eXp World (EXPI)
Market Price (5/27/2026): $4.9 | Market Cap: $793.9 MilSector: Real Estate | Industry: Real Estate Services
eXp World (EXPI)
Market Price (5/27/2026): $4.9Market Cap: $793.9 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 -11% Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -25% Attractive yieldDividend Yield is 2.9%, FCF Yield is 8.2% Low stock price volatilityVol 12M is 46% Megatrend and thematic driversMegatrends include Cloud Computing, and Smart Buildings & Proptech. Themes include Software as a Service (SaaS), Platform as a Service (PaaS), Show more. | Weak multi-year price returns2Y Excs Rtn is -85%, 3Y Excs Rtn is -131% 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 14.45 | 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 -2.8% Key risksEXPI key risks include [1] challenges to the agent growth and retention that is critical to its unique revenue-sharing model and [2] regulatory and legal pressures that could force fundamental changes to its agent compensation structure. |
| 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 -11% |
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -25% |
| Attractive yieldDividend Yield is 2.9%, FCF Yield is 8.2% |
| Low stock price volatilityVol 12M is 46% |
| Megatrend and thematic driversMegatrends include Cloud Computing, and Smart Buildings & Proptech. Themes include Software as a Service (SaaS), Platform as a Service (PaaS), Show more. |
| Weak multi-year price returns2Y Excs Rtn is -85%, 3Y Excs Rtn is -131% |
| 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 14.45 |
| 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 -2.8% |
| Key risksEXPI key risks include [1] challenges to the agent growth and retention that is critical to its unique revenue-sharing model and [2] regulatory and legal pressures that could force fundamental changes to its agent compensation structure. |
Qualitative Assessment
AI Analysis | Feedback
1. Continued Net Losses and Declining Agent Satisfaction.
Despite exceeding analyst estimates for Q1 2026 with a narrower GAAP net loss of $(5.1) million, compared to an $(11.0) million loss in the prior year, eXp World Holdings continues to operate at a net loss. Furthermore, the company's global agent Net Promoter Score (aNPS), a key indicator of agent satisfaction, significantly decreased to 67 in Q1 2026 from 78 in the same period last year, suggesting potential challenges in agent engagement and retention within its core business model.
2. Cautious Outlook Amid Macroeconomic Headwinds.
Management maintained a cautious stance on its full-year 2026 guidance, reiterating revenue in the range of $4.85 billion to $5.15 billion and adjusted EBITDA between $50 million and $75 million. This decision was attributed to "growing uncertainty and tightening macroeconomic environment" and "less visibility into the second half" of the year. Analysts have also noted "softer U.S. agent trends and weak January existing home sales data," contributing to a less optimistic outlook for the real estate sector and consequently, for eXp World. This cautious guidance, despite some Q1 beats, likely dampened investor enthusiasm for the stock.
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Stock Movement Drivers
Fundamental Drivers
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Market Drivers
1/31/2026 to 5/26/2026| Return | Correlation | |
|---|---|---|
| EXPI | -24.9% | |
| Market (SPY) | 8.8% | 46.9% |
| Sector (XLRE) | 8.6% | 39.4% |
Fundamental Drivers
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Market Drivers
10/31/2025 to 5/26/2026| Return | Correlation | |
|---|---|---|
| EXPI | -33.4% | |
| Market (SPY) | 10.7% | 39.7% |
| Sector (XLRE) | 11.3% | 38.8% |
Fundamental Drivers
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Market Drivers
4/30/2025 to 5/26/2026| Return | Correlation | |
|---|---|---|
| EXPI | -24.7% | |
| Market (SPY) | 36.9% | 40.9% |
| Sector (XLRE) | 12.0% | 40.4% |
Fundamental Drivers
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Market Drivers
4/30/2023 to 5/26/2026| Return | Correlation | |
|---|---|---|
| EXPI | -39.1% | |
| Market (SPY) | 87.5% | 36.4% |
| Sector (XLRE) | 31.3% | 39.4% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| EXPI Return | 7% | -67% | 42% | -25% | -20% | -25% | -77% |
| Peers Return | 98% | -72% | 19% | 36% | 17% | -34% | -31% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 9% | 99% |
Monthly Win Rates [3] | |||||||
| EXPI Win Rate | 42% | 25% | 50% | 50% | 33% | 40% | |
| Peers Win Rate | 26% | 31% | 48% | 50% | 46% | 35% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 60% | |
Max Drawdowns [4] | |||||||
| EXPI Max Drawdown | -71% | -69% | -54% | -42% | -36% | -40% | |
| Peers Max Drawdown | -68% | -76% | -58% | -47% | -44% | -54% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: COMP, REAX, FTHM, DOUG. See EXPI Returns vs. Peers.
[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 5/26/2026 (YTD)
How Low Can It Go
| Event | EXPI | 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 |
In The Past
eXp World'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.
| Event | EXPI | 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 |
In The Past
eXp World'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 eXp World (EXPI)
AI Analysis | Feedback
Here are 1-3 brief analogies to describe eXp World (EXPI):
- A virtual RE/MAX
- Shopify for real estate agents
- A virtual WeWork for real estate agents
AI Analysis | Feedback
- Real Estate Brokerage Services: Cloud-based services facilitating property listings, searches, and access to a network of real estate professionals for residential buyers and sellers.
- Virtual World Development: Creation and operation of 3D virtual worlds designed for work, education, and events.
- Real Estate Technology Solutions: Development and provision of technology for agent websites and consumer real estate portals.
- SUCCESS Media and Training Platforms: Publishes the SUCCESS print magazine, operates SUCCESS.com, newsletters, podcasts, and digital training courses.
- Third-Party Technology and Support: Offers specialized technology and support services to external companies and organizations.
AI Analysis | Feedback
eXp World (symbol: EXPI) primarily serves individuals. Its major customer categories include:
- Real Estate Agents and Brokers: These professionals utilize eXp's cloud-based platform, technology, marketing, training, and support services to conduct their real estate business. They are central to eXp's brokerage model.
- Residential Homebuyers: Individuals looking to purchase properties are served through eXp's network of agents and its various platforms, which facilitate searching for listings and completing transactions.
- Residential Homeowners (Sellers): Individuals looking to sell their properties are served through eXp's network of agents and its platforms, enabling them to list properties and manage the sales process.
AI Analysis | Feedback
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Glenn Sanford, Founder, Chairman and CEO, eXp World Holdings
Glenn Sanford is the founder, Chairman, and CEO of eXp World Holdings, a company he established in October 2009. He has been actively involved in the online real estate space since 2002. Prior to eXp, Sanford founded eShippers.com in 1998, an online e-commerce and logistics company, and held executive roles in several technology-related companies. In early 2007, he launched BuyerTours Realty, LLC. After the 2008 market downturn, Sanford and his team rewrote the business model, leading to the creation of eXp Realty, the first cloud-based national real estate brokerage, in 2009. Under his leadership, eXp Realty became a public company in 2013 and has expanded globally, driven by a focus on innovation and agent-centric services. His strategic vision has also been instrumental in key acquisitions, including Verbela and Zoocasa.
Jesse Hill, Chief Financial Officer, eXp World Holdings
Jesse Hill serves as the Chief Financial Officer of eXp World Holdings, a position he assumed permanently in July 2025, after serving as Interim CFO since April 2025. He joined eXp in 2019 and oversees the company's global financial strategy, operations, and infrastructure. Before his tenure at eXp, Hill held various financial positions at prominent companies such as The Walt Disney Company, Nissan Motor Corporation, and General Motors. He has been recognized for his contributions to eXp's international expansion efforts, which significantly boosted revenue and improved operating margins in the International Realty segment. Hill was named a 2025 Finance Leader by HousingWire.
Leo Pareja, Chief Executive Officer, eXp Realty
Leo Pareja is the Chief Executive Officer of eXp Realty, a core subsidiary of eXp World Holdings, a role he took on in April 2024. He joined eXp Realty in 2022, bringing over two decades of experience as a top-producing real estate agent. Pareja's entrepreneurial background includes co-founding Washington Capital Partners, one of the largest private lending firms on the U.S. East Coast, and Remine, an MLS technology vendor. He was previously the Chief Strategy Officer at eXp Realty and President of Affiliated Services. Pareja was recognized as the #1 Keller Williams Agent in the world by age 28 and has held leadership roles within the National Association of Hispanic Real Estate Professionals (NAHREP), including serving as its 2017 National President.
Carrie Lysenko, Chief Technology Officer, eXp Realty
Carrie Lysenko is the Chief Technology Officer for eXp Realty, where she leads the company's global technology strategy and digital product roadmap. Her focus is on developing intuitive, high-impact ecosystems that empower eXp agents to scale their businesses and deepen client relationships. Lysenko brings an "agent-first" perspective to her role, having previously served as the Chief Executive Officer of Zoocasa.
Seth Siegler, Chief Innovation Officer, eXp Realty
Seth Siegler serves as the Chief Innovation Officer for eXp Realty, having joined the company in 2019. In this role, he is responsible for leading the development and testing of emerging technologies aimed at improving agent productivity and streamlining real estate transactions. Siegler has over 20 years of experience at the intersection of real estate and technology. He is a recognized startup founder with two successful exits and holds multiple software patents. He was named a 2021 HousingWire Tech Trendsetter and is a multi-time Inman Innovator Award finalist.
AI Analysis | Feedback
eXp World Holdings, Inc. (EXPI) faces several key risks to its business, primarily stemming from external market forces, internal operational dependencies, and the broader regulatory environment. The most significant risk is the **cyclical nature and fluctuations of the real estate market**. As a real estate brokerage, eXp World Holdings' financial performance is heavily dependent on the health of the housing market, including factors such as U.S. housing cycles, mortgage rates, affordability, and inventory levels. Economic downturns, rising interest rates, and constraints on affordability can lead to reduced home sales activity, which directly impacts the company's revenue and growth expectations. This is considered a macro headwind that no single brokerage can fully avoid. Another critical risk is **agent retention and the intense competitive landscape**. eXp's business model relies heavily on attracting and retaining real estate agents, which is the "engine of their revenue-share model." While eXp has seen increases in agent productivity, the total number of agents on its platform has, at times, experienced declines, signaling potential struggles in attracting or retaining agents in a tough market. The real estate industry is highly competitive, with traditional brokerages and new direct-to-consumer technology models posing threats. There is evidence of agents leaving eXp for competing brokerages, and some agents struggle to adjust to the cloud-based virtual model or have unrealistic expectations regarding revenue share. Finally, **legal and regulatory risks** present a notable challenge. eXp World Holdings has faced significant litigation, including a $34 million antitrust class action settlement. Beyond direct financial costs, broader regulatory changes, such as those stemming from the National Association of Realtors (NAR) settlement on buyer-broker compensation, could fundamentally reshape commission structures and buyer representation economics, potentially impacting future margins and agent behavior. The company also faces ongoing legal and regulatory scrutiny related to securities, intellectual property, and labor and employment matters, including a derivative lawsuit concerning workplace sexual misconduct.AI Analysis | Feedback
The accelerating development and adoption of advanced artificial intelligence and automation platforms within the real estate sector. These technologies have the potential to significantly streamline or automate various aspects of property transactions, from lead generation and property matching to valuations and contract drafting. This could diminish the traditional need for human agents and brokers, thereby undermining the core value proposition of an agent-centric brokerage model like eXp's.
AI Analysis | Feedback
eXp World Holdings, Inc. (EXPI) operates within several significant addressable markets, primarily focusing on residential real estate brokerage, virtual world technologies, and real estate technology solutions.
Residential Real Estate Brokerage Services
The company's core business revolves around cloud-based real estate brokerage services for residential homeowners and homebuyers. The addressable market for these services is substantial globally and in key regions where eXp World operates:
- Global Residential Real Estate Market: The market was valued at approximately USD 10.64 trillion in 2024 and is projected to reach USD 23.49 trillion by 2033, growing at a compound annual growth rate (CAGR) of 9.20% from 2025 to 2033. Another estimate places the total value of the world's residential real estate at €260 trillion (approximately USD 282 trillion) by the end of 2024.
- U.S. Residential Real Estate Market: The market size is estimated at USD 3.81 trillion in 2026 and is expected to reach USD 4.21 trillion by 2031, with a CAGR of 2.04% during that period.
- Canada Residential Real Estate Market: The Canadian residential real estate market size is USD 59.3 billion in 2024. The broader Canadian real estate market (including residential) is projected to increase from CAD 262.8 billion (approximately USD 183.8 billion) in 2024 to CAD 331 billion (approximately USD 231.5 billion) by 2033. The residential segment alone is projected to reach USD 50.82 billion by 2031.
- U.K. Residential Real Estate Market: The U.K. residential real estate market is estimated at USD 360.27 billion in 2024 and is expected to reach USD 476.46 billion by 2029, growing at a CAGR of 5.75%. Another source indicates the market size reached USD 389.82 billion in 2024 and is expected to reach USD 674.33 billion by 2033.
3D Virtual Worlds for Work, Education, and Events (Metaverse and Virtual Events)
eXp World Holdings is also involved in building 3D virtual worlds for various purposes. This area aligns with the growing metaverse and virtual events markets:
- Global Metaverse Market: The global metaverse market size was estimated at USD 105.40 billion in 2024 and is projected to reach USD 936.57 billion by 2030, exhibiting a significant CAGR of 46.4% from 2025 to 2030. Other estimates for the global metaverse market size in 2024 range from USD 783.3 billion to USD 118.93 billion. The U.S. metaverse market size was valued at USD 27.31 billion in 2023 and is anticipated to reach around USD 1,303.42 billion by 2033.
- Global Virtual Events Market: The global virtual events market size was estimated at USD 98.07 billion in 2024 and is projected to reach USD 297.16 billion by 2030, with a CAGR of 20.0% from 2025 to 2030. Another report valued the market at USD 392.10 billion in 2023, expecting it to reach USD 1,388.4 billion by 2035.
Real Estate Technology (PropTech), Agent Software, and Support Services
The company provides agent website and consumer real estate portal technology, marketing, training, and other support services, falling under the broader real estate software and PropTech markets:
- Global Real Estate Software Market: This market was valued at USD 12.86 billion in 2024 and is poised to grow to USD 38.33 billion by 2033, with a CAGR of 12.9% during the forecast period (2026–2033).
- Global PropTech Market: The global PropTech market size was approximately USD 35.9 billion in 2024 and is predicted to grow to around USD 124.6 billion by 2035, at a CAGR of 11.98% from 2025 to 2035.
- Global IT in Real Estate Market: This market, which includes various technological solutions for the real estate industry, was valued at USD 10.52 billion in 2024 and is expected to reach USD 23.16 billion by 2032.
AI Analysis | Feedback
eXp World Holdings, Inc. (EXPI) anticipates several key drivers to fuel its revenue growth over the next two to three years: * International Expansion: The company is aggressively expanding its global footprint, aiming to have 50,000 agents in 50 countries outside the U.S. by 2030. Recent and planned expansions include Türkiye, Peru, Egypt, Ecuador, Romania, the Netherlands, Japan, South Korea, and Luxembourg. This strategy has already shown significant results, with international revenue more than doubling year-over-year in Q1 2025 and growing by 59% in Q2 2025, and surging 72% in Q4 2024. * Agent Growth and Productivity: eXp World Holdings continues to prioritize attracting, retaining, and enhancing the productivity of its agent network. The company has seen sequential quarter-over-quarter increases in agent count in Q2 and Q3 2025, indicating that its strategies for agent attraction and retention are effective. Improved agent productivity and an increase in transactions per agent are also significant contributors to revenue growth. * Technology and AI Integration: Strategic investments in technology, particularly artificial intelligence (AI), are expected to drive future revenue growth by enhancing agent capabilities and operational efficiency. The company is leveraging AI for advanced personal growth platforms, pioneering open-source solutions for industry transparency, and utilizing virtual environments for agent collaboration and training. A partnership with Land id to expand property data capabilities is also part of this strategy. * Diversification through Subsidiaries (SUCCESS Enterprises and Virbela): Strengthening its subsidiaries, such as Virbela for virtual collaboration and education, and SUCCESS Enterprises for personal development, is a core component of the company's growth strategy. This diversification is crucial for the eXp World Holdings business model and is expected to create new revenue streams. The SUCCESS segment specifically encompasses coaching, training, and media operations. * Launch of New Products and Services: eXp World Holdings is expanding its offerings, including the recent launch of its eXp New Homes division on March 5 to penetrate the new construction market. This new specialized division aims to empower agents in the new home sector through builder-specific training, certifications, and marketing tools.AI Analysis | Feedback
Share Repurchases
- eXp World Holdings, Inc. distributed $87.0 million to shareholders in fiscal 2025, including $56.2 million of common stock repurchases.
- The company's board approved an Eleventh Amendment to its Issuer Repurchase Plan on August 6, 2025, modifying monthly repurchase amounts and extending the plan through November 30, 2025.
- In the third quarter of 2025, eXp World Holdings made $16.4 million in stock repurchases.
Share Issuance
- As of December 31, 2025, eXp World Holdings, Inc. had 207,785,762 shares issued and 161,049,979 shares outstanding.
- The company is authorized to issue up to 900,000,000 shares of common stock.
- eXp World Holdings issues stock under equity incentive plans, such as the 2024 Equity Incentive Plan (which replaced the 2015 plan in September 2024), which may lead to future stockholder dilution.
Capital Expenditures
- eXp World Holdings, Inc.'s Capital Expenditure was USD -9.6 million in 2025, a decrease of 47.6% year-over-year.
- The company continued to invest in its technology platform and agent-facing tools, including the launch of its CRM of Choice initiative and LYVVE TM global property search platform in the third quarter of 2025.
- Property, plant, and equipment, net, increased to $14.3 million in 2025 from $11.6 million in 2024.
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| eXp World Earnings Notes | 12/16/2025 | |
| Would You Still Hold eXp World Stock If It Fell Another 30%? | 10/17/2025 | |
| eXp World (EXPI) Operating Cash Flow Comparison | 08/08/2025 | |
| eXp World (EXPI) EBITDA Comparison | 08/08/2025 | |
| eXp World (EXPI) Debt Comparison | 08/08/2025 | |
| eXp World (EXPI) Net Income Comparison | 08/08/2025 | |
| eXp World (EXPI) Revenue Comparison | 08/08/2025 | |
| eXp World (EXPI) Tax Expense Comparison | 08/08/2025 | |
| eXp World (EXPI) Operating Income Comparison | 08/08/2025 | |
| EXPI Dip Buy Analysis | 07/10/2025 | |
| ARTICLES | ||
| Stocks Trading At 52-Week Low | 04/08/2026 |
Trade Ideas
Select ideas related to EXPI.
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|---|---|---|---|---|---|---|---|
| 03272026 | SBAC | SBA Communications | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 32.4% | 32.4% | 0.0% |
| 03132026 | HIW | Highwoods Properties | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 13.3% | 13.3% | -4.1% |
| 03062026 | ARE | Alexandria Real Estate Equities | Insider | Insider Buys | Low D/EStrong Insider BuyingCompanies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | -18.9% | -18.9% | -19.1% |
| 03062026 | VNO | Vornado Realty Trust | Insider | Insider Buys | Low D/EStrong Insider BuyingCompanies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | 11.0% | 11.0% | -8.3% |
| 02272026 | KRC | Kilroy Realty | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 13.7% | 13.7% | -5.4% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 1.82 |
| Mkt Cap | 0.4 |
| Rev LTM | 2,080 |
| Op Inc LTM | -20 |
| FCF LTM | 16 |
| FCF 3Y Avg | 47 |
| CFO LTM | 37 |
| CFO 3Y Avg | 49 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 25.4% |
| Rev Chg 3Y Avg | 2.9% |
| Rev Chg Q | 5.3% |
| QoQ Delta Rev Chg LTM | 1.1% |
| Op Inc Chg LTM | -40.1% |
| Op Inc Chg 3Y Avg | 19.9% |
| Op Mgn LTM | -1.8% |
| Op Mgn 3Y Avg | -2.8% |
| QoQ Delta Op Mgn LTM | 0.0% |
| CFO/Rev LTM | 0.4% |
| CFO/Rev 3Y Avg | 1.2% |
| FCF/Rev LTM | 0.2% |
| FCF/Rev 3Y Avg | 0.9% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 0.4 |
| P/S | 0.2 |
| P/Op Inc | -41.8 |
| P/EBIT | -17.3 |
| P/E | -0.9 |
| P/CFO | 5.5 |
| Total Yield | 0.2% |
| Dividend Yield | 0.0% |
| FCF Yield 3Y Avg | 1.5% |
| D/E | 0.6 |
| Net D/E | 0.0 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -5.6% |
| 3M Rtn | -16.3% |
| 6M Rtn | -42.4% |
| 12M Rtn | -36.2% |
| 3Y Rtn | -40.2% |
| 1M Excs Rtn | -10.6% |
| 3M Excs Rtn | -25.4% |
| 6M Excs Rtn | -48.6% |
| 12M Excs Rtn | -42.3% |
| 3Y Excs Rtn | -120.1% |
Comparison Analyses
Segment Financials
Revenue by Segment| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| North American Realty | 4,478 | 4,220 | 4,553 | ||
| International Realty | 88 | 54 | 36 | ||
| Other Affiliated Services | 6 | 5 | 5 | ||
| Segment eliminations | -5 | -5 | -4 | ||
| Virbela | 8 | ||||
| Single Segment | 3,771 | 1,798 | |||
| Total | 4,568 | 4,274 | 4,598 | 3,771 | 1,798 |
| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| North American Realty | 16 | 91 | 103 | ||
| International Realty | -10 | -14 | -14 | ||
| Other Affiliated Services | -12 | -4 | -3 | ||
| Corporate expenses and other | -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 | -19 | 1 | 5 |
Price Behavior
| Market Price | $6.74 | |
| Market Cap ($ Bil) | 1.1 | |
| First Trading Date | 11/19/2013 | |
| Distance from 52W High | -42.4% | |
| 50 Days | 200 Days | |
| DMA Price | $6.28 | $9.10 |
| DMA Trend | down | down |
| Distance from DMA | 7.4% | -26.0% |
| 3M | 1YR | |
| Volatility | 42.3% | 46.3% |
| Downside Capture | 228.95 | 211.63 |
| Upside Capture | 121.14 | 135.45 |
| Correlation (SPY) | 46.0% | 40.0% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 1.69 | 1.34 | 1.34 | 1.31 | 1.58 | 1.29 |
| Up Beta | 1.22 | 1.22 | 1.41 | 1.27 | 1.47 | 1.14 |
| Down Beta | 4.96 | 0.18 | -0.25 | 0.31 | 1.41 | 0.83 |
| Up Capture | 112% | 129% | 91% | 97% | 132% | 247% |
| Bmk +ve Days | 15 | 22 | 31 | 66 | 141 | 428 |
| Stock +ve Days | 11 | 18 | 24 | 50 | 121 | 359 |
| Down Capture | 510% | 196% | 226% | 186% | 163% | 111% |
| Bmk -ve Days | 4 | 18 | 30 | 56 | 108 | 321 |
| Stock -ve Days | 9 | 21 | 34 | 68 | 123 | 379 |
[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 EXPI | |
|---|---|---|---|---|
| EXPI | -10.5% | 46.2% | -0.11 | - |
| Sector ETF (XLRE) | 13.9% | 13.4% | 0.72 | 42.3% |
| Equity (SPY) | 30.3% | 12.0% | 1.91 | 40.8% |
| Gold (GLD) | 36.8% | 26.8% | 1.14 | -3.2% |
| Commodities (DBC) | 41.2% | 18.7% | 1.71 | -21.6% |
| Real Estate (VNQ) | 16.3% | 13.1% | 0.89 | 48.4% |
| Bitcoin (BTCUSD) | -32.5% | 41.9% | -0.83 | 23.1% |
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 EXPI | |
|---|---|---|---|---|
| EXPI | -23.8% | 63.4% | -0.18 | - |
| Sector ETF (XLRE) | 4.6% | 19.0% | 0.15 | 40.7% |
| Equity (SPY) | 14.3% | 17.0% | 0.66 | 46.0% |
| Gold (GLD) | 18.8% | 18.0% | 0.85 | 5.8% |
| Commodities (DBC) | 10.1% | 19.4% | 0.41 | 6.4% |
| Real Estate (VNQ) | 3.9% | 18.8% | 0.11 | 44.9% |
| Bitcoin (BTCUSD) | 12.0% | 55.3% | 0.42 | 29.3% |
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 EXPI | |
|---|---|---|---|---|
| EXPI | -4.2% | 67.7% | 0.21 | - |
| Sector ETF (XLRE) | 6.8% | 20.4% | 0.29 | 35.1% |
| Equity (SPY) | 15.6% | 17.9% | 0.75 | 42.5% |
| Gold (GLD) | 13.0% | 16.0% | 0.67 | 7.4% |
| Commodities (DBC) | 7.5% | 17.9% | 0.34 | 12.1% |
| Real Estate (VNQ) | 5.4% | 20.7% | 0.23 | 38.0% |
| Bitcoin (BTCUSD) | 66.8% | 66.9% | 1.06 | 20.4% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
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 |
Recent Forward Guidance [BETA]
Latest: 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 | ||||
Prior: Q3 2025 Earnings Reported 11/6/2025
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q4 2025 Dividends | 0.05 | 0.0% | Same New | Actual: 0.05 for Q3 2025 | |||
Insider Activity
Expand for More| # | 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 |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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