HC Wainwright Forecasts reAlpha Tech FY2027 Earnings

reAlpha Tech Corp. (NASDAQ:AIRE) – Equities research analysts at HC Wainwright issued their FY2027 earnings estimates for shares of reAlpha Tech in a report issued on Monday, March 16th. HC Wainwright analyst S. Buck anticipates that the company will post earnings per share of ($0.07) for the year. HC Wainwright currently has a “Buy” rating and a $2.00 price target on the stock. The consensus estimate for reAlpha Tech’s current full-year earnings is ($0.16) per share.

reAlpha Tech (NASDAQ:AIRE) last released its earnings results on Thursday, March 12th. The company reported ($0.01) EPS for the quarter, topping the consensus estimate of ($0.03) by $0.02. reAlpha Tech had a negative return on equity of 346.03% and a negative net margin of 389.38%.The firm had revenue of $0.89 million during the quarter, compared to analysts’ expectations of $0.94 million.

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of reAlpha Tech in a research note on Monday, December 29th. One research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $1.63.

reAlpha Tech Stock Performance

NASDAQ AIRE opened at $0.34 on Tuesday. The company has a fifty day moving average of $0.36 and a two-hundred day moving average of $0.52. The company has a market capitalization of $44.80 million, a PE ratio of -1.54 and a beta of -3.36. reAlpha Tech has a 1 year low of $0.14 and a 1 year high of $1.80. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.70 and a quick ratio of 2.70.

Hedge Funds Weigh In On reAlpha Tech

A number of large investors have recently modified their holdings of AIRE. Virtu Financial LLC boosted its position in shares of reAlpha Tech by 56.1% in the fourth quarter. Virtu Financial LLC now owns 178,189 shares of the company’s stock worth $74,000 after buying an additional 64,039 shares during the period. State Street Corp lifted its stake in reAlpha Tech by 49.9% during the fourth quarter. State Street Corp now owns 242,650 shares of the company’s stock worth $101,000 after purchasing an additional 80,800 shares during the last quarter. Scientech Research LLC bought a new stake in shares of reAlpha Tech during the 3rd quarter valued at about $87,000. Finally, Geode Capital Management LLC raised its position in shares of reAlpha Tech by 120.4% during the 4th quarter. Geode Capital Management LLC now owns 941,337 shares of the company’s stock worth $393,000 after purchasing an additional 514,306 shares during the period. 1.02% of the stock is currently owned by hedge funds and other institutional investors.

reAlpha Tech Company Profile

reAlpha Tech (NASDAQ: AIRE) is a real estate technology company specializing in the acquisition, renovation, and management of single-family rental properties across the United States. The company leverages proprietary data analytics and machine-learning models to identify undervalued houses in high-potential neighborhoods. Once acquired, these properties undergo a standardized renovation process designed to maximize rental value and minimize maintenance expenses, after which they are added to reAlpha’s rental portfolio.

In addition to direct property ownership, reAlpha Tech offers a subscription-based investment platform that enables accredited and non-accredited investors to participate in fractional ownership of residential real estate assets.