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Remitly/$RELY

14:30
16:10
17:45
19:25
21:00
1D1W1MYTD1Y5YMAX

About Remitly

Remitly Global Inc provides integrated financial services to immigrants, including helping customers send money internationally in a quick, reliable, and more cost-effective manner by leveraging digital channels. It supports cross-border transmissions across the globe. The company's revenue is generated on transaction fees charged to customers and foreign exchange spreads between the foreign exchange rate offered to customers and the foreign exchange rate on the company's currency purchases.

Ticker

$RELY
Sector
Financials
Trading on
NASDAQ

Industry

Financial Services
Headquarters
Seattle, United States

Employees

2,700
Website
www.remitly.com/us/en

Remitly Metrics

BasicAdvanced
$4.5B
-
-$0.35
0.10
-

$4.5B

0.1

$23.51

$11.60

1.3M

2.657

1.906

0.915

2.169

-21.27%

-4.51%

-11.46%

3.674

7.09

7.94

45.339

35.18%

-39.89%

42.89%

-34.63%

What the Analysts think about Remitly

Analyst Ratings

Analyst ratings (Buy, Hold, Sell) for Remitly stock.

Remitly Financial Performance

Income Statement

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

Remitly Earnings Performance

Earnings per share (EPS)

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-

Remitly News

AllArticlesVideos
KBW Announces Index Rebalancing for Fourth-Quarter 2024

KBW Announces Index Rebalancing for Fourth-Quarter 2024

GlobeNewsWire·1 month ago
Remitly to Present at the 2024 Wells Fargo TMT Summit

Remitly to Present at the 2024 Wells Fargo TMT Summit

GlobeNewsWire·2 months ago
3 Stocks Well Below 52-Week Highs With Strong Growth Projections

3 Stocks Well Below 52-Week Highs With Strong Growth Projections

MarketBeat·2 months ago
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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FAQs

What’s the current market cap for Remitly stock?

Remitly (RELY) has a market cap of $4.5B as of January 15, 2025.

What is the P/E ratio for Remitly stock?

The price to earnings (P/E) ratio for Remitly (RELY) stock is 0 as of January 15, 2025.

Does Remitly stock pay dividends?

No, Remitly (RELY) stock does not pay dividends to its shareholders as of January 15, 2025.

When is the next Remitly dividend payment date?

Remitly (RELY) stock does not pay dividends to its shareholders.

What is the beta indicator for Remitly?

Remitly (RELY) has a beta rating of 0.1. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.