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
Stock Exchange NYSE
Industry Data processing & preparation
Sub-IndustryN/A
SectorComputer and Technology
SymbolNYSE:RENN
CUSIPN/A
Phone86-10-8448-1818
Debt
Debt-to-Equity Ratio0.07
Current Ratio1.28
Quick Ratio0.97
Price-To-Earnings
Trailing P/E Ratio-1.48
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$202.10 million
Price / Sales0.81
Cash FlowN/A
Price / CashN/A
Book Value$10.37 per share
Price / Book0.23
Profitability
EPS (Most Recent Fiscal Year)($1.61)
Net Income$-110,420,000.00
Net Margins-42.22%
Return on Equity-17.68%
Return on Assets-10.73%
Miscellaneous
Employees988
Outstanding Shares68,340,000
Market Cap$167.42
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. Shareholders of record on Thursday, June 14th will be given 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) posted its earnings results on Monday, May, 7th. The technology company reported ($0.79) earnings per share for the quarter. The technology company had revenue of $97.06 million for the quarter. Renren had a negative net margin of 42.22% and a negative return on equity of 17.68%. View Renren's Earnings History.
When is Renren's next earnings date?
What is the consensus analysts' recommendation for Renren?
0 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Renren in the last year. There are currently for the stock, resulting in a consensus recommendation of "N/A."
Are investors shorting Renren?
Renren saw a increase in short interest during the month of June. As of June 29th, there was short interest totalling 1,573,738 shares, an increase of 96.8% from the June 15th total of 799,516 shares. Based on an average daily trading volume, of 9,003,344 shares, the days-to-cover ratio is presently 0.2 days. View Renren's Current Options Chain.
Who are some of Renren's key competitors?
Some companies that are related to Renren include Castlight Health (CSLT), Tucows (TCX), NantHealth (NH), Longfin (LFIN), FRONTEO (FTEO), Brightcove (BCOV), Ooma (OOMA), ZIX (ZIXI), Leaf Group (LFGR), Veritone (VERI), Park City Group (PCYG), Support.com (SPRT), Intersections (INTX), Marin Software (MRIN) and Net Element (NETE).
Who are Renren's key executives?
Renren's management team includes the folowing people:
- Mr. Joseph Chen, Founder, Chairman and Chief Exec. Officer (Age 48)
- Mr. Jintao Ren, Chief Financial Officer (Age 39)
- Mr. Jian Liu, Chief Operating Officer, Interim VP of Games and Exec. Director (Age 45)
- Ms. Rui Yi, VP of HR (Age 49)
- Mr. He Li, VP of Product and Engineering (Age 35)
Has Renren been receiving favorable news coverage?
News coverage about RENN stock has trended somewhat positive recently, according to Accern Sentiment. The research group scores the sentiment of news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Renren earned a coverage optimism score of 0.10 on Accern's scale. They also assigned news stories about the technology company an impact score of 45.96 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near future.
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 $2.39.
How big of a company is Renren?
Renren has a market capitalization of $167.42 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 988 workers across the globe.
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.
