Rimini Street (RMNI) Stock Forecast, Price & News

Rimini Street (NASDAQ:RMNI) Frequently Asked Questions

Is Rimini Street a buy right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rimini Street in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Rimini Street stock.
View analyst ratings for Rimini Street or view top-rated stocks.

When is Rimini Street's next earnings date?

Rimini Street is scheduled to release its next quarterly earnings announcement on Wednesday, August 3rd 2022.
View our earnings forecast for Rimini Street.

How were Rimini Street's earnings last quarter?

Rimini Street, Inc. (NASDAQ:RMNI) released its quarterly earnings results on Wednesday, May, 4th. The company reported $0.10 EPS for the quarter, hitting analysts' consensus estimates of $0.10. Rimini Street had a net margin of 18.27% and a negative trailing twelve-month return on equity of 72.75%. During the same quarter in the prior year, the business earned ($0.01) earnings per share.
View Rimini Street's earnings history.

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

Rimini Street updated its second quarter 2022 earnings guidance on Monday, May, 16th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $98.50 million-$99.50 million, compared to the consensus revenue estimate of $99.10 million.

What price target have analysts set for RMNI?

3 analysts have issued 12-month target prices for Rimini Street's shares. Their forecasts range from $8.00 to $10.00. On average, they expect Rimini Street's share price to reach $8.83 in the next twelve months. This suggests a possible upside of 50.2% from the stock's current price.
View analysts' price targets for Rimini Street or view top-rated stocks among Wall Street analysts.

Who are Rimini Street's key executives?

Rimini Street's management team includes the following people:

• Mr. Seth A. Ravin, Founder, Chairman & CEO (Age 55, Pay $754.16k) (LinkedIn Profile)
• Mr. Gerard Brossard, Chief Operating Officer (Age 57, Pay $668.99k) (LinkedIn Profile)
• Mr. David Rowe, Exec. VP of Global Transformation (Age 56, Pay $493.49k) (LinkedIn Profile)
• Mr. Sebastian Grady, Pres (Age 57) (LinkedIn Profile)
• Mr. Michael L. Perica, Exec. VP, CFO & Principal Accounting Officer (LinkedIn Profile)
• Mr. Alex Goldvug, VP of Global Operations
• Mr. Eric Helmer, Sr. VP & CTO
• Mr. Steven Salaets, Chief Information Officer & Exec. VP of Global Shared Services (Age 44) (LinkedIn Profile)
• Mr. Dean Pohl, VP of Investor Relations
• Mr. Michael Spencer, GVP, Chief Counsel and Chief Ethics & Compliance Officer

Who are some of Rimini Street's key competitors?

Some companies that are related to Rimini Street include CBIZ (CBZ), Flywire (FLYW), TechTarget (TTGT), EVO Payments (EVOP), Cielo (CIOXY), Paysafe (PSFE), OLO (OLO), Payoneer Global (PAYO), Fiverr International (FVRR), Xometry (XMTR), Advantage Solutions (ADV), ACV Auctions (ACVA), Repay (RPAY), Radware (RDWR) and Conduent (CNDT).
View all of RMNI's 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), 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 shareholders include BlackRock Inc. (3.06%), Diamond Hill Capital Management Inc. (2.94%), Vanguard Group Inc. (2.92%), Wellington Management Group LLP (2.48%), Brooktree Capital Management (2.15%) and Pacific Ridge Capital Partners LLC (1.59%). Company insiders that own Rimini Street stock include Brian Slepko, Daniel B Winslow, David W Rowe, Gerard Brossard, Gpiac, Llc, Kevin Maddock, Michael L Perica, Sebastian Grady, Seth A Ravin, Stanley Mbugua and Steven Salaets.
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 Lord Abbett & CO. LLC, Renaissance Technologies LLC, Acadian Asset Management LLC, Engineers Gate Manager LP, Federated Hermes Inc., JPMorgan Chase & Co., Northern Trust Corp, and Principal Financial Group Inc.. Company insiders that have sold Rimini Street company stock in the last year include Brian Slepko, David W Rowe, Gerard Brossard, Gpiac, Llc, Michael L Perica, Sebastian Grady, Seth A Ravin, and Steven Salaets.
View insider buying and selling activity for Rimini Street or view top insider-selling stocks.

Which institutional investors are buying Rimini Street stock?

RMNI stock was purchased by a variety of institutional investors in the last quarter, including Diamond Hill Capital Management Inc., Brooktree Capital Management, Avalon Investment & Advisory, Goldman Sachs Group Inc., Aviva PLC, Vanguard Group Inc., State Street Corp, and Healthcare of Ontario Pension Plan Trust Fund.
View insider buying and selling activity for Rimini Street or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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What is Rimini Street's stock price today?

One share of RMNI stock can currently be purchased for approximately $5.88.

How much money does Rimini Street make?

Rimini Street has a market capitalization of $511.80 million and generates $374.43 million in revenue each year. The company earns $75.22 million in net income (profit) each year or $0.659990 on an earnings per share basis.

How many employees does Rimini Street have?

Rimini Street employs 1,660 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].