NYSE:RMAX

RE/MAX (RMAX) Stock Price, News & Analysis

$7.12
-0.13 (-1.79%)
(As of 04/22/2024 ET)
Today's Range
$7.02
$7.24
50-Day Range
$7.05
$9.92
52-Week Range
$6.95
$20.48
Volume
270,110 shs
Average Volume
275,221 shs
Market Capitalization
$130.15 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$14.00

RE/MAX MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.67 Rating Score
Upside/​Downside
96.6% Upside
$14.00 Price Target
Short Interest
Bearish
8.88% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Acquiring Shares
$412,560 Bought Last Quarter
Proj. Earnings Growth
7.69%
From $0.78 to $0.84 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.29 out of 5 stars

Finance Sector

730th out of 842 stocks

Real Estate Agents & Managers Industry

10th out of 14 stocks

RMAX stock logo

About RE/MAX Stock (NYSE:RMAX)

RE/MAX Holdings, Inc. operates as a franchisor of real estate brokerage services in the United States, Canada, and internationally. It operates through Real Estate, Mortgage, and Marketing Funds segments. The company offers real estate brokerage franchising services under the RE/MAX brand; mortgage brokerage services to real estate brokers, real estate professionals, mortgage professionals, and other investors under the Motto Mortgage brand; and mortgage loan processing software and services under the wemlo brand. It also provides kvCORE platform, which integrates a suite of digital products that enables agents, brokers, and teams to establish and manage client relationships; and RE/MAX University platform, a learning hub designed to help each agent in their professional expertise. The company was founded in 1973 and is headquartered in Denver, Colorado.

RMAX Stock Price History

RMAX Stock News Headlines

RE/MAX NATIONAL HOUSING REPORT FOR MARCH 2024
Don’t Miss Out on the AI Gold Rush That’s Just Getting Started
“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.
Why RE/MAX (RMAX) Stock Is Trading Lower Today
Don’t Miss Out on the AI Gold Rush That’s Just Getting Started
“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.
RE/MAX NATIONAL HOUSING REPORT FOR FEBRUARY 2024
RMAX Apr 2024 10.000 call
See More Headlines
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Company Calendar

Last Earnings
2/22/2024
Today
4/23/2024
Next Earnings (Confirmed)
5/02/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate agents & managers
Sub-Industry
N/A
Employees
544
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$14.00
High Stock Price Target
$21.00
Low Stock Price Target
$7.00
Potential Upside/Downside
+96.6%
Consensus Rating
Reduce
Rating Score (0-4)
1.67
Research Coverage
6 Analysts

Profitability

Net Income
$-69,020,000.00
Pretax Margin
-12.76%

Debt

Sales & Book Value

Annual Sales
$325.67 million
Cash Flow
$4.16 per share
Book Value
($4.16) per share

Miscellaneous

Free Float
17,181,000
Market Cap
$130.15 million
Optionable
Optionable
Beta
1.40
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Key Executives

  • Mr. David L. Liniger (Age 78)
    Co Founder & Non-Executive Chairman
  • Ms. Karri R. Callahan (Age 46)
    Chief Financial Officer
    Comp: $864.19k
  • Ms. Serene M. Smith (Age 45)
    Chief of Staff & COO
    Comp: $785.56k
  • Mr. Nicholas R. Bailey (Age 48)
    President & CEO RE/MAX, LLC
    Comp: $832.74k
  • Mr. Ward M. Morrison (Age 56)
    President & CEO of Motto Mortgage and wemlo
    Comp: $758.97k
  • Mr. W. Erik Carlson (Age 54)
    CEO & Director
  • Ms. Leah Jenkins (Age 43)
    VP & Chief Accounting Officer
  • Mr. William Grady Ligon
    Chief Information Officer
  • Mr. Andrew Schulz
    Vice President of Investor Relations
  • Ms. Susie Winders
    Executive VP, General Counsel, Chief Compliance Officer & Secretary

RMAX Stock Analysis - Frequently Asked Questions

Should I buy or sell RE/MAX stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for RE/MAX in the last year. There are currently 2 sell ratings and 4 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "reduce" RMAX shares.
View RMAX analyst ratings
or view top-rated stocks.

What is RE/MAX's stock price target for 2024?

6 Wall Street research analysts have issued twelve-month target prices for RE/MAX's shares. Their RMAX share price targets range from $7.00 to $21.00. On average, they anticipate the company's stock price to reach $14.00 in the next year. This suggests a possible upside of 96.6% from the stock's current price.
View analysts price targets for RMAX
or view top-rated stocks among Wall Street analysts.

How have RMAX shares performed in 2024?

RE/MAX's stock was trading at $13.33 on January 1st, 2024. Since then, RMAX stock has decreased by 46.6% and is now trading at $7.12.
View the best growth stocks for 2024 here
.

Are investors shorting RE/MAX?

RE/MAX saw a increase in short interest during the month of March. As of March 15th, there was short interest totaling 1,210,000 shares, an increase of 39.8% from the February 29th total of 865,600 shares. Based on an average daily trading volume, of 277,300 shares, the short-interest ratio is presently 4.4 days. Approximately 7.7% of the shares of the company are short sold.
View RE/MAX's Short Interest
.

When is RE/MAX's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our RMAX earnings forecast
.

How can I listen to RE/MAX's earnings call?

RE/MAX will be holding an earnings conference call on Friday, May 3rd at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

How were RE/MAX's earnings last quarter?

RE/MAX Holdings, Inc. (NYSE:RMAX) posted its earnings results on Thursday, February, 22nd. The financial services provider reported $0.16 earnings per share for the quarter, beating the consensus estimate of $0.15 by $0.01. The financial services provider earned $76.60 million during the quarter, compared to analysts' expectations of $77.19 million. RE/MAX had a negative trailing twelve-month return on equity of 116.18% and a negative net margin of 21.19%.

How often does RE/MAX pay dividends? What is the dividend yield for RE/MAX?

RE/MAX declared a quarterly dividend on Tuesday, August 1st. Stockholders of record on Tuesday, August 15th will be paid a dividend of $0.23 per share on Tuesday, August 29th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 12.92%. The ex-dividend date is Monday, August 14th.
Read our dividend analysis for RMAX
.

What guidance has RE/MAX issued on next quarter's earnings?

RE/MAX issued an update on its first quarter 2024 earnings guidance on Thursday, February, 22nd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $75.0 million-$80.0 million, compared to the consensus revenue estimate of $82.6 million.

What is Adam Contos' approval rating as RE/MAX's CEO?

84 employees have rated RE/MAX Chief Executive Officer Adam Contos on Glassdoor.com. Adam Contos has an approval rating of 91% among the company's employees. This puts Adam Contos in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of RE/MAX own?

Based on aggregate information from My MarketBeat watchlists, some companies that other RE/MAX investors own include Weyerhaeuser (WY), JPMorgan Chase & Co. (JPM), Ambarella (AMBA), Bank of America (BAC), Citigroup (C), Cisco Systems (CSCO), eXp World (EXPI), Marathon Petroleum (MPC), Starbucks (SBUX) and Simon Property Group (SPG).

How do I buy shares of RE/MAX?

Shares of RMAX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:RMAX) was last updated on 4/23/2024 by MarketBeat.com Staff

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