, and execution of a roll-up strategy in the consolidating gentlemen’s club industry. in recent years the company has acquired nightclubs in major
Company profile
Ticker
RICK
Exchange
Website
CEO
Eric Langan
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
RICKS CABARET INTERNATIONAL INC
SEC CIK
Corporate docs
Subsidiaries
10557 Wireway, Inc. • 12-18 Lagrange Street, Inc. • 12291 CBW LLC • 183 Landco, Inc. • 200 Riverside, Inc. • 2151 Manana, Inc. • 7916 Pendleton, Inc. • A & D Interests, Inc. • Baby Dolls Topless Saloons, Inc. • BB LQ PRMT San Antonio 1, LLC ...
IRS number
760037324
RICK stock data
Latest filings (excl ownership)
8-K
Results of Operations and Financial Condition
9 Apr 24
10-Q
2024 Q1
Quarterly report
8 Feb 24
8-K
Results of Operations and Financial Condition
8 Feb 24
8-K
RCI Reports 1Q24 Club & Restaurant Sales
9 Jan 24
8-K
Results of Operations and Financial Condition
14 Dec 23
10-K
2023 FY
Annual report
14 Dec 23
8-K
RCI Announces $15.7 Million Debt Modification to Free Up More Cash to Buy Back Shares
26 Oct 23
8-K
RCI Reports 4Q23 Club & Restaurant Sales and Share Buybacks
10 Oct 23
8-K
Results of Operations and Financial Condition
11 Sep 23
8-K
Departure of Directors or Certain Officers
30 Aug 23
Transcripts
RICK
Earnings call transcript
2023 Q4
14 Dec 23
RICK
Earnings call transcript
2023 Q3
9 Aug 23
RICK
Earnings call transcript
2023 Q2
10 May 23
RICK
Earnings call transcript
2023 Q1
9 Feb 23
RICK
Earnings call transcript
2022 Q4
15 Dec 22
RICK
Earnings call transcript
2022 Q3
10 Aug 22
RICK
Earnings call transcript
2022 Q3
12 Jul 22
RICK
Earnings call transcript
2022 Q2
10 May 22
RICK
Earnings call transcript
2022 Q1
10 Feb 22
RICK
Earnings call transcript
2021 Q4
17 Dec 21
Latest ownership filings
4
ERIC SCOTT LANGAN
18 Mar 24
4
Yura V Barabash
26 Feb 24
SC 13G/A
ADW Capital Partners, L.P.
14 Feb 24
SC 13G
VANGUARD GROUP INC
13 Feb 24
SC 13G/A
BlackRock Inc.
26 Jan 24
4
Adam D Wyden
28 Sep 23
4
Johnson Martin Elaine
18 Sep 23
4
Yura V Barabash
25 Aug 23
4
Johnson Martin Elaine
23 Aug 23
4
Johnson Martin Elaine
16 Aug 23
Financial summary
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Diluted EPS |
Annual (USD) | Sep 23 | Sep 22 | Sep 21 | Sep 20 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 21.02 mm | 21.02 mm | 21.02 mm | 21.02 mm | 21.02 mm | 21.02 mm |
Cash burn (monthly) | 853.67 k | 1.25 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 5.83 mm | 8.51 mm | n/a | n/a | n/a | n/a |
Cash remaining | 15.20 mm | 12.51 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | 17.8 | 10.0 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
52.6% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 100 |
Opened positions | 4 |
Closed positions | 16 |
Increased positions | 38 |
Reduced positions | 33 |
13F shares | Current |
---|---|
Total value | 238.60 bn |
Total shares | 4.92 mm |
Total puts | 83.70 k |
Total calls | 55.70 k |
Total put/call ratio | 1.5 |
Largest owners | Shares | Value |
---|---|---|
ADW Capital Partners | 949.00 k | $0.00 |
ADW Capital Management | 941.00 k | $57.08 bn |
BLK Blackrock | 590.62 k | $35.83 bn |
Vanguard | 475.37 k | $28.84 bn |
Dimensional Fund Advisors | 338.68 k | $20.54 bn |
Geode Capital Management | 181.24 k | $11.00 bn |
STT State Street | 175.25 k | $10.63 bn |
Progeny 3 | 149.70 k | $9.08 bn |
Scholtz & Company | 116.16 k | $7.04 bn |
NTRS Northern Trust | 97.83 k | $5.93 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
15 Mar 24 | Langan Eric Scott | Common Stock | Buy | Acquire P | No | No | 54.54 | 1,000 | 54.54 k | 703,000 |
26 Feb 24 | Yura V Barabash | Common Stock | Buy | Acquire P | No | No | 55.9478 | 188 | 10.52 k | 1,149 |
27 Sep 23 | ADW Capital Management | Common stock, $0.01 par value | Sell | Dispose S | Yes | No | 60.11 | 8,000 | 480.88 k | 941,000 |
15 Sep 23 | Elaine Johnson Martin | Common Stock | Buy | Acquire P | No | No | 63.77 | 336 | 21.43 k | 9,085 |
24 Aug 23 | Yura V Barabash | Common Stock | Buy | Acquire P | No | No | 65.4 | 0.334 | 21.84 | 961 |
24 Aug 23 | Yura V Barabash | Common Stock | Buy | Acquire P | No | No | 65.3174 | 300 | 19.60 k | 960.666 |
News
HC Wainwright & Co. Reiterates Buy on RCI Hospitality Hldgs, Maintains $115 Price Target
12 Feb 24
Recap: RCI Hospitality Hldgs Q1 Earnings
8 Feb 24
RCI Hospitality Hldgs Q1 2024 Adj EPS $0.87 Misses $1.00 Estimate, Sales $73.91M Beat $73.59M Estimate
8 Feb 24
Earnings Scheduled For February 8, 2024
8 Feb 24
A Preview Of RCI Hospitality Hldgs's Earnings
7 Feb 24
Press releases
RCI Reports 2Q24 Sales, Development Updates & Share Buybacks; Holding X Spaces Call at 4:30 PM ET Today
9 Apr 24
RCI to Report 2Q24 Club & Restaurant Sales and Hold X Spaces Call on April 9, 2024
4 Apr 24
RCI to Report 2Q24 Club & Restaurant Sales and Hold X Spaces Call on April 9, 2024
4 Apr 24
RCI to Host 1Q24 Conference Call on X Spaces on Thursday, Feb. 8
6 Feb 24