Latest news with #eXpWorld
Yahoo
21-05-2025
- Business
- Yahoo
Real Estate Services Stocks Q1 Recap: Benchmarking Newmark (NASDAQ:NMRK)
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let's take a look at how Newmark (NASDAQ:NMRK) and the rest of the real estate services stocks fared in Q1. Technology has been a double-edged sword in real estate services. On the one hand, internet listings are effective at disseminating information far and wide, casting a wide net for buyers and sellers to increase the chances of transactions. On the other hand, digitization in the real estate market could potentially disintermediate key players like agents who use information asymmetries to their advantage. The 13 real estate services stocks we track reported a strong Q1. As a group, revenues beat analysts' consensus estimates by 2% while next quarter's revenue guidance was 0.9% below. In light of this news, share prices of the companies have held steady. On average, they are relatively unchanged since the latest earnings results. Founded in 1929, Newmark (NASDAQ:NMRK) provides commercial real estate services, including leasing advisory, global corporate services, investment sales and capital markets, property and facilities management, valuation and advisory, and consulting. Newmark reported revenues of $665.5 million, up 21.8% year on year. This print exceeded analysts' expectations by 8.9%. Overall, it was a strong quarter for the company with EPS guidance for next quarter exceeding analysts' expectations and a solid beat of analysts' EPS estimates. Newmark delivered the weakest full-year guidance update of the whole group. Interestingly, the stock is up 3.1% since reporting and currently trades at $11.39. Is now the time to buy Newmark? Access our full analysis of the earnings results here, it's free. Founded in Toronto, Canada in 2014, The Real Brokerage (NASDAQ:REAX) is a technology-driven real estate brokerage firm combining a tech-centric model with an agent-centric philosophy. The Real Brokerage reported revenues of $354 million, up 76.3% year on year, outperforming analysts' expectations by 6.3%. The business had a stunning quarter with an impressive beat of analysts' EPS estimates and a solid beat of analysts' EBITDA estimates. The Real Brokerage pulled off the fastest revenue growth among its peers. Although it had a fine quarter compared its peers, the market seems unhappy with the results as the stock is down 4.9% since reporting. It currently trades at $4.24. Is now the time to buy The Real Brokerage? Access our full analysis of the earnings results here, it's free. Founded in 2009, eXp World (NASDAQ:EXPI) is a real estate company known for its virtual, cloud-based approach to real estate brokerage. eXp World reported revenues of $954.9 million, up 1.3% year on year, falling short of analysts' expectations by 4%. It was a disappointing quarter as it posted a significant miss of analysts' adjusted operating income estimates. As expected, the stock is down 7.7% since the results and currently trades at $8. Read our full analysis of eXp World's results here. Short for Real Estate Maximums, RE/MAX (NYSE:RMAX) operates a real estate franchise network spanning over 100 countries and territories. RE/MAX reported revenues of $74.47 million, down 4.9% year on year. This number topped analysts' expectations by 1.3%. More broadly, it was a satisfactory quarter as it also logged an impressive beat of analysts' EPS estimates but EBITDA guidance for next quarter missing analysts' expectations. RE/MAX scored the highest full-year guidance raise among its peers. The stock is down 3.3% since reporting and currently trades at $7.54. Read our full, actionable report on RE/MAX here, it's free. Founded in 1971, Marcus & Millichap (NYSE:MMI) specializes in commercial real estate investment sales, financing, research, and advisory services. Marcus & Millichap reported revenues of $145 million, up 12.3% year on year. This result beat analysts' expectations by 3.5%. It was a stunning quarter as it also put up an impressive beat of analysts' EPS estimates and a solid beat of analysts' EBITDA estimates. The stock is flat since reporting and currently trades at $29.20. Read our full, actionable report on Marcus & Millichap here, it's free. As a result of the Fed's rate hikes in 2022 and 2023, inflation has come down from frothy levels post-pandemic. The general rise in the price of goods and services is trending towards the Fed's 2% goal as of late, which is good news. The higher rates that fought inflation also didn't slow economic activity enough to catalyze a recession. So far, soft landing. This, combined with recent rate cuts (half a percent in September 2024 and a quarter percent in November 2024) have led to strong stock market performance in 2024. The icing on the cake for 2024 returns was Donald Trump's victory in the U.S. Presidential Election in early November, sending major indices to all-time highs in the week following the election. Still, debates around the health of the economy and the impact of potential tariffs and corporate tax cuts remain, leaving much uncertainty around 2025. Want to invest in winners with rock-solid fundamentals? Check out our Strong Momentum Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. Join Paid Stock Investor Research Help us make StockStory more helpful to investors like yourself. Join our paid user research session and receive a $50 Amazon gift card for your opinions. Sign up here.
Yahoo
16-05-2025
- Business
- Yahoo
3 of Wall Street's Favorite Stocks with Bad Fundamentals
Wall Street is overwhelmingly bullish on the stocks in this article, with price targets suggesting significant upside potential. However, it's worth remembering that analysts rarely issue sell ratings, partly because their firms often seek other business from the same companies they cover. Luckily for you, we at StockStory have no conflicts of interest - our sole job is to help you find genuinely promising companies. That said, here are three stocks where Wall Street's enthusiasm may be misplaced and some other investments worth exploring instead. Consensus Price Target: $19.87 (33.8% implied return) Owner of The North Face, Vans, and Supreme, VF Corp (NYSE:VFC) is a clothing conglomerate specializing in branded lifestyle apparel, footwear, and accessories. Why Do We Steer Clear of VFC? Constant currency growth was below our standards over the past two years, suggesting it might need to invest in product improvements to get back on track Eroding returns on capital from an already low base indicate that management's recent investments are destroying value 6× net-debt-to-EBITDA ratio shows it's overleveraged and increases the probability of shareholder dilution if things turn unexpectedly VF Corp's stock price of $14.85 implies a valuation ratio of 16.2x forward P/E. To fully understand why you should be careful with VFC, check out our full research report (it's free). Consensus Price Target: $10 (25.5% implied return) Founded in 2009, eXp World (NASDAQ:EXPI) is a real estate company known for its virtual, cloud-based approach to real estate brokerage. Why Should You Dump EXPI? Demand for its offerings was relatively low as its number of transactions has underwhelmed Operating margin of -0.3% falls short of the industry average, and the smaller profit dollars make it harder to react to unexpected market developments Negative returns on capital show that some of its growth strategies have backfired eXp World is trading at $7.97 per share, or 18.1x forward P/E. If you're considering EXPI for your portfolio, see our FREE research report to learn more. Consensus Price Target: $9.14 (68% implied return) Pioneering the modern office copier and inventing technologies like Ethernet and the laser printer, Xerox (NASDAQ:XRX) provides document management systems, printing technology, and workplace solutions to businesses of all sizes across the globe. Why Is XRX Risky? Products and services are facing significant end-market challenges during this cycle as sales have declined by 6.7% annually over the last five years Waning returns on capital from an already weak starting point displays the inefficacy of management's past and current investment decisions High net-debt-to-EBITDA ratio of 6× could force the company to raise capital at unfavorable terms if market conditions deteriorate At $5.44 per share, Xerox trades at 5.5x forward P/E. Dive into our free research report to see why there are better opportunities than XRX. Market indices reached historic highs following Donald Trump's presidential victory in November 2024, but the outlook for 2025 is clouded by new trade policies that could impact business confidence and growth. While this has caused many investors to adopt a "fearful" wait-and-see approach, we're leaning into our best ideas that can grow regardless of the political or macroeconomic climate. Take advantage of Mr. Market by checking out our Top 5 Strong Momentum Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 176% over the last five years. Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Exlservice (+354% five-year return). Find your next big winner with StockStory today for free. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
07-05-2025
- Business
- Yahoo
The Real Brokerage (REAX) Reports Earnings Tomorrow: What To Expect
Real estate technology company The Real Brokerage (NASDAQ:REAX) will be announcing earnings results tomorrow before market open. Here's what you need to know. The Real Brokerage beat analysts' revenue expectations by 16.8% last quarter, reporting revenues of $350.6 million, up 93.4% year on year. It was an incredible quarter for the company, with a solid beat of analysts' EPS estimates and an impressive beat of analysts' EBITDA estimates. Is The Real Brokerage a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting The Real Brokerage's revenue to grow 65.8% year on year to $332.9 million, slowing from the 86.1% increase it recorded in the same quarter last year. The Real Brokerage Total Revenue Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. The Real Brokerage has a history of exceeding Wall Street's expectations, beating revenue estimates every single time over the past two years by 20.8% on average. Looking at The Real Brokerage's peers in the real estate services segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Cushman & Wakefield delivered year-on-year revenue growth of 4.6%, beating analysts' expectations by 2.5%, and eXp World reported revenues up 1.3%, falling short of estimates by 4%. Cushman & Wakefield traded up 4.2% following the results. Read our full analysis of Cushman & Wakefield's results here and eXp World's results here. There has been positive sentiment among investors in the real estate services segment, with share prices up 12.7% on average over the last month. The Real Brokerage is up 7% during the same time and is heading into earnings with an average analyst price target of $6.67 (compared to the current share price of $4.60). When a company has more cash than it knows what to do with, buying back its own shares can make a lot of sense–as long as the price is right. Luckily, we've found one, a low-priced stock that is gushing free cash flow AND buying back shares. Click here to claim your Special Free Report on a fallen angel growth story that is already recovering from a setback.
Yahoo
07-05-2025
- Business
- Yahoo
eXp World (NASDAQ:EXPI) Misses Q1 Sales Targets
Real estate technology company eXp World (NASDAQ:EXPI) missed Wall Street's revenue expectations in Q1 CY2025 as sales only rose 1.3% year on year to $954.9 million. Its GAAP loss of $0.07 per share was significantly below analysts' consensus estimates. Is now the time to buy eXp World? Find out in our full research report. eXp World (EXPI) Q1 CY2025 Highlights: Revenue: $954.9 million vs analyst estimates of $994.8 million (1.3% year-on-year growth, 4% miss) EPS (GAAP): -$0.07 vs analyst estimates of -$0.01 (significant miss) Adjusted EBITDA: $2.16 million vs analyst estimates of $11.96 million (0.2% margin, 82% miss) Operating Margin: -1.1%, in line with the same quarter last year Free Cash Flow Margin: 3.9%, down from 6.3% in the same quarter last year Market Capitalization: $1.33 billion 'We're entering 2025 from a position of strength. eXp has built one of the most comprehensive, tech-enabled agent value stack in the industry – one that's driving record International agent productivity and empowering entrepreneurs at scale,' said Glenn Sanford, Founder, Chairman and CEO of eXp World Holdings. Company Overview Founded in 2009, eXp World (NASDAQ:EXPI) is a real estate company known for its virtual, cloud-based approach to real estate brokerage. Sales Growth Examining a company's long-term performance can provide clues about its quality. Any business can experience short-term success, but top-performing ones enjoy sustained growth for years. Luckily, eXp World's sales grew at an incredible 33.1% compounded annual growth rate over the last five years. Its growth beat the average consumer discretionary company and shows its offerings resonate with customers. eXp World Quarterly Revenue Long-term growth is the most important, but within consumer discretionary, product cycles are short and revenue can be hit-driven due to rapidly changing trends and consumer preferences. eXp World's recent performance shows its demand has slowed significantly as its annualized revenue growth of 1.6% over the last two years was well below its five-year trend. eXp World Year-On-Year Revenue Growth This quarter, eXp World's revenue grew by 1.3% year on year to $954.9 million, falling short of Wall Street's estimates. Looking ahead, sell-side analysts expect revenue to grow 6.1% over the next 12 months. Although this projection suggests its newer products and services will spur better top-line performance, it is still below the sector average. Software is eating the world and there is virtually no industry left that has been untouched by it. That drives increasing demand for tools helping software developers do their jobs, whether it be monitoring critical cloud infrastructure, integrating audio and video functionality, or ensuring smooth content streaming. Click here to access a free report on our 3 favorite stocks to play this generational megatrend.
Yahoo
05-05-2025
- Business
- Yahoo
eXp World (EXPI) Q1 Earnings: What To Expect
Real estate technology company eXp World (NASDAQ:EXPI) will be reporting results tomorrow after market close. Here's what to look for. eXp World beat analysts' revenue expectations by 6.5% last quarter, reporting revenues of $1.10 billion, up 11.9% year on year. It was a strong quarter for the company, with a solid beat of analysts' EBITDA estimates. It reported 82,980 agents and brokers, down 5.2% year on year. Is eXp World a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting eXp World's revenue to grow 5.5% year on year to $994.8 million, slowing from the 11.1% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.06 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. eXp World has missed Wall Street's revenue estimates three times over the last two years. Looking at eXp World's peers in the real estate services segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Cushman & Wakefield delivered year-on-year revenue growth of 4.6%, beating analysts' expectations by 2.5%, and Newmark reported revenues up 21.8%, topping estimates by 8.9%. Cushman & Wakefield traded up 4.2% following the results while Newmark was down 2.5%. Read our full analysis of Cushman & Wakefield's results here and Newmark's results here. There has been positive sentiment among investors in the real estate services segment, with share prices up 8.8% on average over the last month. eXp World's stock price was unchanged during the same time and is heading into earnings with an average analyst price target of $14.75 (compared to the current share price of $9.29). Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. Sign in to access your portfolio
