Core Viewpoint - MediaAlpha, Inc. is set to report its fourth-quarter 2024 results on February 24, with expectations of significant year-over-year growth in earnings and revenues [1][2]. Earnings and Revenue Estimates - The consensus estimate for earnings is 24 cents per share, indicating a more than 100% increase year-over-year [2]. - Revenue for the upcoming quarter is projected at $287.9 million, also suggesting over 100% growth compared to the previous year [2]. Earnings Surprise History - MediaAlpha has a strong earnings surprise history, having exceeded the Zacks Consensus Estimate in the last four quarters with an average surprise of 109.7% [3]. Earnings Prediction Model - Current analysis indicates a lesser chance of an earnings beat for MediaAlpha, with an Earnings ESP of 0.00% and a Zacks Rank of 3 (Hold) [4][5]. Transaction Value Growth - The anticipated growth in the company's top line is attributed to increased transaction value in the Property & Casualty (P&C) sector, with a consensus mark of $488.1 million, reflecting over 100% year-over-year growth [6]. Stock Performance - MediaAlpha's stock has declined by 25.1% over the past six months, contrasting sharply with a 78% increase in its industry and a 10.1% rise in the Zacks S&P 500 composite [7]. Valuation Metrics - The stock is currently trading at a trailing 12-month price-to-earnings ratio of 12.8X, significantly lower than the industry average of 50.9X, indicating a potentially undervalued position [10]. Business Model and Market Position - MediaAlpha operates as the largest insurance customer acquisition media marketplace, leveraging strong long-term partnerships as a key differentiator [12]. - The company is expected to benefit from momentum in the P&C vertical, particularly as auto insurance underwriting profitability improves [13]. Challenges and Concerns - Headwinds in the Medicare payer space may negatively impact the health vertical, despite the fourth quarter being seasonally strong [14]. - The company's decision not to pay dividends raises questions about its cash position and may affect investor sentiment [14]. Long-term Outlook - The robust marketplace model and healthy performance in the P&C vertical position MediaAlpha for long-term growth, although caution is advised due to recent stock price declines and potential earnings performance [16][17].

Core Insights - The real estate market in January 2025 saw a significant increase in new listings and inventory, while the median sales price experienced a month-to-month decline but a year-over-year increase [1][10]. New Listings - New listings in January 2025 surged by 53.7% compared to December 2024 and were nearly unchanged (down 0.1%) from January 2024 [1][5]. - The markets with the largest year-over-year increases in new listings were Seattle, WA (+32.9%), Anchorage, AK (+29.0%), and Des Moines, IA (+28.4%) [6]. Inventory - Inventory rose by 5.0% from December 2024 and was 30.9% higher than a year ago [1][17]. - The months' supply of inventory was 2.8, up from 2.1 in January 2024 but down from 3.0 in December 2024 [17]. Median Sales Price - The median sales price in January 2025 was $422,000, down 1.8% from December 2024 but up 5.3% from January 2024 [1][10]. - The largest year-over-year increases in median sales price were observed in Pittsburgh, PA (+15.1%), Wichita, KS (+14.2%), and Milwaukee, WI (+13.9%) [11]. Closed Transactions - Home sales dropped 24.3% from December 2024 but were up 6.0% compared to January 2024, marking the fourth consecutive month of year-over-year increases [2][7]. - The markets with the highest year-over-year sales increases included Coeur d'Alene, ID (+32.5%), Anchorage, AK (+24.9%), and Fayetteville, AR (+22.0%) [7]. Days on Market - The average days on market for homes sold in January 2025 was 55 days, which is an increase of nine days compared to January 2024 [8][14]. - The markets with the highest days on market were Bozeman, MT (87 days), Des Moines, IA (86 days), and Fayetteville, AR (86 days) [14][16]. Close-to-List Price Ratio - The average close-to-list price ratio was 98% in January 2025, consistent with both December 2024 and January 2024 [12]. - The lowest close-to-list price ratios were in Miami, FL (92.8%) and Tampa, FL (96.4%) [12][13]. Market Dynamics - The increase in inventory is not evenly distributed, with mid-range single-family homes remaining scarce while luxury listings are more plentiful [5][4]. - Buyers paid 98% of the asking price, indicating a competitive market despite the increase in inventory [8].

Group 1 - MediaAlpha, Inc. (MAX) has shown a year-to-date performance increase of approximately 10.6%, outperforming the average gain of 9.1% in the Business Services sector [4] - The Zacks Rank for MediaAlpha, Inc. is currently 1 (Strong Buy), indicating a positive outlook based on earnings estimates and revisions, with a 12.1% increase in the consensus estimate for full-year earnings over the past quarter [3] - In comparison, Spotify (SPOT) has significantly outperformed both MediaAlpha and the sector, with a year-to-date return of 39.3% and a Zacks Rank of 2 (Buy) [4][5] Group 2 - MediaAlpha, Inc. is part of the Technology Services industry, which consists of 152 companies and currently ranks 84 in the Zacks Industry Rank, with an average gain of 21.6% this year, indicating that MAX is slightly underperforming its industry [6] - Investors interested in Business Services stocks are encouraged to monitor both MediaAlpha, Inc. and Spotify for their continued performance [7]

Max Resource Extends Expiry Date and Amends Price on Share Purchase WarrantsFebruary 05, 2025 11:33 AM EST | Source: MAX Resource Corp.Vancouver, British Columbia--(Newsfile Corp. - February 5, 2025) - MAX RESOURCE CORP. (TSXV: MAX) (OTC Pink: MXROF) (FSE: M1D2) ("Max" or the "Company") announces the amendment of certain common share purchase warrants originally issued by way of private placement (the "Amendment").The Amendment consists of an aggregate 14,825,000 warrants issued on March 28, 2 ...

NEW YORK, Feb. 4, 2025 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of MediaAlpha, Inc. ("MediaAlpha" or the "Company") (NYSE: MAX). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.The investigation concerns whether MediaAlpha and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class action] On June 24, 2024, Wolfp ...

Event to be Webcast Live on the MediaAlpha Investor Relations WebsiteLOS ANGELES, Feb. 03, 2025 (GLOBE NEWSWIRE) -- MediaAlpha, Inc. (NYSE: MAX), today announced that it will release fourth quarter and full year 2024 financial results on Monday, February 24, 2025 after market close. The company will host a Q&A conference call to discuss these results at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same day. A live webcast of the call will be available on MediaAlpha’s Investor Relations website at ...

The brand's biggest event of the year begins February 24, 2025, in Las Vegas for its global network of real estate professionalsDENVER, Jan. 30, 2025 /PRNewswire/ -- The countdown is on for the all-new RE/MAX® R4, the brand's annual global convention, slated for February 24-27, 2025, at the vibrant Mandalay Bay Resort and Casino in Las Vegas. This year's event promises a reimagined experience, featuring a revamped format, a robust lineup of speakers, and dynamic educational sessions that are as fresh and bo ...

The 2025 campaign leverages consumer insights to reinforce RE/MAX as the most trusted name in real estate.DENVER, Jan. 27, 2025 /PRNewswire/ -- RE/MAX, the #1 name in real estate1 and #1 in brand awareness1 is proud to announce the launch of its highly anticipated 2025 National Advertising Campaign. The campaign takes a fresh, modern, and bold approach, showcasing the unmatched trust in and professionalism of RE/MAX affiliates and what sets them apart from other real estate agents. It builds onto the rock-s ...

Stock Performance - The stock of MediaAlpha, Inc (MAX) has dropped 26% over the past six months and 42% in the last three months, but a 5% gain in the past month suggests a potential rebound [1] - Competitors like Angi (ANGI) and Nextdoor Holdings (KIND) have also faced declines of 23% and 17% respectively over the past six months [1] Competitive Edge - The company operates in the niche market of digital insurance advertising, utilizing advanced data analytics to connect insurers with high-intent consumers [4] - Its targeted approach allows insurers to optimize marketing budgets and improve customer acquisition efficiency, positioning MediaAlpha as a leader in its field [4] - The digital advertising space in the insurance sector is witnessing rapid growth, with more insurance providers shifting marketing efforts online, benefiting MediaAlpha's technology-driven solutions [5] Operational Excellence and Innovation - MediaAlpha's platform facilitates transparent, data-driven transactions between advertisers and publishers, fostering trust and ensuring better ROI for advertisers [6] - Q3 2024 revenues reached $259 million, a 247% year-over-year increase, with transaction value surging 314% to $451.8 million [7] - The Property & Casualty insurance vertical saw transaction value rise by 766% to $387 million, highlighting the company's ability to leverage market trends effectively [7] - The company recorded a gross margin of 15.1% and a contribution margin of 16% in the quarter, reflecting operational efficiency and scalability [8][9] Industry Trends - The insurance sector's increasing adoption of digital tools and preference for online customer acquisition channels are key tailwinds for MediaAlpha [10] - The global auto insurance market, valued at $923.4 billion in 2023, is projected to grow to $2,274.8 billion by 2032, with a CAGR of 10.8% between 2024 and 2032 [12] Financial Health - MAX has a current ratio of 1.22, indicating sufficient liquidity to meet short-term obligations, though below the industry average of 2.15 [13] - The company's strong liquidity position supports operational continuity and growth initiatives, enhancing investor confidence [13] Growth Forecasts - The Zacks Consensus Estimate for MAX's 2024 sales is $852 million, indicating 119.5% year-over-year growth, with sales expected to rise by 30% in 2025 [15] - Earnings are projected at $0.48 per share for 2024, implying 154% year-over-year growth, with an additional 79.2% increase anticipated in 2025 [15] - Over the past 60 days, estimates for 2024 and 2025 have been revised upward, with no downward adjustments, reflecting growing analyst confidence [16] Investment Outlook - MAX is positioned as a promising buy due to its strong growth prospects and leadership in digital insurance advertising [18] - The company's exceptional Q3 2024 results, with 247% revenue growth and 314% transaction value increase, underscore its potential for sustained growth [18] - With expected 119.5% sales growth and 154% earnings increase in 2024, MAX is well-positioned to capitalize on digital transformation in insurance advertising [19]

Max Resource Announces Closing of Second Tranche of Financing in Australian SubsidiaryJanuary 20, 2025 8:00 AM EST | Source: MAX Resource Corp.Vancouver, British Columbia--(Newsfile Corp. - January 20, 2025) - MAX RESOURCE CORP. (TSXV: MAX) (OTC Pink: MXROF) (FSE: M1D2) ("Max" or the "Company") is pleased to announce that, further to its news releases on December 12, 2024, January 2, 2025, and January 7, 2025, Max Iron Brazil Ltd. ("Max Brazil"), formerly a wholly-owned subsidiary of the Compa ...