The Real Brokerage Inc. (REAX)
| Market Cap | 252.70M |
| Revenue (ttm) | 603.94M |
| Net Income (ttm) | -22.35M |
| Shares Out | 181.80M |
| EPS (ttm) | -0.12 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 119,266 |
| Open | 1.41 |
| Previous Close | 1.40 |
| Day's Range | 1.36 - 1.48 |
| 52-Week Range | 1.00 - 1.99 |
| Beta | 1.87 |
| Analysts | Strong Buy |
| Price Target | 2.50 (+79.86%) |
| Earnings Date | Nov 9, 2023 |
About REAX
The Real Brokerage Inc., together with its subsidiaries, operates as a technology-powered real estate brokerage company. It offers brokerage services for the real estate market through a network of agents. The company provides agents a mobile focused tech-platform to run the business. It operates in the United States, the District of Columbia, and Canada. The company is headquartered in Toronto, Canada. [Read more]
Financial Performance
In 2022, REAX's revenue was $381.76 million, an increase of 213.74% compared to the previous year's $121.68 million. Losses were -$20.58 million, 76.2% more than in 2021.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for REAX stock is "Strong Buy." The 12-month stock price forecast is $2.5, which is an increase of 79.86% from the latest price.
News
Former ‘Bachelor' Jason Mesnick and Chris Dalto Join The Real Brokerage
TORONTO & NEW YORK--(BUSINESS WIRE)---- $REAX #therealbrokerage--Former ‘Bachelor' Jason Mesnick and Chris Dalto bring their top-producing Seattle real estate team to The Real Brokerage.
Fast-Growing Sunny Narang Group Joins The Real Brokerage
TORONTO & NEW YORK--(BUSINESS WIRE)---- $REAX #therealbrokerage--64-agent Southern California team joins The Real Brokerage.
The Real Brokerage Reveals Winners of its Annual Individual and Team Awards
TORONTO & NEW YORK--(BUSINESS WIRE)---- $REAX #therealbrokerage--Real used its annual conference to recognize its culture carriers and top-performing professionals and to launch One Real Impact charit...
The Real Brokerage to Present at Upcoming Investor Conferences
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, T...
The Real Brokerage Inc. Announces Third Quarter 2023 Financial Results
TORONTO & NEW YORK--(BUSINESS WIRE)--The Real Brokerage Inc. (NASDAQ: REAX), the fastest-growing publicly traded real estate brokerage, this morning announced results for its third quarter ended Septe...
Real Announces New Investor Q&A Platform Ahead of its Release of Fiscal Third Quarter 2023 Financial Results
TORONTO & NEW YORK--(BUSINESS WIRE)--The Real Brokerage Inc. (NASDAQ: REAX), the fastest-growing, publicly traded real estate brokerage, today announced the launch of a shareholder Q&A platform to be ...
The Real Brokerage to Host Third Quarter 2023 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 third quarter 2023 financial results on Thursda...
Giving Agents Financial Freedom Takes Center Stage at the Real RISE 2023 Conference
TORONTO & NEW YORK--(BUSINESS WIRE)---- $REAX #therealbrokerage--The Real Brokerage makes four significant announcements designed to help its 12,000+ agents better secure their financial futures.
The Real Brokerage Announces New Brand Positioning; Game-Changing Marketing Tools For Its Agents
TORONTO & NEW YORK--(BUSINESS WIRE)---- $REAX #therealbrokerage--Real unveils new brand positioning as "the real estate experience company" focused on creating a better consumer experience with agents...
The Real Brokerage Annual Conference to Focus on Innovation, Delivering an End-to-End Consumer Solution
TORONTO & NEW YORK--(BUSINESS WIRE)---- $REAX #therealbrokerage--At Real's annual signature conference, the brokerage will announce innovation-focused efforts to simplify the real estate transaction e...
The Real Brokerage Inc. Names Christian Wallace Chief of Integrated Home Services
TORONTO & NEW YORK--(BUSINESS WIRE)---- $REAX #therealbrokerage--Former Rocket Homes, Better.com and Opendoor executive Christian Wallace joins The Real Brokerage as Chief of Integrated Home Services.
Legends Real Estate Joins The Real Brokerage
TORONTO & NEW YORK--(BUSINESS WIRE)---- $REAX #therealbrokerage--Sacramento-based Legends Real Estate, led by John Pope, joins The Real Brokerage, expanding Real's presence in Northern California.
The Real Brokerage Offers Healthcare Benefits Resources to its Agents in the U.S. and Canada
TORONTO & NEW YORK--(BUSINESS WIRE)---- $REAX #therealbrokerage--The Real Brokerage provides access to discounted healthcare coverage for its 12,000+ agents in the U.S. and Canada.
FresYes Realty Joins The Real Brokerage
TORONTO & NEW YORK--(BUSINESS WIRE)---- $REAX #therealbrokerage--Real welcomes FresYes Realty, a top-producing California-based team led by Jason Farris, to the growing brokerage.
The Real Brokerage Expands Presence to Vermont
TORONTO & NEW YORK--(BUSINESS WIRE)---- $REAX #therealbrokerage--The Real Brokerage opens for business in Vermont, increasing the company's presence to 49 U.S. states and four Canadian provinces.
The Real Brokerage Appoints Ravi Jani as Vice President, Investor Relations and Financial Planning & Analysis
TORONTO & NEW YORK--(BUSINESS WIRE)---- $REAX #therealbrokerage--The Real Brokerage appoints Ravi Jani as Vice President, Investor Relations and Financial Planning & Analysis.
District South Joins The Real Brokerage
TORONTO & NEW YORK--(BUSINESS WIRE)---- $REAX #therealbrokerage--District South, the top-producing Acadiana team, brings 40 agents to Real, bolstering the brokerage's presence in Louisiana.
The Real Brokerage Welcomes David Newman Partners
TORONTO & NEW YORK--(BUSINESS WIRE)---- $REAX #therealbrokerage--Luxury-focused David Newman Partners brings 13 agents to The Real Brokerage.
The Real Brokerage Now Open in West Virginia
TORONTO & NEW YORK--(BUSINESS WIRE)---- $REAX #therealbrokerage--The Real Brokerage expands into West Virginia, its 48th U.S. state, in a move that will bolster the company's ability to serve the D.C....
The Real Brokerage to Present at the August 24th Virtual Investor Summit Conference
TORONTO & NEW YORK--(BUSINESS WIRE)--The Real Brokerage Inc. ("Real" or the "Company") (NASDAQ: REAX), the fastest growing publicly traded real estate brokerage, today announced that Chairman and Chie...
The Real Brokerage to Present at the Sidoti Virtual Micro Cap Conference
TORONTO & NEW YORK--(BUSINESS WIRE)--The Real Brokerage Inc. (NASDAQ: REAX), the fastest growing publicly traded real estate brokerage, today announced that Chairman and Chief Executive Officer Tamir ...
The Real Brokerage Elevates Jenna Rozenblat to Chief Operating Officer
TORONTO & NEW YORK--(BUSINESS WIRE)---- $REAX #therealbrokerage--The Real Brokerage has promoted Jenna Rozenblat to Chief Operating Officer.
The Real Brokerage Inc. Announces Second Quarter 2023 Financial Results
TORONTO & NEW YORK--(BUSINESS WIRE)--The Real Brokerage Inc. (TSX: REAX) (NASDAQ: REAX), the fastest-growing publicly traded real estate brokerage, announced results for its second quarter ended June ...
The Real Brokerage Leads the Way With AI-Powered Personal Concierge, Supercharging Agent Productivity and Creating Significant Operating Efficiencies
TORONTO & NEW YORK--(BUSINESS WIRE)---- $REAX #therealbrokerage--The Real Brokerage has released Leo, a ground-breaking 24/7 concierge powered by GPT technology and machine learning, to all its agents...
Industry's Most Influential Sports and Entertainment Real Estate Broker Brings Team to The Real Brokerage
TORONTO & NEW YORK--(BUSINESS WIRE)---- $REAX #therealbrokerage--Kofi Nartey, the go-to real estate broker for global celebrities and prominent athletes, has joined The Real Brokerage as a national gr...