Loading...

You're on the old version of Simply Wall St. We will no longer be supporting this site, so we recommend you switch to our brand new platform.

Drive Shack

NYSE:DS
Snowflake Description

High growth potential with worrying balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
DS
NYSE
$93M
Market Cap
  1. Home
  2. US
  3. Consumer Services
Company description

Drive Shack Inc. owns and operates golf-related leisure and entertainment venue business. The last earnings update was 34 days ago. More info.


Add to Portfolio Compare Print
  • Drive Shack has significant price volatility in the past 3 months.
DS Share Price and Events
7 Day Returns
-5.4%
NYSE:DS
-3.1%
US Hospitality
2.4%
US Market
1 Year Returns
-70.2%
NYSE:DS
-46.1%
US Hospitality
-10%
US Market
DS Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Drive Shack (DS) -5.4% -6.7% -64.4% -70.2% -65.4% -73.9%
US Hospitality -3.1% -31% -50.6% -46.1% -38% -36.3%
US Market 2.4% -11% -19.4% -10% 9.6% 21.1%
1 Year Return vs Industry and Market
  • DS underperformed the Hospitality industry which returned -46.1% over the past year.
  • DS underperformed the Market in United States of America which returned -10% over the past year.
Price Volatility
DS
Industry
5yr Volatility vs Market

Value

 Is Drive Shack undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Drive Shack. This is due to cash flow or dividend data being unavailable. The share price is $1.39.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Drive Shack's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Drive Shack's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NYSE:DS PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in USD $-0.90
NYSE:DS Share Price ** NYSE (2020-04-08) in USD $1.39
United States of America Hospitality Industry PE Ratio Median Figure of 64 Publicly-Listed Hospitality Companies 12.31x
United States of America Market PE Ratio Median Figure of 2,948 Publicly-Listed Companies 12.95x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Drive Shack.

NYSE:DS PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:DS Share Price ÷ EPS (both in USD)

= 1.39 ÷ -0.90

-1.54x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Drive Shack is loss making, we can't compare its value to the US Hospitality industry average.
  • Drive Shack is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Drive Shack's expected growth come at a high price?
Raw Data
NYSE:DS PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.54x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
44.4%per year
United States of America Hospitality Industry PEG Ratio Median Figure of 50 Publicly-Listed Hospitality Companies 0.65x
United States of America Market PEG Ratio Median Figure of 2,010 Publicly-Listed Companies 0.92x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Drive Shack, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Drive Shack's assets?
Raw Data
NYSE:DS PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in USD $0.06
NYSE:DS Share Price * NYSE (2020-04-08) in USD $1.39
United States of America Hospitality Industry PB Ratio Median Figure of 105 Publicly-Listed Hospitality Companies 1.3x
United States of America Market PB Ratio Median Figure of 5,162 Publicly-Listed Companies 1.26x
NYSE:DS PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:DS Share Price ÷ Book Value per Share (both in USD)

= 1.39 ÷ 0.06

23.35x

* Primary Listing of Drive Shack.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Drive Shack is overvalued based on assets compared to the US Hospitality industry average.
X
Value checks
We assess Drive Shack's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Hospitality industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Hospitality industry average (and greater than 0)? (1 check)
  5. Drive Shack has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Drive Shack expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
44.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Drive Shack expected to grow at an attractive rate?
  • Drive Shack's earnings growth is expected to exceed the low risk savings rate of 1.7%.
Growth vs Market Checks
  • Drive Shack's earnings growth is expected to exceed the United States of America market average.
  • Drive Shack's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NYSE:DS Future Growth Rates Data Sources
Data Point Source Value (per year)
NYSE:DS Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 44.4%
NYSE:DS Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 21.4%
United States of America Hospitality Industry Earnings Growth Rate Market Cap Weighted Average 16.4%
United States of America Hospitality Industry Revenue Growth Rate Market Cap Weighted Average 7.1%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.3%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NYSE:DS Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NYSE:DS Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 576 2 1
2022-12-31 488 -22 1
2021-12-31 344 -37 1
2020-12-31 263 -48 1
2020-04-09
NYSE:DS Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-12-31 272 -28 -60
2019-09-30 270 -15 -49
2019-06-30 282 -20 -51
2019-03-31 302 -14 -43
2018-12-31 314 -7 -44
2018-09-30 315 -19 -65
2018-06-30 310 -13 -51
2018-03-31 300 -18 -51
2017-12-31 293 -12 -48
2017-09-30 291 3 -43
2017-06-30 293 3 -23
2017-03-31 296 3 -15

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Drive Shack's earnings are expected to grow significantly at over 20% yearly.
  • Drive Shack's revenue is expected to grow significantly at over 20% yearly.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NYSE:DS Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Drive Shack Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:DS Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31 0.03 0.03 0.03 1.00
2022-12-31 -0.33 -0.33 -0.33 1.00
2021-12-31 -0.55 -0.55 -0.55 1.00
2020-12-31 -0.72 -0.72 -0.72 1.00
2020-04-09
NYSE:DS Past Financials Data
Date (Data in USD Millions) EPS *
2019-12-31 -0.90
2019-09-30 -0.73
2019-06-30 -0.76
2019-03-31 -0.64
2018-12-31 -0.66
2018-09-30 -0.97
2018-06-30 -0.76
2018-03-31 -0.76
2017-12-31 -0.71
2017-09-30 -0.65
2017-06-30 -0.34
2017-03-31 -0.22

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Drive Shack will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Drive Shack's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Drive Shack has a total score of 5/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Drive Shack performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Drive Shack's growth in the last year to its industry (Hospitality).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Drive Shack does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Drive Shack's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Drive Shack's 1-year growth to the US Hospitality industry average as it is not currently profitable.
Earnings and Revenue History
Drive Shack's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Drive Shack Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:DS Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 272.06 -60.43 52.84
2019-09-30 269.54 -48.67 48.81
2019-06-30 282.27 -50.72 44.50
2019-03-31 301.66 -42.57 41.95
2018-12-31 314.37 -44.26 38.74
2018-09-30 315.49 -64.83 38.59
2018-06-30 309.76 -51.22 38.24
2018-03-31 300.11 -51.12 36.89
2017-12-31 292.59 -47.78 36.71
2017-09-30 291.27 -43.41 33.59
2017-06-30 292.74 -22.63 30.12
2017-03-31 295.86 -14.87 26.87
2016-12-31 298.88 71.50 39.32
2016-09-30 208.19 87.44 25.87
2016-06-30 227.59 75.01 26.20
2016-03-31 269.77 89.85 27.20
2015-12-31 295.86 15.62 26.21
2015-09-30 402.24 13.22 22.63
2015-06-30 420.32 19.29 25.47
2015-03-31 449.41 41.83 27.36
2014-12-31 291.54 62.86 26.09
2014-09-30 401.04 122.92 38.84
2014-06-30 353.70 139.33 40.71
2014-03-31 275.68 126.64 40.03
2013-12-31 229.47 134.29 45.52
2013-09-30 287.19 118.91 46.85
2013-06-30 525.63 350.79 46.38

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Drive Shack has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Drive Shack has efficiently used its assets last year compared to the US Hospitality industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Drive Shack improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Drive Shack's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Hospitality industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Drive Shack has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Drive Shack's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Drive Shack's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Drive Shack's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Drive Shack's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Drive Shack's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.4x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Drive Shack Company Filings, last reported 3 months ago.

NYSE:DS Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 65.58 51.39 32.85
2019-09-30 83.66 51.39 30.21
2019-06-30 97.12 51.40 45.27
2019-03-31 110.06 51.40 55.21
2018-12-31 134.67 51.40 84.68
2018-09-30 138.97 152.34 111.56
2018-06-30 152.84 151.99 134.93
2018-03-31 158.48 151.66 144.73
2017-12-31 171.05 151.34 173.46
2017-09-30 196.31 151.02 187.61
2017-06-30 199.26 458.39 122.21
2017-03-31 203.84 461.02 132.17
2016-12-31 218.07 751.06 143.78
2016-09-30 257.65 1,334.89 141.09
2016-06-30 255.64 873.52 58.68
2016-03-31 252.76 856.25 39.58
2015-12-31 210.12 959.78 53.09
2015-09-30 223.81 959.52 38.96
2015-06-30 227.74 1,090.52 121.81
2015-03-31 246.60 1,279.17 63.36
2014-12-31 258.33 1,310.98 81.07
2014-09-30 950.18 2,142.41 267.68
2014-06-30 791.60 2,170.05 88.10
2014-03-31 805.48 2,417.73 133.14
2013-12-31 1,226.12 1,954.90 51.26
2013-09-30 864.98 2,058.97 92.13
2013-06-30 863.63 1,917.66 271.35
  • Drive Shack's level of debt (78.4%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (507.6% vs 78.4% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Unable to confirm if the interest payments on Drive Shack's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess Drive Shack's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Drive Shack has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Drive Shack's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Drive Shack dividends.
If you bought $2,000 of Drive Shack shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Drive Shack's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Drive Shack's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NYSE:DS Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
United States of America Hospitality Industry Average Dividend Yield Market Cap Weighted Average of 36 Stocks 5.8%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1935 Stocks 2.9%
United States of America Minimum Threshold Dividend Yield 10th Percentile 1.1%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.9%
United States of America Top 25% Dividend Yield 75th Percentile 5.5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NYSE:DS Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31
2020-12-31
2020-04-09
NYSE:DS Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2018-11-09 0.000 0.000
2018-11-08 0.000 0.000
2018-08-03 0.000 0.000
2018-05-04 0.000 0.000
2018-05-03 0.000 0.000
2018-03-14 0.000 0.000
2018-03-07 0.000 0.000
2017-11-01 0.000 0.000
2017-08-03 0.000 0.000
2017-08-02 0.000 0.000
2017-05-08 0.000 0.000
2017-05-05 0.000 0.000
2016-12-08 0.480 11.598
2016-10-14 0.480 10.673
2016-07-12 0.480 10.427
2016-03-29 0.480 10.806
2015-12-14 0.480 13.128
2015-09-21 0.480 10.528
2015-06-22 0.480 10.083
2015-03-16 0.480 9.458
2015-03-02 7.680 165.408
2014-12-22 1.920 42.789
2014-09-17 2.400 28.114
2014-06-13 2.400 8.669
2014-03-03 3.540 12.647
2014-02-28 3.540 12.153
2013-03-14 5.280 14.527
2012-12-19 5.280 8.645
2012-09-19 5.280 10.920
2012-06-13 4.800 11.090
2012-03-14 4.800 12.133
2011-12-20 3.600 11.316
2011-09-14 3.600 13.462
2011-06-17 2.400 7.407
2011-03-30 0.000 0.000
2010-09-29 0.000 0.000
2010-08-06 0.000 0.000
2010-08-05 0.000 0.000
2010-03-31 0.000 0.000
2009-12-18 0.000 0.000
2009-10-01 0.000 0.000
2009-07-01 0.000 0.000
2009-05-11 0.000 0.000
2009-05-08 0.000 0.000

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Drive Shack has not reported any payouts.
  • Unable to verify if Drive Shack's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Drive Shack's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Drive Shack has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Drive Shack's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Drive Shack afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Drive Shack has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Drive Shack's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Hana Khouri
TENURE AS CEO 0.4 years
CEO Bio

Ms. Hana Khouri has been Chief Executive Officer of Drive Shack Inc. since November 2019 and has been its President since August 2019. From 2013-2018 Ms. Khouri served in various roles including National Director of Operations and International Director of Operations. Previously, she served as National and International Director of Operations at Topgolf, a golf-themed entertainment company based in Dallas, Texas, which she joined in 2013. At Topgolf Ms. Khouri opened over 20 venues globally, including the company’s flagship venue in Las Vegas, and first international location in Australia. Ms. Khouri has extensive experience in the entertainment industry having also worked at House of Blues, a national chain of live music and entertainment venues, where she led efforts for city wide concerts and events and developed strategic Partnerships for the brand. Most recently, Ms. Khouri worked at New Fortress Energy serving as Chief of Staff to NFE Chief Executive Officer, Wes Edens.

CEO Compensation
  • Insufficient data for Hana to compare compensation growth.
  • Insufficient data for Hana to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Management Team

Lawrence Goodfield

TITLE
Interim CFO
COMPENSATION
$575K
AGE
40

Hana Khouri

TITLE
CEO & President
TENURE
0.4 yrs

Austin Pruitt

TITLE
Head of Investor Relations

Greg Hughes

TITLE
Executive Officer
AGE
55

Pete Briger

TITLE
Principal & the Co-Chairman of the Board of Directors - Fortress Investment Group LLC
AGE
55
TENURE
18.1 yrs

Nicholas Foley

TITLE
Secretary
Board of Directors Tenure

Average tenure and age of the Drive Shack board of directors in years:

3
Average Tenure
62
Average Age
  • The tenure for the Drive Shack board of directors is about average.
Board of Directors

Wes Edens

TITLE
Chairman
AGE
57
TENURE
17.8 yrs

Pete Briger

TITLE
Principal & the Co-Chairman of the Board of Directors - Fortress Investment Group LLC
AGE
55

Stuart McFarland

TITLE
Independent Director
COMPENSATION
$135K
AGE
72
TENURE
17.5 yrs

Cliff Press

TITLE
Independent Director
COMPENSATION
$130K
AGE
65
TENURE
4.2 yrs

Bill Clifford

TITLE
Independent Director
COMPENSATION
$125K
AGE
62
TENURE
1.8 yrs

Virgis Colbert

TITLE
Independent Director
AGE
79
TENURE
1 yrs

Ben Crane

TITLE
Independent Director
AGE
43
TENURE
1 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Drive Shack individual insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
13. Mar 20 Buy Wesley Edens Individual 11. Mar 20 13. Mar 20 1,751,955 $1.62 $2,638,828
13. Mar 20 Buy Lawrence Goodfield Individual 13. Mar 20 13. Mar 20 17,200 $1.52 $26,144
13. Mar 20 Buy Hana Khouri Individual 12. Mar 20 13. Mar 20 5,355 $1.49 $7,899
26. Dec 19 Buy Acacia Research Corporation Company 17. Dec 19 17. Dec 19 74,100 $3.73 $276,356
18. Nov 19 Buy Acacia Research Corporation Company 14. Nov 19 18. Nov 19 500,000 $4.18 $2,076,283
10. Jul 19 Buy Virgis Colbert Individual 24. May 19 24. May 19 5,000 $4.87 $24,350
X
Management checks
We assess Drive Shack's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Drive Shack has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Does The Drive Shack Inc. (NYSE:DS) Share Price Tend To Follow The Market?

(NYSE:DS), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … The fact that this is well above 1 indicates that its share price movements have shown sensitivity to overall market volatility. … What this means for you: Since Drive Shack tends to moves up when the market is going up, and down when it's going down, potential investors may wish to reflect on the overall market, when considering the stock.

Simply Wall St -

Is Drive Shack (NYSE:DS) Using Debt In A Risky Way?

Check out our latest analysis for Drive Shack How Much Debt Does Drive Shack Carry? … NYSE:DS Historical Debt, August 14th 2019 A Look At Drive Shack's Liabilities Zooming in on the latest balance sheet data, we can see that Drive Shack had liabilities of US$96.9m due within 12 months and liabilities of US$365.1m due beyond that. … Given this deficit is actually higher than the company's market capitalization of US$341.9m, we think shareholders really should watch Drive Shack's debt levels, like a parent watching their child ride a bike for the first time.

Simply Wall St -

Is This A Catalyst To Buy Drive Shack Inc. (NYSE:DS)?

With a negative free cash flow of -US$83.6m, Drive Shack is chipping away at its US$55m cash reserves in order to run its business. … One way to measure the cost to Drive Shack of keeping the business running, is by using free cash flow (which I define as cash flow from operations minus fixed capital investment). … Given the level of cash left in the bank, if Drive Shack maintained its cash burn rate of -US$83.6m, it could still run out of cash within the next few of months.

Simply Wall St -

Drive Shack (NYSE:DS) Shareholders Received A Total Return Of 18% In The Last Five Years

In the last five years Drive Shack saw its revenue shrink by 4.2% per year. … The share price fall of 31% (per year, over five years) is a stern reminder that money-losing companies are expected to grow revenue. … Drive Shack's TSR over the last 5 years is 18%; better than its share price return.

Simply Wall St -

What Percentage Of Drive Shack Inc. (NYSE:DS) Shares Do Insiders Own?

Check out our latest analysis for Drive Shack NYSE:DS Ownership Summary, June 12th 2019 What Does The Institutional Ownership Tell Us About Drive Shack? … As you can see, institutional investors own 59% of Drive Shack. … Insider Ownership Of Drive Shack While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders.

Simply Wall St -

How Does Investing In Drive Shack Inc. (NYSE:DS) Impact The Volatility Of Your Portfolio?

Modern finance theory considers volatility to be a measure of risk, and there are two main types of price volatility. … Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility). … A stock with a beta greater than one is more sensitive to broader market movements than a stock with a beta of less than one.

Simply Wall St -

Drive Shack (NYSE:DS) Shares Have Generated A Total Return Of 19% In The Last Five Years

Drive Shack isn't currently profitable, so most analysts would look to revenue growth to get an idea of how fast the underlying business is growing. … Generally speaking, companies without profits are expected to grow revenue every year, and at a good clip. … The share price fall of 31% (per year, over five years) is a stern reminder that money-losing companies are expected to grow revenue.

Simply Wall St -

Will You Be Burnt By Drive Shack Inc.'s (NYSE:DS) Cash Burn?

Selling new shares may dilute the value of existing shares on issue, and since Drive Shack is currently burning more cash than it is making, it’s likely the business will need funding for future growth. … Today I’ve examined Drive Shack’s financial data from its most recent earnings update, to roughly assess when the company may need to raise new capital. … The biggest threat facing Drive Shack investors is the company going out of business when it runs out of money and cannot raise any more capital.

Simply Wall St -

What Type Of Shareholder Owns Drive Shack Inc.'s (NYSE:DS)?

The big shareholder groups in Drive Shack Inc. … Drive Shack is not a large company by global standards. … Taking a look at our data on the ownership groups (below), it's seems that.

Simply Wall St -

Have Insiders Been Buying Drive Shack Inc. (NYSE:DS) Shares This Year?

We don't think shareholders should simply follow insider transactions. … Drive Shack Insider Transactions Over The Last Year. … That means that even when the share price was higher, an insider wanted to purchase shares.

Simply Wall St -

Company Info

Description

Drive Shack Inc. owns and operates golf-related leisure and entertainment venue business. It operates through Entertainment Golf Venues and Traditional Golf Properties segments. The Entertainment Golf Venues segment operates entertainment golf venues in Raleigh, North Carolina; Richmond, Virginia; and West Palm Beach, Florida. Its entertainment golf venues offer sports and social entertainment services with gaming and golf technology, a chef-inspired menu, and craft cocktails, as well as social events. The Traditional Golf Properties segment owns and operates golf properties in the United States. As of December 31, 2019, it owned, leased, or managed 59 properties in 9 states. Drive Shack Inc. also invests in loans and securities. The company was formerly known as Newcastle Investment Corp. and changed its name to Drive Shack Inc. in December 2016. Drive Shack Inc. was founded in 2002 and is headquartered in New York, New York.

Details
Name: Drive Shack Inc.
DS
Exchange: NYSE
Founded: 2002
$93,228,013
67,070,513
Website: http://www.driveshack.com
Address: Drive Shack Inc.
218 West 18th Street,
3rd Floor,
New York,
New York, 10011,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE DS Common Stock New York Stock Exchange US USD 10. Oct 2002
DB NCI2 Common Stock Deutsche Boerse AG DE EUR 10. Oct 2002
NYSE DS.PRB PFD SER B New York Stock Exchange US USD 19. Mar 2003
NYSE DS.PRC PFD SER C 8.05% New York Stock Exchange US USD 25. Oct 2005
NYSE DS.PRD PFD SER D 8.375% New York Stock Exchange US USD 15. Mar 2007
DB NCI1 COM NPV (POST REV SPLIT) Deutsche Boerse AG DE EUR 09. Apr 2020
Number of employees
Current staff
Staff numbers
4,658
Drive Shack employees.
Industry
Leisure Facilities
Consumer Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/09 02:32
End of day share price update: 2020/04/08 00:00
Last estimates confirmation: 2020/03/12
Last earnings filing: 2020/03/06
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.