Why Real Brokerage Shares Are Gaining Today

Nabaparna Bhattacharya

April 19, 2024

The Real Brokerage, Inc. (NASDAQ:REAX) shares are rising on Friday after it announced that Qamar Group has joined the company.

Under CEO Rafay Qamar and COO Jana Pierce, the team comprises 36 agents catering to Chicago, suburbs, Michigan, and Wisconsin, The Real Brokerage said in a press release.

Qamar Group has sold more than 1,500 homes valued at $500 million since its founding in 2019. The team’s partners include Stephen Davis, Edward Henderson and Emma LaCosse, who each generate in excess of $10 million a year in home sales.

The company will release its financial results for the first quarter on Tuesday, May 7, 2024, before the market opens. The analyst consensus for quarterly revenues stands at $165.26 million.

Earlier this month, The Real Brokerage announced that Venture Properties, led by veteran broker Aaron Nelson, has joined Real. The 40-person brokerage is one of the largest brokerages serving Northern California’s Shasta County, and adds to Real’s growing presence in California.

According to Benzinga Pro, REAX stock has gained over 184% in the past year.

Price Action: REAX shares are trading higher by 3.7% to $3.465 at last check Friday.

Photo via Shutterstock

Recommended

Shhh! This Is One Great Coin... - Ad

Should You Buy Bitcoin in 2024? [Expert's Shocking Answer] - Ad

Jeff Bezos Just Humiliated Elon Musk - Ad

Renowned economist Mohamed El-Erian shared a comprehensive table of financial returns for major assets and asset classes, highlighting the volatility of the market in April.

Microsoft will invest $2.2 billion in cloud and AI services in Malaysia

KUALA LUMPUR, Malaysia (AP) — Microsoft is investing $2.2 billion over the next four years in Malaysia's new cloud and artificial intelligence infrastructure as well as partnering with the government to establish a national AI center, its CEO Satya Nadella said Thursday.

"If I Had To Pour Every Single Penny of My Retirement Into Just ONE STOCK..."

"If I Had To Pour Every Single Penny of My Retirement Into Just ONE STOCK..." - Ad

The former Goldman Sachs VP -- who called everything from Microsoft's 1,100% surge... to the death of the 60/40 portfolio -- is now stepping forward with his most explicit message yet: "Make this ONE STOCK the cornerstone of your portfolio."

Maui sues cell carriers over wildfire warning alerts that were never received during service outages

HONOLULU (AP) — Had emergency responders known about widespread cellphone outages during the height of last summer's deadly , they would have used other methods to warn about the disaster, county officials said in a lawsuit.

Exxon Mobil deal with Pioneer gets FTC nod, but former Pioneer CEO Scott Sheffield barred from board

WASHINGTON (AP) — Exxon Mobil's $60 billion deal to on Thursday received clearance from the Federal Trade Commission, but the former CEO of Pioneer was barred from joining the new company's board of directors.

Your 2024 Election Money Blueprint

Your 2024 Election Money Blueprint - Ad

Voters are angrier than ever, and it's likely to keep getting worse. The media and Wall Street keep declaring how great the economy supposedly is... but no one -- besides the ultra-rich -- seems to feel that way. Protect yourself with this one simple move today.

Donald Trump Could Still Win Even If He Loses In Supreme Court Over Presidential Immunity Claim

Former President Donald Trump could see a strategic victory in his Supreme Court case, even if the court dismisses his claim regarding presidential immunity.

Poland is still not ready to adopt the euro, its finance minister says

WARSAW, Poland (AP) — Twenty years after joining the European Union, Poland is still not ready to adopt the euro currency, the finance minister in the pro-European Union government said.

Without Titanium, U.S. National Security Is in Peril

Without Titanium, U.S. National Security Is in Peril - Ad

The U.S. Geological Survey added titanium to its recent list of minerals vital to our economic and national security. Unfortunately, the U.S. produces nearly no titanium. Most production lies with our geopolitical foes, Russia and China. That's why more North American titanium is urgently needed.

Shell Exits Chinese Power Market, Eyes Gas Growth: Report

Shell reportedly exits China's power markets, focusing on bolstering profitability in natural gas and oil sectors. The move reflects a commitment to invest selectively in profitable ventures within the power sector, aligning with CEO Wael Sawan's vision.

Elon Musk Debunks Tucker Carlson's Alien Theory, SCOTUS On Trump's Immunity, North Korea's Military Pledge And More: This Week In Politics

The week was filled with intriguing stories, from Elon Musk's dismissal of alien theories to the U.S. Supreme Court's deliberation on former President Donald Trump's immunity claims.

Buy This A.I. Stock Before Elon's "A.I. Day" on May 16

Buy This A.I. Stock Before Elon's "A.I. Day" on May 16 - Ad

Luke Lango is now recommending this little-known A.I. stock because it could supply Elon Musk with a critical piece of infrastructure for his new A.I. venture, something Luke is calling "Elon's A.I. 2.0". Once Elon reveals it on May 16, you may have missed the biggest gains.

Ethereum's Bottom Against Bitcoin 'Still Likely A Few Months Away,' Predicts Crypto Analyst

Prominent cryptocurrency analyst Benjamin Cowen predicted further bearish momentum for Ethereum (CRYPTO: ETH) to Bitcoi

Lilly rides Mounjaro, Zepbound to better-than-expected 1Q profit despite supply issues

Rapidly climbing sales of the and its counterpart for diabetes, Mounjaro, pushed Eli Lilly to a better-than-expected first-quarter profit.

The No. 1 Crypto for 2024

The No. 1 Crypto for 2024 - Ad

It's expected to soar 20X bigger than Bitcoin.

Trump's Niece Says Letitia James 'Holds Donald's Feet To Fire' As Ex-President Grapples With Consequences Of Years Of Flouting Law: 'Beginning Of...Reckoning'

Mary Trump also said Donald Trump's "biggest fear is coming true."

South Korea's 5-Year Plan To Grow Its Console Gaming Market By 2028

South Korea's plan to boost console gaming, diversifying from mobile platforms, through strategic partnerships and market growth projections

Biden's Closed-Door AI Meeting

Biden's Closed-Door AI Meeting - Ad

Things are moving so fast, President Biden just met with 8 of the top AI experts in the world to figure out how to regulate it. And this small-cap is at the center of this AI-biotech revolution.

Jim Cramer Turns Bullish On Palantir: 'Make A Move And Buy Some'

CNBC’s “Mad Money” host Jim Cramer has given a thumbs up to Palantir Technologies Inc. (NYSE:PLTR), sparking interest among investors.

US job openings fall to 8.5 million in March, the lowest level in more than 3 years

WASHINGTON (AP) — U.S. jobs openings slid in March to the lowest level in more than three years, but stayed at historically high levels in a sign that the job market remains resilient in the face of higher interest rates.

Did This Crypto Millionaire Humiliate Himself?

Did This Crypto Millionaire Humiliate Himself? - Ad

On September 2022, crypto millionaire James Altucher published a video saying he had sold all his Bitcoin... and doubled down on this crypto instead. At the time, cryptos had already dropped 70%. But James still said this crypto was a good investment. Was he right? Or did he embarrass himself?

Oil sprays from an ANA flight carrying 213 people as it lands in northern Japan

TOKYO (AP) — Oil sprayed from an All Nippon Airways plane as it landed Wednesday at Shin Chitose airport in northern Japan, but none of the 213 people on board was injured, officials said.

Chinese Embassy Condemns Proposed U.S. Tariffs As Examples Of Unilateralism And Protectionism, As Biden Seeks To Court Critical Voters

Biden's tariff warnings indicate continuing U.S.-China tensions, leading to criticism from the Chinese embassy.

The No. 1 AI Stock of 2024 (Not Nvidia)

The No. 1 AI Stock of 2024 (Not Nvidia) - Ad

It's not Nvidia, Meta Platforms, Alphabet, or Amazon. But thanks to a recent major deal, an under-the-radar stock could become the No. 1 winner of the AI boom. "This company just teamed up with one of the biggest power players in the AI industry... yet you can still buy it for just one-twelfth the price of Nvidia -- the time to buy is NOW," says Marc Chaikin.

Atlantic City mayor: I'm committed to my family and city while dealing with daughter abuse charges

ATLANTIC CITY, N.J. (AP) — Atlantic City Mayor Marty Small said Thursday he remains committed to his family and to his city as he deals with charges that he and his wife

General Motors And Ford Are Facing The Same Challenge As They Run Back To Gas-Powered Trucks

General Motors (NYSE: GM) and Ford Motor (NYSE: F) will report their first quarter results next week.

Could Elon Musk's New Device Save Us from A.I. Apocalypse?

Could Elon Musk's New Device Save Us from A.I. Apocalypse? - Ad

A strange new era for mankind is upon us... And it's all thanks to Elon Musk's latest creation. So he invented this strange new device to protect us against that A.I. threat. See this strange device you could be wearing some day.

First major attempts to regulate AI face headwinds from all sides

DENVER (AP) — Artificial intelligence is helping decide which Americans get the job interview, the apartment, even medical care, but the to reign in bias in AI decision making are facing headwinds from every direction.

Germany's Scholz calls for fair competition and warns against dumping during China visit

BEIJING (AP) — German Chancellor Olaf Scholz called for fair competition in trade relations with China while warning about dumping and overproduction as he spoke to students in Shanghai on Monday.

One Crypto Can Change Your Financial Life

One Crypto Can Change Your Financial Life - Ad

The catch is you won't be able to become a millionaire by buying Bitcoin today. There are five little-known coins I've discovered that I believe will skyrocket over the course of the next few months.

Why Media Company Omnicom Shares Are Trading Higher Premarket Today

Omnicom Group reported 5.4% revenue growth, with organic growth of 4.0%. Adjusted EPS beat expectations.

Nvidia Set For Another Bull Run? Analyst Pitches $1,150 Target, Says 'This Time It's Bringing More Friends Along For The Run'

Despite a recent dip, chart analyst Todd Gordon of Inside Edge Capital has identified Nvidia Corporation as a strong buy, setting an ambitious target price of $1,150, citing the company's potential for an upward trend alongside a broader rally in the semiconductor industry.

Time to Sell NVDA? 50-Yr Wall Street Legend Weighs In

Time to Sell NVDA? 50-Yr Wall Street Legend Weighs In - Ad

If you currently own NVIDIA (NVDA)... Or were thinking of buying it in the weeks ahead... I urge you to review my recent interview before you move your money. There's a BETTER AI stock to buy than NVDA right now, especially in the coming $7 trillion A.I. boom.

An NPR editor who wrote a critical essay on the company has resigned after being suspended

NEW YORK (AP) — A National Public Radio editor who wrote an essay criticizing his employer for promoting liberal views resigned on Wednesday, a day after it was revealed that .

Binance founder Changpeng Zhao faces sentencing; US seeks 3-year term for allowing money laundering

SEATTLE (AP) — Changpeng Zhao, the founder of Binance, the world's largest cryptocurrency exchange, faces sentencing Tuesday in a Seattle courtroom, where U.S. prosecutors are asking a judge to give him a three-year prison term for allowing rampant money laundering on the platform.

The Mysterious Tale of "America's No. 1 Retirement Stock"

The Mysterious Tale of "America's No. 1 Retirement Stock" - Ad

This factory of 53,000 employees, in Burbank, CA, was camouflaged to look like a sleepy suburb (with the help of artists, set designers, and painters from nearby Hollywood movie studios). The mysterious company behind this disappearing act is now being called "America's No. 1 Retirement Stock".

Elon Musk Gets Fresh Challenge In His X Plans As Naval's Airchat App Begins Making Buzz

AngelList co-founder Naval Ravikant has launched a new social media app called Airchat, to take on Elon Musk's hate speech-inundated X.

Taiwan Bolsters 'Chip Diplomacy' With Canada And France Amid China Tensions

In a move to bolster its global standing, Taiwan has extended its 'chip diplomacy' to the Czech Republic, signing a tech pact with the U.S., Canada, France, and Germany in recent months.

Jeff Bezos' Next Trillion Dollar Bet (shocking)

Jeff Bezos' Next Trillion Dollar Bet (shocking) - Ad

Wall Street legend has just uncovered one tiny Maryland company that could become the next Nvidia. Few in the media are talking about this story yet...but in the next 6 months that's all they'll talk about.

Meta's Move To Block News Erodes 'Signals Of Reliability' As Right-Wing Memes Thrive On Canadian Facebook: Report

Meta Platforms Inc.'s decision to block news links in Canada has reportedly led to an increase in right-wing content on the platform, potentially affecting political discourse and raising concerns about the spread of misinformation.

Trending Now

Broadband internet services are disrupted in most parts of Nepal

One Tech Tip: How to repair an electric toothbrush

Legendary Stockpicker: "Buy This A.I. Stock NOW" - Ad

Trump Uses Gag Order Fines As Fundraising Opportunity: 'They Want To Silence Me! They Think They Can Bleed Me Dry!'

Number of Americans applying for jobless claims remains historically low

Election Shock on August 19th? - Ad

Russia proposes UN resolution on banning weapons in space, after vetoing similar UN-Japan draft

Biden Vs. Trump Contest Could Be Lost Cause For One Candidate If History Were Anything To Go By, According To Pollster

Crypto Reboot Finally Makes An 8,788% Return Possible [NOT Bitcoin] - Ad

Southwest Airlines is considering changes to its quirky boarding and seating practices

Olympic track uniforms spark online debate about who designed them and why they're so skimpy

$25 AI Stock Could Deliver Life-Changing Windfall - Ad

Want to spend the night in a Paris museum or a house owned by Prince? Airbnb plans to list them

Trump vs. Biden: Nationwide Poll Shows Key Issue Decidedly Tilts Equation In Favor Of One Candidate

America's Final Republican President - Ad

Courtroom Appearances By These Two Members Of Donald Trump's Family Could Help Him In Hush-Money Trial, Say Experts

Carvana, Enovix, Pfizer, Nio, Tesla: Why These 5 Stocks Are On Investors' Radars Today

"America's No. 1 Retirement Stock" (Name Inside) - Ad

This Man, Who Never Went To University, Is Making $1.2M-A-Year At Deloitte At The Age Of 30

Asia Up, Europe Mixed, While Yen Surges Against Dollar - Global Markets Today While US Slept

Has Jeff Bezos Found the Next Nvidia? - Ad

San Francisco sues Oakland over new airport name that includes 'San Francisco'

Move Over Nvidia: Experts Bullish On Intel's AI Chip, Predict Surge In These Three Global Stocks

Small A.I. Firm Wins $2 Billion in Contracts for Breakthrough "Living Software" - Ad

Kentucky governor announces lottery to award initial round of medical cannabis business licenses

Elizabeth Warren Says Trump Had Only 2 Accomplishments As President: 'Huge Difference Between' Biden, Trump

"Retirement Secret" Showed 995% Gain Last Time We Shared It - Ad

RTX Soars Above Estimates in Q1, Reiterates FY24 Outlook

The world's largest 3D printer is at a university in Maine. It just unveiled an even bigger one

Buy Alert: Invest in This Coin Before... [Details Inside] - Ad

Alcoa Well-Positioned To Benefit From Positive Pricing Momentum, Analyst Says

Retail sales up a strong 0.7% in March from February, underscoring the resiliency of the US consumer

Mysterious Gold Leverage Just Announced - Ad

Amid Latest Indictments, Former Trump Aide Slams Ex-President Over Treatment Of 'Bodies Around Him': 'He Takes Out Everybody Who Is Loyal To Him'

Bitcoin, Ethereum, Dogecoin Plunge, $878M Liquidated: 'Just Set Alerts At $60,000 And $74,000 And Walk Away,' Says Crypto Expert

The Military Is Handing You This Win - On a Silver Platter - Ad

Vertex Pharma scientist talks about the long road to developing non-addictive painkillers

Bitcoin's Historical Data Suggests A Potential 99% Surge, Says Crypto Analyst: 'Time To Buy The Dip!'

Mystery of the Rich and Connected Revealed - Ad

Oil and gas companies must pay more to drill on public lands under new Biden administration rule

US Regulators Seize Republic First Bancorp, Fulton Bank Steps In As Buyer Amid Regional Banking Woes

What Should You Be Doing To "A.I.-Proof" Your Retirement? - Ad

Latest Bitcoin Halving Could Cost Miners Billions Of Dollars In Revenue: Report

Alibaba Rival Temu Joins Tech Giants List Under EU Scrutiny, Crosses User Threshold for Enhanced Regulation

New Video: What A.I. Means for Cancer (And Other Diseases) - Ad

Nike's Sneaker Coup: Reportedly Nears Lucrative Deal With Basketball Sensation Caitlin Clark

Trump-Related MAGA Memecoin Onboards Roger Stone As Partner

The No. 1 Crypto for 2024 - Ad

EU releases blocked funds of $6.7 billion to Poland as part of its post-pandemic recovery package

New rules for Pregnant Workers Fairness Act includes divisive accommodations for abortion

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.