Real REMAX Group (NASDAQ:REAX) Stock Moved Down to “Sell” by Wall Street Zen

Real REMAX Group (NASDAQ:REAX) was downgraded by equities researchers at Wall Street Zen from a “hold” rating to a “sell” rating in a research note issued to investors on Saturday, Wall Street Zen reports.

Several other equities research analysts have also recently issued reports on REAX. Citizens Jmp initiated coverage on shares of Real REMAX Group in a research note on Wednesday, October 14th. They set a “market outperform” rating and a $40.00 target price on the stock. BTIG Research reduced their price objective on Real REMAX Group from $35.00 to $25.00 and set a “buy” rating for the company in a research note on Thursday. Compass Point set a $40.00 price objective on shares of Real REMAX Group in a research report on Wednesday, October 14th. JonesTrading lowered their price objective on shares of Real REMAX Group from $40.00 to $25.75 and set a “buy” rating for the company in a research note on Thursday. Finally, Zelman & Associates cut Real REMAX Group from an “outperform” rating to a “neutral” rating in a research note on Wednesday, October 21st. Two equities research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $37.62.

Real REMAX Group Trading Down 14.5%

Shares of REAX opened at $12.66 on Friday. Real REMAX Group has a 12-month low of $12.35 and a 12-month high of $45.00. The firm has a 50-day moving average price of $16.65 and a 200 day moving average price of $21.53. The firm has a market capitalization of $275.86 million, a P/E ratio of -4.29 and a beta of 0.83.

Real REMAX Group (NASDAQ:REAX) last posted its earnings results on Tuesday, June 30th. The company reported ($0.30) EPS for the quarter. Real REMAX Group had a negative return on equity of 25.32% and a negative net margin of 0.72%. The business had revenue of $700.58 million for the quarter. Equities research analysts predict that Real REMAX Group will post -0.50 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Real REMAX Group news, major shareholder David L. Liniger sold 52,876 shares of the company’s stock in a transaction that occurred on Thursday, September 17th. The stock was sold at an average price of $19.12, for a total transaction of $1,010,989.12. Following the sale, the insider owned 5,539,905 shares in the company, valued at $105,922,983.60. This represents a 0.95% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Company insiders own 38.21% of the company’s stock.

Hedge Funds Weigh In On Real REMAX Group

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Principal Financial Group Inc. bought a new stake in Real REMAX Group during the first quarter valued at $29,000. Abel Hall LLC purchased a new position in Real REMAX Group during the first quarter worth about $31,000. Royal Bank of Canada boosted its stake in shares of Real REMAX Group by 126.1% during the first quarter. Royal Bank of Canada now owns 20,754 shares of the company’s stock worth $52,000 after buying an additional 11,573 shares during the period. Private Client Services LLC lifted its holdings in shares of Real REMAX Group by 61.0% during the 2nd quarter. Private Client Services LLC now owns 36,754 shares of the company’s stock worth $67,000 after acquiring an additional 13,926 shares during the period. Finally, Public Employees Retirement System of Ohio grew its holdings in shares of Real REMAX Group by 28.5% during the first quarter. Public Employees Retirement System of Ohio now owns 14,434 shares of the company’s stock valued at $83,000 after purchasing an additional 3,200 shares during the last quarter. 53.28% of the stock is currently owned by institutional investors and hedge funds.

Real REMAX Group News Roundup

Here are the key news stories impacting Real REMAX Group this week:

• Positive Sentiment: Management targets more than $30 million in synergy savings and projects $175 million–$190 million in adjusted EBITDA for 2027, offering a potential path to improved profitability. Real REMAX 2027 EBITDA and synergy outlook
• Neutral Sentiment: JonesTrading and BTIG lowered their price targets to $25.75 and $25, respectively, but maintained Buy ratings. The cuts temper the bullish view, though both targets remain well above the cited $12.66 share price.
• Negative Sentiment: Q3 EPS was a loss of $2.25, far below the consensus estimate of $0.15 profit. Revenue of $727.9 million topped expectations, but the earnings shortfall may weigh on investor confidence. Q3 results
• Negative Sentiment: Guidance fell short of forecasts: Q4 2026 revenue is projected at $575 million–$625 million versus a $623.5 million consensus, while 2027 revenue guidance of $2.6 billion–$2.8 billion is below the $2.9 billion estimate.
• Negative Sentiment: Reports cited agent departures and a “very challenging” 2027 outlook, raising concerns about retention and growth. Real REMAX braces for a challenging 2027

Real REMAX Group Company Profile

Real Brokerage Inc is a technology-powered residential real estate brokerage serving real estate agents and their clients in the United States and Canada. The company operates through a cloud-based model that enables agents to manage their businesses remotely while providing brokerage services for home buyers and sellers.

Real’s platform is designed to support key aspects of the real estate transaction process, including lead management, transaction coordination, document management, communication and collaboration.