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S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Dell Technologies breaks out ahead of earnings release
SHOCKING Crypto Leak Reveal Crypto's Set To SURGE (Ad)
Dropbox’s stock is a falling knife worth catching
Novavax’s dispute resolution and upcoming earnings call
Free Stock Analysis Report: See The True Value of Any Stock (Ad)
Stock ideas from the 2024 Microcap Conference
Warner Bros. Discover: Debt down, profits up, yet questions remain
Is this AI's biggest breakthrough to date? (Ad)
Gloom settles over Germany's economy, with businesses downbeat about the coming months
Sprouts, Block rise; Booking Holdings, Insulet fall, Friday, 2/23/2024
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Dell Technologies breaks out ahead of earnings release
SHOCKING Crypto Leak Reveal Crypto's Set To SURGE (Ad)
Dropbox’s stock is a falling knife worth catching
Novavax’s dispute resolution and upcoming earnings call
Free Stock Analysis Report: See The True Value of Any Stock (Ad)
Stock ideas from the 2024 Microcap Conference
Warner Bros. Discover: Debt down, profits up, yet questions remain
Is this AI's biggest breakthrough to date? (Ad)
Gloom settles over Germany's economy, with businesses downbeat about the coming months
Sprouts, Block rise; Booking Holdings, Insulet fall, Friday, 2/23/2024
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Dell Technologies breaks out ahead of earnings release
SHOCKING Crypto Leak Reveal Crypto's Set To SURGE (Ad)
Dropbox’s stock is a falling knife worth catching
Novavax’s dispute resolution and upcoming earnings call
Free Stock Analysis Report: See The True Value of Any Stock (Ad)
Stock ideas from the 2024 Microcap Conference
Warner Bros. Discover: Debt down, profits up, yet questions remain
Is this AI's biggest breakthrough to date? (Ad)
Gloom settles over Germany's economy, with businesses downbeat about the coming months
Sprouts, Block rise; Booking Holdings, Insulet fall, Friday, 2/23/2024
NASDAQ:RMNI

Rimini Street (RMNI) Stock Price, News & Analysis

$3.08
+0.10 (+3.36%)
(As of 02/23/2024 ET)
Today's Range
$2.95
$3.10
50-Day Range
$2.98
$3.42
52-Week Range
$2.01
$5.32
Volume
145,178 shs
Average Volume
274,832 shs
Market Capitalization
$275.32 million
P/E Ratio
23.69
Dividend Yield
N/A
Price Target
N/A

Rimini Street MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Bearish
7.35% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.20mentions of Rimini Street in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
$36,163 Sold Last Quarter
Proj. Earnings Growth
-5.88%
From $0.34 to $0.32 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.76 out of 5 stars

Computer And Technology Sector

532nd out of 582 stocks

Business Services, Not Elsewhere Classified Industry

77th out of 84 stocks


RMNI stock logo

About Rimini Street Stock (NASDAQ:RMNI)

Rimini Street, Inc. provides enterprise software products, services, and support for various industries. The company offers application management services for Oracle and SAP enterprise software products. It also provides Rimini ONE, an outsourcing option that offers a set of unified and integrated services to run, manage, support, customize, configure, connect, protect, monitor, and optimize its clients' application, database, and technology enterprise software; Rimini Support solution for a range of enterprise software vendors, product families and product lines; Rimini Manage, a suite of managed services for application and database software; Rimini Protect, a suite of managed security solutions for applications, databases, and technology infrastructure; and Rimini Connect, a suite of managed interoperability solutions for browsers, operating systems, and email systems. In addition, the company offers Rimini Watch, a suite of observability solutions that include monitoring and system health check solutions; and Rimini Consult, a suite of professional services for clients' enterprise software customization, configuration, implementation, integration, interoperability, migration, staff augmentation, and other project needs. It sells its solutions primarily through direct sales organizations in North America, Latin America, Europe, Africa, the Middle East, Asia, and the Asia-Pacific. The company was incorporated in 2005 and is headquartered in Las Vegas, Nevada.

RMNI Stock Price History

RMNI Stock News Headlines

Rimini Street (RMNI) to Release Earnings on Wednesday
SHOCKING Crypto Leak Reveal Crypto's Set To SURGE
A shocking leak has revealed tech giant Microsoft plans to add crypto support to future products. If the plans in these leaked documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, and MORE. The coupling of gaming and cryptocurrency could transform digital finance as we know it. We've gathered 27 experts to share their top picks and predictions for the 2024 crypto bull run.
RMNI Mar 2024 5.000 put
SHOCKING Crypto Leak Reveal Crypto's Set To SURGE
A shocking leak has revealed tech giant Microsoft plans to add crypto support to future products. If the plans in these leaked documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, and MORE. The coupling of gaming and cryptocurrency could transform digital finance as we know it. We've gathered 27 experts to share their top picks and predictions for the 2024 crypto bull run.
Rimini Street Appoints Gertrude Van Horn as CIO
Rimini Street (RMNI) Earnings Dates & Reports
Rimini Street Inc RMNI
Rimini Street (RMNI) is Declining on a Litigation Ruling
See More Headlines
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Company Calendar

Last Earnings
3/02/2021
Today
2/23/2024
Next Earnings (Confirmed)
2/28/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Business services, not elsewhere classified
Sub-Industry
N/A
Current Symbol
NASDAQ:RMNI
Fax
N/A
Employees
1,920
Year Founded
N/A

Profitability

Net Income
$-2,480,000.00
Pretax Margin
6.00%

Debt

Sales & Book Value

Annual Sales
$409.66 million
Cash Flow
$0.43 per share
Book Value
($0.87) per share

Miscellaneous

Free Float
52,453,000
Market Cap
$275.32 million
Optionable
Optionable
Beta
1.25
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Key Executives















RMNI Stock Analysis - Frequently Asked Questions

Should I buy or sell Rimini Street stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Rimini Street in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" RMNI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RMNI, but not buy additional shares or sell existing shares.
View RMNI analyst ratings
or view top-rated stocks.

How have RMNI shares performed in 2024?

Rimini Street's stock was trading at $3.27 at the beginning of the year. Since then, RMNI shares have decreased by 5.8% and is now trading at $3.08.
View the best growth stocks for 2024 here
.

Are investors shorting Rimini Street?

Rimini Street saw a increase in short interest in the month of January. As of January 31st, there was short interest totaling 3,340,000 shares, an increase of 65.3% from the January 15th total of 2,020,000 shares. Based on an average daily trading volume, of 400,400 shares, the short-interest ratio is presently 8.3 days. Currently, 7.4% of the company's stock are sold short.
View Rimini Street's Short Interest
.

When is Rimini Street's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 28th 2024.
View our RMNI earnings forecast
.

How can I listen to Rimini Street's earnings call?

Rimini Street will be holding an earnings conference call on Wednesday, February 28th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

How were Rimini Street's earnings last quarter?

Rimini Street, Inc. (NASDAQ:RMNI) released its quarterly earnings results on Tuesday, March, 2nd. The company reported ($0.03) earnings per share for the quarter, missing analysts' consensus estimates of $0.03 by $0.06. The firm earned $87.83 million during the quarter, compared to analyst estimates of $83.53 million. Rimini Street had a net margin of 2.67% and a negative trailing twelve-month return on equity of 53.85%.
Read the conference call transcript
.

What ETF holds Rimini Street's stock ?

Ballast Small/Mid Cap ETF holds 388,201 shares of RMNI stock, representing 1.20% of its portfolio.

What other stocks do shareholders of Rimini Street own?
Who are Rimini Street's major shareholders?

Rimini Street's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (4.96%), Brooktree Capital Management (2.85%), Pacific Ridge Capital Partners LLC (1.55%), Dimensional Fund Advisors LP (0.90%), Northern Trust Corp (0.52%) and Bard Associates Inc. (0.35%). Insiders that own company stock include Brian Slepko, Daniel B Winslow, David W Rowe, Gerard Brossard, Gpiac, Llc, Kevin Maddock, Michael L Perica, Nancy Lyskawa, Sebastian Grady, Seth A Ravin, Stanley Mbugua and Steven Salaets.
View institutional ownership trends
.

How do I buy shares of Rimini Street?

Shares of RMNI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:RMNI) was last updated on 2/24/2024 by MarketBeat.com Staff