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NASDAQ:RMNI

Rimini Street - RMNI Stock Forecast, Price & News

$4.03
-0.03 (-0.74%)
(As of 03/24/2023 11:12 AM ET)
Add
Compare
Today's Range
$3.97
▼
$4.11
50-Day Range
$4.02
▼
$5.10
52-Week Range
$3.50
▼
$7.25
Volume
24,181 shs
Average Volume
281,081 shs
Market Capitalization
$357.90 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$7.00

Rimini Street MarketRank™ Forecast

Analyst Rating
N/A
0.00 Rating Score
Upside/​Downside
72.4% Upside
$7.00 Price Target
Short Interest
Bearish
4.45% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Selling Shares
$3.53 M Sold Last Quarter
Proj. Earnings Growth
18.18%
From $0.33 to $0.39 Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.09 out of 5 stars

Computer And Technology Sector

363rd out of 604 stocks

Business Services, Not Elsewhere Classified Industry

55th out of 90 stocks

See Top Rated MarketRank™ Stocks Here

RMNI stock logo

About Rimini Street (NASDAQ:RMNI) Stock

Rimini Street, Inc. engages in the provision of enterprise software support products and services. It offers global tax, legal, and regulatory update, security support, proactive support, advanced technology, license advisory and onboarding and archiving services. The company was founded by Seth A. Ravin and Thomas C. Shay on September 8, 2005 and is headquartered in Las Vegas, NV.

Receive RMNI Stock News and Ratings via Email

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RMNI Stock News Headlines

March 22, 2023 | finance.yahoo.com
Rimini Street Formally Launches Rimini ONE™, an End-to-End Outsourcing Solution for Enterprise Applications, Databases and Technology Software
March 15, 2023 | finance.yahoo.com
Rimini Street Earns 2023 Top Workplaces USA Award from Energage
March 24, 2023 | Behind the Markets (Ad)
Buy THIS stock before Taiwan is attacked
... If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. But the good news is, if China invades Taiwan, there is a way to protect yourself.
March 7, 2023 | finance.yahoo.com
Clifford Hallam Healthcare Selects Rimini Consult™ Professional Services to Accelerate Business Targets Through Improved SAP System Operations
March 1, 2023 | barrons.com
Rimini Street Launches Rimini Watch(TM) to Help Organizations Ensure High Performance and Business Continuity for their Enterprise Software
March 1, 2023 | finance.yahoo.com
Rimini Street Launches Rimini Consult™ to Help Organizations Optimize, Evolve and Transform Their Enterprise Software
March 1, 2023 | finance.yahoo.com
Rimini Street Announces Fiscal Fourth Quarter and Annual 2022 Financial and Operational Results
March 1, 2023 | finance.yahoo.com
Rimini Street Launches Rimini Watch™ to Help Organizations Ensure High Performance and Business Continuity for their Enterprise Software
March 24, 2023 | Behind the Markets (Ad)
Buy THIS stock before Taiwan is attacked
... If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. But the good news is, if China invades Taiwan, there is a way to protect yourself.
February 28, 2023 | msn.com
Rimini Street's Earnings: A Preview
February 22, 2023 | finance.yahoo.com
Rimini Street India Celebrates 10-Year Anniversary as an Employer of Choice in Region
February 15, 2023 | finance.yahoo.com
Rimini Street Selects Tokyo for 2023 $50,000 RMNI LOVE Charitable Grant Program
February 6, 2023 | finance.yahoo.com
Rimini Street to Report Fourth Quarter and Fiscal Year 2022 Financial Results on March 1, 2023
February 1, 2023 | finance.yahoo.com
Rimini Street Announces Global Adoption of a Four-Day Workweek Model
January 27, 2023 | finance.yahoo.com
Will Rimini Street (RMNI) Bounce Back?
January 23, 2023 | seekingalpha.com
Rimini Street: A High-Conviction Holding
January 18, 2023 | finance.yahoo.com
Independent Survey of More Than 1,000 CXO Respondents Across UK, Ireland, Nordics and the GCC Show Continued Plan for Digital Transformation Investments in 2023
January 13, 2023 | reuters.com
RMNI.A - | Stock Price & Latest News | Reuters
January 10, 2023 | finance.yahoo.com
Las Vegas software service provider Rimini Street lists Pleasanton office for sublease
January 5, 2023 | finance.yahoo.com
Rimini Street, Inc. (RMNI)
January 4, 2023 | finanznachrichten.de
Rimini Street, Inc.: Rimini Street to Present at the 25th Annual Needham Growth Conference
January 4, 2023 | wsj.com
Rimini Street to Present at the 25(th) Annual Needham Growth Conference
January 4, 2023 | finance.yahoo.com
Rimini Street to Present at the 25th Annual Needham Growth Conference
December 19, 2022 | finance.yahoo.com
Kooksoondang Switches to Rimini Street Support for SAP to Achieve Savings, Better ERP Support and Greater Funding for Innovation
December 13, 2022 | finance.yahoo.com
Officeworks Leverages Rimini Connect™ for Browsers to Maintain Business-Critical Customer Support and Avoid Costly, Disruptive SAP Software Upgrade
December 6, 2022 | finance.yahoo.com
Rimini Street Launches Rimini Connect™ to Help Organizations Future-Proof and Solve Continuously Evolving and Growing Integration and Interoperability Challenges
December 1, 2022 | finance.yahoo.com
Rimini Street Named a Supplier for UK G-Cloud 13 Framework for all its Application, Database, Managed and Professional Services
See More Headlines
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RMNI Company Calendar

Last Earnings
3/01/2023
Today
3/24/2023
Next Earnings (Estimated)
5/03/2023
Fiscal Year End
12/31/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Business services, not elsewhere classified
Sub-Industry
N/A
Sector
Computer and Technology
Current Symbol
NASDAQ:RMNI
CUSIP
N/A
CIK
1635282
Web
www.riministreet.com
Phone
(702) 839-9671
Fax
N/A
Employees
1,920
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$7.00
High Stock Price Forecast
$7.00
Low Stock Price Forecast
$7.00
Forecasted Upside/Downside
+72.4%
Consensus Rating
N/A
Rating Score (0-4)
0.00
Research Coverage
0 Analysts

Profitability

EPS (Most Recent Fiscal Year)
($0.03)
Trailing P/E Ratio
N/A
Forward P/E Ratio
12.30
P/E Growth
N/A
Net Income
$-2,480,000.00
Net Margins
-0.61%
Pretax Margin
0.93%
Return on Equity
-36.98%
Return on Assets
7.56%

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
0.80
Quick Ratio
0.80

Sales & Book Value

Annual Sales
$409.66 million
Price / Sales
0.88
Cash Flow
$0.41 per share
Price / Cash Flow
10.00
Book Value
($0.87) per share
Price / Book
-4.67

Miscellaneous

Outstanding Shares
88,810,000
Free Float
49,278,000
Market Cap
$360.57 million
Optionable
Not Optionable
Beta
0.94

Key Executives

  • Seth A. RavinSeth A. Ravin
    Chairman, President & Chief Executive Officer
  • Kristen Cardinalli
    Chief of Staff & Vice President-Operations
  • Michael L. PericaMichael L. Perica
    Chief Financial Officer & Executive Vice President
  • Steven SalaetsSteven Salaets
    Chief Information Officer & Executive VP
  • Eric Helmer
    Chief Technology Officer & Senior Vice President

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













RMNI Stock - Frequently Asked Questions

What is Rimini Street's stock price forecast for 2023?

0 analysts have issued twelve-month target prices for Rimini Street's shares. Their RMNI share price forecasts range from $7.00 to $7.00. On average, they predict the company's stock price to reach $7.00 in the next year. This suggests a possible upside of 72.4% from the stock's current price.
View analysts price targets for RMNI or view top-rated stocks among Wall Street analysts.

How have RMNI shares performed in 2023?

Rimini Street's stock was trading at $3.81 at the start of the year. Since then, RMNI stock has increased by 6.6% and is now trading at $4.06.
View the best growth stocks for 2023 here.

When is Rimini Street's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 3rd 2023.
View our RMNI earnings forecast.

How were Rimini Street's earnings last quarter?

Rimini Street, Inc. (NASDAQ:RMNI) posted its earnings results on Wednesday, March, 1st. The company reported $0.15 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.06 by $0.09. The firm earned $108.62 million during the quarter, compared to the consensus estimate of $104.24 million. Rimini Street had a negative net margin of 0.61% and a negative trailing twelve-month return on equity of 36.98%.

What ETFs hold Rimini Street's stock?

ETFs with the largest weight of Rimini Street (NASDAQ:RMNI) stock in their portfolio include Ballast Small/Mid Cap ETF (MGMT).Hartford Multifactor Small Cap ETF (ROSC).

What guidance has Rimini Street issued on next quarter's earnings?

Rimini Street updated its first quarter 2023 earnings guidance on Wednesday, March, 1st. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $101.00 million-$103.00 million, compared to the consensus revenue estimate of $104.31 million.

What other stocks do shareholders of Rimini Street own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Rimini Street investors own include CA (CA), BlackRock (BLK), Endologix (ELGX), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW), Vista Outdoor (VSTO), AutoZone (AZO), NanoString Technologies (NSTG), Precision Drilling (PD) and Designer Brands (DBI).

What is Rimini Street's stock symbol?

Rimini Street trades on the NASDAQ under the ticker symbol "RMNI."

Who are Rimini Street's major shareholders?

Rimini Street's stock is owned by a variety of retail and institutional investors. Top institutional investors include Diamond Hill Capital Management Inc. (4.61%), Voss Capital LLC (2.20%), Pacific Ridge Capital Partners LLC (1.60%), Morgan Stanley (1.52%), Avalon Investment & Advisory (1.34%) and AQR Capital Management LLC (1.31%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Rimini Street's stock price today?

One share of RMNI stock can currently be purchased for approximately $4.06.

How much money does Rimini Street make?

Rimini Street (NASDAQ:RMNI) has a market capitalization of $360.57 million and generates $409.66 million in revenue each year. The company earns $-2,480,000.00 in net income (profit) each year or ($0.03) on an earnings per share basis.

How many employees does Rimini Street have?

The company employs 1,920 workers across the globe.

How can I contact Rimini Street?

Rimini Street's mailing address is 3993 HOWARD HUGHES PARKWAY SUITE 500, LAS VEGAS NV, 89169. The official website for the company is www.riministreet.com. The company can be reached via phone at (702) 839-9671 or via email at ir@riministreet.com.

This page (NASDAQ:RMNI) was last updated on 3/24/2023 by MarketBeat.com Staff