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High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
66,000% upside on tiny biotech? (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
66,000% upside on tiny biotech? (Ad)
Canadian autoworkers ratify new labor agreement with Ford
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
Forget NVDA. Buy this A.I. stock instead (Ad)
A coal mine fire in southern China's Guizhou province kills 16 people
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
66,000% upside on tiny biotech? (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
66,000% upside on tiny biotech? (Ad)
Canadian autoworkers ratify new labor agreement with Ford
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
Forget NVDA. Buy this A.I. stock instead (Ad)
A coal mine fire in southern China's Guizhou province kills 16 people
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
66,000% upside on tiny biotech? (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
66,000% upside on tiny biotech? (Ad)
Canadian autoworkers ratify new labor agreement with Ford
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
Forget NVDA. Buy this A.I. stock instead (Ad)
A coal mine fire in southern China's Guizhou province kills 16 people
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
66,000% upside on tiny biotech? (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
66,000% upside on tiny biotech? (Ad)
Canadian autoworkers ratify new labor agreement with Ford
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
Forget NVDA. Buy this A.I. stock instead (Ad)
A coal mine fire in southern China's Guizhou province kills 16 people
NASDAQ:RMNI

Rimini Street (RMNI) Stock Forecast, Price & News

$2.18
+0.01 (+0.46%)
(As of 09/22/2023 ET)
Compare
Today's Range
$2.18
$2.22
50-Day Range
$2.17
$5.28
52-Week Range
$2.15
$5.83
Volume
231,914 shs
Average Volume
406,580 shs
Market Capitalization
$194.22 million
P/E Ratio
43.60
Dividend Yield
N/A
Price Target
N/A

Rimini Street MarketRank™ Forecast

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
4.29% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Selling Shares
$102,521 Sold Last Quarter
Proj. Earnings Growth
-10.34%
From $0.29 to $0.26 Per Share

Overall MarketRank

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

2.01 out of 5 stars

Computer And Technology Sector

407th out of 586 stocks

Business Services, Not Elsewhere Classified Industry

67th out of 89 stocks


RMNI stock logo

About Rimini Street (NASDAQ:RMNI) Stock

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 Price History

RMNI Stock News Headlines

His system isolated NVIDIA - Here's His Next Buy.
Most investors don't know the truth about A.I. 50-year Wall Street Insider Marc Chaikin reveals what you should be doing to profit. Learn more here.
His system isolated NVIDIA - Here's His Next Buy.
Most investors don't know the truth about A.I. 50-year Wall Street Insider Marc Chaikin reveals what you should be doing to profit. Learn more here.
Rimini Street Earnings Preview
Rimini Street Statement on U.S. Federal Court Ruling
RMNI - Rimini Street, Inc.
Craig-Hallum Keeps Their Buy Rating on Rimini Street (RMNI)
See More Headlines
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RMNI Company Calendar

Last Earnings
8/02/2023
Today
9/24/2023
Next Earnings (Estimated)
11/01/2023
Fiscal Year End
12/31/2023

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
3.41%

Debt

Sales & Book Value

Annual Sales
$409.66 million
Cash Flow
$0.42 per share
Book Value
($0.87) per share

Miscellaneous

Free Float
52,276,000
Market Cap
$194.22 million
Optionable
Not Optionable
Beta
0.86
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Key Executives

  • Mr. Seth A. RavinMr. Seth A. Ravin (Age 56)
    Founder, Chairman, CEO & Pres
    Comp: $1.2M
  • Mr. Michael L. PericaMr. Michael L. Perica
    Exec. VP, CFO & Principal Accounting Officer
  • Mr. Steven SalaetsMr. Steven Salaets (Age 45)
    Exec. VP & Chief Information Officer
    Comp: $521.67k
  • Mr. Kevin Maddock (Age 57)
    Exec. VP of Sales Renewals – Global & Chief Recurring Revenue Officer
    Comp: $587.83k
  • Ms. Nancy Lyskawa (Age 60)
    Exec. VP & Chief Client Officer
    Comp: $532.13k
  • Ms. Alisa De Dominicis
    VP of Global Operations, Legal, Ethics & Compliance
  • Mr. Eric Helmer
    Sr. VP & CTO
  • Mr. Dean Pohl
    VP of Investor Relations
  • Mr. Michael Spencer
    GVP, Chief Counsel and Chief Ethics & Compliance Officer
  • Ms. Janet Ravin
    VP of Global Communications, Culture & Experience













RMNI Stock - Frequently Asked Questions

Should I buy or sell Rimini Street stock right now?

1 Wall Street 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 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 2023?

Rimini Street's stock was trading at $3.81 at the beginning of the year. Since then, RMNI stock has decreased by 42.8% and is now trading at $2.18.
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, November 1st 2023.
View our RMNI earnings forecast
.

How were Rimini Street's earnings last quarter?

Rimini Street, Inc. (NASDAQ:RMNI) issued its earnings results on Wednesday, August, 2nd. The company reported $0.06 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.09 by $0.03. The business had revenue of $106.42 million for the quarter, compared to analysts' expectations of $105.20 million. Rimini Street had a net margin of 1.00% and a negative trailing twelve-month return on equity of 45.28%.

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

Rimini Street issued an update on its third quarter 2023 earnings guidance on Wednesday, August, 2nd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $105.50 million-$107.50 million, compared to the consensus revenue estimate of $106.16 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 shareholders include Diamond Hill Capital Management Inc. (4.57%), BlackRock Inc. (3.86%), Geode Capital Management LLC (1.23%), Dimensional Fund Advisors LP (1.18%), Acadian Asset Management LLC (1.17%) and State Street Corp (1.05%). 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 $2.18.

How much money does Rimini Street make?

Rimini Street (NASDAQ:RMNI) has a market capitalization of $194.22 million and generates $409.66 million in revenue each year. The company earns $-2,480,000.00 in net income (profit) each year or $0.05 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 9/24/2023 by MarketBeat.com Staff

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