The Real Brokerage Inc. (REAX)
| Market Cap | 813.99M |
| Revenue (ttm) | 782.06M |
| Net Income (ttm) | -36.20M |
| Shares Out | 189.30M |
| EPS (ttm) | -0.19 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 809,633 |
| Open | 4.350 |
| Previous Close | 4.400 |
| Day's Range | 4.280 - 4.590 |
| 52-Week Range | 1.280 - 5.320 |
| Beta | 1.58 |
| Analysts | Strong Buy |
| Price Target | 3.75 (-12.79%) |
| Earnings Date | Aug 7, 2024 |
About REAX
The Real Brokerage Inc., together with its subsidiaries, operates as a real estate technology company in the United States and Canada. It operates in three segments: North American Brokerage, Real Title, and One Real Mortgage. It offers brokerage, title, and mortgage broker services. The company is based in Miami, Florida. [Read more]
Financial Performance
In 2023, REAX's revenue was $689.16 million, an increase of 80.52% compared to the previous year's $381.76 million. Losses were -$27.50 million, 33.6% more than in 2022.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for REAX stock is "Strong Buy." The 12-month stock price forecast is $3.75, which is a decrease of -12.79% from the latest price.
News
Real May Agent Survey Reveals Shifting Market Dynamics Amid Continued Affordability Challenges
TORONTO & NEW YORK--(BUSINESS WIRE)--The Real Brokerage Inc. (NASDAQ: REAX, “Real”), the fastest-growing, publicly traded real estate brokerage, today released results from its May 2024 Agent Survey. ...
Real Launches Real Partners to Empower Agents With Industry-Leading Tools and Services for Increased Competitive Advantage
TORONTO & NEW YORK--(BUSINESS WIRE)---- $REAX #therealbrokerage--Real launches Real Partners, a curated suite of leading vendors, to empower agents with tools and services for increased competitive ad...
Real set to join Russell 3000® Index
TORONTO & NEW YORK--(BUSINESS WIRE)--The Real Brokerage Inc. (NASDAQ: REAX), the fastest-growing, publicly traded real estate brokerage, is set to join the broad-market Russell 3000 Index at the concl...
Real to Present at the June 2024 Sidoti Small Cap Conference
TORONTO & NEW YORK--(BUSINESS WIRE)--The Real Brokerage Inc. (NASDAQ: REAX) ("Real" or the "Company"), the fastest-growing, publicly traded real estate brokerage, today announced that its Chairman and...
Real Continues to Strengthen Presence Throughout North America
TORONTO & NEW YORK--(BUSINESS WIRE)---- $REAX #therealbrokerage--Real continues to strengthen its presence throughout North America following a month of strong growth which pushed the brokerage over 1...
Real Launches Luxury Division
TORONTO & NEW YORK--(BUSINESS WIRE)---- $REAX #therealbrokerage--Real is launching a new luxury division to serve the specialized needs of the growing number of luxury agents aligning with Real.
Real April Agent Survey Shows Uptick in Agent Optimism, Potential Inflection in U.S. Home Sales Market
TORONTO & NEW YORK--(BUSINESS WIRE)--The Real Brokerage Inc. (NASDAQ: REAX, “Real”), the fastest-growing, publicly traded real estate brokerage, today announced results from its April 2024 Agent Surve...
The Real Brokerage Renews Normal Course Issuer Bid, Authorizing Share Repurchases
TORONTO & NEW YORK--(BUSINESS WIRE)--The Real Brokerage Inc. (the "Company" or "Real") (NASDAQ: REAX), the fastest-growing, publicly traded real estate brokerage, today announced that its Board of Dir...
Fort Worth's Largest Independent Brokerage Joins Real as Part of Private Label Program
TORONTO & NEW YORK--(BUSINESS WIRE)---- $REAX #therealbrokerage--Fort Worth's largest independent brokerage, The Property Shop, joins Real as part of the company's Private Label program.
The Real Brokerage to Present at the 19th Annual Needham Technology, Media, & Consumer Conference
TORONTO & NEW YORK--(BUSINESS WIRE)--The Real Brokerage Inc. (NASDAQ: REAX) ("Real" or the "Company"), the fastest-growing, publicly traded real estate brokerage, today announced that its Chairman and...
The Real Brokerage Inc. Announces First Quarter 2024 Financial Results
TORONTO & NEW YORK--(BUSINESS WIRE)--The Real Brokerage Inc. (NASDAQ: REAX) ("Real" or the "Company"), a technology platform reshaping real estate for agents, home buyers, and sellers, announced today...
Real Begins May With More Than 17,000 Agents Following Another Strong Growth Month
TORONTO & NEW YORK--(BUSINESS WIRE)---- $REAX #therealbrokerage--Real begins May with more than 17,000 agents following another strong growth month, when top teams from coast to coast joined the broke...
Nation's Largest Minority and Woman-Owned Brokerage Joins Real
TORONTO & NEW YORK--(BUSINESS WIRE)---- $REAX #therealbrokerage--With $665 million in 2023 home sales, Village Premier Collection, the nation's largest minority and woman-owned brokerage, joins Real.
Real Opens Investor Q&A Portal Ahead of First Quarter 2024 Financial Results
TORONTO & NEW YORK--(BUSINESS WIRE)--The Real Brokerage Inc. (NASDAQ: REAX), the fastest-growing, publicly traded real estate brokerage, today announced the opening of its shareholder Q&A platform to ...
Real Increases Its Presence in Chicago and Surrounding States With the Addition of Qamar Group
TORONTO & NEW YORK--(BUSINESS WIRE)---- $REAX #therealbrokerage--Qamar Group brings 36 agents serving Chicago and its suburbs, Michigan and Wisconsin, to the rapidly expanding Real Brokerage.
Real Brokerage Agent Survey Reflects Continued Optimism Ahead of Anticipated Industry Changes
TORONTO & NEW YORK--(BUSINESS WIRE)--The Real Brokerage Inc. (NASDAQ: REAX, “Real”), the fastest-growing, publicly traded real estate brokerage, today announced results from its March 2024 Agent Surve...
Jodi Nishimura, One of the East Bay's Top Agents, Brings Her Well-Known Boutique Brand to Real
TORONTO & NEW YORK--(BUSINESS WIRE)---- $REAX #therealbrokerage--Jodi Nishimura, who ranks in the top 1% of agents serving California's East Bay, has brought her boutique brand, Kai Real Estate, to Re...
The Real Brokerage to Host First Quarter 2024 Earnings Conference Call
TORONTO & NEW YORK--(BUSINESS WIRE)--The Real Brokerage Inc. (NASDAQ: REAX), the fastest growing, publicly traded real estate brokerage, will release its financial results for the first quarter ended ...
The Real Brokerage Inc. Announces Settlement Agreement in Class Action Litigation
TORONTO & NEW YORK--(BUSINESS WIRE)--The Real Brokerage Inc. (NASDAQ: REAX, “Real” or the “Company”) today announced that it has entered into a settlement agreement to resolve the pending class action...
Real's Entrepreneurial-Centric Model Continues to Attract Top Producers From Across North America
TORONTO & NEW YORK--(BUSINESS WIRE)---- $REAX #therealbrokerage--Real's entrepreneurial-centric model continues to attract top producers drawn to the company's strong culture and the flexibility of it...
No. 1 Ranked Real Estate Team in Pennsylvania Moves to Real
TORONTO & NEW YORK--(BUSINESS WIRE)---- $REAX #therealbrokerage--The Jon Campbell Team, ranked as RealTrends' No. 1 Mega team in Pennsylvania and the No. 7 Mega Team by Sides in the U.S. in 2022, has ...
Northern California's Venture Properties Joins Real
TORONTO & NEW YORK--(BUSINESS WIRE)---- $REAX #therealbrokerage--Real adds to its growing presence in California with the addition of Venture Properties, a 40-person brokerage in Shasta County led by ...
Real Brokerage Agent Survey Reveals Optimistic Agent Outlook, Highlights a Strong Sellers' Market
TORONTO & NEW YORK--(BUSINESS WIRE)--The Real Brokerage Inc. (NASDAQ: REAX, “Real”), the fastest-growing, publicly traded real estate brokerage, today announced the results of its February 2024 Agent ...
The Real Brokerage to Present at the 36th Annual Roth Conference
TORONTO & NEW YORK--(BUSINESS WIRE)--The Real Brokerage Inc. (NASDAQ: REAX), the fastest growing, publicly traded real estate brokerage, today announced that its Chairman and Chief Executive Officer, ...
The Real Brokerage Inc. Announces Fourth Quarter and Full Year 2023 Financial Results
TORONTO & NEW YORK--(BUSINESS WIRE)--The Real Brokerage Inc. (NASDAQ: REAX) ("Real" or the "Company"), a technology platform reshaping real estate for agents, home buyers, and sellers, announced today...