The Real Brokerage Inc. (NASDAQ:REAX) Given Consensus Recommendation of “Moderate Buy” by Analysts

The Real Brokerage Inc. (NASDAQ:REAX) has received an average rating of “Moderate Buy” from the ten ratings firms that are presently covering the stock, Marketbeat reports. Two investment analysts have rated the stock with a sell recommendation, six have issued a buy recommendation and two have issued a strong buy recommendation on the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $51.50.

Several research analysts recently commented on the stock. Weiss Ratings raised shares of Real Brokerage from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Tuesday, August 11th. JonesTrading increased their price target on shares of Real Brokerage from $4.00 to $40.00 and gave the company a “buy” rating in a research report on Tuesday. B. Riley Financial reissued a “buy” rating on shares of Real Brokerage in a report on Friday, May 8th. Zelman & Associates upgraded shares of Real Brokerage to an “outperform” rating in a research report on Friday, August 7th. Finally, Zacks Research downgraded shares of Real Brokerage from a “hold” rating to a “strong sell” rating in a research note on Friday, August 7th.

Institutional Investors Weigh In On Real Brokerage

Several institutional investors and hedge funds have recently bought and sold shares of the business. Merit Financial Group LLC raised its holdings in shares of Real Brokerage by 19.0% during the fourth quarter. Merit Financial Group LLC now owns 19,137 shares of the company’s stock valued at $70,000 after acquiring an additional 3,053 shares in the last quarter. The Manufacturers Life Insurance Company boosted its holdings in Real Brokerage by 9.4% in the second quarter. The Manufacturers Life Insurance Company now owns 36,917 shares of the company’s stock valued at $166,000 after acquiring an additional 3,173 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Real Brokerage by 6.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 60,673 shares of the company’s stock valued at $246,000 after purchasing an additional 3,746 shares during the period. Russell Investments Group Ltd. increased its position in Real Brokerage by 4.8% during the 2nd quarter. Russell Investments Group Ltd. now owns 94,409 shares of the company’s stock valued at $426,000 after purchasing an additional 4,304 shares during the period. Finally, Strs Ohio raised its holdings in Real Brokerage by 31.5% in the 4th quarter. Strs Ohio now owns 23,400 shares of the company’s stock worth $85,000 after purchasing an additional 5,600 shares in the last quarter. Hedge funds and other institutional investors own 53.28% of the company’s stock.

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 Price Performance

REAX opened at $28.43 on Wednesday. The stock’s 50 day simple moving average is $20.48 and its 200 day simple moving average is $22.13. The firm has a market cap of $6.20 billion, a price-to-earnings ratio of -406.14 and a beta of 0.78. Real Brokerage has a 1 year low of $15.50 and a 1 year high of $54.05.

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

About Real Brokerage

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.