William Blair Reduces Earnings Estimates for eXp World

eXp World Holdings, Inc. (NASDAQ:EXPI) – Equities research analysts at William Blair reduced their FY2025 earnings estimates for shares of eXp World in a research report issued on Friday, February 21st. William Blair analyst S. Sheldon now anticipates that the technology company will post earnings of $0.14 per share for the year, down from their previous forecast of $0.18. The consensus estimate for eXp World’s current full-year earnings is $0.48 per share.

eXp World (NASDAQ:EXPI) last posted its quarterly earnings results on Thursday, February 20th. The technology company reported ($0.03) EPS for the quarter, beating the consensus estimate of ($0.06) by $0.03. eXp World had a negative net margin of 0.47% and a positive return on equity of 5.75%. The business had revenue of $1.10 billion for the quarter, compared to analysts’ expectations of $1.03 billion.

Separately, DA Davidson reiterated a “neutral” rating and issued a $13.50 price objective on shares of eXp World in a report on Friday.

eXp World Trading Down 9.5 %

Shares of NASDAQ:EXPI opened at $10.26 on Monday. The stock has a market capitalization of $1.58 billion, a PE ratio of -73.28 and a beta of 2.29. eXp World has a 1 year low of $8.91 and a 1 year high of $15.39. The firm has a fifty day moving average price of $11.34 and a 200 day moving average price of $12.55.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of EXPI. Allspring Global Investments Holdings LLC acquired a new position in eXp World during the 3rd quarter worth $30,000. Louisiana State Employees Retirement System raised its position in shares of eXp World by 4.9% during the third quarter. Louisiana State Employees Retirement System now owns 40,900 shares of the technology company’s stock valued at $576,000 after buying an additional 1,900 shares during the last quarter. State of Alaska Department of Revenue raised its position in shares of eXp World by 6.1% during the third quarter. State of Alaska Department of Revenue now owns 48,250 shares of the technology company’s stock valued at $679,000 after buying an additional 2,793 shares during the last quarter. Financial Advocates Investment Management raised its position in shares of eXp World by 9.6% during the third quarter. Financial Advocates Investment Management now owns 11,380 shares of the technology company’s stock valued at $160,000 after buying an additional 1,000 shares during the last quarter. Finally, Harbor Capital Advisors Inc. raised its position in shares of eXp World by 91.9% during the third quarter. Harbor Capital Advisors Inc. now owns 116,517 shares of the technology company’s stock valued at $1,642,000 after buying an additional 55,814 shares during the last quarter. Institutional investors and hedge funds own 27.17% of the company’s stock.

Insider Buying and Selling

In other eXp World news, CEO Glenn Darrel Sanford sold 25,000 shares of the business’s stock in a transaction on Monday, January 6th. The shares were sold at an average price of $11.52, for a total transaction of $288,000.00. Following the completion of the transaction, the chief executive officer now owns 40,147,450 shares of the company’s stock, valued at $462,498,624. The trade was a 0.06 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Over the last three months, insiders sold 361,511 shares of company stock worth $4,365,561. Corporate insiders own 35.70% of the company’s stock.

eXp World Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 19th. Investors of record on Tuesday, March 4th will be issued a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 1.95%. The ex-dividend date is Tuesday, March 4th. eXp World’s dividend payout ratio is presently -142.85%.

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.