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NASDAQ:RMNIRimini Street Stock Price, Forecast & News

$4.93
+0.01 (+0.20 %)
(As of 07/3/2020 04:00 PM ET)
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Today's Range
$4.78
Now: $4.93
$5.02
50-Day Range
$4.12
MA: $4.45
$5.15
52-Week Range
$2.22
Now: $4.93
$5.38
Volume36,950 shs
Average Volume104,567 shs
Market Capitalization$336.18 million
P/E RatioN/A
Dividend YieldN/A
Beta0.42
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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Beat the Market (BTM) Rank

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

Industry Business services, not elsewhere classified
Sub-IndustryN/A
Current SymbolNASDAQ:RMNI
CUSIPN/A
Phone702-839-9671

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$281.05 million
Cash Flow$0.28 per share
Book Value($3.31) per share

Profitability

Net Income$17.53 million

Miscellaneous

Employees1,270
Market Cap$336.18 million
Next Earnings Date8/13/2020 (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 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?

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

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