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

Rimini Street trades on the NASDAQ under the ticker symbol "RMNI."

Rimini Street Inc (NASDAQ:RMNI) released its earnings results on Thursday, November, 7th. The company reported $0.10 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.04 by $0.06. The business earned $68.95 million during the quarter, compared to the consensus estimate 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.

Rimini Street is scheduled to release their next quarterly earnings announcement on Thursday, March 12th 2020. View Earnings Estimates for Rimini Street.

Rimini Street updated its fourth quarter 2019 After-Hours earnings guidance on Monday, November, 25th. The company provided EPS 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.

News articles about RMNI stock have been trending negative recently, according to InfoTrie. The research firm ranks the sentiment of media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Rimini Street earned a media sentiment score of -2.2 on InfoTrie's scale. They also assigned headlines 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 company's share price in the immediate future. View News Stories for Rimini Street.

Rimini Street saw a decline in short interest in the month of January. As of January 31st, there was short interest totalling 195,800 shares, a decline of 8.4% from the January 15th total of 213,700 shares. Based on an average daily trading volume, of 76,800 shares, the days-to-cover ratio is presently 2.5 days. Currently, 1.1% of the shares of the company are sold short. View Rimini Street's Current Options Chain.

Some companies that are related to Rimini Street include Viad (VVI), Qiwi (QIWI), Phreesia (PHR), LendingClub (LC), Radware (RDWR), Fiverr International (FVRR), i3 Verticals (IIIV), Conduent (CNDT), TechTarget (TTGT), Cass Information Systems (CASS), QuinStreet (QNST), Repay (RPAY), B. Riley Financial (RILY), Limelight Networks (LLNW) and Emerald Expositions Events (EEX).

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).

Rimini Street's stock is owned by many different 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.

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. 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 for Rimini Street.

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 for 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.

One share of RMNI stock can currently be purchased for approximately $4.90.

Rimini Street has a market capitalization of $329.62 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.

The official website for Rimini Street is http://www.riministreet.com/.

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]