Reading International, Inc. engages in 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, Theatrical Motion Picture Exhibition (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 Centers, Consolidated Theatres, City Cinemas, and Rialto brands. The Real Estate segment owns, develops, rents, or licenses retail, commercial, and live theater assets. As of December 31, 2017, the company had interests in 58 cinemas comprising approximately 473 screens; fee interests in 3 live theaters; fee interest in 1 cinema in New York City; fee interests in 2 cinemas in Australia and 4 cinemas in New Zealand; fee interest in Union Square property; entertainment-themed centers; interest in 70.4 acres of vacant land; interest in 202 acres of vacant land; fee interest in 2 office buildings; and fee ownership of approximately 20.7 million square feet of developed and undeveloped real estate assets. Reading International, Inc. was founded in 1937 and is headquartered in Culver City, California.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Motion picture theaters
Sub-IndustryMovies & Entertainment
SectorConsumer Discretionary
SymbolNASDAQ:RDI
CUSIP75540810
Phone213-235-2240
Debt
Debt-to-Equity Ratio0.74
Current Ratio0.47
Quick Ratio0.47
Price-To-Earnings
Trailing P/E Ratio12.16
Forward P/E Ratio34.37
P/E GrowthN/A
Sales & Book Value
Annual Sales$279.73 million
Price / Sales1.30
Cash Flow$2.1108 per share
Price / Cash7.49
Book Value$7.90 per share
Price / Book2.00
Profitability
EPS (Most Recent Fiscal Year)$1.30
Net Income$30.99 million
Net Margins10.84%
Return on Equity7.90%
Return on Assets3.37%
Miscellaneous
Employees2,585
Outstanding Shares22,980,000
Market Cap$365.32
Reading International, Inc. Class A (NASDAQ:RDI) Frequently Asked Questions
What is Reading International, Inc. Class A's stock symbol?
Reading International, Inc. Class A trades on the NASDAQ under the ticker symbol "RDI."
How will Reading International, Inc. Class A's stock buyback program work?
Reading International, Inc. Class A declared that its board has initiated a stock repurchase program on Wednesday, April 12th 2017, which authorizes the company to buyback $25,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to repurchase up to 6.8% of its stock through open market purchases. Stock buyback programs are usually a sign that the company's board of directors believes its stock is undervalued.
How were Reading International, Inc. Class A's earnings last quarter?
Reading International, Inc. Class A (NASDAQ:RDI) posted its quarterly earnings results on Thursday, May, 10th. The company reported $0.13 EPS for the quarter, topping the Zacks' consensus estimate of $0.11 by $0.02. The company had revenue of $75.82 million for the quarter, compared to analysts' expectations of $70.40 million. Reading International, Inc. Class A had a return on equity of 7.90% and a net margin of 10.84%. View Reading International, Inc. Class A's Earnings History.
When is Reading International, Inc. Class A's next earnings date?
What price target have analysts set for RDI?
2 brokerages have issued twelve-month price targets for Reading International, Inc. Class A's shares. Their forecasts range from $23.50 to $23.50. On average, they expect Reading International, Inc. Class A's share price to reach $23.50 in the next twelve months. This suggests a possible upside of 48.6% from the stock's current price. View Analyst Ratings for Reading International, Inc. Class A.
What is the consensus analysts' recommendation for Reading International, Inc. Class A?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Reading International, Inc. Class A in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
Who are some of Reading International, Inc. Class A's key competitors?
Some companies that are related to Reading International, Inc. Class A include La-Z-Boy (LZB), Dunelm Group (DNLMY), Interface (TILE), Playa Hotels & Resorts (PLYA), Gray Television (GTN), SUPERDRY PLC/ADR (SEPGY), Strayer Education (STRA), XTEP Intl HOLDI/ADR (XTEPY), Gray Television, Inc. Class A (GTN.A), Ted Baker (TBAKF), WillScot (WSC), Casa Systems (CASA), Career Education (CECO), Capella Education (CPLA) and Crocs (CROX).
Who are Reading International, Inc. Class A's key executives?
Reading International, Inc. Class A's management team includes the folowing people:
- Ms. Ellen Marie Cotter, Chairperson of the Board, CEO & Pres (Age 52)
- Ms. Margaret Cotter, Vice Chairperson, Exec. VP of Real Estate Management & Devel.-NYC (Age 50)
- Mr. Devasis Ghose, Exec. VP, CFO & Treasurer (Age 64)
- Mr. Andrzej J. Matyczynski, Exec. VP of Global Operations (Age 65)
- Mr. Robert F. Smerling, Pres of Domestic Cinemas (Age 83)
Has Reading International, Inc. Class A been receiving favorable news coverage?
Headlines about RDI stock have been trending somewhat positive this week, according to Accern Sentiment. The research group rates the sentiment of news coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Reading International, Inc. Class A earned a coverage optimism score of 0.18 on Accern's scale. They also assigned news stories about the company an impact score of 45.48 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.
Who are Reading International, Inc. Class A's major shareholders?
Which major investors are selling Reading International, Inc. Class A stock?
How do I buy shares of Reading International, Inc. Class A?
Shares of RDI 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, Scottrade, Fidelity and Charles Schwab.
What is Reading International, Inc. Class A's stock price today?
One share of RDI stock can currently be purchased for approximately $15.81.
How big of a company is Reading International, Inc. Class A?
Reading International, Inc. Class A has a market capitalization of $365.32 million and generates $279.73 million in revenue each year. The company earns $30.99 million in net income (profit) each year or $1.30 on an earnings per share basis. Reading International, Inc. Class A employs 2,585 workers across the globe.
How can I contact Reading International, Inc. Class A?
Reading International, Inc. Class A's mailing address is 5995 SEPULVEDA BOULEVARD SUITE 300, CULVER CITY CA, 90230. The company can be reached via phone at 213-235-2240 or via email at [email protected]
MarketBeat Community Rating for Reading International, Inc. Class A (NASDAQ RDI)
MarketBeat's community ratings are surveys of what our community members think about Reading International, Inc. Class A and other stocks. Vote "Outperform" if you believe RDI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe RDI will underperform the S&P 500 over the long term. You may vote once every thirty days.
