Free Trial

The Real Brokerage Inc. (NASDAQ:REAX) Shares Acquired by Charles Schwab Investment Management Inc.

Real Brokerage logo with Business Services background
Remove Ads

Charles Schwab Investment Management Inc. grew its holdings in The Real Brokerage Inc. (NASDAQ:REAX - Free Report) by 48.9% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 438,295 shares of the company's stock after acquiring an additional 144,011 shares during the quarter. Charles Schwab Investment Management Inc. owned about 0.22% of Real Brokerage worth $2,016,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Rhumbline Advisers increased its stake in Real Brokerage by 4.1% in the fourth quarter. Rhumbline Advisers now owns 124,324 shares of the company's stock valued at $572,000 after purchasing an additional 4,906 shares during the last quarter. Golden State Wealth Management LLC acquired a new position in shares of Real Brokerage in the 4th quarter valued at $28,000. Principal Financial Group Inc. grew its position in shares of Real Brokerage by 11.0% in the 4th quarter. Principal Financial Group Inc. now owns 80,434 shares of the company's stock valued at $370,000 after buying an additional 7,967 shares during the last quarter. Wolverine Trading LLC acquired a new stake in Real Brokerage during the 3rd quarter worth $56,000. Finally, Sound Income Strategies LLC purchased a new stake in Real Brokerage in the fourth quarter valued at $47,000. Institutional investors and hedge funds own 53.28% of the company's stock.

Real Brokerage Trading Up 2.9 %

REAX stock traded up $0.12 on Wednesday, hitting $4.24. The company's stock had a trading volume of 613,565 shares, compared to its average volume of 890,871. The stock has a market cap of $838.48 million, a price-to-earnings ratio of -23.55 and a beta of 1.01. The firm has a 50 day moving average of $4.83 and a two-hundred day moving average of $5.03. The Real Brokerage Inc. has a 1 year low of $3.02 and a 1 year high of $6.75.

Remove Ads

Real Brokerage (NASDAQ:REAX - Get Free Report) last announced its earnings results on Thursday, March 6th. The company reported ($0.03) EPS for the quarter, beating analysts' consensus estimates of ($0.05) by $0.02. Real Brokerage had a negative net margin of 2.91% and a negative return on equity of 73.22%. The business had revenue of $350.63 million during the quarter, compared to analysts' expectations of $300.11 million. As a group, equities analysts forecast that The Real Brokerage Inc. will post -0.1 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts have issued reports on the company. BTIG Research started coverage on Real Brokerage in a report on Wednesday, December 18th. They set a "buy" rating and a $6.00 price objective on the stock. Jones Trading reissued a "buy" rating and issued a $6.00 target price on shares of Real Brokerage in a research report on Thursday, March 6th.

Read Our Latest Report on Real Brokerage

Real Brokerage Company Profile

(Free Report)

The Real Brokerage Inc, together with its subsidiaries, operates as a real estate technology company in the United States and Canada. It operates in three segments: North American Brokerage, Real Title, and One Real Mortgage. It offers brokerage, title, and mortgage broker services. The company is based in Miami, Florida.

Further Reading

Institutional Ownership by Quarter for Real Brokerage (NASDAQ:REAX)

Should You Invest $1,000 in Real Brokerage Right Now?

Before you consider Real Brokerage, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Real Brokerage wasn't on the list.

While Real Brokerage currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

The 10 Best AI Stocks to Own in 2025 Cover

Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.

Get This Free Report
Like this article? Share it with a colleague.
Remove Ads

Featured Articles and Offers

Recent Videos

Trump Tariffs Tumble the Stock Market—Here’s How to Protect Your Money
Donald Trump Owns These 7 Stocks, Should You?
 5 Stocks to BUY NOW in April 2025

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines

Remove Ads