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: Industrials
  • Industry: Financial Information Providers
  • Sub-Industry: Internet Software & Services
  • Symbol: NYSE:RATE
  • CUSIP: 06647F10
  • Web: www.bankrate.com/
Capitalization:
  • Market Cap: $1.24 billion
  • Outstanding Shares: 89,093,000
Average Prices:
  • 50 Day Moving Avg: $13.79
  • 200 Day Moving Avg: $11.42
  • 52 Week Range: $7.10 - $14.25
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 16.95
  • P/E Growth: 1.990
Sales & Book Value:
  • Annual Revenue: $476.96 million
  • Price / Sales: 2.60
  • Book Value: $7.54 per share
  • Price / Book: 1.84
Profitability:
  • EBIDTA: $101.21 million
  • Net Margins: -20.09%
  • Return on Equity: -13.76%
  • Return on Assets: -8.55%
Debt:
  • Debt-to-Equity Ratio: 0.44%
  • Current Ratio: 2.39%
  • Quick Ratio: 2.39%
Misc:
  • Average Volume: 1.01 million shs.
  • Beta: 1.81
  • 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 earnings results on Monday, August, 7th. The company reported $0.13 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.14 by $0.01. The business earned $115.90 million during the quarter, compared to analyst estimates of $117.60 million. Bankrate had a negative net margin of 20.09% and a negative return on equity of 13.76%. Bankrate's revenue was up 17.9% compared to the same quarter last year. During the same quarter last year, the firm earned $0.01 earnings per share. View Bankrate's Earnings History.

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

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

Are investors shorting Bankrate?

Bankrate saw a increase in short interest in July. As of July 31st, there was short interest totalling 1,049,743 shares, an increase of 59.2% from the July 14th total of 659,464 shares. Based on an average trading volume of 1,064,646 shares, the short-interest ratio is currently 1.0 days. Approximately 2.2% of the shares of the 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 shareholders include Dimensional Fund Advisors LP (4.38%), Vanguard Group Inc. (4.08%), FMR LLC (2.85%), State of New Jersey Common Pension Fund D (1.72%), Elk Creek Partners LLC (1.61%) and Numeric Investors LLC (1.57%). 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 Teachers Advisors LLC, FMR LLC, Arrowstreet Capital Limited Partnership, Elk Creek Partners LLC, Citadel Advisors LLC, Renaissance Technologies LLC, Gotham Asset Management LLC and Trexquant Investment LP. 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 bought by a variety of institutional investors in the last quarter, including Oaktop Capital Management II L.P., Thrivent Financial For Lutherans, Dimensional Fund Advisors LP, ING Groep NV, Koch Industries Inc., Unterberg Capital LLC, JPMorgan Chase & Co. and Bank of New York Mellon 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 $13.90.


MarketBeat Community Rating for Bankrate (NYSE RATE)
Community Ranking:  2.0 out of 5 ( )
Outperform Votes:  174 (Vote Outperform)
Underperform Votes:  269 (Vote Underperform)
Total Votes:  443
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 (8.53% 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 8/17/2015 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
8/7/2017Q2 2017$0.14$0.13$117.60 million$115.90 millionViewN/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: 49.19%
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
finance.yahoo.com logoBankrate: Mortgage Rates Remain in Holding Pattern
finance.yahoo.com - August 17 at 3:33 PM
finance.yahoo.com logoAccessOne needs space for growth in new Kingsley Park building under construction in Fort Mill
finance.yahoo.com - August 17 at 7:13 AM
finance.yahoo.com logoPercentage of Working Americans Saving More for Retirement Highest in Six Years
finance.yahoo.com - August 16 at 7:09 AM
americanbankingnews.com logoBankrate, Inc. (RATE) Short Interest Update
www.americanbankingnews.com - August 16 at 1:30 AM
americanbankingnews.com logoBankrate, Inc. (RATE) Receives Consensus Rating of "Hold" from Brokerages
www.americanbankingnews.com - August 12 at 6:38 PM
americanbankingnews.com logoZacks: Analysts Expect Bankrate, Inc. (RATE) Will Announce Quarterly Sales of $138.39 Million
www.americanbankingnews.com - August 12 at 8:16 AM
finance.yahoo.com logoSee what the IHS Markit Score report has to say about Bankrate Inc.
finance.yahoo.com - August 12 at 7:17 AM
finance.yahoo.com logoSee what the IHS Markit Score report has to say about Bankrate Inc.
finance.yahoo.com - August 12 at 7:17 AM
finance.yahoo.com logoBankrate, Inc. :RATE-US: Earnings Analysis: Q2, 2017 By the Numbers : August 10, 2017
finance.yahoo.com - August 11 at 7:56 AM
finance.yahoo.com logoBankrate: Mortgage Rates Mostly Steady Amid Summer Doldrums
finance.yahoo.com - August 10 at 7:16 AM
finance.yahoo.com logoBankrate: Mortgage Rates Mostly Steady Amid Summer Doldrums
finance.yahoo.com - August 10 at 7:16 AM
rttnews.com logoBankrate Inc. Reports 22% Gain In Q2 Bottom Line
www.rttnews.com - August 9 at 6:46 AM
finance.yahoo.com logoBankrate Reports Second Quarter 2017 Financial Results
finance.yahoo.com - August 8 at 6:31 AM
finance.yahoo.com logoBankrate Inc. reports 2Q loss
finance.yahoo.com - August 8 at 6:31 AM
americanbankingnews.com logoBankrate, Inc. (NYSE:RATE) Issues Earnings Results
www.americanbankingnews.com - August 8 at 12:42 AM
finance.yahoo.com logoBankrate: Mortgage Rates Fall for 4th Week in a Row
finance.yahoo.com - August 4 at 7:23 AM
finance.yahoo.com logoThe Law Offices of Vincent Wong Reminds Investors of an Investigation of Bankrate, Inc. in Connection with the Sale of the Company to Red Ventures Holdco, LP
finance.yahoo.com - August 4 at 7:23 AM
americanbankingnews.com logoBankrate, Inc. (NYSE:RATE) Short Interest Update
www.americanbankingnews.com - August 1 at 7:10 AM
finance.yahoo.com logoBankrate: Mortgage Rates Inch Lower as Fed Holds Rates Steady
finance.yahoo.com - July 28 at 7:12 AM
finance.yahoo.com logoBankrate, Inc. To Report Second Quarter 2017 Earnings On August 7, 2017
finance.yahoo.com - July 28 at 7:12 AM
cnbc.com logoOp-Ed: The Fed feels like the calm eye in the middle of the Trump administration storm
www.cnbc.com - July 26 at 5:31 PM
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

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Chart

Bankrate (RATE) Chart for Thursday, August, 17, 2017

This page was last updated on 8/17/2017 by MarketBeat.com Staff