Red Violet, Inc. (RDVT)

NASDAQ: RDVT · Real-Time Price · USD
35.01
-0.19 (-0.54%)
Nov 20, 2024, 4:00 PM EST - Market closed
-0.54%
Market Cap 482.85M
Revenue (ttm) 70.69M
Net Income (ttm) 5.07M
Shares Out 13.79M
EPS (ttm) 0.36
PE Ratio 98.05
Forward PE 39.90
Dividend n/a
Ex-Dividend Date n/a
Volume 53,634
Open 35.08
Previous Close 35.20
Day's Range 34.62 - 35.21
52-Week Range 16.56 - 35.74
Beta 1.46
Analysts Strong Buy
Price Target 25.00 (-28.59%)
Earnings Date Nov 6, 2024

About RDVT

Red Violet, Inc., a software and services company, specializes in proprietary technologies and applying analytical capabilities to deliver identity intelligence in the United States. It offers idiCORE, an investigative solution used to address various organizational challenges, which include due diligence, risk mitigation, identity authentication, fraud detection and prevention, customer acquisition, and regulatory compliance; and FOREWARN, an app-based solution that provides instant knowledge before face-to-face engagement with a consumer, as ... [Read more]

Sector Technology
Founded 2017
Employees 183
Stock Exchange NASDAQ
Ticker Symbol RDVT
Full Company Profile

Financial Performance

In 2023, Red Violet's revenue was $60.20 million, an increase of 12.91% compared to the previous year's $53.32 million. Earnings were $13.53 million, an increase of 2096.27%.

Financial Statements

Analyst Forecast

According to one analyst, the rating for RDVT stock is "Strong Buy" and the 12-month stock price forecast is $25.0.

Price Target
$25.0
(-28.59% downside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Red Violet Q3 Earnings: Margin Growth Leaves Room For Further Upside

Red Violet shares have doubled since my initial recommendation following solid progress in the underlying business. Revenue was up 20% in Q3, with adjusted EBITDA margins rising to 35%, demonstrating ...

20 hours ago - Seeking Alpha

FOREWARN Partners with MetroTex Association of REALTORS®

The 5th largest local REALTOR® Association in the United States contracts to make FOREWARN services available for its 25,000+ real estate professional members to promote proactive agent safety The 5th...

8 days ago - GlobeNewsWire

Red Violet, Inc. (RDVT) Q3 2024 Earnings Call Transcript

Red Violet, Inc. (RDVT) Q3 2024 Earnings Call Transcript

14 days ago - Seeking Alpha

red violet to Participate in the Southwest IDEAS Investor Conference

BOCA RATON, Fla., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Red Violet, Inc. (NASDAQ: RDVT), a leading analytics and information solutions provider, today announced that it will participate in the Southwest I...

14 days ago - GlobeNewsWire

FOREWARN Partners with New Hampshire Association of REALTORS®

New Hampshire Association of REALTORS® contracts to make FOREWARN services available for its 6,500+ real estate professional members to promote proactive agent safety New Hampshire Association of REAL...

4 weeks ago - GlobeNewsWire

FOREWARN Partners with Howard County Association of REALTORS®

Maryland-based Association contracts to make FOREWARN services available for its 2,000+ real estate professional members to promote proactive agent safety Maryland-based Association contracts to make ...

2 months ago - GlobeNewsWire

REPEAT -- IDI Now Available on Carahsoft's GSA Schedule

BOCA RATON, Fla., Aug. 13, 2024 (GLOBE NEWSWIRE) -- Interactive Data, LLC (“IDI”), a red violet company (NASDAQ: RDVT), and trailblazer in identity verification and risk mitigation, today announced it...

3 months ago - GlobeNewsWire

IDI Now Available on Carahsoft's GSA Schedule

BOCA RATON, Fla., Aug. 13, 2024 (GLOBE NEWSWIRE) -- Interactive Data, LLC (“IDI”), a red violet company (NASDAQ: RDVT), and trailblazer in identity verification and risk mitigation, today announced it...

3 months ago - GlobeNewsWire

Red Violet: Growth Accelerates As The Company Moves Upmarket

Adjusted for one-time impacts, revenue growth accelerated year over year to 23% in Q2. The corresponding EBITDA margin achieved was 32% as the company leverages its largely fixed cost base. I raise my...

3 months ago - Seeking Alpha

Red Violet, Inc. (RDVT) Q2 2024 Earnings Call Transcript

Red Violet, Inc. (NASDAQ:RDVT) Q2 2024 Earnings Conference Call August 7, 2024 4:30 PM ET Company Participants Camilo Ramirez - Senior Vice President of Finance and Investor Relations Derek Dubner - ...

3 months ago - Seeking Alpha

red violet to Participate in the Midwest IDEAS Investor Conference

BOCA RATON, Fla., Aug. 08, 2024 (GLOBE NEWSWIRE) -- Red Violet, Inc. (NASDAQ: RDVT), a leading analytics and information solutions provider, today announced that it will participate in the Midwest IDE...

3 months ago - GlobeNewsWire

red violet Announces Second Quarter 2024 Financial Results

Revenue Increases 30% to a Record $19.1 Million, Generating GAAP EPS of $0.19 Revenue Increases 30% to a Record $19.1 Million, Generating GAAP EPS of $0.19

3 months ago - GlobeNewsWire

red violet to Participate in the East Coast IDEAS Investor Conference

BOCA RATON, Fla., June 06, 2024 (GLOBE NEWSWIRE) -- Red Violet, Inc. (NASDAQ: RDVT), a leading analytics and information solutions provider, today announced that it will participate in the East Coast ...

5 months ago - GlobeNewsWire

FOREWARN Partners with Tucson Association of REALTORS®

The largest trade association in Southern Arizona makes FOREWARN services available for its 5,700+ real estate professional members to promote proactive agent safety The largest trade association in S...

6 months ago - GlobeNewsWire

FOREWARN Partners with Santa Barbara Multiple Listing Service

California-based MLS contracts to make FOREWARN services available for its 1,700+ real estate professional members to promote proactive agent safety California-based MLS contracts to make FOREWARN ser...

6 months ago - GlobeNewsWire

FOREWARN Partners with Park City Multiple Listing Service

Utah-based MLS contracts to make FOREWARN services available for its 1,700+ real estate professional members to promote proactive agent safety Utah-based MLS contracts to make FOREWARN services availa...

6 months ago - GlobeNewsWire

red violet to Present at the B. Riley 24th Annual Institutional Investor Conference

BOCA RATON, Fla., May 09, 2024 (GLOBE NEWSWIRE) -- Red Violet, Inc. (NASDAQ: RDVT), a leading analytics and information solutions provider, today announced that it will present at the B. Riley 24th An...

6 months ago - GlobeNewsWire

Red Violet, Inc. (RDVT) Q1 2024 Earnings Call Transcript

Red Violet, Inc. (NASDAQ:RDVT) Q1 2024 Earnings Conference Call May 8, 2024 4:30 PM ET Company Participants Camilo Ramirez - Vice President of Finance & Investor Relations Derek Dubner - Chairman & C...

7 months ago - Seeking Alpha

red violet Announces First Quarter 2024 Financial Results

BOCA RATON, Fla., May 08, 2024 (GLOBE NEWSWIRE) -- Red Violet, Inc. (NASDAQ: RDVT), a leading analytics and information solutions provider, today announced financial results for the quarter ended Marc...

7 months ago - GlobeNewsWire

Red Violet: A Broad Spectrum Of Opportunities On The Horizon

Red Violet's stock has sold off recently, even though the underlying business has been performing well. In addition to a 15% growth in revenue, profitability is expected to grow even faster due to its...

7 months ago - Seeking Alpha

FOREWARN Partners with Greater Metropolitan Association of REALTORS®

The largest Association in the state of Michigan makes FOREWARN services available for its 7,500+ real estate professional members to promote proactive agent safety The largest Association in the stat...

7 months ago - GlobeNewsWire

7 Microcaps To Buy Ahead Of Possible Russell 2000 Inclusion

Microcaps that get added to the Russell 2000 generally see forced buying from index ETFs and mutual funds. The Russell inclusion for 2024 will add stocks to the index with market caps around $184 mill...

7 months ago - Seeking Alpha

FOREWARN Partners with Austin Board of REALTORS®

One of the largest Associations in the state of Texas contracts to make FOREWARN services available for its 16,000+ real estate professional members to promote proactive agent safety One of the larges...

9 months ago - GlobeNewsWire

Red Violet, Inc. (RDVT) Q4 2023 Earnings Call Transcript

Red Violet, Inc. (NASDAQ:RDVT) Q4 2023 Earnings Conference Call March 7, 2024 4:30 PM ET Company Participants Camilo Ramirez - Vice President of Finance and IR Derek Dubner - Chairman and Chief Execu...

9 months ago - Seeking Alpha

red violet Announces Fourth Quarter and Full Year 2023 Financial Results

Fourth Quarter Revenue Increased 15% to $15.1 Million Producing $4.2 Million of Cash Flow from Operations Full Year 2023 Revenue Increased 13% to $60.2 Million Generating Net Income of $13.5 Million B...

9 months ago - GlobeNewsWire