Exp World Holdings, Inc. (NASDAQ:AGNT) to Issue Quarterly Dividend of $0.05

Exp World Holdings, Inc. (NASDAQ:AGNT) announced a quarterly dividend on Tuesday, July 28th, NASDAQ Dividends reports. Investors of record on Friday, August 14th will be given a dividend of 0.05 per share by the technology company on Friday, August 28th. This represents a c) annualized dividend and a yield of 4.7%. The ex-dividend date is Friday, August 14th.

Exp World has a 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 tumble. Analysts expect Exp World to earn $0.10 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 200.0%.

Exp World Price Performance

AGNT stock traded up $0.02 during trading on Wednesday, hitting $4.29. The stock had a trading volume of 65,913 shares, compared to its average volume of 1,213,544. Exp World has a twelve month low of $3.68 and a twelve month high of $12.23. The company’s 50-day moving average price is $4.62 and its two-hundred day moving average price is $5.89. The stock has a market capitalization of $704.95 million, a P/E ratio of -39.00 and a beta of 2.09.

Exp World (NASDAQ:AGNT) last announced its earnings results on Friday, August 7th. The technology company reported ($0.02) EPS for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.10). Exp World had a negative net margin of 0.35% and a negative return on equity of 5.43%. Exp World’s revenue for the quarter was up 10.7% compared to the same quarter last year. As a group, sell-side analysts expect that Exp World will post -0.07 EPS for the current fiscal year.

Exp World Company Profile

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.