NYSEAMERICAN:REI - Ring Energy Stock Price, Forecast & News

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ring Energy in the last year. There are currently 6 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Ring Energy.

Ring Energy is scheduled to release its next quarterly earnings announcement on Wednesday, May 13th 2020. View our earnings forecast for Ring Energy.

Ring Energy Inc (NYSEAMERICAN:REI) issued its earnings results on Wednesday, August, 8th. The company reported $0.09 EPS for the quarter, missing the consensus estimate of $0.13 by $0.04. The firm had revenue of $29.93 million for the quarter, compared to the consensus estimate of $30.05 million. View Ring Energy's earnings history.

7 analysts have issued 1 year price targets for Ring Energy's shares. Their forecasts range from $1.00 to $4.00. On average, they expect Ring Energy's share price to reach $2.36 in the next year. This suggests a possible upside of 270.0% from the stock's current price. View analysts' price targets for Ring Energy.

Media headlines about REI stock have been trending extremely negative on Sunday, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Ring Energy earned a media sentiment score of -4.0 on InfoTrie's scale. They also assigned 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 immediate future. View the latest news aboutRing Energy.

Ring Energy saw a increase in short interest in March. As of March 13th, there was short interest totaling 14,917,000 shares, an increase of 11.1% from the February 27th total of 13,430,000 shares. Based on an average daily volume of 1,040,000 shares, the days-to-cover ratio is currently 14.3 days. Approximately 28.0% of the company's shares are short sold. View Ring Energy's Current Options Chain.

Some companies that are related to Ring Energy include Gulf Keystone Petroleum (GKP), Pantheon Resources (PANR), Rockhopper Exploration (RKH), Volga Gas (VGAS), TransAtlantic Petroleum (TAT), BowLeven (BLVN), PetroNeft Resources (PTR), Exillon Energy (EXI), American Sands Energy (AMSE), Arkanova Energy (AKVA) and Rangeford Resources (RGFR).

Based on aggregate information from My MarketBeat watchlists, some companies that other Ring Energy investors own include Universal Display (OLED), Enterprise Products Partners (EPD), Energy Transfer LP Unit (ET), Kinder Morgan (KMI), Intel (INTC), Gulfport Energy (GPOR), Cleveland-Cliffs (CLF), AT&T (T), Earthstone Energy (ESTE) and WPX Energy (WPX).

Ring Energy trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol "REI."

Ring Energy's stock is owned by many different institutional and retail investors. Top institutional investors include Principal Financial Group Inc. (3.29%), State Street Corp (2.56%), Geode Capital Management LLC (1.20%), Bank of New York Mellon Corp (0.94%), Sei Investments Co. (0.79%) and Financial Advocates Investment Management (0.72%). Company insiders that own Ring Energy stock include Anthony Benedict Petrelli, Daniel D Wilson, David A Fowler, Kelly W Hoffman, Rochford Living Trust Lloyd Ti, Stanley Myron Mccabe and William Randall Broaddrick. View institutional ownership trends for Ring Energy.

REI stock was sold by a variety of institutional investors in the last quarter, including Financial Advocates Investment Management, State Street Corp, Bank of New York Mellon Corp, Nuveen Asset Management LLC, Los Angeles Capital Management & Equity Research Inc., Citigroup Inc., Ancora Advisors LLC, and Credit Suisse AG. View insider buying and selling activity for Ring Energy.

REI stock was acquired by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Victory Capital Management Inc., Principal Financial Group Inc., Guggenheim Capital LLC, Chicago Equity Partners LLC, Goldman Sachs Group Inc., Renaissance Technologies LLC, and Crossmark Global Holdings Inc.. Company insiders that have bought Ring Energy stock in the last two years include Anthony Benedict Petrelli, David A Fowler, Kelly W Hoffman, Rochford Living Trust Lloyd Ti, Stanley Myron Mccabe, and William Randall Broaddrick. View insider buying and selling activity for Ring Energy.

Shares of REI 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.

One share of REI stock can currently be purchased for approximately $0.64.

Ring Energy has a market capitalization of $43.37 million. Ring Energy employs 42 workers across the globe. View additional information about Ring Energy.

The official website for Ring Energy is http://www.ringenergy.com/.

Ring Energy's mailing address is 6555 S Lewis Ave, TULSA, OK 74136-1010, United States. The company can be reached via phone at (432) 682-7464.