Analysts Issue Forecasts for reAlpha Tech FY2027 Earnings

reAlpha Tech Corp. (NASDAQ:AIRE) – Equities research analysts at HC Wainwright issued their FY2027 earnings estimates for reAlpha Tech in a report issued on Monday, March 16th. HC Wainwright analyst S. Buck anticipates that the company will earn ($0.07) per share for the year. HC Wainwright has a “Buy” rating and a $2.00 price objective on the stock. The consensus estimate for reAlpha Tech’s current full-year earnings is ($0.16) per share.

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of reAlpha Tech in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $1.63.

reAlpha Tech Trading Down 5.0%

NASDAQ:AIRE opened at $0.32 on Tuesday. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.70 and a quick ratio of 2.70. The firm has a market capitalization of $42.55 million, a price-to-earnings ratio of -1.47 and a beta of -3.36. reAlpha Tech has a one year low of $0.14 and a one year high of $1.80. The business has a fifty day moving average price of $0.36 and a 200-day moving average price of $0.52.

reAlpha Tech (NASDAQ:AIRE) last released its quarterly earnings results on Thursday, March 12th. The company reported ($0.01) earnings per share for the quarter, topping the consensus estimate of ($0.03) by $0.02. The business had revenue of $0.89 million for the quarter, compared to the consensus estimate of $0.94 million. reAlpha Tech had a negative net margin of 389.38% and a negative return on equity of 346.03%.

Institutional Trading of reAlpha Tech

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Virtu Financial LLC lifted its holdings in reAlpha Tech by 56.1% in the 4th quarter. Virtu Financial LLC now owns 178,189 shares of the company’s stock worth $74,000 after purchasing an additional 64,039 shares in the last quarter. State Street Corp boosted its stake in reAlpha Tech by 49.9% in the 4th quarter. State Street Corp now owns 242,650 shares of the company’s stock worth $101,000 after purchasing an additional 80,800 shares during the period. Geode Capital Management LLC grew its holdings in reAlpha Tech by 120.4% during the 4th quarter. Geode Capital Management LLC now owns 941,337 shares of the company’s stock valued at $393,000 after buying an additional 514,306 shares in the last quarter. Finally, Scientech Research LLC bought a new stake in shares of reAlpha Tech during the third quarter valued at approximately $87,000. Institutional investors own 1.02% of the company’s stock.

About reAlpha Tech

reAlpha Tech (NASDAQ: AIRE) is a real estate technology company specializing in the acquisition, renovation, and management of single-family rental properties across the United States. The company leverages proprietary data analytics and machine-learning models to identify undervalued houses in high-potential neighborhoods. Once acquired, these properties undergo a standardized renovation process designed to maximize rental value and minimize maintenance expenses, after which they are added to reAlpha’s rental portfolio.

In addition to direct property ownership, reAlpha Tech offers a subscription-based investment platform that enables accredited and non-accredited investors to participate in fractional ownership of residential real estate assets.