William Blair Analysts Lift Earnings Estimates for eXp World Holdings, Inc. (NASDAQ:EXPI)

eXp World Holdings, Inc. (NASDAQ:EXPI) – Research analysts at William Blair upped their Q4 2024 EPS estimates for shares of eXp World in a report released on Wednesday, May 1st. William Blair analyst S. Sheldon now forecasts that the technology company will post earnings per share of ($0.01) for the quarter, up from their previous estimate of ($0.06). The consensus estimate for eXp World’s current full-year earnings is $0.22 per share. William Blair also issued estimates for eXp World’s Q1 2025 earnings at $0.01 EPS, Q4 2025 earnings at $0.01 EPS and FY2025 earnings at $0.27 EPS.

eXp World (NASDAQ:EXPI) last announced its quarterly earnings data on Wednesday, May 1st. The technology company reported ($0.02) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.03) by $0.01. eXp World had a negative net margin of 0.60% and a negative return on equity of 1.50%. The firm had revenue of $943.10 million for the quarter, compared to analysts’ expectations of $893.24 million. The business’s revenue for the quarter was up 11.1% on a year-over-year basis. During the same period last year, the firm earned $0.01 earnings per share.

A number of other brokerages have also recently commented on EXPI. DA Davidson reaffirmed an “underperform” rating and issued a $11.75 price target on shares of eXp World in a research note on Thursday, May 2nd. TheStreet lowered shares of eXp World from a “c-” rating to a “d” rating in a report on Monday, March 4th.

eXp World Stock Up 3.0 %

NASDAQ:EXPI opened at $11.97 on Monday. The stock’s fifty day simple moving average is $10.73 and its 200-day simple moving average is $12.48. The firm has a market capitalization of $1.85 billion, a P/E ratio of -70.41 and a beta of 2.29. eXp World has a 12-month low of $8.91 and a 12-month high of $25.39.

Institutional Investors Weigh In On eXp World

Several large investors have recently made changes to their positions in the stock. SRS Capital Advisors Inc. lifted its stake in eXp World by 354.8% in the 4th quarter. SRS Capital Advisors Inc. now owns 1,974 shares of the technology company’s stock valued at $31,000 after acquiring an additional 1,540 shares in the last quarter. Scarborough Advisors LLC acquired a new position in eXp World during the fourth quarter worth $31,000. Pineridge Advisors LLC bought a new position in eXp World in the fourth quarter valued at $33,000. Blue Trust Inc. increased its stake in eXp World by 201.3% in the 4th quarter. Blue Trust Inc. now owns 2,926 shares of the technology company’s stock valued at $48,000 after buying an additional 1,955 shares during the last quarter. Finally, International Assets Investment Management LLC bought a new stake in eXp World during the 4th quarter worth about $48,000. Institutional investors own 27.17% of the company’s stock.

eXp World Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, May 27th. Investors of record on Monday, May 13th will be given a $0.05 dividend. The ex-dividend date of this dividend is Friday, May 10th. This represents a $0.20 annualized dividend and a dividend yield of 1.67%. eXp World’s dividend payout ratio is presently -117.64%.

eXp World Company Profile

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.