Rush Street Interactive, Inc. (NYSE:RSI) Given Consensus Rating of “Moderate Buy” by Analysts

Rush Street Interactive, Inc. (NYSE:RSI) has been given a consensus rating of “Moderate Buy” by the thirteen ratings firms that are currently covering the company, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation, nine have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $29.25.

A number of research analysts have issued reports on RSI shares. Susquehanna upped their price target on shares of Rush Street Interactive from $25.00 to $29.00 and gave the company a “positive” rating in a research note on Wednesday, April 29th. JPMorgan Chase & Co. boosted their price objective on shares of Rush Street Interactive from $20.00 to $21.00 and gave the company a “neutral” rating in a report on Thursday, April 16th. Jefferies Financial Group upped their target price on Rush Street Interactive from $30.00 to $32.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. Freedom Capital upgraded Rush Street Interactive to a “strong-buy” rating in a research note on Wednesday, March 11th. Finally, Citigroup reaffirmed an “outperform” rating on shares of Rush Street Interactive in a research report on Wednesday, May 20th.

Rush Street Interactive Stock Performance

Shares of RSI stock opened at $27.57 on Wednesday. Rush Street Interactive has a fifty-two week low of $13.20 and a fifty-two week high of $29.24. The firm has a market capitalization of $6.41 billion, a price-to-earnings ratio of 88.93 and a beta of 1.58. The stock’s 50-day simple moving average is $25.07 and its 200-day simple moving average is $21.12.

Rush Street Interactive (NYSE:RSI) last announced its quarterly earnings data on Tuesday, April 28th. The company reported $0.14 EPS for the quarter, beating the consensus estimate of $0.12 by $0.02. The firm had revenue of $370.36 million during the quarter, compared to analyst estimates of $330.83 million. Rush Street Interactive had a net margin of 2.98% and a return on equity of 17.21%. Rush Street Interactive’s revenue was up 41.1% on a year-over-year basis. During the same period last year, the firm posted $0.09 EPS. As a group, equities analysts forecast that Rush Street Interactive will post 0.47 earnings per share for the current year.

Insider Transactions at Rush Street Interactive

In related news, CEO Richard Todd Schwartz sold 710,000 shares of the stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $24.96, for a total value of $17,721,600.00. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Chairman Neil Bluhm sold 1,371,150 shares of the firm’s stock in a transaction that occurred on Wednesday, May 6th. The stock was sold at an average price of $24.96, for a total transaction of $34,223,904.00. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 3,136,241 shares of company stock valued at $78,637,133. 52.89% of the stock is owned by company insiders.

Institutional Trading of Rush Street Interactive

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. New York State Teachers Retirement System raised its holdings in shares of Rush Street Interactive by 5.2% during the first quarter. New York State Teachers Retirement System now owns 8,441 shares of the company’s stock worth $184,000 after purchasing an additional 419 shares during the last quarter. Man Group plc boosted its holdings in Rush Street Interactive by 0.7% in the second quarter. Man Group plc now owns 89,535 shares of the company’s stock valued at $1,334,000 after purchasing an additional 654 shares during the last quarter. Cerity Partners LLC grew its position in Rush Street Interactive by 4.6% during the 4th quarter. Cerity Partners LLC now owns 23,675 shares of the company’s stock worth $460,000 after purchasing an additional 1,042 shares during the period. ProShare Advisors LLC grew its position in Rush Street Interactive by 10.3% during the 4th quarter. ProShare Advisors LLC now owns 16,740 shares of the company’s stock worth $325,000 after purchasing an additional 1,561 shares during the period. Finally, Diversified Trust Co. raised its stake in shares of Rush Street Interactive by 6.7% during the 4th quarter. Diversified Trust Co. now owns 28,864 shares of the company’s stock valued at $561,000 after buying an additional 1,815 shares during the last quarter. Institutional investors and hedge funds own 24.78% of the company’s stock.

Rush Street Interactive Company Profile

Rush Street Interactive (NYSE: RSI) is a digital gaming and sports betting company that develops and operates online wagering platforms in regulated markets. As a subsidiary of Rush Street Gaming, the company specializes in delivering interactive casino games, live dealer experiences, and sports betting services through desktop and mobile applications. Its technology infrastructure is designed to support real-time wagering, secure transactions, and responsible gaming tools across multiple jurisdictions.

The company’s flagship brand, BetRivers, offers a range of casino titles—including slots, table games, and virtual sports—alongside a comprehensive sportsbook featuring pre-game and in-play betting markets.