Bankrate Company Profile (NYSE:RATE)

About Bankrate (NYSE:RATE)

Bankrate logoBankrate, Inc. is a publisher, aggregator and distributor of personal finance content on the Internet. The Company provides consumers personal finance editorial content across multiple vertical categories, including mortgages, deposits, credit cards, senior care and other personal finance categories. The Company's segments include Banking, Credit Cards, Senior Care and Other. The Company provides a range of digital display advertising formats. The Company is also engaged in the sale of print advertisements and the distribution (or syndication) of its editorial content. The Company offers branded content that educates consumers and financial professionals on a range of personal finance topics. The Company provides a platform for consumers searching for competitive rates on mortgages, deposits and money market accounts.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Financial Information Providers
  • Sub-Industry: Internet Software & Services
  • Symbol: NYSE:RATE
  • CUSIP: 06647F10
  • Web: www.bankrate.com
Capitalization:
  • Market Cap: $1.23 billion
  • Outstanding Shares: 88,611,000
Average Prices:
  • 50 Day Moving Avg: $12.57
  • 200 Day Moving Avg: $11.10
  • 52 Week Range: $6.91 - $14.25
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 16.89
  • P/E Growth: 1.98
Sales & Book Value:
  • Annual Revenue: $459.34 million
  • Price / Sales: 2.67
  • Book Value: $7.74 per share
  • Price / Book: 1.79
Profitability:
  • EBIDTA: $95.97 million
  • Net Margins: -8.64%
  • Return on Equity: 6.66%
  • Return on Assets: 4.19%
Debt:
  • Debt-to-Equity Ratio: 0.43%
  • Current Ratio: 3.15%
  • Quick Ratio: 3.15%
Misc:
  • Average Volume: 907,494 shs.
  • Beta: 1.79
  • Short Ratio: 3.26
 
Frequently Asked Questions for Bankrate (NYSE:RATE)

What is Bankrate's stock symbol?

Bankrate trades on the New York Stock Exchange (NYSE) under the ticker symbol "RATE."

How were Bankrate's earnings last quarter?

Bankrate, Inc. (NYSE:RATE) posted its quarterly earnings data on Thursday, May, 4th. The company reported $0.13 earnings per share for the quarter, beating analysts' consensus estimates of $0.11 by $0.02. The firm had revenue of $118.70 million for the quarter, compared to analyst estimates of $116.18 million. Bankrate had a negative net margin of 8.64% and a positive return on equity of 6.66%. Bankrate's quarterly revenue was up 27.2% on a year-over-year basis. During the same period last year, the firm posted $0.12 EPS. View Bankrate's Earnings History.

When will Bankrate make its next earnings announcement?

Bankrate is scheduled to release their next quarterly earnings announcement on Wednesday, August, 2nd 2017. View Earnings Estimates for Bankrate.

Where is Bankrate's stock going? Where will Bankrate's stock price be in 2017?

7 equities research analysts have issued 12 month target prices for Bankrate's stock. Their predictions range from $9.00 to $15.00. On average, they expect Bankrate's stock price to reach $12.71 in the next year. View Analyst Ratings for Bankrate.

Are investors shorting Bankrate?

Bankrate saw a drop in short interest in July. As of July 14th, there was short interest totalling 659,464 shares, a drop of 67.9% from the June 30th total of 2,052,160 shares. Based on an average trading volume of 2,676,002 shares, the short-interest ratio is presently 0.2 days. Approximately 1.4% of the company's stock are short sold.

Who are some of Bankrate's key competitors?

Who are Bankrate's key executives?

Bankrate's management team includes the folowing people:

  • Peter C. Morse, Independent Chairman of the Board
  • Kenneth S. Esterow, President, Chief Executive Officer, Director
  • Steven D. Barnhart, Chief Financial Officer, Senior Vice President
  • Kenneth Scott Kim, Chief Executive Officer of Bankrate.com
  • Christoper J. Speltz, CEO - Bankrate Credit Cards
  • James R. Gilmartin, Senior Vice President, General Counsel, Secretary
  • Janet M. Gunzburg, Vice President, Corporate Controller
  • Seth Andrew Brody, Director
  • Mitchell L. Truwit, Director
  • Michael Joseph Kelly, Independent Director

Who owns Bankrate stock?

Bankrate's stock is owned by a variety of of institutional and retail investors. Top institutional investors include ING Groep NV (0.36%), Russell Investments Group Ltd. (0.24%), P.A.W. Capital Corp (0.17%), Adams Diversified Equity Fund Inc. (0.12%), Eqis Capital Management Inc. (0.02%) and US Bancorp DE (0.01%). Company insiders that own Bankrate stock include Christopher J Speltz, James Gilmartin, James R Gilmartin, Richard J Pinola and Steven Barnhart. View Institutional Ownership Trends for Bankrate.

Who sold Bankrate stock? Who is selling Bankrate stock?

Bankrate's stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Adams Diversified Equity Fund Inc., Eqis Capital Management Inc. and US Bancorp DE. Company insiders that have sold Bankrate stock in the last year include Christopher J Speltz, James Gilmartin and Steven Barnhart. View Insider Buying and Selling for Bankrate.

Who bought Bankrate stock? Who is buying Bankrate stock?

Bankrate's stock was acquired by a variety of institutional investors in the last quarter, including ING Groep NV and P.A.W. Capital Corp. View Insider Buying and Selling for Bankrate.

How do I buy Bankrate stock?

Shares of Bankrate can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Bankrate's stock price today?

One share of Bankrate stock can currently be purchased for approximately $13.85.


MarketBeat Community Rating for Bankrate (NYSE RATE)
Community Ranking:  2.0 out of 5 ( )
Outperform Votes:  169 (Vote Outperform)
Underperform Votes:  262 (Vote Underperform)
Total Votes:  431
MarketBeat's community ratings are surveys of what our community members think about Bankrate and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Bankrate (NYSE:RATE) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 4 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.43)
Consensus Price Target: $12.71 (8.20% downside)

Analysts' Ratings History for Bankrate (NYSE:RATE)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/7/2017StephensDowngradeOverweight -> Equal Weight$14.00LowView Rating Details
7/5/2017Needham & Company LLCDowngradeBuy -> HoldLowView Rating Details
7/3/2017SidotiDowngradeBuy -> Neutral$14.00MediumView Rating Details
3/13/2017Oppenheimer Holdings, Inc.Reiterated RatingOutperform$14.00 -> $13.00LowView Rating Details
2/8/2017CIBCInitiated CoverageOutperform$14.00N/AView Rating Details
11/4/2016Loop CapitalUpgradeHold -> Buy$9.00 -> $10.00N/AView Rating Details
9/27/2016J P Morgan Chase & CoReiterated RatingHold$9.00N/AView Rating Details
6/2/2016Compass PointInitiated CoverageNeutral$9.00N/AView Rating Details
5/6/2016Bank of America CorporationReiterated RatingBuyN/AView Rating Details
2/27/2016SunTrust Banks, Inc.Reiterated RatingHoldN/AView Rating Details
2/26/2016Goldman Sachs Group, Inc. (The)UpgradeSell -> NeutralN/AView Rating Details
2/25/2016Topeka Capital MarketsDowngradeBuy -> Hold$19.00 -> $9.00N/AView Rating Details
2/25/2016Royal Bank Of CanadaDowngradeOutperform -> Sector Perform$16.00 -> $9.00N/AView Rating Details
(Data available from 7/26/2015 forward)

Earnings

Earnings History for Bankrate (NYSE:RATE)
Earnings by Quarter for Bankrate (NYSE:RATE)
Earnings History by Quarter for Bankrate (NYSE RATE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/2/2017$0.14N/AView Earnings Details
5/4/2017Q1 2017$0.11$0.13$116.18 million$118.70 millionViewListenView Earnings Details
3/8/2017Q4 2016$0.19$0.16$119.85 million$113.60 millionViewListenView Earnings Details
11/3/2016Q316$0.13$0.22$114.21 million$128.80 millionViewListenView Earnings Details
8/4/2016Q216$0.11$0.11$96.08 million$98.30 millionViewListenView Earnings Details
5/5/2016Q116$0.08$0.12$81.89 million$93.30 millionViewListenView Earnings Details
11/5/2015Q315$0.16$0.19$129.20 million$140.80 millionViewListenView Earnings Details
8/4/2015Q215$0.16$0.16$126.70 million$132.90 millionViewListenView Earnings Details
6/17/2015Q115$0.19$0.19$141.50 millionViewListenView Earnings Details
11/6/2014Q3$0.16$0.15$142.03 million$141.60 millionViewN/AView Earnings Details
8/7/2014Q214$0.15$0.15$133.20 million$130.90 millionViewListenView Earnings Details
5/7/2014Q114$0.17$0.17$127.42 million$136.50 millionViewListenView Earnings Details
2/13/2014$0.15$0.17$120.13 million$122.30 millionViewN/AView Earnings Details
2/13/2014$0.15$0.17$120.13 million$122.30 millionViewN/AView Earnings Details
2/13/2014Q413$0.15$0.17$120.16 million$122.00 millionViewListenView Earnings Details
10/30/2013$0.15$0.13$119.48 million$121.20 millionViewN/AView Earnings Details
10/30/2013$0.15$0.13$119.48 million$121.20 millionViewN/AView Earnings Details
10/30/2013Q313$0.15$0.13$119.70 million$121.30 millionViewListenView Earnings Details
7/29/2013Q2 2013$0.11$0.10$106.34 million$105.50 millionViewListenView Earnings Details
4/30/2013Q1 2013$0.09$0.12$102.37 million$108.40 millionViewListenView Earnings Details
2/12/2013Q4 2012$0.11$0.06$106.27 million$93.20 millionViewListenView Earnings Details
11/1/2012Q312$0.12$0.13$116.34 million$116.80 millionViewN/AView Earnings Details
7/31/2012$0.18$0.18ViewN/AView Earnings Details
5/1/2012$0.13$0.10ViewN/AView Earnings Details
2/6/2012$0.15$0.19ViewN/AView Earnings Details
10/27/2011$0.13$0.18ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Bankrate (NYSE:RATE)
Current Year EPS Consensus Estimate: $0.70 EPS
Next Year EPS Consensus Estimate: $0.82 EPS

Dividends

Dividend History for Bankrate (NYSE:RATE)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Bankrate (NYSE:RATE)
Insider Ownership Percentage: 6.30%
Institutional Ownership Percentage: 49.14%
Insider Trades by Quarter for Bankrate (NYSE:RATE)
Institutional Ownership by Quarter for Bankrate (NYSE:RATE)
Insider Trades by Quarter for Bankrate (NYSE:RATE)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
6/27/2017Christopher J SpeltzCEOSell733$12.95$9,492.35View SEC Filing  
6/22/2017Christopher J SpeltzCEOSell12,300$11.95$146,985.00View SEC Filing  
6/22/2017Steven BarnhartCFOSell9,712$12.00$116,544.00View SEC Filing  
4/27/2017Christopher J SpeltzCEOSell12,500$10.95$136,875.00View SEC Filing  
4/25/2017Steven BarnhartCFOSell6,702$10.25$68,695.50View SEC Filing  
3/14/2017Steven BarnhartCFOSell12,142$10.13$122,998.46View SEC Filing  
3/13/2017James GilmartinSVPSell5,000$10.35$51,750.00View SEC Filing  
5/17/2016James R GilmartinSVPSell3,119$8.68$27,072.92View SEC Filing  
3/11/2016Richard J PinolaDirectorBuy16,700$8.70$145,290.00View SEC Filing  
11/6/2015Christopher J. SpeltzCEOSell5,000$14.98$74,900.00View SEC Filing  
6/22/2015Peter C MorseDirectorBuy25,000$10.92$273,000.00View SEC Filing  
6/10/2014Michael Joseph KellyDirectorBuy1,000$16.53$16,530.00View SEC Filing  
5/16/2014Jeffrey GrantCEOSell6,938$14.80$102,682.40View SEC Filing  
5/12/2014Kenneth EsterowCEOBuy16,500$15.34$253,110.00View SEC Filing  
11/7/2013Thomas EvansCEOSell100,000$17.53$1,753,000.00View SEC Filing  
5/24/2013Michael Joseph KellyDirectorBuy1,000$13.82$13,820.00View SEC Filing  
2/22/2013Richard J PinolaDirectorBuy10,000$10.95$109,500.00View SEC Filing  
11/8/2012Peter C MorseDirectorBuy10,000$10.27$102,700.00View SEC Filing  
8/29/2012Michael Joseph KellyDirectorBuy1,000$17.58$17,580.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Bankrate (NYSE:RATE)
Latest Headlines for Bankrate (NYSE:RATE)
Source:
DateHeadline
americanbankingnews.com logoAnalyzing IHS Markit (INFO) and Bankrate (RATE)
www.americanbankingnews.com - July 26 at 2:26 PM
americanbankingnews.com logoBankrate, Inc. (NYSE:RATE) to Release Earnings on Wednesday
www.americanbankingnews.com - July 26 at 7:32 AM
americanbankingnews.com logoBankrate, Inc. (RATE) Expected to Post Quarterly Sales of $118.26 Million
www.americanbankingnews.com - July 23 at 10:40 AM
americanbankingnews.com logoBankrate (RATE) and IHS Markit (INFO) Head-To-Head Analysis
www.americanbankingnews.com - July 23 at 8:31 AM
americanbankingnews.com logoComparing Bankrate (NYSE:RATE) & IHS Markit (INFO)
www.americanbankingnews.com - July 23 at 12:07 AM
americanbankingnews.com logo Analysts Anticipate Bankrate, Inc. (RATE) to Post $0.11 Earnings Per Share
www.americanbankingnews.com - July 21 at 8:28 AM
finance.yahoo.com logoBankrate: Mortgage Rates Retreat for Second Week in a Row
finance.yahoo.com - July 21 at 6:33 AM
finance.yahoo.com logoMillennial Spending Habits Differ From Older Generations
finance.yahoo.com - July 21 at 6:33 AM
finance.yahoo.com logoReal Estate is Americans' Favorite Long-Term Investment
finance.yahoo.com - July 20 at 7:05 AM
finance.yahoo.com logoSHAREHOLDER ALERT - Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Bankrate, Inc. (RATE)
finance.yahoo.com - July 20 at 7:05 AM
finance.yahoo.com logoThe Law Offices of Vincent Wong Notifies Investors of an Investigation of Bankrate, Inc. in Connection with the Sale of the Company to Red Ventures Holdco, LP
finance.yahoo.com - July 20 at 7:05 AM
businesswire.com logoINVESTOR ALERT: Levi & Korsinsky, LLP Reminds Investors of an Investigation Concerning Whether the Sale of Bankrate, Inc. to Red Ventures Holdco, LP is Fair to Shareholders ...
www.businesswire.com - July 19 at 6:26 AM
americanbankingnews.com logoBankrate, Inc. (NYSE:RATE) Receives Average Recommendation of "Hold" from Analysts
www.americanbankingnews.com - July 18 at 6:56 PM
finance.yahoo.com logoINVESTOR ALERT: Levi & Korsinsky, LLP Reminds Investors of an Investigation Concerning Whether the Sale of Bankrate, Inc. to Red Ventures Holdco, LP is Fair to Shareholders – RATE
finance.yahoo.com - July 18 at 7:44 AM
finance.yahoo.com logoSHAREHOLDER ALERT: Brower Piven Commences An Investigation Into The Proposed Sale Of Bankrate, Inc. And Encourages Investors To Contact The Firm For Additional Information
finance.yahoo.com - July 14 at 7:48 AM
finance.yahoo.com logoOver 44 Million Americans Have a Side Hustle
finance.yahoo.com - July 13 at 8:30 AM
finance.yahoo.com logoBANKRATE, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation of Buyout
finance.yahoo.com - July 13 at 8:30 AM
finance.yahoo.com logoSHAREHOLDER ALERT: Monteverde & Associates PC Announces An Investigation Of Bankrate, Inc. - RATE
finance.yahoo.com - July 13 at 8:30 AM
finance.yahoo.com logoRowley Law PLLC Is Investigating Bankrate, Inc. and Its Board of Directors For Potential Breaches Of Fiduciary Duty
finance.yahoo.com - July 12 at 7:23 AM
finance.yahoo.com logoSHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces an Investigation Concerning Whether the Sale of Bankrate, Inc. to Red Ventures Holdco, LP is Fair to Shareholders
finance.yahoo.com - July 12 at 7:23 AM
finance.yahoo.com logoBANKRATE INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Bankrate, Inc.
finance.yahoo.com - July 12 at 7:23 AM
finance.yahoo.com logoWEISSLAW LLP: Bankrate, Inc. Acquisition May Not Be in the Best Interests of RATE Shareholders
finance.yahoo.com - July 12 at 7:23 AM
finance.yahoo.com logoHarwood Feffer LLP Announces Investigation of Bankrate, Inc.
finance.yahoo.com - July 11 at 6:58 AM
americanbankingnews.com logoBankrate, Inc. (NYSE:RATE) Downgraded by Needham & Company LLC
www.americanbankingnews.com - July 9 at 9:04 PM
reuters.com logoBRIEF-Bankrate to pay fee of about $37.7 mln, in event of termination of merger agreement with Red Ventures
www.reuters.com - July 8 at 6:57 PM
finance.yahoo.com logoSHAREHOLDER ALERT: Brodsky & Smith, LLC Announces an Investigation of Bankrate, Inc. - RATE
finance.yahoo.com - July 8 at 1:56 PM
americanbankingnews.com logoBankrate, Inc. (NYSE:RATE) Stock Rating Lowered by Stephens
www.americanbankingnews.com - July 7 at 11:46 PM
cnbc.com logoOp-Ed: Four key things to watch in Friday’s jobs report
www.cnbc.com - July 6 at 2:41 PM
finance.yahoo.com logoBankrate, Inc. -- Moody's says Bankrate's B1 CFR and stable outlook are not immediately impacted by announcement of pending sale to Red Ventures
finance.yahoo.com - July 6 at 8:21 AM
finance.yahoo.com logoBANKRATE, INC. SHAREHOLDER ALERT: Former SEC Attorney Willie Briscoe Believes the Acquisition by Red Ventures May be Unfair to Shareholders
finance.yahoo.com - July 6 at 8:21 AM
finance.yahoo.com logoBankrate: Mortgage Rates Continue to Rise
finance.yahoo.com - July 6 at 8:21 AM
rttnews.com logoBankrate Inc. (RATE) Is Up Sharply After Bought By Red Ventures
www.rttnews.com - July 5 at 9:59 AM
wsj.com logoPersonal Finance Website Bankrate to be Acquired by Marketing Firm Red Ventures
www.wsj.com - July 5 at 9:59 AM
finance.yahoo.com logoCorporate News Blog - Bankrate to be Acquired by Red Ventures; Set to Generate Greater Scale for Both Businesses
finance.yahoo.com - July 5 at 9:59 AM
finance.yahoo.com logoBankrate (RATE) Catches Eye: Stock Jumps 8.6% in Session
finance.yahoo.com - July 5 at 9:59 AM
finance.yahoo.com logoNew Cars Unaffordable for Most Americans
finance.yahoo.com - July 5 at 9:59 AM
americanbankingnews.com logoBankrate, Inc. (RATE) Downgraded by Zacks Investment Research to Sell
www.americanbankingnews.com - July 5 at 9:46 AM
finance.yahoo.com logo[$$] Bankrate to be Acquired by Marketing Firm Red Ventures
finance.yahoo.com - July 4 at 6:47 AM
finance.yahoo.com logoBankrate Accepts $1.4 Billion Buyout Offer From Red Ventures
finance.yahoo.com - July 4 at 6:47 AM
finance.yahoo.com logo[$$] PE-Backed Red Ventures to Acquire Personal Finance Website Bankrate
finance.yahoo.com - July 4 at 6:47 AM
finance.yahoo.com logoWhy Bankrate Stock Surged 10% Today
finance.yahoo.com - July 4 at 6:47 AM
finance.yahoo.com logo[$$] Bankrate website to be bought by Red Ventures for $1.24bn
finance.yahoo.com - July 4 at 6:47 AM
finance.yahoo.com logoBankrate stock pops on $1.4 billion Red Ventures deal
finance.yahoo.com - July 4 at 6:47 AM
finance.yahoo.com logoCreditCards.com owner Bankrate agrees to $1.4 billion buyout
finance.yahoo.com - July 4 at 6:47 AM
marketbeat.com logoFiat Chrysler and Bankrate jump while Adobe, Newmont fall
marketbeat.com - July 3 at 3:48 PM
americanbankingnews.com logoSidoti Downgrades Bankrate, Inc. (RATE) to Neutral
www.americanbankingnews.com - July 3 at 11:36 AM
feeds.benzinga.com logoMid-Morning Market Update: Markets Open Higher; Red Ventures To Acquire Bankrate for $14/Share
feeds.benzinga.com - July 3 at 11:04 AM
americanbankingnews.com logoIHS Markit (INFO) & Bankrate (NYSE:RATE) Financial Analysis
www.americanbankingnews.com - July 3 at 10:57 AM
cnbc.com logoBankrate to be acquired by Red Ventures for about $1.4 billion in cash
www.cnbc.com - July 3 at 8:07 AM
seekingalpha.com logoBankrate sold for $14 per share
seekingalpha.com - July 3 at 7:22 AM

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Chart

Bankrate (RATE) Chart for Wednesday, July, 26, 2017

This page was last updated on 7/26/2017 by MarketBeat.com Staff