Headlines about Drive Shack (NYSE:DS) have been trending somewhat positive recently, Accern Sentiment reports. The research firm identifies positive and negative media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Drive Shack earned a media sentiment score of 0.25 on Accern’s scale. Accern also gave media headlines about the real estate investment trust an impact score of 47.6362676433278 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Shares of Drive Shack (DS) opened at $4.91 on Wednesday. Drive Shack has a twelve month low of $2.41 and a twelve month high of $6.49. The stock has a market capitalization of $326.78, a PE ratio of -6.92 and a beta of 1.44. The company has a current ratio of 5.85, a quick ratio of 5.85 and a debt-to-equity ratio of 1.25.
Drive Shack (NYSE:DS) last released its earnings results on Wednesday, March 7th. The real estate investment trust reported ($0.02) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.07) by $0.05. Drive Shack had a positive return on equity of 13.40% and a negative net margin of 14.42%. The business had revenue of $70.40 million for the quarter, compared to analyst estimates of $67.69 million. During the same quarter in the prior year, the company posted $0.10 earnings per share. Drive Shack’s revenue was up 1.9% on a year-over-year basis. analysts expect that Drive Shack will post -0.06 EPS for the current fiscal year.
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About Drive Shack
Drive Shack Inc, formerly Newcastle Investment Corp., is a leisure company. The Company is an owner and operator of golf-related leisure and entertainment businesses. The Company’s portfolio consists of Drive Shack, which is engaged in developing nationwide network of golf entertainment venues; American Golf Corporation, which is a golf course company, and real estate-related assets.
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