NASDAQ:RDI - Reading International Stock Price, Price Target & More

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$15.29 -0.10 (-0.65 %)

(As of 05/24/2018 10:19 AM ET)

Previous Close$15.31

Today's Range$15.29 - $15.31

52-Week Range$14.37 - $17.50

Volume2,310 shs

Average Volume29,605 shs

Market Capitalization$352.68 million

P/E Ratio11.84

Dividend YieldN/A

Beta1.26

About Reading International (NASDAQ:RDI)

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.

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Industry, Sector and Symbol

Industry Motion picture theaters

Sub-IndustryMovies & Entertainment

SectorConsumer Discretionary

SymbolNASDAQ:RDI

CUSIP75540810

Webwww.readingrdi.com

Phone213-235-2240

Debt

Debt-to-Equity Ratio0.74

Current Ratio0.47

Quick Ratio0.47

Price-To-Earnings

Trailing P/E Ratio11.84

Forward P/E Ratio33.24

P/E GrowthN/A

Sales & Book Value

Annual Sales$279.73 million

Price / Sales1.26

Cash Flow$2.1148 per share

Price / Cash7.23

Book Value$8.00 per share

Price / Book1.91

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

Reading International (NASDAQ:RDI) Frequently Asked Questions

What is Reading International's stock symbol?

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

How will Reading International's stock buyback program work?

Reading International declared that its Board of Directors has approved a stock repurchase program on Wednesday, April 12th 2017, which allows the company to repurchase $25,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 6.8% of its shares through open market purchases. Shares repurchase programs are often a sign that the company's board of directors believes its shares are undervalued.

How were Reading International's earnings last quarter?

Reading International (NASDAQ:RDI) released its quarterly earnings results on Thursday, May, 10th. The company reported $0.13 earnings per share for the quarter, topping analysts' consensus estimates of $0.11 by $0.02. The firm earned $75.82 million during the quarter, compared to analysts' expectations of $70.40 million. Reading International had a return on equity of 7.90% and a net margin of 10.84%. View Reading International's Earnings History.

When is Reading International's next earnings date?

Reading International is scheduled to release their next quarterly earnings announcement on Tuesday, August, 14th 2018. View Earnings Estimates for Reading International.

What price target have analysts set for RDI?

2 brokers have issued 12 month price targets for Reading International's shares. Their predictions range from $23.50 to $23.50. On average, they expect Reading International's share price to reach $23.50 in the next twelve months. View Analyst Ratings for Reading International.

Who are some of Reading International's key competitors?

Some companies that are related to Reading International include Party City Holdco (PRTY), Interface (TILE), Xtep (XTEPY), Superdry (SEPGY), Oxford Industries (OXM), Belmond (BEL), Playa Hotels & Resorts (PLYA), Entertainment One (ENTMF), Strayer Education (STRA), Crocs (CROX), E. W. Scripps (SSP), Entercom Communications (ETM), Corus Entertainment (CJREF), Gray Television (GTN) and Sturm Ruger & Company Inc (RGR).

Who are Reading International's key executives?

Reading International's management team includes the folowing people:

Ms. Ellen Marie Cotter, Chairperson of the Board, Pres & CEO (Age 52)
Ms. Margaret Cotter, Vice Chairperson, Exec. VP of Real Estate Management & Devel.-NYC (Age 50)
Mr. Devasis Ghose, Exec. VP, Treasurer & CFO (Age 64)
Mr. Andrzej J. Matyczynski, Exec. VP of Global Operations (Age 65)
Mr. Robert F. Smerling, Pres of US Cinemas (Age 83)

Has Reading International been receiving favorable news coverage?

News headlines about RDI stock have been trending positive this week, according to Accern. The research firm identifies negative and positive news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Reading International earned a coverage optimism score of 0.25 on Accern's scale. They also gave headlines about the company an impact score of 45.24 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.

Who are Reading International's major shareholders?

Reading International's stock is owned by a number of of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (4.40%), BlackRock Inc. (3.46%), Teton Advisors Inc. (1.82%), Jupiter Asset Management Ltd. (0.96%), ARS Investment Partners LLC (0.85%) and Gamco Investors INC. ET AL (0.82%). View Institutional Ownership Trends for Reading International.

Which major investors are selling Reading International stock?

RDI stock was sold by a variety of institutional investors in the last quarter, including ARS Investment Partners LLC, Jupiter Asset Management Ltd., Ancora Advisors LLC and BlackRock Inc.. View Insider Buying and Selling for Reading International.

Which major investors are buying Reading International stock?

RDI stock was bought by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Elo Mutual Pension Insurance Co, JBF Capital Inc., Gamco Investors INC. ET AL, Teton Advisors Inc., Russell Investments Group Ltd., Trexquant Investment LP and Glacier Peak Capital LLC. View Insider Buying and Selling for Reading International.

How do I buy shares of Reading International?

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's stock price today?

One share of RDI stock can currently be purchased for approximately $15.29.

How big of a company is Reading International?

Reading International has a market capitalization of $352.68 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 employs 2,585 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 company can be reached via phone at 213-235-2240 or via email at [email protected]

MarketBeat Community Rating for Reading International (RDI)

Community Ranking:		2.7 out of 5 ( )
Outperform Votes:		120 (Vote Outperform)
Underperform Votes:		105 (Vote Underperform)
Total Votes:		225

MarketBeat's community ratings are surveys of what our community members think about Reading International 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.

Reading International (NASDAQ:RDI) Price Target and Consensus Rating

(How are Consensus Ratings Calculated?)

2 Wall Street analysts have issued ratings and price targets for Reading International in the last 12 months. Their average twelve-month price target is $23.50, suggesting that the stock has a possible upside of 53.70%. The high price target for RDI is $23.50 and the low price target for RDI is $23.50. There are currently 2 buy ratings for the stock, resulting in a consensus rating of "Buy."

	Today	30 Days Ago	90 Days Ago	180 Days Ago
Consensus Rating:	Buy	Buy	Buy	Buy
Consensus Rating Score:	3.00	3.00	3.00	3.00
Ratings Breakdown:	0 Sell Rating(s) 0 Hold Rating(s) 2 Buy Rating(s) 0 Strong Buy Rating(s)	0 Sell Rating(s) 0 Hold Rating(s) 2 Buy Rating(s) 0 Strong Buy Rating(s)	0 Sell Rating(s) 0 Hold Rating(s) 2 Buy Rating(s) 0 Strong Buy Rating(s)	0 Sell Rating(s) 0 Hold Rating(s) 1 Buy Rating(s) 0 Strong Buy Rating(s)
Consensus Price Target:	$23.50	$23.50	$26.50	$26.50
Price Target Upside:	53.70% upside	41.57% upside	65.94% upside	65.32% upside

Reading International (NASDAQ:RDI) Consensus Price Target History

Price Target History for Reading International (NASDAQ:RDI)

Reading International (NASDAQ:RDI) Analyst Ratings History

Show:

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price	Details
3/22/2018	B. Riley	Lower Price Target	Buy ➝ Buy	$26.50 ➝ $23.50	Low
12/1/2017	Gabelli	Initiated Coverage	Buy ➝ Buy		Medium

(Data available from 5/24/2016 forward)

Reading International (NASDAQ:RDI) Earnings History and Estimates Chart

Earnings by Quarter for Reading International (NASDAQ:RDI)

Reading International (NASDAQ:RDI) Earnings Estimates

2018 EPS Consensus Estimate: $0.44
2019 EPS Consensus Estimate: $0.71

Quarter	Number of Estimates	Low Estimate	High Estimate	Average Estimate
Q1 2018	1	$0.11	$0.11	$0.11
Q2 2018	1	$0.17	$0.17	$0.17
Q3 2018	1	$0.07	$0.07	$0.07
Q4 2018	1	$0.09	$0.09	$0.09
Q1 2019	1	$0.18	$0.18	$0.18
Q2 2019	1	$0.20	$0.20	$0.20
Q3 2019	1	$0.14	$0.14	$0.14
Q4 2019	1	$0.19	$0.19	$0.19

Reading International (NASDAQ RDI) Earnings History by Quarter

Date	Quarter	Consensus Estimate	Actual EPS	Revenue Estimate	Actual Revenue	Release Link	Conference Call
8/14/2018
5/10/2018	Q1 2018	$0.11	$0.1320	$70.40 million	$75.82 million	View	N/A
3/16/2018	Q4 2017	$0.14	$0.11	$77.50 million	$71.78 million	View	N/A
11/6/2017	Q3 2017	$0.11	$0.07	$65.70 million	$66.09 million	View	N/A
8/8/2017	Q2 2017	$0.16	$0.29	$74.10 million	$72.41 million	View	N/A
5/9/2017	Q1 2017	$0.11	$0.13	$71.80 million	$69.45 million	View	N/A
3/13/2017	Q4 2016	$0.08	$0.08	$62.70 million	$67.45 million	View	N/A
11/8/2016	Q316	$0.01	$0.16	$46.12 million	$71.30 million	View	N/A
8/8/2016	Q2 2016		$0.13		$66.92 million	View	N/A
5/13/2016	Q116		$0.10	$60.60 million	$64.80 million	View	N/A
5/2/2016	Q4 2015		$0.14		$66.15 million	View	N/A
11/6/2015	Q315		$0.02	$65.00 million	$57.80 million	View	N/A
8/6/2015	Q2 2015		$0.68		$72.80 million	View	N/A
5/5/2015	Q115		$0.13	$30.60 million	$58.10 million	View	N/A
3/12/2015	Q414		$0.72	$63.54 million	$61.74 million	View	N/A
11/7/2014	Q314		$0.17	$65.50 million	$65.00 million	View	N/A
8/8/2014	Q2 2014		$0.20		$69.92 million	View	N/A
5/7/2014	Q1 2014		($0.01)		$58.05 million	View	N/A
3/5/2014	Q4 2013		$0.13		$63.54 million	View	N/A
11/6/2013	Q313		$0.10	$63.90 million	$65.50 million	View	N/A
8/8/2013	Q2 2013		$0.18		$69.64 million	View	N/A
5/9/2013	Q1 2013		($0.03)	$62.40 million	$59.60 million	View	N/A
3/18/2013	Q412		($0.06)	$57.40 million	$65.10 million	View	N/A
11/8/2012	Q3 2012		$0.03			View	N/A
8/10/2012	Q2 2012		$0.01			View	N/A
5/9/2012	Q1 2012		($0.01)			View	N/A
3/15/2012	Q4 2011		($0.20)			View	N/A
8/4/2011	Q2 2011	($0.18)	$0.06			View	N/A
5/6/2011	Q1 2011	$0.11	($0.11)			View	N/A
3/15/2011	Q4 2010	$0.03	($0.02)			View	N/A
11/15/2010	Q3 2010	($0.03)	$0.05			View	N/A
8/6/2010	Q2 2010	($0.04)	($0.10)			View	N/A
5/6/2010	Q1 2010	($0.04)	$0.02			View	N/A
3/12/2010	Q4 2009		($0.03)			View	N/A
11/5/2009	Q3 2009		$0.05			View	N/A
8/7/2009	Q2 2009		($0.01)			View	N/A
5/14/2009	Q1 2009		($0.16)			View	N/A
3/16/2009	Q4 2008		($0.47)			View	N/A
11/7/2008	Q3 2008		($0.10)			View	N/A
8/7/2008	Q2 2008		$0.01			View	N/A
5/19/2008	Q1 2008		($0.01)			View	N/A
3/31/2008	Q4 2007		($0.17)			View	N/A

(Earnings results data provided by Zacks Investment Research)

Reading International (NASDAQ:RDI) Dividend History by Quarter

Announced	Period	Amount	Yield	Ex-Dividend Date	Record Date	Payable Date

(Data available from 1/1/2013 forward)

Reading International (NASDAQ RDI) Insider Trading and Institutional Ownership History

Insider Ownership Percentage: 25.57%
Institutional Ownership Percentage: 37.85%

Insider Trading History for Reading International (NASDAQ:RDI)

Institutional Ownership by Quarter for Reading International (NASDAQ:RDI)

Reading International (NASDAQ RDI) Insider Trading History

Transaction Date	Insider Name	Title	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
3/23/2018	James J Cotter Jr	Insider	Sell	15,000	$16.54	$248,100.00	352,987
3/21/2018	James J Cotter Jr	Insider	Sell	25,000	$16.80	$420,000.00	352,987
12/22/2017	James J Cotter Jr	Insider	Sell	50,000	$15.98	$799,000.00	373,604
8/14/2017	James J Cotter Jr	Insider	Sell	9,888	$15.62	$154,450.56
6/23/2017	James J Cotter Jr	Insider	Sell	5,112	$15.51	$79,287.12
12/8/2016	James J Cotter Jr	Insider	Sell	41,603	$15.90	$661,487.70	440,186
12/1/2016	James J Cotter Jr	Insider	Sell	50,000	$15.70	$785,000.00	485,186
11/22/2016	James J Cotter Jr	Insider	Sell	50,000	$14.99	$749,500.00	535,186
11/21/2016	James J Cotter Jr	Insider	Sell	25,000	$14.96	$374,000.00	535,186
9/8/2016	James J Cotter Jr	Insider	Sell	60,000	$13.54	$812,400.00	595,186
8/18/2016	James J Cotter Jr	Insider	Sell	32,000	$12.96	$414,720.00	627,186
8/16/2016	James J Cotter Jr	Insider	Sell	118,000	$12.88	$1,519,840.00	745,186
12/9/2015	James J Cotter Jr	Major Shareholder	Sell	10,000	$14.25	$142,500.00	770,186
12/2/2015	James J. Cotter, Jr.	major shareholder	Sell	16,500	$14.45	$238,425.00	780,186
11/27/2015	James J. Cotter, Jr.	major shareholder	Sell	24,500	$14.45	$354,025.00	796,186
11/24/2015	James J. Cotter, Jr.	major shareholder	Sell	11,000	$14.64	$161,040.00	820,686
11/19/2015	James J. Cotter, Jr.	major shareholder	Sell	13,300	$14.60	$194,180.00	831,686
11/17/2015	James J. Cotter, Jr.	major shareholder	Sell	13,800	$14.86	$205,068.00	844,986
1/21/2015	Douglas James Mceachern	Director	Buy	6,000	$12.01	$72,060.00
1/15/2014	James J Cotter	CEO	Sell	12,751	$7.40	$94,357.40
5/21/2013	Douglas James Mceachern	Director	Buy	2,000	$6.05	$12,100.00

(Data available from 1/1/2013 forward)

Reading International (NASDAQ RDI) News Headlines

Source:

Date	Headline
	Reading International (RDI) Cut to "Sell" at Zacks Investment Research www.americanbankingnews.com - May 19 at 10:56 AM
	Edited Transcript of RDI earnings conference call or presentation 14-May-18 10:59am GMT finance.yahoo.com - May 18 at 10:33 AM
	Q2 2018 EPS Estimates for Reading International (RDI) Cut by Analyst www.americanbankingnews.com - May 18 at 7:08 AM
	FY2018 Earnings Estimate for Reading International (RDI) Issued By B. Riley www.americanbankingnews.com - May 17 at 7:11 AM
	Reading International (RDI) Releases Quarterly Earnings Results, Beats Estimates By $0.02 EPS www.americanbankingnews.com - May 12 at 2:29 PM
	Reading International beats by $0.02, beats on revenue seekingalpha.com - May 11 at 10:36 AM
	Record First Quarter 2018 Results Announced by Reading International www.bizjournals.com - May 11 at 10:36 AM
	Reading International: 1Q Earnings Snapshot finance.yahoo.com - May 11 at 10:36 AM
	Zacks: Analysts Set $26.75 Price Target for Reading International (RDI) www.americanbankingnews.com - May 10 at 11:49 AM
	Reading International To Present at Investor Conferences: B. Riley & Co.’s 19th Annual Investor Conference and Gabelli’s 10th Annual Movie & Entertainment Conference finance.yahoo.com - May 10 at 9:49 AM
	Date of Webcast for First Quarter 2018 Results Announced by Reading International finance.yahoo.com - May 10 at 9:49 AM
	Marcus (MCS) and Reading International (RDI) Financial Survey www.americanbankingnews.com - May 1 at 11:22 AM
	Contrasting Cinemark (CNK) & Reading International (RDI) www.americanbankingnews.com - April 29 at 11:32 PM
	Reading International (RDI) Given $26.75 Average Price Target by Analysts www.americanbankingnews.com - April 25 at 1:20 AM
	Reviewing Reading International (RDI) & Marcus (MCS) www.americanbankingnews.com - April 18 at 9:18 PM
	Reading International (RDI) Lowered to Strong Sell at BidaskClub www.americanbankingnews.com - April 13 at 10:45 AM
	Reading International Sees Unusually High Options Volume (RDI) www.americanbankingnews.com - April 11 at 7:06 AM
	Reading International (RDI) Given $26.75 Average Target Price by Brokerages www.americanbankingnews.com - April 10 at 1:27 PM
	Head-To-Head Review: Reading International (RDI) vs. Marcus (MCS) www.americanbankingnews.com - April 4 at 7:07 AM
	Financial Comparison: Cinemark (CNK) versus Reading International (RDI) www.americanbankingnews.com - April 3 at 3:09 AM
	Reading International, Inc. (RDI) Receives Average Rating of "Strong Buy" from Brokerages www.americanbankingnews.com - March 26 at 1:09 PM
	Reading International, Inc. Forecasted to Earn Q1 2018 Earnings of $0.11 Per Share (RDI) www.americanbankingnews.com - March 26 at 1:02 AM
	Reading International (RDI) Upgraded to Sell by BidaskClub www.americanbankingnews.com - March 25 at 9:50 AM
	Reading International (RDI) Upgraded by Zacks Investment Research to "Hold" www.americanbankingnews.com - March 24 at 9:28 PM
	Reading International, Inc. (RDI) Insider Sells $248,100.00 in Stock www.americanbankingnews.com - March 23 at 7:34 PM
	Reading International, Inc. (RDI) Insider Sells $420,000.00 in Stock www.americanbankingnews.com - March 23 at 7:15 PM
	Reading International (RDI) PT Lowered to $23.50 www.americanbankingnews.com - March 22 at 8:05 AM
	Edited Transcript of RDI earnings conference call or presentation 20-Mar-18 10:59am GMT finance.yahoo.com - March 21 at 4:15 PM
	Analysts Set $28.25 Price Target for Reading International, Inc. (RDI) www.americanbankingnews.com - March 13 at 12:03 PM
	Cove Street Capital LLC Acquires New Holdings in Reading International, Inc. (RDI) www.americanbankingnews.com - March 6 at 7:08 AM
	Reading International, Inc. (RDI) Shares Bought by Wittenberg Investment Management Inc. www.americanbankingnews.com - February 26 at 2:56 PM
	Reading International (RDI) Stock Rating Upgraded by Zacks Investment Research www.americanbankingnews.com - February 25 at 8:16 PM
	Reading International (RDI) Rating Increased to Sell at BidaskClub www.americanbankingnews.com - February 24 at 11:18 AM
	Reading International Announces Trial Court Decision to Appoint Temporary Trustee Ad Litem to Obtain Offers to Purchase RDI Voting Stock in James J. Cotter, Sr., Voting Trust finance.yahoo.com - February 23 at 4:47 PM
	Zacks: Brokerages Set $28.25 Price Target for Reading International, Inc. (RDI) www.americanbankingnews.com - February 23 at 4:44 PM
	Reading International (RDI) Rating Lowered to Strong Sell at BidaskClub www.americanbankingnews.com - February 17 at 1:52 PM
	Reading International (RDI) Cut to Sell at Zacks Investment Research www.americanbankingnews.com - February 15 at 6:58 AM
	Zacks Investment Research Upgrades Reading International (RDI) to "Hold" www.americanbankingnews.com - February 9 at 12:06 PM
	Reading International, Inc. (RDI) Given Average Recommendation of "Strong Buy" by Brokerages www.americanbankingnews.com - February 8 at 1:18 AM
	Reading International, Inc. (RDI) Given Consensus Rating of "Strong Buy" by Brokerages www.americanbankingnews.com - February 1 at 11:16 AM
	Reading International (RDI) Downgraded to Strong Sell at BidaskClub www.americanbankingnews.com - January 28 at 7:22 AM
	Zacks: Reading International, Inc. (RDI) Given $28.25 Average Target Price by Brokerages www.americanbankingnews.com - January 24 at 9:40 PM
	Reading International (RDI) Upgraded by Zacks Investment Research to Hold www.americanbankingnews.com - January 16 at 2:58 PM
	Zacks: Reading International, Inc. (RDI) Receives Average Recommendation of "Strong Buy" from Analysts www.americanbankingnews.com - January 16 at 12:10 PM
	Reading International Derivative Lawsuit Trial Postponed by Nevada District Court finance.yahoo.com - January 10 at 11:00 AM
	Reading International Provides Update on Nevada District Court Ruling Regarding Derivative Lawsuit finance.yahoo.com - January 5 at 4:55 PM
	Zacks: Reading International, Inc. (RDI) Given Consensus Recommendation of "Strong Buy" by Brokerages www.americanbankingnews.com - January 1 at 1:56 AM
	Reading International made top pick of 2018; shares up 4% www.msn.com - December 30 at 4:00 PM
	Reading International Target of Unusually High Options Trading (RDI) www.americanbankingnews.com - December 29 at 1:58 AM
	Reading International, Inc. (RDI) Insider Sells $799,000.00 in Stock www.americanbankingnews.com - December 28 at 3:42 PM

Reading International (NASDAQ:RDI) SEC Filings

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Reading International (NASDAQ:RDI) Income Statement, Balance Sheet and Cash Flow Statement

Reading International (NASDAQ RDI) Stock Chart for Thursday, May, 24, 2018

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This page was last updated on 5/24/2018 by MarketBeat.com Staff