Exp World Holdings, Inc. (AGNT) to Distribute Quarterly Dividend of $0.05 on August 28th

Exp World Holdings, Inc. (NASDAQ:AGNT) declared a quarterly dividend on Tuesday, July 28th, NASDAQ Dividends reports. Stockholders of record on Friday, August 14th will be given a dividend of 0.05 per share by the technology company on Friday, August 28th. This represents a c) annualized dividend and a dividend yield of 4.7%. The ex-dividend date of this dividend is Friday, August 14th.

Exp World has a payout ratio of 90.9% indicating that its dividend is currently covered by earnings, but may not be in the future if the company’s earnings fall. Research analysts expect Exp World to earn $0.10 per share next year, which means the company may not be able to cover its $0.20 annual dividend with an expected future payout ratio of 200.0%.

Exp World Trading Down 0.7%

Shares of AGNT traded down $0.03 during midday trading on Wednesday, hitting $4.24. The stock had a trading volume of 148,954 shares, compared to its average volume of 1,213,905. The firm has a market cap of $696.73 million, a P/E ratio of -38.55 and a beta of 2.09. The business has a 50-day simple moving average of $4.62 and a two-hundred day simple moving average of $5.89. Exp World has a fifty-two week low of $3.68 and a fifty-two week high of $12.23.

Exp World (NASDAQ:AGNT) last issued its quarterly earnings data on Friday, August 7th. The technology company reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.08 by ($0.10). Exp World had a negative net margin of 0.35% and a negative return on equity of 5.43%. The firm’s revenue was up 10.7% compared to the same quarter last year. On average, analysts expect that Exp World will post -0.07 earnings per share for the current fiscal year.

About Exp World

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.