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

$4.08
-0.29 (-6.64 %)
(As of 03/29/2020 01:02 AM ET)
Today's Range
$3.99
Now: $4.08
$4.43
50-Day Range
$3.54
MA: $4.46
$4.99
52-Week Range
$2.22
Now: $4.08
$5.48
Volume60,123 shs
Average Volume115,168 shs
Market Capitalization$277.44 million
P/E RatioN/A
Dividend YieldN/A
BetaN/A
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.
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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$281.05 million
Cash Flow$0.26 per share
Book Value($3.31) per share

Profitability

Net Income$17.53 million

Miscellaneous

Employees1,270
Market Cap$277.44 million
Next Earnings Date5/14/2020 (Estimated)
OptionableNot Optionable

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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 COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, RMNI shares have increased by 0.5% and is now trading at $4.08. View which stocks have been mosted 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, May 14th 2020. View our earnings forecast for Rimini Street.

How were Rimini Street's earnings last quarter?

Rimini Street Inc (NASDAQ:RMNI) announced its earnings results on Monday, March, 16th. The company reported $0.05 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.08 by $0.03. The business had revenue of $76.13 million for the quarter, compared to analysts' expectations of $71.77 million. Rimini Street had a net margin of 1.56% and a negative return on equity of 8.14%. View Rimini Street's earnings history.

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

Rimini Street issued an update on its FY 2020 After-Hours earnings guidance on Thursday, March, 12th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $310-320 million, compared to the consensus revenue estimate of $311.2 million.

Has Rimini Street been receiving favorable news coverage?

Media headlines about RMNI stock have been trending very negative this week, according to InfoTrie. InfoTrie ranks the sentiment of press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Rimini Street earned a news sentiment score of -3.0 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news aboutRimini Street.

Are investors shorting Rimini Street?

Rimini Street saw a increase in short interest in March. As of March 13th, there was short interest totaling 181,300 shares, an increase of 80.8% from the February 27th total of 100,300 shares. Based on an average trading volume of 97,200 shares, the short-interest ratio is currently 1.9 days. Currently, 1.1% 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?

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), NanoString Technologies (NSTG) and Designer Brands (DBI).

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."

Who are Rimini Street's major shareholders?

Rimini Street's stock is owned by a variety of institutional and retail investors. Top institutional investors 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 Geode Capital Management LLC (0.17%). 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 Cowen AND Company LLC, Kingstown Capital Management L.P., Alambic Investment Management L.P., Nuveen Asset Management LLC, 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 activity for Rimini Street.

Which institutional investors are buying Rimini Street stock?

RMNI stock was bought 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 activity 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 $4.08.

How big of a company is Rimini Street?

Rimini Street has a market capitalization of $277.44 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. 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:  2.4 out of 5 (star star)
Outperform Votes:  136 (Vote Outperform)
Underperform Votes:  143 (Vote Underperform)
Total Votes:  279
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 3/29/2020 by MarketBeat.com Staff

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