Rush Street Interactive, Inc. (NYSE:RSI) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of Rush Street Interactive, Inc. (NYSE:RSI) have received a consensus recommendation of “Moderate Buy” from the twelve brokerages that are covering the firm, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The average 1 year price objective among brokers that have covered the stock in the last year is $22.8750.

Several equities research analysts recently weighed in on the stock. Oppenheimer increased their target price on shares of Rush Street Interactive from $24.00 to $25.00 and gave the company an “outperform” rating in a research note on Wednesday, February 18th. Benchmark restated a “buy” rating on shares of Rush Street Interactive in a research note on Wednesday, February 18th. Needham & Company LLC upped their price target on Rush Street Interactive from $23.00 to $25.00 and gave the company a “buy” rating in a report on Wednesday, February 18th. Zacks Research downgraded Rush Street Interactive from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 29th. Finally, Citigroup raised Rush Street Interactive to an “outperform” rating in a report on Wednesday, February 18th.

Rush Street Interactive Stock Down 0.0%

Shares of NYSE RSI opened at $20.87 on Monday. Rush Street Interactive has a 12 month low of $9.54 and a 12 month high of $22.65. The company has a market cap of $4.85 billion, a P/E ratio of 74.54 and a beta of 1.54. The business’s 50 day moving average is $18.50 and its two-hundred day moving average is $19.08.

Rush Street Interactive (NYSE:RSI) last announced its quarterly earnings data on Tuesday, February 17th. The company reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.10 by ($0.02). The company had revenue of $324.89 million during the quarter, compared to analyst estimates of $305.08 million. Rush Street Interactive had a return on equity of 17.95% and a net margin of 2.94%.The company’s revenue was up 27.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.07 EPS. Sell-side analysts expect that Rush Street Interactive will post 0.04 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Rush Street Interactive news, CEO Richard Todd Schwartz sold 247,114 shares of Rush Street Interactive stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $16.82, for a total transaction of $4,156,457.48. Following the sale, the chief executive officer owned 701,934 shares in the company, valued at $11,806,529.88. The trade was a 26.04% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, COO Mattias Stetz sold 90,000 shares of the business’s stock in a transaction on Friday, January 2nd. The shares were sold at an average price of $19.09, for a total transaction of $1,718,100.00. The SEC filing for this sale provides additional information. Insiders sold a total of 1,516,648 shares of company stock valued at $28,196,818 over the last ninety days. 56.94% of the stock is owned by company insiders.

Institutional Trading of Rush Street Interactive

Several institutional investors have recently made changes to their positions in the business. Concord Wealth Partners acquired a new position in Rush Street Interactive in the third quarter worth about $41,000. Kemnay Advisory Services Inc. acquired a new stake in Rush Street Interactive during the fourth quarter valued at approximately $47,000. Empowered Funds LLC acquired a new stake in Rush Street Interactive during the fourth quarter valued at approximately $55,000. Osaic Holdings Inc. grew its stake in shares of Rush Street Interactive by 62.2% in the 2nd quarter. Osaic Holdings Inc. now owns 4,872 shares of the company’s stock valued at $73,000 after purchasing an additional 1,868 shares during the period. Finally, Pacer Advisors Inc. grew its stake in shares of Rush Street Interactive by 57.2% in the 3rd quarter. Pacer Advisors Inc. now owns 5,027 shares of the company’s stock valued at $103,000 after purchasing an additional 1,830 shares during the period. 24.78% of the stock is currently owned by institutional investors and hedge funds.

Rush Street Interactive Company Profile

Rush Street Interactive (NYSE: RSI) is a digital gaming and sports betting company that develops and operates online wagering platforms in regulated markets. As a subsidiary of Rush Street Gaming, the company specializes in delivering interactive casino games, live dealer experiences, and sports betting services through desktop and mobile applications. Its technology infrastructure is designed to support real-time wagering, secure transactions, and responsible gaming tools across multiple jurisdictions.

The company’s flagship brand, BetRivers, offers a range of casino titles—including slots, table games, and virtual sports—alongside a comprehensive sportsbook featuring pre-game and in-play betting markets.