Reading International Company Profile (NASDAQ:RDI)

About Reading International (NASDAQ:RDI)

Reading International logoReading International, Inc. (RDI) is engaged in the development, ownership and operation of multiplex cinemas in the United States, Australia, and New Zealand, and the development, ownership and operation of retail and commercial real estate in the United States, Australia and New Zealand. RDI operates through two segments: cinema exhibition and real estate. The cinema exhibition segment operates multiplex cinemas. RDI's real estate segment includes real estate development and the rental of retail, commercial and live theater assets. The Company manages its cinema exhibition businesses around the world under various brands, including Reading Cinema, Angelika Film Centers, Consolidated Theatres and City Cinemas brands in the United States; under the Reading Cinema brand in Australia, and under the Reading Cinema and Rialto brands in New Zealand.

Industry, Sector and Symbol:
  • Sector: Consumer Discretionary
  • Industry: Leisure & Recreation
  • Sub-Industry: Movies & Entertainment
  • Symbol: NASDAQ:RDI
  • CUSIP: 75540810
  • Web: www.readingrdi.com
Capitalization:
  • Market Cap: $368.68 million
  • Outstanding Shares: 23,057,000
Average Prices:
  • 50 Day Moving Avg: $15.75
  • 200 Day Moving Avg: $15.68
  • 52 Week Range: $12.54 - $17.18
P/E:
  • Trailing P/E Ratio: 14.29
  • Foreward P/E Ratio: 24.54
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: $280.63 million
  • Price / Sales: 1.31
  • Book Value: $7.37 per share
  • Price / Book: 2.16
Profitability:
  • EBIDTA: $54.47 million
  • Net Margins: 9.36%
  • Return on Equity: 9.86%
  • Return on Assets: 3.84%
Debt:
  • Debt-to-Equity Ratio: 0.70%
  • Current Ratio: 1.67%
  • Quick Ratio: 1.67%
Misc:
  • Average Volume: 38,922 shs.
  • Beta: 1.27
  • Short Ratio: 3.93
 

Frequently Asked Questions for Reading International (NASDAQ:RDI)

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 announced that its board has approved a share repurchase plan on Wednesday, April 12th 2017, which permits the company to buyback $25,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to purchase up to 6.8% of its shares through open market purchases. Shares buyback plans are typically a sign that the company's management believes its shares are undervalued.

How were Reading International's earnings last quarter?

Reading International Inc (NASDAQ:RDI) released its earnings results on Tuesday, May, 9th. The company reported $0.13 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.11 by $0.02. The company had revenue of $69.45 million for the quarter, compared to analyst estimates of $71.80 million. Reading International had a net margin of 9.36% and a return on equity of 9.86%. View Reading International's Earnings History.

When will Reading International make its next earnings announcement?

Reading International is scheduled to release their next quarterly earnings announcement on Tuesday, November, 14th 2017. View Earnings Estimates for Reading International.

Where is Reading International's stock going? Where will Reading International's stock price be in 2017?

1 brokerages have issued 1 year price targets for Reading International's stock. Their forecasts range from $26.50 to $26.50. On average, they expect Reading International's stock price to reach $26.50 in the next twelve months. View Analyst Ratings for Reading International.

What are analysts saying about Reading International stock?

Here are some recent quotes from research analysts about Reading International stock:

  • 1. According to Zacks Investment Research, "Reading International, Inc. is engaged primarily in the ownership and management of commercial and residential property. " (8/8/2017)
  • 2. B. Riley analysts commented, "Reading International (RDI) reported Q4 results that, we believe, demonstrate the benefits of the theater enhancement strategy as Cinema segment revenues/EBITDA of $64.3MM/$11.9MM came in well ahead of our $58.7MM/$10.6MM estimates. While Cinema segment improvements will continue to be the main driver of reported results over the next 12-18 months, we view the positive comments around retail lease interest at Union Square (including one entity considering taking the entire building) as the likely main driver of the shares in the near-term as those lease agreements come to light ' and investors feel more comfortable including some value for this property in the RDI share price. With RDI shares trading, in our opinion, at a level that only provides value for the existing Cinema and Real Estate operations, we see limited downside at current levels and recommend adding to positions in this relatively-unknown story ahead of likely near-term catalysts. We are reiterating our Buy rating and $26.00 price target." (3/16/2017)

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:

  • Ellen Marie Cotter, Chairman of the Board, President, Chief Executive Officer
  • James J. Cotter Jr., President, Chief Executive Officer, Director
  • Margaret Cotter, Vice Chairman of the Board
  • Devasis Ghose, Chief Financial Officer, Treasurer
  • Robert F. Smerling, President - Domestic Cinemas
  • William D. Ellis, General Counsel, Secretary
  • Judy Codding, Director
  • Michael J. Wrotniak, Director
  • Guy W. Adams, Independent Director
  • William D. Gould, Independent Director

Who owns Reading International stock?

Reading International's stock is owned by a number of of institutional and retail investors. Top institutional investors include Renaissance Technologies LLC (4.76%), Dimensional Fund Advisors LP (3.81%), Vanguard Group Inc. (2.35%), Wittenberg Investment Management Inc. (2.16%), Luzich Partners LLC (1.75%) and Teton Advisors Inc. (1.63%). Company insiders that own Reading International stock include James J Cotter Jr and James J Cotter, Jr. View Institutional Ownership Trends for Reading International.

Who sold Reading International stock? Who is selling Reading International stock?

Reading International's stock was sold by a variety of institutional investors in the last quarter, including ARS Investment Partners LLC, EAM Investors LLC, Eidelman Virant Capital, California State Teachers Retirement System, The Manufacturers Life Insurance Company and First Trust Advisors LP. View Insider Buying and Selling for Reading International.

Who bought Reading International stock? Who is buying Reading International stock?

Reading International's stock was bought by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, Sanders Morris Harris LLC, Gamco Investors INC. ET AL, Dimensional Fund Advisors LP, State Street Corp, Teton Advisors Inc., Wittenberg Investment Management Inc. and Northern Trust Corp. View Insider Buying and Selling for Reading International.

How do I buy Reading International stock?

Shares of Reading International can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Reading International's stock price today?

One share of Reading International stock can currently be purchased for approximately $15.95.


MarketBeat Community Rating for Reading International (NASDAQ RDI)
Community Ranking:  3.1 out of 5 (star star star)
Outperform Votes:  78 (Vote Outperform)
Underperform Votes:  47 (Vote Underperform)
Total Votes:  125
MarketBeat's community ratings are surveys of what our community members think about Reading International and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Reading International (NASDAQ:RDI) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Buy Rating
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $26.50 (66.14% upside)

Analysts' Ratings History for Reading International (NASDAQ:RDI)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/16/2017B. RileyReiterated RatingBuy$26.50LowView Rating Details
(Data available from 9/26/2015 forward)

Earnings

Earnings History for Reading International (NASDAQ:RDI)
Earnings by Quarter for Reading International (NASDAQ:RDI)
Earnings History by Quarter for Reading International (NASDAQ RDI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/14/2017        
5/9/2017Q1 2017$0.11$0.13$71.80 million$69.45 millionViewN/AView Earnings Details
3/13/2017Q4 2016$0.08$0.08$62.70 million$67.45 millionViewN/AView Earnings Details
11/8/2016Q316$0.01$0.16$46.12 million$71.30 millionViewN/AView Earnings Details
5/13/2016Q116$0.10$60.60 million$64.80 millionViewN/AView Earnings Details
11/6/2015Q315$0.02$65.00 million$57.80 millionViewN/AView Earnings Details
5/5/2015Q115$0.13$30.60 million$58.10 millionViewN/AView Earnings Details
3/12/2015Q414$0.72$63.54 million$61.74 millionViewN/AView Earnings Details
11/7/2014Q314$0.17$65.50 million$65.00 millionViewN/AView Earnings Details
11/6/2013Q313$0.10$63.90 million$65.50 millionViewN/AView Earnings Details
5/9/2013Q1 2013($0.03)$62.40 million$59.60 millionViewN/AView Earnings Details
3/18/2013Q412($0.06)$57.40 million$65.10 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Reading International (NASDAQ:RDI)
Current Year EPS Consensus Estimate: $0.61 EPS
Next Year EPS Consensus Estimate: $0.65 EPS

Dividends

Dividend History for Reading International (NASDAQ:RDI)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Reading International (NASDAQ:RDI)
Insider Ownership Percentage: 26.75%
Institutional Ownership Percentage: 33.26%
Insider Trades by Quarter for Reading International (NASDAQ:RDI)
Institutional Ownership by Quarter for Reading International (NASDAQ:RDI)
Insider Trades by Quarter for Reading International (NASDAQ:RDI)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/14/2017James J Cotter JrInsiderSell9,888$15.62$154,450.56View SEC Filing  
6/23/2017James J Cotter JrInsiderSell5,112$15.51$79,287.12View SEC Filing  
12/8/2016James J Cotter JrInsiderSell41,603$15.90$661,487.70View SEC Filing  
12/1/2016James J Cotter JrInsiderSell50,000$15.70$785,000.00View SEC Filing  
11/22/2016James J Cotter JrInsiderSell50,000$14.99$749,500.00View SEC Filing  
11/21/2016James J Cotter JrInsiderSell25,000$14.96$374,000.00View SEC Filing  
9/8/2016James J Cotter JrInsiderSell60,000$13.54$812,400.00View SEC Filing  
8/18/2016James J Cotter JrInsiderSell32,000$12.96$414,720.00View SEC Filing  
8/16/2016James J Cotter JrInsiderSell118,000$12.88$1,519,840.00View SEC Filing  
12/9/2015James J Cotter JrMajor ShareholderSell10,000$14.25$142,500.00View SEC Filing  
12/2/2015James J. Cotter, Jr.major shareholderSell16,500$14.45$238,425.00View SEC Filing  
11/27/2015James J. Cotter, Jr.major shareholderSell24,500$14.45$354,025.00View SEC Filing  
11/24/2015James J. Cotter, Jr.major shareholderSell11,000$14.64$161,040.00View SEC Filing  
11/19/2015James J. Cotter, Jr.major shareholderSell13,300$14.60$194,180.00View SEC Filing  
11/17/2015James J. Cotter, Jr.major shareholderSell13,800$14.86$205,068.00View SEC Filing  
1/21/2015Douglas James MceachernDirectorBuy6,000$12.01$72,060.00View SEC Filing  
1/15/2014James J CotterCEOSell12,751$7.40$94,357.40View SEC Filing  
5/21/2013Douglas James MceachernDirectorBuy2,000$6.05$12,100.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Reading International (NASDAQ:RDI)
Latest Headlines for Reading International (NASDAQ:RDI)
Source:
DateHeadline
finance.yahoo.com logoReading International, Inc. :RDI-US: Earnings Analysis: Q2, 2017 By the Numbers : September 25, 2017
finance.yahoo.com - September 25 at 3:47 PM
americanbankingnews.com logoReading International Inc (RDI) Raised to "Buy" at BidaskClub
www.americanbankingnews.com - September 16 at 5:56 PM
americanbankingnews.com logoManchester United (MANU) & Reading International (RDI) Financial Analysis
www.americanbankingnews.com - September 15 at 10:14 PM
americanbankingnews.com logoManchester United (MANU) and Reading International (RDI) Head-To-Head Survey
www.americanbankingnews.com - September 12 at 10:24 PM
finance.yahoo.com logoReading International, Inc. breached its 50 day moving average in a Bullish Manner : RDI-US : September 8, 2017
finance.yahoo.com - September 9 at 7:46 AM
finance.yahoo.com logoReading International Provides Update on California Superior Court Tentative Ruling Regarding the Cotter Living Trust
finance.yahoo.com - September 6 at 7:33 AM
finance.yahoo.com logoReading International Provides Update on California Superior Court Tentative Ruling Regarding the Cotter Living Trust
finance.yahoo.com - September 6 at 7:33 AM
finance.yahoo.com logoReading International to Participate at the 6th Annual Liolios Gateway Conference
finance.yahoo.com - August 30 at 8:30 AM
americanbankingnews.com logoComparing MakeMyTrip Limited (MMYT) and Reading International (RDI)
www.americanbankingnews.com - August 28 at 2:18 AM
americanbankingnews.com logoContrasting MakeMyTrip Limited (MMYT) and Reading International (RDI)
www.americanbankingnews.com - August 25 at 2:10 PM
americanbankingnews.com logoClubCorp Holdings (MYCC) & Reading International (RDI) Head to Head Survey
www.americanbankingnews.com - August 20 at 4:22 PM
finance.yahoo.com logoReading International Announces Date of 2017 Annual Meeting of Stockholders
finance.yahoo.com - August 17 at 7:17 AM
americanbankingnews.com logoReading International's (RDI) "Buy" Rating Reiterated at B. Riley
www.americanbankingnews.com - August 16 at 3:12 PM
finance.yahoo.com logoReading International, Inc. breached its 50 day moving average in a Bullish Manner : RDI-US : August 15, 2017
finance.yahoo.com - August 16 at 7:12 AM
americanbankingnews.com logoReading International Inc (RDI) Insider James J. Cotter, Jr. Sells 9,888 Shares
www.americanbankingnews.com - August 15 at 4:36 PM
americanbankingnews.com logoReading International's (NASDAQ:RDI) Buy Rating Reaffirmed at B. Riley
www.americanbankingnews.com - August 13 at 5:50 PM
finance.yahoo.com logoEdited Transcript of RDI earnings conference call or presentation 10-Aug-17 10:59am GMT
finance.yahoo.com - August 12 at 7:19 AM
americanbankingnews.com logoAnalyzing ILG (IILGV) and Reading International (NASDAQ:RDI)
www.americanbankingnews.com - August 9 at 8:28 PM
finance.yahoo.com logoReading International Announces Second Quarter 2017 Results
finance.yahoo.com - August 9 at 6:48 AM
americanbankingnews.com logoReading International Inc (RDI) Announces Earnings Results
www.americanbankingnews.com - August 8 at 9:30 PM
americanbankingnews.com logoReading International Inc (RDI) Upgraded by Zacks Investment Research to "Hold"
www.americanbankingnews.com - August 8 at 8:08 AM
americanbankingnews.com logoReading International (RDI) versus ILG (IILGV) Critical Survey
www.americanbankingnews.com - August 7 at 6:28 PM
americanbankingnews.com logoReviewing Reading International (NASDAQ:RDI) and ILG (IILGV)
www.americanbankingnews.com - August 5 at 7:09 AM
americanbankingnews.com logoReading International Inc (RDI) Set to Announce Quarterly Earnings on Tuesday
www.americanbankingnews.com - August 4 at 3:32 PM
finance.yahoo.com logoDate of Webcast for Second Quarter 2017 Results Announced by Reading International
finance.yahoo.com - August 4 at 7:34 AM
finance.yahoo.com logoReading International, Inc. breached its 50 day moving average in a Bearish Manner : RDI-US : August 1, 2017
finance.yahoo.com - August 2 at 7:04 AM
americanbankingnews.com logoSteiner Leisure (STNR) versus Reading International (NASDAQ:RDI) Head to Head Survey
www.americanbankingnews.com - July 31 at 12:34 AM
americanbankingnews.com logoComparing ClubCorp Holdings (MYCC) & Reading International (NASDAQ:RDI)
www.americanbankingnews.com - July 29 at 7:21 AM
americanbankingnews.com logoILG (ILG) & Reading International (RDI) Head to Head Contrast
www.americanbankingnews.com - July 25 at 4:24 PM
finance.yahoo.com logoReading International, Inc. breached its 50 day moving average in a Bullish Manner : RDI-US : July 18, 2017
finance.yahoo.com - July 19 at 6:35 AM
americanbankingnews.com logoReading International Inc (NASDAQ:RDI) Downgraded by Zacks Investment Research to "Sell"
www.americanbankingnews.com - July 18 at 9:34 AM
americanbankingnews.com logoReading International (RDI) vs. ILG (IILGV) Critical Analysis
www.americanbankingnews.com - July 13 at 10:23 PM
americanbankingnews.com logo Reading International Inc (RDI) Receives Consensus Rating of "Strong Buy" from Brokerages
www.americanbankingnews.com - July 13 at 9:36 AM
finance.yahoo.com logoReading International, Inc. – Value Analysis (NASDAQ:RDI) : July 10, 2017
finance.yahoo.com - July 11 at 7:00 AM
finance.yahoo.com logoReading International, Inc. breached its 50 day moving average in a Bearish Manner : RDI-US : July 7, 2017
finance.yahoo.com - July 8 at 1:58 PM
americanbankingnews.com logo Reading International Inc (RDI) Given $26.50 Consensus Target Price by Brokerages
www.americanbankingnews.com - June 27 at 7:42 AM
americanbankingnews.com logoReading International Inc (RDI) Insider James J. Cotter, Jr. Sells 5,112 Shares
www.americanbankingnews.com - June 26 at 7:18 PM
finance.yahoo.com logoReading International, Inc. breached its 50 day moving average in a Bearish Manner : RDI-US : June 23, 2017
finance.yahoo.com - June 23 at 9:30 AM
finance.yahoo.com logoReading International Provides Update on New Zealand and Australia Properties
finance.yahoo.com - June 22 at 9:55 AM
americanbankingnews.com logoReviewing Reading International (RDI) and DreamWorks Animation (DWA)
www.americanbankingnews.com - June 17 at 10:44 AM
americanbankingnews.com logo Reading International Inc (RDI) Receives Consensus Rating of "Strong Buy" from Analysts
www.americanbankingnews.com - June 12 at 12:16 PM
finance.yahoo.com logoETFs with exposure to Reading International, Inc. : June 8, 2017
finance.yahoo.com - June 8 at 8:32 PM
finance.yahoo.com logoNYC Joint Development of Cinemas 1,2,3, & Anassa Taverna by Reading International and 260–264 LLC
finance.yahoo.com - June 8 at 8:45 AM
americanbankingnews.com logoReading International, Inc. (RDI) Upgraded to B at TheStreet
www.americanbankingnews.com - June 7 at 2:52 PM
finance.yahoo.com logoReading International, Inc. :RDI-US: Earnings Analysis: Q1, 2017 By the Numbers : June 6, 2017
finance.yahoo.com - June 6 at 8:54 PM
finance.yahoo.com logoReading International Participates at Gabelli’s 9th Annual Movie & Entertainment Conference
finance.yahoo.com - June 5 at 8:06 PM
americanbankingnews.com logoBrokerages Anticipate Reading International, Inc. (RDI) to Announce $0.17 EPS
www.americanbankingnews.com - May 24 at 4:08 PM
americanbankingnews.com logoReading International, Inc. (RDI) Receives "Buy" Rating from B. Riley
www.americanbankingnews.com - May 20 at 10:06 AM
seekingalpha.com logoReading International beats by $0.02, misses on revenue
seekingalpha.com - May 12 at 12:58 AM
americanbankingnews.com logoReading International, Inc. (RDI) Releases Earnings Results, Beats Estimates By $0.02 EPS
www.americanbankingnews.com - May 10 at 6:58 PM

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Reading International (RDI) Chart for Tuesday, September, 26, 2017

This page was last updated on 9/26/2017 by MarketBeat.com Staff