NASDAQ:RDI - Reading International Stock Price, News, & Analysis

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$15.73 +0.14 (+0.90 %)
(As of 01/18/2019 04:00 PM ET)
Previous Close$15.59
Today's Range$15.47 - $15.75
52-Week Range$13.91 - $17.50
Volume29,400 shs
Average Volume40,092 shs
Market Capitalization$359.97 million
P/E Ratio12.10
Dividend YieldN/A
Beta1.25
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
Current SymbolNASDAQ:RDI
CUSIP75540810
Phone213-235-2240

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$279.73 million
Cash Flow$2.1343 per share
Book Value$7.90 per share

Profitability

Net Income$30.99 million

Miscellaneous

Employees2,585
Market Cap$359.97 million
OptionableOptionable

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 initiated a stock repurchase program on Wednesday, April 12th 2017, which permits the company to repurchase $25,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy up to 6.8% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's board believes its shares are undervalued.

How were Reading International's earnings last quarter?

Reading International, Inc. (NASDAQ:RDI) issued its quarterly earnings results on Wednesday, November, 7th. The company reported $0.06 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.05 by $0.01. The firm had revenue of $74.26 million for the quarter, compared to the consensus estimate of $70.40 million. Reading International had a return on equity of 6.57% and a net margin of 5.46%. 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 Friday, March 15th 2019. View Earnings Estimates for Reading International.

What price target have analysts set for RDI?

1 brokers have issued 12-month price targets for Reading International's stock. Their predictions range from $23.50 to $23.50. On average, they anticipate Reading International's share price to reach $23.50 in the next twelve months. This suggests a possible upside of 49.4% from the stock's current price. View Analyst Price Targets for Reading International.

What is the consensus analysts' recommendation for Reading International?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Reading International in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Reading International.

Has Reading International been receiving favorable news coverage?

Press coverage about RDI stock has trended positive this week, according to InfoTrie Sentiment. InfoTrie identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Reading International earned a daily sentiment score of 2.2 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the near term.

Who are some of Reading International's key competitors?

Who are Reading International's key executives?

Reading International's management team includes the folowing people:
  • Ms. Ellen Marie Cotter, Chairperson of the Board, CEO & Pres (Age 53)
  • Ms. Margaret Cotter, Vice Chairperson, Exec. VP of Real Estate Management & Devel.-NYC (Age 51)
  • Mr. Devasis Ghose, Exec. VP, CFO & Treasurer (Age 65)
  • Mr. Andrzej J. Matyczynski, Exec. VP of Global Operations (Age 66)
  • Mr. Robert F. Smerling, Pres of Domestic Cinemas (Age 84)

Who are Reading International's major shareholders?

Reading International's stock is owned by many different of institutional and retail investors. Top institutional investors include Eidelman Virant Capital (2.01%). Company insiders that own Reading International stock include James J Cotter Jr and Margaret Cotter. View Institutional Ownership Trends for Reading International.

Which major investors are buying Reading International stock?

RDI stock was acquired by a variety of institutional investors in the last quarter, including Eidelman Virant Capital. 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 $15.73.

How big of a company is Reading International?

Reading International has a market capitalization of $359.97 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.

What is Reading International's official website?

The official website for Reading International is http://www.readingrdi.com.

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 (NASDAQ RDI)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  169 (Vote Outperform)
Underperform Votes:  165 (Vote Underperform)
Total Votes:  334
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.
This page was last updated on 1/19/2019 by MarketBeat.com Staff

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