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 Ratio12.51
Forward P/E Ratio35.35
P/E GrowthN/A
Sales & Book Value
Annual Sales$279.73 million
Price / Sales1.34
Cash Flow$2.1536 per share
Price / Cash7.55
Book Value$7.90 per share
Price / Book2.06
Profitability
EPS (Most Recent Fiscal Year)$1.30
Net Income$30.99 million
Net Margins5.70%
Return on Equity6.77%
Return on Assets2.88%
Miscellaneous
Employees2,585
Outstanding Shares22,990,000
Market Cap$368.08 million
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 of Directors has approved a share repurchase plan on Wednesday, April 12th 2017, which allows the company to buyback $25,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to buy up to 6.8% of its stock through open market purchases. Stock buyback plans are typically an indication that the company's leadership believes its shares are undervalued.
How were Reading International, Inc. Class A's earnings last quarter?
Reading International, Inc. Class A (NASDAQ:RDI) released its quarterly earnings results on Thursday, August, 9th. The company reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.17 by $0.05. The firm had revenue of $84.22 million for the quarter, compared to analysts' expectations of $88.40 million. Reading International, Inc. Class A had a return on equity of 6.77% and a net margin of 5.70%. 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 12 month price targets for Reading International, Inc. Class A's stock. Their predictions 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 year. This suggests a possible upside of 44.5% from the stock's current price. View Analyst Price Targets for Reading International, Inc. Class A.
What is the consensus analysts' recommendation for Reading International, Inc. Class A?
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), Party City Holdco (PRTY), Puxin (NEW), Gray Television (GTN), Strayer Education (STRA), Dunelm Group (DNLMY), Bluegreen Vacations (BXG), Imax (IMAX), Gray Television, Inc. Class A (GTN.A), Playa Hotels & Resorts (PLYA), XTEP Intl HOLDI/ADR (XTEPY), Interface (TILE), Ted Baker (TBAKF), Casa Systems (CASA) and SUPERDRY PLC/ADR (SEPGY).
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?
Media stories about RDI stock have been trending somewhat positive on Sunday, according to Accern. Accern identifies positive and negative media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Reading International, Inc. Class A earned a daily sentiment score of 0.09 on Accern's scale. They also gave media coverage about the company an impact score of 46.06 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future. View Recent Headlines for Reading International, Inc. Class A.
Who are Reading International, Inc. Class A's major shareholders?
Reading International, Inc. Class A's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (4.78%), Renaissance Technologies LLC (4.21%), BlackRock Inc. (3.82%), Wittenberg Investment Management Inc. (2.22%), Teton Advisors Inc. (2.12%) and Eidelman Virant Capital (1.96%). View Institutional Ownership Trends for Reading International, Inc. Class A.
Which institutional investors are selling Reading International, Inc. Class A stock?
Which institutional investors are buying Reading International, Inc. Class A stock?
RDI stock was acquired by a variety of institutional investors in the last quarter, including Eidelman Virant Capital, Dimensional Fund Advisors LP, BlackRock Inc., Teton Advisors Inc., Gamco Investors INC. ET AL, Gabelli Funds LLC, PEAK6 Investments L.P. and Yacktman Asset Management LP. View Insider Buying and Selling for Reading International, Inc. Class A.
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 $16.26.
How big of a company is Reading International, Inc. Class A?
Reading International, Inc. Class A has a market capitalization of $368.08 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.
