FY2024 EPS Estimates for Full House Resorts Cut by B. Riley

Full House Resorts, Inc. (NASDAQ:FLLFree Report) – Equities research analysts at B. Riley reduced their FY2024 EPS estimates for Full House Resorts in a research note issued to investors on Thursday, November 7th. B. Riley analyst D. Bain now forecasts that the company will post earnings of ($1.07) per share for the year, down from their prior estimate of ($0.74). B. Riley has a “Buy” rating and a $8.00 price target on the stock. The consensus estimate for Full House Resorts’ current full-year earnings is ($1.07) per share. B. Riley also issued estimates for Full House Resorts’ Q4 2024 earnings at ($0.19) EPS, Q1 2025 earnings at ($0.12) EPS, Q2 2025 earnings at ($0.06) EPS, Q3 2025 earnings at ($0.03) EPS, Q4 2025 earnings at ($0.08) EPS and FY2025 earnings at ($0.30) EPS.

FLL has been the topic of a number of other research reports. Craig Hallum upgraded Full House Resorts to a “strong-buy” rating in a research report on Wednesday, September 4th. JMP Securities cut their price objective on Full House Resorts from $7.00 to $6.00 and set a “market outperform” rating for the company in a research report on Thursday, November 7th. One research analyst has rated the stock with a sell rating, one has issued a hold rating, two have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, Full House Resorts currently has a consensus rating of “Moderate Buy” and an average price target of $6.67.

Read Our Latest Stock Analysis on FLL

Full House Resorts Stock Performance

Shares of FLL opened at $5.02 on Monday. Full House Resorts has a 12-month low of $4.40 and a 12-month high of $5.98. The firm has a market capitalization of $178.71 million, a P/E ratio of -4.25 and a beta of 1.99. The firm has a 50-day moving average price of $5.00 and a 200 day moving average price of $5.05. The company has a current ratio of 0.81, a quick ratio of 0.78 and a debt-to-equity ratio of 7.88.

Insiders Place Their Bets

In related news, CEO Daniel R. Lee sold 24,512 shares of the firm’s stock in a transaction that occurred on Thursday, August 15th. The shares were sold at an average price of $5.04, for a total value of $123,540.48. Following the sale, the chief executive officer now owns 1,056,737 shares of the company’s stock, valued at $5,325,954.48. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, CEO Daniel R. Lee sold 8,954 shares of the stock in a transaction dated Friday, September 13th. The stock was sold at an average price of $5.08, for a total value of $45,486.32. Following the transaction, the chief executive officer now owns 1,588,880 shares in the company, valued at approximately $8,071,510.40. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Daniel R. Lee sold 24,512 shares of the firm’s stock in a transaction dated Thursday, August 15th. The stock was sold at an average price of $5.04, for a total value of $123,540.48. Following the sale, the chief executive officer now directly owns 1,056,737 shares in the company, valued at $5,325,954.48. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 150,041 shares of company stock worth $748,773 in the last quarter. 12.70% of the stock is owned by company insiders.

Institutional Investors Weigh In On Full House Resorts

Institutional investors and hedge funds have recently bought and sold shares of the stock. KG&L Capital Management LLC purchased a new stake in Full House Resorts in the third quarter valued at approximately $50,000. B. Riley Wealth Advisors Inc. purchased a new stake in Full House Resorts in the 2nd quarter valued at $50,000. Price T Rowe Associates Inc. MD purchased a new stake in Full House Resorts in the 1st quarter valued at $57,000. SG Americas Securities LLC acquired a new stake in Full House Resorts during the 3rd quarter worth $54,000. Finally, Aristeia Capital L.L.C. purchased a new position in Full House Resorts during the 2nd quarter worth $140,000. 37.68% of the stock is owned by hedge funds and other institutional investors.

Full House Resorts Company Profile

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Full House Resorts, Inc owns, leases, operates, develops, manages, and invests in casinos, and related hospitality and entertainment facilities in the United States. It operates through Midwest & South, West, and Contracted Sports Wagering segments. The company's properties include American Place in Waukegan, Illinois; Silver Slipper Casino and Hotel in Hancock County, Mississippi; Rising Star Casino Resort in Rising Sun, Indiana; Bronco Billy's Casino and Chamonix Casino Hotel in Cripple Creek, Colorado; Stockman's Casino in Fallon, Nevada; and Grand Lodge Casino, located within the Hyatt Regency Lake Tahoe Resort, Spa and Casino in Incline Village, Nevada.

Further Reading

Earnings History and Estimates for Full House Resorts (NASDAQ:FLL)

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