Ruth's Hospitality Group, Inc., together with its subsidiaries, develops, operates, and franchises fine dining restaurants under the Ruth's Chris Steak House name. The company's restaurants offer food and beverage products to special occasion diners and frequent customers, as well as business clientele. As of March 05, 2021, it had approximately 140 company-owned and franchisee-owned restaurants worldwide. The company was formerly known as Ruth's Chris Steak House, Inc. and changed its name to Ruth's Hospitality Group, Inc. in May 2008. Ruth's Hospitality Group, Inc. was founded in 1965 and is headquartered in Winter Park, Florida.
IPO Year: 2005
Exchange: NASDAQ
Website: rhgi.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/7/2022 | Outperform → Mkt Perform | Raymond James | |
| 9/23/2022 | $22.00 | Overweight | Stephens |
| 2/28/2022 | $27.00 → $28.00 | Overweight | Stephens & Co. |
| 2/25/2022 | $25.00 → $27.00 | Strong Buy | Raymond James |
| 11/23/2021 | Hold | The Benchmark Company | |
| 11/23/2021 | Hold | Benchmark | |
| 11/1/2021 | $26.50 → $25.00 | Strong Buy | Raymond James |
| 10/19/2021 | $29.00 → $27.00 | Overweight | Stephens & Co. |
| 9/20/2021 | $28.00 | Neutral → Overweight | Piper Sandler |
| 8/12/2021 | $27.00 | Neutral → Buy | CL King |
Renowned Fine Dining Steak House Debuts Fourth Location in Michigan Ruth's Chris Steak House, famous for its unmatched dining experience and steaks served on 500-degree sizzling plates, today announced its newest location is open for business in Mt. Pleasant, Michigan inside the Soaring Eagle Casino and Resort. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230613438907/en/Ruth's Chris Steak House announced its newest location in Mt. Pleasant, which is now open for business. It is located at 6800 Soaring Eagle Blvd. and brings an unmatched dining experience to the area with its 8,965 square-foot location. (Photo: Business Wire
NEW YORK, June 7, 2023 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P SmallCap 600 effective prior to the opening of trading on Wednesday, June 14: eXp World Holdings Inc. (NASD: EXPI) will replace Heska Corp. (NASD: HSKA). Mars Inc. is acquiring Heska in a deal expected to be completed soon pending final conditions.Privia Health Group Inc. (NASD: PRVA) will replace Ruth's Hospitality Group Inc. (NASD: RUTH). S&P 500 constituent Darden Restaurants Inc. (NYSE:DRI) is acquiring Ruth's Hospitality Group in a deal expected to be completed soon pending final conditions.Following is a summary of the changes that will take place prior to the open of trading on the
ORLANDO, Fla., May 3, 2023 /PRNewswire/ -- Darden Restaurants, Inc. ("Darden") (NYSE:DRI) and Ruth's Hospitality Group, Inc. ("Ruth's") (NASDAQ:RUTH) announced earlier today that they have entered into a definitive merger agreement pursuant to which Darden will commence a tender offer to acquire all of the outstanding shares of Ruth's for $21.50 per share, in an all-cash transaction with an equity value of approximately $715 million. As previously announced, the companies will host a conference call to discuss the transaction on Thursday, May 4, 2023, at 8:30 a.m. ET. The call information provided in the earlier press release was incorrect; this press release is issued to provide updated c
ORLANDO, Fla., May 3, 2023 /PRNewswire/ -- Darden Restaurants, Inc. ("Darden") (NYSE:DRI) and Ruth's Hospitality Group, Inc. ("Ruth's") (NASDAQ:RUTH), jointly announced today that they have entered into a definitive merger agreement pursuant to which Darden will commence a tender offer to acquire all of the outstanding shares of Ruth's for $21.50 per share, in an all-cash transaction with an equity value of approximately $715 million. Ruth's, owner and operator of Ruth's Chris Steak House ("Ruth's Chris"), will complement Darden's portfolio of differentiated brands which currently includes Olive Garden, LongHorn Steakhouse, Yard House, Cheddar's Scratch Kitchen, The Capital Grille, Seasons 5
Ruth's Hospitality Group, Inc. (NASDAQ:RUTH) today announced that it will host a conference call to discuss first quarter 2023 financial results on Friday, May 5, 2023 at 8:30 AM Eastern Time. A press release with first quarter 2023 financial results will be issued at approximately 7:00 AM Eastern Time that same day. The conference call can be accessed live over the phone by dialing 201-689-8470. A replay will be available one hour after the call and can be accessed by dialing 412-317-6671; the password is 13734967. The replay will be available until Friday, May 12, 2023. The call will also be webcast live from the Company's website at www.rhgi.com under the Investor Relations section.
Renowned Fine Dining Steak House Debuts Third Location in Virginia Ruth's Chris Steak House, famous for its unmatched dining experience and steaks served on 500-degree sizzling plates, today announced its newest location is open for business in Reston, Virginia. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230404005361/en/Ruth's Chris Steak House announced its newest location in Reston, which is now open for business. It is located at 11990 Market Street and brings an unmatched dining experience to the area with its 7,400+-square-foot location. (Photo: Business Wire) The Reston Ruth's Chris restaurant, located at 11990 Marke
– Increases Quarterly Dividend to $0.16 Per Share – Ruth's Hospitality Group, Inc. (the "Company") (NASDAQ:RUTH) today reported financial results for its fourth quarter and fiscal year ended December 25, 2022 and provided a business update. Fourth Quarter Highlights Total restaurant sales in the fourth quarter increased 9.6% compared to 2021 driven by comparable sales growth of 4.5% and incremental sales from six new restaurants that opened over the last 12 months. Comparable sales increased 5.5% compared to 2019. Fourth quarter average weekly sales for Company-owned restaurants were $130.0 thousand in 2022 compared to $123.0 thousand in 2021. Franchise income in the fourth quarter
Ruth's Hospitality Group, Inc. (NASDAQ:RUTH) today announced that it will host a conference call to discuss fourth quarter and full year 2022 financial results on Thursday, February 23, 2023 at 8:30 AM Eastern Time. A press release with fourth quarter and full year 2022 financial results will be issued at approximately 7:00 AM Eastern Time that same day. The conference call can be accessed live over the phone by dialing 201-689-8470. A replay will be available one hour after the call and can be accessed by dialing 412-317-6671; the password is 13734965. The replay will be available until Thursday, March 2, 2023. The call will also be webcast live from the Company's website at www.rhgi.com
– Declares $0.14 Per Share Quarterly Dividend – Ruth's Hospitality Group, Inc. (the "Company") (NASDAQ:RUTH) today reported unaudited financial results for its third quarter ended September 25, 2022 and provided a business update. Third Quarter Highlights (1) Total restaurant sales in the third quarter increased 8.5% compared to 2021 driven by comparable sales growth and incremental sales from six new restaurants that opened over the last 12 months. Third quarter comparable sales increased 2.9% versus 2021 and 11.2% versus 2019. Third quarter average weekly sales were $107.5 thousand in 2022 compared to $102.8 thousand in 2021 and $93.4 thousand in 2019. (2) Franchise income in
Renowned Fine Dining Steak House Opens in Greater Orlando Area in New Location Ruth's Chris Steak House, famous for its unmatched dining experience and steaks served on 500-degree sizzling plates, announced the relocation of its Winter Park restaurant, which is now open for business. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221025005993/en/Ruth's Chris Steak House announced its newest location in Winter Park, which is now open for business. It is located at 480 N. Orlando Avenue (Suite 100), bringing an unmatched dining experience to the area in its new 7,840-square-foot restaurant. (Photo: Business Wire) The new Ruth's Ch
4 - Ruths Hospitality Group, Inc. (0001324272) (Issuer)
4 - Ruths Hospitality Group, Inc. (0001324272) (Issuer)
4 - Ruths Hospitality Group, Inc. (0001324272) (Issuer)
4 - Ruths Hospitality Group, Inc. (0001324272) (Issuer)
4 - Ruths Hospitality Group, Inc. (0001324272) (Issuer)
4 - Ruths Hospitality Group, Inc. (0001324272) (Issuer)
4 - Ruths Hospitality Group, Inc. (0001324272) (Issuer)
4 - Ruths Hospitality Group, Inc. (0001324272) (Issuer)
4 - Ruths Hospitality Group, Inc. (0001324272) (Issuer)
4 - Ruths Hospitality Group, Inc. (0001324272) (Issuer)