Reliance Global Group (RELI) AI Stock Analysis

• Market Cap: $6.47M
• Dividend Yield: N/A
• Average Volume (3M): 3.41M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.24
• Revenue Growth: -6.84%
• EPS Growth: 97.23%
• Country: US
• Employees: 64
• Sector: Financial
• Sector Strength: 70
• Industry: Insurance - Brokers
• EPS (TTM): -0.20
• Shares Outstanding: 9,865,600
• 10 Day Avg. Volume: 3,759,865
• 30 Day Avg. Volume: 3,413,808
• PEG Ratio: 0.02
• Price to Book (P/B): 0.87
• Price to Sales (P/S): 0.18
• P/FCF Ratio: -1.00
• Enterprise Value/Market Cap: 1.38
• Enterprise Value/Revenue: 0.68
• Enterprise Value/Gross Profit: 17.42
• Enterprise Value/Ebitda: -1.84
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 43 Neutral
• Price Target: $0.50 ▼(-24.24% Downside)

Reliance Global Group's overall stock score is primarily impacted by its poor financial performance, with significant challenges in revenue, profitability, and leverage. Technical analysis also indicates bearish momentum. While the earnings call provided some positive strategic developments, these are overshadowed by ongoing financial difficulties and valuation concerns. The high dividend yield is a minor positive factor in an otherwise challenging financial landscape.

Positive Factors

Strategic Divestiture

The sale of Fortman Insurance Services significantly reduced long-term debt by 50%, improving financial stability and liquidity.

Digital Asset Strategy

The strategic focus on Zcash as a primary digital asset reflects a forward-looking approach in digital finance, potentially enhancing long-term value.

Client Service Expansion

The launch of a new client service center enhances operational efficiency and scalability, supporting long-term growth in partner productivity.

Negative Factors

Revenue Decline

Severe revenue contraction indicates challenges in market demand and sales execution, impacting long-term profitability and growth.

High Leverage

High leverage limits financial flexibility and increases risk, potentially affecting the company's ability to invest in growth opportunities.

Negative Profitability Margins

Negative profitability margins highlight operational inefficiencies and cost management issues, threatening long-term financial health.

Reliance Global Group Business Overview & Revenue Model

Company Description

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 employee benefits insurance 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.

How the Company Makes Money

Reliance Global Group generates revenue through multiple streams. Primarily, it earns income from its real estate ventures, which include leasing and property management services. Additionally, the company capitalizes on technology-related services, delivering software solutions and consulting that cater to various industries. Financial services also contribute to the company's revenue, with offerings that may include investments, asset management, and advisory services. Strategic partnerships with other firms enhance its market reach and capabilities, further supporting its revenue generation. The company's diversified portfolio allows it to mitigate risks and capitalize on growth opportunities across different sectors.

Reliance Global Group Financial Statement Overview

Summary

Reliance Global Group faces significant financial challenges across all verticals. The income statement shows declining revenues and negative profitability margins. The balance sheet reflects high leverage and negative equity trends, while cash flow statements indicate ongoing cash flow difficulties despite some improvement in free cash flow growth. The company needs to address these issues to stabilize its financial position.

Income Statement

The income statement reveals significant challenges, with negative net profit margins and declining revenue growth. The TTM data shows a gross profit margin of 25.32%, but the net profit margin is deeply negative at -47.53%. Revenue has decreased by 103.2% compared to the previous period, indicating severe revenue contraction. The EBIT and EBITDA margins are also negative, reflecting operational inefficiencies.

Balance Sheet

The balance sheet indicates high leverage and negative equity trends. The debt-to-equity ratio is 1.37 in the TTM period, showing a decrease from previous years but still indicating high leverage. Return on equity is negative, suggesting that the company is not generating returns for shareholders. The equity ratio is low, highlighting potential financial instability.

Cash Flow

Cash flow analysis shows some improvement in free cash flow growth at 7.1% in the TTM period. However, both operating and free cash flows are negative, and the operating cash flow to net income ratio is -0.45, indicating cash flow challenges. The free cash flow to net income ratio is slightly positive, suggesting some alignment between cash flow and reported earnings.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	13.12M	14.05M	13.73M	11.76M	9.71M	7.30M
Gross Profit	511.76K	2.64M	2.50M	1.11M	2.61M	2.07M
EBITDA	-4.85M	-5.70M	-5.76M	25.04M	-1.31M	-2.30M
Net Income	-7.00M	-9.07M	-12.01M	6.47M	-21.10M	-3.68M
Balance Sheet
Total Assets	15.66M	17.32M	23.02M	38.43M	27.68M	18.04M
Cash, Cash Equivalents and Short-Term Investments	2.58M	372.69K	1.33M	505.41K	4.14M	45.21K
Total Debt	2.31M	13.03M	14.54M	17.57M	9.43M	13.97M
Total Liabilities	8.91M	14.32M	15.87M	29.52M	53.74M	18.11M
Stockholders Equity	6.74M	3.00M	7.15M	8.91M	-26.07M	-63.01K
Cash Flow
Free Cash Flow	-2.37M	-2.60M	-1.04M	-3.99M	-2.94M	-468.46K
Operating Cash Flow	-2.34M	-2.52M	-847.97K	-3.19M	-2.25M	-468.46K
Investing Cash Flow	4.26M	-83.23K	710.19K	-24.64M	-2.30M	-1.95M
Financing Cash Flow	-778.88K	1.66M	966.92K	25.12M	8.64M	2.45M

Reliance Global Group Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.66
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For RELI, the sentiment is Negative. The current price of 0.66 is below the 20-day moving average (MA) of 0.74, below the 50-day MA of 0.84, and below the 200-day MA of 1.13, indicating a bearish trend. The MACD of -0.05 indicates Positive momentum. The RSI at 45.28 is Neutral, neither overbought nor oversold. The STOCH value of 44.79 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for RELI.

Reliance Global Group Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
HUIZ	57 Neutral	$35.01M	13.92	4.56%	―	19.30%	-17.56%
EHTH	56 Neutral	$123.98M	108.63	5.88%	―	16.79%	―
ZBAO	54 Neutral	$41.99M	13.66	―	―	80.80%	―
RELI	43 Neutral	$6.47M	―	-146.43%	―	-6.84%	97.23%
TIRX	43 Neutral	$26.98M	-1.75	-11.18%	―	624.24%	85.46%
GOCO	41 Neutral	$47.15M	-0.18	-142.05%	―	7.56%	-344.04%

Reliance Global Group Corporate Events

Reliance Global Appoints Janover to Lead Crypto Advisory

On November 18, 2025, Reliance Global Group, Inc. entered into an Advisory Agreement with Convergence Strategy Partners, LLC, appointing Blake Janover as Chairperson of its Crypto Advisory Board. This move aims to strengthen Reliance’s leadership in digital asset initiatives and blockchain strategies, enhancing its InsurTech operations. Janover’s appointment is seen as strategically important, given the recent consolidation in crypto markets, and is expected to drive innovation and long-term shareholder value within the company.

The most recent analyst rating on (RELI) stock is a Hold with a $0.50 price target. To see the full list of analyst forecasts on Reliance Global Group stock, see the RELI Stock Forecast page.

Reliance Global Group’s Strategic Moves Highlighted in Earnings Call

Reliance Global Group’s recent earnings call painted a picture of strategic maneuvers and technological advancements, though not without challenges. The sentiment was largely positive, driven by the sale of Fortman Insurance Services and improvements in liquidity. However, these gains were tempered by a decrease in commission income, increased net loss, and higher operational expenses.

Reliance Global Group Strengthens Financial Position

Reliance Global Group, Inc. is a company operating in the InsurTech sector, utilizing artificial intelligence and cloud-based technologies to enhance efficiencies in the insurance agency and brokerage industry.

Reliance Global Group Approves Special Cash Dividend

On September 26, 2025, Reliance Global Group‘s Board of Directors approved a special cash dividend of $0.03 per share, payable on December 2, 2025, to stockholders of record as of October 30, 2025. This move is part of the company’s strategy to reward shareholders and reflects confidence in its financial health and business model. Additionally, the company announced its first purchase of Bitcoin and XRP as part of its Digital Asset Treasury initiative, further diversifying its digital asset portfolio to enhance long-term treasury management and shareholder value.

The most recent analyst rating on (RELI) stock is a Hold with a $1.00 price target. To see the full list of analyst forecasts on Reliance Global Group stock, see the RELI Stock Forecast page.

Reliance Global Group Enters Crypto Purchase Agreement

On September 16, 2025, Reliance Global Group entered into an Interim Crypto Purchase Agreement with Moshe Fishman to facilitate cryptocurrency purchases on behalf of the company, as it establishes its institutional cryptocurrency account. This move is part of Reliance’s broader strategy to build a diversified digital asset portfolio, beginning with its initial purchase of Ethereum under its Digital Asset Treasury initiative. The initiative aims to achieve long-term capital appreciation and is supported by the formation of a Crypto Advisory Board to guide management in digital asset initiatives. This strategic expansion into digital assets underscores Reliance’s commitment to innovation in both insurance and decentralized finance.

The most recent analyst rating on (RELI) stock is a Sell with a $1.00 price target. To see the full list of analyst forecasts on Reliance Global Group stock, see the RELI Stock Forecast page.

Reliance Global Group Adopts Digital Asset Strategy

On September 15, 2025, Reliance Global Group announced the adoption of a digital asset treasury strategy, allowing the company to invest in cryptocurrencies like Bitcoin, Ethereum, and Solana. This move includes exploring blockchain-enabled, tokenized insurance-linked assets to improve the insurance-linked market. The strategy introduces risks such as volatility in digital asset prices, which could impact the company’s financial results and stock price. The formation of a Crypto Advisory Board aims to guide the strategy’s implementation, but the company acknowledges potential challenges, including regulatory, technological, and market risks.

The most recent analyst rating on (RELI) stock is a Sell with a $1.00 price target. To see the full list of analyst forecasts on Reliance Global Group stock, see the RELI Stock Forecast page.

Reliance Global Group Updates Stock Vesting Schedules

On September 12, 2025, Reliance Global Group‘s Compensation Committee approved changes to the vesting schedules for certain restricted stock awards under its 2024 and 2025 incentive plans. This decision aims to enhance employee retention, align management with shareholder interests, and acknowledge past contributions by fully vesting awards for key executives and employees, including CEO Ezra Beyman, CFO Joel Markovits, and EVP Yaakov Beyman.

The most recent analyst rating on (RELI) stock is a Sell with a $1.00 price target. To see the full list of analyst forecasts on Reliance Global Group stock, see the RELI Stock Forecast page.

Reliance Global Group Enters Stock Purchase Agreement

On August 26, 2025, Reliance Global Group, Inc. entered into a Common Stock Purchase Agreement with White Lion Capital, LLC, allowing the company to sell up to $10 million of newly issued common stock to White Lion. The agreement includes conditions such as an Exchange Cap and Beneficial Ownership Limitation to regulate the stock issuance. Additionally, a Registration Rights Agreement was established to facilitate the resale of shares by White Lion, with the company committing to file a registration statement within ten business days. This strategic move is expected to provide Reliance Global Group with financial flexibility and potentially enhance its market position.

The most recent analyst rating on (RELI) stock is a Hold with a $1.00 price target. To see the full list of analyst forecasts on Reliance Global Group stock, see the RELI Stock Forecast page.