FY2025 EPS Estimates for eXp World Decreased by Analyst

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

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

Separately, DA Davidson reiterated a “neutral” rating and issued a $13.50 target price on shares of eXp World in a report on Friday, February 21st.

eXp World Stock Performance

Shares of EXPI opened at $10.50 on Monday. The firm has a market cap of $1.62 billion, a PE ratio of -74.96 and a beta of 2.29. eXp World has a 52-week low of $8.91 and a 52-week high of $15.39. The business’s 50 day moving average price is $11.29 and its two-hundred day moving average price is $12.54.

eXp World Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, March 19th. Shareholders of record on Tuesday, March 4th will be given a dividend of $0.05 per share. The ex-dividend date is Tuesday, March 4th. This represents a $0.20 dividend on an annualized basis and a yield of 1.91%. eXp World’s dividend payout ratio is presently -142.86%.

Insider Buying and Selling

In related news, CEO Glenn Darrel Sanford sold 50,000 shares of the business’s stock in a transaction dated Tuesday, December 10th. The stock was sold at an average price of $13.00, for a total transaction of $650,000.00. Following the completion of the transaction, the chief executive officer now directly owns 40,289,080 shares in the company, valued at $523,758,040. The trade was a 0.12 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In the last ninety days, insiders sold 386,511 shares of company stock valued at $4,620,811. Company insiders own 35.70% of the company’s stock.

Hedge Funds Weigh In On eXp World

A number of large investors have recently modified their holdings of the company. Allspring Global Investments Holdings LLC purchased a new stake in shares of eXp World during the third quarter valued at approximately $30,000. Louisiana State Employees Retirement System grew its position in shares of eXp World by 4.9% in the 3rd quarter. Louisiana State Employees Retirement System now owns 40,900 shares of the technology company’s stock worth $576,000 after buying an additional 1,900 shares during the period. State of Alaska Department of Revenue increased its stake 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 purchasing an additional 2,793 shares in the last quarter. Financial Advocates Investment Management raised its stake in 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% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 116,517 shares of the technology company’s stock worth $1,642,000 after purchasing an additional 55,814 shares during the last quarter. 27.17% of the stock is owned by hedge funds and other institutional investors.

About eXp World

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.