William Blair Weighs in on eXp World Holdings, Inc.’s Q4 2024 Earnings (NASDAQ:EXPI)

eXp World Holdings, Inc. (NASDAQ:EXPI) – Equities research analysts at William Blair increased their Q4 2024 earnings estimates for eXp World in a research report issued to clients and investors on Wednesday, May 1st. William Blair analyst S. Sheldon now expects that the technology company will earn ($0.01) per share for the quarter, up from their prior forecast 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 released its earnings results 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 return on equity of 1.50% and a negative net margin of 0.60%. The firm had revenue of $943.10 million for the quarter, compared to analyst estimates of $893.24 million. During the same quarter last year, the firm posted $0.01 EPS. The company’s revenue was up 11.1% on a year-over-year basis.

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

eXp World Price Performance

NASDAQ:EXPI opened at $12.10 on Monday. The stock has a market cap of $1.87 billion, a P/E ratio of -71.17 and a beta of 2.29. The company has a fifty day moving average price of $10.73 and a 200 day moving average price of $12.47. eXp World has a one year low of $8.91 and a one year high of $25.39.

eXp World Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, May 27th. Stockholders of record on Monday, May 13th will be paid a $0.05 dividend. The ex-dividend date is Friday, May 10th. This represents a $0.20 annualized dividend and a dividend yield of 1.65%. eXp World’s dividend payout ratio is currently -117.64%.

Institutional Trading of eXp World

A number of large investors have recently bought and sold shares of EXPI. Raymond James & Associates boosted its stake in shares of eXp World by 5.1% in the 3rd quarter. Raymond James & Associates now owns 67,517 shares of the technology company’s stock valued at $1,096,000 after purchasing an additional 3,292 shares in the last quarter. New York State Teachers Retirement System boosted its position in eXp World by 138.6% in the third quarter. New York State Teachers Retirement System now owns 71,672 shares of the technology company’s stock valued at $1,164,000 after buying an additional 41,633 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in eXp World by 59.0% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 13,099 shares of the technology company’s stock worth $213,000 after buying an additional 4,863 shares during the last quarter. Victory Capital Management Inc. boosted its holdings in shares of eXp World by 123.0% in the 3rd quarter. Victory Capital Management Inc. now owns 49,826 shares of the technology company’s stock worth $809,000 after acquiring an additional 27,485 shares in the last quarter. Finally, Versor Investments LP acquired a new position in shares of eXp World in the 3rd quarter worth approximately $252,000. 27.17% of the stock is currently owned by 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.