Reis, Inc (NASDAQ:REIS) will release its earnings data before the market opens on Monday, November 6th. Analysts expect Reis to post earnings of $0.05 per share for the quarter.

Reis (NASDAQ:REIS) last issued its quarterly earnings results on Tuesday, August 1st. The business services provider reported $0.03 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.02 by $0.01. The firm had revenue of $11.71 million during the quarter, compared to analysts’ expectations of $12.20 million. Reis had a net margin of 2.49% and a return on equity of 1.20%. On average, analysts expect Reis to post $0.11 EPS for the current fiscal year and $0.23 EPS for the next fiscal year.

Shares of Reis, Inc (NASDAQ:REIS) opened at 18.30 on Monday. Reis, Inc has a 52 week low of $15.95 and a 52 week high of $23.62. The company’s 50-day moving average is $18.15 and its 200-day moving average is $18.98. The firm has a market cap of $210.67 million, a PE ratio of 183.00 and a beta of 1.12.

In other Reis news, COO William Sander sold 5,000 shares of the business’s stock in a transaction on Monday, October 2nd. The shares were sold at an average price of $18.00, for a total transaction of $90,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 21.60% of the stock is owned by insiders.

An institutional investor recently raised its position in Reis stock. State Street Corp raised its holdings in shares of Reis, Inc (NASDAQ:REIS) by 8.6% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 130,971 shares of the business services provider’s stock after purchasing an additional 10,393 shares during the period. State Street Corp owned about 1.14% of Reis worth $2,784,000 as of its most recent SEC filing. 59.72% of the stock is owned by institutional investors.

Several analysts have weighed in on the stock. Zacks Investment Research upgraded shares of Reis from a “sell” rating to a “hold” rating in a research note on Wednesday, July 12th. TheStreet upgraded shares of Reis from a “c” rating to a “b-” rating in a research note on Monday, July 3rd. ValuEngine upgraded shares of Reis from a “sell” rating to a “hold” rating in a research note on Friday, September 22nd. Finally, B. Riley reiterated a “buy” rating and set a $26.00 target price on shares of Reis in a research note on Monday. Two research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $24.50.

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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.

Earnings History for Reis (NASDAQ:REIS)

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