Rockwell Medical, Inc. (RMTI)

NASDAQ: RMTI · Real-Time Price · USD
2.160
-0.080 (-3.57%)
Dec 3, 2024, 12:04 PM EST - Market open
-3.57%
Market Cap 69.81M
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 509,079
Open 2.240
Previous Close 2.240
Day's Range 2.145 - 2.240
52-Week Range 1.160 - 5.150
Beta 1.37
Analysts Strong Buy
Price Target 6.00 (+177.78%)
Earnings Date Nov 12, 2024

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 177.78% from the latest price.

Price Target
$6.0
(177.78% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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.

14 days 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...

20 days 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...

21 days 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.

21 days 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...

25 days 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...

7 weeks 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 ...

2 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...

2 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.

3 months ago - Business Wire

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

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

4 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.

4 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.

4 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...

4 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.

5 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...

5 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.

6 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...

7 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.

7 months ago - Business Wire

Rockwell Medical Continues to Expand its Distribution Capabilities in Western United States

WIXOM, Mich.--(BUSINESS WIRE)---- $RMTI #EndStageKidneyDisease--Rockwell Medical enters into a new direct supply agreement with one of the largest health systems in the Mountain West Region of the Uni...

8 months ago - Business Wire

Rockwell Medical to Release First Quarter 2024 Results on Tuesday, May 14, 2024

WIXOM, Mich.--(BUSINESS WIRE)---- $RMTI #EndStageKidneyDisease--Rockwell Medical will release its financial and operational results for the first quarter ended March 31, 2024 on Tuesday, May 14, 2024.

8 months ago - Business Wire

Rockwell Medical Expands Global Distribution in the Dominican Republic and Bermuda

WIXOM, Mich.--(BUSINESS WIRE)---- $RMTI #EndStageKidneyDisease--Rockwell Medical enters into new and expanded distribution agreements with BioNuclear and Atlantic Medical International, respectively.

8 months ago - Business Wire

Rockwell Medical Named 'Great Place to Work' for Second Year in a Row

WIXOM, Mich.--(BUSINESS WIRE)---- $RMTI #EndStageKidneyDisease--Rockwell Medical today announced that it has been certified as a Great Place to Work® for the second year in a row.

9 months ago - Business Wire

Rockwell Medical, Inc. (RMTI) Q4 2023 Earnings Call Transcript

Rockwell Medical, Inc. (RMTI) Q4 2023 Earnings Call Transcript

9 months ago - Seeking Alpha

Rockwell Medical Achieves Profitability on an Adjusted EBITDA Basis in the Fourth Quarter 2023 and Record Net Sales, Gross Profit and Gross Margin for the Full-Year 2023

WIXOM, Mich.--(BUSINESS WIRE)---- $RMTI #EndStageKidneyDisease--Rockwell Medical, Inc. (the "Company") (Nasdaq: RMTI), a healthcare company that develops, manufactures, commercializes, and distributes...

9 months ago - Business Wire

Rockwell Medical to Release Fourth Quarter and Full-Year 2023 Results on Thursday, March 21, 2024

WIXOM, Mich.--(BUSINESS WIRE)---- $RMTI #EndStageKidneyDisease--Rockwell Medical will release its results for the fourth quarter and full-year ended December 31, 2023 on Thursday, March 21, 2024.

10 months ago - Business Wire