Reis (REIS) Announces Quarterly Dividend of $0.11
Reis (NASDAQ:REIS) declared a quarterly dividend on Tuesday, August 19th, Analyst Ratings Net reports. Investors of record on Wednesday, September 10th will be given a dividend of 0.11 per share on Wednesday, September 17th. This represents a $0.44 dividend on an annualized basis and a yield of 1.89%.
On the ratings front, analysts at B. Riley reiterated a “buy” rating on shares of Reis in a research note on Friday, August 1st. They now have a $30.00 price target on the stock, up previously from $27.00.
Reis (NASDAQ:REIS) opened at 23.29 on Tuesday. Reis has a 1-year low of $15.66 and a 1-year high of $23.87. The stock has a 50-day moving average of $22.18 and a 200-day moving average of $19.31. The company has a market cap of $258.5 million and a P/E ratio of 14.70.
Reis (NASDAQ:REIS) last issued its quarterly earnings data on Thursday, July 31st. The company reported $0.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.07 by $0.01. The company had revenue of $10.20 million for the quarter, compared to the consensus estimate of $9.90 million. Analysts expect that Reis will post $0.33 EPS for the current fiscal year.
Reis, Inc (NASDAQ:REIS) is a provider of commercial real estate market information and analytical tools for its customers.
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