Reliance Global Group Inc RELI
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
News
-
Reliance Global Group Announces Enhanced Terms for Pending Spetner Acquisition
-
Reliance Global Group Announces Advanced Quote & Bind InsurTech Solution for Commercial Policies Launching in Q4 2024
-
Reliance Global Group Reports Second Quarter 2024 Results and Provides Business Update
-
Reliance Global Group Schedules Second Quarter 2024 Financial Results and Business Update Conference Call
-
Reliance Global Group Regains Compliance with Nasdaq Continued Listing Requirements
-
Reliance Global Group Announces Formation of New Real Estate Division Aimed at Expanding Operations
Trading Information
- Previous Close Price
- $2.23
- Day Range
- $2.21–2.33
- 52-Week Range
- $2.12–43.69
- Bid/Ask
- $2.21 / $2.29
- Market Cap
- $2.74 Mil
- Volume/Avg
- 43,810 / 152,303
Key Statistics
- Price/Earnings (Normalized)
- —
- Price/Sales
- 0.03
- Dividend Yield (Trailing)
- 0.00%
- Dividend Yield (Forward)
- 0.00%
- Total Yield
- —
Company Profile
Reliance Global Group Inc operates as a holding company with diversified interests in the insurance market, as well as other related sectors. The company focuses on growing by pursuing an acquisition strategy, initially and primarily focused on wholesale and retail insurance agencies. Its primary strategy is to identify specific risks to reward arbitrage opportunities and develop these on a national platform, thereby increasing revenues and returns, and then identify and acquire undervalued wholesale and retail insurance agencies with operations in growing or underserved segments, expand and optimize their operations, and achieve asset value appreciation while generating interim cash flows. The company generates revenue in the form of commissions.
- Sector
- Financial Services
- Industry
- Insurance Brokers
- Stock Style Box
- Small Value
- Total Number of Employees
- 67
Valuation
|
Metric
|
RELI
|
|---|---|
Price/Earnings (Normalized) | — |
Price/Book Value | 0.79 |
Price/Sales | 0.03 |
Price/Cash Flow | — |
Price/Earnings
RELI
Financial Strength
|
Metric
|
RELI
|
|---|---|
Quick Ratio | 0.68 |
Current Ratio | 1.16 |
Interest Coverage | −8.69 |
Quick Ratio
RELI
Profitability
|
Metric
|
RELI
|
|---|---|
Return on Assets (Normalized) | −17.96% |
Return on Equity (Normalized) | −57.96% |
Return on Invested Capital (Normalized) | −12.83% |
Return on Assets
RELI
Insurance Brokers Industry Comparables
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| Marsh & McLennan Companies Inc
MMC
| Gwtgychh | Sysqdfw | $110.1 Bil | |||
| Aon PLC Class A
AON
| Bfrxqcrlr | Dsvvzxk | $75.4 Bil | |||
| Arthur J. Gallagher & Co
AJG
| — | Rpyd | $60.9 Bil | |||
| Willis Towers Watson PLC
WTW
| Jrsnqgvj | Swdtgy | $29.6 Bil | |||
| Brown & Brown Inc
BRO
| — | Wdgj | $29.4 Bil | |||
| Erie Indemnity Co Class A
ERIE
| — | Lzsr | $28.1 Bil | |||
| CorVel Corp
CRVL
| — | Tnlt | $5.5 Bil | |||
| Steadfast Group Ltd
SFGLF
| — | Ytsczkj | $4.3 Bil | |||
| The Baldwin Insurance Group Inc Class A
BWIN
| — | Gpf | $3.3 Bil | |||
| QDM International Inc
QDMI
| — | Qpxcb | $1.1 Bil |
United States