The Real Brokerage Inc (NASDAQ:REAX) does about 935.47K shares in volume on a normal day but saw 1196515 shares change hands in the recent trading day. The company now has a market cap of 909.34M USD. Its current market price is $4.41, marking an increase of 3.28% compared to the previous close of $4.27. The 52 week high reached by this stock is $6.75 whilst the lowest price level in 52 weeks is $3.55.
The consensus objective for the share price is $6.50, suggesting that the stock has a potential upside of 32.15% over the period.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on December 18, 2024 when BTIG Research initiated the stock to “Buy” and issued a price target of $6.
The current price level is 3.56%, 1.47%, and -11.91% away from its SMA20, SMA50, and SMA200 respectively, with the REAX price moving above the 50-day SMA on current market day. The Real Brokerage Inc (REAX) stock is up 6.01% over the week and 0.68% over the past month. Its price is -4.13% year-to-date and -8.32% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year. Expected sales for next quarter are $504.75M, which analysts say will come at $1.78B for the current fiscal year and next year at $2.05B. In addition, estimates put the company’s current quarterly revenue at an average of $476.87M.
To reach the target analysts have set, the stock logically needs to grow 32.15 percent from here.
Outstanding shares total 205.16M with insiders holding 19.42% of the shares and institutional holders owning 43.18% of the company’s common stock. The company has a return on investment of -47.05% and return on equity of -52.95%. The forward price to earnings ratio is 220.50. The beta has a value of 1.52. Price to book ratio is 27.62 and price to sales ratio is 0.64.
