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Added to YB: 2026-02-04

Pitch date: 2026-01-30

RICK [bullish]

RCI Hospitality Holdings, Inc.

-4.15%

current return

Author Info

Ace River Capital is a concentrated, long-term fund focused on asymmetric risk/reward opportunities. Sign up for the newsletter.

Company Info

RCI Hospitality Holdings, Inc., through its subsidiaries, engages in the hospitality and related businesses in the United States.

Market Cap

$177.6M

Pitch Price

$24.10

Price Target

N/A

Dividend

1.23%

EV/EBITDA

4.88

P/E

12.22

EV/Sales

1.49

Sector

Hotels, Restaurants and Leisure

Category

special_situation

Show full summary:
Ace River Capital – Investor Update (Year-End 2025) - RCI Hospitality Holdings, Inc.

RICK (added to position): CEO/CFO stepped down after Sept bribery/tax charges drove 25% Q4 decline. Core business intact - cash flow continues, buybacks ongoing. Trades below real estate value, ignoring earnings power. 12% short interest compressing small float. Legal risks priced in, governance improved. Long-term thesis unchanged.

Read full article (1 min)