An analyst sees good growth prospects for B. Riley Financial Inc (RILY)

With 1.18 million shares changed hands, the volume of the stock remained lighter than its average volume of 3.49 million shares. During the session, the Financial Conglomerates company that operates in wider Financial sector, reached to the highest price of $5.02 whereas the lowest price it dropped to was $4.61. The 52-week range on RILY shows that it touched its highest point at $40.09 and its lowest point at $4.07 during that stretch. With its current market cap of 140.61 million, RILY has annualized dividend of $2.00 while the current yield stands at 42.37%. RILY paid its most recent dividend on 1716422400, while the ex-dividend date for that was 1716508800. Beta for the stock currently stands at 1.20.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of RILY was down-trending over the past week, with a drop of -9.58%, but this was down by -20.94% over a month. Three-month performance dropped to -14.34% while six-month performance fell -83.39%. The stock lost -80.56% in the past year, while it has lost -77.51% so far this year.

Float and Shares Shorts:

At present, 29.94 million RILY shares are outstanding with a float of 15.55 million shares on hand for trading. On 2024-10-31, short shares totaled 9.37 million, which was 3094.0 higher than short shares on 1727654400. In addition to Mr. Bryant Richard Riley as the firm’s Co-Founder, Chairman & Co-CEO, Mr. Thomas J. Kelleher serves as its Co-Founder, Co-CEO & Director.

Institutional Ownership:

Through their ownership of 0.27461 of RILY’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-03-31, RILY reported revenue of $343032000.0 and operating income of -$2640000.0. The EBITDA in the recently reported quarter was $9162000.0 and diluted EPS was -$1.71.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for RILY since 1 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.