Date | Price Target | Rating | Analyst |
---|---|---|---|
1/5/2023 | $11.00 | Buy | B. Riley Securities |
8/23/2021 | $13.00 | Buy | ROTH Capital |
8/23/2021 | $13.00 | Buy | Craig-Hallum |
Strength within Music Publishing Drove 8% Top-Line Growth12th Consecutive Quarter of Year-Over-Year Revenue Growth Since IPO in 2021NEW YORK, NY / ACCESSWIRE / July 31, 2024 / Reservoir Media, Inc. (NASDAQ:RSVR) ("Reservoir" or the "Company"), an award-winning independent music company, today announced financial results for the first quarter of fiscal 2025 ended June 30, 2024.Recent Highlights:Revenue of $34.3 million, increased 6% organically, or 8% including acquisitions year-over-yearMusic Publishing revenue rose 15% year-over-yearRecorded Music revenue decreased by 7% year-over-yearOperating Income of $5.0 million, increased by $1.8 million year-over-yearOIBDA ("Operating Income Before D
NEW YORK, July 18, 2024 (GLOBE NEWSWIRE) -- Reservoir Media, Inc. (NASDAQ:RSVR), an award-winning independent music company, today announced a new publishing deal with critically acclaimed singer-songwriter Wrabel. The deal includes his future works. Based in Los Angeles, Wrabel began his career co-writing songs by pop and rock artists such as Teddy Swims, Kesha, P!nk, Ellie Goulding, Adam Lambert, and Phillip Phillips, as well as EDM artists Kygo and Marshmello, among others. Wrabel has been praised as "one of Hollywood's finest songwriters" by American Songwriter. Some of his most popular collaborations include Platinum-selling "Better Not" by Louis the Child and Wafia, Grammy-nominat
NEW YORK, July 17, 2024 (GLOBE NEWSWIRE) -- Reservoir Media, Inc. (NASDAQ:RSVR) ("Reservoir" or the "Company"), an award-winning independent music company, today announced that it will release financial results for the first fiscal quarter of 2025 ended June 30, 2024, before market open on Wednesday, July 31, 2024. Reservoir will host a conference call to discuss its results at 10 a.m. Eastern Daylight Time on July 31, 2024. A live audio webcast of Reservoir's first quarter results discussion will be accessible under the Events and Presentations section of the Company's Investor Relations website at https://investors.reservoir-media.com/news-and-events/events-and-presentations. An archive
Strength within Music Publishing Drove 8% Top-Line Growth12th Consecutive Quarter of Year-Over-Year Revenue Growth Since IPO in 2021NEW YORK, NY / ACCESSWIRE / July 31, 2024 / Reservoir Media, Inc. (NASDAQ:RSVR) ("Reservoir" or the "Company"), an award-winning independent music company, today announced financial results for the first quarter of fiscal 2025 ended June 30, 2024.Recent Highlights:Revenue of $34.3 million, increased 6% organically, or 8% including acquisitions year-over-yearMusic Publishing revenue rose 15% year-over-yearRecorded Music revenue decreased by 7% year-over-yearOperating Income of $5.0 million, increased by $1.8 million year-over-yearOIBDA ("Operating Income Before D
NEW YORK, July 17, 2024 (GLOBE NEWSWIRE) -- Reservoir Media, Inc. (NASDAQ:RSVR) ("Reservoir" or the "Company"), an award-winning independent music company, today announced that it will release financial results for the first fiscal quarter of 2025 ended June 30, 2024, before market open on Wednesday, July 31, 2024. Reservoir will host a conference call to discuss its results at 10 a.m. Eastern Daylight Time on July 31, 2024. A live audio webcast of Reservoir's first quarter results discussion will be accessible under the Events and Presentations section of the Company's Investor Relations website at https://investors.reservoir-media.com/news-and-events/events-and-presentations. An archive
Double-Digit Annual Revenue Growth in Both Segments, Surpassing Full Year Outlook Acquired Publishing & Recorded Rights of Legendary Artists and Emerging Talent Across Genres Fiscal 2025 Financial Outlook Expects Mid-Single Digit Revenue and Adjusted EBITDA Growth at the Mid-Point NEW YORK, May 30, 2024 (GLOBE NEWSWIRE) -- Reservoir Media, Inc. (NASDAQ:RSVR) ("Reservoir" or the "Company"), an award-winning independent music company, today announced financial results for the fourth quarter and full year for fiscal 2024 ended March 31, 2024. Fiscal Year 2024 Highlights: Revenue of $144.9 million, increased 14% organically, or 18% including acquisitions year-over-year Music Publishing Re
B. Riley Securities initiated coverage of Reservoir Media with a rating of Buy and set a new price target of $11.00
ROTH Capital initiated coverage of Reservoir Media with a rating of Buy and set a new price target of $13.00
Craig-Hallum initiated coverage of Reservoir Media with a rating of Buy and set a new price target of $13.00
Although U.S. stocks closed mixed on Thursday, there were a few notable insider trades. When insiders purchase shares, it indicates their confidence in the company’s prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision. Below is a look at a few recent notable insider purchases. For more, check out Benzinga’s insider transactions platform. Reservoir Media The Trade: Reservoir Media, Inc. (NASDAQ:RSVR) 10% owner Wesbild Inc acquired a total of 350,000 shares at
B. Riley Securities analyst Richard Baldry reiterates Reservoir Media (NASDAQ:RSVR) with a Buy and maintains $13 price target.
B. Riley Securities analyst Daniel Day maintains Reservoir Media (NASDAQ:RSVR) with a Buy and raises the price target from $11 to $11.5.
4 - Reservoir Media, Inc. (0001824403) (Issuer)
4 - Reservoir Media, Inc. (0001824403) (Issuer)
4 - Reservoir Media, Inc. (0001824403) (Issuer)
NEW YORK, July 18, 2024 (GLOBE NEWSWIRE) -- Reservoir Media, Inc. (NASDAQ:RSVR), an award-winning independent music company, today announced a new publishing deal with critically acclaimed singer-songwriter Wrabel. The deal includes his future works. Based in Los Angeles, Wrabel began his career co-writing songs by pop and rock artists such as Teddy Swims, Kesha, P!nk, Ellie Goulding, Adam Lambert, and Phillip Phillips, as well as EDM artists Kygo and Marshmello, among others. Wrabel has been praised as "one of Hollywood's finest songwriters" by American Songwriter. Some of his most popular collaborations include Platinum-selling "Better Not" by Louis the Child and Wafia, Grammy-nominat
4 - Reservoir Media, Inc. (0001824403) (Issuer)
4 - Reservoir Media, Inc. (0001824403) (Issuer)
4 - Reservoir Media, Inc. (0001824403) (Issuer)
SC 13D/A - Reservoir Media, Inc. (0001824403) (Subject)
SC 13D/A - Reservoir Media, Inc. (0001824403) (Subject)
SC 13G/A - Reservoir Media, Inc. (0001824403) (Subject)
8-K - Reservoir Media, Inc. (0001824403) (Filer)
8-K - Reservoir Media, Inc. (0001824403) (Filer)
10-Q - Reservoir Media, Inc. (0001824403) (Filer)