eXp World (NASDAQ:EXPI - Get Free Report) released its quarterly earnings data on Wednesday. The technology company reported ($0.02) EPS for the quarter, beating the consensus estimate of ($0.03) by $0.01, Briefing.com reports. The company had revenue of $943.10 million during the quarter, compared to the consensus estimate of $893.24 million. eXp World had a positive return on equity of 0.09% and a negative net margin of 0.21%. The firm's revenue for the quarter was up 11.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.01 EPS.
eXp World Trading Up 10.8 %
Shares of NASDAQ:EXPI traded up $1.10 on Thursday, hitting $11.25. The company had a trading volume of 2,368,327 shares, compared to its average volume of 1,102,826. The stock has a 50 day moving average price of $10.71 and a 200 day moving average price of $12.53. The stock has a market cap of $1.71 billion, a price-to-earnings ratio of -187.83 and a beta of 2.29. eXp World has a 1-year low of $8.91 and a 1-year high of $25.39.
eXp World Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Friday, March 8th were given a dividend of $0.05 per share. The ex-dividend date of this dividend was Thursday, March 7th. This represents a $0.20 dividend on an annualized basis and a yield of 1.78%. eXp World's dividend payout ratio (DPR) is -333.33%.
Wall Street Analyst Weigh In
A number of analysts have commented on the stock. DA Davidson reiterated an "underperform" rating and issued a $11.75 price target on shares of eXp World in a research note on Thursday. TheStreet downgraded shares of eXp World from a "c-" rating to a "d" rating in a research note on Monday, March 4th.
View Our Latest Analysis on eXp World
About eXp World
(
Get Free Report)
eXp World Holdings, Inc, together with its subsidiaries, provides cloud-based real estate brokerage services for residential homeowners and homebuyers. The company operates through North American Realty, International Realty, Virbela, and Other Affiliated Services segments. It provides Virbela, a cloud-based technologies that provides data, lead generation, and marketing tools for real estate agents and employees.
See Also
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider eXp World, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and eXp World wasn't on the list.
While eXp World currently has a "Sell" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat's analysts have just released their top five short plays for May 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.
Get This Free Report
