Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
An update from RenX Enterprises ( (RENX) ) is now available.
On December 19, 2025, Safe and Green Development Corporation officially changed its corporate name to RenX Enterprises Corp. and amended its charter and bylaws accordingly, with the board approving the changes without needing stockholder consent under Delaware law. Concurrently, the company’s common stock began trading on Nasdaq under the new ticker symbol “RENX” while retaining the same CUSIP, and existing stock certificates remain valid, meaning the name and symbol changes leave shareholder rights and trading continuity unaffected. The rebranding, announced in a December 18, 2025 press release, underscores the company’s strategic pivot toward engineered soils, renewable-material production and a vertically integrated platform for high-margin soil products, sustainable substrates and regenerative land-use solutions, aligning its corporate identity more closely with its growing environmental processing and logistics operations.
Spark’s Take on RENX Stock
According to Spark, TipRanks’ AI Analyst, RENX is a Underperform.
The overall stock score reflects significant challenges faced by Safe and Green Development Corporation, primarily driven by its weak financial performance and valuation metrics. The company’s high leverage, persistent losses, and negative cash flow are the most significant factors lowering the score. Technical analysis indicates a bearish trend, further impacting the stock’s attractiveness. The lack of earnings and dividends further contributes to a low valuation score.
To see Spark’s full report on RENX stock, click here.
More about RenX Enterprises
RenX Enterprises Corp., formed in 2021 as Safe and Green Development Corporation, is a real estate development and environmental solutions company that initially targeted direct and indirect investments in U.S. properties for future green single-family and multifamily housing projects and continues to focus on monetizing its real estate assets. Its primary operations center on an environmental processing and logistics platform anchored by a permitted 80+ acre organics processing facility in Myakka City, Florida, where it processes source-separated green waste and is expanding into high-margin potting media and soil substrates using advanced milling technology, supported by a logistics network serving biomass, solid waste and recyclable materials for both internal and third‑party needs.
Average Trading Volume: 2,846,823
Technical Sentiment Signal: Sell
Current Market Cap: $2.25M
For an in-depth examination of RENX stock, go to TipRanks’ Overview page.