FY2025 Earnings Estimate for The Real Brokerage Inc. Issued By William Blair (NASDAQ:REAX)

The Real Brokerage Inc. (NASDAQ:REAX) – William Blair cut their FY2025 earnings per share (EPS) estimates for Real Brokerage in a research note issued to investors on Thursday, November 9th. William Blair analyst S. Sheldon now forecasts that the company will post earnings of $0.00 per share for the year, down from their previous estimate of $0.03. The consensus estimate for Real Brokerage’s current full-year earnings is ($0.13) per share.

Separately, Jonestrading reissued a “buy” rating and issued a $2.50 price target on shares of Real Brokerage in a research note on Thursday, October 26th.

Real Brokerage Stock Performance

Shares of REAX opened at $1.47 on Monday. Real Brokerage has a 52-week low of $1.00 and a 52-week high of $1.99. The business’s 50 day moving average price is $1.56 and its two-hundred day moving average price is $1.57. The firm has a market cap of $264.48 million, a PE ratio of -12.25 and a beta of 1.15.

Hedge Funds Weigh In On Real Brokerage

Institutional investors have recently modified their holdings of the company. LPL Financial LLC acquired a new position in shares of Real Brokerage during the second quarter worth approximately $29,000. Wells Fargo & Company MN raised its position in shares of Real Brokerage by 58.3% during the second quarter. Wells Fargo & Company MN now owns 19,000 shares of the company’s stock worth $36,000 after purchasing an additional 7,000 shares during the period. Bank of Montreal Can acquired a new position in shares of Real Brokerage during the second quarter worth approximately $37,000. Geode Capital Management LLC raised its position in shares of Real Brokerage by 19.6% during the second quarter. Geode Capital Management LLC now owns 52,118 shares of the company’s stock worth $99,000 after purchasing an additional 8,527 shares during the period. Finally, HBK Sorce Advisory LLC acquired a new position in shares of Real Brokerage during the first quarter worth approximately $105,000. 33.04% of the stock is owned by institutional investors and hedge funds.

About Real Brokerage

The Real Brokerage Inc, together with its subsidiaries, operates as a technology-powered real estate brokerage company. It offers brokerage services for the real estate market through a network of agents. The company provides agents a mobile focused tech-platform to run the business. It operates in the United States, the District of Columbia, and Canada.