AGNT (AGNT)
Market Price (7/6/2026): $5.315 | Market Cap: $861.1 MilSector: Real Estate | Industry: Real Estate Services
AGNT (AGNT)
Market Price (7/6/2026): $5.315Market Cap: $861.1 MilSector: Real EstateIndustry: Real Estate Services
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -14% Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -41% Attractive yieldDividend Yield is 3.6%, FCF Yield is 10% Megatrend and thematic driversMegatrends include E-commerce & Digital Retail, Cloud Computing, and Smart Buildings & Proptech. Themes include Online Marketplaces, Show more. | Weak multi-year price returns2Y Excs Rtn is -87%, 3Y Excs Rtn is -142% Meaningful short interestShort Interest Days-to-CoverDTC = (Short Interest Share Quantity) / (Average Daily Trading Volume). Reflects how many days it would take to cover (close out) the short interest based on average volumes. High DTC can signify an increased risk of a short squeeze. is 12.27 | Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -20 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -0.4% Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -2.5% Key risksAGNT key risks include [1] its heavy dependence on agent attraction and retention amid competitive pressures and declining agent satisfaction, Show more. |
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -14% |
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -41% |
| Attractive yieldDividend Yield is 3.6%, FCF Yield is 10% |
| Megatrend and thematic driversMegatrends include E-commerce & Digital Retail, Cloud Computing, and Smart Buildings & Proptech. Themes include Online Marketplaces, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -87%, 3Y Excs Rtn is -142% |
| Meaningful short interestShort Interest Days-to-CoverDTC = (Short Interest Share Quantity) / (Average Daily Trading Volume). Reflects how many days it would take to cover (close out) the short interest based on average volumes. High DTC can signify an increased risk of a short squeeze. is 12.27 |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -20 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -0.4% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -2.5% |
| Key risksAGNT key risks include [1] its heavy dependence on agent attraction and retention amid competitive pressures and declining agent satisfaction, Show more. |
Qualitative Assessment
AI Analysis | Feedback
AGNT (AGNT) stock has lost about 10% since 3/31/2026 because of the following key factors:
1. Analyst Downgrade and Negative Agent Count Trend.
On July 2, 2026, D.A. Davidson downgraded AGNT from a "Buy" to a "Neutral" rating and reduced its price target from $10.25 to $6.50. This downgrade was driven by the firm's research indicating that AGNT's core U.S. agent count resumed a downward trajectory midway through fiscal Q2 2026 (the company's fiscal year ends December 31, so fiscal Q2 2026 ran from April 1 to June 30, 2026). D.A. Davidson cited rising interest rates and ongoing competition as factors making it difficult for AGNT to exceed investor expectations.
2. Q1 2026 Earnings Per Share Miss and Macroeconomic Caution.
AGNT (formerly eXp World Holdings, Inc.) reported its fiscal Q1 2026 results on May 11, 2026, with an earnings per share (EPS) of -$0.03, missing analyst forecasts of -$0.02. While the company's revenue beat expectations, management expressed a cautious outlook during the earnings call, citing "growing uncertainty and tightening macroeconomic environment" and "less visibility into the second half" of fiscal year 2026 when reiterating its full-year guidance.
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AGNT (AGNT) stock has lost about 10% since 3/31/2026 because of the following key factors:
1. Analyst Downgrade and Negative Agent Count Trend.
On July 2, 2026, D.A. Davidson downgraded AGNT from a "Buy" to a "Neutral" rating and reduced its price target from $10.25 to $6.50. This downgrade was driven by the firm's research indicating that AGNT's core U.S. agent count resumed a downward trajectory midway through fiscal Q2 2026 (the company's fiscal year ends December 31, so fiscal Q2 2026 ran from April 1 to June 30, 2026). D.A. Davidson cited rising interest rates and ongoing competition as factors making it difficult for AGNT to exceed investor expectations.
2. Q1 2026 Earnings Per Share Miss and Macroeconomic Caution.
AGNT (formerly eXp World Holdings, Inc.) reported its fiscal Q1 2026 results on May 11, 2026, with an earnings per share (EPS) of -$0.03, missing analyst forecasts of -$0.02. While the company's revenue beat expectations, management expressed a cautious outlook during the earnings call, citing "growing uncertainty and tightening macroeconomic environment" and "less visibility into the second half" of fiscal year 2026 when reiterating its full-year guidance.
3. Significant Insider Selling.
Over the past 24 months, Glenn Darrel Sanford, an AGNT insider, sold over $20 million worth of the company's shares. Such substantial insider selling by a key executive can negatively influence investor confidence and contribute to a bearish sentiment surrounding the stock.
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Stock Movement Drivers
Fundamental Drivers
The -10.3% change in AGNT stock from 3/31/2026 to 7/5/2026 was primarily driven by a -9.9% change in the company's P/S Multiple.| (LTM values as of) | 3312026 | 7052026 | Change |
|---|---|---|---|
| Stock Price ($) | 5.93 | 5.32 | -10.3% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 4,772 | 4,823 | 1.1% |
| P/S Multiple | 0.2 | 0.2 | -9.9% |
| Shares Outstanding (Mil) | 160 | 162 | -1.5% |
| Cumulative Contribution | -10.3% |
Market Drivers
3/31/2026 to 7/5/2026| Return | Correlation | |
|---|---|---|
| AGNT | -10.3% | |
| Market (SPY) | 14.5% | 20.8% |
| Sector (XLRE) | 9.4% | 32.5% |
Fundamental Drivers
The -40.2% change in AGNT stock from 12/31/2025 to 7/5/2026 was primarily driven by a -40.1% change in the company's P/S Multiple.| (LTM values as of) | 12312025 | 7052026 | Change |
|---|---|---|---|
| Stock Price ($) | 8.89 | 5.32 | -40.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 4,679 | 4,823 | 3.1% |
| P/S Multiple | 0.3 | 0.2 | -40.1% |
| Shares Outstanding (Mil) | 157 | 162 | -3.0% |
| Cumulative Contribution | -40.2% |
Market Drivers
12/31/2025 to 7/5/2026| Return | Correlation | |
|---|---|---|
| AGNT | -40.2% | |
| Market (SPY) | 9.5% | 28.2% |
| Sector (XLRE) | 11.5% | 32.5% |
Fundamental Drivers
The -39.9% change in AGNT stock from 6/30/2025 to 7/5/2026 was primarily driven by a -40.3% change in the company's P/S Multiple.| (LTM values as of) | 6302025 | 7052026 | Change |
|---|---|---|---|
| Stock Price ($) | 8.86 | 5.32 | -39.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 4,580 | 4,823 | 5.3% |
| P/S Multiple | 0.3 | 0.2 | -40.3% |
| Shares Outstanding (Mil) | 155 | 162 | -4.5% |
| Cumulative Contribution | -39.9% |
Market Drivers
6/30/2025 to 7/5/2026| Return | Correlation | |
|---|---|---|
| AGNT | -39.9% | |
| Market (SPY) | 21.6% | 31.3% |
| Sector (XLRE) | 10.6% | 38.9% |
Fundamental Drivers
The -72.1% change in AGNT stock from 6/30/2023 to 7/5/2026 was primarily driven by a -72.8% change in the company's P/S Multiple.| (LTM values as of) | 6302023 | 7052026 | Change |
|---|---|---|---|
| Stock Price ($) | 19.08 | 5.32 | -72.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 4,427 | 4,823 | 8.9% |
| P/S Multiple | 0.7 | 0.2 | -72.8% |
| Shares Outstanding (Mil) | 153 | 162 | -5.8% |
| Cumulative Contribution | -72.1% |
Market Drivers
6/30/2023 to 7/5/2026| Return | Correlation | |
|---|---|---|
| AGNT | -72.1% | |
| Market (SPY) | 74.0% | 35.8% |
| Sector (XLRE) | 30.2% | 41.4% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| AGNT Return | 7% | -67% | 42% | -25% | -20% | -36% | -80% |
| Peers Return | 68% | -68% | 31% | 34% | 12% | -18% | -12% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 9% | 99% |
Monthly Win Rates [3] | |||||||
| AGNT Win Rate | 42% | 25% | 50% | 50% | 33% | 43% | |
| Peers Win Rate | 31% | 33% | 50% | 48% | 43% | 46% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 43% | |
Max Drawdowns [4] | |||||||
| AGNT Max Drawdown | -71% | -69% | -54% | -42% | -36% | -52% | |
| Peers Max Drawdown | -70% | -72% | -54% | -44% | -42% | -57% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: REAX, FTHM, COMP, DOUG, Z.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 7/2/2026 (YTD)
How Low Can It Go
| Event | AGNT | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -33.7% | -18.8% |
| % Gain to Breakeven | 50.8% | 23.1% |
| Time to Breakeven | 76 days | 79 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -30.7% | -6.7% |
| % Gain to Breakeven | 44.2% | 7.1% |
| Time to Breakeven | 85 days | 31 days |
| 2020 COVID-19 Crash | ||
| % Loss | -38.3% | -33.7% |
| % Gain to Breakeven | 62.2% | 50.9% |
| Time to Breakeven | 77 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -56.6% | -19.2% |
| % Gain to Breakeven | 130.2% | 23.8% |
| Time to Breakeven | 549 days | 105 days |
| 2016-2017 Trump Reflation Bond Selloff | ||
| % Loss | -46.0% | -3.7% |
| % Gain to Breakeven | 85.2% | 3.9% |
| Time to Breakeven | 137 days | 6 days |
| 2015-2016 China Devaluation / Global Growth Scare | ||
| % Loss | -37.8% | -12.2% |
| % Gain to Breakeven | 60.8% | 13.9% |
| Time to Breakeven | 59 days | 62 days |
In The Past
AGNT's stock fell -33.7% during the 2025 US Tariff Shock. Such a loss loss requires a 50.8% gain to breakeven.
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Asset Allocation
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| Event | AGNT | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -33.7% | -18.8% |
| % Gain to Breakeven | 50.8% | 23.1% |
| Time to Breakeven | 76 days | 79 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -30.7% | -6.7% |
| % Gain to Breakeven | 44.2% | 7.1% |
| Time to Breakeven | 85 days | 31 days |
| 2020 COVID-19 Crash | ||
| % Loss | -38.3% | -33.7% |
| % Gain to Breakeven | 62.2% | 50.9% |
| Time to Breakeven | 77 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -56.6% | -19.2% |
| % Gain to Breakeven | 130.2% | 23.8% |
| Time to Breakeven | 549 days | 105 days |
| 2016-2017 Trump Reflation Bond Selloff | ||
| % Loss | -46.0% | -3.7% |
| % Gain to Breakeven | 85.2% | 3.9% |
| Time to Breakeven | 137 days | 6 days |
| 2015-2016 China Devaluation / Global Growth Scare | ||
| % Loss | -37.8% | -12.2% |
| % Gain to Breakeven | 60.8% | 13.9% |
| Time to Breakeven | 59 days | 62 days |
| 2014-2016 Oil Price Collapse | ||
| % Loss | -28.6% | -6.8% |
| % Gain to Breakeven | 40.0% | 7.3% |
| Time to Breakeven | 14 days | 15 days |
| 2013 Taper Tantrum | ||
| % Loss | -89.9% | -0.2% |
| % Gain to Breakeven | 890.1% | 0.2% |
| Time to Breakeven | 372 days | 1 days |
In The Past
AGNT's stock fell -33.7% during the 2025 US Tariff Shock. Such a loss loss requires a 50.8% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About AGNT (AGNT)
eXp World Holdings, Inc. (AGNT) is a cloud-based real estate brokerage firm primarily serving residential homeowners and homebuyers. The company facilitates property transactions by enabling buyers to search real-time listings and sellers to list their properties through various digital platforms. AGNT connects these clients with an extensive network of professional agents and brokers, while also providing its affiliated brokers and agents with comprehensive marketing, training, and support services, powered by proprietary technology. Its global footprint extends across numerous countries, including the United States, Canada, the United Kingdom, Australia, and parts of Europe, Asia, and Latin America.
In addition to its core real estate operations, AGNT diversifies its business by building 3D virtual worlds for work, education, and events, reflecting its commitment to innovative technology. The company also develops essential agent websites and consumer real estate portal technology. Further expanding its ecosystem, AGNT operates the SUCCESS brand, which includes a print magazine, digital portal (SUCCESS.com), newsletters, podcasts, and digital training courses, offering resources for personal and professional development to a broader audience.
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Here are 1-3 brief analogies to describe AGNT:
- AGNT is like a digital-first Keller Williams or Re/Max, operating as a virtual, cloud-based real estate brokerage without traditional physical offices.
- Think of AGNT as the "Zoom for real estate agents," building a global brokerage where professionals connect, work, and train entirely within a proprietary 3D virtual world.
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- Cloud-based Real Estate Brokerage Services: Facilitates residential property transactions through its online platforms and network of agents and brokers.
- 3D Virtual World Development: Builds and operates immersive virtual worlds designed for work, education, and events.
- Real Estate Technology Solutions: Develops technology for agent websites and consumer real estate portals.
- SUCCESS Media and Training: Operates the SUCCESS print magazine, SUCCESS.com portal, newsletters, podcasts, and digital training courses.
- Broker and Agent Support Services: Provides marketing, training, and technology-enabled support to its real estate brokers and agents.
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AGNT (eXp World Holdings, Inc.) sells primarily to individuals. Its major customer categories are:
- Residential Homeowners: Individuals who list and sell their properties through eXp's real estate brokerage services.
- Homebuyers: Individuals who search for and purchase residential properties facilitated by eXp's network of agents and platforms.
- Real Estate Agents and Brokers: Independent professionals who utilize eXp's cloud-based platform, technology, marketing, training, and support services to conduct their real estate business.
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Glenn Sanford, Founder, Chairman, and CEO
Glenn Sanford is the Founder, Chairman, and CEO of AGNT, Inc., formerly eXp World Holdings, Inc.. He also serves as the CEO of eXp Realty and the Publisher and Managing Director of SUCCESS® Enterprises. Sanford founded eXp Realty in October 2009, establishing it as the first cloud-based national real estate brokerage without physical offices. Prior to his venture into real estate in 2002, he held executive roles in several technology companies, including founding eShippers.com, an e-commerce and logistics company, in 1998. His strategic vision has also led to key acquisitions for the company.
Jesse Hill, Chief Financial Officer
Jesse Hill was appointed Chief Financial Officer of AGNT, Inc. (formerly eXp World Holdings, Inc.) effective July 2, 2025. He previously served as the Interim CFO and principal financial officer since April 2025. Hill joined eXp in 2019, where he held several strategic finance leadership roles, including Vice President of International Finance & Corporate FP&A. Before joining eXp, he held financial positions at major corporations such as The Walt Disney Company, Nissan Motor Corporation, and General Motors. Hill was recognized as a 2025 Finance Leader by HousingWire for his impact on the real estate and mortgage sectors. He has been instrumental in eXp's international expansion efforts.
Leo Pareja, Chief Executive Officer, eXp Realty
Leo Pareja is the Chief Executive Officer for eXp Realty, the core subsidiary of AGNT, Inc.. He began his career in real estate at 19, and by the age of 28, he was recognized as the #1 Keller Williams Agent worldwide. During his 15 years in active real estate sales, Pareja sold approximately 4,000 homes, representing about $750 million in transactional volume. In 2012, he co-founded Washington Capital Partners, a private lending company on the East Coast that has originated over a billion dollars in loans. He also co-founded and scaled Remine in 2016, an MLS technology vendor that grew to serve over 1.1 million agents across 65 MLS & Association customers. Pareja exited both Washington Capital Partners and Remine before joining eXp Realty. He has also been significantly involved with the National Association of Hispanic Real Estate Professionals (NAHREP), serving as founding President of its Metro D.C. chapter and later as national president. In 2020, he co-founded the Pareja Family Foundation.
Wendy Forsythe, Chief Operating Officer, eXp Realty
Wendy Forsythe was promoted to Chief Operating Officer of eXp Realty, effective June 8, 2026. She previously served as the Chief Marketing Officer of eXp Realty for two years. Prior to joining eXp, Forsythe held several leadership positions in the real estate industry, including Chief Operating Officer at HomeSmart International, President for the California and Hawaii Region at Compass, and Chief Strategy Officer at Fathom Holdings.
Carrie Lysenko, Chief Technology Officer, eXp Realty
Carrie Lysenko was promoted to Chief Technology Officer of eXp Realty in December 2025. Before this role, she served as the Chief Executive Officer of Zoocasa.
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Key Risks to AGNT
- Dependence on Real Estate Market Conditions: eXp World Holdings, Inc.'s business results are materially influenced by the strength of the U.S. residential real estate sector and overall economic conditions. Higher interest rates and lower consumer confidence can lead to decreased demand for real estate services, directly impacting the company's revenue and growth prospects. A material decrease in brokerage commission rates, influenced by general economic and market factors, as well as the price and volume of homes sold, could also have a significant adverse effect on the company's profitability.
- Agent Attraction, Retention, and Productivity Challenges: The company's unique cloud-based brokerage model presents several risks related to its agents. Many agents may find the lack of corporate-provided physical office space challenging, preferring traditional brick-and-mortar offices for in-person interaction and local networking opportunities. This virtual environment can make it difficult for some agents, particularly new ones, to adjust and may lead to a desire for a more structured business setting. Furthermore, an aggressive recruitment culture by some eXp agents can create a negative perception, with some viewing it as a "recruiting scheme" rather than a true real estate brokerage. Agents may also experience variable support quality, overwhelming training resources without sufficient guidance, and find the commission split (80/20) and various fees unappealing compared to flat-fee brokerages. These factors collectively contribute to risks in agent attraction, retention, and overall productivity, which are crucial for the company's growth.
- Legal, Regulatory, and Compliance Scrutiny: The real estate industry is highly regulated, and eXp World Holdings, Inc. faces ongoing legal and regulatory scrutiny across various jurisdictions where it operates. Ensuring compliance with diverse regulations can lead to increased operational costs and potential legal contingencies. Past instances of an SEC subpoena requesting documentation related to commission and agent compensation practices indicate a history of regulatory oversight. The introduction and integration of emerging technologies, including artificial intelligence, also present various operational, compliance, and reputational risks.
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AGNT faces clear emerging threats from evolving business models and technological advancements that aim to disintermediate the traditional role of real estate agents, which is central to AGNT's cloud-based brokerage services.
- Emerging direct-to-consumer models (e.g., iBuyers and advanced online marketplaces): These models increasingly aim to bypass or significantly minimize the role of traditional real estate agents by connecting buyers and sellers more directly, or by companies purchasing properties outright for resale. This threatens AGNT's core business, which is built around supporting a network of agents and brokers.
- Advanced Artificial Intelligence (AI) and automation technologies: These technologies are increasingly capable of performing a significant portion of tasks traditionally handled by real estate agents, such as property valuation, lead generation, personalized recommendations, virtual showings, and even contract generation and negotiation. As AI becomes more sophisticated and integrated, it could reduce the necessity for human intervention in various stages of the real estate transaction, potentially diminishing the demand for and value of the real estate agents that AGNT supports.
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Expected Drivers of Future Revenue Growth for AGNT (eXp World Holdings, Inc.)
- Agent Growth and Retention: eXp World Holdings expects continued revenue growth through the consistent expansion of its agent count and improvements in agent retention. The company has shown a steady growth trajectory in agent recruitment, with approximately a 1% quarter-over-quarter increase. Maintaining momentum in agent growth, productivity, and retention is anticipated to drive higher revenue and overall performance.
- International Expansion: The international segment is a significant growth driver, identified as the fastest-growing segment in Q1, increasing by 27%. eXp World Holdings continues to invest in and expand its global presence, with plans to enter new countries and targets for increasing its agent base outside the United States.
- Investments in Technology and AI-Enabled Platform: The company emphasizes strategic investments in technology and agent training, including innovations in its AI-enabled platform. Integrating AI into its business, such as with the LYVVE™ international search engine and SUCCESS+™ coaching platform, aims to equip agents with advanced tools, thereby enhancing productivity and driving future revenue.
- Strategic Acquisitions and Multi-Model Platform Expansion: The acquisition of NextHome signifies a strategic move to expand into a multi-model real estate platform. While the near-term financial contribution from NextHome is expected to be modest, this acquisition broadens the company's platform and is anticipated to contribute to recurring revenue and long-term growth.
- Increased Agent Productivity: Efforts to enhance agent productivity are expected to contribute to revenue growth. Improved agent productivity has led to more agents reaching their cap, resulting in higher gross profit. This focus on enabling agents to be more productive directly translates into increased transaction volume and, consequently, higher revenue for the company.
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Share Repurchases
- eXp World Holdings repurchased $56.2 million of common stock in fiscal year 2025.
- The company amended its share repurchase plan on March 12, 2025, extending the terms of the plan through December 31, 2025.
- The existing Issuer Repurchase Plan was originally approved on January 10, 2022.
Outbound Investments
- eXp World Holdings made cash acquisitions of $6.15 million in fiscal year 2024, $9.91 million in fiscal year 2022, and $2.5 million in fiscal year 2021.
- Investments in securities by the company amounted to $13.25 million in fiscal year 2025, $5.45 million in fiscal year 2024, and $5.88 million in fiscal year 2023.
- For the trailing twelve months ending March 2026, investments in securities were $1.94 million.
Capital Expenditures
- Capital expenditures were $9.57 million in fiscal year 2025, $6.48 million in fiscal year 2024, and $5.36 million in fiscal year 2023.
- In the trailing twelve months ending March 2026, capital expenditures totaled $9.53 million.
- For fiscal year 2022, capital expenditures were $12.05 million, and $13.42 million in fiscal year 2021.
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 3.75 |
| Mkt Cap | 0.7 |
| Rev LTM | 2,386 |
| Op Inc LTM | -17 |
| FCF LTM | 43 |
| FCF 3Y Avg | 51 |
| CFO LTM | 55 |
| CFO 3Y Avg | 60 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 21.1% |
| Rev Chg 3Y Avg | 7.8% |
| Rev Chg Q | 11.8% |
| QoQ Delta Rev Chg LTM | 2.7% |
| Op Inc Chg LTM | -4.0% |
| Op Inc Chg 3Y Avg | 24.2% |
| Op Mgn LTM | -1.1% |
| Op Mgn 3Y Avg | -3.8% |
| QoQ Delta Op Mgn LTM | 0.1% |
| CFO/Rev LTM | 1.3% |
| CFO/Rev 3Y Avg | 2.3% |
| FCF/Rev LTM | 1.0% |
| FCF/Rev 3Y Avg | 2.1% |
Segment Financials
Revenue by Segment| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| North American Realty | 4,625 | 4,478 | 4,220 | 4,553 | |
| International Realty | 147 | 88 | 54 | 36 | |
| Other Affiliated Services | 3 | 6 | 5 | 5 | |
| Segment eliminations | -2 | -5 | -5 | -4 | |
| Virbela | 8 | ||||
| Single Segment | 3,771 | ||||
| Total | 4,772 | 4,568 | 4,274 | 4,598 | 3,771 |
| $ Mil | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| North American Realty | 9 | 16 | 91 | 103 |
| Other Affiliated Services | -6 | -12 | -4 | -3 |
| International Realty | -12 | -10 | -14 | -14 |
| Corporate expenses and other | -13 | -13 | -8 | -10 |
| Depreciation and amortization expense | -11 | -17 | ||
| Impairment expense | 0 | 0 | ||
| Litigation contingency | 0 | |||
| Stock option expense | -11 | -14 | ||
| Stock-based compensation expense | -43 | -31 | ||
| Virbela | -10 | |||
| Total | -21 | -19 | 1 | 5 |
| $ Mil | 2015 |
|---|---|
| US | 1 |
| Canada | 0 |
| Total | 1 |
Price Behavior
| Market Price | $5.32 | |
| Market Cap ($ Bil) | 0.9 | |
| First Trading Date | 11/19/2013 | |
| Distance from 52W High | -54.1% | |
| 50 Days | 200 Days | |
| DMA Price | $5.31 | $7.98 |
| DMA Trend | down | down |
| Distance from DMA | 0.1% | -33.3% |
| 3M | 1YR | |
| Volatility | 61.5% | 50.5% |
| Downside Capture | 150.31 | 197.73 |
| Upside Capture | 45.03 | 88.48 |
| Correlation (SPY) | 20.4% | 31.3% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 0.17 | 0.42 | 0.80 | 1.02 | 1.25 | 1.24 |
| Up Beta | 0.78 | 1.27 | 1.33 | 1.37 | 1.43 | 1.15 |
| Down Beta | 2.18 | 0.23 | -0.09 | 0.33 | 0.86 | 0.79 |
| Up Capture | -8% | -18% | 32% | 40% | 79% | 135% |
| Bmk +ve Days | 11 | 24 | 40 | 67 | 140 | 429 |
| Stock +ve Days | 10 | 19 | 30 | 55 | 115 | 354 |
| Down Capture | -117% | 80% | 138% | 164% | 148% | 111% |
| Bmk -ve Days | 10 | 17 | 23 | 58 | 112 | 321 |
| Stock -ve Days | 11 | 22 | 31 | 64 | 129 | 383 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with AGNT | |
|---|---|---|---|---|
| AGNT | -42.6% | 50.2% | -0.93 | - |
| Sector ETF (XLRE) | 9.9% | 14.1% | 0.44 | 38.7% |
| Equity (SPY) | 21.7% | 12.5% | 1.29 | 31.5% |
| Gold (GLD) | 23.1% | 27.7% | 0.73 | 0.7% |
| Commodities (DBC) | 21.3% | 18.6% | 0.90 | -26.6% |
| Real Estate (VNQ) | 13.6% | 13.8% | 0.68 | 43.9% |
| Bitcoin (BTCUSD) | -42.0% | 42.7% | -1.15 | 20.9% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with AGNT | |
|---|---|---|---|---|
| AGNT | -32.0% | 63.3% | -0.35 | - |
| Sector ETF (XLRE) | 3.4% | 19.1% | 0.08 | 40.9% |
| Equity (SPY) | 13.3% | 17.1% | 0.60 | 45.5% |
| Gold (GLD) | 17.9% | 18.3% | 0.79 | 6.4% |
| Commodities (DBC) | 6.9% | 19.5% | 0.25 | 4.3% |
| Real Estate (VNQ) | 3.1% | 18.9% | 0.06 | 44.8% |
| Bitcoin (BTCUSD) | 12.2% | 53.8% | 0.41 | 29.9% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with AGNT | |
|---|---|---|---|---|
| AGNT | 21.0% | 68.4% | 0.58 | - |
| Sector ETF (XLRE) | 6.8% | 20.4% | 0.29 | 30.0% |
| Equity (SPY) | 15.4% | 18.0% | 0.73 | 36.5% |
| Gold (GLD) | 12.1% | 16.1% | 0.61 | 5.2% |
| Commodities (DBC) | 5.7% | 18.0% | 0.25 | 8.7% |
| Real Estate (VNQ) | 5.5% | 20.7% | 0.23 | 32.4% |
| Bitcoin (BTCUSD) | 59.0% | 66.2% | 0.99 | 12.8% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Earnings Returns History
Updated 6/11/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 5/11/2026 | -8.5% | -28.0% | -25.9% |
| 2/24/2026 | -2.3% | -6.0% | -18.0% |
| 11/6/2025 | 11.3% | 12.4% | 8.0% |
| 7/31/2025 | -12.6% | -5.0% | 0.9% |
| 5/6/2025 | -14.0% | -8.3% | 1.1% |
| 2/20/2025 | -9.5% | -10.0% | -11.7% |
| 11/7/2024 | -5.1% | -8.2% | -11.7% |
| 7/31/2024 | -10.6% | -17.7% | -14.3% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 9 | 9 | 12 |
| # Negative | 15 | 15 | 12 |
| Median Positive | 10.8% | 16.7% | 9.0% |
| Median Negative | -8.5% | -9.2% | -13.0% |
| Max Positive | 36.0% | 45.4% | 96.7% |
| Max Negative | -14.0% | -28.0% | -25.9% |
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 5/11/2026 | -8.5% | -28.0% | -25.9% |
| 2/24/2026 | -2.3% | -6.0% | -18.0% |
| 11/6/2025 | 11.3% | 12.4% | 8.0% |
| 7/31/2025 | -12.6% | -5.0% | 0.9% |
| 5/6/2025 | -14.0% | -8.3% | 1.1% |
| 2/20/2025 | -9.5% | -10.0% | -11.7% |
| 11/7/2024 | -5.1% | -8.2% | -11.7% |
| 7/31/2024 | -10.6% | -17.7% | -14.3% |
| 5/1/2024 | 10.8% | 16.7% | 10.9% |
| 2/22/2024 | -1.6% | 18.2% | -11.6% |
| 11/2/2023 | 1.7% | -13.7% | -5.2% |
| 8/3/2023 | -3.2% | -9.2% | -23.7% |
| 5/2/2023 | 13.5% | 14.4% | 36.4% |
| 2/28/2023 | -2.5% | -3.2% | 1.7% |
| 11/2/2022 | -11.3% | -13.1% | 1.4% |
| 8/3/2022 | -2.3% | 2.5% | -18.4% |
| 5/4/2022 | 7.7% | -10.7% | 1.5% |
| 2/24/2022 | 19.5% | 13.1% | -0.2% |
| 11/3/2021 | -1.3% | -8.9% | -25.6% |
| 8/4/2021 | 36.0% | 45.4% | 41.8% |
| 5/6/2021 | -8.5% | -19.7% | 9.9% |
| 3/11/2021 | 9.9% | 21.9% | -8.9% |
| 11/9/2020 | -12.5% | -7.7% | 23.2% |
| 8/5/2020 | 5.8% | 31.4% | 96.7% |
| SUMMARY STATS | |||
| # Positive | 9 | 9 | 12 |
| # Negative | 15 | 15 | 12 |
| Median Positive | 10.8% | 16.7% | 9.0% |
| Median Negative | -8.5% | -9.2% | -13.0% |
| Max Positive | 36.0% | 45.4% | 96.7% |
| Max Negative | -14.0% | -28.0% | -25.9% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 03/31/2026 | 05/11/2026 | 10-Q |
| 12/31/2025 | 02/24/2026 | 10-K |
| 09/30/2025 | 11/06/2025 | 10-Q |
| 06/30/2025 | 07/31/2025 | 10-Q |
| 03/31/2025 | 05/06/2025 | 10-Q |
| 12/31/2024 | 02/20/2025 | 10-K |
| 09/30/2024 | 11/07/2024 | 10-Q |
| 06/30/2024 | 07/31/2024 | 10-Q |
| 03/31/2024 | 05/01/2024 | 10-Q |
| 12/31/2023 | 02/22/2024 | 10-K |
| 09/30/2023 | 11/02/2023 | 10-Q |
| 06/30/2023 | 08/03/2023 | 10-Q |
| 03/31/2023 | 05/02/2023 | 10-Q |
| 12/31/2022 | 02/28/2023 | 10-K |
| 09/30/2022 | 11/02/2022 | 10-Q |
| 06/30/2022 | 08/03/2022 | 10-Q |
| Report Date | Filing Date | Filing |
|---|---|---|
| 03/31/2026 | 05/11/2026 | 10-Q |
| 12/31/2025 | 02/24/2026 | 10-K |
| 09/30/2025 | 11/06/2025 | 10-Q |
| 06/30/2025 | 07/31/2025 | 10-Q |
| 03/31/2025 | 05/06/2025 | 10-Q |
| 12/31/2024 | 02/20/2025 | 10-K |
| 09/30/2024 | 11/07/2024 | 10-Q |
| 06/30/2024 | 07/31/2024 | 10-Q |
| 03/31/2024 | 05/01/2024 | 10-Q |
| 12/31/2023 | 02/22/2024 | 10-K |
| 09/30/2023 | 11/02/2023 | 10-Q |
| 06/30/2023 | 08/03/2023 | 10-Q |
| 03/31/2023 | 05/02/2023 | 10-Q |
| 12/31/2022 | 02/28/2023 | 10-K |
| 09/30/2022 | 11/02/2022 | 10-Q |
| 06/30/2022 | 08/03/2022 | 10-Q |
| 03/31/2022 | 05/04/2022 | 10-Q |
| 12/31/2021 | 02/25/2022 | 10-K |
| 09/30/2021 | 11/03/2021 | 10-Q |
| 06/30/2021 | 08/04/2021 | 10-Q |
| 03/31/2021 | 05/06/2021 | 10-Q |
| 12/31/2020 | 03/11/2021 | 10-K |
| 09/30/2020 | 11/09/2020 | 10-Q |
| 06/30/2020 | 08/05/2020 | 10-Q |
| 03/31/2020 | 05/05/2020 | 10-Q |
| 12/31/2019 | 03/12/2020 | 10-K |
| 09/30/2019 | 11/06/2019 | 10-Q |
| 06/30/2019 | 08/08/2019 | 10-Q |
Recent Forward Guidance
Updated 5/31/2026Latest: Q1 2026 Earnings Reported 5/11/2026
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q2 2026 Revenue | 1.36 Bil | 1.41 Bil | 1.45 Bil | ||||
| Q2 2026 Operating expenses | 93.00 Mil | 95.00 Mil | 97.00 Mil | ||||
| Q2 2026 Adjusted EBITDA | 16.00 Mil | 18.50 Mil | 21.00 Mil | ||||
| 2026 Revenue | 4.85 Bil | 5.00 Bil | 5.15 Bil | 0 | Affirmed | Guidance: 5.00 Bil for 2026 | |
| 2026 Operating expenses | 325.00 Mil | 335.00 Mil | 345.00 Mil | 0 | Affirmed | Guidance: 335.00 Mil for 2026 | |
| 2026 Adjusted EBITDA | 50.00 Mil | 62.50 Mil | 75.00 Mil | 0 | Affirmed | Guidance: 62.50 Mil for 2026 | |
Prior: Q4 2025 Earnings Reported 2/24/2026
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q1 2026 Revenue | 960.00 Mil | 970.00 Mil | 980.00 Mil | ||||
| Q1 2026 Operating Expenses | 82.00 Mil | 84.00 Mil | 86.00 Mil | ||||
| Q1 2026 Adjusted EBITDA | 2.00 Mil | 3.50 Mil | 5.00 Mil | ||||
| 2026 Revenue | 4.85 Bil | 5.00 Bil | 5.15 Bil | ||||
| 2026 Operating Expenses | 325.00 Mil | 335.00 Mil | 345.00 Mil | ||||
| 2026 Adjusted EBITDA | 50.00 Mil | 62.50 Mil | 75.00 Mil | ||||
Insider Activity
Updated 5/18/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Miles, Randall D | Direct | Sell | 12022025 | 11.20 | 10,000 | 112,019 | 5,457,454 | Form | |
| 2 | Sanford, Penny | by Trust | Sell | 11262025 | 12.04 | 117,179 | 1,411,152 | 321,914,787 | Form | |
| 3 | Miles, Randall D | Direct | Sell | 11042025 | 10.02 | 10,000 | 100,216 | 4,982,639 | Form | |
| 4 | Miles, Randall D | Direct | Sell | 10012025 | 10.47 | 10,000 | 104,651 | 5,307,794 | Form | |
| 5 | Miles, Randall D | Direct | Sell | 9112025 | 11.04 | 10,000 | 110,390 | 5,709,260 | Form |
| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Miles, Randall D | Direct | Sell | 12022025 | 11.20 | 10,000 | 112,019 | 5,457,454 | Form | |
| 2 | Sanford, Penny | by Trust | Sell | 11262025 | 12.04 | 117,179 | 1,411,152 | 321,914,787 | Form | |
| 3 | Miles, Randall D | Direct | Sell | 11042025 | 10.02 | 10,000 | 100,216 | 4,982,639 | Form | |
| 4 | Miles, Randall D | Direct | Sell | 10012025 | 10.47 | 10,000 | 104,651 | 5,307,794 | Form | |
| 5 | Miles, Randall D | Direct | Sell | 9112025 | 11.04 | 10,000 | 110,390 | 5,709,260 | Form | |
| 6 | Miles, Randall D | Direct | Sell | 8132025 | 10.10 | 8,700 | 87,872 | 5,324,724 | Form | |
| 7 | Miles, Randall D | Direct | Sell | 8082025 | 10.25 | 1,300 | 13,325 | 5,492,872 | Form | |
| 8 | Miles, Randall D | Direct | Sell | 6102025 | 9.15 | 10,000 | 91,500 | 4,915,288 | Form | |
| 9 | Sanford, Glenn Darrel | CEO and Chairman of the Board | Direct | Sell | 5192025 | 7.99 | 25,000 | 199,628 | 316,436,737 | Form |
| 10 | Sanford, Glenn Darrel | CEO and Chairman of the Board | Direct | Sell | 5122025 | 7.81 | 25,000 | 195,270 | 309,724,777 | Form |
| 11 | Sanford, Glenn Darrel | CEO and Chairman of the Board | Direct | Sell | 5052025 | 8.94 | 25,000 | 223,525 | 354,764,574 | Form |
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