NASDAQ:RMNI

Rimini Street Stock Forecast, Price & News

$8.74
+0.05 (+0.58 %)
(As of 08/2/2021 10:15 AM ET)
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Today's Range
$8.70
$8.85
50-Day Range
$6.16
$8.69
52-Week Range
$3.04
$10.72
Volume797 shs
Average Volume482,255 shs
Market Capitalization$745.22 million
P/E RatioN/A
Dividend YieldN/A
Beta0.63
30 days | 90 days | 365 days | Advanced Chart
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Rimini Street logo

About Rimini Street

Rimini Street, Inc. provides enterprise software products, services, and support for various industries. The company offers software support services for Oracle and SAP enterprise software products. It sells its solutions primarily through direct sales organizations in North America, Latin America, Europe, Africa, the Middle East, Asia, and the Asia-Pacific. Rimini Street, Inc. was founded in 2005 and is headquartered in Las Vegas, Nevada.

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MarketRank

Overall MarketRank

2.60 out of 5 stars

Computer And Technology Sector

88th out of 1,646 stocks

Business Services, Not Elsewhere Classified Industry

17th out of 214 stocks

Analyst Opinion: 3.4Community Rank: 4.4Dividend Strength: 0.0Insider Behavior: 3.3Valuation: 1.9 5 -4 -3 -2 -1 -
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Rimini Street (NASDAQ:RMNI) Frequently Asked Questions

Is Rimini Street a buy right now?

5 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 and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Rimini Street stock.
View analyst ratings for Rimini Street
or view top-rated stocks.

What stocks does MarketBeat like better than Rimini Street?

Wall Street analysts have given Rimini Street a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Rimini Street wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Rimini Street?

Rimini Street saw a increase in short interest in the month of June. As of June 30th, there was short interest totaling 1,680,000 shares, an increase of 31.3% from the June 15th total of 1,280,000 shares. Based on an average trading volume of 474,300 shares, the days-to-cover ratio is presently 3.5 days. Currently, 4.6% of the company's shares are sold short.
View Rimini Street's Short Interest
.

When is Rimini Street's next earnings date?

Rimini Street is scheduled to release its next quarterly earnings announcement on Wednesday, August 4th 2021.
View our earnings forecast for Rimini Street
.

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

Rimini Street will be holding an earnings conference call on Wednesday, August 4th 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 earnings results on Monday, May, 10th. The company reported ($0.01) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.08 by $0.09. The business had revenue of $87.90 million for the quarter, compared to analyst estimates of $88.37 million. Rimini Street had a negative net margin of 3.81% and a negative trailing twelve-month return on equity of 11.48%.
View Rimini Street's earnings history
.

How has Rimini Street's stock been impacted by Coronavirus (COVID-19)?

Rimini Street's stock was trading at $4.06 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, RMNI stock has increased by 114.3% and is now trading at $8.70.
View which stocks have been most impacted by COVID-19
.

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

Rimini Street updated its second quarter 2021 earnings guidance on Tuesday, June, 8th. The company provided EPS guidance of $- for the period. The company issued revenue guidance of $88.50 million-90.50 million, compared to the consensus revenue estimate of $90.49 million.

What price target have analysts set for RMNI?

5 Wall Street analysts have issued 1-year price targets for Rimini Street's shares. Their forecasts range from $8.00 to $13.50. On average, they expect Rimini Street's stock price to reach $11.10 in the next year. This suggests a possible upside of 27.6% from the stock's current price.
View analysts' price targets for Rimini Street
or view top-rated stocks among Wall Street analysts.

Who are Rimini Street's key executives?

Rimini Street's management team includes the following people:
  • Mr. Seth A. Ravin, Founder, Chairman & CEO (Age 54, Pay $754.16k)
  • Mr. Gerard Brossard, Chief Operating Officer (Age 56, Pay $668.99k)
  • Mr. David Rowe, Exec. VP & Chief Marketing Officer (Age 55, Pay $493.49k)
  • Mr. Sebastian Grady, Pres (Age 56)
  • Mr. Michael L. Perica, Exec. VP, CFO & Principal Accounting Officer
  • Mr. Alex Goldvug, VP of Global Operations
  • Mr. Steven Salaets, Chief Information Officer, Chief People Officer and EVP of Global Security, Quality & Internal Audit (Age 43)
  • Mr. Dean Pohl, VP of Investor Relations
  • Mr. Daniel B. Winslow, Exec. VP, Chief Legal Officer & Sec. (Age 62)
  • Mr. James L. Butler, Exec. VP, Chief Ethics & Compliance Officer

Who are some of Rimini Street's key competitors?

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 many different retail and institutional investors. Top institutional investors include Avalon Investment & Advisory (1.26%), Kirr Marbach & Co. LLC IN (0.09%) and Cutler Group LP (0.00%). Company insiders that own Rimini Street stock include Brigade Leveraged Capital Stru, Daniel B Winslow, David W Rowe, Gerard Brossard, Kevin Maddock, Nancy Lyskawa, Sebastian Grady, Seth A Ravin, Stanley Mbugua and Stella Point Capital Llc.
View institutional ownership trends for Rimini Street
.

Which institutional investors are buying Rimini Street stock?

RMNI stock was acquired by a variety of institutional investors in the last quarter, including Avalon Investment & Advisory, Kirr Marbach & Co. LLC IN, and Cutler Group LP.
View insider buying and selling activity for Rimini Street
or or view top insider-buying stocks.

How do I buy shares of Rimini Street?

Shares of RMNI 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 $8.70.

How much money does Rimini Street make?

Rimini Street has a market capitalization of $741.81 million and generates $326.78 million in revenue each year. The company earns $12.98 million in net income (profit) each year or $0.41 on an earnings per share basis.

How many employees does Rimini Street have?

Rimini Street employs 1,420 workers across the globe.

What is Rimini Street's official website?

The official website for Rimini Street is www.riministreet.com.

Where are Rimini Street's headquarters?

Rimini Street is headquartered at 3993 HOWARD HUGHES PARKWAY SUITE 500, LAS VEGAS NV, 89169.

How can I contact Rimini Street?

Rimini Street's mailing address is 3993 HOWARD HUGHES PARKWAY SUITE 500, LAS VEGAS NV, 89169. The company can be reached via phone at 702-839-9671 or via email at [email protected]


This page was last updated on 8/2/2021 by MarketBeat.com Staff
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