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EXPI

eXp World Holdings

$10.05

0.09 (0.90%)

09:07
11/14/19
11/14
09:07
11/14/19
09:07

eXp opens for business in the United Kingdom

eXp, The Real Estate Cloud Brokerage and a subsidiary of eXp World Holdings, announced eXp is now open for business in the United Kingdom. eXp is expanding into the United Kingdom under the leadership of Adam Day, who will lead the company's expansion and brokerage operations in the country. Day, International Expansion Leader for eXp UK, has been in the local real estate industry since 1997 in various roles, including launching one of the first online estate agencies in the United Kingdom and leading it through an acquisition by the most successful, local property business. Dozens of estate agents have joined eXp UK from online, hybrid and traditional agency backgrounds as self-employed agents looking to grow the business. Two of the first to join eXp UK were Mark Bentley, the most recent president of the National Association of Estate Agents, and Ian Dobrin, the former internal recruitment director for the largest bricks and mortar estate agency business in the United Kingdom.

  • 14

    Nov

  • 15

    Nov

EXPI eXp World Holdings
$10.05

0.09 (0.90%)

11/14/18
SPHN
11/14/18
NO CHANGE
Target $19
SPHN
Overweight
Stephens still bullish on eXp World Holdings despite mixed quarter
Stephens analyst John Campbell lowered eXp World Holdings price target to $19 from $21 on lower profit estimates, while reiterating an Overweight rating on the shares. The analyst continues to like the stock long despite a mixed quarter that gave him plenty of support for his long thesis around disruptive growth but also came with a step back in leverage versus last quarter. The analyst thinks investors should remain focused on the bigger picture and the "bright" outlook ahead, including an agent TAM penetration of only about 70bps, nice leverage optionality tied to bolt-on ancillary services and the lingering potential of a takeout. Campbell believes that eXp World Holdings has been weighed down by broader housing/macro concerns, but thinks the word "cyclicality" is not quite part of its story yet.

TODAY'S FREE FLY STORIES

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SCHW

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BLUE

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AQST

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BY

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NXGN

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AMOT

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LILA

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  • 16

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ADBE

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SRPT

Sarepta

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-1.15 (-1.13%)

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PHR

Phreesia

$28.67

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SRPT

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ADBE

Adobe

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SRPT

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AMZN

Amazon.com

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OHAI

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ONCT

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HZN

Horizon Global

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ORCL

Oracle

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  • 12

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SRPT

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ORCL

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NLNK

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EVRC

Evercel, Inc

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BXRX

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