▲ +66.05% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for Drive Shack in the last 3 months. The average price target is $4.50, with a high forecast of $5.50 and a low forecast of $3.00. The average price target represents a 66.05% upside from the last price of $2.71.
The current consensus among 4 polled investment analysts is to buy stock in Drive Shack. This Buy consensus rating has held steady for over two years.
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.