Full House Resorts (NASDAQ:FLL) Coverage Initiated at B. Riley

B. Riley assumed coverage on shares of Full House Resorts (NASDAQ:FLL) in a report published on Friday, StockNewsAPI reports. The firm issued a buy rating and a $9.00 price target on the stock. B. Riley also issued estimates for Full House Resorts’ Q1 2025 earnings at $0.00 EPS, Q2 2025 earnings at $0.04 EPS, Q3 2025 earnings at $0.07 EPS, Q4 2025 earnings at $0.00 EPS and FY2025 earnings at $0.11 EPS.

Several other brokerages have also recently issued reports on FLL. Macquarie cut shares of Full House Resorts from an outperform rating to a neutral rating and dropped their target price for the stock from $8.00 to $6.00 in a report on Wednesday, January 17th. JMP Securities dropped their target price on shares of Full House Resorts from $7.00 to $6.00 and set a market outperform rating on the stock in a report on Wednesday, March 6th.

Full House Resorts Stock Performance

Shares of NASDAQ:FLL opened at $5.38 on Friday. The company has a debt-to-equity ratio of 6.01, a current ratio of 1.08 and a quick ratio of 1.05. The business has a 50-day simple moving average of $5.11 and a two-hundred day simple moving average of $4.92. Full House Resorts has a fifty-two week low of $3.40 and a fifty-two week high of $8.10.

Full House Resorts (NASDAQ:FLL) last issued its earnings results on Tuesday, March 5th. The company reported ($0.36) earnings per share (EPS) for the quarter. Full House Resorts had a negative return on equity of 29.22% and a negative net margin of 10.33%. The company had revenue of $60.03 million during the quarter.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of FLL. Wasatch Advisors LP boosted its stake in shares of Full House Resorts by 11.4% during the 1st quarter. Wasatch Advisors LP now owns 840,579 shares of the company’s stock worth $4,682,000 after acquiring an additional 86,333 shares during the last quarter. Gamco Investors INC. ET AL raised its position in shares of Full House Resorts by 15.1% during the 3rd quarter. Gamco Investors INC. ET AL now owns 543,900 shares of the company’s stock valued at $2,322,000 after purchasing an additional 71,400 shares during the period. Aristides Capital LLC raised its position in shares of Full House Resorts by 133.3% during the 4th quarter. Aristides Capital LLC now owns 69,498 shares of the company’s stock valued at $373,000 after purchasing an additional 39,706 shares during the period. Beach Point Capital Management LP raised its position in shares of Full House Resorts by 4.0% during the 3rd quarter. Beach Point Capital Management LP now owns 714,213 shares of the company’s stock valued at $3,050,000 after purchasing an additional 27,499 shares during the period. Finally, SG Americas Securities LLC bought a new stake in shares of Full House Resorts during the 4th quarter valued at $78,000. Hedge funds and other institutional investors own 37.68% of the company’s stock.

Full House Resorts Company Profile

Full House Resorts, Inc owns, leases, operates, develops, manages, and invests in casinos, and related hospitality and entertainment facilities in the United States. It operates through Midwest & South, West, and Contracted Sports Wagering segments. The company's properties include American Place in Waukegan, Illinois; Silver Slipper Casino and Hotel in Hancock County, Mississippi; Rising Star Casino Resort in Rising Sun, Indiana; Bronco Billy's Casino and Chamonix Casino Hotel in Cripple Creek, Colorado; Stockman's Casino in Fallon, Nevada; and Grand Lodge Casino, located within the Hyatt Regency Lake Tahoe Resort, Spa and Casino in Incline Village, Nevada.