Reis Inc. (NASDAQ:REIS) – Research analysts at B. Riley raised their Q2 2017 earnings estimates for shares of Reis in a research report issued on Wednesday. B. Riley analyst I. Corydon now anticipates that the firm will post earnings of $0.10 per share for the quarter, up from their previous forecast of $0.07. B. Riley has a “Buy” rating and a $28.00 price objective on the stock. B. Riley also issued estimates for Reis’ Q3 2018 earnings at $0.13 EPS.

Earnings History and Estimates for Reis (NASDAQ:REIS)

Other analysts also recently issued reports about the company. Zacks Investment Research downgraded Reis from a “hold” rating to a “sell” rating in a research report on Friday. TheStreet downgraded Reis from a “buy” rating to a “hold” rating in a research report on Friday, August 19th.

Reis (NASDAQ:REIS) opened at 22.50 on Friday. Reis has a 52 week low of $18.16 and a 52 week high of $26.59. The company has a market cap of $254.27 million, a PE ratio of 41.06 and a beta of 1.06. The company has a 50-day moving average of $20.50 and a 200-day moving average of $22.36.

A number of hedge funds have recently added to or reduced their stakes in REIS. American International Group Inc. raised its stake in Reis by 0.8% in the second quarter. American International Group Inc. now owns 5,034 shares of the company’s stock worth $125,000 after buying an additional 41 shares during the last quarter. BlackRock Advisors LLC raised its stake in Reis by 1.4% in the second quarter. BlackRock Advisors LLC now owns 4,413 shares of the company’s stock worth $110,000 after buying an additional 59 shares during the last quarter. California State Teachers Retirement System raised its stake in Reis by 1.1% in the third quarter. California State Teachers Retirement System now owns 18,538 shares of the company’s stock worth $379,000 after buying an additional 200 shares during the last quarter. Rhumbline Advisers raised its stake in Reis by 2.6% in the third quarter. Rhumbline Advisers now owns 12,028 shares of the company’s stock worth $246,000 after buying an additional 300 shares during the last quarter. Finally, Panagora Asset Management Inc. raised its stake in Reis by 6.8% in the second quarter. Panagora Asset Management Inc. now owns 12,792 shares of the company’s stock worth $319,000 after buying an additional 818 shares during the last quarter. Institutional investors and hedge funds own 59.43% of the company’s stock.

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.

5 Day Chart for NASDAQ:REIS

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