Rimini Street/RMNI

$2.59

-0.38%
-
1D1W1MYTD1YMAX

About Rimini Street

Rimini Street, Inc. is a global provider of enterprise software support products and services. The Company's subscription-based software support products and services offer enterprise software licensees a choice of solutions that replace or supplement the support products offered by enterprise software vendors. Its products and services seek to enable its clients to keep their systems operating and to remain in tax, legal and regulatory compliance; improve productivity; and allocate limited budgets, labor, and other resources to investments. Its software support products and service offerings cover a range of enterprise software vendors, product families and product lines. Its supported vendor or product category includes SAP Applications, SAP Databases, Oracle Applications, Oracle Technology, Oracle Databases, Microsoft Databases, IBM Databases, Open-Source Databases, Salesforce, and Other Software. The Company also offers a special support service, Rimini Street Extra Secure Support.

Ticker

RMNI

Sector

Technology

Trading on

NASDAQ

Industry

Software & Programming

CEO

Seth Ravin

Employees

2,120

Headquarters

Las vegas, United States

Rimini Street Metrics

BasicAdvanced
$234M
Market cap
10.70
P/E ratio
$0.24
EPS
1.28
Beta
-
Dividend rate
$234M
1.27944
$5.32
$2.01
270K
0.848
9.973
8.51%
6.04%
44.89%
10.696
0.541
30.986
3.71%
83,400%
9.71%

What the Analysts think about Rimini Street

Analyst Ratings

Majority rating from 4 analysts.
Buy

Price Targets

Average projection from 4 analysts.
49.81% upside
High $5.00
Low $3.00
$2.59
Current price
$3.88
Average price target

Rimini Street Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
1.21% profit margin
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
$107M
-4.82%
Net income
$1.3M
-86.02%
Profit margin
1.21%
-85.4%

Rimini Street Earnings Performance

Earnings per share (EPS)

Company profitability
Missed by 22.58%
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
$0.10
$0.13
$0.19
$0.08
-
Expected
$0.11
$0.10
$0.11
$0.10
$0.09
Surprise
-6.25%
34.48%
67.65%
-22.58%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Rimini Street stock?

Rimini Street (RMNI) has a market cap of $234M as of May 28, 2024.

What is the P/E ratio for Rimini Street stock?

The price to earnings (P/E) ratio for Rimini Street (RMNI) stock is 10.7 as of May 28, 2024.

Does Rimini Street stock pay dividends?

No, Rimini Street (RMNI) stock does not pay dividends to its shareholders as of May 28, 2024.

When is the next Rimini Street dividend payment date?

Rimini Street (RMNI) stock does not pay dividends to its shareholders.

What is the beta indicator for Rimini Street?

Rimini Street (RMNI) has a beta rating of 1.28. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Rimini Street stock price target?

The target price for Rimini Street (RMNI) stock is $3.88, which is 49.81% above the current price of $2.59. This is an average based on projections from 4 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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