Exp World Holdings, Inc. (NASDAQ:AGNT – Get Free Report) hit a new 52-week low during trading on Tuesday . The stock traded as low as $4.42 and last traded at $4.47, with a volume of 57269 shares. The stock had previously closed at $4.52.
Analysts Set New Price Targets
AGNT has been the topic of several recent analyst reports. Wall Street Zen raised shares of Exp World to a “hold” rating in a report on Sunday, May 10th. DA Davidson restated a “neutral” rating and set a $6.50 price target (down from $10.25) on shares of Exp World in a research report on Thursday, July 2nd. Zelman & Associates started coverage on shares of Exp World in a research note on Friday, March 20th. They issued an “underperform” rating and a $4.75 price target on the stock. Weiss Ratings reiterated a “sell (d)” rating on shares of Exp World in a report on Wednesday, May 27th. Finally, Benchmark assumed coverage on Exp World in a research note on Thursday, March 26th. They set a “buy” rating and a $8.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Exp World currently has a consensus rating of “Hold” and an average target price of $6.42.
Read Our Latest Analysis on Exp World
Exp World Stock Performance
Exp World (NASDAQ:AGNT – Get Free Report) last released its earnings results on Monday, May 11th. The technology company reported ($0.03) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.02. The business had revenue of $1.01 billion for the quarter, compared to analyst estimates of $971.32 million. Exp World had a negative net margin of 0.35% and a negative return on equity of 7.05%. On average, analysts predict that Exp World Holdings, Inc. will post 0.08 EPS for the current year.
Exp World Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, June 5th. Investors of record on Friday, May 22nd were issued a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 4.5%. The ex-dividend date of this dividend was Friday, May 22nd. Exp World’s dividend payout ratio (DPR) is currently -200.00%.
Hedge Funds Weigh In On Exp World
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Root Financial Partners LLC purchased a new stake in Exp World in the 4th quarter valued at $25,000. PNC Financial Services Group Inc. boosted its position in shares of Exp World by 139.6% during the 4th quarter. PNC Financial Services Group Inc. now owns 3,429 shares of the technology company’s stock valued at $31,000 after acquiring an additional 1,998 shares during the last quarter. Kemnay Advisory Services Inc. acquired a new position in shares of Exp World during the 4th quarter valued at about $37,000. Geneos Wealth Management Inc. grew its holdings in shares of Exp World by 41.2% in the first quarter. Geneos Wealth Management Inc. now owns 6,365 shares of the technology company’s stock valued at $62,000 after purchasing an additional 1,856 shares during the period. Finally, CWM LLC grew its stake in shares of Exp World by 632.6% in the 4th quarter. CWM LLC now owns 9,070 shares of the technology company’s stock valued at $82,000 after buying an additional 7,832 shares during the period. Institutional investors and hedge funds own 27.17% of the company’s stock.
Exp World Company Profile
eXp World Holdings, Inc (NASDAQ: EXPI) is a cloud-based real estate company that operates a global brokerage model through its eXp Realty subsidiary. Founded in 2009 by industry veteran Glenn Sanford and headquartered in Bellingham, Washington, the company leverages a virtual business environment to connect and support real estate professionals. eXp Realty’s technology-driven platform enables licensed agents to list, show and manage residential property transactions without the overhead of traditional brick-and-mortar offices.
At the core of eXp World’s offering is its proprietary virtual campus, which provides real-time training, collaboration and networking via an immersive online environment.
Featured Articles
- Five stocks we like better than Exp World
- Prepare for the Next Wave of Factory Automation With These 3 Standout Names
- These 3 Water ETFs Could be Quiet Winners From Infrastructure Spending
- The Bond Market Just Sent Amazon a Message Investors Shouldn’t Ignore
- Wedbush Pounds the Table—Buy Sandisk Before August 5 Earnings
Receive News & Ratings for Exp World Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Exp World and related companies with MarketBeat.com's FREE daily email newsletter.
