Real REMAX Group (NASDAQ:REAX – Free Report) had its price target cut by BTIG Research from $35.00 to $25.00 in a research report report published on Thursday,Benzinga reports. They currently have a buy rating on the stock.
Several other analysts have also commented on the stock. Weiss Ratings raised shares of Real REMAX Group from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Tuesday, September 8th. Zelman & Associates lowered Real REMAX Group from an “outperform” rating to a “neutral” rating in a report on Wednesday, October 21st. Wall Street Zen upgraded shares of Real REMAX Group to a “hold” rating in a report on Saturday, September 5th. Edward Jones lowered their price objective on Real REMAX Group from $50.00 to $40.00 and set a “buy” rating for the company in a research report on Thursday, August 6th. Finally, Zacks Research raised shares of Real REMAX Group from a “strong sell” rating to a “hold” rating in a research report on Monday, September 7th. Two investment analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $40.00.
View Our Latest Stock Report on REAX
Real REMAX Group Price Performance
NASDAQ:REAX opened at $14.80 on Thursday. The company has a 50 day moving average price of $16.87 and a 200-day moving average price of $21.64. Real REMAX Group has a 1-year low of $13.25 and a 1-year high of $45.00. The firm has a market cap of $322.55 million, a price-to-earnings ratio of -21.14 and a beta of 0.83.
Real REMAX Group (NASDAQ:REAX – Get Free Report) last posted its quarterly earnings data on Tuesday, June 30th. The company reported ($0.30) EPS for the quarter. The firm had revenue of $700.58 million for the quarter. Real REMAX Group had a negative return on equity of 25.32% and a negative net margin of 0.72%. On average, sell-side analysts anticipate that Real REMAX Group will post -0.45 earnings per share for the current fiscal year.
Insider Buying and Selling
In other news, major shareholder David L. Liniger sold 52,876 shares of Real REMAX Group stock in a transaction 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 completion of the transaction, the insider owned 5,539,905 shares of the company’s stock, valued at $105,922,983.60. The trade was a 0.95% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 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 modified their holdings of the company. Principal Financial Group Inc. bought a new stake in shares of Real REMAX Group in the 1st quarter worth approximately $29,000. Abel Hall LLC acquired a new position in Real REMAX Group during the 1st quarter worth $31,000. Royal Bank of Canada increased its holdings 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 valued at $52,000 after purchasing an additional 11,573 shares during the period. Private Client Services LLC raised its stake in shares of Real REMAX Group by 61.0% during the second quarter. Private Client Services LLC now owns 36,754 shares of the company’s stock valued at $67,000 after purchasing an additional 13,926 shares in the last quarter. Finally, Public Employees Retirement System of Ohio lifted its holdings in Real REMAX Group by 28.5% in the first quarter. Public Employees Retirement System of Ohio now owns 14,434 shares of the company’s stock worth $83,000 after purchasing an additional 3,200 shares during the period. Hedge funds and other institutional investors own 53.28% of the company’s stock.
Key Real REMAX Group News
Here are the key news stories impacting Real REMAX Group this week:
- Positive Sentiment: Management projected $175 million–$190 million in 2027 adjusted EBITDA and is targeting more than $30 million in synergies, offering a potential path to improved profitability. Article: Real REMAX projects 2027 adjusted EBITDA
- Neutral Sentiment: BTIG kept its Buy rating but lowered its price target from $35 to $25, signaling a more cautious valuation while remaining positive on potential upside.
- Negative Sentiment: REAX reported a quarterly loss of $2.25 per share, missing the consensus expectation of $0.40 per share. Article: Real REMAX Group Announces Third Quarter 2026 Results
- Negative Sentiment: Revenue guidance also disappointed: Q4 2026 guidance of $575 million–$625 million was below the $623.5 million consensus at its midpoint, while 2027 guidance of $2.6 billion–$2.8 billion trailed the $2.9 billion estimate. Executives also described 2027 as challenging and addressed agent attrition. Article: 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.
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