The Real Brokerage Inc. (REAX)

NASDAQ: REAX · Real-Time Price · USD
4.710
+0.100 (2.17%)
At close: Dec 20, 2024, 4:00 PM
4.700
-0.010 (-0.21%)
After-hours: Dec 20, 2024, 5:57 PM EST
2.17%
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]

Sector Real Estate
Founded 2018
Employees 167
Stock Exchange NASDAQ
Ticker Symbol REAX
Full Company Profile

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 Statements

Analyst 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.

Price Target
$5.5
(16.77% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

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...

2 days ago - Business Wire

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...

3 days ago - Business Wire

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.

4 days ago - Business Wire

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.

17 days ago - Business Wire

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...

4 weeks ago - Business Wire

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...

4 weeks ago - Business Wire

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 ...

5 weeks ago - Business Wire

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...

5 weeks ago - Business Wire

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...

6 weeks ago - Seeking Alpha

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 ...

6 weeks ago - Business Wire

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...

6 weeks ago - Business Wire

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...

7 weeks ago - Business Wire

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...

7 weeks ago - Business Wire

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 ...

7 weeks ago - Business Wire

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...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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.

2 months ago - Business Wire

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...

2 months ago - Business Wire

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...

3 months ago - Business Wire

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.

3 months ago - Business Wire

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...

3 months ago - Business Wire

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...

4 months ago - Business Wire

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 ...

4 months ago - Business Wire

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...

4 months ago - Business Wire