Reservoir Media (NASDAQ:RSVR) Price Target Raised to $12.50

Reservoir Media (NASDAQ:RSVR) had its price target lifted by investment analysts at B. Riley from $11.50 to $12.50 in a report issued on Thursday, Benzinga reports. The firm currently has a “buy” rating on the stock. B. Riley’s price objective would suggest a potential upside of 51.52% from the company’s previous close. B. Riley also issued estimates for Reservoir Media’s Q3 2025 earnings at $0.03 EPS, FY2025 earnings at $0.07 EPS and FY2026 earnings at $0.18 EPS.

Reservoir Media Stock Down 1.0 %

Reservoir Media stock opened at $8.25 on Thursday. The company has a market cap of $536.91 million, a P/E ratio of -412.29, a price-to-earnings-growth ratio of 9.62 and a beta of 0.90. Reservoir Media has a 1-year low of $5.51 and a 1-year high of $9.20. The company has a fifty day simple moving average of $8.01 and a 200 day simple moving average of $7.88. The company has a current ratio of 1.28, a quick ratio of 1.16 and a debt-to-equity ratio of 0.91.

Reservoir Media (NASDAQ:RSVR) last released its earnings results on Wednesday, July 31st. The company reported ($0.01) earnings per share for the quarter. Reservoir Media had a negative net margin of 0.22% and a positive return on equity of 0.86%. The business had revenue of $34.32 million during the quarter, compared to the consensus estimate of $34.42 million. Research analysts anticipate that Reservoir Media will post 0.09 earnings per share for the current fiscal year.

Institutional Trading of Reservoir Media

A number of hedge funds have recently modified their holdings of RSVR. GSA Capital Partners LLP lifted its stake in shares of Reservoir Media by 31.1% during the 1st quarter. GSA Capital Partners LLP now owns 54,746 shares of the company’s stock worth $434,000 after buying an additional 12,989 shares during the last quarter. Russell Investments Group Ltd. raised its stake in Reservoir Media by 14.8% in the 1st quarter. Russell Investments Group Ltd. now owns 261,691 shares of the company’s stock worth $2,075,000 after purchasing an additional 33,819 shares in the last quarter. Vanguard Group Inc. raised its stake in Reservoir Media by 1.7% in the 1st quarter. Vanguard Group Inc. now owns 1,090,964 shares of the company’s stock worth $8,651,000 after purchasing an additional 17,830 shares in the last quarter. AWM Investment Company Inc. raised its stake in Reservoir Media by 2.1% in the 1st quarter. AWM Investment Company Inc. now owns 716,662 shares of the company’s stock worth $5,683,000 after purchasing an additional 15,000 shares in the last quarter. Finally, Boston Partners raised its stake in Reservoir Media by 10.7% in the 1st quarter. Boston Partners now owns 59,067 shares of the company’s stock worth $468,000 after purchasing an additional 5,707 shares in the last quarter. Institutional investors and hedge funds own 44.38% of the company’s stock.

About Reservoir Media

Reservoir Media, Inc operates as a music publishing company. It operates through two segments, Music Publishing and Recorded Music. The Music Publishing segment acquires interests in music catalogs, as well as signs songwriters. The Recorded Music segment engages in the acquisition of sound recording catalogs; discovery and development of recording artists; and marketing, distribution, sale, and licensing of the music catalogs.