Reis, Inc., through its subsidiary, Reis Services, provides commercial real estate market information and analytical tools to real estate professionals in the United States. The company maintains a proprietary database containing information on commercial properties, including apartment, office, retail, warehouse/distribution, flex/research and development, self-storage, and seniors and student housing properties in the metropolitan markets and neighborhoods. Its data is used by real estate investors, lenders, and other professionals to make informed buying, selling, and financing decisions; and debt and equity investors to assess, quantify, and manage the risks of default and loss associated with individual mortgages, properties, portfolios, and real estate backed securities. The company's product portfolio features Reis SE, a flagship delivery platform aimed at larger and mid-sized enterprises; Reis Portfolio CRE and other portfolio support products and services aimed at risk managers and credit administrators at banks and non-bank lending institutions; and ReisReports aimed at prosumers and smaller enterprises. Its products offer online access to a proprietary database of commercial real estate information and analytical tools designed to facilitate debt and equity transactions, and ongoing asset and portfolio evaluations; and access to market trends and forecasts at metropolitan and neighborhood levels, as well as building-specific information, such as rents, vacancy rates, lease terms, property sales, new construction listings, property valuation estimates, and property level tax information. The company serves various lending institutions, equity investors, brokers, and appraisers. The company was formerly known as Wellsford Real Properties, Inc. and changed its name to Reis, Inc. in May 2007. Reis, Inc. was founded in 1980 and is based in New York, New York.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Business services, not elsewhere classified
Sub-IndustryN/A
SectorFinance
SymbolNASDAQ:REIS
CUSIPN/A
Phone212-921-1122
Debt
Debt-to-Equity RatioN/A
Current Ratio0.84
Quick Ratio0.84
Price-To-Earnings
Trailing P/E Ratio143.59
Forward P/E Ratio382.92
P/E GrowthN/A
Sales & Book Value
Annual Sales$48.19 million
Price / Sales5.52
Cash Flow$0.8722 per share
Price / Cash26.34
Book Value$7.71 per share
Price / Book2.98
Profitability
EPS (Most Recent Fiscal Year)$0.16
Net Income$-3,150,000.00
Net Margins-10.19%
Return on Equity1.03%
Return on Assets0.76%
Miscellaneous
Employees268
Outstanding Shares11,570,000
Market Cap$265.52 million
Reis (NASDAQ:REIS) Frequently Asked Questions
What is Reis' stock symbol?
Reis trades on the NASDAQ under the ticker symbol "REIS."
How often does Reis pay dividends? What is the dividend yield for Reis?
Reis declared a quarterly dividend on Wednesday, August 15th. Shareholders of record on Thursday, September 6th will be paid a dividend of $0.19 per share on Thursday, September 13th. This represents a $0.76 annualized dividend and a yield of 3.31%. The ex-dividend date of this dividend is Wednesday, September 5th. View Reis' Dividend History.
How were Reis' earnings last quarter?
Reis Inc (NASDAQ:REIS) issued its earnings results on Thursday, August, 9th. The business services provider reported ($0.04) EPS for the quarter, missing the consensus estimate of $0.01 by $0.05. The business services provider earned $11.98 million during the quarter, compared to analysts' expectations of $11.91 million. Reis had a positive return on equity of 1.03% and a negative net margin of 10.19%. View Reis' Earnings History.
When is Reis' next earnings date?
What price target have analysts set for REIS?
2 brokerages have issued 1-year price objectives for Reis' stock. Their predictions range from $23.00 to $23.00. On average, they expect Reis' share price to reach $23.00 in the next year. This suggests a possible upside of 0.1% from the stock's current price. View Analyst Price Targets for Reis.
What is the consensus analysts' recommendation for Reis?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Reis in the last year. There are currently 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Reis.
What are Wall Street analysts saying about Reis stock?
Here are some recent quotes from research analysts about Reis stock:
- 1. According to Zacks Investment Research, "Reis provide commercial real estate market information and analytical tools to real estate professionals through its Reis Services subsidiary. Reis maintain a proprietary database containing detailed information on commercial properties in metropolitan markets and neighborhoods throughout the U.S. The database contains information on apartment, office, retail, warehouse/distribution, flex/research & development, self storage, seniors housing and student housing properties, and is used by real estate investors, lenders and other professionals to make informed buying, selling and financing decisions. In addition, Reis data is used by debt and equity investors to assess, quantify and manage the risks of default and loss associated with individual mortgages, properties, portfolios and real estate backed securities. Reis currently provide its information services to many of the nation's leading lending institutions, equity investors, brokers and appraisers. " (7/10/2018)
- 2. B. Riley analysts commented, "We expect Q3 results to be in line with our estimates and expect management to maintain FY ’17 guidance of 0-2% Y-o-Y revenue growth with an adjusted EBITDA margin of ~24%, and adjusted Services EBITDA margin of 29%. We note that while REIS’ sluggish performance in Q2 and FY ‘17 guidance cut (from 5%-7% Y-o-Y to 0%-2% Y-o-Y) was disappointing, we believe the growth acceleration has just shifted to the right by 1-2 quarters." (10/30/2017)
Who are some of Reis' key competitors?
Some companies that are related to Reis include eXp World (EXPI), Cass Information Systems (CASS), QuinStreet (QNST), i3 Verticals (IIIV), B. Riley Financial (RILY), Qiwi (QIWI), Limelight Networks (LLNW), TechTarget (TTGT), Resources Connection (RECN), Rimini Street (RMNI), InnerWorkings (INWK), NEWTEK Business Services (NEWT), International Money Express (IMXI), Moneygram International (MGI) and Servicesource International (SREV).
Who are Reis' key executives?
Reis' management team includes the folowing people:
- Mr. Lloyd Lynford, Co-Founder, Pres, CEO & Director (Age 62)
- Mr. Jonathan Garfield, Co-Founder, Exec. VP, Corp. Sec. & Director (Age 62)
- Mr. Mark P. Cantaluppi, VP & CFO (Age 48)
- Mr. William Sander, COO & Pres of Reis Services LLC (Age 51)
- Mr. Michael J. Richardson, Exec. VP of Sales & Marketing (Age 54)
Who are Reis' major shareholders?
Reis' stock is owned by many different of institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (7.11%), BlackRock Inc. (5.47%), Renaissance Technologies LLC (2.95%), Cowen Prime Services LLC (1.80%), Northern Trust Corp (1.14%) and Acuitas Investments LLC (0.75%). Company insiders that own Reis stock include Jonathan Garfield, Lloyd Lynford, Mark P Cantaluppi and William Sander. View Institutional Ownership Trends for Reis.
Which major investors are selling Reis stock?
REIS stock was sold by a variety of institutional investors in the last quarter, including Wasatch Advisors Inc., Advisors Asset Management Inc., Dimensional Fund Advisors LP, Advisors Asset Management Inc. and Cowen Prime Services LLC. Company insiders that have sold Reis company stock in the last year include Jonathan Garfield, Lloyd Lynford, Mark P Cantaluppi and William Sander. View Insider Buying and Selling for Reis.
Which major investors are buying Reis stock?
REIS stock was acquired by a variety of institutional investors in the last quarter, including Acuitas Investments LLC, BlackRock Inc., Renaissance Technologies LLC, Northern Trust Corp, Strs Ohio, Bank of America Corp DE and Stanley Laman Group Ltd.. View Insider Buying and Selling for Reis.
How do I buy shares of Reis?
Shares of REIS 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 Reis' stock price today?
One share of REIS stock can currently be purchased for approximately $22.9750.
How big of a company is Reis?
Reis has a market capitalization of $265.52 million and generates $48.19 million in revenue each year. The business services provider earns $-3,150,000.00 in net income (profit) each year or $0.16 on an earnings per share basis. Reis employs 268 workers across the globe.
What is Reis' official website?
How can I contact Reis?
Reis' mailing address is 1185 AVENUE OF THE AMERICAS, NEW YORK NY, 10036. The business services provider can be reached via phone at 212-921-1122 or via email at [email protected]
MarketBeat Community Rating for Reis (NASDAQ REIS)
MarketBeat's community ratings are surveys of what our community members think about Reis and other stocks. Vote "Outperform" if you believe REIS will outperform the S&P 500 over the long term. Vote "Underperform" if you believe REIS will underperform the S&P 500 over the long term. You may vote once every thirty days.
