Real Matters (REAL.TO) Stock Price

Real Matters Price

TSX·CLOSED
3.19USD-0.03 (-0.99 %)
Market closed

Revenue has compounded at 3.6% per year over the past 11 years to 169.75 M USD. Earnings per share have declined at 70.0% per year over the last 5 years. Real Matters's net margin stands at -13.3%, down from 6.5% several years earlier. Analysts set a median price target of 6.28 USD, implying 97.2% above the current price. Of 13 analysts, 10 rate the stock a buy — an overall Buy consensus. The stock trades about 2% above its 52-week low.

Real Matters stock price

Volume
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Real Matters over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Real Matters stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Real Matters's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Real Matters Stock Price History
DateReal Matters Price
9/4/20263.19 USD
9/3/20263.22 USD
9/2/20263.14 USD
9/1/20263.18 USD
8/31/20263.26 USD
8/30/20264.54 USD
8/28/20263.41 USD
8/27/20263.42 USD
8/26/20263.42 USD
8/25/20263.49 USD
8/24/20263.49 USD
8/23/20263.53 USD
8/21/20263.59 USD
8/20/20263.59 USD
8/19/20263.55 USD
8/18/20263.60 USD
8/17/20263.59 USD
8/16/20263.62 USD
8/14/20263.71 USD
8/13/20263.71 USD
8/12/20263.55 USD
8/11/20263.55 USD
8/10/20263.55 USD
8/9/20263.50 USD
8/7/20263.74 USD
8/6/20263.74 USD
8/5/20263.55 USD
8/4/20263.61 USD
8/3/20263.53 USD
7/31/20263.47 USD
Access this data via the Eulerpool API

Real Matters Revenue, EBIT, Net Income

  • 3 Years

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  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2022
339.60 M USD
1.30 M USD
-9.30 M USD
Jan 1, 2023
163.90 M USD
-7.60 M USD
-6.20 M USD
Jan 1, 2024
172.72 M USD
-4.06 M USD
18,000.00 USD
Jan 1, 2025
169.75 M USD
-7.93 M USD
-22.66 M USD
Jan 1, 2026 (e)
52.77 M USD
1.44 M USD
724,672.20 USD
Jan 1, 2027 (e)
65.08 M USD
8.48 M USD
7.65 M USD
Jan 1, 2028 (e)
74.50 M USD
17.60 M USD
10.87 M USD
Jan 1, 2029 (e)
484.60 M USD
0.00 USD
49.25 M USD

Real Matters Income Statement, Balance Sheet, Cash Flow Statement

Last updated Sep 6, 2026, 4:54 AM
 
REVENUEM USD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEM USD
EBITM USD
EBIT MARGIN%
NET INCOMEM USD
NET INCOME GROWTH%
SHARESM
2014201520162017201820192020202120222023202420252026e2027e2028e2029e
114.00170.00248.00303.00281.00322.00455.00504.00339.00163.00172.00169.0052.0065.0074.00484.00
49.1245.8822.18-7.2614.5941.3010.77-32.74-51.925.52-1.74-69.2325.0013.85554.05
19.3019.4127.4230.3629.1831.6835.6032.5425.0726.3826.7426.0426.0426.0426.0426.04
22.0033.0068.0092.0082.00102.00162.00164.0085.0043.0046.0044.0013.5416.9219.27126.01
1.00-1.00-15.00-15.0017.0065.0051.001.00-7.00-4.00-7.001.008.0017.00
0.59-0.40-4.95-5.345.2814.2910.120.29-4.29-2.33-4.141.9212.3122.97
-5.00-6.00-24.00-4.009.0042.0033.00-9.00-6.00-22.007.0010.0049.00
20.00300.00-83.33-325.00366.67-21.43-127.27-33.3342.86390.00
86.9086.9086.9080.3088.3090.1088.5084.2076.5072.8073.7774.0874.0874.0874.0874.08
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Real Matters generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Real Matters retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Real Matters's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Real Matters has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Real Matters's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Real Matters stock margins

The Real Matters margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Real Matters. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Real Matters.
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  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2021
32.59 %
10.28 %
6.55 %
Jan 1, 2022
25.15 %
0.38 %
-2.74 %
Jan 1, 2023
26.24 %
-4.64 %
-3.78 %
Jan 1, 2024
26.84 %
-2.35 %
0.01 %
Jan 1, 2025
26.31 %
-4.67 %
-13.35 %
Jan 1, 2026 (e)
26.31 %
2.73 %
1.37 %
Jan 1, 2027 (e)
26.31 %
13.03 %
11.76 %
Jan 1, 2028 (e)
26.31 %
23.62 %
14.59 %

Real Matters Stock Revenue, EBIT, Earnings per Share

The Real Matters earnings per share therefore indicates how much revenue Real Matters has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
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  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2021
5.99 USD
0.62 USD
0.39 USD
Jan 1, 2022
4.44 USD
0.02 USD
-0.12 USD
Jan 1, 2023
2.25 USD
-0.10 USD
-0.09 USD
Jan 1, 2024
2.34 USD
-0.06 USD
0.00 USD
Jan 1, 2025
2.29 USD
-0.11 USD
-0.31 USD
Jan 1, 2026 (e)
0.71 USD
0.02 USD
0.01 USD
Jan 1, 2027 (e)
0.88 USD
0.11 USD
0.10 USD
Jan 1, 2028 (e)
1.00 USD
0.24 USD
0.15 USD

Real Matters business model & stock analysis

Real Matters Inc. is a Canadian technology company specializing in real estate valuation and financing. They provide various products and services to players in the real estate industry, including lenders, brokers, lawyers, and others involved in the value chain. Their business model revolves around collecting, analyzing, and sharing data in the field of real estate valuation and financing to help customers make better decisions. They have their headquarters in Canada but also operate internationally.

Real Matters SWOT Analysis

Strengths

[ { "heading": "1.", "text": "Established" } ]

[ { "heading": "2.", "text": "Technological" } ]

[ { "heading": "3.", "text": "Broad" } ]

Weaknesses

[ { "heading": "1.", "text": "Dependence" } ]

[ { "heading": "2.", "text": "Limited" } ]

[ { "heading": "3.", "text": "Competitive" } ]

Opportunities

[ { "heading": "1.", "text": "Expansion" } ]

[ { "heading": "2.", "text": "Technological" } ]

[ { "heading": "3.", "text": "Strategic" } ]

Threats

[ { "heading": "1.", "text": "Economic" } ]

[ { "heading": "2.", "text": "Regulatory" } ]

[ { "heading": "3.", "text": "Disruptive" } ]

Real Matters Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Real Matters historical P/E ratio, EBIT multiple, and P/S ratio

Real Matters annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Real Matters shares outstanding

The number of shares of Real Matters was 74.08 M in 2025. This indicates how many shares Real Matters is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
  • 3 Years

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  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2021
84.20 M Stocks
Jan 1, 2022
76.50 M Stocks
Jan 1, 2023
72.80 M Stocks
Jan 1, 2024
73.77 M Stocks
Jan 1, 2025
74.08 M Stocks
Jan 1, 2026 (e)
74.08 M Stocks
Jan 1, 2027 (e)
74.08 M Stocks
Jan 1, 2028 (e)
74.08 M Stocks

Current Real Matters forecasts and price targets in September 2026

Analyst Price Targets 2026
Δ MOM Price Target
0.00 %
Buy
75.00 % (9)
Hold
25.00 % (3)
Sell
0.00 % (0)
12M Price Target
0.00
Last Price
3.19
Currency
USD
12M Return Potential
-100.00 %
LTM Return
0 %

Real Matters Analyst Rating Actions

DateFirmActionRating
7/29/2021
TD Securities
TD Securities
DowngradeBuyHold
7/29/2021
National Bank Of Canada
National Bank Of Canada
DowngradeOutperformSector Perform

Real Matters Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
4/26/2024-0.01USD-10.86 MUSD-2024 Q2
1/25/2024-0.02USD-10.81 MUSD-2024 Q1

EESG©

Eulerpool ESG Scorecard© for the Real Matters stock

61/100
32
Environment
95
Social
55
Governance
E

Environment

20
Scope 1 - Direct Emissions8
Scope 2 - Indirect emissions from purchased energy309
Scope 3 - Indirect emissions within the value chain
Total CO₂ emissions317
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees53
Percentage of women in management
Percentage of Asian employees
Share of Asian management
Percentage of Hispanic/Latino employees
Hispano/Latino Management share
Percentage of Black employees
Black Management Share
Percentage of white employees
White Management Share100
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Real Matters shareholder structure

% Name
7.80495%
Fidelity Management & Research Company LLC
Fidelity Management & Research Company LLC
6.52222%
RBC Global Asset Management Inc.
RBC Global Asset Management Inc.
3.42741%
CI Global Asset Management
CI Global Asset Management
2.37804%
Fidelity Institutional Asset Management
Fidelity Institutional Asset Management
1.96018%
Beutel, Goodman & Company Ltd.
Beutel, Goodman & Company Ltd.
1.34110%
Louisbourg Investments Inc.
Louisbourg Investments Inc.

Real Matters Beneficial Ownership Filings (SEC 13D/G)

Free Float
94.8%
Float Shares
-
Shares Outstanding
-

Real Matters Executives and Management Board

12 members · avg. age 63 · 33 % women

BL

Mr. Brian Lang (57)

Chief Executive Officer, Director · since 2019

1.75 M USD

Management

LC

Mr. Loren Cooke

Chief Operating Officer, President of Solidifi · since 2024

1.47 M USD
RS

Mr. Ryan Smith

Executive Vice President, Chief Technology Officer · since 2020

997,615.00 USD
RP

Mr. Rodrigo Pinto

Chief Financial Officer, Executive Vice President

848,400.00 USD
JG

Mr. Jay Greenspoon

General Counsel, Corporate Secretary

568,908.00 USD
LB

Ms. Lyne Beauregard

Vice President - Investor Relations and Corporate Communications

CM

Ms. Colleen Mccafferty

Head of Human Resources, Chief Compliance Officer of Solidifi US · since 2025

Board of Directors

GF

Mr. Garry Foster (74)

Independent Chairman of the Board

196,666.00 USD
KM

Ms. Karen Martin (60)

Independent Director

127,500.00 USD
KB

Ms. Kay Brekken (57)

Independent Director

115,000.00 USD
PV

Mr. Peter Vukanovich (66)

Independent Director

115,000.00 USD
JW

Mr. John Walsh (65)

Independent Director

35,000.00 USD

Frequently asked questions about Real Matters

Real Matters Inc is a leading provider of network management and collaboration services to the mortgage lending and insurance industries. The company utilizes its proprietary technology platform to offer innovative solutions that streamline the appraisal process, enhance transparency, and drive efficiency for its clients. Real Matters operates through two business segments: Real Estate Solutions and Insurance Solutions. Through its Real Estate Solutions segment, the company provides network management services, such as appraisal titles and closing services, to lenders and mortgage services companies. Its Insurance Solutions segment offers property insurance verification and other technology-driven services to insurance carriers. Real Matters Inc's business model centers around leveraging technology to optimize and simplify processes in the mortgage lending and insurance sectors.

Real Matters Inc is primarily active in the real estate industry.

The main competitors of Real Matters Inc in the market include companies such as CoreLogic Inc, First American Financial Corporation, and ServiceLink Holdings LLC.

Real Matters Inc. is a leading provider of network management services for the mortgage and insurance industries. Established in 2004, Real Matters has grown to become a trusted partner for lenders and insurers, offering innovative technology solutions that enhance efficiency and reduce costs. With a strong focus on optimizing the mortgage and insurance ecosystems, Real Matters leverages its deep industry relationships and domain expertise to deliver reliable, timely, and accurate information to its clients. The company has established its presence in North America and Australia, and continues to expand its global footprint, driving growth and delivering value to shareholders. Real Matters Inc. is renowned for its commitment to quality, customer service, and technological advancements in the mortgage and insurance sectors.

Real Matters Inc has achieved several significant milestones throughout its history. The company has successfully built a strong reputation in the appraisal and real estate industry, with a focus on providing innovative solutions. One major milestone was its initial public offering (IPO) in 2017, which marked an important step in the company's growth and allowed it to expand its operations. Real Matters Inc has also been recognized for its achievements, such as being named one of the Deloitte Technology Fast 50 companies in Canada. Additionally, the company has continuously expanded its client base and formed strategic partnerships, further establishing its position as a leader in the industry.

Real Matters Inc is primarily present in Canada and the United States.

Real Matters Inc represents a set of core values and a strong corporate philosophy. They prioritize integrity, excellence, and innovation in all aspects of their operations. As a leading provider of technology-based solutions, Real Matters Inc's philosophy revolves around delivering exceptional customer service and driving positive change in the industry. They are committed to fostering a collaborative and inclusive work environment that promotes teamwork and encourages employees to think outside the box. With a focus on delivering reliable and data-driven insights, Real Matters Inc is dedicated to helping customers make informed decisions and achieve their goals in the real estate and mortgage industries.

Analysts currently set an average price target of 6.22 USD for the Real Matters stock (median: 6.28 USD), implying +95.3 % versus the latest price. The consensus is based on 13 analyst ratings.

12 analysts currently rate the Real Matters stock: 9 recommend buying, 3 holding and 0 selling. For 2026, analysts expect Real Matters to generate revenue of 52.77 M USD and earnings per share of 0.01 USD.

Converted at the current exchange rate, the Real Matters share trades at 2.74 EUR (3.19 USD).

The Real Matters share (REAL.TO) is listed on 2 stock exchanges, including: Frankfurt (R3E.F), Toronto (REAL.TO).

Real Matters Inc is a leading provider of technology and data platforms for various industries such as mortgages, insurance, and surveys. The company is headquartered in Canada and operates in various countries including Canada, the United States, Australia, and New Zealand. Real Matters' business model involves providing data and technologies that help customers make informed decisions and optimize their businesses. Real Matters' main division is mortgages. The company offers its customers a unique cloud-based platform called "Merkur" that allows mortgage companies to streamline their business processes, increase efficiency, and reduce costs. Merkur includes various modules such as valuation, post-closing review, title and closing services, as well as damage solutions, all seamlessly integrated to provide a comprehensive solution for mortgage companies. Another important area for Real Matters is insurance. The company offers a technology platform called "Idea" that helps insurance companies automate and streamline the claims settlement process. Idea leverages advanced technologies such as machine learning and artificial intelligence to analyze and prioritize claims, resulting in faster and more accurate decisions. Real Matters is also involved in the surveying industry, offering a technology platform called "Solidifi". This platform enables real estate experts to perform property valuations in an efficient and cost-effective manner. Solidifi provides tools for order management, automatic task assignment, performance monitoring, and transaction management, leading to increased efficiency and accuracy. In addition to these three main divisions, Real Matters also offers other products and services, such as a cloud-based platform called "ALT" that allows banks and lenders to automate and streamline their credit processes. Furthermore, the company offers a range of data and analytics tools that help customers make informed decisions and optimize their business processes. In summary, Real Matters offers a wide range of technology and data platforms for various industries and business areas. By providing innovative tools and solutions, the company helps its customers increase efficiency, reduce costs, and make informed decisions. Real Matters' business model is based on the idea that technology and data are crucial for businesses to thrive in today's competitive market.

The expected revenue of Real Matters is 52.77 M USD. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Real Matters is 724,672.20 USD. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Real Matters is currently 325.73. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Real Matters stock.

The price-to-sales ratio (P/S) of Real Matters is currently 4.47. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Real Matters stock.

The Eulerpool Quality Score for Real Matters is 0/10.

The ISIN of Real Matters is CA75601Y1007. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Real Matters is A2DRYG. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Real Matters is REAL.TO. The ticker symbol is used to trade Real Matters shares on the stock exchange.

Real Matters paid dividends every year for the past 0 years.

Real Matters is assigned to the 'Real Estate' sector.

The dividends of Real Matters are distributed in USD.

All fundamentals and in-depth analysis of Real Matters

Our stock analysis for Real Matters stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Real Matters. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.