The Real Brokerage Inc (NASDAQ:REAX)’s traded shares stood at 1.37 million during the last session, with the company’s beta value hitting 1.57. At the close of trading, the stock’s price was $4.41, to imply a decrease of -0.90% or -$0.04 in intraday trading. The REAX share’s 52-week high remains $6.75, putting it -53.06% down since that peak but still an impressive 37.64% since price per share fell to its 52-week low of $2.75. The company has a valuation of $899.64M, with an average of 0.93 million shares in intraday trading volume over the past 10 days and average of 883.94K shares over the past 3 months.
The Real Brokerage Inc (NASDAQ:REAX) trade information
After registering a -0.90% downside in the last session, The Real Brokerage Inc (REAX) has traded red over the past five days. The 5-day price performance for the stock is 2.56%, and -19.53% over 30 days. With these gigs, the year-to-date price performance is -4.13%. Short interest in The Real Brokerage Inc (NASDAQ:REAX) saw shorts transact 2.83 million shares and set a 3.15 days time to cover.
The Real Brokerage Inc (REAX) estimates and forecasts
The rating firms project that company’s revenue will grow 35.79% compared to the previous financial year.
Revenue forecast for the current quarter as set by 4 analysts is 332.92M. Meanwhile, for the current quarter, a total of 4 analyst(s) estimate revenue growth to 463.93M.Earnings reports from the last fiscal year show that sales brought in 200.74M and 340.78M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 65.84% before jumping 36.14% in the following quarter.
REAX Dividends
The Real Brokerage Inc has its next earnings report out on 2025-Mar-05. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
The Real Brokerage Inc (NASDAQ:REAX)’s Major holders
The Real Brokerage Inc insiders hold 21.04% of total outstanding shares, with institutional holders owning 45.16% of the shares at 57.19% float percentage. In total, 45.16% institutions holds shares in the company, led by INSIGHT HOLDINGS GROUP, LLC. As of 2024-06-30, the company held over 34.57 million shares (or 18.2885% of shares), all amounting to roughly $140.37 million.
The next major institution holding the largest number of shares is MAGMA VENTURE PARTNERS GENERAL PARTNER LTD. with 23.68 million shares, or about 12.5264% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $96.14 million.
We also have iShares Russell 2000 ETF and Fidelity Small Cap Index Fund as the top two Mutual Funds with the largest holdings of the The Real Brokerage Inc (REAX) shares. Going by data provided on Dec 31, 2024 , iShares Russell 2000 ETF holds roughly 2.73 shares. This is just over 1.38% of the total shares, with a market valuation of $12.05 million. Data from the same date shows that the other fund manager holds a little less at 1.01, or 0.51% of the shares, all valued at about 4.45 million.
