How have RDI shares performed in 2023?

Reading International's stock was trading at $2.77 at the beginning of 2023. Since then, RDI shares have decreased by 35.0% and is now trading at $1.80. View the best growth stocks for 2023 here .

Are investors shorting Reading International?

Reading International saw a increase in short interest in November. As of November 15th, there was short interest totaling 101,300 shares, an increase of 23.7% from the October 31st total of 81,900 shares. Based on an average daily volume of 37,200 shares, the days-to-cover ratio is presently 2.7 days. Currently, 0.6% of the company's stock are short sold. View Reading International's Short Interest .

When is Reading International's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, April 1st 2024. View our RDI earnings forecast .

How were Reading International's earnings last quarter?

Reading International, Inc. (NASDAQ:RDI) announced its earnings results on Monday, April, 3rd. The company reported ($0.60) earnings per share for the quarter, missing the consensus estimate of ($0.34) by $0.26. The business had revenue of $47.20 million for the quarter. Reading International had a negative net margin of 14.03% and a negative trailing twelve-month return on equity of 61.81%.

What is James J. Cotter's approval rating as Reading International's CEO?

7 employees have rated Reading International Chief Executive Officer James J. Cotter on Glassdoor.com . James J. Cotter has an approval rating of 39% among the company's employees. This puts James J. Cotter in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Reading International own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Reading International investors own include AT&T (T) , SEASPAN CORP/SH SH (SSW) , B2Gold (BTG) , KeyCorp (KEY) , Pattern Energy Group (PEGI) , Huntington Bancshares (HBAN) , Kinder Morgan (KMI) , People's United Financial (PBCT) and Verizon Communications (VZ) .

Who are Reading International's major shareholders?

Reading International's stock is owned by a number of retail and institutional investors. Top institutional investors include Krilogy Financial LLC (7.97%), Wittenberg Investment Management Inc. (6.56%), Yacktman Asset Management LP (2.30%), Almitas Capital LLC (1.45%) and Teton Advisors Inc. (1.16%). Insiders that own company stock include Douglas James Mceachern, Edward Lewis Kane, Ellen M Cotter , James J Cotter Living Trust, Margaret Cotter , Mark Cuban and Robert F Smerling. View institutional ownership trends .

How do I buy shares of Reading International?

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

Reading International Stock Price, News & Analysis (NASDAQ:RDI)

$1.80

+0.09 (+5.26%)

(As of 11/28/2023 ET)

Compare

Today's Range: $1.73
▼
$1.85
50-Day Range: $1.71
▼
$2.24
52-Week Range: $1.71
▼
$3.72

Volume: 28,109 shs
Average Volume: 28,804 shs
Market Capitalization: $39.92 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: N/A

Reading International MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.60% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.93
Based on 3 Articles This Week
Insider Trading: Selling Shares
$80,135 Sold Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.81 out of 5 stars

Consumer Discretionary Sector

215th out of 270 stocks

Motion Picture Theaters Industry

3rd out of 4 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Reading International.

3.0

Short Interest

Percentage of Shares Shorted
0.60% of the float of Reading International has been sold short.
Short Interest Ratio / Days to Cover
Reading International has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Reading International has recently increased by 23.69%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

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

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for RDI.

3.3

News and Social Media Coverage

News Sentiment
Reading International has a news sentiment score of 0.93. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.64 average news sentiment score of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Reading International this week, compared to 0 articles on an average week.
MarketBeat Follows
1 people have added Reading International to their MarketBeat watchlist in the last 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Reading International insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $80,135.00 in company stock.
Percentage Held by Insiders
23.53% of the stock of Reading International is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
47.35% of the stock of Reading International is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Reading International is -1.27, 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 Reading International is -1.27, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Reading International has a P/B Ratio of 0.63. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Reading International Stock (NASDAQ:RDI)

Reading International, Inc., together with its subsidiaries, focuses on the ownership, development, and operation of entertainment and real property assets in the United States, Australia, and New Zealand. The company operates in two segments, Cinema Exhibition and Real Estate. The Cinema Exhibition segment operates multiplex cinemas. This segment operates its cinema exhibition businesses under the Reading Cinemas, Angelika Film Center, Consolidated Theatres, State Cinema, Event Cinemas, and Rialto Cinemas brands. The Real Estate segment develops, rents, or licenses retail, commercial, and live theater assets. Reading International, Inc. was incorporated in 1999 and is headquartered in New York, New York.

RDI Stock Price History

30 days | 90 days | 365 days | Advanced Chart

RDI Stock News Headlines

November 24, 2023 | americanbankingnews.com

Reading International (NASDAQ:RDI) Coverage Initiated by Analysts at StockNews.com

November 14, 2023 | finanznachrichten.de

Reading International Inc: Reading International Reports Third Quarter 2023 Results

November 28, 2023 | RYSE INC. (Ad)

Secure your stake in the Smart Home industry.

Last chance to invest in RYSE – the shade automation technology launching in over 100 Best Buy stores this month.

November 14, 2023 | msn.com

Reading International GAAP EPS of -$0.20, revenue of $66.56M

November 14, 2023 | benzinga.com

Reading Intl: Q3 Earnings Insights

November 14, 2023 | finance.yahoo.com

Reading International Reports Third Quarter 2023 Results

September 29, 2023 | finance.yahoo.com

Reading Cinemas in Australia announces the opening of its state-of-the-art Reading Cinemas Busselton

September 25, 2023 | finance.yahoo.com

Get an All-Access Pass to the Ultimate Concert Experience at Reading Cinemas

November 28, 2023 | RYSE INC. (Ad)

Secure your stake in the Smart Home industry.

Last chance to invest in RYSE – the shade automation technology launching in over 100 Best Buy stores this month.

September 25, 2023 | finance.yahoo.com

Get An All-Access Pass to the Ultimate Concert Experience at Angelika Film Centers

September 14, 2023 | latimes.com

Reading app recommendations

August 14, 2023 | finance.yahoo.com

Reading International Reports Second Quarter 2023 Results

August 4, 2023 | msn.com

'Barbie' rolls on with Turtles, Megalodon taking their turn at the movies

July 28, 2023 | msn.com

'Barbenheimer' racking up hundred-millions heading into second weekend

July 14, 2023 | msn.com

Is saving the 2023 summer box office an impossible mission?

April 11, 2023 | msn.com

'Super Mario Bros.' leaps to record $204M opening for long weekend

April 4, 2023 | msn.com

Reading Intl's Return On Capital Employed Overview

April 3, 2023 | msn.com

'Dungeons & Dragons' tops 'Wick' to lead box office with $38.5M

April 3, 2023 | finance.yahoo.com

Reading International Reports Fourth Quarter and Full Year 2022 Results

March 31, 2023 | msn.com

'Dungeons & Dragons' takes its game to the movie theaters

March 25, 2023 | msn.com

Strong previews point 'John Wick 4' toward $65M-plus opening at box office

February 27, 2023 | msn.com

'Ant-Man' crawls to another movie lead - but has to hold off a 'Cocaine Bear'

February 22, 2023 | uk.finance.yahoo.com

Reading International, Inc. (RDI)

February 21, 2023 | msn.com

'Ant-Man' sequel carries its weight with strong $120M long weekend

February 17, 2023 | msn.com

'Ant-Man' sequel hoping to picnic on outsized $100M at weekend box office

February 10, 2023 | msn.com

Eclectic movie mix wrestles for attention on football's weekend

January 30, 2023 | msn.com

Disney's 'Avatar 2' leads for seventh week, becomes global No. 4 all-time

See More Headlines

Receive RDI Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Reading International and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings: 4/03/2023
Today: 11/28/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 4/01/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Motion picture theaters
Sub-Industry: Movies & Entertainment
Sector: Consumer Discretionary
Current Symbol: NASDAQ:RDI
CUSIP: 75540810
CIK: 716634
Web: www.readingrdi.com
Phone: (213) 235-2240
Fax: 213-235-2229
Employees: 2,025
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): ($1.42)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-36,180,000.00
Net Margins: -14.03%
Pretax Margin: -14.58%
Return on Equity: -61.81%
Return on Assets: -5.65%

Debt

Debt-to-Equity Ratio: 3.94
Current Ratio: 0.28
Quick Ratio: 0.28

Sales & Book Value

Annual Sales: $203.12 million
Price / Sales: 0.20
Cash Flow: $0.49 per share
Price / Cash Flow: 3.68
Book Value: $2.86 per share
Price / Book: 0.63

Miscellaneous

Outstanding Shares: 22,180,000
Free Float: 16,963,000
Market Cap: $39.92 million
Optionable: Optionable
Beta: 1.59

12 Stocks Corporate Insiders are Abandoning

If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?

Get This Free Report

Key Executives

Ms. Margaret Cotter (Age 55)
Chairperson and Executive VP of Real Estate Management & Development
Comp: $464.78k
Ms. Ellen Marie Cotter (Age 57)
President, CEO & Vice Chairman
Comp: $602.58k
Mr. S. Craig Tompkins J.D. (Age 72)
Executive VP & General Counsel
Comp: $459.27k
Mr. Guy Wilkerson Adams (Age 72)
Lead Technology & Cyber Risk Director and Independent Director
Comp: $82.5k
Mr. Gilbert Avanes (Age 49)
CFO, Executive VP & Treasurer
Comp: $521.6k
Mr. Andrzej J. Matyczynski (Age 70)
Executive Vice President of Global Operations
Comp: $451.74k
Mr. Steven J. Lucas (Age 52)
Chief Accounting Officer, VP & Controller
Mr. John Goeddel (Age 60)
Executive VP & Chief Information Officer
Mr. Robert F. Smerling (Age 88)
President of US Cinemas
Comp: $558.69k
Mr. Mark D. Douglas (Age 53)
Managing Director of Australia & New Zealand

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

RDI Stock Analysis - Frequently Asked Questions

How have RDI shares performed in 2023?: Reading International's stock was trading at $2.77 at the beginning of 2023. Since then, RDI shares have decreased by 35.0% and is now trading at $1.80.
View the best growth stocks for 2023 here.
Are investors shorting Reading International?: Reading International saw a increase in short interest in November. As of November 15th, there was short interest totaling 101,300 shares, an increase of 23.7% from the October 31st total of 81,900 shares. Based on an average daily volume of 37,200 shares, the days-to-cover ratio is presently 2.7 days. Currently, 0.6% of the company's stock are short sold.
View Reading International's Short Interest.
When is Reading International's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, April 1st 2024.
View our RDI earnings forecast.
How were Reading International's earnings last quarter?: Reading International, Inc. (NASDAQ:RDI) announced its earnings results on Monday, April, 3rd. The company reported ($0.60) earnings per share for the quarter, missing the consensus estimate of ($0.34) by $0.26. The business had revenue of $47.20 million for the quarter. Reading International had a negative net margin of 14.03% and a negative trailing twelve-month return on equity of 61.81%.

What is James J. Cotter's approval rating as Reading International's CEO?: 7 employees have rated Reading International Chief Executive Officer James J. Cotter on Glassdoor.com. James J. Cotter has an approval rating of 39% among the company's employees. This puts James J. Cotter in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of Reading International own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Reading International investors own include AT&T (T), SEASPAN CORP/SH SH (SSW), B2Gold (BTG), KeyCorp (KEY), Pattern Energy Group (PEGI), Huntington Bancshares (HBAN), Kinder Morgan (KMI), People's United Financial (PBCT) and Verizon Communications (VZ).
Who are Reading International's major shareholders?: Reading International's stock is owned by a number of retail and institutional investors. Top institutional investors include Krilogy Financial LLC (7.97%), Wittenberg Investment Management Inc. (6.56%), Yacktman Asset Management LP (2.30%), Almitas Capital LLC (1.45%) and Teton Advisors Inc. (1.16%). Insiders that own company stock include Douglas James Mceachern, Edward Lewis Kane, Ellen M Cotter, James J Cotter Living Trust, Margaret Cotter, Mark Cuban and Robert F Smerling.
View institutional ownership trends.
How do I buy shares of Reading International?: Shares of RDI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:RDI) was last updated on 11/28/2023 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial