The Real Brokerage Inc. (REAX)
Market Cap | 930.51M |
Revenue (ttm) | 1.10B |
Net Income (ttm) | -31.86M |
Shares Out | 197.56M |
EPS (ttm) | -0.17 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 1,261,659 |
Open | 4.540 |
Previous Close | 4.610 |
Day's Range | 4.442 - 4.780 |
52-Week Range | 1.460 - 6.750 |
Beta | 1.44 |
Analysts | Strong Buy |
Price Target | 5.50 (+16.77%) |
Earnings Date | Nov 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, The Real Brokerage'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 3 analysts, the average rating for REAX stock is "Strong Buy." The 12-month stock price forecast is $5.5, which is an increase of 16.77% from the latest price.
News
The Real Brokerage Inc. Publishes Inaugural Sustainability Report
TORONTO & NEW YORK--(BUSINESS WIRE)--The Real Brokerage Inc. (NASDAQ: REAX), a technology platform reshaping real estate for agents, home buyers and sellers, is proud to announce the release of its in...
Real's November Agent Survey: Agents Anticipate Market Recovery in 2025
TORONTO & NEW YORK--(BUSINESS WIRE)--The Real Brokerage Inc. (NASDAQ: REAX, “Real”), a technology platform reshaping real estate for agents, home buyers and sellers, today released results from its No...
Urban Nest, Las Vegas' No. 1 Real Estate Branch, Joins Real
TORONTO & NEW YORK--(BUSINESS WIRE)---- $REAX #therealbrokerage--Urban Nest Realty, Las Vegas' No. 1 real estate branch, brings 400 agents and $11 billion in lifetime sales to Real.
Top-Producing ROVI Homes Joins Real
TORONTO & NEW YORK--(BUSINESS WIRE)---- $REAX #therealbrokerage--Top-Producing ROVI Homes brings 150 agents to Real, helping Real to surpass 23,000 agents.
Real Ranked No. 38 Fastest-Growing Company in North America on the 2024 Deloitte Technology Fast 500™
TORONTO & NEW YORK--(BUSINESS WIRE)--The Real Brokerage Inc. (NASDAQ: REAX), a technology platform reshaping real estate for agents, home buyers and sellers, today announced it ranked No. 38 on the De...
Real October Agent Survey Highlights Growing Optimism Despite Rising Mortgage Rates
TORONTO & NEW YORK--(BUSINESS WIRE)--The Real Brokerage Inc. (NASDAQ: REAX, “Real”), a technology platform reshaping real estate for agents, home buyers and sellers, today released results from its Oc...
Real to Present at Upcoming Investor Conferences
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, today announced ...
Real Welcomes Top Agents and Teams To Its Growing Network Throughout North America
TORONTO & NEW YORK--(BUSINESS WIRE)---- $REAX #therealbrokerage--Real welcomes top agents and teams to its growing network throughout North America, continuing to outpace the industry in agent attract...
The Real Brokerage Inc. (REAX) Q3 2024 Earnings Call Transcript
The Real Brokerage Inc. (NASDAQ:REAX) Q3 2024 Earnings Conference Call November 7, 2024 8:30 AM ET Company Participants Ravi Jani - Vice President of Investor Relations & Financial Planning & Analysi...
The Real Brokerage Inc. Announces Third 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 ...
Industry Veteran Joe Ballarino Brings 400 Agents to Real
TORONTO & NEW YORK--(BUSINESS WIRE)---- $REAX #therealbrokerage--Top-producing Amerivest Realty, led by industry veteran Joe Ballarino, brings 400 agents across Florida, Colorado, Minnesota and Wiscon...
Real Announces Winners of Its Inaugural Agent Brand Awards
TORONTO & NEW YORK--(BUSINESS WIRE)---- $REAX #therealbrokerage--Real celebrates outstanding agent and team marketing across social media, websites, and signage with their inaugural Agent Brand Awards...
Real September Agent Survey Reveals Uptick in Agent Optimism Despite Mortgage Rate and Election Uncertainty
TORONTO & NEW YORK--(BUSINESS WIRE)--The Real Brokerage Inc. (NASDAQ: REAX, “Real”), a technology platform reshaping real estate for agents, home buyers and sellers, today released results from its Se...
Real Opens Investor Q&A Portal Ahead of Third 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, today announced ...
Real Unveils Real Wallet: Empowering Agents with Exceptional Financial Flexibility
TORONTO & NEW YORK--(BUSINESS WIRE)---- $REAX #therealbrokerage--Real launches Real Wallet, a financial platform for agents that integrates earnings, revenue share and equity into a single, seamless p...
Real Transforms Agent and Client Interactions With AI-Powered Virtual Concierge Leo
TORONTO & NEW YORK--(BUSINESS WIRE)---- $REAX #therealbrokerage--Real unveils Leo CoPilot, an enhancement of its AI-powered virtual assistant that will now proactively share content and build collater...
The Real Brokerage to Unveil AI-Powered Industry Firsts and Agent-Centric Innovations at Sold-Out RISE 2024 Conference
TORONTO & NEW YORK--(BUSINESS WIRE)---- $REAX #therealbrokerage--Real will unveil AI-powered industry firsts and agent-centric innovations at sold-out RISE 2024, its third annual conference, which kic...
Addition of the Grant Johnson Group Pushes Real Past the 22,000-Agent Mark
TORONTO & NEW YORK--(BUSINESS WIRE)---- $REAX #therealbrokerage--With the addition of the 55-agent Grant Johnson Group out of the St. Paul/Minneapolis area, Real pushes past the 22,000-agent mark.
The Real Brokerage to Host Third Quarter 2024 Earnings Conference Call
TORONTO & NEW YORK--(BUSINESS WIRE)--The Real Brokerage Inc. (NASDAQ: REAX), a technology platform reshaping real estate for agents, home buyers and sellers, will release its financial results for the...
Real August Agent Survey Reveals Stability Amid NAR Settlement-Related Practice Changes
TORONTO & NEW YORK--(BUSINESS WIRE)--The Real Brokerage Inc. (NASDAQ: REAX, “Real”), a technology platform reshaping real estate for agents, home buyers and sellers, today released results from its Au...
Duane Richins Brings His Top-Producing RealD2D Team and Highly Effective Sales Approach to Real
TORONTO & NEW YORK--(BUSINESS WIRE)---- $REAX #therealbrokerage--Duane Richins brings his top-producing RealD2D team and highly effective sales approach to Real, adding 40 agents across 13 states.
Real Begins September With More than 21,000 Agents
TORONTO & NEW YORK--(BUSINESS WIRE)---- $REAX #therealbrokerage--Real kicks off September with over 21,000 agents on board, driven by the continued addition of top-performing teams to its technology-d...
Real July Agent Survey Shows Dip in Agent Optimism as Industry Prepares for Change
TORONTO & NEW YORK--(BUSINESS WIRE)--The Real Brokerage Inc. (NASDAQ: REAX, “Real”), a technology platform reshaping real estate for agents, home buyers and sellers, today released results from its Ju...
Real to Present at the Investor Summit Summer 2024 Virtual Conference
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, today announced ...
Real Makes Industry-Leading Buyer Playbook Available to All Agents in Wake of NAR Settlement
TORONTO & NEW YORK--(BUSINESS WIRE)---- $REAX #therealbrokerage--Real is making its comprehensive website designed to help real estate agents navigate the NAR settlement changes available to the entir...