HC Wainwright Estimates reAlpha Tech FY2027 Earnings

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

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

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

reAlpha Tech Trading Up 2.5%

AIRE stock opened at $0.32 on Tuesday. reAlpha Tech has a 52-week low of $0.14 and a 52-week high of $1.80. The company has a quick ratio of 2.70, a current ratio of 2.70 and a debt-to-equity ratio of 0.01. The firm has a market cap of $42.10 million, a P/E ratio of -1.45 and a beta of -3.35. The company’s 50-day simple moving average is $0.37 and its 200-day simple moving average is $0.52.

Hedge Funds Weigh In On reAlpha Tech

A number of large investors have recently added to or reduced their stakes in AIRE. Geode Capital Management LLC lifted its holdings in reAlpha Tech by 120.4% during the fourth quarter. Geode Capital Management LLC now owns 941,337 shares of the company’s stock valued at $393,000 after purchasing an additional 514,306 shares in the last quarter. Scientech Research LLC purchased a new stake in shares of reAlpha Tech during the third quarter worth about $87,000. Virtu Financial LLC increased its stake in shares of reAlpha Tech by 484.4% during the third quarter. Virtu Financial LLC now owns 114,150 shares of the company’s stock worth $88,000 after purchasing an additional 94,616 shares in the last quarter. Finally, State Street Corp raised its position in shares of reAlpha Tech by 49.9% during 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 last quarter. 1.02% of the stock is currently owned by institutional investors and hedge funds.

reAlpha Tech Company Profile

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.