Reading International (RDI) Stock Forecast, Price & News

Reading International's stock was trading at $2.77 at the beginning of 2023. Since then, RDI stock has decreased by 1.4% and is now trading at $2.73.
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Reading International saw a increase in short interest in May. As of May 15th, there was short interest totaling 90,300 shares, an increase of 22.5% from the April 30th total of 73,700 shares. Based on an average daily volume of 11,100 shares, the days-to-cover ratio is currently 8.1 days. Currently, 0.5% of the shares of the stock are short sold.
View Reading International's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 8th 2023.
View our RDI earnings forecast.

Reading International, Inc. (NASDAQ:RDI) posted its quarterly earnings results on Monday, April, 3rd. The company reported ($0.60) earnings per share (EPS) 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 trailing twelve-month return on equity of 45.76% and a negative net margin of 15.31%.

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.

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).

Reading International trades on the NASDAQ under the ticker symbol "RDI."

Reading International's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Krilogy Financial LLC (7.06%), Dimensional Fund Advisors LP (3.14%), Renaissance Technologies LLC (2.69%), Gamco Investors INC. ET AL (1.13%), Gabelli Funds LLC (0.28%) and Marquette Asset Management LLC (0.21%). Insiders that own company stock include Douglas James Mceachern, Edward Lewis Kane, Ellen M Cotter, James J Cotter Living Trust, Margaret Cotter and Mark Cuban.
View institutional ownership trends.

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.
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One share of RDI stock can currently be purchased for approximately $2.73.

Reading International (NASDAQ:RDI) has a market capitalization of $60.55 million and generates $203.12 million in revenue each year. The company earns $-36,180,000.00 in net income (profit) each year or ($1.44) on an earnings per share basis.

The company employs 2,025 workers across the globe.

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.