Exp World Holdings, Inc. (AGNT) to Distribute Quarterly Dividend of $0.05 on June 5th

Exp World Holdings, Inc. (NASDAQ:AGNT) announced a quarterly dividend on Thursday, April 23rd, NASDAQ Dividends reports. Investors of record on Friday, May 22nd will be paid a dividend of 0.05 per share by the technology company on Friday, June 5th. This represents a c) dividend on an annualized basis and a yield of 4.2%. The ex-dividend date is Friday, May 22nd.

Exp World has a dividend payout ratio of 90.9% meaning its dividend is currently covered by earnings, but may not be in the future if the company’s earnings decline. Research analysts expect Exp World to earn $0.16 per share next year, which means the company may not be able to cover its $0.20 annual dividend with an expected future payout ratio of 125.0%.

Exp World Price Performance

Exp World stock opened at $4.72 on Wednesday. The firm has a market cap of $775.59 million, a PE ratio of -47.20 and a beta of 2.20. The stock’s fifty day moving average price is $6.03 and its two-hundred day moving average price is $8.21. Exp World has a one year low of $4.59 and a one year high of $12.23.

Exp World (NASDAQ:AGNT) last released its earnings results on Monday, May 11th. The technology company reported ($0.03) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.05) by $0.02. Exp World had a negative return on equity of 7.05% and a negative net margin of 0.35%.The company had revenue of $1.01 billion for the quarter, compared to analyst estimates of $971.32 million. Sell-side analysts expect that Exp World will post 0.08 earnings per share for the current fiscal year.

About Exp World

eXp World Holdings, Inc (NASDAQ: EXPI) is a cloud-based real estate company that operates a global brokerage model through its eXp Realty subsidiary. Founded in 2009 by industry veteran Glenn Sanford and headquartered in Bellingham, Washington, the company leverages a virtual business environment to connect and support real estate professionals. eXp Realty’s technology-driven platform enables licensed agents to list, show and manage residential property transactions without the overhead of traditional brick-and-mortar offices.

At the core of eXp World’s offering is its proprietary virtual campus, which provides real-time training, collaboration and networking via an immersive online environment.