Full House Resorts (NASDAQ:FLL) Coverage Initiated at B. Riley

B. Riley started coverage on shares of Full House Resorts (NASDAQ:FLL) in a report published on Friday morning, StockNewsAPI reports. The firm issued a buy rating and a $9.00 price objective on the stock. B. Riley also issued estimates for Full House Resorts’ Q1 2025 earnings at $0.00 EPS, Q2 2025 earnings at $0.04 EPS, Q3 2025 earnings at $0.07 EPS, Q4 2025 earnings at $0.00 EPS and FY2025 earnings at $0.11 EPS.

FLL has been the topic of several other research reports. Macquarie downgraded shares of Full House Resorts from an outperform rating to a neutral rating and reduced their target price for the company from $8.00 to $6.00 in a research note on Wednesday, January 17th. JMP Securities reduced their price target on shares of Full House Resorts from $7.00 to $6.00 and set a market outperform rating on the stock in a research note on Wednesday, March 6th.

Full House Resorts Price Performance

Shares of NASDAQ:FLL opened at $5.34 on Friday. The company has a debt-to-equity ratio of 6.01, a quick ratio of 1.05 and a current ratio of 1.08. The firm has a fifty day moving average price of $5.12 and a 200 day moving average price of $4.93. Full House Resorts has a fifty-two week low of $3.40 and a fifty-two week high of $8.10. The firm has a market cap of $184.71 million, a price-to-earnings ratio of -7.42 and a beta of 1.98.

Full House Resorts (NASDAQ:FLL) last issued its earnings results on Tuesday, March 5th. The company reported ($0.36) earnings per share for the quarter. Full House Resorts had a negative return on equity of 29.22% and a negative net margin of 10.33%. The company had revenue of $60.03 million for the quarter.

Institutional Trading of Full House Resorts

Institutional investors have recently bought and sold shares of the stock. Wasatch Advisors LP increased its holdings in shares of Full House Resorts by 11.4% during the 1st quarter. Wasatch Advisors LP now owns 840,579 shares of the company’s stock valued at $4,682,000 after purchasing an additional 86,333 shares in the last quarter. Gamco Investors INC. ET AL boosted its stake in Full House Resorts by 15.1% during the 3rd quarter. Gamco Investors INC. ET AL now owns 543,900 shares of the company’s stock worth $2,322,000 after purchasing an additional 71,400 shares during the last quarter. Aristides Capital LLC boosted its position in shares of Full House Resorts by 133.3% during the 4th quarter. Aristides Capital LLC now owns 69,498 shares of the company’s stock valued at $373,000 after acquiring an additional 39,706 shares during the last quarter. Beach Point Capital Management LP boosted its position in shares of Full House Resorts by 4.0% during the 3rd quarter. Beach Point Capital Management LP now owns 714,213 shares of the company’s stock valued at $3,050,000 after acquiring an additional 27,499 shares during the last quarter. Finally, SG Americas Securities LLC purchased a new stake in Full House Resorts in the 4th quarter valued at about $78,000. 37.68% of the stock is currently owned by institutional investors and hedge funds.

About Full House Resorts

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.