News stories about Reis (NASDAQ:REIS) have been trending somewhat positive on Tuesday, Accern reports. The research group identifies negative and positive media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Reis earned a media sentiment score of 0.12 on Accern’s scale. Accern also gave media coverage about the business services provider an impact score of 46.2115625296374 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Here are some of the news headlines that may have effected Accern Sentiment Analysis’s rankings:
- GENERATION NEXT FRANCHISE BRANDS : COMMENCES FISCAL 2018 WITH $2,197,500 IN BOOKINGS FOR JULY (4-traders.com)
- $1,827 per month: Apartment rents continue 7-year climb (record-bee.com)
- North American Non-Graded Stakes Results August 6 (brisnet.com)
- Head-To-Head Contrast: Reis (NASDAQ:REIS) vs. Altisource Portfolio Solutions (ASPS) (americanbankingnews.com)
- Reis, Inc. :REIS-US: Earnings Analysis: Q2, 2017 By the Numbers : August 3, 2017 (finance.yahoo.com)
Reis (NASDAQ REIS) opened at 18.75 on Tuesday. The stock’s 50 day moving average price is $20.84 and its 200 day moving average price is $19.55. The company has a market cap of $215.85 million, a P/E ratio of 187.50 and a beta of 1.08. Reis has a 52-week low of $16.90 and a 52-week high of $23.62.
Reis (NASDAQ:REIS) last released its earnings results on Tuesday, August 1st. The business services provider reported $0.03 earnings per share for the quarter, beating the consensus estimate of $0.02 by $0.01. The business had revenue of $11.71 million for the quarter, compared to the consensus estimate of $12.20 million. Reis had a return on equity of 1.20% and a net margin of 2.49%. Analysts expect that Reis will post $0.16 earnings per share for the current year.
The company also recently announced a quarterly dividend, which was paid on Friday, July 14th. Stockholders of record on Wednesday, June 7th were given a $0.17 dividend. The ex-dividend date of this dividend was Monday, June 5th. This represents a $0.68 annualized dividend and a dividend yield of 3.63%. Reis’s dividend payout ratio (DPR) is presently 680.07%.
A number of analysts have issued reports on REIS shares. Zacks Investment Research raised Reis from a “sell” rating to a “hold” rating in a research note on Wednesday, April 12th. B. Riley reaffirmed a “buy” rating and issued a $26.00 price objective on shares of Reis in a research note on Friday, May 5th. Canaccord Genuity reaffirmed a “buy” rating and issued a $23.00 price objective on shares of Reis in a research note on Tuesday, May 9th. Finally, TheStreet raised Reis from a “c” rating to a “b-” rating in a research note on Monday, July 3rd.
In other news, COO William Sander sold 3,525 shares of the firm’s stock in a transaction that occurred on Thursday, July 6th. The stock was sold at an average price of $20.79, for a total value of $73,284.75. Following the transaction, the chief operating officer now owns 167,736 shares in the company, valued at $3,487,231.44. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 21.60% of the company’s stock.
Reis Company Profile
Reis, Inc (Reis) is engaged in providing commercial real estate market information and analytical tools to real estate professionals, through its Reis Services subsidiary. The Company operates through Reis Services segment. It maintains a database containing detailed information on commercial properties in metropolitan markets and neighborhoods throughout the United States.
Receive News & Ratings for Reis Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Reis Inc and related companies with MarketBeat.com's FREE daily email newsletter.