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Last $21.75 USD
Change Today +0.04 / 0.18%
Volume 26.4K
REIS On Other Exchanges
Symbol
Exchange
NASDAQ GS
Frankfurt
As of 5:20 PM 06/2/15 All times are local (Market data is delayed by at least 15 minutes).

reis inc (REIS) Snapshot

Open
$21.54
Previous Close
$21.71
Day High
$21.76
Day Low
$21.41
52 Week High
10/2/14 - $28.82
52 Week Low
06/3/14 - $17.90
Market Cap
244.2M
Average Volume 10 Days
23.5K
EPS TTM
$0.41
Shares Outstanding
11.2M
EX-Date
06/8/15
P/E TM
53.0x
Dividend
$0.56
Dividend Yield
2.16%
Current Stock Chart for REIS INC (REIS)

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reis inc (REIS) Details

Reis, Inc., through its subsidiary, Reis Services, provides commercial real estate market information and analytical tools to real estate professionals in the United States. It maintains a proprietary database containing information on commercial properties, such as apartment, office, retail, warehouse/distribution, flex/research and development, self storage, and seniors housing properties in the metropolitan markets and neighborhoods. The company’s data is used by real estate investors, lenders, and other professionals to make informed buying, selling, and financing decisions; and debt and equity investors to assess, quantify, and manage the risks of default and loss associated with individual mortgages, properties, portfolios, and real estate backed securities. Its product portfolio features Reis SE, a flagship delivery platform aimed at larger and mid-sized enterprises; ReisReports, aimed at prosumers and smaller enterprises; and Mobiuss Portfolio CRE, aimed primarily at risk managers and credit administrators at banks and non-bank lending institutions. The company’s products provide online access to a proprietary database of commercial real estate information and analytical tools designed to facilitate debt and equity transactions, and ongoing asset and portfolio evaluations; and access to market trends and forecasts at metropolitan and neighborhood levels, as well as building-specific information, including rents, vacancy rates, lease terms, property sales, new construction listings, and property valuation estimates. It serves lending institutions, equity investors, brokers, and appraisers. The company was formerly known as Wellsford Real Properties, Inc. and changed its name to Reis, Inc. in May 2007. Reis, Inc. was founded in 1980 and is headquartered in New York, New York.

205 Employees
Last Reported Date: 03/5/15
Founded in 1980

reis inc (REIS) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $450.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $300.0K
President of Reis Services LLC and Chief Oper...
Total Annual Compensation: $341.0K
Executive Vice President, Corporate Secretary...
Total Annual Compensation: $415.0K
Compensation as of Fiscal Year 2014.

reis inc (REIS) Key Developments

Reis Announces Quarterly Dividend, Payable on June 17, 2015

Reis announced that it will pay a quarterly dividend on its common stock of $0.14 per share on June 17, 2015 to shareholders of record on June 10, 2015.

Reis, Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015; Provides Revenue Guidance for the Year 2015

Reis, Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. Consolidated subscription revenue was $11,130,778 for the three months ended March 31, 2015, as compared to $9,946,045 for the three months ended March 31, 2014, an increase of 11.9%. Reis Services EBITDA was $4,594,000 during the first quarter of 2015, an increase of $528,000, or 13.0%, over the first quarter 2014 amount of $4,066,000. Income from continuing operations was $1,293,370, or $0.12 per basic share and $0.11 per diluted share, for the three months ended March 31, 2015. This is a 23.5% increase over income from continuing operations for the three months ended March 31, 2014 of $1,046,980, or $0.10 per basic share and $0.09 per diluted share. Net income was $1,222,016, or $0.11 per basic share and $0.10 per diluted share, for the three months ended March 31, 2015. This is an 82.6% increase over the reported net income for the three months ended March 31, 2014 of $669,102, or $0.06 per basic and diluted share. Income before income taxes and discontinued operations was $2,087,370 against $1,651,980 a year ago. Consolidated Adjusted EBITDA was $3,881,000 for the first quarter of 2015, an increase of 15.6% over the first quarter of 2014 with margin expansion to 34.9% from 33.8%. Net cash generation of $3,621,000 in the quarter. The company expects that its revenue growth will increase on a quarterly basis over the course of the year to arrive at an annual growth rate in the low to mid teens for 2015. CapEx will probably increase a little bit over the course of the year. So it will fall somewhere between $4 million and $5 million over the course of the year off of the $1.1 million that the company booked so far in the first quarter.

Reis Seeks Acquisitions

Reis, Inc. (NasdaqGS:REIS) announced an offering of common stocks. It said, "Unless otherwise indicated in an accompanying prospectus supplement, the net proceeds from the sale of our common stock offered pursuant to this prospectus will be used for general corporate purposes, which may include working capital, capital expenditures or acquisitions. Our management will retain broad discretion in the allocation of the net proceeds."

 

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Industry Analysis

REIS

Industry Average

Valuation REIS Industry Range
Price/Earnings 52.0x
Price/Sales 5.7x
Price/Book 2.5x
Price/Cash Flow 53.0x
TEV/Sales 5.2x
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