NASDAQ:MARKRemark Stock Price, Forecast & News

$2.64

-0.33 (-11.11 %)

(As of 05/29/2020 04:00 PM ET)

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Today's Range

$2.33

Now: $2.64▼

$2.95

50-Day Range

$0.37

MA: $1.01▼

$3.40

52-Week Range

$0.25

Now: $2.64▼

$3.56

Volume43.98 million shs

Average Volume19.18 million shs

Market Capitalization$174.43 million

P/E RatioN/A

Dividend YieldN/A

Beta2.04

Remark Holdings, Inc., technology-focused company, develops and deploys artificial intelligence (AI) products and AI-based solutions for businesses in various industries worldwide. It operates through two segments, Travel & Entertainment, and Technology & Data Intelligence. The company operates KanKan, a data intelligence platform that offers AI-based vision products, computing devices, and software-as-a-service products for the financial, retail, entertainment, education, and workplace and public safety industries. It also owns and operates various digital media properties that deliver content in various verticals, including travel and entertainment, such as lodging, air travel, show tickets, and tours through Vegas.com and its related Websites comprising LasVegas.com, as well as mobile applications and retail locations; and young adult lifestyle that includes Bikini.com, an e-commerce Website, which sells swimwear and accessories. In addition, the company sells financial-technology products and services, as well as advertising services through its Websites. The company was formerly known as Remark Media, Inc. and changed its name to Remark Holdings, Inc. in April 2017. Remark Holdings, Inc. was founded in 2006 and is headquartered in Las Vegas, Nevada.

Beat the Market (BTM) Rank^™

3.5 Analyst's Opinion

Consensus Rating
Remark has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $5.00, Remark has a potential upside of 89.4% from its current price of $2.64.
Amount of Analyst Coverage
Remark has received no research coverage in the past 90 days.

2.6 Community Rank

Outperform Votes
Remark has received 229 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Remark has received 214 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Remark has received 51.69% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Remark and other stocks. Vote “Outperform” if you believe MARK will outperform the S&P 500 over the long term. Vote “Underperform” if you believe MARK will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Remark does not currently pay a dividend.
Dividend Growth
Remark does not have a long track record of dividend growth.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Remark insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 24.10% of the stock of Remark is held by insiders.
Percentage Held by Institutions
Only 9.21% of the stock of Remark is held by institutions.

0.6 Earnings and Valuation

Earnings Growth
Earnings for Remark are expected to grow in the coming year, from ($0.48) to $0.00 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Remark is -4.47, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Remark is -4.47, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Overall Beat the Market Rank^™

1.35 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Communication services, not elsewhere classified

Sub-IndustryN/A

SectorComputer and Technology

Current SymbolNASDAQ:MARK

Previous Symbol

CUSIPN/A

CIK1368365

Webwww.remarkholdings.com

Phone702-701-9514

Debt

Debt-to-Equity RatioN/A

Current Ratio0.30

Quick Ratio0.30

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$79.11 million

Price / Sales2.20

Cash FlowN/A

Price / Cash FlowN/A

Book Value($0.40) per share

Price / Book-6.60

Profitability

EPS (Most Recent Fiscal Year)N/A

Net Income$-21,560,000.00

Net Margins-52.24%

Return on EquityN/A

Return on Assets-47.92%

Miscellaneous

Employees290

Outstanding Shares66,073,000

Market Cap$174.43 million

Next Earnings Date6/4/2020 (Estimated)

OptionableOptionable

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Remark (NASDAQ:MARK) Frequently Asked Questions

How has Remark's stock been impacted by COVID-19 (Coronavirus)?

Remark's stock was trading at $0.45 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, MARK stock has increased by 486.7% and is now trading at $2.64. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Remark?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Remark in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Remark.

When is Remark's next earnings date?

Remark is scheduled to release its next quarterly earnings announcement on Thursday, June 4th 2020. View our earnings forecast for Remark.

How were Remark's earnings last quarter?

Remark Holdings Inc (NASDAQ:MARK) issued its earnings results on Thursday, May, 28th. The information services provider reported ($0.20) earnings per share for the quarter, missing the consensus estimate of ($0.09) by $0.11. View Remark's earnings history.

What price target have analysts set for MARK?

1 brokers have issued twelve-month price targets for Remark's stock. Their forecasts range from $5.00 to $5.00. On average, they expect Remark's stock price to reach $5.00 in the next year. This suggests a possible upside of 89.4% from the stock's current price. View analysts' price targets for Remark.

Has Remark been receiving favorable news coverage?

News coverage about MARK stock has been trending somewhat positive this week, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Remark earned a media sentiment score of 1.8 on InfoTrie's scale. They also assigned news coverage about the information services provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View the latest news aboutRemark.

Are investors shorting Remark?

Remark saw a drop in short interest during the month of May. As of May 15th, there was short interest totaling 6,580,000 shares, a drop of 5.5% from the April 30th total of 6,960,000 shares. Based on an average daily volume of 17,380,000 shares, the short-interest ratio is presently 0.4 days. Currently, 16.6% of the shares of the company are short sold. View Remark's Current Options Chain.

Who are some of Remark's key competitors?

Some companies that are related to Remark include Calix (CALX), Boingo Wireless (WIFI), ORBCOMM (ORBC), Gogo (GOGO), B Communications (BCOM), Intelsat (I), RigNet (RNET), Lithium Co.. (LTUM), Global Eagle Entertainment (ENT), Dropcar (DCAR), Plaintree Systems (PTEEF), Directview (DIRV), China Teletech (CNCT), Towerstream (TWER) and RadioIO (RAIO). View all competitors.

What other stocks do shareholders of Remark own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Remark investors own include Amplify Energy (AMPY), Amplify Energy (AMPY), Titan Pharmaceuticals (TTNP), Microvision (MVIS), OrganiGram (OGI), Matinas BioPharma (MTNB), Nokia Oyj (NOK), Seanergy Maritime (SHIP), Ekso Bionics (EKSO) and Heat Biologics (HTBX).

Who are Remark's key executives?

Remark's management team includes the following people:

Mr. Kai-Shing Tao, Chairman & CEO (Age 42)
Ms. Alison Davidson, Interim Chief Financial Officer (Age 43)
Mr. Colton Krueger, Investor Relations Contact, The Plunkett Group, Inc.
Mr. Wei Zhou, Pres & CEO of INTAC (Age 40)

What is Remark's stock symbol?

Remark trades on the NASDAQ under the ticker symbol "MARK."

Who are Remark's major shareholders?

Remark's stock is owned by many different institutional and retail investors. Top institutional shareholders include Cutter & CO Brokerage Inc. (1.65%) and Cannell Peter B & Co. Inc. (0.66%). View institutional ownership trends for Remark.

Which major investors are buying Remark stock?

MARK stock was purchased by a variety of institutional investors in the last quarter, including Cutter & CO Brokerage Inc., and Cannell Peter B & Co. Inc.. View insider buying and selling activity for Remark.

How do I buy shares of Remark?

Shares of MARK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Remark's stock price today?

One share of MARK stock can currently be purchased for approximately $2.64.

How big of a company is Remark?

Remark has a market capitalization of $174.43 million and generates $79.11 million in revenue each year. Remark employs 290 workers across the globe.

What is Remark's official website?

The official website for Remark is www.remarkholdings.com.

How can I contact Remark?

Remark's mailing address is 3960 HOWARD HUGHES PARKWAY SUITE 900, LAS VEGAS NV, 89169. The information services provider can be reached via phone at 702-701-9514 or via email at [email protected]

This page was last updated on 5/29/2020 by MarketBeat.com Staff