eXp World Holdings, Inc. (EXPI) to Issue Quarterly Dividend of $0.05 on December 2nd

by · The Markets Daily

eXp World Holdings, Inc. (NASDAQ:EXPI – Get Free Report) declared a quarterly dividend on Monday, November 4th,Zacks Dividends reports. Shareholders of record on Monday, November 18th will be given a dividend of 0.05 per share by the technology company on Monday, December 2nd. This represents a $0.20 annualized dividend and a yield of 1.50%. The ex-dividend date of this dividend is Monday, November 18th.

eXp World has a dividend payout ratio of 33.3% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect eXp World to earn $0.48 per share next year, which means the company should continue to be able to cover its $0.20 annual dividend with an expected future payout ratio of 41.7%.

eXp World Stock Down 1.8 %

Shares of eXp World stock traded down $0.25 during trading on Friday, reaching $13.31. The company’s stock had a trading volume of 749,603 shares, compared to its average volume of 1,007,333. The business has a 50 day moving average price of $13.58 and a 200-day moving average price of $12.51. eXp World has a 12-month low of $8.91 and a 12-month high of $17.11. The company has a market capitalization of $2.04 billion, a P/E ratio of -60.50 and a beta of 2.31.

Insider Buying and Selling

In other eXp World news, CEO Glenn Darrel Sanford sold 44,616 shares of eXp World stock in a transaction dated Tuesday, August 27th. The shares were sold at an average price of $12.98, for a total transaction of $579,115.68. Following the completion of the transaction, the chief executive officer now owns 40,975,681 shares in the company, valued at approximately $531,864,339.38. The trade was a 0.11 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Randall D. Miles sold 30,000 shares of the stock in a transaction that occurred on Wednesday, September 18th. The shares were sold at an average price of $15.11, for a total transaction of $453,300.00. Following the completion of the sale, the director now owns 547,665 shares in the company, valued at $8,275,218.15. This represents a 5.19 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 635,891 shares of company stock valued at $8,577,645. 35.70% of the stock is owned by insiders.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the stock. DA Davidson upped their price target on shares of eXp World from $11.75 to $13.50 and gave the stock a “neutral” rating in a research note on Thursday, August 1st. BTIG Research upgraded shares of eXp World from a “sell” rating to a “neutral” rating in a research report on Tuesday, July 23rd.

Check Out Our Latest Research Report on eXp World

About eXp World

(Get Free Report)

eXp World Holdings, Inc, together with its subsidiaries, provides cloud-based real estate brokerage services for residential homeowners and homebuyers. The company operates through North American Realty, International Realty, Virbela, and Other Affiliated Services segments. It provides Virbela, a cloud-based technologies that provides data, lead generation, and marketing tools for real estate agents and employees.

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