In the last trading session, 1.12 million shares of the Rush Street Interactive Inc (NYSE:RSI) were traded, and its beta was 1.78. Most recently the company’s share price was $11.22, and it changed around -$0.12 or -1.06% from the last close, which brings the market valuation of the company to $2.56B. RSI currently trades at a discount to its 52-week high of $16.78, offering almost -49.55% off that amount. The share price’s 52-week low was $5.71, which indicates that the current value has risen by an impressive 49.11% since then. We note from Rush Street Interactive Inc’s average daily trading volume that its 10-day average is 1.62 million shares, with the 3-month average coming to 2.08 million.
Rush Street Interactive Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.25. If we narrow it down even further, the data shows that 0 out of 9 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 1 recommended RSI as a Hold, whereas 7 deemed it a Buy, and 0 rated it as Underweight.
Rush Street Interactive Inc (NYSE:RSI) trade information
Instantly RSI has showed a red trend with a performance of -1.06% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 11.47 on recent trading dayincreased the stock’s daily price by 2.18%. The company’s shares are currently down -18.22% year-to-date, but still up 5.25% over the last five days. On the other hand, Rush Street Interactive Inc (NYSE:RSI) is -15.19% down in the 30-day period. We can see from the shorts that 9.09 million shares have been sold at a short interest cover period of 3.65 day(s).
The consensus price target as assigned by Wall Street analysts is $16, which translates to bulls needing to increase their stock price by 29.87% from its current value. Analyst projections state that RSI is forecast to be at a low of $15 and a high of $17.
Rush Street Interactive Inc earnings are expected to increase by 68.82% in 2025, but the outlook is positive 45.17% per year for the next five years.
RSI Dividends
Rush Street Interactive Inc’s next quarterly earnings report is expected to be released on 2025-Feb-25.
Rush Street Interactive Inc (NYSE:RSI)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 4.58% of Rush Street Interactive Inc shares, and 82.51% of them are in the hands of institutional investors. The stock currently has a share float of 86.47%. Rush Street Interactive Inc stock is held by 271.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 8.8718% of the shares, which is about 6.74 million shares worth $64.68 million.
HG VORA CAPITAL MANAGEMENT, LLC, with 8.7446% or 7.0 million shares worth $67.13 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF were the top two Mutual Funds as of Dec 31, 2024 . The former held 2.52 shares worth $28.29 million, making up 2.67% of all outstanding shares. On the other hand, iShares Russell 2000 ETF held roughly 2.04 shares worth around $22.91 million, which represents about 2.16% of the total shares outstanding.
