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Rimini Street Stock Price, Forecast & Analysis (NASDAQ:RMNI)

$4.03
+0.03 (+0.75 %)
(As of 11/16/2019 08:00 AM ET)
Today's Range
$3.95
Now: $4.03
$4.06
50-Day Range
$3.81
MA: $4.07
$4.40
52-Week Range
$3.63
Now: $4.03
$6.08
Volume38,400 shs
Average Volume59,807 shs
Market Capitalization$271.10 million
P/E RatioN/A
Dividend YieldN/A
Beta-0.15
Rimini Street, Inc. provides enterprise software products and services for various industries. The company offers third-party support for Oracle and SAP 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. The company was founded in 2005 and is headquartered in Las Vegas, Nevada.

Industry, Sector and Symbol

Industry Business services, not elsewhere classified
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNASDAQ:RMNI
CUSIPN/A
Phone702-839-9671

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$252.79 million
Book Value($3.85) per share

Profitability

Net Income$-67,960,000.00

Miscellaneous

Employees1,080
Market Cap$271.10 million
Next Earnings Date3/12/2020 (Estimated)
OptionableNot Optionable

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Rimini Street (NASDAQ:RMNI) Frequently Asked Questions

What is Rimini Street's stock symbol?

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

How were Rimini Street's earnings last quarter?

Rimini Street Inc (NASDAQ:RMNI) released its quarterly earnings results on Thursday, November, 7th. The company reported $0.10 earnings per share for the quarter, topping 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 negative return on equity of 8.25% and a net margin of 2.78%. View Rimini Street's Earnings History.

When is Rimini Street's next earnings date?

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

What price target have analysts set for RMNI?

1 Wall Street analysts have issued 1-year price targets for Rimini Street's stock. Their forecasts range from $10.00 to $10.00. On average, they anticipate Rimini Street's share price to reach $10.00 in the next twelve months. This suggests a possible upside of 148.1% from the stock's current price. View Analyst Price Targets for Rimini Street.

What is the consensus analysts' recommendation for Rimini Street?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rimini Street in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Rimini Street.

Has Rimini Street been receiving favorable news coverage?

News articles about RMNI stock have trended extremely negative this week, InfoTrie reports. The research firm identifies negative and positive news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Rimini Street earned a news sentiment score of -5.0 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 6.0 out of 10, indicating that recent news coverage is somewhat likely to have an impact on the stock's share price in the near term. View News Stories for Rimini Street.

Are investors shorting Rimini Street?

Rimini Street saw a decline in short interest in the month of October. As of October 31st, there was short interest totalling 374,000 shares, a decline of 9.9% from the September 30th total of 415,000 shares. Based on an average daily volume of 80,600 shares, the days-to-cover ratio is currently 4.6 days. Approximately 2.2% of the shares of the stock are sold short. View Rimini Street's Current Options Chain.

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), Aegean Marine Petroleum Network (ANW), Chipotle Mexican Grill (CMG), Precision Drilling (PD), AutoZone (AZO), NanoString Technologies (NSTG), Bank Of The Ozarks (OZRK) and Designer Brands (DBI).

Who are Rimini Street's key executives?

Rimini Street's management team includes the folowing people:
  • Mr. Seth A. Ravin, Founder, Chairman & CEO (Age 52)
  • Mr. Sebastian Grady, Pres (Age 54)
  • Mr. Daniel B. Winslow, Sr. VP, Gen. Counsel & Sec. (Age 60)
  • Mr. Thomas B. Sabol, Sr. VP & CFO (Age 60)
  • Dean Pohl, Director of Investor Relations

Who are Rimini Street's major shareholders?

Rimini Street's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Mackay Shields LLC (0.04%). Company insiders that own Rimini Street stock include Andrew Fleiss, Brian Slepko, Brigade Leveraged Capital Stru, David W Rowe, James Petraglia, Kevin Maddock, Nancy Lyskawa, Sebastian Grady, Seth A Ravin, Stella Point Capital Llc, Steven M Capelli, Thomas B Sabol, Thomas C Shay and Tom Ashburn. View Institutional Ownership Trends for Rimini Street.

Which major investors are buying Rimini Street stock?

RMNI stock was acquired by a variety of institutional investors in the last quarter, including Mackay Shields LLC. Company insiders that have bought Rimini Street stock in the last two years include Andrew Fleiss, James Petraglia, Seth A Ravin, Steven M Capelli, Thomas B Sabol and Tom Ashburn. View Insider Buying and Selling for Rimini Street.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Rimini Street's stock price today?

One share of RMNI stock can currently be purchased for approximately $4.03.

How big of a company is Rimini Street?

Rimini Street has a market capitalization of $271.10 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.

What is Rimini Street's official website?

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

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]


MarketBeat Community Rating for Rimini Street (NASDAQ RMNI)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  126 (Vote Outperform)
Underperform Votes:  128 (Vote Underperform)
Total Votes:  254
MarketBeat's community ratings are surveys of what our community members think about Rimini Street and other stocks. Vote "Outperform" if you believe RMNI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe RMNI will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/17/2019 by MarketBeat.com Staff

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