News articles about Reis (NASDAQ:REIS) have trended somewhat positive recently, according to Accern Sentiment. The research firm identifies positive and negative press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Reis earned a media sentiment score of 0.12 on Accern’s scale. Accern also assigned news articles about the business services provider an impact score of 44.9403508013709 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the news articles that may have effected Accern Sentiment’s rankings:
- Reis Inc (REIS) Declares Quarterly Dividend of $0.19 (americanbankingnews.com)
- CRE Experts Question Whether $200 Billion in Federal Funds Will be Enough to Fix Infrastructure (nreionline.com)
- BRIEF-Reis Hikes Quarterly Cash Dividend By 11.8 Pct (reuters.com)
- Reis, Inc. Increases its Quarterly Cash Dividend by 11.8% to $0.19 Per Share (markets.financialcontent.com)
- William Sander Sells 2,926 Shares of Reis Inc (REIS) Stock (americanbankingnews.com)
Reis (NASDAQ:REIS) traded down $0.20 during midday trading on Friday, hitting $18.80. The company’s stock had a trading volume of 8,147 shares, compared to its average volume of 16,625. Reis has a 1 year low of $15.95 and a 1 year high of $23.00. The company has a market cap of $217.90, a price-to-earnings ratio of 188.00 and a beta of 1.11.
A number of equities research analysts have commented on the company. Zacks Investment Research lowered Reis from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 10th. B. Riley set a $26.00 price target on Reis and gave the company a “buy” rating in a research report on Monday, October 30th. Finally, ValuEngine lowered Reis from a “hold” rating to a “sell” rating in a research report on Tuesday. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and two have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $23.33.
In other news, COO William Sander sold 5,000 shares of the business’s stock in a transaction dated Tuesday, January 2nd. The stock was sold at an average price of $20.26, for a total value of $101,300.00. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Mark P. Cantaluppi sold 1,531 shares of the business’s stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $18.68, for a total value of $28,599.08. The disclosure for this sale can be found here. Insiders sold a total of 40,785 shares of company stock worth $763,986 in the last quarter. Corporate insiders own 21.60% of the company’s stock.
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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.
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