|Bid||23.11 x 800|
|Ask||23.17 x 1400|
|Day's Range||22.86 - 23.25|
|52 Week Range||20.35 - 33.98|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||11.91|
|Forward Dividend & Yield||0.40 (1.77%)|
|1y Target Est||27.00|
Twin River Worldwide Holdings, Inc. (TRWH) (the “Company”) announced that its Board of Directors has approved a quarterly cash dividend of $0.10 per share on the issued and outstanding common stock. The Company expects the total cost of the dividend to be approximately $3.5 million based on shares outstanding of 34.6 million as of September 30, 2019. For the next quarterly dividend cycle, the Company intends to adopt a more traditional calendar for the consideration, declaration and payment of a quarterly dividend, such as following the Company’s quarterly or annual financial reporting.
PROVIDENCE, R.I., Sept. 18, 2019 /PRNewswire/ -- Twin River Management Group (TRMG), in partnership with Camelot Lottery Solutions (Camelot), an international lottery company, has submitted to the offices of the Governor, Speaker of the House and Senate President a competing proposal to operate the State's lottery system that, among other things, provides 1,100 jobs backed by a $100 million guarantee, saves the State and its taxpayers approximately $500 million in fees, invests $75 million in development and improvements including a new 50,000 square foot corporate headquarters in the state, and would limit the control of the casino slot floor to the current state law of 50 percent. The proposal was developed to provide for a public, open bid process, one in where the State solicits proposals from interested vendors in order to secure the best deal, rather than simply renewing the existing billion dollar contract with IGT for a period of 20 years.
Executive Vice President, CFO of Twin River Worldwide Holdings Inc (30-Year Financial, Insider Trades) Stephen H Capp (insider trades) bought 9,000 shares of TRWH on 08/23/2019 at an average price of $21.95 a share. Continue reading...
Investment company Invesco Senior Secured Management Inc (Current Portfolio) buys Clear Channel Outdoor Holdings Inc, Twin River Worldwide Holdings Inc during the 3-months ended 2019Q2, according to the most recent filings of the investment company, Invesco Senior Secured Management Inc . Continue reading...
ROBUST SECOND QUARTER RESULTS; DOVER AND TIVERTON VALIDATE M&A STRATEGY PROVIDENCE, R.I. , Aug. 12, 2019 /PRNewswire/ -- Twin River Worldwide Holdings, Inc. (NYSE: TRWH) (the "Company", "Twin ...
NEW YORK, NY / ACCESSWIRE / August 12, 2019 / Twin River Worldwide Holdings, Inc. (NYSE: TRWH ) will be discussing their earnings results in their 2019 Second Quarter Earnings to be held on August 12, ...
PROVIDENCE, R.I. , July 31, 2019 /PRNewswire/ -- Twin River Worldwide Holdings, Inc. (NYSE: TRWH) today announced the final results of its modified Dutch auction tender offer (the "Offer"), which ...
PROVIDENCE, R.I. , July 30, 2019 /PRNewswire/ -- Twin River Worldwide Holdings, Inc. (NYSE: TRWH) (the "Company") will release financial results for the second quarter 2019 prior to market opening ...
PROVIDENCE, R.I., July 29, 2019 /PRNewswire/ -- Twin River Worldwide Holdings, Inc. (TRWH) today announced the preliminary results of its modified Dutch auction tender offer (the "Offer"), which expired on July 26, 2019. In accordance with the terms of the Offer and based on the preliminary count by the Depositary, Twin River expects to accept for payment and pay for an aggregate of approximately 2,542,373 Shares at a Purchase Price of $29.50 per Share. Shares will be accepted for purchase on a pro rata basis, and the preliminary proration factor, after giving effect to the priority for odd lot Shares, is expected to be 6.159%. The Shares expected to be accepted for payment represent approximately 6.19% of outstanding Shares.
PROVIDENCE, R.I., July 22, 2019 /PRNewswire/ -- Twin River Worldwide Holdings, Inc. (TRWH) ("Twin River") announced preliminary estimates of operating results for the quarter ended June 30, 2019. Twin River has not yet finalized its accounting for this period, and its June 30, 2019 consolidated financial statements are not expected to be available until after Twin River's modified Dutch auction tender offer ("Offer") is completed. Twin River expects to release its final results of operations for the second quarter during the second full week of August.
PROVIDENCE, R.I. , July 15, 2019 /PRNewswire/ -- Twin River Worldwide Holdings, Inc. (NYSE: TRWH) announced that Standard General has informed the Company that it will tender 13,083,391 Shares in the Company's ...
Twin River separately announced that it had entered into a definitive agreement with Eldorado Resorts to acquire the Isle of Capri Casino Kansas City in Kansas City, Missouri and the Lady Luck Casino Vicksburg in Vicksburg, Mississippi for $230 million, subject to adjustment. This press release and attachment have been filed with the Securities and Exchange Commission on Schedule TO and amend the Offer to Purchase and the Letter of Transmittal to the extent so set forth. Twin River also filed a Current Report on Form 8-K about the proposed acquisition, which includes a copy of the press release announcing the transaction. All of Twin River's SEC documents are also available on Twin River's website (www.twinriverwwholdings.com).
Twin River Worldwide Holdings (NYSE: TRWH ) will acquire two casinos from Eldorado Resorts (NASDAQ: ERI ) in a cash transaction for $230 million. The two casino operations are the real estate of Isle ...
PROVIDENCE, R.I., July 11, 2019 /PRNewswire/ -- Twin River Worldwide Holdings, Inc. (TRWH) ("TRWH" or the "Company") announced today that it has entered into a definitive agreement to acquire the operations and real estate of Isle of Capri Casino Kansas City in Kansas City, Missouri ("Isle Kansas City") and Lady Luck Casino Vicksburg in Vicksburg, Mississippi ("Lady Luck Vicksburg") from Eldorado Resorts, Inc. (ERI), in a cash transaction for $230 million, subject to certain customary post-closing adjustments.
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LINCOLN, R.I., June 25, 2019 /PRNewswire/ -- Twin River Worldwide Holdings, Inc. (TRWH) ("Twin River") today announced that it has commenced a modified "Dutch auction" tender offer to purchase shares of its common stock for cash at a price per share of not less than $29.50 nor greater than $33.00 in increments of $0.25 for a maximum aggregate purchase price of no more than $75 million. The tender offer, which will be funded with cash on hand, begins today and will expire at 5:00 p.m., New York City time, on July 24, 2019, unless extended or earlier terminated by Twin River. When the tender offer expires, Twin River will determine the lowest price per share within the range specified above that will enable it to purchase the maximum number of shares of its common stock having an aggregate purchase price not exceeding $75 million. All shares accepted in the tender offer will be purchased at the same price, which may be higher or lower than the market price immediately prior to or during the tender offer. If the tender offer is fully subscribed, then shares of common stock representing between approximately 5.5% to 6.2% of Twin River's issued and outstanding shares will be purchased, depending on the purchase price payable in the tender offer.
LINCOLN, R.I., June 20, 2019 /PRNewswire/ -- Twin River Worldwide Holdings, Inc. (NYSE: TRWH) announced today that, because of the withdrawal by selling shareholders, its previously announced proposed ...
LINCOLN, R.I., June 14, 2019 /PRNewswire/ -- Twin River Worldwide Holdings, Inc. (TRWH) announced today that it had filed a registration statement with the Securities and Exchange Commission relating to a possible underwritten secondary offering of its common stock by Twin River shareholders. Twin River is not offering any shares of its common stock in the offering and will not receive any proceeds from the offering if completed. The number of shares to be offered and the selling stockholders have not been finalized at this time but will include shares held by selling stockholders, if any, included in an amendment to the registration statement expected to be filed next week.
LINCOLN, R.I., June 14, 2019 /PRNewswire/ -- Twin River Worldwide Holdings, Inc. (TRWH) announced today that its Board of Directors approved a capital return program under which Twin River may expend a total of up to $250 million for a stock repurchase program and payment of dividends. The Company also announced that it had initiated a quarterly dividend. Stock repurchases may be effected in various ways, which could include open-market or private repurchase transactions, accelerated stock repurchase programs, tender offers or other transactions.
PROVIDENCE, R.I. , May 28, 2019 /PRNewswire/ -- Twin River Worldwide Holdings, Inc. (NYSE: TRWH) has selected 100 Westminster Street Providence, Rhode Island as its new corporate headquarters. According ...
Omega Advisors is an NYC-based hedge fund that was launched back in 1991 by now renowned investor and billionaire, Leon Cooperman. The fund utilizes a long/short investment strategy and at the end of June 2018, it managed around $3.6 billion in assets. Last year, Leon Cooperman announced it is planning to close Omega Advisors’ doors […]
LINCOLN, R.I. , May 22, 2019 /PRNewswire/ -- Twin River Worldwide Holdings, Inc. is pleased to announce that Wanda Y. Wilson joined the Twin River Board of Directors. Ms. Wilson currently serves as the ...