NYSE:RELY Remitly Global (RELY) Stock Price, News & Analysis → top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL) (From Traders Agency) (Ad) Free RELY Stock Alerts Notice: This company has been marked as potentially delisted and may not be actively trading. Add Compare Share Share Today's Range$18.30▼$18.7050-Day Range$0.43▼$0.4352-Week Range$0.23▼$6.70Volume727,095 shsAverage Volume923,571 shsMarket Capitalization$3.47 billionP/E RatioN/ADividend YieldN/APrice Target$27.60 Stock AnalysisStock AnalysisAnalyst ForecastsCompetitorsEarningsHeadlinesInsider TradesOptions ChainOwnershipSocial MediaStock AnalysisAnalyst ForecastsCompetitorsEarningsHeadlinesInsider TradesOptions ChainOwnershipSocial Media Get Remitly Global alerts: Email Address Remitly Global MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.73 Rating ScoreUpside/Downside50.0% Upside$27.60 Price TargetShort InterestN/ADividend StrengthN/ASustainabilityN/ANews Sentiment0.00Based on 6 Articles This WeekInsider TradingSelling Shares$3.38 M Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.38) to ($0.07) Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.48 out of 5 starsBusiness Services Sector180th out of 305 stocksBusiness Services, Not Elsewhere Classified Industry55th out of 85 stocks 4.4 Analyst's Opinion Consensus RatingRemitly Global has received a consensus rating of Moderate Buy. The company's average rating score is 2.73, and is based on 9 buy ratings, 1 hold rating, and 1 sell rating.Amount of Analyst CoverageRemitly Global has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for RELY. Previous Next 0.0 Dividend Strength Dividend YieldRemitly Global does not currently pay a dividend.Dividend GrowthRemitly Global does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for RELY. Previous Next 0.6 News and Social Media Coverage News Coverage This WeekMarketBeat has tracked 6 news articles for Remitly Global this week, compared to 8 articles on an average week.Search Interest9 people have searched for RELY on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Remitly Global to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Remitly Global insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $3,375,154.00 in company stock.Percentage Held by InsidersOnly 8.60% of the stock of Remitly Global is held by insiders.Percentage Held by Institutions74.25% of the stock of Remitly Global is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Remitly Global are expected to grow in the coming year, from ($0.38) to ($0.07) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Remitly Global is -27.88, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Remitly Global is -27.88, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioRemitly Global has a P/B Ratio of 6.43. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Traders Agencytop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.Click here now for the full details of this stock that’s set to rocket in the AI revolution… About Remitly Global Stock (NYSE:RELY)Remitly Global, Inc. provides digital financial services for immigrants and their families. It primarily offers cross-border remittance services in approximately 170 countries. The company was incorporated in 2011 and is headquartered in Seattle, Washington.Read More Ad Crypto 101 MediaIncredible Opportunity to Retire FAST!A brand-new guide from the host of one of the world's largest cryptocurrency podcasts lays out an action plan that could help you retire quickly and comfortably in today's crypto market.Click here to get instant access to the guide RELY Stock News HeadlinesApril 20, 2024 | msn.comThese Popular Stocks Are Dropping: What To Buy InsteadApril 17, 2024 | globenewswire.comRemitly to Report First Quarter Financial Results on Wednesday, May 1, 2024April 23, 2024 | Crypto 101 Media (Ad)Incredible Opportunity to Retire FAST!A brand-new guide from the host of one of the world's largest cryptocurrency podcasts lays out an action plan that could help you retire quickly and comfortably in today's crypto market.April 17, 2024 | benzinga.com5 Analysts Have This To Say About Remitly GlobalApril 17, 2024 | nasdaq.comRelative Strength Alert For Remitly GlobalApril 16, 2024 | finance.yahoo.comOne Remitly Global Insider Raised Stake By 17% In Previous YearApril 11, 2024 | finance.yahoo.comOnline Marketplace Stocks Q4 Earnings: MercadoLibre (NASDAQ:MELI) Firing on All CylindersApril 2, 2024 | msn.com3 Best Stocks to Buy Now, 4/2/2024, According to Top AnalystsApril 23, 2024 | Crypto 101 Media (Ad)Incredible Opportunity to Retire FAST!A brand-new guide from the host of one of the world's largest cryptocurrency podcasts lays out an action plan that could help you retire quickly and comfortably in today's crypto market.March 28, 2024 | finance.yahoo.comOnline Marketplace Stocks Q4 In Review: Remitly (NASDAQ:RELY) Vs PeersMarch 22, 2024 | investorplace.com3 Stocks That Could Make You Richer Than Your Wildest DreamsMarch 21, 2024 | investing.comRemitly global EVP sells shares worth over $300kMarch 20, 2024 | markets.businessinsider.comA Closer Look at 6 Analyst Recommendations For Remitly GlobalMarch 19, 2024 | finance.yahoo.comEVP, Customer and Culture Rene Yoakum Sells 15,000 Shares of Remitly Global Inc (RELY)March 14, 2024 | markets.businessinsider.comBuy Rating Affirmed for Remitly Global Amid Strong Q4 Results and Promising Growth TrajectoryMarch 13, 2024 | finance.yahoo.comSkillz (SKLZ) Q4 Earnings Report Preview: What To Look ForMarch 10, 2024 | finance.yahoo.comPlayStudios (MYPS) Q4 Earnings: What To ExpectFebruary 27, 2024 | investorplace.com7 Little-Known Growth Stocks With Triple-Digit Upside PotentialFebruary 27, 2024 | finance.yahoo.comRemitly Global, Inc. (NASDAQ:RELY) Q4 2023 Earnings Call TranscriptFebruary 26, 2024 | realmoney.thestreet.comRemitly Global price target raised by $4 at Barclays, here's whyFebruary 23, 2024 | finance.yahoo.comRemitly Global Full Year 2023 Earnings: EPS Beats ExpectationsFebruary 22, 2024 | globenewswire.comRemitly Announces Upcoming Investor Conference ParticipationFebruary 22, 2024 | fool.comWhy Remitly Global Stock Was Soaring TodayFebruary 22, 2024 | finanznachrichten.deRemitly Global, Inc.: Remitly Reports Fourth Quarter and Full Year 2023 ResultsFebruary 22, 2024 | benzinga.com5RELY : What 5 Analyst Ratings Have To Say About Remitly GlobalFebruary 22, 2024 | msn.comRemitly Global stock jumps as Q4 results impress; BMO upgrades to OutperformFebruary 22, 2024 | finance.yahoo.comRemitly (RELY) Shares Skyrocket, What You Need To KnowSee More Headlines Receive RELY Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Remitly Global and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/21/2024Today4/23/2024Next Earnings (Confirmed)5/01/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorBusiness Services Industry Business services, not elsewhere classified Sub-IndustryN/A Current SymbolNYSE:RELY CUSIPN/A CIK38984 Webrealindustryinc.com Phone+1-805-4351255FaxN/AEmployees2,700Year FoundedN/APrice Target and Rating Average Stock Price Target$27.60 High Stock Price Target$34.00 Low Stock Price Target$19.00 Potential Upside/Downside+50.0%Consensus RatingModerate Buy Rating Score (0-4)2.73 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)($0.66) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-117,840,000.00 Net Margins-12.48% Pretax Margin-11.85% Return on Equity-22.81% Return on Assets-13.99% Debt Debt-to-Equity Ratio0.25 Current Ratio2.54 Quick Ratio2.54 Sales & Book Value Annual Sales$944.28 million Price / Sales3.67 Cash FlowN/A Price / Cash FlowN/A Book Value$2.86 per share Price / Book6.43Miscellaneous Outstanding Shares188,510,000Free Float172,294,000Market Cap$3.47 billion OptionableOptionable Beta0.16 The Next 7 Blockbuster Stocks for Growth InvestorsWondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.Get This Free Report Key ExecutivesMr. Matthew B. Oppenheimer (Age 39)Co-Founder, CEO, Pres & Director Comp: $293.12kMr. Joshua Hug (Age 43)Co-Founder, COO & Director Comp: $297.81kMr. Hemanth MunipalliChief Financial OfficerMr. Ankur SinhaChief Technology OfficerMs. Rene Yoakum (Age 63)EVP of Customer & Culture Comp: $291.56kMs. Gail A. MillerChief Accounting OfficerMr. Stephen M. ShulsteinVP of Investor RelationsMs. Saema Somalya (Age 46)Exec. VP of Legal & Risk and Sec. Ms. Rina HahnChief Marketing OfficerMr. Karim Meghji (Age 54)Exec. Advisor More ExecutivesKey CompetitorsEnvestnetNYSE:ENVConcentrixNASDAQ:CNXCCBIZNYSE:CBZDLocalNASDAQ:DLOFlywireNASDAQ:FLYWView All CompetitorsInsiders & InstitutionsRene YoakumSold 15,000 sharesTotal: $280,050.00 ($18.67/share)Joshua HugSold 20,000 sharesTotal: $420,600.00 ($21.03/share)Renaissance Capital LLCBought 4,419 shares on 4/9/2024Ownership: 0.047%Joshua HugSold 20,000 sharesTotal: $408,400.00 ($20.42/share)Joshua HugSold 20,000 sharesTotal: $415,600.00 ($20.78/share)View All Insider TransactionsView All Institutional Transactions RELY Stock Analysis - Frequently Asked Questions Should I buy or sell Remitly Global stock right now? 11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Remitly Global in the last twelve months. There are currently 1 sell rating, 1 hold rating and 9 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" RELY shares. View RELY analyst ratings or view top-rated stocks. What is Remitly Global's stock price target for 2024? 11 brokerages have issued 12-month price objectives for Remitly Global's stock. Their RELY share price targets range from $19.00 to $34.00. On average, they predict the company's share price to reach $27.60 in the next year. This suggests a possible upside of 50.0% from the stock's current price. View analysts price targets for RELY or view top-rated stocks among Wall Street analysts. When is Remitly Global's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024. View our RELY earnings forecast. How can I listen to Remitly Global's earnings call? Remitly Global will be holding an earnings conference call on Wednesday, May 1st at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link. How were Remitly Global's earnings last quarter? Remitly Global, Inc. (NYSE:RELY) issued its quarterly earnings data on Wednesday, February, 21st. The financial services provider reported ($0.19) earnings per share for the quarter, missing the consensus estimate of ($0.17) by $0.02. The financial services provider had revenue of $264.76 million for the quarter, compared to the consensus estimate of $261.35 million. Remitly Global had a negative trailing twelve-month return on equity of 22.81% and a negative net margin of 12.48%. The firm's revenue for the quarter was up 38.6% on a year-over-year basis. During the same period in the previous year, the business earned ($0.11) earnings per share. What ETFs hold Remitly Global's stock? ETFs with the largest weight of Remitly Global (NYSE:RELY) stock in their portfolio include AOT Growth & Innovation ETF (AOTG) and Renaissance IPO ETF (IPO).Fidelity Disruptive Finance ETF (FDFF). What guidance has Remitly Global issued on next quarter's earnings? Remitly Global updated its FY 2024 earnings guidance on Wednesday, February, 21st. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.2 billion-$1.3 billion, compared to the consensus revenue estimate of $1.2 billion. When did Remitly Global IPO? Remitly Global (RELY) raised $487 million in an initial public offering (IPO) on Thursday, September 23rd 2021. The company issued 12,162,777 shares at a price of $38.00-$42.00 per share. Who are Remitly Global's major shareholders? Remitly Global's stock is owned by a number of institutional and retail investors. Top institutional investors include Renaissance Capital LLC (0.05%). Insiders that own company stock include Ankur Sinha, Hemanth Munipalli, Joshua Hug, Matthew B Oppenheimer, Nigel W Morris, Pankaj Sharma, Rene Yoakum and William Kazuo Bryant. View institutional ownership trends. This page (NYSE:RELY) was last updated on 4/23/2024 by MarketBeat.com Staff From Our PartnersThe Best AI Stock to Own in the World Today is Trading for Just $25Banyan Hill PublishingHealthcare Takes A Big Step Forward With The Help Of AIThe Bull Reporttop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)Traders AgencyDid You Get Your Free Bitcoin Yet?Crypto Swap Profits[Shocking] Elon Musk’s Plan To End BanksCrypto 101 MediaForget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THISParadigm PressMan Who Predicted 2008: “This Will be Worse.”AltimetryThe #1 Crypto for 2024InvestorPlace Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Remitly Global, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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