The Real Brokerage Inc (NASDAQ:REAX) does about 928.35K shares in volume on a normal day but saw 1317683 shares change hands in the recent trading day. The company now has a market cap of 816.55M USD. Its current market price is $3.96, marking a decrease of -1.25% compared to the previous close of $4.01. 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 39.08% 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 -5.09%, -8.45%, and -19.11% 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 down -6.82% over the week and -8.55% over the past month. Its price is -13.91% year-to-date and -5.71% 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 $517.64M, which analysts say will come at $1.81B for the current fiscal year and next year at $2.11B. In addition, estimates put the company’s current quarterly revenue at an average of $489.07M.
To reach the target analysts have set, the stock logically needs to grow 39.08 percent from here.
The company has a return on investment of -47.05% and return on equity of -52.95%. The forward price to earnings ratio is 198.00. The beta has a value of 1.51. Price to book ratio is 24.81 and price to sales ratio is 0.58.
