In today’s recent session, 0.96 million shares of the Therealreal Inc (NASDAQ:REAL) have been traded, and its beta is 2.89. Most recently the company’s share price was $11.09, and it changed around -$0.09 or -0.81% from the last close, which brings the market valuation of the company to $1.22B. REAL at last check was trading at a discount to its 52-week high of $11.38, offering almost -2.61% off that amount. The share price’s 52-week low was $1.52, which indicates that the recent value has risen by an impressive 86.29% since then. We note from Therealreal Inc’s average daily trading volume that its 10-day average is 3.75 million shares, with the 3-month average coming to 2.81 million.
Therealreal Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.29. If we narrow it down even further, the data shows that 1 out of 9 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 4 recommended REAL as a Hold, whereas 3 deemed it a Buy, and 1 rated it as Underweight.
Therealreal Inc (NASDAQ:REAL) trade information
Instantly REAL has been showing red trend so far today with a performance of -0.81% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 11.38 on recent trading dayincreased the stock’s daily price by 2.55%. The company’s shares are currently up 451.74% year-to-date, but still up 19.50% over the last five days. On the other hand, Therealreal Inc (NASDAQ:REAL) is 88.61% up in the 30-day period. We can see from the shorts that 13.65 million shares have been sold at a short interest cover period of 3.85 day(s).
The consensus price target as assigned by Wall Street analysts is $4, which translates to bulls needing to decrease their stock price by -177.25% from its current value. Analyst projections state that REAL is forecast to be at a low of $3.9 and a high of $15.
Therealreal Inc (REAL) estimates and forecasts
Therealreal Inc share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 242.28 percent over the past six months and at a 12.64% annual growth rate that is well above the industry average of 2.60%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -10.67%. Therealreal Inc earnings are expected to increase by 50.74% in 2024, but the outlook is positive 38.60% per year for the next five years.
REAL Dividends
Therealreal Inc’s next quarterly earnings report is expected to be released in January.
Therealreal Inc (NASDAQ:REAL)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 12.75% of Therealreal Inc shares, and 77.22% of them are in the hands of institutional investors. The stock currently has a share float of 88.51%. Therealreal Inc stock is held by 201.0 institutions, with BLACKROCK INC. being the largest institutional investor. By 2024-06-30, it held 6.5692% of the shares, which is about 6.91 million shares worth $22.05 million.
WOODSON CAPITAL MANAGEMENT, LP, with 4.9899% or 5.25 million shares worth $16.75 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF were the top two Mutual Funds as of Sep 30, 2024 . The former held 2.5 shares worth $27.58 million, making up 2.28% of all outstanding shares. On the other hand, iShares Russell 2000 ETF held roughly 2.48 shares worth around $27.26 million, which represents about 2.26% of the total shares outstanding.
