Reis (REIS) Receiving Somewhat Positive Media Coverage, Accern Reports

Media stories about Reis (NASDAQ:REIS) have trended somewhat positive on Friday, Accern Sentiment Analysis reports. The research firm identifies positive and negative press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Reis earned a news sentiment score of 0.05 on Accern’s scale. Accern also assigned media coverage about the business services provider an impact score of 44.3119527236109 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

REIS has been the subject of a number of research analyst reports. B. Riley set a $26.00 price target on shares of Reis and gave the stock a “buy” rating in a research note on Monday, October 30th. Zacks Investment Research upgraded shares of Reis from a “hold” rating to a “strong-buy” rating and set a $21.00 price target for the company in a research note on Saturday, November 11th. Finally, ValuEngine upgraded shares of Reis from a “sell” rating to a “hold” rating in a research note on Friday, September 22nd. One investment analyst has rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. Reis currently has a consensus rating of “Buy” and a consensus price target of $23.33.

Shares of Reis (NASDAQ REIS) opened at $21.40 on Friday. Reis has a 12 month low of $15.95 and a 12 month high of $23.00. The firm has a market cap of $244.85, a price-to-earnings ratio of 214.00 and a beta of 1.22.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 13th. Shareholders of record on Wednesday, December 6th were paid a dividend of $0.17 per share. The ex-dividend date of this dividend was Tuesday, December 5th. This represents a $0.68 annualized dividend and a yield of 3.18%. Reis’s payout ratio is 680.00%.

In other Reis news, CFO Mark P. Cantaluppi sold 3,000 shares of the business’s stock in a transaction on Tuesday, November 21st. The shares were sold at an average price of $19.50, for a total transaction of $58,500.00. Following the completion of the sale, the chief financial officer now owns 119,264 shares in the company, valued at $2,325,648. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CFO Mark P. Cantaluppi sold 4,000 shares of the business’s stock in a transaction on Tuesday, November 28th. The shares were sold at an average price of $20.25, for a total transaction of $81,000.00. Following the sale, the chief financial officer now owns 116,508 shares of the company’s stock, valued at approximately $2,359,287. The disclosure for this sale can be found here. In the last quarter, insiders have sold 12,000 shares of company stock valued at $229,500. 21.60% of the stock is owned by insiders.

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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.

Insider Buying and Selling by Quarter for Reis (NASDAQ:REIS)

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