NASDAQ:RMNIRimini Street Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Rimini Street Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $4.93 +0.01 (+0.20 %) (As of 07/3/2020 04:00 PM ET) Add Compare Share Today's Range$4.78Now: $4.93▼$5.0250-Day Range$4.12MA: $4.45▼$5.1552-Week Range$2.22Now: $4.93▼$5.38Volume36,950 shsAverage Volume104,567 shsMarket Capitalization$336.18 millionP/E RatioN/ADividend YieldN/ABeta0.42 ProfileAnalyst RatingsAdvanced ChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsSocial Media 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.Read More Beat the Market (BTM) Rank™ 0.0 Analyst's Opinion Consensus RatingThere is not enough analysis data for Rimini Street. Previous Next 2.4 Community Rank Outperform VotesRimini Street has received 138 “outperform” votes. (Add your “outperform” vote.)Underperform VotesRimini Street has received 147 “underperform” votes. (Add your “underperform” vote.)Community SentimentRimini Street has received 51.58% “underperform” votes from our community.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. Previous Next 0.0 Dividend Strength Dividend YieldRimini Street does not currently pay a dividend.Dividend GrowthRimini Street does not have a long track record of dividend growth. Previous Next 2.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Rimini Street insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $381,075.00 in company stock.Percentage Held by Insiders61.14% of the stock of Rimini Street is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions51.32% of the stock of Rimini Street is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Rimini Street are expected to grow by 36.36% in the coming year, from $0.22 to $0.30 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Rimini Street is -18.96, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Rimini Street is -18.96, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioRimini Street has a PEG Ratio of 1.53. PEG Ratios above 1 indicate that a company could be overvalued. Previous Next Analyst Opinion: 0.0Community Rank: 2.4Dividend Strength: 0.0Insider Behavior: 2.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.13 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Business services, not elsewhere classified Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:RMNI Previous Symbol CUSIPN/A CIK1635282 Webwww.riministreet.com Phone702-839-9671Debt Debt-to-Equity RatioN/A Current Ratio0.64 Quick Ratio0.64Price-To-Earnings Trailing P/E RatioN/A Forward P/E Ratio22.41 P/E Growth1.53 Sales & Book Value Annual Sales$281.05 million Price / Sales1.20 Cash Flow$0.28 per share Price / Cash Flow17.85 Book Value($3.31) per share Price / Book-1.49Profitability EPS (Most Recent Fiscal Year)$0.25 Net Income$17.53 million Net Margins-1.69% Return on Equity-8.21% Return on Assets11.92%Miscellaneous Employees1,270 Outstanding Shares68,190,000Market Cap$336.18 million Next Earnings Date8/13/2020 (Estimated) OptionableNot Optionable NASDAQ:RMNI Rates by TradingView Receive RMNI News and Ratings via Email Sign-up to receive the latest news and ratings for RMNI and its competitors with MarketBeat's FREE daily newsletter. Rimini Street (NASDAQ:RMNI) Frequently Asked Questions How has Rimini Street's stock been impacted by COVID-19 (Coronavirus)? Rimini Street's stock was trading at $4.06 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, RMNI stock has increased by 21.4% and is now trading at $4.93. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Rimini Street? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rimini Street in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Rimini Street. When is Rimini Street's next earnings date? Rimini Street is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for Rimini Street. How were Rimini Street's earnings last quarter? Rimini Street Inc (NASDAQ:RMNI) issued its quarterly earnings data on Thursday, May, 7th. The company reported ($0.01) EPS for the quarter, missing analysts' consensus estimates of $0.02 by $0.03. The firm had revenue of $78.03 million for the quarter, compared to the consensus estimate of $76.20 million. Rimini Street had a negative net margin of 1.69% and a negative return on equity of 8.21%. View Rimini Street's earnings history. What guidance has Rimini Street issued on next quarter's earnings? Rimini Street updated its second quarter 2020 After-Hours earnings guidance on Thursday, May, 7th. The company provided EPS guidance of for the period. The company issued revenue guidance of $77-80 million, compared to the consensus revenue estimate of $76.65 million. Has Rimini Street been receiving favorable news coverage? News coverage about RMNI stock has trended negative this week, according to InfoTrie. The research firm identifies negative and positive press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Rimini Street earned a media sentiment score of -2.1 on InfoTrie's scale. They also gave news articles about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news about Rimini Street. Are investors shorting Rimini Street? Rimini Street saw a decrease in short interest in the month of June. As of June 30th, there was short interest totaling 152,600 shares, a decrease of 17.4% from the June 15th total of 184,800 shares. Based on an average daily trading volume, of 79,400 shares, the days-to-cover ratio is presently 1.9 days. Currently, 0.8% of the company's stock are sold short. 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 Tabula Rasa HealthCare (TRHC), CBIZ (CBZ), Repay (RPAY), Radware (RDWR), Qiwi (QIWI), Phreesia (PHR), Cardtronics (CATM), Limelight Networks (LLNW), GreenSky (GSKY), TechTarget (TTGT), i3 Verticals (IIIV), B. Riley Financial (RILY), Cass Information Systems (CASS), QuinStreet (QNST) and Conduent (CNDT). View all 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), Precision Drilling (PD), Designer Brands (DBI) and NanoString Technologies (NSTG). Who are Rimini Street's key executives? Rimini Street's management team includes the following 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 What is Rimini Street's stock symbol? Rimini Street trades on the NASDAQ under the ticker symbol "RMNI." 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 $4.93. How big of a company is Rimini Street? Rimini Street has a market capitalization of $336.18 million and generates $281.05 million in revenue each year. The company earns $17.53 million in net income (profit) each year or $0.25 on an earnings per share basis. Rimini Street employs 1,270 workers across the globe. What is Rimini Street's official website? The official website for Rimini Street is 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] This page was last updated on 7/6/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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