Rimini Street (RMNI)
Market Price (6/3/2026): $4.265 | Market Cap: $391.5 MilSector: Consumer Staples | Industry: Tobacco
Rimini Street (RMNI)
Market Price (6/3/2026): $4.265Market Cap: $391.5 MilSector: Consumer StaplesIndustry: Tobacco
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 9.0%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 4.7%, FCF Yield is 12% Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -14% Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 12%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 11% Megatrend and thematic driversMegatrends include Enterprise IT Optimization. Themes include Third-Party Software Support, Legacy System Modernization, and IT Cost Management. | Weak multi-year price returns3Y Excs Rtn is -80% | Weak revenue growthRev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is 0.5% Key risksRMNI key risks include [1] significant revenue loss from the mandated wind-down of its Oracle PeopleSoft support business and [2] recent revenue declines compounded by a sub-par customer retention rate. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 9.0%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 4.7%, FCF Yield is 12% |
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -14% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 12%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 11% |
| Megatrend and thematic driversMegatrends include Enterprise IT Optimization. Themes include Third-Party Software Support, Legacy System Modernization, and IT Cost Management. |
| Weak multi-year price returns3Y Excs Rtn is -80% |
| Weak revenue growthRev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is 0.5% |
| Key risksRMNI key risks include [1] significant revenue loss from the mandated wind-down of its Oracle PeopleSoft support business and [2] recent revenue declines compounded by a sub-par customer retention rate. |
Qualitative Assessment
AI Analysis | Feedback
Rimini Street (RMNI) stock has gained about 15% since 2/28/2026 because of the following key factors:
1. Rimini Street reported a Q1 2026 revenue beat, exceeding analyst expectations. The company posted revenue of $105.5 million for the first quarter of 2026, which surpassed the consensus estimate of $104.94 million by 0.53%. This represented a 1.2% increase compared to the same period last year, and a 5.2% increase when excluding support services for Oracle's PeopleSoft software products. Annualized Recurring Revenue also grew by 1.2% to $400.8 million, or 5.0% excluding PeopleSoft support. These figures indicated continued top-line growth despite an earnings per share miss.
2. Significant growth in new client transactions and expanded strategic partnerships contributed to positive sentiment. During Q1 2026, Rimini Street closed 11 new client transactions with over $1 million in Total Contract Value (TCV), collectively totaling $33 million, a substantial increase from 5 transactions totaling $5.6 million in Q1 2025. The company also added 50 new logos. Key business developments included a new strategic partnership with American Digital, announced on February 25, 2026, focused on delivering alternative SAP, Oracle, and VMware support. Additionally, Lwart Environmental Solutions expanded its partnership with Rimini Street on March 17, 2026, for SAP and VMware support.
Show more
Stock Movement Drivers
Fundamental Drivers
The 14.8% change in RMNI stock from 2/28/2026 to 6/2/2026 was primarily driven by a 21.8% change in the company's P/E Multiple.| (LTM values as of) | 2282026 | 6022026 | Change |
|---|---|---|---|
| Stock Price ($) | 3.72 | 4.27 | 14.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 422 | 423 | 0.3% |
| Net Income Margin (%) | 8.8% | 8.3% | -5.6% |
| P/E Multiple | 9.2 | 11.2 | 21.8% |
| Shares Outstanding (Mil) | 91 | 92 | -0.4% |
| Cumulative Contribution | 14.8% |
Market Drivers
2/28/2026 to 6/2/2026| Return | Correlation | |
|---|---|---|
| RMNI | 14.8% | |
| Market (SPY) | 11.0% | 31.0% |
| Sector (XLP) | -8.6% | 2.5% |
Fundamental Drivers
The 12.1% change in RMNI stock from 11/30/2025 to 6/2/2026 was primarily driven by a 36.8% change in the company's P/E Multiple.| (LTM values as of) | 11302025 | 6022026 | Change |
|---|---|---|---|
| Stock Price ($) | 3.81 | 4.27 | 12.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 426 | 423 | -0.7% |
| Net Income Margin (%) | 10.1% | 8.3% | -17.8% |
| P/E Multiple | 8.2 | 11.2 | 36.8% |
| Shares Outstanding (Mil) | 92 | 92 | 0.4% |
| Cumulative Contribution | 12.1% |
Market Drivers
11/30/2025 to 6/2/2026| Return | Correlation | |
|---|---|---|
| RMNI | 12.1% | |
| Market (SPY) | 11.8% | 33.0% |
| Sector (XLP) | 4.5% | -3.2% |
Fundamental Drivers
The 40.0% change in RMNI stock from 5/31/2025 to 6/2/2026 was primarily driven by a 42.0% change in the company's P/S Multiple.| (LTM values as of) | 5312025 | 6022026 | Change |
|---|---|---|---|
| Stock Price ($) | 3.05 | 4.27 | 40.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 426 | 423 | -0.8% |
| P/S Multiple | 0.7 | 0.9 | 42.0% |
| Shares Outstanding (Mil) | 91 | 92 | -0.6% |
| Cumulative Contribution | 40.0% |
Market Drivers
5/31/2025 to 6/2/2026| Return | Correlation | |
|---|---|---|
| RMNI | 40.0% | |
| Market (SPY) | 30.4% | 30.1% |
| Sector (XLP) | 1.5% | -4.2% |
Fundamental Drivers
The -7.2% change in RMNI stock from 5/31/2023 to 6/2/2026 was primarily driven by a -99.8% change in the company's P/E Multiple.| (LTM values as of) | 5312023 | 6022026 | Change |
|---|---|---|---|
| Stock Price ($) | 4.60 | 4.27 | -7.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 417 | 423 | 1.3% |
| Net Income Margin (%) | 0.0% | 8.3% | 48023.5% |
| P/E Multiple | 5,666.3 | 11.2 | -99.8% |
| Shares Outstanding (Mil) | 89 | 92 | -3.4% |
| Cumulative Contribution | -7.2% |
Market Drivers
5/31/2023 to 6/2/2026| Return | Correlation | |
|---|---|---|
| RMNI | -7.2% | |
| Market (SPY) | 88.9% | 24.5% |
| Sector (XLP) | 22.2% | 4.7% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| RMNI Return | 35% | -36% | -14% | -18% | 45% | 10% | -4% |
| Peers Return | 31% | -16% | 30% | 26% | 11% | -5% | 92% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 11% | 102% |
Monthly Win Rates [3] | |||||||
| RMNI Win Rate | 58% | 33% | 42% | 50% | 58% | 67% | |
| Peers Win Rate | 60% | 40% | 62% | 62% | 48% | 50% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 67% | |
Max Drawdowns [4] | |||||||
| RMNI Max Drawdown | -52% | -50% | -62% | -54% | -29% | -26% | |
| Peers Max Drawdown | -15% | -33% | -18% | -19% | -33% | -39% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: ORCL, ACN, IBM, CTSH. See RMNI Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 6/2/2026 (YTD)
How Low Can It Go
| Event | RMNI | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -16.0% | -18.8% |
| % Gain to Breakeven | 19.0% | 23.1% |
| Time to Breakeven | 23 days | 79 days |
| 2024 Yen Carry Trade Unwind | ||
| % Loss | -41.9% | -7.8% |
| % Gain to Breakeven | 72.2% | 8.5% |
| Time to Breakeven | 139 days | 18 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -35.0% | -9.5% |
| % Gain to Breakeven | 53.7% | 10.5% |
| Time to Breakeven | 33 days | 24 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -28.4% | -6.7% |
| % Gain to Breakeven | 39.6% | 7.1% |
| Time to Breakeven | 61 days | 31 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -26.1% | -24.5% |
| % Gain to Breakeven | 35.3% | 32.4% |
| Time to Breakeven | 14 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -28.1% | -33.7% |
| % Gain to Breakeven | 39.1% | 50.9% |
| Time to Breakeven | 87 days | 140 days |
In The Past
Rimini Street's stock fell -16.0% during the 2025 US Tariff Shock. Such a loss loss requires a 19.0% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
| Event | RMNI | S&P 500 |
|---|---|---|
| 2024 Yen Carry Trade Unwind | ||
| % Loss | -41.9% | -7.8% |
| % Gain to Breakeven | 72.2% | 8.5% |
| Time to Breakeven | 139 days | 18 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -35.0% | -9.5% |
| % Gain to Breakeven | 53.7% | 10.5% |
| Time to Breakeven | 33 days | 24 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -28.4% | -6.7% |
| % Gain to Breakeven | 39.6% | 7.1% |
| Time to Breakeven | 61 days | 31 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -26.1% | -24.5% |
| % Gain to Breakeven | 35.3% | 32.4% |
| Time to Breakeven | 14 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -28.1% | -33.7% |
| % Gain to Breakeven | 39.1% | 50.9% |
| Time to Breakeven | 87 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -28.2% | -19.2% |
| % Gain to Breakeven | 39.3% | 23.8% |
| Time to Breakeven | 764 days | 105 days |
In The Past
Rimini Street's stock fell -16.0% during the 2025 US Tariff Shock. Such a loss loss requires a 19.0% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Rimini Street (RMNI)
AI Analysis | Feedback
Here are 1-3 brief analogies for Rimini Street:
The independent repair shop for companies running Oracle and SAP's enterprise software.
Geek Squad, but for Oracle and SAP's enterprise software.
AI Analysis | Feedback
- Software Support Services: Rimini Street provides support services for enterprise software products from vendors such as Oracle and SAP.
AI Analysis | Feedback
Rimini Street, Inc. (RMNI) sells primarily to other companies (enterprises) that utilize Oracle and SAP enterprise software products.
Here are examples of major customer companies that Rimini Street serves:
- Coca-Cola HBC AG (NYSE: CCH)
- The Toro Company (NYSE: TTC)
- MGM Resorts International (NYSE: MGM)
- Mazda Motor Corporation (OTCMKTS: MZDAY)
- Hitachi, Ltd. (OTCMKTS: HTHIY)
AI Analysis | Feedback
null
AI Analysis | Feedback
HTMLSeth A. Ravin, CEO, President & Chairman of the Board
Mr. Ravin founded Rimini Street in September 2005, pioneering the independent enterprise software support industry. He previously held executive titles at PeopleSoft, Inc., including Vice President of the customer sales division, corporate director of customer services and programs, and corporate manager of upgrades and installations, as well as roles at SAP. At PeopleSoft, he designed and launched the enterprise software industry's first specialized extended support programs. Mr. Ravin is recognized for enacting a visionary, disruptive strategy for dramatically reducing information technology costs. He was part of the "PeopleSoft mafia," a group of startup founders who emerged after Oracle's acquisition of PeopleSoft in 2004.
Michael L. Perica, EVP & Chief Financial Officer
Mr. Perica was appointed EVP and Chief Financial Officer of Rimini Street in October 2020. Before joining Rimini Street, he served as Vice President of Finance and CFO of the Energy Systems Global business unit at Enersys (NYSE: ENS). Mr. Perica joined Enersys as a result of a $750 million acquisition, where he led the sell-side process as CFO of Alpha Technologies. During his tenure as CFO of Alpha Technologies, he developed and executed a strategic financial plan that led to a five-year period of double-digit compounded annual revenue and EBITDA growth, driven by services expansion and acquisitions. He also served as CFO of Channell Commercial Corporation and spent 12 years at various Wall Street investment banks, culminating in his role as Senior Vice President and Head of Research at Brean Capital (formerly Brean Murray, Carret & Co.).
Steve Hershkowitz, EVP, Chief Revenue Officer
Mr. Hershkowitz brings more than 25 years of experience leading global sales, customer success, and business development organizations within the enterprise software and IT services industry.
Nancy Lyskawa, EVP & Chief Client Officer
Ms. Lyskawa is an executive leader with over 25 years of experience in the enterprise software industry, encompassing Fortune 500 companies and high-growth technology startups such as PeopleSoft and Oracle. Her track record includes success in global client success, corporate strategy, marketing, and recurring revenue sales and execution. Prior to Rimini Street, she was Vice President, Global Support Services Marketing at Oracle Corporation, where she was responsible for the marketing strategy and execution for Oracle's then-$12 billion global support business.
David Rowe, EVP & Chief Marketing Officer
Mr. Rowe is an executive leader with over 30 years of experience in the enterprise software industry. He has a proven background in formulating, building, and marketing technology solutions for both large international software firms and high-growth technology start-ups. Mr. Rowe also spearheads initiatives focused on reinventing, transforming, and scaling Rimini Street's business to achieve billion-dollar revenue operations.
AI Analysis | Feedback
Here are the key risks to Rimini Street's business:
-
Ongoing Litigation and Regulatory Scrutiny
Rimini Street has been engaged in protracted legal battles, most notably with Oracle, for over a decade, primarily concerning copyright infringement related to its third-party support services. While a recent confidential settlement agreement with Oracle may lead to the resolution and dismissal of a significant portion of this litigation (Rimini II), it also mandates the wind-down of Rimini Street's support and services for Oracle's PeopleSoft software by July 31, 2028. This long-running legal dispute has historically created significant uncertainty for the company, incurred substantial legal costs, including over $90 million in damages and attorneys' fees to Oracle, and has been cited as a primary reason for the company's stock trading at a discount compared to its peers.
-
Intense Competition and Vendor Pressure
Rimini Street operates in a highly competitive market for enterprise software support, facing direct competition from original equipment manufacturers (OEMs) like Oracle and SAP, as well as other third-party support providers and consulting firms. The company's business model, which offers a cost-effective alternative to OEM support, is viewed as a direct threat by major software vendors, leading to what has been described as "vendor hostility." These OEMs exert pressure on customers to migrate to their cloud-based, subscription models, often through forced upgrades, which can challenge Rimini Street's value proposition of supporting existing, stable systems. Rimini Street must continuously overcome concerns from potential clients regarding compliance, security, and the long-term viability of its services when competing against deeply entrenched vendors with massive scale and brand recognition.
-
Challenges with Earnings Quality and Revenue Growth
The company faces risks related to its earnings quality and has experienced revenue declines. While Rimini Street recently reported profitability, this was significantly influenced by a one-time gain, raising questions about the sustainability of its recurring profitability and underlying earnings momentum. Historically, the company has seen negative average annual earnings growth, with forecasts indicating potential annualized earnings declines for the next few years. Rimini Street's revenue declined in recent periods (e.g., 2.4% year-over-year in Q1 2025 and 1.7% for fiscal year 2025 compared to 2024), and it has a history of accumulated losses. The planned wind-down of Oracle PeopleSoft support services represents a direct revenue headwind, further contributing to structural growth challenges in the legacy ERP support market.
AI Analysis | Feedback
The clear emerging threat to Rimini Street (RMNI) is the accelerating shift of enterprise customers from on-premise Oracle and SAP software to cloud-based enterprise solutions (SaaS).
Rimini Street's core business is providing third-party support for existing on-premise software versions. As companies increasingly migrate to SaaS platforms, the traditional need for this specific type of third-party support for legacy on-premise systems diminishes, as support for SaaS is typically integrated and managed by the cloud software vendor itself. This industry-wide transformation directly challenges Rimini Street's established value proposition and addressable market.
AI Analysis | Feedback
Rimini Street, Inc. operates within the addressable markets for third-party support and managed services for enterprise software, primarily focusing on Oracle and SAP products.
The company has identified its addressable market for support services for the products it covers as approximately $14.5 billion globally, as of May 2019. This includes an estimated $8.3 billion for Oracle support and $6.2 billion for SAP support. The total global addressable market (TAM) for support was estimated at $88 billion.
In addition, Rimini Street also addresses the Application Managed Services (AMS) market, which it estimated to be $14.7 billion globally as of May 2019. This includes $7.4 billion for SAP, $3.5 billion for Salesforce, and $3.8 billion for Oracle applications. The global TAM for AMS was estimated at $82 billion.
More broadly, the global market for third-party Enterprise Resource Planning (ERP) support was valued at approximately $4.2 billion in 2023 and is projected to reach $9.1 billion by 2031, growing at a Compound Annual Growth Rate (CAGR) of 12.0% during the forecast period from 2024 to 2031. Another estimate places the global market for third-party ERP support at $10.5 billion in 2024, with a projected CAGR of 8.9%, expecting it to reach $12.45 billion in 2026 and $17.51 billion in 2030.
AI Analysis | Feedback
Rimini Street (RMNI) anticipates several key drivers for future revenue growth over the next two to three years:
- Expansion of Global Alliances, Partnerships, and Channels: Rimini Street is significantly investing in and expanding its global alliances, partnerships, and channels initiatives. This strategy aims to generate a substantial sales pipeline and create sales leverage beyond its direct global sales force. A notable example is the go-to-market rollout and partnership with ServiceNow, where ServiceNow's 6,000 global sellers are being trained on Rimini Street's joint solutions.
- Launch and Growth of New AI-Driven Solutions: The company has formally launched and is seeing client adoption of its next-generation "Agentic AI ERP" and "Agentic UX" solutions. These offerings aim to deliver modern AI, workflow, and automation capabilities layered over existing ERP systems without requiring costly and risky upgrades or migrations. Rimini Street expects these new AI service offerings to fuel top and bottom-line growth, with full monetization projected to begin in 2026 after foundational use cases are established.
- New Client Acquisition and Sales Force Expansion: Rimini Street is focused on enhancing new logo acquisition and expanding its global quota-carrying sales team. The company reported adding 79 new logos in Q3 2025 and increased its global quota-carrying sellers to 82 from 73 year-over-year. This expansion aims to drive sales growth by increasing customer acquisition.
- Diversification into New Service Offerings: Beyond its core Oracle and SAP support, Rimini Street is expanding into new service areas. For instance, the company has surpassed 100 contracts signed for VMware support, indicating a successful diversification of its service portfolio.
- International Market Expansion and Industry-Specific Penetration: International clients currently represent a significant portion of Rimini Street's total revenue, with international operations contributing 53% in Q2 2025 and 55% in Q3 2025. The company is further building its go-to-market execution by industry, allowing it to sell more deeply into clients with specialized knowledge and solutions. SAP support, in particular, has been highlighted as a key international growth driver.
AI Analysis | Feedback
Share Repurchases
- Rimini Street's Board of Directors authorized a common stock repurchase plan of up to $15 million in February 2022, intended to be executed over the following two years.
- As of December 2025, the company had completed $13.3 million in common stock repurchases under a $50 million plan that was approved in February 2022 and extended through June 2029.
- During fiscal year 2025, Rimini Street repurchased approximately 1.9 million shares of common stock for approximately $7.6 million at an average price of $4.07 per share.
Share Issuance
- In March 2021, Rimini Street announced the pricing of an underwritten public offering of 7,750,000 shares of common stock at $7.75 per share, generating gross proceeds of approximately $60.0 million and net proceeds of approximately $57.0 million.
- The net proceeds from the March 2021 offering were intended for general corporate purposes, including potential financing transactions to reduce the cost of capital, working capital, and other business needs.
- In February 2026, 16,896 Performance Units were awarded to an EVP and Chief Recurring Revenue Officer, representing contingent rights to receive common stock under the 2025 Long-Term Incentive Plan, vesting in three equal installments starting March 2026.
Capital Expenditures
- Capital expenditures for Rimini Street were reported as $4.33 million in 2022, $7.21 million in 2023, and $3.38 million in 2024.
- In 2025, the company invested in the development and launch of new AI-based solutions.
Latest Trefis Analyses
| Title | |
|---|---|
| ARTICLES |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 186.22 |
| Mkt Cap | 114.9 |
| Rev LTM | 64,077 |
| Op Inc LTM | 11,323 |
| FCF LTM | 2,470 |
| FCF 3Y Avg | 2,001 |
| CFO LTM | 13,080 |
| CFO 3Y Avg | 10,929 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 7.3% |
| Rev Chg 3Y Avg | 4.5% |
| Rev Chg Q | 8.3% |
| QoQ Delta Rev Chg LTM | 2.0% |
| Op Inc Chg LTM | 9.3% |
| Op Inc Chg 3Y Avg | 5.5% |
| Op Mgn LTM | 15.8% |
| Op Mgn 3Y Avg | 15.5% |
| QoQ Delta Op Mgn LTM | 0.0% |
| CFO/Rev LTM | 18.1% |
| CFO/Rev 3Y Avg | 16.0% |
| FCF/Rev LTM | 11.5% |
| FCF/Rev 3Y Avg | 9.8% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 114.9 |
| P/S | 1.6 |
| P/Op Inc | 14.8 |
| P/EBIT | 10.7 |
| P/E | 15.0 |
| P/CFO | 9.5 |
| Total Yield | 9.0% |
| Dividend Yield | 0.8% |
| FCF Yield 3Y Avg | 5.3% |
| D/E | 0.2 |
| Net D/E | -0.0 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 5.9% |
| 3M Rtn | 15.4% |
| 6M Rtn | 10.5% |
| 12M Rtn | 27.9% |
| 3Y Rtn | -0.5% |
| 1M Excs Rtn | 0.7% |
| 3M Excs Rtn | 3.8% |
| 6M Excs Rtn | -3.0% |
| 12M Excs Rtn | 1.6% |
| 3Y Excs Rtn | -80.4% |
Comparison Analyses
Price Behavior
| Market Price | $4.27 | |
| Market Cap ($ Bil) | 0.4 | |
| First Trading Date | 10/11/2017 | |
| Distance from 52W High | -18.5% | |
| 50 Days | 200 Days | |
| DMA Price | $3.57 | $3.88 |
| DMA Trend | down | up |
| Distance from DMA | 19.7% | 10.2% |
| 3M | 1YR | |
| Volatility | 56.9% | 62.8% |
| Downside Capture | 195.49 | 190.40 |
| Upside Capture | 168.05 | 176.67 |
| Correlation (SPY) | 31.3% | 29.9% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 0.85 | 1.13 | 1.21 | 1.45 | 1.57 | 1.10 |
| Up Beta | -1.87 | -0.08 | 0.73 | 1.01 | 0.78 | 0.82 |
| Down Beta | 2.58 | 1.39 | 0.42 | 0.95 | 1.91 | 0.95 |
| Up Capture | 189% | 161% | 145% | 177% | 205% | 145% |
| Bmk +ve Days | 13 | 28 | 36 | 67 | 141 | 432 |
| Stock +ve Days | 9 | 21 | 27 | 51 | 112 | 346 |
| Down Capture | 29% | 262% | 176% | 172% | 148% | 109% |
| Bmk -ve Days | 7 | 13 | 27 | 57 | 109 | 318 |
| Stock -ve Days | 10 | 19 | 34 | 67 | 124 | 364 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with RMNI | |
|---|---|---|---|---|
| RMNI | 35.2% | 62.8% | 0.71 | - |
| Sector ETF (XLP) | 1.5% | 12.7% | -0.15 | -4.2% |
| Equity (SPY) | 30.5% | 11.8% | 1.95 | 30.3% |
| Gold (GLD) | 35.9% | 26.7% | 1.12 | -0.4% |
| Commodities (DBC) | 44.5% | 18.9% | 1.81 | -12.3% |
| Real Estate (VNQ) | 10.1% | 13.2% | 0.47 | 8.6% |
| Bitcoin (BTCUSD) | -32.2% | 41.6% | -0.82 | 18.4% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with RMNI | |
|---|---|---|---|---|
| RMNI | -8.7% | 65.5% | 0.14 | - |
| Sector ETF (XLP) | 5.6% | 13.3% | 0.20 | 11.7% |
| Equity (SPY) | 14.2% | 17.0% | 0.66 | 30.2% |
| Gold (GLD) | 18.3% | 18.0% | 0.83 | 2.1% |
| Commodities (DBC) | 10.4% | 19.4% | 0.42 | -1.0% |
| Real Estate (VNQ) | 2.9% | 18.8% | 0.06 | 25.4% |
| Bitcoin (BTCUSD) | 13.0% | 54.6% | 0.43 | 17.1% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with RMNI | |
|---|---|---|---|---|
| RMNI | -8.1% | 64.2% | 0.13 | - |
| Sector ETF (XLP) | 7.4% | 14.7% | 0.37 | 17.3% |
| Equity (SPY) | 15.9% | 17.9% | 0.76 | 32.2% |
| Gold (GLD) | 13.2% | 16.0% | 0.68 | 3.0% |
| Commodities (DBC) | 7.5% | 17.9% | 0.34 | 6.4% |
| Real Estate (VNQ) | 5.5% | 20.7% | 0.23 | 26.2% |
| Bitcoin (BTCUSD) | 66.0% | 66.9% | 1.05 | 13.8% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Updated 6/3/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 4/30/2026 | 18.8% | 15.5% | 25.2% |
| 2/19/2026 | 20.9% | 26.6% | 4.7% |
| 10/30/2025 | -14.2% | -16.8% | -18.1% |
| 7/31/2025 | -13.4% | -17.5% | -9.8% |
| 5/1/2025 | -7.6% | -5.4% | -17.2% |
| 2/27/2025 | 16.4% | 17.7% | 13.8% |
| 10/30/2024 | -5.9% | 11.8% | 32.5% |
| 7/31/2024 | -29.5% | -43.8% | -45.7% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 11 | 9 | 12 |
| # Negative | 13 | 15 | 12 |
| Median Positive | 16.4% | 17.7% | 21.6% |
| Median Negative | -12.7% | -12.7% | -17.6% |
| Max Positive | 26.3% | 30.9% | 48.9% |
| Max Negative | -29.5% | -43.8% | -46.8% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 03/31/2026 | 04/30/2026 | 10-Q |
| 12/31/2025 | 02/19/2026 | 10-K |
| 09/30/2025 | 10/30/2025 | 10-Q |
| 06/30/2025 | 07/31/2025 | 10-Q |
| 03/31/2025 | 05/01/2025 | 10-Q |
| 12/31/2024 | 02/27/2025 | 10-K |
| 09/30/2024 | 10/30/2024 | 10-Q |
| 06/30/2024 | 07/31/2024 | 10-Q |
| 03/31/2024 | 05/02/2024 | 10-Q |
| 12/31/2023 | 02/28/2024 | 10-K |
| 09/30/2023 | 11/01/2023 | 10-Q |
| 06/30/2023 | 08/02/2023 | 10-Q |
| 03/31/2023 | 05/03/2023 | 10-Q |
| 12/31/2022 | 03/01/2023 | 10-K |
| 09/30/2022 | 11/02/2022 | 10-Q |
| 06/30/2022 | 08/03/2022 | 10-Q |
Recent Forward Guidance
Updated 6/1/2026Latest: Q1 2026 Earnings Reported 4/30/2026
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q2 2026 Revenue | 106.00 Mil | 107.00 Mil | 108.00 Mil | 4.4% | Higher New | Guidance: 102.50 Mil for Q1 2026 | |
| 2026 Revenue Growth | 4.0% | 5.0% | 6.0% | 0 | 0 | Affirmed | Guidance: 5.0% for 2026 |
| 2026 Adjusted EBITDA Margin | 12.5% | 14.0% | 15.5% | 0 | 0 | Affirmed | Guidance: 14.0% for 2026 |
Insider Activity
Updated 5/8/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Perica, Michael L | EVP & Chief Financial Officer | Direct | Sell | 5082026 | 3.94 | 27,737 | 109,162 | 621,286 | Form |
| 2 | Ravin, Seth A | President, CEO & Chairman | Direct | Sell | 5082026 | 3.94 | 57,097 | 224,711 | 3,474,741 | Form |
| 3 | Rowe, David W | EVP & Chief Marketing Officer | Direct | Sell | 5082026 | 3.94 | 7,485 | 29,458 | 1,960,397 | Form |
| 4 | Maddock, Kevin | EVP,ChiefRecurringRev.Officer | Direct | Sell | 5082026 | 3.94 | 7,485 | 29,458 | 840,384 | Form |
| 5 | Lyskawa, Nancy | EVP & Chief Client Officer | Direct | Sell | 5082026 | 3.94 | 5,995 | 23,594 | 918,998 | Form |
Industry Resources
| Consumer Staples Resources |
| FoodNavigator |
| Consumer Goods Technology (CGT) |
| Beverage Digest |
| Tobacco Resources |
| Tobacco Reporter |
| Tobacco Journal International |
| CSP Daily News - Tobacco |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
Prefer one of these to Trefis? Tell us why.