Renren Inc. operates a social networking Internet platform in the People's Republic of China. It operates through two segments, Renren and Auto Group. The company operates Renren.com and Renren Mobile App that enable users to communicate and stay connected with friends, classmates, family members, and co-workers; and woxiu.com, a PC-based social video platform for users to stream their performances live to viewers. The company also sells used automobiles and related products; arranges financing options for customers through its financial services partners; provides credit financing for used automobile dealerships; and sells new cars, as well as provides value-added services, such as warranties, insurance, and after-sale products and services. It offers vehicles at its in-store showrooms; and through Kaixin Auto app, as well as through other online vertical channels, such as Autohome and 58.com. In addition, the company develops Chime, a software as a solution platform that offers lead generation and customer relationship management solutions for real estate professionals; and provides customizable lead capture landing pages that offer multiple home value estimates in the United States. Further, it provides online and mobile services for the trucking industry in the United States. The company was formerly known as Oak Pacific Interactive and changed its name to Renren Inc. in December 2010. Renren Inc. was founded in 2002 and is headquartered in Beijing, the People's Republic of China.
Industry, Sector and Symbol
Industry Data processing & preparation
Sub-IndustryN/A
SectorComputer and Technology
Phone86-10-8448-1818
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$202.10 million
Profitability
Miscellaneous
Employees1,368
Next Earnings Date5/6/2019 (Estimated)
OptionableOptionable
Renren (NYSE:RENN) Frequently Asked Questions
What is Renren's stock symbol?
Renren trades on the New York Stock Exchange (NYSE) under the ticker symbol "RENN."
How often does Renren pay dividends? What is the dividend yield for Renren?
Renren declared a dividend on Monday, April 30th. Stockholders of record on Thursday, June 14th will be paid a dividend of $9.1875 per share on Thursday, June 21st. The ex-dividend date is Friday, June 22nd. View Renren's Dividend History.
How were Renren's earnings last quarter?
Renren Inc (NYSE:RENN) issued its quarterly earnings results on Tuesday, March, 18th. The technology company reported ($0.06) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.04) by $0.02. The technology company earned $30.70 million during the quarter, compared to analysts' expectations of $30.15 million. Renren had a net margin of 10.94% and a negative return on equity of 19.14%. View Renren's Earnings History.
When is Renren's next earnings date?
Has Renren been receiving favorable news coverage?
Media coverage about RENN stock has been trending somewhat positive this week, InfoTrie Sentiment reports. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Renren earned a coverage optimism score of 0.9 on InfoTrie's scale. They also assigned news stories about the technology company a news buzz of 2.0 out of 10, indicating that recent press coverage is very unlikely to have an effect on the stock's share price in the next several days.
Who are some of Renren's key competitors?
Some companies that are related to Renren include ZIX (ZIXI), Brightcove (BCOV), Ooma (OOMA), FRONTEO (FTEO), Park City Group (PCYG), Veritone (VERI), Longfin (LFIN), NantHealth (NH), Intersections (INTX), MTECH ACQUISITI/SH CL A (MTEC), Support.com (SPRT), Innodata (INOD), iPass (IPAS), Marin Software (MRIN) and Net Element (NETE).
What other stocks do shareholders of Renren own?
Who are Renren's key executives?
Renren's management team includes the folowing people:
- Mr. Joseph Chen, Founder, Chairman & CEO (Age 49)
- Mr. Jintao Ren, Chief Financial Officer (Age 40)
- Mr. Jian Liu, COO, Interim VP of Games & Exec. Director (Age 46)
- Ms. Rui Yi, VP of HR (Age 50)
- Mr. He Li, VP of Product and Engineering (Age 36)
Who are Renren's major shareholders?
Renren's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Connor Clark & Lunn Investment Management Ltd. (0.38%) and Bank of Montreal Can (0.09%).
Which major investors are buying Renren stock?
RENN stock was purchased by a variety of institutional investors in the last quarter, including Connor Clark & Lunn Investment Management Ltd. and Bank of Montreal Can.
How do I buy shares of Renren?
Shares of RENN 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, Scottrade, Fidelity and Charles Schwab.
What is Renren's stock price today?
One share of RENN stock can currently be purchased for approximately $1.59.
How big of a company is Renren?
Renren has a market capitalization of $109.82 million and generates $202.10 million in revenue each year. The technology company earns $-110,420,000.00 in net income (profit) each year or ($1.61) on an earnings per share basis. Renren employs 1,368 workers across the globe.
What is Renren's official website?
How can I contact Renren?
Renren's mailing address is 5/F NORTH WING 18 JIUXIANQIAO MIDDLE ROAD, BEIJING F4, 100016. The technology company can be reached via phone at 86-10-8448-1818 or via email at [email protected]
MarketBeat Community Rating for Renren (NYSE RENN)
MarketBeat's community ratings are surveys of what our community members think about Renren and other stocks. Vote "Outperform" if you believe RENN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe RENN will underperform the S&P 500 over the long term. You may vote once every thirty days.
