rts logo

Rush Street Interactive Inc (RSI) – Don’t Be So Quick to Call it Dead

Rush Street Interactive Inc (NYSE: RSI) is -9.33% lower on its value in year-to-date trading and has touched a low of $8.29 and a high of $16.78 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The RSI stock was last observed hovering at around $12.15 in the last trading session, with the day’s gains setting it 0.29%.

Currently trading at $12.44, the stock is 4.78% and 10.20% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.88 million and changing 2.39% at the moment leaves the stock 5.25% off its SMA200. RSI registered 47.39% gain for a year compared to 6-month gain of 14.13%.

The stock witnessed a 4.89% loss in the last 1 month and extending the period to 3 months gives it a -19.64%, and is 6.23% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.83% over the week and 4.13% over the month.

Rush Street Interactive Inc (RSI) has around 883 employees, a market worth around $2.85B and $969.06M in sales. Current P/E ratio is 160.72 and Fwd P/E is 28.82. Profit margin for the company is 0.87%. Distance from 52-week low is 50.06% and -25.85% from its 52-week high. The company has generated returns on investments over the last 12 months (8.83%).

The EPS is expected to grow by 66.72% this year

The shares outstanding are 95.01M, and float is at 86.61M with Short Float at 10.80%.

The top institutional shareholder in the company is HG VORA CAPITAL MANAGEMENT, LLC with over 7.0 million shares valued at $67.13 million. The investor’s holdings represent 8.7446 of the RSI Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 6.74 million shares valued at $64.68 million to account for 8.4261 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 5.71 million shares representing 7.1293 and valued at over $54.73 million, while DIVISADERO STREET CAPITAL MANAGEMENT, LP holds 4.7573 of the shares totaling 3.81 million with a market value of $36.52 million.

Rush Street Interactive Inc (RSI) Insider Activity

Rush Street Interactive Inc disclosed in a document filed with the SEC on May 08 ’25 that SCHWARTZ RICHARD TODD (Chief Executive Officer) sold a total of 106,952 shares of the company’s common stock. The trade occurred on May 08 ’25 and was made at $11.86 per share for $1.27 million. Following the transaction, the insider now directly holds 1.49 million shares of the RSI stock.

Still, SEC filings show that on May 09 ’25, SCHWARTZ RICHARD TODD (Chief Executive Officer) disposed off 86,953 shares at an average price of $11.72 for $1.02 million. The insider now directly holds 1,405,281 shares of Rush Street Interactive Inc (RSI).

Related Posts