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
Phone702-839-9671
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$252.79 million
Profitability
Miscellaneous
Employees1,080
Next Earnings Date3/12/2020 (Estimated)
OptionableNot Optionable
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, beating the consensus estimate of $0.04 by $0.06. The firm had revenue of $68.95 million for 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?
What guidance has Rimini Street issued on next quarter's earnings?
Rimini Street issued an update on its fourth quarter 2019
After-Hours earnings guidance on Monday, November, 25th. The company provided earnings per share 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.
What price target have analysts set for RMNI?
1 Wall Street analysts have issued 12-month price targets for Rimini Street's shares. 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 year. This suggests a possible upside of 151.3% 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?
Media headlines about RMNI stock have been trending negative this week, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Rimini Street earned a media sentiment score of -2.5 on InfoTrie's scale. They also gave media stories about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for Rimini Street.
Are investors shorting Rimini Street?
Rimini Street saw a decline in short interest during the month of November. As of November 15th, there was short interest totalling 374,000 shares, a decline of 9.9% from the October 31st total of 415,000 shares. Based on an average daily trading volume, of 80,600 shares, the short-interest ratio is currently 4.6 days. Currently, 2.2% of the shares of the company are short sold. View Rimini Street's Current Options Chain.
Who are some of Rimini Street's key competitors?
Some companies that are related to Rimini Street include Phreesia (PHR), Tabula Rasa HealthCare (TRHC), Cass Information Systems (CASS), QuinStreet (QNST), Uxin (UXIN), i3 Verticals (IIIV), B. Riley Financial (RILY), Emerald Expositions Events (EEX), TechTarget (TTGT), Fiverr International (FVRR), Repay (RPAY), Resources Connection (RECN), PaySign (PAYS), International Money Express (IMXI) and Limelight Networks (LLNW).
What other stocks do shareholders of Rimini Street own?
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 many different of institutional and retail investors. Top institutional shareholders include Kingstown Capital Management L.P. (1.49%), State Street Corp (0.47%), Mackay Shields LLC (0.04%), Millennium Management LLC (0.03%) and Barclays PLC (0.01%). 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.
Which institutional investors are selling Rimini Street stock?
RMNI stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Kingstown Capital Management L.P. and Barclays PLC. 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, Stella Point Capital Llc and Thomas C Shay. View Insider Buying and Selling for Rimini Street.
Which institutional investors are buying Rimini Street stock?
RMNI stock was purchased by a variety of institutional investors in the last quarter, including State Street Corp and Mackay Shields LLC. 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.
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 $3.98.
How big of a company is Rimini Street?
Rimini Street has a market capitalization of $267.74 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?
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)
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.