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eXp World Holdings, Inc. - EXPI STOCK NEWS

Welcome to our dedicated page for eXp World Holdings news (Ticker: EXPI), a resource for investors and traders seeking the latest updates and insights on eXp World Holdings stock.

eXp World Holdings, Inc. (Nasdaq: EXPI) is a leading provider of cloud-based real estate brokerage services, connecting home buyers and sellers across the United States, Canada, the United Kingdom, Australia, South Africa, Portugal, France, Mexico, and India. Through its platform, exprealty.com, the company offers real-time property listings and enables sellers to list their properties seamlessly. This innovative approach is coupled with a network of highly skilled and consumer-centric agents and brokers.

eXp World Holdings, Inc. also owns Virbela, a virtual reality software platform aimed at enhancing education and team development across various industries, including government and retail. The company has further innovated with eXp World, a cloud campus providing real estate agents and employees with access to collaborative tools, training, and social opportunities.

In addition to its core real estate brokerage, eXp World Holdings provides comprehensive marketing, training, and support services to its brokers and agents through its proprietary technology. The company's diverse offerings include real estate brokerage, technology products and services, title, escrow, settlement services, and mortgage brokerage services.

Recent developments highlight the company's ongoing commitment to its agent-centric model. Despite challenging market conditions, eXp World Holdings reported a significant year-over-year increase in Adjusted EBITDA growth by 53% in the third quarter of 2023. This was driven by a focus on increasing agent Net Promoter Scores (aNPS) and expanding market share. The company has introduced several programs such as Boost, Accelerate, Thrive, and eXp exclusives, alongside partnerships with Opendoor and HomeRiver Group, to empower agents and drive revenue-generating opportunities.

Moreover, the company continues to see international growth with new partnerships, such as the one with HomeHunter Global. Financially, eXp World Holdings maintains a strong cash flow profile, enabling ongoing investments in agent success and shareholder returns through share repurchases and cash dividends.

For more detailed updates and further information, visit the official eXp World Holdings website.

News

eXp World Holdings Revolutionizes Real Estate Radio With "KGCI Real Estate on Air" Partnership

Rhea-AI Summary
eXp World Holdings, Inc. partners with 'KGCI Real Estate on Air' to launch an innovative platform aimed at empowering and inspiring real estate agents. The online streaming radio channel features educational and motivational segments to help agents thrive in the industry. With a focus on community building and industry trends, the partnership aims to provide valuable resources for agents worldwide. The radio channel includes insights from top-producing eXp Realty agents and promotes continuous learning and professional growth in the real estate sector.
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Rhea-AI Sentiment
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3.31%
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News

eXp World Holdings Reports Q4 and Full-Year 2023 Results

Rhea-AI Summary
eXp World Holdings, Inc. announced financial results for Q4 and FY 2023, with revenue decreasing by 7% to $4.3 billion in 2023. The Company reported a net loss of $(9.0) million in 2023, and adjusted EBITDA of $57.5 million. Despite challenges in the real estate market, eXp gained market share and maintained positive Adjusted EBITDA. The Company plans to continue investing in agent productivity and efficiency initiatives to drive future growth opportunities.
Rhea-AI Impact
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-1.62%
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News

eXp World Holdings to Announce Full-Year and Fourth Quarter 2023 Results on February 22, 2024

Rhea-AI Summary
eXp World Holdings, Inc. (Nasdaq: EXPI) will report its full-year and fourth quarter 2023 financial results on February 22, 2024. The virtual event will include a fireside chat and investor Q&A hosted by company executives. The event is open to investors, current shareholders, and anyone interested in learning more.
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-3.09%
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News

eXp Realty Named to Glassdoor’s Best Places to Work for Seventh Consecutive Year

Rhea-AI Summary
eXp World Holdings, Inc. (Nasdaq: EXPI) has been ranked No. 22 out of 100 in the U.S. Large Company list by Glassdoor’s Best Places to Work for the seventh straight year. The company's commitment to enhancing its agent-centric value proposition has led to this recognition. Founder, CEO, and Chairman Glenn Sanford and EVP of People Mike Vein expressed pride and gratitude for the continuous recognition, emphasizing the importance of feedback and satisfaction of their agents and employees.
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-1.61%
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News

eXp World Holdings Named to 2023 Deloitte Technology Fast 500™

Rhea-AI Summary
eXp World Holdings, Inc. (EXPI) ranked 350th on the Deloitte Technology Fast 500™, with a 369% revenue growth over the past year. The company attributes its success to technology, its agent-centric culture, and rapid worldwide growth. eXp World Holdings' unique metaverse platform and focus on innovation are expected to drive long-term growth and success for its agents.
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-3.21%
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News

eXp World Holdings to Participate in Upcoming Investor Conferences

Rhea-AI Summary
eXp World Holdings, Inc. (Nasdaq: EXPI) announced that eXp management will participate in two upcoming investor conferences. They will be at the Stephens Annual Investment Conference in Nashville, Tennessee on Nov. 14-16, 2023, and the D.A. Davidson Technology Summit in New York on Nov. 16, 2023. The management team will host one-on-one meetings and take part in a fireside chat at the conferences.
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1.83%
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News

eXp World Holdings Initiates Chief Financial Officer Transition Plan

Rhea-AI Summary
eXp World Holdings (EXPI) CFO Jeff Whiteside to step down by Dec. 1, 2023. Kent Cheng to serve as Principal Financial Officer. Whiteside's departure not due to financial disagreement. CEO Glenn Sanford expresses gratitude for Whiteside's contributions and confidence in Kent's seamless transition. Board of Directors to initiate search for next CFO.
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eXp World Holdings Reports Q3 2023 Results

Rhea-AI Summary
eXp World Holdings, Inc. announced financial results for Q3 2023. Agent count grew 5% compared to Q3 2022 to over 89,000 agents in 24 global markets. International realty revenue increased 47% compared to Q3 2022. The company declared a cash dividend for Q4 2023 of $0.05 per share of common stock.
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Rhea-AI Sentiment
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1.73%
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News

eXp World Holdings to Announce Third Quarter 2023 Results on November 2, 2023

Rhea-AI Summary
eXp World Holdings to report third quarter 2023 financial results and host investor Q&A
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-1.69%
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News

eXp World Holdings Appoints Fred Reichheld to Board of Directors

Rhea-AI Summary
eXp World Holdings appoints Fred Reichheld to board of directors, bringing expertise in customer and employee satisfaction. Reichheld is the creator of the Net Promoter System. Sir Darren Jacklin steps down but continues to serve on eXp Realty Canada Board of Directors.
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FAQ

What is the current stock price of eXp World Holdings (EXPI)?

The current stock price of eXp World Holdings (EXPI) is $14.05 as of November 22, 2024.

What is the market cap of eXp World Holdings (EXPI)?

The market cap of eXp World Holdings (EXPI) is approximately 2.2B.

What services does eXp World Holdings, Inc. offer?

eXp World Holdings provides cloud-based real estate brokerage services, technology products and services, title, escrow, settlement services, and mortgage brokerage services.

What is eXp Realty?

eXp Realty is a cloud-based real estate brokerage and the largest independent real estate company globally, with over 89,000 agents across multiple countries.

What is Virbela?

Virbela is a virtual reality software platform owned by eXp World Holdings, focused on education and team development across various industries.

What is eXp World?

eXp World is a cloud campus that provides real estate agents and employees with collaborative tools, training, and social opportunities.

Which countries does eXp World Holdings operate in?

eXp World Holdings operates in the United States, Canada, the United Kingdom, Australia, South Africa, Portugal, France, Mexico, India, and several other countries.

How does eXp World Holdings support its agents?

The company offers comprehensive marketing, training, and support services through proprietary technology and several agent-centric programs like Boost, Accelerate, Thrive, and eXp exclusives.

What recent achievements has eXp World Holdings made?

eXp reported a 53% year-over-year increase in Adjusted EBITDA in the third quarter of 2023, driven by innovation and market share expansion.

What are the financial highlights of eXp World Holdings?

The company has shown strong cash flow and has been investing in agent success while returning capital to shareholders via share repurchases and cash dividends.

How can I get more information about eXp World Holdings?

For more detailed updates and information, you can visit the official eXp World Holdings website at https://expworldholdings.com.

Does eXp World Holdings have any partnerships?

Yes, eXp World Holdings has partnerships with companies like Opendoor, HomeRiver Group, and HomeHunter Global to enhance its service offerings.

Stock EXPI logo
eXp World Holdings, Inc.

Nasdaq:EXPI

EXPI Rankings

#1937 Ranked by Market Cap
#1584 Ranked by Dividends

EXPI Stock Data

2.17B
78.09M
49.18%
38.42%
13.76%
Real Estate Services
Real Estate Agents & Managers (for Others)
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United States of America
BELLINGHAM