Exp World (NASDAQ:AGNT) Releases Quarterly Earnings Results, Beats Estimates By $0.02 EPS

Exp World (NASDAQ:AGNTGet Free Report) issued its quarterly earnings data on Monday. The technology company reported ($0.03) EPS for the quarter, beating the consensus estimate of ($0.05) by $0.02, Zacks reports. Exp World had a negative net margin of 0.48% and a negative return on equity of 10.00%.

Here are the key takeaways from Exp World’s conference call:

  • Q1 showed improving profitability with gross profit of $75.3M, an operating loss of $8.8M (a 15% YoY improvement), Adjusted EBITDA of $4.1M (up 88% YoY and above guidance midpoint), and cash up 6% to $122M.
  • By segment, North America Realty remains largest with $965.1M revenue and $10M Adjusted EBITDA (+29% YoY from cost saves), while International was the fastest-growing segment, up 27% in Q1.
  • Management reiterated Q2 guidance (revenue $1.36B–$1.45B; Adjusted EBITDA $16M–$21M) and full-year 2026 guidance (revenue $4.85B–$5.15B; Adjusted EBITDA $50M–$75M) while emphasizing financial discipline.
  • Executives cited growing macroeconomic uncertainty and limited visibility into the back half of the year as the primary reason for reiterating guidance and planning a mid-year reassessment.
  • Strategic initiatives to widen the platform include the NextHome franchise add-on (multi-model chassis to reach independents; near-term financial contribution called modest and not yet in guidance) and the retooled SUCCESS coaching/events business, which management says should reach net income by 2027 and strengthen eXp’s platform moat.

Exp World Price Performance

AGNT stock traded down $0.30 during trading on Monday, reaching $6.30. The company had a trading volume of 671,705 shares, compared to its average volume of 1,030,637. Exp World has a 52 week low of $5.66 and a 52 week high of $12.23. The company has a market cap of $1.02 billion, a P/E ratio of -45.00 and a beta of 2.20. The business has a 50 day moving average of $6.29 and a 200 day moving average of $8.53.

Exp World Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 9th were paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date of this dividend was Monday, March 9th. Exp World’s dividend payout ratio is presently -142.86%.

Institutional Investors Weigh In On Exp World

A number of hedge funds and other institutional investors have recently bought and sold shares of AGNT. PNC Financial Services Group Inc. grew its holdings in Exp World by 139.6% in the fourth quarter. PNC Financial Services Group Inc. now owns 3,429 shares of the technology company’s stock worth $31,000 after purchasing an additional 1,998 shares during the period. Kemnay Advisory Services Inc. purchased a new stake in Exp World in the fourth quarter worth about $37,000. Geneos Wealth Management Inc. grew its holdings in Exp World by 41.2% in the first quarter. Geneos Wealth Management Inc. now owns 6,365 shares of the technology company’s stock worth $62,000 after purchasing an additional 1,856 shares during the period. Tower Research Capital LLC TRC grew its holdings in Exp World by 387.0% in the second quarter. Tower Research Capital LLC TRC now owns 11,108 shares of the technology company’s stock worth $101,000 after purchasing an additional 8,827 shares during the period. Finally, Brevan Howard Capital Management LP purchased a new stake in Exp World in the second quarter worth about $123,000. Hedge funds and other institutional investors own 27.17% of the company’s stock.

Analysts Set New Price Targets

AGNT has been the subject of several recent analyst reports. Zelman & Associates assumed coverage on shares of Exp World in a research note on Friday, March 20th. They set an “underperform” rating and a $4.75 price objective for the company. DA Davidson set a $11.00 price target on shares of Exp World in a research note on Thursday, February 26th. Wall Street Zen raised shares of Exp World to a “hold” rating in a research note on Sunday. Finally, Benchmark assumed coverage on shares of Exp World in a research note on Thursday, March 26th. They issued a “buy” rating and a $8.00 price target for the company. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, Exp World has a consensus rating of “Hold” and a consensus price target of $7.92.

Check Out Our Latest Stock Report on Exp World

Key Exp World News

Here are the key news stories impacting Exp World this week:

About Exp World

(Get Free Report)

eXp World Holdings, Inc (NASDAQ: EXPI) is a cloud-based real estate company that operates a global brokerage model through its eXp Realty subsidiary. Founded in 2009 by industry veteran Glenn Sanford and headquartered in Bellingham, Washington, the company leverages a virtual business environment to connect and support real estate professionals. eXp Realty’s technology-driven platform enables licensed agents to list, show and manage residential property transactions without the overhead of traditional brick-and-mortar offices.

At the core of eXp World’s offering is its proprietary virtual campus, which provides real-time training, collaboration and networking via an immersive online environment.

Further Reading

Earnings History for Exp World (NASDAQ:AGNT)

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