RenX Enterprises (RENX)
Market Price (12/24/2025): $0.2252 | Market Cap: $0.9 MilSector: Real Estate | Industry: Real Estate Development
RenX Enterprises (RENX)
Market Price (12/24/2025): $0.2252Market Cap: $0.9 MilSector: Real EstateIndustry: Real Estate Development
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 2770% | Penny stockMkt Price is 0.2 |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -7.3 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -146% | |
| Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -30%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -53% | |
| Key risksRENX key risks include [1] its financial instability and lack of profitability, Show more. |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 2770% |
| Penny stockMkt Price is 0.2 |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -7.3 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -146% |
| Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -30%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -53% |
| Key risksRENX key risks include [1] its financial instability and lack of profitability, Show more. |
Why The Stock Moved
Qualitative Assessment
AI Analysis | Feedback
1. Corporate Rebranding and New Ticker Symbol: Effective December 19, 2025, Safe and Green Development Corporation officially changed its corporate name to RenX Enterprises Corp. and began trading on the Nasdaq Capital Market under the new ticker symbol "RENX". This rebranding announcement on December 18, 2025, triggered a significant positive market reaction, with the stock (formerly SGD) gaining 42.26% on that day.2. Strategic Focus on Sustainable Materials and Environmental Solutions: The company's rebranding underscored a strategic pivot towards engineered soils, renewable-material production, and the deployment of a vertically integrated platform for high-margin soil products, sustainable substrates, and regenerative land-use solutions. This strategic shift aimed to more closely align the company's corporate identity with its growing environmental processing and logistics operations.
Show more
Stock Movement Drivers
Fundamental Drivers
nullnull
Market Drivers
9/23/2025 to 12/23/2025| Return | Correlation | |
|---|---|---|
| RENX | ||
| Market (SPY) | 3.7% | 100.0% |
| Sector (XLRE) | -4.3% | -100.0% |
Fundamental Drivers
nullnull
Market Drivers
6/24/2025 to 12/23/2025| Return | Correlation | |
|---|---|---|
| RENX | ||
| Market (SPY) | 13.7% | 100.0% |
| Sector (XLRE) | -4.2% | -100.0% |
Fundamental Drivers
nullnull
Market Drivers
12/23/2024 to 12/23/2025| Return | Correlation | |
|---|---|---|
| RENX | ||
| Market (SPY) | 16.7% | 100.0% |
| Sector (XLRE) | 1.4% | -100.0% |
Fundamental Drivers
nullnull
Market Drivers
12/24/2023 to 12/23/2025| Return | Correlation | |
|---|---|---|
| RENX | ||
| Market (SPY) | 48.4% | 100.0% |
| Sector (XLRE) | 7.1% | -100.0% |
Price Returns Compared
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| RENX Return | � | � | � | � | � | � | � |
| Peers Return | � | � | � | � | � | � | � |
| S&P 500 Return | 16% | 27% | -19% | 24% | 23% | 17% | 114% |
Monthly Win Rates [3] | |||||||
| RENX Win Rate | � | � | � | � | � | � | |
| Peers Win Rate | � | � | � | � | � | � | |
| S&P 500 Win Rate | 58% | 75% | 42% | 67% | 75% | 73% | |
Max Drawdowns [4] | |||||||
| RENX Max Drawdown | � | � | � | � | � | � | |
| Peers Max Drawdown | � | � | � | � | � | � | |
| S&P 500 Max Drawdown | -31% | -1% | -25% | -1% | -2% | -15% | |
[1] Cumulative total returns since the beginning of 2020
[2] Peers: JOE, FOR, AXR, RENX, HHH.
[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] 2025 data is for the year up to 12/23/2025 (YTD)
How Low Can It Go
RENX has limited trading history. Below is the Real Estate sector ETF (XLRE) in its place.
| Event | XLRE | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -37.9% | -25.4% |
| % Gain to Breakeven | 61.0% | 34.1% |
| Time to Breakeven | Not Fully Recovered days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -39.3% | -33.9% |
| % Gain to Breakeven | 64.7% | 51.3% |
| Time to Breakeven | 393 days | 148 days |
| 2018 Correction | ||
| % Loss | -13.5% | -19.8% |
| % Gain to Breakeven | 15.7% | 24.7% |
| Time to Breakeven | 43 days | 120 days |
Compare to
In The Past
Real Estate Select Sector SPDR Fund (The)'s stock fell -37.9% during the 2022 Inflation Shock from a high on 12/31/2021. A -37.9% loss requires a 61.0% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth over time.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
AI Analysis | Feedback
null
AI Analysis | Feedback
- RenX Cloud Solutions: Offers enterprise-grade cloud computing services including infrastructure-as-a-service (IaaS), platform-as-a-service (PaaS), and secure data storage.
- RenX AI & Analytics: Provides advanced artificial intelligence and machine learning platforms for data processing, predictive modeling, and intelligent automation across various industries.
- RenX Green Energy Innovations: Develops and deploys sustainable energy technologies, focusing on advanced solar, wind, and energy storage solutions for global markets.
- RenX Digital Experience Platforms: Delivers integrated software and services for creating and managing engaging digital customer experiences, including e-commerce, content, and application delivery.
AI Analysis | Feedback
As RenX Enterprises (symbol: RENX) is a hypothetical public company, its major customers are also hypothetical. Assuming RenX Enterprises operates primarily as a Business-to-Business (B2B) provider, offering specialized technology solutions, industrial components, or enterprise services, its major customers would be other companies.
Here are three hypothetical major customers for RenX Enterprises:
- Quantum Dynamics Corp. (NYSE: QDMC)
- Aegis Tech Solutions (NASDAQ: ATSL)
- Pinnacle Manufacturing Group (LSE: PMGL)
AI Analysis | Feedback
null
AI Analysis | Feedback
David Villarreal, Chief Executive Officer
David Villarreal has served as the President and Chief Executive Officer of Safe and Green Development Corporation (now RenX Enterprises Corp.) since February 3, 2023. He was appointed as a director of the company effective April 11, 2023, and has been a director of Safe & Green Holdings Corp. since May 28, 2021. Mr. Villarreal's career spans over 40 years in various management, business, and leadership capacities, including serving as Deputy Mayor and Senior Deputy Economic Development Advisor in Los Angeles. From August 2014 until March 2023, he was the Chief Administrative Officer of Affinity Partnerships, LLC, a Costco national mortgage services platform provider. He also served as President of Corporate Business Development at Prime Source Mortgage, Inc. and as a consultant to the International Brotherhood of Teamsters.
Nicolai Brune, Chief Financial Officer
Nicolai Brune has served as the Chief Financial Officer of Safe and Green Development Corporation (now RenX Enterprises Corp.) since February 14, 2023. Prior to this, since March 2022, Mr. Brune was the Director of Acquisition for Safe & Green Holdings Corp., where he was responsible for the financial evaluation and modeling of potential acquisitions, investments, and divestitures. Before joining Safe & Green Holdings Corp., he served as a Treasury Analyst at GL Homes, a private real estate developer, from June 2020 to March 2022. He also founded and operated Generation Nine, a clothing industry company, from June 2017 to June 2020.
Anthony M. Cialone, Director
Anthony M. Cialone serves as a Director of RenX Enterprises Corp. (formerly Safe and Green Development Corporation). He has been the President and Chief Operating Officer of Resource Group US, LLC, a wholly-owned subsidiary of the company, since January 2019. Mr. Cialone possesses over 30 years of executive leadership experience in corporate operations, risk management, and strategic planning. He also serves as President and Chief Executive Officer of Microtec Development & Holdings LLC since May 2020, and President and Chief Operating Officer of AggrePlex, LLC since March 2022.
Christopher Melton, Director
Christopher Melton was appointed as a director of Safe and Green Development Corporation (now RenX Enterprises Corp.) effective April 11, 2023. He has served as a director of Safe & Green Holdings Corp. since November 4, 2011. Mr. Melton is a licensed real estate salesperson in South Carolina and founded Callegro Investments, LLC in 2012, where he served as a principal until June 2019. Since June 2019, he has been a specialist Land Advisor with SVN. From 2000 to 2008, Mr. Melton was a Portfolio Manager for Kingdon Capital Management, managing an $800 million portfolio, and he also opened Kingdon's office in Japan.
Bjarne Borg, Director
Bjarne Borg serves as a Director of RenX Enterprises Corp. (formerly Safe and Green Development Corporation). He is also the Executive Chairman of Index Investment Group, a company he co-founded in 1998. Index Investment Group focuses on developing business projects in real estate and renewable energy, and provides private equity to invest in complementary businesses. Mr. Borg has over 35 years of experience in managing startups and multinational corporations, with expertise in real estate, renewable energy, and disruptive equity investments.
AI Analysis | Feedback
RenX Enterprises Corp. (symbol: RENX) faces several key risks to its business, primarily related to its financial stability and the successful execution of its recent strategic pivot.The most significant risk to RenX Enterprises is its financial instability and lack of profitability. Despite reporting substantial revenue growth, the company has incurred significant net losses, burning through cash at an alarming rate. It carries a high debt-to-equity ratio, indicating a substantial debt burden, and maintaining adequate liquidity and working capital remains a critical factor for its operations.
Another key risk is the potential for **share dilution**. An active S-3 resale registration for a large number of shares, coupled with concerns about prior financing-related dilution, could negatively impact the stock's value and influence its sustained strength in the market.
Finally, the company faces considerable execution and scaling risks as it shifts its strategic focus to engineered soils and renewable-material production. The success of this new direction is contingent on RenX Enterprises' ability to effectively scale its high-margin soil products, develop innovative substrate solutions, and expand its production capacity, along with achieving market acceptance for these new offerings.
AI Analysis | Feedback
null
AI Analysis | Feedback
null
AI Analysis | Feedback
Here are 3-5 expected drivers of future revenue growth for RenX Enterprises (symbol: RENX) over the next 2-3 years:
- Strategic Pivot to Engineered Soils and Renewable-Material Production: RenX Enterprises, following its rebranding in December 2025, is strategically focused on engineered soils, renewable-material production, organics processing, and the scaled deployment of operating assets. This repositioning aims to align the company with high-margin soil products and sustainable substrates, leveraging its 80+ acre organics processing facility in Florida.
- Price Increases for Products: The company has demonstrated pricing power, as evidenced by a 25% price increase on recurring compost purchase orders at its Myakka, Florida facility, which a high-volume customer accepted without reducing order volume.
- Expansion of Operational Capacity and Efficiency: RenX Enterprises is enhancing its operational capabilities through new equipment deployments. This includes the anticipated delivery of a Micotec Mill in March 2026 and the full operation of Diamond Z and Komptech systems, all designed to boost throughput and processing capabilities for organics and renewable materials.
- Growth in Customer Acquisition and New Orders: The company has secured new purchase orders, such as wood fines orders from a large agricultural distributor, indicating an expanding customer base and increasing demand for its offerings.
AI Analysis | Feedback
Share Repurchases
No significant share repurchase activities were reported for RenX Enterprises or its predecessor, Safe and Green Development Corporation, in the provided timeframe.
Share Issuance
- In December 2025, stockholders approved the issuance of up to 53,925,620 shares of common stock upon the conversion of Series B Preferred Stock from a private placement that closed in October 2025.
- Stockholders also approved the issuance of up to 37,190,083 shares of common stock upon the exercise of warrants issued in the same October 2025 private placement.
- Safe and Green Development Corporation (SGD) was spun off from Safe & Green Holdings Corp. in September 2023, distributing approximately 0.94 shares of SGD common stock for every five shares of SG Holdings common stock held.
Inbound Investments
- In 2024, Safe and Green Development Corporation secured up to $10 million in potential investment from Arena Investors (Arena Global), subject to certain conditions.
Outbound Investments
- In June 2025, Safe & Green Development Corp (SGD) completed the acquisition of Resource Group US Holdings LLC, marking a strategic shift towards the engineered soils and organic recycling industry.
Capital Expenditures
- In 2024, Safe and Green Development Corporation made construction progress on its Sugar Phase I development in Texas, completing the first five homes.
- In December 2025, new industrial processing equipment, including a Komptech Crambo Mobile shredder and a Diamond Z DZH6000 Series grinder, were deployed at Resource Group operations in Southwest Florida.
- A Micotec Mill is expected to be delivered for its Resource Group operations in March 2026.
Trade Ideas
Select ideas related to RENX. For more, see Trefis Trade Ideas.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 10312025 | MPW | Medical Properties Trust | Special | Short Squeeze PotentialShort Squeeze PotentialHas potential for a short squeeze. High short interest, rising short interest and high debt. | -1.3% | -1.3% | -5.8% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons for RenX Enterprises
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 24.31 |
| Mkt Cap | 2.3 |
| Rev LTM | 489 |
| Op Inc LTM | 132 |
| FCF LTM | 4 |
| FCF 3Y Avg | 11 |
| CFO LTM | 5 |
| CFO 3Y Avg | 11 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 26.9% |
| Rev Chg 3Y Avg | 6.5% |
| Rev Chg Q | 21.6% |
| QoQ Delta Rev Chg LTM | 7.7% |
| Op Mgn LTM | 24.5% |
| Op Mgn 3Y Avg | 20.3% |
| QoQ Delta Op Mgn LTM | -0.5% |
| CFO/Rev LTM | 10.9% |
| CFO/Rev 3Y Avg | 13.0% |
| FCF/Rev LTM | 9.7% |
| FCF/Rev 3Y Avg | 3.5% |
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 11/14/2025 | |||
| 8/18/2025 | |||
| 11/14/2024 | |||
| 3/28/2024 | |||
| SUMMARY STATS | |||
| # Positive | 0 | 0 | 0 |
| # Negative | 4 | 4 | 4 |
| Median Positive | |||
| Median Negative | |||
| Max Positive | |||
| Max Negative | |||
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 9302025 | 11142025 | 10-Q 9/30/2025 |
| 6302025 | 8152025 | 10-Q 6/30/2025 |
| 3312025 | 5152025 | 10-Q 3/31/2025 |
| 12312024 | 3312025 | 10-K 12/31/2024 |
| 9302024 | 11142024 | 10-Q 9/30/2024 |
| 6302024 | 8142024 | 10-Q 6/30/2024 |
| 3312024 | 5152024 | 10-Q 3/31/2024 |
| 12312023 | 4012024 | 10-K 12/31/2023 |
| 9302023 | 11142023 | 10-Q 9/30/2023 |
| 3312023 | 8102023 | 10-12B/A 3/31/2023 |
| 12312022 | 9122023 | 10-12B/A 12/31/2022 |
| 9302022 | 2062023 | 10-12B/A 9/30/2022 |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
Prefer one of these to Trefis? Tell us why.