Media stories about Reis (NASDAQ:REIS) have trended somewhat positive this week, Accern Sentiment reports. Accern identifies negative and positive news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public 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 0.11 on Accern’s scale. Accern also gave news coverage about the business services provider an impact score of 46.6035070213298 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
These are some of the news articles that may have effected Accern Sentiment’s scoring:
- Local doctors, teens lead humanitarian trip to Africa (worcestermag.com)
- The Terrifics #2 Review (fandompost.com)
- B. Riley Analysts Give Reis (REIS) a $26.00 Price Target (americanbankingnews.com)
- Insider Selling: Reis, Inc (REIS) COO Sells 5,000 Shares of Stock (americanbankingnews.com)
- Beer and Farming Experts Turn to Cider With Rockridge Bar and Bottle Shop (sf.eater.com)
Shares of NASDAQ:REIS traded up $0.30 during mid-day trading on Thursday, reaching $21.30. 42,635 shares of the stock were exchanged, compared to its average volume of 19,085. The company has a market cap of $241.23, a PE ratio of 133.13 and a beta of 1.03. Reis has a one year low of $15.95 and a one year high of $22.35.
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 14th. Investors of record on Wednesday, March 7th were issued a dividend of $0.19 per share. The ex-dividend date was Tuesday, March 6th. This is an increase from Reis’s previous quarterly dividend of $0.17. This represents a $0.76 dividend on an annualized basis and a dividend yield of 3.57%. Reis’s dividend payout ratio (DPR) is presently 475.00%.
A number of research firms have recently commented on REIS. Canaccord Genuity reaffirmed a “hold” rating on shares of Reis in a research report on Sunday, March 11th. Zacks Investment Research lowered Reis from a “hold” rating to a “sell” rating in a research report on Saturday, March 10th. BidaskClub upgraded Reis from a “hold” rating to a “buy” rating in a report on Saturday, March 24th. Finally, ValuEngine downgraded Reis from a “hold” rating to a “sell” rating in a report on Tuesday, February 13th. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and two have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $23.33.
In other Reis news, COO William Sander sold 5,000 shares of the firm’s stock in a transaction that occurred on Monday, April 2nd. The stock was sold at an average price of $21.12, for a total value of $105,600.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Jonathan Garfield sold 3,726 shares of the firm’s stock in a transaction that occurred on Wednesday, February 7th. The shares were sold at an average price of $18.85, for a total value of $70,235.10. Following the completion of the transaction, the insider now owns 887,546 shares of the company’s stock, valued at $16,730,242.10. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 33,785 shares of company stock valued at $628,786. Corporate insiders own 21.60% of the company’s stock.
TRADEMARK VIOLATION WARNING: “Reis (REIS) Receives Daily News Sentiment Rating of 0.11” was published by BBNS and is the property of of BBNS. If you are reading this piece of content on another domain, it was illegally copied and republished in violation of international copyright & trademark law. The legal version of this piece of content can be read at https://baseballnewssource.com/2018/04/06/reis-reis-receives-daily-news-sentiment-score-of-0-11/2029195.html.
Reis, Inc, through its subsidiary, Reis Services, provides commercial real estate market information and analytical tools to real estate professionals in the United States. The company maintains a proprietary database containing information on commercial properties, including apartment, office, retail, warehouse/distribution, flex/research and development, self-storage, and seniors and student housing properties in the metropolitan markets and neighborhoods.
Receive News & Ratings for Reis Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Reis and related companies with MarketBeat.com's FREE daily email newsletter.