Equities Analysts Set Expectations for FLL FY2024 Earnings

Full House Resorts, Inc. (NASDAQ:FLL) – Analysts at B. Riley dropped their FY2024 EPS estimates for shares of Full House Resorts in a report issued on Thursday, November 7th. B. Riley analyst D. Bain now anticipates that the company will post earnings of ($1.07) per share for the year, down from their previous estimate of ($0.74). B. Riley has a “Buy” rating and a $8.00 price objective 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 subject of a number of other research reports. Craig Hallum upgraded shares of Full House Resorts to a “strong-buy” rating in a research note on Wednesday, September 4th. JMP Securities cut their target price on shares of Full House Resorts from $7.00 to $6.00 and set a “market outperform” rating for the company in a research note on Thursday, November 7th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, two have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, Full House Resorts presently has a consensus rating of “Moderate Buy” and an average target price of $6.67.

Full House Resorts Trading Down 3.0 %

NASDAQ FLL opened at $4.87 on Monday. Full House Resorts has a 12 month low of $4.40 and a 12 month high of $5.98. The company has a current ratio of 0.81, a quick ratio of 0.78 and a debt-to-equity ratio of 7.88. The stock has a 50 day moving average of $4.99 and a 200-day moving average of $5.05. The company has a market cap of $173.38 million, a PE ratio of -4.19 and a beta of 1.99.

Institutional Investors Weigh In On Full House Resorts

Several institutional investors have recently made changes to their positions in FLL. Private Management Group Inc. bought a new stake in Full House Resorts during the third quarter worth about $2,957,000. Price T Rowe Associates Inc. MD bought a new stake in shares of Full House Resorts during the 1st quarter worth approximately $57,000. Dimensional Fund Advisors LP boosted its position in shares of Full House Resorts by 9.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 230,017 shares of the company’s stock worth $1,150,000 after acquiring an additional 19,802 shares in the last quarter. Panagora Asset Management Inc. increased its stake in Full House Resorts by 107.6% in the second quarter. Panagora Asset Management Inc. now owns 36,855 shares of the company’s stock valued at $184,000 after acquiring an additional 19,101 shares during the last quarter. Finally, SG Americas Securities LLC acquired a new position in Full House Resorts during the third quarter valued at approximately $54,000. 37.68% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, COO John Ferrucci sold 18,499 shares of the company’s stock in a transaction dated Thursday, August 15th. The shares were sold at an average price of $5.00, for a total value of $92,495.00. Following the transaction, the chief operating officer now owns 28,328 shares in the company, valued at approximately $141,640. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, COO John Ferrucci sold 18,499 shares of the business’s stock in a transaction on Thursday, August 15th. The stock was sold at an average price of $5.00, for a total value of $92,495.00. Following the completion of the sale, the chief operating officer now directly owns 28,328 shares in the company, valued at $141,640. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Daniel R. Lee sold 8,676 shares of the company’s stock in a transaction on Wednesday, September 18th. The shares were sold at an average price of $5.09, for a total value of $44,160.84. Following the completion of the transaction, the chief executive officer now directly owns 1,588,880 shares in the company, valued at approximately $8,087,399.20. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 150,041 shares of company stock valued at $748,773 over the last ninety days. 12.70% of the stock is currently owned by company insiders.

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.