Reliance Global Group, Inc. (RELI)

Market Cap	2.75M
Revenue (ttm)	13.91M
Net Income (ttm)	-18.54M
Shares Out	1.24M
EPS (ttm)	-55.49
PE Ratio	n/a
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	23,057
Open	2.190
Previous Close	2.200
Day's Range	2.180 - 2.290
52-Week Range	2.053 - 26.930
Beta	0.28
Analysts	Strong Buy
Price Target	119.00 (+5,260.36%)
Earnings Date	Nov 15, 2024

About RELI

Reliance Global Group, Inc. focuses in the acquisition and management of wholesale and retail insurance agencies in the United States. It provides agency services for insurance products in the 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.

• Industry: Insurance Brokers
• Sector: Financials
• Founded: 2013
• Employees: 67
• Stock Exchange: NASDAQ
• Ticker Symbol: RELI
• Website: https://www.relianceglobalgroup.com

Financial Performance

In 2023, Reliance Global Group's revenue was $13.73 million, an increase of 16.75% compared to the previous year's $11.76 million. Losses were -$14.55 million, 3034.6% more than in 2022.

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

(5,260.36% upside)

Analyst Consensus: Strong Buy