Real Brokerage (NASDAQ:REAX) Raised to Strong-Buy at B. Riley

Real Brokerage (NASDAQ:REAX - Get Free Report) was upgraded by investment analysts at B. Riley to a "strong-buy" rating in a report released on Tuesday, Marketbeat.com reports. B. Riley also issued estimates for Real Brokerage's Q2 2025 earnings at $0.00 EPS, Q3 2025 earnings at $0.00 EPS, Q4 2025 earnings at ($0.01) EPS, FY2025 earnings at ($0.03) EPS, Q1 2026 earnings at ($0.02) EPS, Q2 2026 earnings at $0.01 EPS, Q3 2026 earnings at $0.02 EPS, Q4 2026 earnings at $0.01 EPS, FY2026 earnings at $0.03 EPS, FY2027 earnings at $0.12 EPS, FY2028 earnings at $0.23 EPS and FY2029 earnings at $0.33 EPS.

Separately, Jones Trading restated a "buy" rating and issued a $6.00 target price on shares of Real Brokerage in a research note on Thursday, March 6th.

Real Brokerage Stock Up 2.3%

REAX stock traded up $0.10 during midday trading on Tuesday, reaching $4.50. The company had a trading volume of 3,562,051 shares, compared to its average volume of 901,892. The stock has a 50 day moving average price of $4.27 and a 200 day moving average price of $4.54. Real Brokerage has a fifty-two week low of $3.80 and a fifty-two week high of $6.75. The firm has a market capitalization of $889.88 million, a PE ratio of -64.29 and a beta of 1.04.

Real Brokerage (NASDAQ:REAX - Get Free Report) last issued its earnings results on Thursday, May 8th. The company reported ($0.02) EPS for the quarter, beating analysts' consensus estimates of ($0.05) by $0.03. Real Brokerage had a negative return on equity of 49.13% and a negative net margin of 1.09%. The company had revenue of $353.98 million during the quarter, compared to the consensus estimate of $332.92 million. Research analysts predict that Real Brokerage will post -0.1 EPS for the current year.

Real Brokerage declared that its Board of Directors has initiated a stock buyback program on Friday, May 30th that allows the company to buyback $150.00 million in shares. This buyback authorization allows the company to repurchase up to 17.8% of its stock through open market purchases. Stock buyback programs are typically an indication that the company's management believes its stock is undervalued.

Hedge Funds Weigh In On Real Brokerage

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Rhumbline Advisers boosted its position in shares of Real Brokerage by 20.7% during the first quarter. Rhumbline Advisers now owns 150,008 shares of the company's stock worth $609,000 after buying an additional 25,684 shares during the period. Strs Ohio acquired a new position in shares of Real Brokerage during the first quarter worth approximately $72,000. Jane Street Group LLC boosted its position in shares of Real Brokerage by 568.3% during the first quarter. Jane Street Group LLC now owns 129,153 shares of the company's stock worth $524,000 after buying an additional 109,826 shares during the period. Optimize Financial Inc acquired a new position in shares of Real Brokerage during the first quarter worth approximately $125,000. Finally, NewEdge Advisors LLC boosted its position in shares of Real Brokerage by 628.0% during the first quarter. NewEdge Advisors LLC now owns 75,089 shares of the company's stock worth $305,000 after buying an additional 64,775 shares during the period. 53.28% of the stock is currently owned by institutional investors and hedge funds.

About Real Brokerage

The Real Brokerage Inc, together with its subsidiaries, operates as a real estate technology company in the United States and Canada. It operates in three segments: North American Brokerage, Real Title, and One Real Mortgage. It offers brokerage, title, and mortgage broker services. The company is based in Miami, Florida.