Reading International - RDI Stock Forecast, Price & News

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Reading International in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" RDI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RDI, but not buy additional shares or sell existing shares.
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1 Wall Street analysts have issued twelve-month target prices for Reading International's stock. Their RDI share price forecasts range from $6.00 to $6.00. On average, they predict the company's stock price to reach $6.00 in the next year. This suggests a possible upside of 31.9% from the stock's current price.
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Reading International's stock was trading at $4.04 at the start of the year. Since then, RDI shares have increased by 12.6% and is now trading at $4.55.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 8th 2022.
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Reading International, Inc. (NASDAQ:RDI) issued its quarterly earnings data on Tuesday, November, 9th. The company reported ($0.46) earnings per share for the quarter, missing the consensus estimate of ($0.36) by $0.10. The business earned $31.80 million during the quarter. Reading International had a negative trailing twelve-month return on equity of 27.05% and a negative net margin of 14.77%.

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 many different institutional and retail investors. Top institutional investors include Nantahala Capital Management LLC (14.58%), Eidelman Virant Capital (5.26%) and Yacktman Asset Management LP (3.14%). 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.
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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 $4.55.

Reading International (NASDAQ:RDI) has a market capitalization of $100.08 million and generates $139.06 million in revenue each year. The company earns $31.92 million in net income (profit) each year or ($1.25) 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.