eXp World Holdings, Inc. (NASDAQ:EXPI - Get Free Report) announced a quarterly dividend on Monday, November 4th,Zacks Dividends reports. Shareholders of record on Monday, November 18th will be given a dividend of 0.05 per share by the technology company on Monday, December 2nd. This represents a $0.20 dividend on an annualized basis and a yield of 1.50%. The ex-dividend date is Monday, November 18th.
eXp World has a dividend payout ratio of 33.3% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect eXp World to earn $0.48 per share next year, which means the company should continue to be able to cover its $0.20 annual dividend with an expected future payout ratio of 41.7%.
eXp World Price Performance
Shares of eXp World stock traded down $0.25 during trading on Friday, hitting $13.31. The company's stock had a trading volume of 749,603 shares, compared to its average volume of 1,007,333. The stock has a market cap of $2.04 billion, a price-to-earnings ratio of -60.50 and a beta of 2.31. eXp World has a 52 week low of $8.91 and a 52 week high of $17.11. The stock has a 50-day moving average price of $13.58 and a two-hundred day moving average price of $12.51.
Analyst Upgrades and Downgrades
Several equities research analysts have recently weighed in on the company. BTIG Research raised eXp World from a "sell" rating to a "neutral" rating in a research note on Tuesday, July 23rd. DA Davidson raised their price target on shares of eXp World from $11.75 to $13.50 and gave the stock a "neutral" rating in a report on Thursday, August 1st.
Read Our Latest Stock Report on eXp World
Insider Buying and Selling at eXp World
In other news, Director Randall D. Miles sold 30,000 shares of the firm's stock in a transaction that occurred on Wednesday, September 18th. The shares were sold at an average price of $15.11, for a total transaction of $453,300.00. Following the completion of the sale, the director now owns 547,665 shares of the company's stock, valued at $8,275,218.15. This trade represents a 5.19 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO Glenn Darrel Sanford sold 44,616 shares of the business's stock in a transaction on Tuesday, August 27th. The shares were sold at an average price of $12.98, for a total transaction of $579,115.68. Following the transaction, the chief executive officer now owns 40,975,681 shares in the company, valued at $531,864,339.38. The trade was a 0.11 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 635,891 shares of company stock valued at $8,577,645. 35.70% of the stock is currently owned by insiders.
About eXp World
(
Get Free Report)
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.
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