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Rimini Street Stock

Rimini Street Market capitalization 2024

Rimini Street Market capitalization

280.25 M USD

Ticker

RMNI

ISIN

US76674Q1076

WKN

A2GSYB

In 2024, Rimini Street's market cap stood at 280.25 M USD, a 18.02% increase from the 237.45 M USD market cap in the previous year.

The Rimini Street Market capitalization history

YEARMarket Capitalization (undefined USD)
2023322.71
2022465.96
2021702.87
2020306.96
2019318.47
2018420.66
2017269.64
2016-
2015-
2014-

Rimini Street Aktienanalyse

What does Rimini Street do?

Rimini Street Inc is an American company that offers IT management services. The company was founded in 2005 and is headquartered in Las Vegas, Nevada. History The company was founded by Seth Ravin, an experienced IT expert who previously worked at PeopleSoft. Ravin was dissatisfied with the service he had received from third-party providers in the past and identified a gap in the market to provide more comprehensive support for the software applications used by companies. With this vision, Ravin founded Rimini Street to provide companies with an extended support service for their software applications. Business Model Rimini Street's business model involves providing companies with alternative maintenance and support services for enterprise software to keep them up to date when needed. By offering maintenance services for existing enterprise applications, Rimini Street can help customers avoid risks associated with outdated software applications without the need to pay the expensive upgrade costs for new versions. Rimini Street has made a name for itself by providing an alternative for customers who do not want to pay the high prices for maintenance and upgrades of their existing software applications. Segments Rimini Street specializes in a wide range of enterprise software applications and offers specialized support for product suites from Oracle, SAP, IBM, Microsoft, and other providers. Additionally, Rimini Street has expanded its range of services by introducing software support for databases, middleware, and other applications. Rimini Street places a strong emphasis on quality and has a commitment to customer satisfaction. The company utilizes advanced methods, such as integrated processes, to ensure that support and service offerings can be delivered quickly. Products Rimini Street offers a comprehensive range of products and services to help companies keep their applications up to date. Key services include: 1. Alternative maintenance and support for Oracle, SAP, IBM, and other enterprise applications 2. Support for middleware and databases 3. Upgrade support to run the latest versions of enterprise software 4. Advanced customization and extensions for companies looking to tailor their applications to their specific business requirements 5. Technical support for troubleshooting and problem-solving Summary Rimini Street Inc is an innovative company that offers alternative maintenance and support services for existing enterprise applications. The company has proven to have a strong market position as an alternative to traditional maintenance and support service providers. With its commitment to quality and its services and products that customers can be satisfied with, Rimini Street has established a strong position in the enterprise applications market. Rimini Street ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Market capitalization Details

Exploring Rimini Street's Market Capitalization

Rimini Street's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.

Year-to-Year Comparison

A yearly comparison of Rimini Street's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.

Impact on Investments

Rimini Street's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.

Interpreting Market Capitalization Fluctuations

Variations in Rimini Street’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.

Frequently Asked Questions about Rimini Street stock

What is the current Rimini Street market capitalization?

The current market capitalization of Rimini Street is 280.25 M USD.

What is market capitalization?

The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like Rimini Street.

How has the market capitalization of Rimini Street developed in recent years?

The market capitalization of Rimini Street has increased/decreased by 18.02% compared to the previous year.

What does market capitalization mean for investors?

The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.

Why is market capitalization an important indicator for investors?

The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.

Why does the market capitalization fluctuate?

The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.

What role does market capitalization play in the valuation of Rimini Street?

In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.

Does the market capitalization influence the performance of Rimini Street?

There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).

Does the market capitalization of Rimini Street have an influence on indices?

Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).

How much dividend does Rimini Street pay?

Over the past 12 months, Rimini Street paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Rimini Street is expected to pay a dividend of 0 USD.

What is the dividend yield of Rimini Street?

The current dividend yield of Rimini Street is .

When does Rimini Street pay dividends?

Rimini Street pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Rimini Street?

Rimini Street paid dividends every year for the past 0 years.

What is the dividend of Rimini Street?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Rimini Street located?

Rimini Street is assigned to the 'Information technology' sector.

Wann musste ich die Aktien von Rimini Street kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Rimini Street from 7/27/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 7/27/2024.

When did Rimini Street pay the last dividend?

The last dividend was paid out on 7/27/2024.

What was the dividend of Rimini Street in the year 2023?

In the year 2023, Rimini Street distributed 0 USD as dividends.

In which currency does Rimini Street pay out the dividend?

The dividends of Rimini Street are distributed in USD.

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Andere Kennzahlen von Rimini Street

Our stock analysis for Rimini Street Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Rimini Street Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.