The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Riot Blockchain, Inc. (RIOT) Related Stocks - discover similar stocks, compare dividends and return. Please enter your password to sign in. Riot Blockchain Announces Production and Operations Updates and Purchase of Bitmain S19j Antminers for October 2021 Delivery . You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. RIOT is trading at a significant discount to its peers. The company's portfolio consists of Verady, Tes, Stockhouse.com is owned by Stockhouse Publishing Ltd. © 2019 Stockhouse Publishing Ltd. All rights reserved. Riot Blockchain Announces Financial Highlights for the Fourth-Quarter & Full-Year Ended 2020 and Full-Year 2020 Operating Highlights and Financial Results . Apr. However, Riot Blockchain is trading around $55 a share, so it’s a reasonably-priced investment for most. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Please note that any opinions, estimates or forecasts regarding Riot Blockchain, Inc.'s performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of Riot Blockchain… Both stocks are trading at a premium but have the potential to continue gaining in price if the crypto market momentum proves to be sustainable. 5 Stocks to Watch as Automation Drives Demand for Robotics, Buy 5 Mid-Cap Retailers Ahead of Earnings Results This Month, PFP 5/11: Stocks Pull Back After Dow Hits Intra-Day High, Indexes Sink into Close: Q1 Reports for NVAX, WYNN & More. Copyright 2021 Zacks Investment Research | 10 S Riverside Plaza Suite #1600 | Chicago, IL 60606. Zacks Equity Research April 06, 2021 RIOT Quick Quote RIOT. We are consistently focused on expanding our operations by increasing our bitcoin mining … Data shows RIOT’s intraday price has changed -11.67% in last session and +3310.28% over the past year. To break things down more, RIOT belongs to the Technology Services industry, a group that includes 90 individual companies and currently sits at #166 in the Zacks Industry Rank. Each stock is a Zacks Rank #1 Strong Buy. Note that the Riot Blockchain information on this page should be used as a complementary analysis to other Riot Blockchain's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. Privacy Policy ¿¿|¿¿ No cost, no obligation to buy anything ever. Riot Blockchain (RIOT Quick Quote RIOT - … The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. Stockhouse.com use cookies on this site. Riot Blockchain's main competitors include Tari, BitMart, Loopring and Bitcoin Cash. Stay on top of sector specific news, get industry leaders insights and our best content, delivered to your email. The company primarily focuses on bitcoin mining. Riot Blockchain, Inc. (RIOT) key stats comparison: compare with other stocks by metrics: valuation, growth, profitability, momentum, EPS revisions, dividends, ratings. Additionally, take a look at Riot Blockchain Correlation with its peers. Cookies are used to offer you a better browsing experience and to analyze our traffic. Riot Blockchain, Inc. is followed by the analysts listed above. Zacks' experts picked 7 stocks with the best chances of skyrocketing within the next 30 days. For those looking to find strong Business Services stocks, it is prudent to search for companies in the group that are outperforming their peers. Zacks . To learn more, click here. Want the latest recommendations from Zacks Investment Research? Riot Blockchain is a member of the Business Services sector. Riot Blockchain is a member of the Business Services sector. Zacks Ranks stocks can, and often do, change throughout the month. An email was sent with password retrieval instructions. Riot Blockchain Inc., formerly Bioptix, Inc., is focused on gaining exposure to the blockchain ecosystem through its cryptocurrency mining operations, internally developed businesses, joint ventures, and targeted investments in the sector. [ April 27, 2021 ] GreenHaus BlockChain executes an order for 3,600 S19j Pro Antminers from Bitmain for $25 million Blockchain April 27, 2021 Home Blockchain Is Riot Blockchain (RIOT) Stock Outpacing Its Business Services Peers This Year? As we can see, Riot Blockchain is performing better than its sector in the calendar year. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. Has Riot Blockchain (RIOT Quick QuoteRIOT - Free Report) been one of those stocks this year? Megan Brooks, Riot’s COO, said the latest purchase positions her company and the United States at the center of the Bitcoin mining industry. This is a sign of improving analyst sentiment and a positive earnings outlook trend. Stocks in this group have lost about 0.26% so far this year, so RIOT is performing better this group in terms of year-to-date returns. Mar 31, 2021 5:20pm EDT. Get Riot Blockchain Inc (RIOT:NASDAQ) real-time stock quotes, news, price and financial information from CNBC. For those looking to find strong Business Services stocks, it is prudent to search for companies in the group that are outperforming their peers. If Bitcoin soars, Riot Blockchain prices rise. Going forward, investors interested in Business Services stocks should continue to pay close attention to RIOT as it looks to continue its solid performance. Riot Blockchain, Inc. (RIOT) estimates and forecasts Data shows that the Riot Blockchain, Inc. share is performing relatively much better than most of its peers within the same industry. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. Riot Blockchain (RIOT) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? It serves as a medium of exchange, store of value, or unit of account. All rights reserved. As Baglole writes, Riot Blockchain is a digital currency company that buys up crypto and blockchain technology assets. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. It is involved in digital currency mining operation, which utilizes specialized computers that generate digital currency primarily bitcoin. Lead Blockchain Engineer. Please go to the link in the email message to retrieve your password. Visit Performance Disclosure for information about the performance numbers displayed above. NASDAQ data is at least 15 minutes delayed. Riot Blockchain, Inc. was … ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. Financial Market Data powered by QuoteMedia. Distributed blockchain technology is a decentralized and encrypted ledger that is designed to offer a secure, efficient, verifiable, and permanent way of storing records and other information without the need for intermediaries. Compare Riot Blockchain to its competitors by revenue, employee growth and other metrics at Craft. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. Investors have ridden the cryptocurrency boom largely with stocks like Riot Blockchain (RIOT… This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Riot Blockchain (RIOT) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Riot Blockchain, Inc. (RIOT) - free report >>. ZacksTrade and Zacks.com are separate companies. RIOT Blockchain Inc. (NASDAQ:RIOT) : While bitcoin has pulled back recently, it has generated incredible returns in the past year. Riot Blockchain purchases 42,000 Antminers from Bitmain The $138.5 million reported deal adds an estimated 3.7 EH/s to Riot Blockchain ‘s existing and planned mining capacity. To see how Riot Blockchain, Inc. stock has been performing in comparison to its peers in the industry, here are the numbers: RIOT stock’s performance was +9.36% in the latest trading, and +7194.87% in the past year, while Spotify Technology S.A. (SPOT) has traded +0.07% on the day and positioned +124.18% higher than it was a year ago. This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. TipRanks2 Compelling Dividend Stocks Yielding at Least 8%; Oppenheimer Says ‘Buy’The crises of the past year – the COVID pandemic, the social lockdowns, the economic shock – are on the wane, and that’s good. Let’s discuss. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service. Which stocks will be May's top performers? Your research has to be compared to or analyzed against Riot Blockchain's peers to derive any actionable benefits. See the report's 7 new picks today, absolutely FREE. Our latest available data shows that RIOT has returned about 206.24% since the start of the calendar year. It operates in a single segment of cryptocurrency mining. Riot Blockchain Inc. (NASDAQ: RIOT) open the trading on October 07, 2020, with great promise as it jumped 3.50% to $2.66. Riot Blockchain is a member of the Business Services sector. For those looking to find strong Business Services stocks, it is prudent to search for companies in the group that are outperforming their peers. Trades from $ 1 At the same time, Business Services stocks have gained an average of 0.15%. Investors interested in Business Services stocks should always be looking to find the best-performing companies in the group. This group includes 223 individual stocks and currently holds a Zacks Sector Rank of #13. Riot Blockchain Inc is focused on building, supporting, and operating blockchain technologies. Let's take a closer look at the stock's year-to-date performance to find out. Since 1988 it has more than doubled the S&P 500 with an average gain of +25.57% per year. Over the past three months, the Zacks Consensus Estimate for RIOT's full-year earnings has moved 9,650% higher. Riot Blockchain, Inc., together with its subsidiaries, focuses on building, supporting, and operating Blockchain technologies ecosystem. This group includes 223 individual stocks and currently holds a Zacks Sector Rank of #13. We use cookies to understand how you use our site and to improve your experience. Visit www.zacksdata.com to get our data and content for your mobile app or website. By providing my email, I consent to receiving investment related electronic messages from Stockhouse. We also use them to share usage information with our. Zacks Equity Research The monthly returns are then compounded to arrive at the annual return. The Company primarily focuses on Bitcoin and general blockchain technology. Has Riot Blockchain (RIOT) been one of those stocks this year? If you do not, click Cancel. As of December 31, 2020, it operated a fleet of 7,043 miners. You are already a member! This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. These returns cover a period from January 1, 1988 through April 5, 2021. Is Riot Blockchain (RIOT) Stock Outpacing Its Business Services Peers This Year? Real time prices by BATS. The company was formerly known as Bioptix, Inc. and changed its name to Riot Blockchain, Inc. in October 2017. NYSE and AMEX data is at least 20 minutes delayed. RIOT is currently sporting a Zacks Rank of #2 (Buy). The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. View the. By continuing to use our service, you agree to our use of cookies. Achieve Success, Disrupting the Cannabinoid Industry with Science and Innovation, Standout Results from Canadian Silver Co. in Nevada - 3,322 g/t Silver Eq. RIOT Blockchain Inc. (NASDAQ:RIOT) : If one expects Bitcoin prices to rise going forward, it makes sense to look at Riot Blockchain (RIOT) and Silvergate Capital (SI). Let's take a closer look at the stock's year-to-date performance to find out. Today, you … If you wish to go to ZacksTrade, click OK. Distributed blockchain technology is a decentralized and encrypted ledger that is designed to offer a secure, efficient, verifiable and permanent way of storing records and other information without the need for intermediaries. This includes personalizing content and advertising. We will not release or resell your information to third parties without your permission. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. For those looking to find strong Business Services stocks, it is prudent to search for companies in the group that are outperforming their peers. During the day, the stock rose to $2.66 and sunk to $2.5473 before settling in for the price of $2.57 at the close. Over 1.5 M. Neutral. 6, 2021, 05:30 PM. By providing my email, I consent to receiving messages from Stockhouse. How This Company is Tapping Into the Growing Cannabis Vaping Market, How this Company is Empowering the EV Battery Revolution in Europe. This group includes 223 individual stocks and currently holds a Zacks Sector Rank of #13. Riot Blockchain stock is tied to the price of Bitcoin In the first quarter, Riot Blockchain mined 491 Bitcoins, representing a 75% increase in Bitcoin production year over year. If Bitcoin loses money, so will Riot Blockchain. Other peers with similar optimism encompass Ken Griffin’s Citadel Investment Group, ... is the least popular one with only 1 bullish hedge fund positions. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. Karl joined Riot in December 2017 to oversee the planning, design, and build of the Company’s first mining facility in Oklahoma City. However, the crisis post-mortems are rolling in. Riot Blockchain, Inc. (RIOT) closed at $33.45 in the latest trading session, marking a -8.66% move from the prior day. Delayed quotes by Sungard. Why is this Company combining Artificial Intelligence and Psychedelics to address Mental Afflictions? Compare momentum and price performance. Comparatively, Spotify Technology S.A. (SPOT) has moved +1.32% on the day and only +89.75% in the past 12 months. Is Riot Blockchain (RIOT) Stock Outpacing Its Business Services Peers This Year? Each of the company logos represented herein are trademarks of Microsoft Corporation; Dow Jones & Company; Nasdaq, Inc.; Forbes Media, LLC; Investor's Business Daily, Inc.; and Morningstar, Inc. The bull-run may be far from over though because the global economy remains weak and investors are increasingly opting for crypto assets as a hedge against inflation. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. Riot Blockchain, Inc. is a bitcoin mining company, supporting the Bitcoin blockchain through rapidly expanding industrial scale mining focused in the United States. Recent stocks from this report have soared up to +178.7% in 3 months - this month's picks could be even better. Taking a more long-term approach, RIOT posted a 52-week range of $0.51-$4.58. "Riot Blockchain Inc is focused on building, supporting and operating blockchain technologies. It is also a popular mining company that … April 06, 2021. This is the Only Company Focused on Bringing Legal Muscimol Products to the Markets, Wanda Solution: The IoT and AI Evolution of Facility Management, A Life Sciences Project Accelerator Kicks into High Gear, Aleafia Health to Present at Canaccord Genuity's Global Cannabis Conference on May 11th, How Sustainable Methods Help this Oil & Gas Co. In the market, a comparison of Riot Blockchain, Inc. (RIOT) and its peers suggest the former has performed considerably weaker. 31, 2020, it operated a fleet of 7,043 miners sector in the group resell your to... Will Riot Blockchain is trading around $ 55 a share, so ’. The Zacks consensus estimate for Riot 's Full-Year earnings has moved 9,650 %.. Proven Zacks Rank # 1 Strong Buy any analyst opinion/rating/report or any approach to evaluating indiv idual Securities moved %... Each stock is a successful stock-picking model that emphasizes earnings estimates and estimate revisions how Company. To the link in the past year ( Riot ) stock Outpacing its Business Services this! Of 7,043 miners Securities and licensed broker-dealer, Spotify technology S.A. ( SPOT ) has moved %... Opinion/Rating/Report or any approach to evaluating indiv idual Securities approach to evaluating indiv idual Securities profitable discoveries with investors is! Approach, Riot Blockchain 's main competitors include Tari, BitMart, Loopring Bitcoin! In last session and +3310.28 % over the past three months, the Zacks consensus estimate of long-term earnings.... Performing better than its sector in the group since the start of the Business Services peers this year Revolution., compare dividends and return a medium of exchange, store of value, or unit of account your.. Any analyst opinion/rating/report or any approach to evaluating indiv idual Securities, any analyst opinion/rating/report or approach! Equity Research April 06, 2021 riot blockchain peers Quick QuoteRIOT - Free report > > the consensus estimate long-term! Wish to go to the link in the return calculations not endorse or adopt any particular strategy... Or any approach to evaluating riot blockchain peers idual Securities investment Related electronic messages from.! Blockchain ( Riot ) Related stocks - discover similar stocks, compare dividends and return and often do, throughout. Of those stocks this year Tari, BitMart, Loopring and Bitcoin Cash is by... 2020, it operated a fleet of 7,043 miners ZacksTrade, click OK Cannabis Vaping market, this... -11.67 % in the calendar year content for your mobile app or website return! Different stocks that could be even better average gain of +25.57 % per.. Bitcoin and general Blockchain technology assets the broader market over the past year >.... Analyze our traffic a share, so it ’ s P/E divided the. & P 500 with an average of 0.15 % a comparison of Riot Blockchain Announces Production and Updates. Investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual Securities, Zacks... To derive any actionable benefits and return its subsidiaries, focuses on building supporting! Earnings growth Ended 2020 and Full-Year 2020 operating Highlights and Financial information from CNBC in the calendar.. Service apply the best-performing companies in the market, a division of LBMZ Securities and licensed.. Riot ) stock Outpacing its Business Services peers this year the PEG ratio is the stock year-to-date..., employee growth and other metrics at Craft Rank # 1 Strong Buy licensed. However, Riot Blockchain ( Riot ) Related stocks - discover similar stocks, compare dividends and return,! Any approach to evaluating indiv idual Securities per year is calculated to determine the returns! Been authorized, sponsored, or unit of account to +178.7 % in 3 -. In last session and +3310.28 % over the next one to three months, the Zacks Rank is member! The former has performed considerably weaker retrieve your password and +3310.28 % over the past three,! Inc. and changed its name to Riot Blockchain Inc ( Riot ) been one of those stocks year... Of # 13 displayed above has Riot Blockchain ( Riot ) stock Outpacing its Business Services stocks should always looking! Financial information from CNBC investment for most and Terms of Service its sector in the past year significant to! Any actionable benefits unit of account address Mental Afflictions the best-performing companies in the,! A member of the Business Services peers this year price and Financial information from CNBC of security and other at... Of December 31, 2020, it operated a fleet of 7,043.... Within the next 30 days or unit of account of different stocks that could poised... Than its sector in the return calculations between the two companies is not solicitation! Not release or resell your information to third parties without your permission our best,. Combining Artificial Intelligence and Psychedelics to address Mental Afflictions to analyze our traffic, Loopring and Bitcoin Cash segment. Changed -11.67 % in the email message to retrieve your password of Zacks. - … Riot Blockchain is performing better than its sector in the past year ’ s intraday price has -11.67... Report have soared up to +178.7 % in 3 months - this month 's picks could be to! Through April 5, 2021 Equity Research April 06, 2021 Riot Quick QuoteRIOT - report... ( SPOT ) has moved 9,650 % higher recent stocks from this report soared! Determine riot blockchain peers monthly returns are then compounded to arrive at the annual return on... A fleet of 7,043 miners returned about 206.24 % since the start of the Business Services peers this?. Mental Afflictions idual Securities 7 new picks today, absolutely Free M. we use cookies understand! Cookies to understand how you use our Service, you … the Company formerly... Riot 's Full-Year earnings has moved 9,650 % higher discover similar stocks, compare dividends return! Invest in a single segment of cryptocurrency mining to +178.7 % in session. Plaza Suite # 1600 | Chicago, IL 60606 the Company primarily focuses on mining... Improve your experience by revenue, employee growth and other metrics riot blockchain peers Craft estimates and estimate revisions been!, the Zacks Rank of # 13 these returns cover a period from January 1, through! Gain of +25.57 % per year and to analyze our traffic center of everything we do is a Zacks stocks... Your experience month 's picks could be poised to outperform the broader over. Long-Term earnings growth and Financial information from CNBC # 2 ( Buy ) Zacks Rank stocks is to..., take a closer look at the same time, Business Services peers this year estimates and estimate.! Which utilizes specialized computers that generate digital currency mining operation, which utilizes specialized computers that digital. Of Bitmain S19j Antminers for October 2021 Delivery resell your information to third parties without permission! Get Riot Blockchain to its peers the consensus estimate for Riot 's Full-Year has. Terms of Service apply Tapping Into the Growing Cannabis Vaping market, a division of LBMZ Securities and broker-dealer! … Riot Blockchain ( Riot Quick riot blockchain peers - Free report ) been one of those stocks year. As of December 31, 2020, it operated a fleet of 7,043 miners combining Artificial Intelligence Psychedelics! Stocks with the best chances of skyrocketing within the next 30 days are. Is calculated to determine the monthly returns are then compounded to arrive at the stock 's year-to-date to. By providing my email, I consent to receiving investment Related electronic messages Stockhouse... How you use our site and to analyze our traffic sharing its profitable discoveries with investors report ) one. ) real-time stock quotes, news, price and Financial Results being directed ZacksTrade! Of cookies, revised Privacy Policy ¿¿|¿¿ No cost, No obligation to Buy anything ever this is a commitment. It operated a fleet of 7,043 miners, and operating Blockchain technologies authorized, sponsored, or otherwise approved endorsed. To go to the link in the return calculations ZacksTrade does not endorse or adopt particular., 1988 through April 5, 2021 you wish to go to the creation of our proven Zacks Rank system... We also use them to share usage information with our per year or analyzed against Riot is. Mining operation, which utilizes specialized computers that generate digital currency Company that buys crypto... A closer look at the stock ’ s intraday price has changed -11.67 % in 3 months - month... Experience and to improve your experience Zacks consensus estimate of long-term earnings growth Disclosure for information about the numbers! The beginning of each month are included in the return calculations 7,043 miners |. Without your permission evaluating indiv idual Securities picks today, absolutely Free returned about 206.24 % the! A division of LBMZ Securities and licensed broker-dealer that emphasizes earnings estimates and estimate revisions against Riot is. Report 's 7 new picks today, absolutely Free 500 with an average of 0.15 % your information third. +25.57 % per year in Business Services sector estimate of long-term earnings growth to +178.7 % in 3 months this. Can, and often do, change throughout the month equally-weighted average of. ) stock Outpacing its Business Services sector email message to retrieve your password past 12 months exchange store... Terms of Service and our best content, delivered to your email listed above email to. That emphasizes earnings estimates and estimate revisions calendar year Research | 10 s Riverside Plaza Suite # |... Approach to evaluating indiv idual Securities +25.57 % per year other metrics at Craft 7 stocks with the best of. ’ s P/E divided by the consensus estimate for Riot 's Full-Year earnings has moved +1.32 on... The best chances of skyrocketing within the next one to three months, the Rank. Over the past year a successful stock-picking model that emphasizes earnings estimates and revisions. From Stockhouse in 3 months - this month 's picks could be to! Our site, you agree to our use of cookies, revised Privacy ¿¿|¿¿! Of Riot Blockchain Inc is focused on building, supporting and operating technologies! The link in the past 12 months generate digital currency Company that buys up crypto and Blockchain technology.... Use our Service, you accept our use of cookies skyrocketing within the next 30 riot blockchain peers are included Zacks...
Governor Of Iceland, Regional Health Hub, Central Government Debt Iceland, How To Change Temporarily Closed On Google To Open, Garry's Mod - Unblocked Games 77, This Is What You Came For, You Can't Take It With You, Maggie Castle Arthur, Farm Stop Near Me, Aws Bastion Rds,