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Reliance Global Group, Inc. (RELI)

NASDAQ: RELI · IEX Real-Time Price · USD
2.36 -0.08 (-3.28%)
Oct 22, 2021 4:00 PM EDT - Market closed
Market Cap25.83M
Revenue (ttm)8.12M
Net Income (ttm)-3.50M
Shares Out10.93M
EPS (ttm)-0.52
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume16,301
Open2.37
Previous Close2.44
Day's Range2.30 - 2.48
52-Week Range2.28 - 9.07
Beta-58.32
Analystsn/a
Price Targetn/a
Est. Earnings Daten/a

About RELI

Reliance Global Group, Inc. engages in the acquisition and management of wholesale and retail insurance agencies in the United States. It provides healthcare and Medicare, personal and commercial, trucking and transportation, and employee benefits insurance products. 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.

IndustryInsurance Brokers
Founded2013
Employees3
Stock ExchangeNASDAQ
Ticker SymbolRELI
Full Company Profile

Financial Performance

In 2020, RELI's revenue was $7.28 million, an increase of 63.56% compared to the previous year's $4.45 million. Losses were -$3.70 million, 5.82% more than in 2019.

Financial Statements

News

Reliance Global Group to Present at Dawson James Securities 6th Annual Small Cap Growth Conference on October 21, 2021

LAKEWOOD, N.J., Oct. 19, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Reliance Global Group, Inc. (Nasdaq: RELI; RELIW), which combines AI and cloud-based technologies with the personalized experience o...

4 days ago - GlobeNewsWire

Reliance Global Group Announces Successful Launch of 5MinuteInsure.com in Indiana

Follows Successful Launch in Ohio; Accelerating Rollout to Additional States Near Term

5 days ago - GlobeNewsWire

Reliance Global Group Announces Successful Launch of 5MinuteInsure.com

Customers reported savings of up to 60% on insurance policies

1 month ago - GlobeNewsWire

Reliance Global Group to Present at the H.C. Wainwright 23rd Annual Global Investment Conference

LAKEWOOD, NJ, Sept. 10, 2021 (GLOBE NEWSWIRE) -- via  NewMediaWire --  Reliance Global Group, Inc. (Nasdaq: RELI; RELIW), an insurtech company focused on combining advanced technologies with the persona...

1 month ago - GlobeNewsWire

Reliance Global Group Reports 33.4% Increase in Revenue for the Second Quarter of 2021

On track to commence commercial launch of 5MinuteInsure.com this summer;

2 months ago - GlobeNewsWire

Reliance Global Group Adds Lemonade and Hippo to its 5MinuteInsure.com Platform

On track for commercial launch of 5MinuteInsure.com this summer

2 months ago - GlobeNewsWire

Reliance Global Group Schedules Commercial Launch of 5minuteinsure.com for Q3 2021; Demo Video Now Available Online

LAKEWOOD, N.J., June 08, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Reliance Global Group, Inc. (Nasdaq: RELI; RELIW), which combines AI and cloud-based technologies with the personalized experience o...

4 months ago - GlobeNewsWire

Reliance Global Group Reports 15% Increase in Revenue for the First Quarter of 2021 and Provides Corporate Update

LAKEWOOD, N.J., May 14, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Reliance Global Group, Inc.  (Nasdaq: RELI; RELIW), which combines AI and cloud-based technologies with the personalized experience o...

5 months ago - GlobeNewsWire

Top Penny Stocks For Your May Watchlist? Check These 5 Out

Looking for penny stocks to buy in May 2021? Here's some watchlist inspiration The post Top Penny Stocks For Your May Watchlist?

Other symbols:AHPIALNAPLINTRIB
5 months ago - PennyStocks

Reliance Global Group: Yet Another Promising Acquisition

Reliance Global Group Inc. ( RELI , Financial) continues to pave its way forward by leveraging new partnerships and improving its technology to deliver a seamless digital experience for policy buyers.

5 months ago - GuruFocus

Reliance Global Group Acquires Premier Health Insurance Agency J.P. Kush and Associates, Inc.

LAKEWOOD, N.J., May 13, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Reliance Global Group, Inc. (Nasdaq: RELI; RELIW), an “insurtech” company focused on combining advanced technologies with the persona...

5 months ago - GlobeNewsWire

Reliance Global Group Adds Two Leading National Insurance Carriers to Its 5MinuteInsure.com Platform

LAKEWOOD, NJ, March 26, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire – Reliance Global Group, Inc. (Nasdaq: RELI; RELIW), an insurtech company focused on combining advanced technologies with the personaliz...

6 months ago - GlobeNewsWire

Reliance Global: Ending 2020 With a Bang

Insurance tech player Reliance Global (NASDAQ:RELI) had a highly eventful 2020. The company successfully integrated a series of insurance agency acquisitions into the business and also made strategic in...

Other symbols:GSHDLMND
6 months ago - GuruFocus

Reliance Global Group Reports 63% Increase in Revenue for 2020 and Provides Year-End Business Update

5MinuteInsure.com, through its Reliance Insurtech division, now licensed to sell home and auto insurance in 43 states

6 months ago - GlobeNewsWire

Reliance Global Group's 5MinuteInsure.com Platform Enhanced with Licenses to Sell Home and Auto Insurance Policies in...

LAKEWOOD, NJ, March 15, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire  -- Reliance Global Group, Inc. (Nasdaq: RELI; RELIW), which combines advanced technologies with the personalized experience of a tradit...

7 months ago - GlobeNewsWire

Reliance Global Trades Higher: Technical Levels to Watch

Reliance Global Group Inc. (NASDAQ:RELI) shares were trading higher Wednesday after the company announced that it is expanding sales initiatives that target large enterprises and employee organizations....

7 months ago - Benzinga

Reliance Global Group Expands Sales Initiatives Targeting Large Enterprises and Employee Organizations

SWMIC subsidiary chosen as broker of choice for three additional unions

7 months ago - GlobeNewsWire

Reliance Global Group Announces Appointment of Industry Pioneer and Entrepreneur Moshe Fishman as Director of Insuran...

LAKEWOOD, N.J., Feb. 24, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Reliance Global Group, Inc. (Nasdaq: RELI), a company engaged in the acquisition and management of insurance agencies in the United ...

7 months ago - GlobeNewsWire

Reliance Global: An Underpriced Insurance-Tech Gem

The insurance brokerage industry is one of the oldest and most fragmented industries that has had a very limited penetration of technology over the years. This is the reason why any move by a company in...

8 months ago - GuruFocus

Reliance Global Group Announces Closing of $12.42 Million Underwritten Offering Including Full Exercise of the Underw...

LAKEWOOD, NJ, Feb. 11, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Reliance Global Group, Inc. (Nasdaq: RELI), a company engaged in the acquisition and management of insurance agencies in the United St...

8 months ago - GlobeNewsWire

Reliance Global Group, Inc. Announces Nasdaq Listing and Pricing of $10.8 Million Public Offering

LAKEWOOD, NJ, Feb. 08, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Reliance Global Group, Inc. (NASDAQ: RELI) ("Reliance" or "Company"), a company engaged in the acquisition and management of insurance...

8 months ago - GlobeNewsWire