Rush Street Interactive Inc (NYSE:RSI) has a beta value of 1.69 and has seen 0.54 million shares traded in the recent trading session. The RSI stock price is -28.92% off its 52-week high price of $11.59 and 64.74% above the 52-week low of $3.17. If we look at the company’s 10-day average daily trading volume, we find that it stood at 2.43 million shares traded. The 3-month trading volume is 2.00 million shares.
The consensus among analysts is that Rush Street Interactive Inc (RSI) is Buy stock at the moment, with a recommendation rating of 1.44. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 8 have rated it as a Hold, with 8 advising it as a Buy. 0 have rated the stock as Underweight.
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Rush Street Interactive Inc (NYSE:RSI) trade information
Sporting 0.05% in the green today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the RSI stock price touched $8.99 or saw a rise of 12.8%. Year-to-date, Rush Street Interactive Inc shares have moved 100.32%, while the 5-day performance has seen it change -8.13%. Over the past 30 days, the shares of Rush Street Interactive Inc (NYSE:RSI) have changed -7.56%. Short interest in the company has seen 5.98 million shares shorted with days to cover at 3.7.
Wall Street analysts have a consensus price target for the stock at $10, which means that the shares’ value could jump 10.1% from the levels at last check today. The projected low price target is $8.0 while the price target rests at a high of $14.0. In that case, then, we find that the latest price level in today’s session is -55.73% off the targeted high while a plunge would see the stock lose 11.01% from the levels at last check today.
Rush Street Interactive Inc (RSI) estimates and forecasts
Figures show that Rush Street Interactive Inc shares have outperformed across the wider relevant industry. The company’s shares have gained 52.96% over the past 6 months, with this year growth rate of 200.00%, compared to 8.10% for the industry.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 23.52% over the past 5 years.
RSI Dividends
Rush Street Interactive Inc is expected to release its next earnings report 2024-Oct-30 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Rush Street Interactive Inc (NYSE:RSI)’s Major holders
The top two institutional holders are HG VORA CAPITAL MANAGEMENT, LLC with over 7.0 million shares worth more than $45.57 million. As of 2024-03-31, HG VORA CAPITAL MANAGEMENT, LLC held 9.7764% of shares outstanding.
The other major institutional holder is CANYON CAPITAL ADVISORS LLC, with the holding of over 5.74 million shares as of 2024-03-31. The firm’s total holdings are worth over $37.34 million and represent 8.01% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are iShares Russell 2000 ETF and Vanguard Total Stock Market Index Fund. As of Jun 30, 2024, the former fund manager holds about 2.24% shares in the company for having 1.86 shares of worth $16.65 million while later fund manager owns 1.59 shares of worth $14.25 million as of Mar 31, 2024, which makes it owner of about 1.91% of company’s outstanding stock.
