Reis (REIS) Getting Somewhat Favorable Press Coverage, Analysis Finds
News stories about Reis (NASDAQ:REIS) have been trending somewhat positive recently, according to Accern. The research firm scores the sentiment of news coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded 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 0.06 on Accern’s scale. Accern also assigned news headlines about the business services provider an impact score of 44.7294146705988 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Reis (NASDAQ REIS) traded up $0.20 on Friday, reaching $19.10. The company’s stock had a trading volume of 14,851 shares, compared to its average volume of 18,096. The stock has a market cap of $219.04, a P/E ratio of 191.00 and a beta of 1.14. Reis has a 12-month low of $15.95 and a 12-month high of $22.22.
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 14th. Shareholders of record on Wednesday, March 7th will be paid a dividend of $0.19 per share. The ex-dividend date of this dividend is Tuesday, March 6th. This is an increase from Reis’s previous quarterly dividend of $0.17. This represents a $0.76 annualized dividend and a yield of 3.98%. Reis’s dividend payout ratio is currently 680.00%.
In other news, insider Jonathan Garfield sold 5,801 shares of the stock in a transaction that occurred on Wednesday, February 14th. The stock was sold at an average price of $17.63, for a total transaction of $102,271.63. Following the completion of the transaction, the insider now directly owns 883,620 shares of the company’s stock, valued at approximately $15,578,220.60. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Lloyd Lynford sold 6,746 shares of the stock in a transaction that occurred on Wednesday, February 14th. The stock was sold at an average price of $17.55, for a total value of $118,392.30. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 33,785 shares of company stock valued at $624,486. 21.60% of the stock is owned by company 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.
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