Reservoir Media (NASDAQ:RSVR) PT Raised to $11.50

Reservoir Media (NASDAQ:RSVR) had its price objective increased by B. Riley from $11.00 to $11.50 in a research note issued to investors on Friday morning, Benzinga reports. The firm currently has a buy rating on the stock. B. Riley also issued estimates for Reservoir Media’s Q2 2025 earnings at $0.03 EPS, Q4 2025 earnings at $0.03 EPS, FY2025 earnings at $0.08 EPS and FY2026 earnings at $0.12 EPS.

Reservoir Media Price Performance

Shares of RSVR opened at $7.98 on Friday. The company has a 50 day moving average price of $8.17 and a 200-day moving average price of $7.31. Reservoir Media has a fifty-two week low of $5.19 and a fifty-two week high of $9.20. The stock has a market capitalization of $517.90 million, a PE ratio of -798,000.00, a PEG ratio of 10.05 and a beta of 0.91. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.07 and a current ratio of 1.17.

Institutional Investors Weigh In On Reservoir Media

Hedge funds have recently modified their holdings of the business. Federated Hermes Inc. raised its holdings in shares of Reservoir Media by 24.3% in the fourth quarter. Federated Hermes Inc. now owns 1,864,728 shares of the company’s stock worth $13,296,000 after buying an additional 364,728 shares during the last quarter. Headinvest LLC acquired a new stake in Reservoir Media during the third quarter valued at $40,000. Barclays PLC grew its position in Reservoir Media by 968.5% during the third quarter. Barclays PLC now owns 42,279 shares of the company’s stock valued at $258,000 after buying an additional 38,322 shares during the period. Exchange Traded Concepts LLC grew its position in Reservoir Media by 13.6% during the fourth quarter. Exchange Traded Concepts LLC now owns 44,629 shares of the company’s stock valued at $318,000 after buying an additional 5,328 shares during the period. Finally, SG Americas Securities LLC acquired a new stake in Reservoir Media during the fourth quarter valued at $79,000. Hedge funds and other institutional investors own 44.38% of the company’s stock.

Reservoir Media Company Profile

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.