Drive Shack Inc. (DSHK)
Drive Shack Inc. operates in the Leisure industry of the Consumer Cyclical sector, headquartered in Dallas, TX, US. The stock last traded at $10.50, up 1.49% on the session, giving a market capitalisation of $9.7M. On trailing twelve-month figures it carries a trailing P/E of -1.31, a net margin of -5.5%. Its beta of 2.53 implies it has historically moved more than the broad market.
Drive Shack Inc. is a company dedicated to the ownership and operation of golf-focused leisure and entertainment establishments. Its business activities are structured into three primary divisions: Entertainment Golf Venues, Traditional Golf Properties, and Corporate. The Entertainment Golf Venues segment is responsible for recreational golf destinations that blend advanced gaming and golf technology with a premium culinary experience, handcrafted beverages, and various social gatherings. This division also manages Puttery, an indoor concept designed for social entertainment. These venues, either owned or leased, are strategically positioned in numerous states, with locations spanning Orlando and West Palm Beach, Florida; Raleigh and Charlotte, North Carolina; Richmond, Virginia; The Colony and Houston, Texas; Washington, D.C.; and Chicago, Illinois. Conversely, the Traditional Golf Properties segment oversees the operation of conventional golf courses and country clubs across the United States. The Corporate segment is centered on the company's financial investments, including securities and other assets, as well as executive management functions. Drive Shack Inc. was established in 2002 and is headquartered in Dallas, Texas. The company changed its name from Newcastle Investment Corp. to Drive Shack Inc. in December 2016.
Drive Shack Inc. is most often compared with the following Consumer Cyclical names: