The Real Brokerage Inc. (NASDAQ:REAX) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of The Real Brokerage Inc. (NASDAQ:REAX) have been given an average recommendation of “Moderate Buy” by the ten research firms that are covering the company, MarketBeat.com reports. Two investment analysts have rated the stock with a sell rating, six have issued a buy rating and two have assigned a strong buy rating to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $51.50.

A number of equities research analysts have weighed in on the company. JonesTrading raised their price target on Real Brokerage from $4.00 to $40.00 and gave the company a “buy” rating in a research report on Tuesday. Zacks Research cut Real Brokerage from a “hold” rating to a “strong sell” rating in a report on Friday, August 7th. Edward Jones reduced their price objective on Real Brokerage from $50.00 to $40.00 and set a “buy” rating on the stock in a research report on Thursday, August 6th. Weiss Ratings raised Real Brokerage from a “sell (e+)” rating to a “sell (d-)” rating in a report on Tuesday, August 11th. Finally, B. Riley Financial restated a “buy” rating on shares of Real Brokerage in a research report on Friday, May 8th.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in REAX. Principal Financial Group Inc. purchased a new stake in shares of Real Brokerage in the 1st quarter valued at $29,000. Abel Hall LLC purchased a new position in Real Brokerage in the 1st quarter worth $31,000. SmartHarvest Portfolios LLC purchased a new position in Real Brokerage in the 1st quarter worth $38,000. Xponance LLC bought a new stake in Real Brokerage in the fourth quarter worth $38,000. Finally, Hudson Bay Capital Management LP bought a new stake in Real Brokerage in the fourth quarter worth $41,000. 53.28% of the stock is owned by hedge funds and other institutional investors.

Real Brokerage Price Performance

Shares of NASDAQ:REAX opened at $28.43 on Wednesday. The company’s fifty day moving average price is $20.48 and its 200-day moving average price is $22.13. The firm has a market capitalization of $6.20 billion, a price-to-earnings ratio of -406.14 and a beta of 0.78. Real Brokerage has a one year low of $15.50 and a one year high of $54.05.

Real Brokerage (NASDAQ:REAX) last posted its quarterly earnings data on Tuesday, June 30th. The company reported ($3.00) earnings per share (EPS) for the quarter. Real Brokerage had a negative return on equity of 25.32% and a negative net margin of 0.72%.The company had revenue of $700.58 million for the quarter. As a group, equities research analysts expect that Real Brokerage will post -0.05 EPS for the current year.

Key Headlines Impacting Real Brokerage

Here are the key news stories impacting Real Brokerage this week:

• Positive Sentiment: Merger completed: Real Brokerage and RE/MAX Holdings have completed their business combination, creating Real REMAX Group. The transaction combines Real’s technology-driven brokerage platform with the established RE/MAX brand and is expected to expand the company’s scale and market reach. Real REMAX Group closes merger, REAX begins trading Aug. 25
• Positive Sentiment: $450 million repurchase authorization: Real REMAX Group authorized up to $450 million in share buybacks, signaling management’s confidence in the combined company and potentially providing support for earnings per share and the stock valuation. Real REMAX Group Announces $450 Million Share Repurchase Authorization
• Positive Sentiment: Major price-target increase: JonesTrading raised its target for REAX from $4 to $40 and assigned a “buy” rating. The aggressive revision reflects heightened expectations following the merger, although the size of the increase may also contribute to elevated volatility.
• Neutral Sentiment: Trading halt: Trading in REAX was temporarily halted with a “News Pending” designation before the merger-related developments were disclosed. Such halts are typically used to allow investors to receive material information simultaneously.
• Neutral Sentiment: Short-interest data appears unreliable: Reported short interest was zero shares, unchanged from the prior period, with a zero-day days-to-cover ratio. The accompanying “NaN” percentage change suggests a data-quality issue rather than a meaningful change in bearish positioning.

Real Brokerage Company Profile

Real Brokerage Inc is a publicly traded, cloud-based residential real estate brokerage headquartered in Toronto, Canada, with operations across the United States and Canada. The company’s platform offers licensed real estate professionals a fully integrated suite of digital tools designed to streamline every phase of the property transaction process, from lead generation to closing.

Through its proprietary technology, Real Brokerage provides agents with transaction management, customer relationship management, digital marketing automation and real-time analytics in a single, user-friendly interface.