Reliance Global Group, Inc. (RELI)
| Market Cap | 1.96M |
| Revenue (ttm) | 14.57M |
| Net Income (ttm) | -22.47M |
| Shares Out | 3.65M |
| EPS (ttm) | -19.23 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 592,773 |
| Open | 0.535 |
| Previous Close | 0.498 |
| Day's Range | 0.500 - 0.595 |
| 52-Week Range | 0.425 - 11.700 |
| Beta | 0.49 |
| Analysts | Strong Buy |
| Price Target | 7.00 (+1,203.54%) |
| Earnings Date | Nov 13, 2023 |
About RELI
Reliance Global Group, Inc. engages in the acquisition and management of wholesale and retail insurance agencies in the United States. It provides healthcare and Medicare, personal and commercial, trucking, and insurance brokerage products. The company was formerly known as Ethos Media Network, Inc. and changed its name to Reliance Global Group, Inc. in October 2018. Reliance Global Group, Inc. was incorporated in 2013 and is headquartered in Lakewood, New Jersey. [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for RELI stock is "Strong Buy." The 12-month stock price forecast is $7.0, which is an increase of 1,203.54% from the latest price.
News
Reliance Global Group Provides Year-End Update on RELI Exchange
Reports more than 60% increase in total RELI Exchange policies following onboarding of Fortman Insurance under new “One-Firm” approach
Reliance Global Group Announces Letter of Intent for Most Significant Acquisition to Date
Post acquisition, Reliance's revenue expected to increase greater than 100% Attractive consolidated EBITDA returns expected for FY'24 and beyond LAKEWOOD, N.J., Nov. 21, 2023 (GLOBE NEWSWIRE) -- Relia...
Reliance Global Group, Inc. Withdraws Proposed Underwritten Public Offering
Lakewood, NJ, Nov. 21, 2023 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ: RELI) (“Reliance Global Group” or the “Company”), which combines artificial intelligence (AI) and cloud-based techn...
Reliance Global Group, Inc. Announces Proposed Underwritten Public Offering
Lakewood, NJ, Nov. 20, 2023 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ: RELI) (“Reliance Global Group” or the “Company”), which combines artificial intelligence (AI) and cloud-based techn...
Reliance Global Group Embraces 'OneFirm' Approach for Future Growth
Consolidates All Reliance Owned Agencies Under the RELI Exchange Brand Anticipated Benefits Include Enhanced Efficiencies, Cross Talent Utilization, and Cross-Selling Reliance is Positioned for Seamle...
Reliance Global Group's Revenue Grows by 16% for the Third Quarter of 2023
Working Capital Increases by $5.4 million Company to Host Conference Call Today at 4:30 PM Eastern Time LAKEWOOD, NJ, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Reliance Global Group , Inc. (Nasdaq: RELI; RELI...
Reliance Global Group Schedules Third Quarter 2023 Financial Results and Business Update Conference Call
Lakewood, NJ, Nov. 10, 2023 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ: RELI; RELIW) (“Reliance” or the “Company”), announced today that it will host a conference call Monday, November 13...
Reliance Global Group Achieves 12% Increase in Revenue for the Second Quarter of 2023
Working Capital Increases by $6.8 million RELI Exchange Continuing to Grow its Network of Agency Partners Strategic Plan for Consolidation of Subsidiary Agencies Leading to Enhanced Market Presence Re...
Reliance Global Group Schedules Second Quarter 2023 Financial Results and Business Update Conference Call
Lakewood, NJ, Aug. 08, 2023 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ: RELI; RELIW) (“Reliance” or the “Company”), announced today that it will host a conference call Thursday, August 10...
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Reliance Global Group Achieves 29% Increase in Revenue for the First Quarter of 2023
RELI Exchange Continuing to Add New Agency Partners and Support Growth Company to Host Conference Call Today at 4:30 PM Eastern Time LAKEWOOD, N.J., May 18, 2023 (GLOBE NEWSWIRE) -- Reliance Global Gr...
Reliance Global Group Schedules First Quarter 2023 Financial Results and Business Update Conference Call
Lakewood, NJ, May 18, 2023 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ: RELI; RELIW) (“Reliance” or the “Company”), announced that it will host a conference call today, Thursday May 18, 20...
Reliance Global Group to Participate in the Inaugural EF Hutton Global Conference
Lakewood, NJ, May 04, 2023 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ: RELI; RELIW) (“Reliance” or the “Company”), announced today that its management team will be participating in The In...
Reliance Global Group, Inc. Announces Closing of $4.0 Million Private Placement
Lakewood, NJ , March 16, 2023 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ: RELI; RELIW) (“Reliance” or the “Company”), which combines artificial intelligence (AI) and cloud-based technolog...
Reliance Global Group Projects Strong Revenue Growth of More Than 70% for Fiscal 2022
LAKEWOOD, N.J., March 16, 2023 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (Nasdaq: RELI; RELIW) (“Reliance”, “we” or the “Company”), which combines artificial intelligence (AI) and cloud-based te...
Reliance Global Group Announces Launch of RELI University
LAKEWOOD, N.J., March 15, 2023 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (Nasdaq: RELI; RELIW) (“Reliance Global”, “we” or the “Company”), which combines artificial intelligence (AI) and cloud-b...
Reliance Global Group Announces RELI Exchange Surpasses 200 Agency Partners Representing Over 200% Growth in Agency Partners Since July 2022
LAKEWOOD, N.J., March 14, 2023 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (Nasdaq: RELI; RELIW) (“Reliance”, “we” or the “Company”), which combines artificial intelligence (AI) and cloud-based te...
Reliance Global Group, Inc. Announces Pricing of $4.0 Million Private Placement Priced At-the-Market Per Nasdaq Rules
Lakewood, NJ, March 13, 2023 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ: RELI; RELIW) (“Reliance” or the “Company”), which combines artificial intelligence (AI) and cloud-based technologi...
Reliance Global Group Regains Compliance with Nasdaq Continued Listing Requirements
LAKEWOOD, N.J., March 10, 2023 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (Nasdaq: RELI; RELIW) (“Reliance”, “we” or the “Company”), which combines artificial intelligence (AI) and cloud-based te...
Reliance Global Group Announces Partial Conversion of Company Loan Beneficially Held by Company CEO Significantly Above Current Share Price
LAKEWOOD, N.J., Feb. 14, 2023 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (Nasdaq: RELI; RELIW)) (“Reliance”, “we” or the “Company”), which combines artificial intelligence (AI) and cloud-based t...
Reliance Global Group Expands its RELI Exchange Artificial Intelligence-Based InsurTech Platform with CRM Integration
Provides enhanced sales tools and streamlines operations for agency partners
Reliance Global Group Announces Real-Time Life Insurance Quotes are Now Available through its InsurTech Platforms
LAKEWOOD, NJ, Feb. 01, 2023 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (Nasdaq: RELI; RELIW) (“Reliance”, “we” or the “Company”), which combines artificial intelligence (AI) with the personalized...
Reliance Global Group Announces Referral Partnership with Eastern Union
Reliance Global Group, Inc. (Nasdaq: RELI; RELIW) (“Reliance”, “we” or the “Company”), which combines artificial intelligence (AI) with the personalized experience of a traditional insurance agency, t...
Reliance Global Group Achieves 61% Increase in Revenue for the Third Quarter of 2022
Reliance Global Group, Inc. (Nasdaq: RELI; RELIW) (“Reliance”, “we” or the “Company”), which combines artificial intelligence (AI) and cloud-based technologies with the personalized experience of a tr...
Reliance Global Group Schedules Third Quarter 2022 Financial Results and Business Update Conference Call
LAKEWOOD, N.J., Nov. 07, 2022 (GLOBE NEWSWIRE) -- Reliance Global Group , Inc. (Nasdaq: RELI; RELIW) (“Reliance”, “we” or the “Company”), which combines artificial intelligence (AI) and cloud-based t...