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S&P 500   3,933.92
DOW   33,597.92
QQQ   280.53
How To Be Persuasive With Your Body Language
Minerals for Green Revolution a Massive Investor Opportunity (Ad)
Low Beta, High Yield Campbell Soup Company Is Mmm Mmm Good
Top 10 Searched Stocks on MarketBeat All-Access
Minerals for Green Revolution a Massive Investor Opportunity (Ad)
Microsoft strikes 10-year deal with Nintendo on Call of Duty
3 Dividend Kings With Royally Good Upside
Minerals for Green Revolution a Massive Investor Opportunity (Ad)
Could trawler cams help save world's dwindling fish stocks?
Southwest Airlines brings back dividend as travel rebounds
S&P 500   3,933.92
DOW   33,597.92
QQQ   280.53
How To Be Persuasive With Your Body Language
Minerals for Green Revolution a Massive Investor Opportunity (Ad)
Low Beta, High Yield Campbell Soup Company Is Mmm Mmm Good
Top 10 Searched Stocks on MarketBeat All-Access
Minerals for Green Revolution a Massive Investor Opportunity (Ad)
Microsoft strikes 10-year deal with Nintendo on Call of Duty
3 Dividend Kings With Royally Good Upside
Minerals for Green Revolution a Massive Investor Opportunity (Ad)
Could trawler cams help save world's dwindling fish stocks?
Southwest Airlines brings back dividend as travel rebounds
S&P 500   3,933.92
DOW   33,597.92
QQQ   280.53
How To Be Persuasive With Your Body Language
Minerals for Green Revolution a Massive Investor Opportunity (Ad)
Low Beta, High Yield Campbell Soup Company Is Mmm Mmm Good
Top 10 Searched Stocks on MarketBeat All-Access
Minerals for Green Revolution a Massive Investor Opportunity (Ad)
Microsoft strikes 10-year deal with Nintendo on Call of Duty
3 Dividend Kings With Royally Good Upside
Minerals for Green Revolution a Massive Investor Opportunity (Ad)
Could trawler cams help save world's dwindling fish stocks?
Southwest Airlines brings back dividend as travel rebounds
NASDAQ:RMNI

Rimini Street - RMNI Stock Forecast, Price & News

$3.97
-0.07 (-1.73%)
(As of 12/7/2022 12:00 AM ET)
Add
Compare
Today's Range
$3.96
$4.09
50-Day Range
$3.97
$5.69
52-Week Range
$3.96
$7.25
Volume
253,958 shs
Average Volume
331,476 shs
Market Capitalization
$350.47 million
P/E Ratio
4.96
Dividend Yield
N/A
Price Target
$7.50

Rimini Street MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
88.9% Upside
$7.50 Price Target
Short Interest
Healthy
3.75% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.58mentions of Rimini Street in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$124,332 Sold Last Quarter
Proj. Earnings Growth
39.13%
From $0.23 to $0.32 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.05 out of 5 stars

Computer And Technology Sector

19th out of 625 stocks

Business Services, Not Elsewhere Classified Industry

5th out of 93 stocks

RMNI stock logo

About Rimini Street (NASDAQ:RMNI) Stock

Rimini Street, Inc. provides enterprise software products, services, and support for various industries. The company offers software support services for Oracle and SAP enterprise 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. Rimini Street, Inc. was incorporated in 2005 and is headquartered in Las Vegas, Nevada.

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RMNI Stock News Headlines

Rimini Street looking to expand in PH
3 Top Tech Stocks Under $20 a Share
RMNI Rimini Street, Inc.
Rimini Street (RMNI) Q2 Earnings Lag Estimates
See More Headlines
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RMNI Company Calendar

Last Earnings
11/02/2022
Today
12/08/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
3/01/2023

Industry, Sector and Symbol

Industry
Business services, not elsewhere classified
Sub-Industry
N/A
Current Symbol
NASDAQ:RMNI
Fax
N/A
Employees
1,660
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$7.50
High Stock Price Forecast
$8.00
Low Stock Price Forecast
$7.00
Forecasted Upside/Downside
+88.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$75.22 million
Pretax Margin
4.51%

Debt

Sales & Book Value

Annual Sales
$374.43 million
Cash Flow
$1.21 per share
Book Value
($0.92) per share

Miscellaneous

Free Float
48,985,000
Market Cap
$350.47 million
Optionable
Not Optionable
Beta
0.87

Key Executives

  • Mr. Seth A. RavinMr. Seth A. Ravin (Age 55)
    Founder, Chairman & CEO
    Comp: $954.41k
  • Mr. Michael L. PericaMr. Michael L. Perica
    Exec. VP, CFO & Principal Accounting Officer
  • Mr. Sebastian GradyMr. Sebastian Grady (Age 57)
    Pres
  • Mr. Alex Goldvug
    VP of Global Operations
  • Ms. Alisa De Dominicis
    VP of Global Operations, Legal, Ethics & Compliance
  • Mr. Eric Helmer
    Sr. VP & CTO
  • Mr. Steven SalaetsMr. Steven Salaets (Age 44)
    Chief Information Officer & Exec. VP of Global Shared Services
  • Mr. Dean Pohl
    VP of Investor Relations
  • Mr. Michael Spencer
    GVP, Chief Counsel and Chief Ethics & Compliance Officer
  • Mr. Jeff Spicer
    Exec. VP & Chief Marketing Officer













RMNI Stock - Frequently Asked Questions

Should I buy or sell Rimini Street stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Rimini Street in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" RMNI shares.
View RMNI analyst ratings
or view top-rated stocks.

What is Rimini Street's stock price forecast for 2023?

2 analysts have issued 1 year price targets for Rimini Street's shares. Their RMNI share price forecasts range from $7.00 to $8.00. On average, they expect the company's stock price to reach $7.50 in the next twelve months. This suggests a possible upside of 88.9% from the stock's current price.
View analysts price targets for RMNI
or view top-rated stocks among Wall Street analysts.

How have RMNI shares performed in 2022?

Rimini Street's stock was trading at $5.97 at the start of the year. Since then, RMNI stock has decreased by 33.5% and is now trading at $3.97.
View the best growth stocks for 2022 here
.

When is Rimini Street's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 1st 2023.
View our RMNI earnings forecast
.

How were Rimini Street's earnings last quarter?

Rimini Street, Inc. (NASDAQ:RMNI) announced its quarterly earnings results on Wednesday, November, 2nd. The company reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.08 by $0.01. The company had revenue of $101.93 million for the quarter, compared to analysts' expectations of $102.34 million. Rimini Street had a net margin of 18.20% and a negative trailing twelve-month return on equity of 116.89%.

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

Rimini Street issued an update on its fourth quarter 2022 earnings guidance on Wednesday, November, 9th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $103.00 million-$105.00 million, compared to the consensus revenue estimate of $105.35 million.

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

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 many different retail and institutional investors. Top institutional investors include Diamond Hill Capital Management Inc. (4.80%), Vanguard Group Inc. (4.05%), BlackRock Inc. (3.79%), Brooktree Capital Management (2.19%), Voss Capital LLC (1.61%) and Avalon Investment & Advisory (1.50%). Insiders that own company stock include Brian Slepko, Daniel B Winslow, David W Rowe, Gerard Brossard, Gpiac, Llc, Kevin Maddock, Michael L Perica, Nancy Lyskawa, Sebastian Grady, Seth A Ravin, Stanley Mbugua and Steven Salaets.
View institutional ownership trends
.

How do I buy shares of Rimini Street?

Shares of RMNI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Rimini Street's stock price today?

One share of RMNI stock can currently be purchased for approximately $3.97.

How much money does Rimini Street make?

Rimini Street (NASDAQ:RMNI) has a market capitalization of $350.47 million and generates $374.43 million in revenue each year. The company earns $75.22 million in net income (profit) each year or $0.80 on an earnings per share basis.

How many employees does Rimini Street have?

The company employs 1,660 workers across the globe.

How can I contact Rimini Street?

Rimini Street's mailing address is 3993 HOWARD HUGHES PARKWAY SUITE 500, LAS VEGAS NV, 89169. The official website for the company is www.riministreet.com. The company can be reached via phone at (702) 839-9671 or via email at ir@riministreet.com.

This page (NASDAQ:RMNI) was last updated on 12/8/2022 by MarketBeat.com Staff