William Blair Decreases Earnings Estimates for eXp World

eXp World Holdings, Inc. (NASDAQ:EXPI) – Equities researchers at William Blair reduced their FY2025 earnings per share estimates for shares of eXp World in a research note issued on Friday, February 21st. William Blair analyst S. Sheldon now forecasts 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 earnings results on Thursday, February 20th. The technology company reported ($0.03) EPS for the quarter, topping 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 firm had revenue of $1.10 billion for the quarter, compared to the consensus estimate 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 research note on Friday, February 21st.

eXp World Trading Up 2.9 %

Shares of eXp World stock opened at $10.50 on Monday. The stock has a market capitalization of $1.62 billion, a price-to-earnings ratio of -74.96 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 simple moving average of $11.29 and a 200-day simple moving average of $12.54.

Institutional Investors Weigh In On eXp World

A number of hedge funds and other institutional investors have recently bought and sold shares of EXPI. Pacer Advisors Inc. acquired a new position in shares of eXp World during the fourth quarter worth approximately $60,767,000. Baring Financial LLC acquired a new stake in eXp World in the fourth quarter worth $5,222,000. Vanguard Group Inc. lifted its holdings in eXp World by 1.7% during the fourth quarter. Vanguard Group Inc. now owns 12,235,835 shares of the technology company’s stock worth $140,834,000 after acquiring an additional 208,920 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of eXp World by 39.7% during the 4th quarter. JPMorgan Chase & Co. now owns 727,096 shares of the technology company’s stock valued at $8,369,000 after purchasing an additional 206,677 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its stake in eXp World by 16.6% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,288,349 shares of the technology company’s stock valued at $18,153,000 after buying an additional 183,823 shares in the last quarter. 27.17% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other eXp World news, CEO Glenn Darrel Sanford sold 49,881 shares of the company’s stock in a transaction dated Tuesday, December 3rd. The shares were sold at an average price of $13.87, for a total transaction of $691,849.47. Following the sale, the chief executive officer now directly owns 40,339,199 shares of the company’s stock, valued at approximately $559,504,690.13. This represents a 0.12 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders sold a total of 386,511 shares of company stock worth $4,620,811 over the last quarter. Company 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. Stockholders of record on Tuesday, March 4th will be issued a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.91%. The ex-dividend date of this dividend is Tuesday, March 4th. eXp World’s payout ratio is -142.86%.

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.