NASDAQ:RDI

Reading International (RDI) Stock Forecast, Price & News

$2.24

0.00 (0.00%)

(As of 09/21/2023 ET)

Compare

Today's Range: $2.19
▼
$2.29
50-Day Range: $2.17
▼
$2.70
52-Week Range: $2.17
▼
$3.98

Volume: 1,295 shs
Average Volume: 21,177 shs
Market Capitalization: $49.68 million

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

Reading International MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.48% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: -0.25
Based on 2 Articles This Week
Insider Trading: Selling Shares
$398,354 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.

1.29 out of 5 stars

Consumer Discretionary Sector

260th out of 269 stocks

Motion Picture Theaters Industry

4th 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
0.48% 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, 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 10.84%, 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.

1.0

News and Social Media Coverage

News Sentiment
Reading International has a news sentiment score of -0.25. 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 lower news sentiment than the 0.56 average news sentiment score of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Reading International this week, compared to 0 articles on an average week.

2.5

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 $398,354.00 in company stock.
Percentage Held by Insiders
11.00% 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 -1.54, 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 -1.54, 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 0.78. 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 (NASDAQ:RDI) Stock

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 Price History

30 days | 90 days | 365 days | Advanced Chart

RDI Stock News Headlines

September 21, 2023 | americanbankingnews.com

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

September 14, 2023 | latimes.com

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September 14, 2023 | americanbankingnews.com

Reading International (NASDAQ:RDI) Now Covered by Analysts at StockNews.com

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?

September 22, 2023 | Investor Place Media (Ad)

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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

January 17, 2023 | msn.com

'Avatar' sequel, AI horror hit charge forward at holiday box office

January 14, 2023 | reuters.com

RDI.PH - | Stock Price & Latest News | Reuters

January 13, 2023 | forbes.com

Reading Intl

December 30, 2022 | msn.com

'Avatar' sequel set to roll on, claiming year's overseas box-office crown

December 28, 2022 | msn.com

'Avatar' sequel crosses $1B in global grosses in two weeks

November 13, 2022 | seekingalpha.com

Reading International, Inc. (RDI) Q3 2022 Earnings Call Transcript

See More Headlines

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RDI Company Calendar

Last Earnings: 8/14/2023
Today: 9/22/2023
Next Earnings (Estimated): 11/08/2023
Fiscal Year End: 12/31/2023

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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): ($1.45)
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: -15.43%
Pretax Margin: -16.32%
Return on Equity: -55.89%
Return on Assets: -5.64%

Debt

Debt-to-Equity Ratio: 3.45
Current Ratio: 0.31
Quick Ratio: 0.31

Sales & Book Value

Annual Sales: $203.12 million
Price / Sales: 0.24
Cash Flow: $0.49 per share
Price / Cash Flow: 4.59
Book Value: $2.86 per share
Price / Book: 0.78

Miscellaneous

Outstanding Shares: 22,180,000
Free Float: 19,742,000
Market Cap: $49.68 million
Optionable: Optionable
Beta: 1.56

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Key Executives

Ms. Margaret Cotter (Age 55)
Chairperson and Exec. VP of Real Estate Management & Devel.
Comp: $464.78k

Ms. Ellen Marie Cotter (Age 57)
Pres, CEO & Vice Chairman
Comp: $602.58k

Mr. S. Craig Tompkins J.D. (Age 72)
Exec. VP & Gen. 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, Exec. VP & Treasurer

Mr. Andrzej J. Matyczynski (Age 70)
Exec. VP of Global Operations

Mr. Steven J. Lucas (Age 52)
Chief Accounting Officer, VP & Controller

Mr. John Goeddel (Age 60)
Exec. VP & Chief Information Officer

Mr. Robert F. Smerling (Age 88)
Pres of US Cinemas

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 - Frequently Asked Questions

How have RDI shares performed in 2023?: Reading International's stock was trading at $2.77 at the beginning of the year. Since then, RDI shares have decreased by 19.1% and is now trading at $2.24.
View the best growth stocks for 2023 here.
When is Reading International's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 8th 2023.
View our RDI earnings forecast.
How were Reading International's earnings last quarter?: Reading International, Inc. (NASDAQ:RDI) issued its quarterly earnings results on Monday, August, 14th. The company reported ($0.12) earnings per share for the quarter. The company had revenue of $65.06 million for the quarter. Reading International had a negative net margin of 15.43% and a negative trailing twelve-month return on equity of 55.89%.
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).
What is Reading International's stock symbol?: Reading International trades on the NASDAQ under the ticker symbol "RDI."

Who are Reading International's major shareholders?: Reading International's stock is owned by a variety of institutional and retail investors. Top institutional investors include Krilogy Financial LLC (7.37%), Wittenberg Investment Management Inc. (6.44%), Dimensional Fund Advisors LP (2.87%), Renaissance Technologies LLC (2.65%), Yacktman Asset Management LP (2.34%) and Gamco Investors INC. ET AL (1.20%). 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.
What is Reading International's stock price today?: One share of RDI stock can currently be purchased for approximately $2.24.
How much money does Reading International make?: Reading International (NASDAQ:RDI) has a market capitalization of $49.68 million and generates $203.12 million in revenue each year. The company earns $-36,180,000.00 in net income (profit) each year or ($1.45) on an earnings per share basis.
How many employees does Reading International have?: The company employs 2,025 workers across the globe.
How can I contact Reading International?: Reading International's mailing address is 5995 SEPULVEDA BOULEVARD SUITE 300, CULVER CITY CA, 90230. The official website for the company is www.readingrdi.com. The company can be reached via phone at (213) 235-2240, via email at investorrelations@readingrdi.com, or via fax at 213-235-2229.

This page (NASDAQ:RDI) was last updated on 9/22/2023 by MarketBeat.com Staff

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