Reliance Global Group, Inc. (RELI)

NASDAQ: RELI · Real-Time Price · USD
1.190
-0.030 (-2.46%)
At close: Mar 31, 2025, 4:00 PM
1.283
+0.093 (7.82%)
After-hours: Mar 31, 2025, 6:00 PM EDT
-2.46%
Market Cap 3.42M
Revenue (ttm) 14.05M
Net Income (ttm) -9.07M
Shares Out 2.87M
EPS (ttm) -9.01
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 53,757
Open 1.200
Previous Close 1.220
Day's Range 1.130 - 1.210
52-Week Range 1.130 - 18.530
Beta 0.08
Analysts Strong Buy
Price Target 119.00 (+9,900.0%)
Earnings Date Mar 6, 2025

About RELI

Reliance Global Group, Inc. focuses on the acquisition and management of wholesale and retail insurance agencies in the United States. It provides agency services for insurance products in healthcare and medicare, personal and commercial, trucking, property and casualty, and insurance brokerage. The company was formerly known as Ethos Media Network, Inc. and changed its name to Reliance Global Group, Inc. in October 2018. Reliance Global Group, Inc. was incorporated in 2013 and is headquartered in Lakewood, New Jersey. [Read more]

Sector Financials
Founded 2013
Employees 64
Stock Exchange NASDAQ
Ticker Symbol RELI
Full Company Profile

Financial Performance

In 2024, Reliance Global Group's revenue was $14.05 million, an increase of 2.35% compared to the previous year's $13.73 million. Losses were -$9.07 million, -37.65% less than in 2023.

Financial Statements

Analyst Forecast

According to one analyst, the rating for RELI stock is "Strong Buy" and the 12-month stock price forecast is $119.0.

Price Target
$119.0
(9,900.00% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Reliance Global Group Launches RELI Auto Leasing—Delivering ANY Vehicle to ANY Location in the United States

New Offering Provides Unmatched Convenience for Customers and Creates Additional Revenue Opportunities for RELI Exchange Agency Partners New Offering Provides Unmatched Convenience for Customers and C...

12 days ago - GlobeNewsWire

Reliance Global Group, Inc. (RELI) Q4 2024 Earnings Call Transcript

Reliance Global Group, Inc. (NASDAQ:RELI) Q4 2024 Earnings Conference Call March 6, 2025 5:00 PM ET Company Participants Ted Ayvas - Investor Relations Ezra Beyman - Chairman and Chief Executive Offi...

25 days ago - Seeking Alpha

Reliance Global Group Reports 2024 Results and Provides Business Update

LAKEWOOD, N.J., March 06, 2025 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (Nasdaq: RELI) (“Reliance”, “we” or the “Company”) today provided a business update and reported financial results for th...

25 days ago - GlobeNewsWire

Reliance Global Group Schedules Fourth Quarter and Year Ended December 31, 2024 Financial Results and Business Update Conference Call

Lakewood, NJ, March 04, 2025 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ: RELI) (“Reliance” or the “Company”), announced today that it will host a conference call Thursday, March 6, 2025, ...

27 days ago - GlobeNewsWire

Reliance Global Group Expands RELI Exchange Commercial Quote & Bind InsurTech Platform Following Successful Beta Launch

LAKEWOOD, N.J., Feb. 18, 2025 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (Nasdaq: RELI) (“Reliance”, “we” or the “Company”) today announced a significant expansion of its Commercial Quote & Bind ...

5 weeks ago - GlobeNewsWire

Reliance set for best week since June as retail business fuels profit beat

Shares of Reliance Industries rose nearly 5% on Friday and were set for their best week in six months, as the company beat quarterly profit estimates on a boost from its retail business, which had dra...

2 months ago - Reuters

Is Reliance stock poised for a comeback as valuation hits multi-year lows? Analysts weigh in

Reliance's share price has corrected by almost 22% from its 52-week high, and with the company set for a recovery phase, the stock has become extremely attractive in terms of valuation.

2 months ago - Invezz

Reliance Global Group Reflects on a Transformative Year and Looks Ahead to 2025

OneFirm Approach Delivering Results - Drives Increased Revenue, Reduced Expenses, and Growing EBITDA Spetner Acquisition Nears Final Stages, Strengthening Company's Future Prospects LAKEWOOD, N.J., De...

3 months ago - GlobeNewsWire

Analyst sees Reliance owned small cap stock surging 190%

Shares of Reliance-owned Just Dial have remained muted in the past six months. Just Dial's share price has moderated around 2% in the past six months.

3 months ago - Invezz

Reliance Global Group, Inc. (RELI) Q3 2024 Earnings Call Transcript

Reliance Global Group, Inc. (NASDAQ:RELI) Q3 2024 Earnings Call November 7, 2024 4:30 PM ET Company Participants Ted Ayvas - Investor Relations Ezra Beyman - Chairman and Chief Executive Officer Joel...

5 months ago - Seeking Alpha

Reliance Global Group Schedules Third Quarter 2024 Financial Results and Business Update Conference Call

Lakewood, NJ, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ: RELI) (“Reliance” or the “Company”), announced today that it will host a conference call Thursday, November 7, 2024...

5 months ago - GlobeNewsWire

Reliance Global Group Launches Beta Version of Advanced Quote & Bind InsurTech Solution for Commercial Policies, Ahead of Schedule

New AI-powered feature launches early, positioning RELI Exchange for substantial premium growth and commission revenue boost New AI-powered feature launches early, positioning RELI Exchange for substa...

6 months ago - GlobeNewsWire

Top 3 Financials Stocks That May Rocket Higher This Quarter

The most oversold stocks in the financials sector presents an opportunity to buy into undervalued companies.

Other symbols: KSPINCPL
6 months ago - Benzinga

Reliance Global Group Announces Enhanced Terms for Pending Spetner Acquisition

Cash required to close reduced by over $2 million Acquisition remains on track - anticipated to close in the second half of 2024 LAKEWOOD, N.J., Sept. 09, 2024 (GLOBE NEWSWIRE) -- Reliance Global Grou...

7 months ago - GlobeNewsWire

Reliance Global Group, Inc. (RELI) Q2 2024 Earnings Call Transcript

Reliance Global Group, Inc. (NASDAQ:RELI) Q2 2024 Earnings Conference Call July 25, 2024 4:30 PM ET Company Participants Ted Ayvas - Investor Relations Ezra Beyman - Chairman and CEO Joel Markovits -...

8 months ago - Seeking Alpha

Reliance Global Group Reports Second Quarter 2024 Results and Provides Business Update

Spetner Associates Acquisition on Track to Close in Second Half of 2024; Projected to Double Annual Revenue to Approximately $28 Million and Boost AEBITDA

8 months ago - GlobeNewsWire

Reliance Global Group Schedules Second Quarter 2024 Financial Results and Business Update Conference Call

Lakewood, NJ, July 19, 2024 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ: RELI) (“Reliance” or the “Company”), announced today that it will host a conference call Thursday, July 25, 2024, a...

9 months ago - GlobeNewsWire

Reliance Global Group Regains Compliance with Nasdaq Continued Listing Requirements

LAKEWOOD, N.J., July 17, 2024 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (Nasdaq: RELI; RELIW) (“Reliance”, “we” or the “Company”), announced that the Company received notice from The Nasdaq Stoc...

9 months ago - GlobeNewsWire

Reliance Global Group Announces Formation of New Real Estate Division Aimed at Expanding Operations

Abe Miller, Successful Real Estate Investor and M&A Executive, Joins Reliance to Oversee New Division and Advise on Future Real Estate Transactions Abe Miller, Successful Real Estate Investor and M&A ...

9 months ago - GlobeNewsWire

Reliance Global Group Announces Reverse Stock Split

LAKEWOOD, N.J., June 26, 2024 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (Nasdaq: RELI; RELIW) (“Reliance”, “we” or the “Company”) today announced that the Company's Board of Directors approved a...

9 months ago - GlobeNewsWire

Reliance Global Group Announces Withdrawal of Registration Statement

LAKEWOOD, N.J., June 24, 2024 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (Nasdaq: RELI; RELIW) (“Reliance”, “we” or the “Company”) today announced that it has withdrawn its previously filed regis...

10 months ago - GlobeNewsWire

Reliance Global Group Announces Major Enhancement of Capital Structure Following Cashless Exercise of Warrants

LAKEWOOD, N.J, June 20, 2024 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (Nasdaq: RELI; RELIW) (“Reliance”, “we” or the “Company”) today announced that its final large institutional investor has r...

10 months ago - GlobeNewsWire

Reliance Global Group Provides Update on Pending Spetner Acquisition

Transformational acquisition expected to close in the second half of 2024 Projected to double Company's annualized revenue to approximately $28 million LAKEWOOD, N.J., June 18, 2024 (GLOBE NEWSWIRE) -...

10 months ago - GlobeNewsWire

Reliance Global Group, Inc. (RELI) Q1 2024 Earnings Call Transcript

Reliance Global Group, Inc. (NASDAQ:RELI) Q1 2024 Earnings Conference Call May 7, 2024 4:30 PM ET Company Participants Ted Ayvas - Investor Relations Ezra Beyman - Chairman and Chief Executive Office...

11 months ago - Seeking Alpha

Reliance Global Group Reports First Quarter 2024 Results and Provides Business Update

Definitive agreement to acquire Spetner Associates marks significant milestone in Company's evolution Expected to more than double current revenue to approximately $28 million and contribute meaningfu...

11 months ago - GlobeNewsWire