NASDAQ:RMNI - Rimini Street Stock Price, Forecast & News

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

Rimini Street Inc (NASDAQ:RMNI) issued its quarterly earnings results on Thursday, November, 7th. The company reported $0.10 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.04 by $0.06. The company earned $68.95 million during the quarter, compared to analysts' expectations of $69.21 million. Rimini Street had a net margin of 2.78% and a negative return on equity of 8.25%. View Rimini Street's Earnings History.

Rimini Street is scheduled to release their next quarterly earnings announcement on Thursday, March 12th 2020. View Earnings Estimates for Rimini Street.

Rimini Street updated its fourth quarter 2019 After-Hours earnings guidance on Monday, November, 25th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $$71.3-72.3 million, compared to the consensus revenue estimate of $$72.28 million.

Media headlines about RMNI stock have trended somewhat positive this week, InfoTrie Sentiment reports. InfoTrie scores the sentiment of media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Rimini Street earned a news sentiment score of 1.6 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the near term. View News Stories for Rimini Street.

Rimini Street saw a decrease in short interest during the month of January. As of January 31st, there was short interest totalling 195,800 shares, a decrease of 8.4% from the January 15th total of 213,700 shares. Based on an average daily trading volume, of 76,800 shares, the days-to-cover ratio is currently 2.5 days. Approximately 1.1% of the shares of the company are short sold. View Rimini Street's Current Options Chain.

Some companies that are related to Rimini Street include Viad (VVI), Qiwi (QIWI), Phreesia (PHR), LendingClub (LC), Radware (RDWR), Conduent (CNDT), i3 Verticals (IIIV), Fiverr International (FVRR), TechTarget (TTGT), Cass Information Systems (CASS), QuinStreet (QNST), Repay (RPAY), B. Riley Financial (RILY), Emerald Expositions Events (EEX) and Limelight Networks (LLNW).

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), Precision Drilling (PD), NanoString Technologies (NSTG) and Designer Brands (DBI).

Rimini Street's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Voss Capital LLC (1.98%), Kingstown Capital Management L.P. (1.34%), Renaissance Technologies LLC (0.59%), State Street Corp (0.52%), Martingale Asset Management L P (0.24%) and Acadian Asset Management LLC (0.16%). Company insiders that own Rimini Street stock include Brian Slepko, Brigade Leveraged Capital Stru, David W Rowe, James Petraglia, Kevin Maddock, Nancy Lyskawa, Sebastian Grady, Seth A Ravin, Stella Point Capital Llc, Thomas B Sabol and Thomas C Shay. View Institutional Ownership Trends for Rimini Street.

RMNI stock was sold by a variety of institutional investors in the last quarter, including Cowen AND Company LLC, Kingstown Capital Management L.P., Alambic Investment Management L.P. and Bank of America Corp DE. Company insiders that have sold Rimini Street company stock in the last year include Brigade Leveraged Capital Stru, David W Rowe, Kevin Maddock, Nancy Lyskawa, Sebastian Grady, Seth A Ravin and Stella Point Capital Llc. View Insider Buying and Selling for Rimini Street.

RMNI stock was purchased by a variety of institutional investors in the last quarter, including Voss Capital LLC, Renaissance Technologies LLC, Zebra Capital Management LLC, Acadian Asset Management LLC, State Street Corp, Martingale Asset Management L P, Los Angeles Capital Management & Equity Research Inc. and Bessemer Group Inc.. Company insiders that have bought Rimini Street stock in the last two years include James Petraglia, Seth A Ravin and Thomas B Sabol. View Insider Buying and Selling for 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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of RMNI stock can currently be purchased for approximately $4.99.

Rimini Street has a market capitalization of $335.68 million and generates $252.79 million in revenue each year. The company earns $-67,960,000.00 in net income (profit) each year or ($0.32) on an earnings per share basis. Rimini Street employs 1,080 workers across the globe.View Additional Information About Rimini Street.

The official website for Rimini Street is http://www.riministreet.com/.

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]