Reading International Stock Forecast, Price & News

1 Wall Street equities 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 equities research analysts is that investors should "hold" Reading International stock. 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 12 month target prices for Reading International's stock. Their RDI stock forecasts range from $6.00 to $6.00. On average, they expect Reading International's share price to reach $6.00 in the next year. This suggests a possible upside of 69.0% from the stock's current price.
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Reading International's stock was trading at $4.04 at the beginning of the year. Since then, RDI stock has decreased by 12.1% and is now trading at $3.55.
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Reading International saw a increase in short interest in the month of May. As of May 31st, there was short interest totaling 87,700 shares, an increase of 44.2% from the May 15th total of 60,800 shares. Based on an average trading volume of 26,200 shares, the short-interest ratio is currently 3.3 days. Currently, 0.5% of the shares of the stock are short sold.
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Reading International is scheduled to release its next quarterly earnings announcement on Monday, August 8th 2022.
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Reading International, Inc. (NASDAQ:RDI) released its quarterly earnings results on Tuesday, May, 10th. The company reported ($0.70) earnings per share (EPS) for the quarter. The business earned $40.20 million during the quarter. Reading International had a negative trailing twelve-month return on equity of 34.87% and a negative net margin of 1.52%.
View Reading International's earnings history.

7 employees have rated Reading International CEO James J. Cotter on Glassdoor.com. James J. Cotter has an approval rating of 39% among Reading International's employees. This puts James J. Cotter in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to Reading International include Walt Disney (DIS), Live Nation Entertainment (LYV), News (NWSA), World Wrestling Entertainment (WWE) and Cinemark (CNK).
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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), Primo Water (PRMW), 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 a number of institutional and retail investors. Top institutional investors include Nantahala Capital Management LLC (14.67%), Eidelman Virant Capital (4.86%), Dimensional Fund Advisors LP (3.43%), Renaissance Technologies LLC (3.13%), Vanguard Group Inc. (2.77%) and Gamco Investors INC. ET AL (1.05%). Company insiders that own Reading International stock include Douglas James Mceachern, Edward Lewis Kane, Ellen M Cotter, James J Cotter Living Trust, Margaret Cotter and Mark Cuban.
View institutional ownership trends for Reading International.

RDI stock was sold by a variety of institutional investors in the last quarter, including Nantahala Capital Management LLC, Renaissance Technologies LLC, Dimensional Fund Advisors LP, and Northern Trust Corp. Company insiders that have sold Reading International company stock in the last two years include Douglas James Mceachern, Edward Lewis Kane, Ellen M Cotter, James J Cotter Living Trust, and Margaret Cotter.
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RDI stock was purchased by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Eidelman Virant Capital, Charles Schwab Investment Management Inc., Atria Wealth Solutions Inc., Gamco Investors INC. ET AL, Gamco Investors INC. ET AL, Gabelli Funds LLC, and Gabelli Funds LLC.
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Shares of RDI 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 $3.55.

Reading International (NASDAQ:RDI) has a market capitalization of $78.08 million and generates $139.06 million in revenue each year. The company earns $31.92 million in net income (profit) each year or ($0.13) on an earnings per share basis.

Reading International 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 Reading International is www.readingrdi.com. The company can be reached via phone at (213) 235-2240, via email at [email protected], or via fax at 213-235-2229.