Reservoir Media (NASDAQ:RSVR) Price Target Raised to $12.50 at B. Riley

Reservoir Media (NASDAQ:RSVR) had its target price raised by B. Riley from $11.50 to $12.50 in a report released on Thursday morning, Benzinga reports. They currently have a buy rating on the stock. 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 Up 0.2 %

Shares of NASDAQ:RSVR traded up $0.02 during mid-day trading on Thursday, hitting $8.35. 3,193 shares of the company traded hands, compared to its average volume of 56,864. The stock has a market cap of $543.42 million, a P/E ratio of -422.29, a P/E/G ratio of 9.62 and a beta of 0.90. The stock has a 50-day moving average price of $8.00 and a two-hundred day moving average price of $7.88. Reservoir Media has a 12-month low of $5.51 and a 12-month high of $9.20. 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 announced its earnings results on Wednesday, July 31st. The company reported ($0.01) EPS for the quarter. Reservoir Media had a negative net margin of 0.22% and a positive return on equity of 0.86%. The firm had revenue of $34.32 million during the quarter, compared to analysts’ expectations of $34.42 million. On average, equities research analysts forecast that Reservoir Media will post 0.09 earnings per share for the current year.

Hedge Funds Weigh In On Reservoir Media

Hedge funds and other institutional investors have recently made changes to their positions in the stock. The Manufacturers Life Insurance Company purchased a new stake in Reservoir Media in the second quarter worth $81,000. E&G Advisors LP purchased a new stake in Reservoir Media in the 3rd quarter worth about $246,000. Inspire Investing LLC bought a new stake in Reservoir Media in the 2nd quarter valued at about $367,000. GSA Capital Partners LLP lifted its holdings in Reservoir Media by 31.1% during the first quarter. GSA Capital Partners LLP now owns 54,746 shares of the company’s stock valued at $434,000 after purchasing an additional 12,989 shares during the last quarter. Finally, Boston Partners boosted its position in Reservoir Media by 10.7% during the first quarter. Boston Partners now owns 59,067 shares of the company’s stock worth $468,000 after purchasing an additional 5,707 shares during the period. 44.38% of the stock is owned by hedge funds and other institutional investors.

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.