Reading International, Inc (RDI) AI Stock Analysis

Reading International, Inc. and its subsidiaries focus on owning, developing, and operating entertainment and real estate assets across the United States, Australia, and New Zealand. The company operates through two primary segments: Cinema Exhibition and Real Estate. Under the Cinema Exhibition segment, it runs multiplex cinemas under brands such as Reading Cinemas, Angelika Film Center, Consolidated Theatres, State Cinema, Event Cinemas, and Rialto Cinemas. In the Real Estate segment, Reading International engages in the development, leasing, and licensing of retail, commercial, and live theater properties, managing entertainment-themed centers, office buildings, and a portfolio of developed and undeveloped properties.

Reading International expanded revenue from $139.1M in FY2021 to $222.7M in FY2023, before revenue contracted 5.5% in FY2024 to $210.5M and 3.6% in FY2025 to $203.0M. Gross margin improved from 4.4% in FY2021 to 13.4% in FY2025, while operating margin rose from -30.1% to -2.6%. The company posted net losses across FY2022 through FY2025, recording net income of -$14.1M and an EPS of -$0.62 in FY2025. Over the trailing twelve months, revenue was $214.5M with an operating margin of 11.2% and a profit margin of -5.9%. For the quarter ended June 30, 2026, quarterly revenue grew 10.8% year-over-year, while quarterly earnings declined 29.0%.

As of June 30, 2026, Reading International held $5.7M in cash and short-term investments against total debt of $357.2M, leaving net debt at $351.5M. Total assets stood at $429.4M, with negative shareholders' equity of -$23.3M and a current ratio of 0.23. Operating cash flow improved from -$26.4M in FY2022 to -$1.6M in FY2025, while free cash flow was -$2.9M. In FY2025, capital expenditures were $1.3M, and the 5-year share count increased by 9.3%.

RDI has a market capitalization of $39.6M and an enterprise value of $421.4M. The stock trades at a forward P/E of 9.4x, below the 14.1x median of its US-listed Communication Services peers. Its price-to-sales multiple of 0.2x is below the peer median of 0.8x, while its EV to EBITDA multiple of 20.9x is above the peer median of 10.0x. Over the past year, RDI generated a 21.0% return compared to 16.8% for the S&P 500, but its 5-year return of -65.3% lagged the index return of 83.0%.

One analyst covers the company for the next fiscal year. The mean price target is $2.00, representing a 15.6% upside to the October 16, 2026 close of $1.73. The EPS estimate for the fiscal year ending December 31, 2026, is -$0.19, reflecting projected EPS growth of 69.1%. For the next fiscal year, consensus estimates forecast an EPS of $0.06 and revenue of $243.1M. Reading International beat EPS estimates in 1 of the last 4 quarters, and its next earnings date is November 13, 2026.

This page is an AI-written research summary of Reading International, Inc (RDI). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: RDI income statement, RDI balance sheet, RDI key metrics, RDI analyst forecast, RDI chart. See the RDI stock overview for the latest quote and news.