Streetbeat News

REAX

The Real Brokerage Inc.

https://www.joinreal.com

Industry

Real Estate - Services

The Real Brokerage Inc., together with its subsidiaries, operates as a technology-powered real estate brokerage company. It provides brokerage services for the real estate market through a network of agents. The company offers agents a mobile-focused tech platform to run its business, as well as business terms and wealth-building opportunities. It operates in 42 states in the United States, the District of Columbia, and Canada. The Real Brokerage Inc. is headquartered in Toronto, Canada.

Open

4.85

Mkt cap

993M

Volume

597K

High

5.06

P/E Ratio

-29.53

52-wk high

6.75

Low

4.78

Div yield

N/A

52-wk low

1.28

The Real Brokerage Inc. (REAX) announced the renewal of its normal course issuer bid (NCIB), allowing the repurchase of up to 5% of its outstanding shares, commencing May 29, 2024, for a twelve-month period. This follows the expiration of the current NCIB on May 28, 2024.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 8:54 pm

Beyond, Inc. (NYSE:BYON) shares plummeted over 20% due to disappointing quarterly results, missing both earnings and revenue estimates. Other stocks experienced significant movements, with companies like Golden Sun Health Technology Group Limited (NASDAQ:GSUN) and MMTec, Inc. (NASDAQ:MTC) seeing substantial gains. The article also highlights losers of the day, including Holdco Nuvo Group D.G Ltd (NASDAQ:NUVO) and The Real Good Food Company, Inc. (NASDAQ:RGF), which saw notable declines.

Portfolio Pulse from Avi Kapoor

May 07, 2024 | 6:35 pm

Real Brokerage shares are trading higher after the company reported mixed Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 5:11 pm

Real Brokerage shares are trading lower due to mixed Q1 financial results, indicating a potential short-term negative impact on its stock price.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 3:16 pm

U.S. stocks were higher on Tuesday, with notable gains from Tempur Sealy International, Inc. (TPX) after reporting upbeat quarterly earnings despite a sales decline. Other companies like Great Lakes Dredge & Dock Corporation (GLDD), Dave Inc. (DAVE), and Fabrinet (FN) also saw significant stock price increases following better-than-expected financial results or guidance.

Portfolio Pulse from Avi Kapoor

May 07, 2024 | 2:54 pm

Real Brokerage (NASDAQ:REAX) reported Q1 2024 earnings with a GAAP EPS of $(0.09), missing the $(0.04) estimate by 125%. However, their sales of $200.743M exceeded the $165.259M estimate by 21.47%, marking an 86.14% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 11:27 am

The Real Brokerage Inc. (REAX) announced the joining of Village Premier Collection under its new Private Label Program, aiming to expand its market presence.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 11:34 am

The Real Brokerage, Inc. (NASDAQ:REAX) shares are up after announcing Qamar Group's joining, adding to its growth with the earlier addition of Venture Properties. Qamar Group, with a strong sales record, expands Real's reach into Chicago, Michigan, and Wisconsin. The company is set to release Q1 financial results on May 7, 2024, with expected revenues of $165.26 million. REAX stock has seen a significant increase of over 184% in the past year.

Portfolio Pulse from Nabaparna Bhattacharya

April 19, 2024 | 5:53 pm

The Real Brokerage Inc. (REAX) has expanded its presence in Chicago and the surrounding states by adding Qamar Group to its team. Qamar Group, led by CEO Rafay Qamar and COO Jana Pierce, brings 36 agents and a track record of selling over 1,500 homes valued at $500 million since 2019. The group is recognized among the top 1% of teams in Illinois and has received numerous awards, including the Carly Award from the Chicago Association of Realtors for three consecutive years. This partnership aligns with Real's mission to support agents in growing their businesses and enhancing client service.

Portfolio Pulse from Benzinga Newsdesk

April 19, 2024 | 11:37 am

JonesTrading analyst Matthew Erdner has maintained a Buy rating on Real Brokerage (NASDAQ:REAX) with a maintained price target of $4.

Portfolio Pulse from Benzinga Newsdesk

April 08, 2024 | 6:16 pm

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