Rockwell Medical, Inc. (RMTI)

NASDAQ: RMTI · Real-Time Price · USD
1.770
-0.030 (-1.67%)
At close: Feb 21, 2025, 4:00 PM
1.800
+0.030 (1.69%)
After-hours: Feb 21, 2025, 5:01 PM EST
-1.67%
Market Cap 57.20M
Revenue (ttm) 98.92M
Net Income (ttm) -1.43M
Shares Out 32.32M
EPS (ttm) -0.05
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 239,236
Open 1.799
Previous Close 1.800
Day's Range 1.750 - 1.830
52-Week Range 1.230 - 5.150
Beta 1.39
Analysts Strong Buy
Price Target 6.00 (+238.98%)
Earnings Date Mar 20, 2025

About RMTI

Rockwell Medical, Inc., together with its subsidiaries, operates as a healthcare company that engages in the development, manufacture, commercialization, and distribution of various hemodialysis products for dialysis providers worldwide. Also, the company manufactures, sells, delivers, and distributes hemodialysis concentrates, such as CitraPure citric acid concentrate, Dri-Sate dry acid concentrate, RenalPure liquid acid concentrate, dry acid concentrate mixer, and RenalPure and SteriLyte powder bicarbonate concentrate; and ancillary products,... [Read more]

Sector Healthcare
IPO Date Jan 27, 1998
Employees 237
Stock Exchange NASDAQ
Ticker Symbol RMTI
Full Company Profile

Financial Performance

In 2023, Rockwell Medical's revenue was $83.61 million, an increase of 14.84% compared to the previous year's $72.81 million. Losses were -$8.59 million, -54.02% less than in 2022.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for RMTI stock is "Strong Buy." The 12-month stock price forecast is $6.0, which is an increase of 238.98% from the latest price.

Price Target
$6.0
(238.98% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Rockwell Medical to Release Fourth Quarter and Full-Year 2024 Results on Thursday, March 20, 2025

WIXOM, Mich.--(BUSINESS WIRE)---- $RMTI #EndStageKidneyDisease--Rockwell Medical will release its results for the fourth quarter and full-year ended December 31, 2024 on Thursday, March 20, 2025.

2 days ago - Business Wire

Rockwell Medical Adds Single-Use Bicarbonate Cartridge to Hemodialysis Concentrates Product Portfolio

WIXOM, Mich.--(BUSINESS WIRE)---- $RMTI #EndStageKidneyDisease--Rockwell Medical adds a 510k approved single-use bicarbonate cartridge--in two sizes, 720g and 900g--to its hemodialysis concentrates po...

18 days ago - Business Wire

Rockwell Medical Enters into a Multi-Year Product Purchase Agreement with the World's Leading Provider of Dialysis Products and Services

WIXOM, Mich.--(BUSINESS WIRE)---- $RMTI #EndStageKidneyDisease--Rockwell Medical is the leading supplier of liquid bicarbonate in the United States.

2 months ago - Business Wire

UPDATE: Kellner Group Urges Stockholders of AIM Immunotech to Vote Gold Card

Incumbent Board has Destroyed Stockholder Value and Imperiled AIM's Future through Breaches of Fiduciary Duty and Bad Faith Actions

2 months ago - GlobeNewsWire

Kellner Group Urges Stockholders of AIM Immunotech to Vote Gold Card

Incumbent Board has Destroyed Stockholder Value and Imperiled AIM's Future through Breaches of Fiduciary Duty and Bad Faith Actions

2 months ago - GlobeNewsWire

Rockwell Medical Promotes Jesse Neri to Chief Financial Officer

WIXOM, Mich.--(BUSINESS WIRE)---- $RMTI #EndStageKidneyDisease--Jesse Neri has been instrumental in strengthening Rockwell Medical's financial infrastructure and developing a stronger financial organi...

2 months ago - Business Wire

Rockwell Medical Partners with HydroCare to Distribute and Install its Dry Acid Concentrate Mix System

WIXOM, Mich.--(BUSINESS WIRE)---- $RMTI #EndStageKidneyDisease--Rockwell Medical's DAMX45 dry acid concentrate mix system is 510(k) approved to be used exclusively with the Company's dry acid concentr...

2 months ago - Business Wire

Rockwell Medical Expands Distribution in the Philippines

WIXOM, Mich.--(BUSINESS WIRE)---- $RMTI #EndStageKidneyDisease--Rockwell Medical will be the exclusive supplier of all dry hemodialysis concentrates products to Nephro Group.

3 months ago - Business Wire

Rockwell Medical's Dip Gives A Speculative Opportunity

Despite a 39% stock drop yesterday, Rockwell Medical's strong Q3 results and upcoming catalyst provide a solid buying opportunity for risk-takers. The stock's dip was due to reduced orders from its la...

3 months ago - Seeking Alpha

Rockwell Medical, Inc. (RMTI) Q3 2024 Earnings Call Transcript

Rockwell Medical, Inc. (NASDAQ:RMTI) Q3 2024 Earnings Conference Call November 12, 2024 8:00 AM ET Company Participants Heather Hunter - Senior Vice President & Chief Corporate Affairs Officer Mark S...

3 months ago - Seeking Alpha

Rockwell Medical Reports Third Quarter 2024 Earnings, Generates Profitability on a Cash Flow and Adjusted EBITDA Basis for the Second Consecutive Quarter

WIXOM, Mich.--(BUSINESS WIRE)---- $RMTI #EndStageKidneyDisease--Rockwell Medical today announced financial and operational results for the three and nine months ended September 30, 2024.

3 months ago - Business Wire

Rockwell Medical Announces Date Change for Third Quarter 2024 Earnings Conference Call and Webcast

WIXOM, Mich.--(BUSINESS WIRE)---- $RMTI #EndStageKidneyDisease--UPDATED Q3'24 EARNINGS DATE: Rockwell Medical will release its third quarter 2024 financial and operational results on November 12, 2024...

3 months ago - Business Wire

Rockwell Medical to Release Third Quarter 2024 Results on Monday, November 11, 2024

WIXOM, Mich.--(BUSINESS WIRE)---- $RMTI #EndStageKidneyDisease--Rockwell Medical will release its financial and operational results for the third quarter ended September 30, 2024 on Monday, November 1...

4 months ago - Business Wire

Rockwell Medical Named a Fortune 'Best Workplaces in Manufacturing & Production'

WIXOM, Mich.--(BUSINESS WIRE)---- $RMTI #EndStageKidneyDisease--Great Place to Work and Fortune magazine selected Rockwell Medical for the 2024 Fortune Best Workplaces in Manufacturing and Production ...

5 months ago - Business Wire

Rockwell Medical: The Turnaround Is Looking Real

Rockwell develop concentrates for hemodialysis, which is a process that seeks to artificially replace kidney function in patients with chronic failure. Despite being a critical product, there's curren...

5 months ago - Seeking Alpha

Rockwell Medical Announces Product Purchase Agreement with Leading At-Home and Acute Care Dialysis Provider

WIXOM, Mich.--(BUSINESS WIRE)---- $RMTI #EndStageKidneyDisease--Rockwell Medical announces a product purchase agreement with the leading at-home and acute care dialysis provider in the United States.

5 months ago - Business Wire

Rockwell Medical, Inc. (RMTI) Q2 2024 Earnings Call Transcript

Rockwell Medical, Inc. (RMTI) Q2 2024 Earnings Call Transcript

7 months ago - Seeking Alpha

Rockwell Medical Reports Profitability on a Cash Flow and Adjusted EBITDA Basis in the Second Quarter of 2024

WIXOM, Mich.--(BUSINESS WIRE)---- $RMTI #EndStageKidneyDisease--Rockwell Medical today announced financial and operational results for the three and six months ended June 30, 2024.

7 months ago - Business Wire

Rockwell Medical Launches Convenience Pack to Support Home Hemodialysis and Acute Dialysis Facilities

WIXOM, Mich.--(BUSINESS WIRE)---- $RMTI #EndStageKidneyDisease--Rockwell Medical's Convenience Pack offers a number of advantages for home hemodialysis patients and acute care dialysis facilities.

7 months ago - Business Wire

Rockwell Medical Looks Like A Speculative Buy As It Approaches Profitability

Rockwell is a microcap manufacturer of hemodialysis concentrates for kidney failure patients, trading at under 1x full-year 2023 revenue. The company has a significant market opportunity with the grow...

7 months ago - Seeking Alpha

Rockwell Medical to Present at the H.C. Wainwright 3rd Annual Kidney Virtual Conference

WIXOM, Mich.--(BUSINESS WIRE)---- $RMTI #EndStageKidneyDisease--Rockwell Medical's president and CEO, Dr. Mark Strobeck, to present at the H.C. Wainwright 3rd Annual Kidney Conference.

7 months ago - Business Wire

Rockwell Medical to Release Second Quarter 2024 Results on Thursday, August 8, 2024

WIXOM, Mich.--(BUSINESS WIRE)---- $RMTI #EndStageKidneyDisease--Rockwell Medical will release its financial and operational results for the second quarter ended June 30, 2024 on Thursday, August 8, 20...

8 months ago - Business Wire

Rockwell Medical Promotes Tim Chole to Chief Commercial Officer

WIXOM, Mich.--(BUSINESS WIRE)---- $RMTI #EndStageKidneyDisease--Mr. Chole has played a key role in helping Rockwell Medical increase its market share and broaden its product portfolio.

9 months ago - Business Wire

Rockwell Medical, Inc. (RMTI) Q1 2024 Earnings Call Transcript

Rockwell Medical, Inc. (NASDAQ:RMTI) Q1 2024 Earnings Conference Call May 14, 2024 8:00 AM ET Company Participants Heather Hunter - Senior Vice President, Chief Corporate Affairs Officer Mark Strobec...

10 months ago - Seeking Alpha

Rockwell Medical Announces First Quarter 2024 Results, Raises 2024 Guidance

WIXOM, Mich.--(BUSINESS WIRE)---- $RMTI #EndStageKidneyDisease--Rockwell Medical (Nasdaq: RMTI) today announced financial and operational results for the three months ended March 31, 2024.

10 months ago - Business Wire