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

6 Wall Street equities research 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 equities research 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 12-month price targets for RE/MAX's stock. Their RMAX share price targets range from $7.00 to $21.00. On average, they expect the company's stock price to reach $14.00 in the next year. This suggests a possible upside of 96.1% 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 at the beginning of the year. Since then, RMAX stock has decreased by 46.4% and is now trading at $7.14. 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 trading volume of 277,300 shares, the days-to-cover ratio is currently 4.4 days. Currently, 7.7% of the shares of the stock are sold short. 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) announced its quarterly earnings data on Thursday, February, 22nd. The financial services provider reported $0.16 EPS for the quarter, beating the consensus estimate of $0.15 by $0.01. The financial services provider had revenue of $76.60 million for the quarter, compared to analyst estimates of $77.19 million. RE/MAX had a negative net margin of 21.19% and a negative trailing twelve-month return on equity of 116.18%.

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. Shareholders of record on Tuesday, August 15th will be given a dividend of $0.23 per share on Tuesday, August 29th. This represents a $0.92 annualized dividend and a yield of 12.89%. 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 updated its first quarter 2024 earnings guidance on Thursday, February, 22nd. The company provided earnings per share 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 .

NYSE:RMAX

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

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$7.14

+0.09 (+1.28%)

(As of 04/18/2024 ET)

Compare

Today's Range: $6.95
▼
$7.34
50-Day Range: $7.05
▼
$10.17
52-Week Range: $6.95
▼
$20.48

Volume: 242,983 shs
Average Volume: 293,525 shs
Market Capitalization: $130.52 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $14.00

Get RE/MAX alerts:

RE/MAX MarketRank™ Stock Analysis

Analyst Rating: Reduce
1.67 Rating Score
Upside/Downside: 96.1% Upside
$14.00 Price Target
Short Interest: Bearish
8.88% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.21
Based on 2 Articles This Week
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.

1.83 out of 5 stars

Finance Sector

664th out of 822 stocks

Real Estate Agents & Managers Industry

10th out of 15 stocks

2.8

Analyst's Opinion

Consensus Rating
RE/MAX has received a consensus rating of Reduce. The company's average rating score is 1.67, and is based on no buy ratings, 4 hold ratings, and 2 sell ratings.
Amount of Analyst Coverage
RE/MAX has only been the subject of 3 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
8.88% of the float of RE/MAX has been sold short.
Short Interest Ratio / Days to Cover
RE/MAX has a short interest ratio ("days to cover") of 4.8.
Change versus previous month
Short interest in RE/MAX has recently increased by 15.70%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
RE/MAX does not currently pay a dividend.
Dividend Growth
RE/MAX does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for RMAX.

2.3

News and Social Media Coverage

News Sentiment
RE/MAX has a news sentiment score of 0.21. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.57 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for RE/MAX this week, compared to 7 articles on an average week.
Search Interest
4 people have searched for RMAX on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.
MarketBeat Follows
18 people have added RE/MAX to their MarketBeat watchlist in the last 30 days. This is an increase of 350% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, RE/MAX insiders have bought 977.32% more of their company's stock than they have sold. Specifically, they have bought $412,560.00 in company stock and sold $38,295.00 in company stock.
Percentage Held by Insiders
Only 4.61% of the stock of RE/MAX is held by insiders.
Percentage Held by Institutions
93.17% of the stock of RE/MAX is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Earnings Growth
Earnings for RE/MAX are expected to grow by 7.69% in the coming year, from $0.78 to $0.84 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of RE/MAX is -1.87, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of RE/MAX is -1.87, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

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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

30 days | 90 days | 365 days | Advanced Chart

RMAX Stock News Headlines

March 21, 2024 | insidertrades.com

Insider Buying: RE/MAX Holdings, Inc. (NYSE:RMAX) Major Shareholder Buys 54,000 Shares of Stock

April 12, 2024 | americanbankingnews.com

RE/MAX (NYSE:RMAX) PT Lowered to $7.00

April 18, 2024 | Paradigm Press (Ad)

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April 11, 2024 | markets.businessinsider.com

Re/Max Holdings Sell Rating: Commission Pressures and Financial Headwinds Ahead

April 10, 2024 | msn.com

Economic wealth may be linked with happiness in China, if inequality is low

April 10, 2024 | finance.yahoo.com

Why RE/MAX (RMAX) Stock Is Trading Lower Today

April 9, 2024 | prnewswire.com

RE/MAX HOLDINGS, INC. TO RELEASE FIRST QUARTER 2024 RESULTS ON MAY 2, 2024

April 4, 2024 | prnewswire.com

'Unstoppable' RE/MAX Agents Outperform Competitors 2:1 for 16th Consecutive Year

April 18, 2024 | Paradigm Press (Ad)

Forget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THIS

April 2, 2024 | stockhouse.com

Double-digit gains in luxury home-buying activity set stage for robust spring housing market in major Canadian centres, says RE/MAX Canada

March 28, 2024 | prnewswire.com

Annual RE/MAX R4 Convention Sets the Stage for Continued Innovation and Growth

March 27, 2024 | msn.com

Real Estate Commissions Shake-Up 2024: What Do the New Rules Mean for Buyers? Seller?

March 25, 2024 | msn.com

Real estate giant Compass to pay $57.5M to settle clams it overcharged US home sellers

March 25, 2024 | bizjournals.com

Another real estate giant settles commissions litigation, but new filing seeks $4.7B from Warren Buffett firm

March 23, 2024 | msn.com

Compass Real Estate Settlement Implications and Impact on the Industry

March 22, 2024 | msn.com

Real-Estate Broker Compass Agrees to Pay $57.5 Million to Settle Antitrust Claims

March 22, 2024 | msn.com

Real Estate Broker Compass Agrees to Pay $57.5 Million to Settle Antitrust Claims

March 21, 2024 | prnewswire.com

RE/MAX Named a Top Franchisor for 40 Years Straight, Solidifies Hall of Fame Status

March 20, 2024 | msn.com

Real estate commissions could be changing: what to know

March 19, 2024 | finanznachrichten.de

RE/MAX, LLC: Re/max National Housing Report For February 2024

March 19, 2024 | reuters.com

Home sellers say HomeServices owes $4.7 bln in real estate commissions case

March 19, 2024 | msn.com

A game-changing real estate settlement in Detroit and beyond

March 19, 2024 | msn.com

How A Refugee Shed His Scarcity Mindset And Built A Real Estate Empire

March 19, 2024 | prnewswire.com

RE/MAX NATIONAL HOUSING REPORT FOR FEBRUARY 2024

March 18, 2024 | bizjournals.com

How $418 million settlement will affect Orlando real estate

March 17, 2024 | marketwatch.com

Real-Estate-Adjacent Companies' Shares Decline on NAR Settlement

March 16, 2024 | msn.com

Attorney argues national real estate settlement should impact similar lawsuit in Upstate

See More Headlines

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Company Calendar

Last Earnings: 2/22/2024
Today: 4/18/2024
Next Earnings (Confirmed): 5/02/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Finance
Industry: Real estate agents & managers
Sub-Industry: N/A
Current Symbol: NYSE:RMAX
CUSIP: N/A
CIK: 1581091
Web: www.remax.com
Phone: (303) 770-5531
Fax: 303-796-3599
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: +94.7%
Consensus Rating: Reduce
Rating Score (0-4): 1.67
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($3.81)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 9.22
P/E Growth: N/A
Net Income: $-69,020,000.00
Net Margins: -21.19%
Pretax Margin: -12.76%
Return on Equity: -116.18%
Return on Assets: 4.29%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.36
Quick Ratio: 1.36

Sales & Book Value

Annual Sales: $325.67 million
Price / Sales: 0.40
Cash Flow: $4.28 per share
Price / Cash Flow: 1.68
Book Value: ($4.16) per share
Price / Book: -1.73

Miscellaneous

Outstanding Shares: 18,280,000
Free Float: 17,433,000
Market Cap: $131.43 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

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

RMAX Stock Analysis - Frequently Asked Questions

Should I buy or sell RE/MAX stock right now?: 6 Wall Street equities research 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 equities research 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 12-month price targets for RE/MAX's stock. Their RMAX share price targets range from $7.00 to $21.00. On average, they expect the company's stock price to reach $14.00 in the next year. This suggests a possible upside of 96.1% 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 at the beginning of the year. Since then, RMAX stock has decreased by 46.4% and is now trading at $7.14.
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 trading volume of 277,300 shares, the days-to-cover ratio is currently 4.4 days. Currently, 7.7% of the shares of the stock are sold short.
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) announced its quarterly earnings data on Thursday, February, 22nd. The financial services provider reported $0.16 EPS for the quarter, beating the consensus estimate of $0.15 by $0.01. The financial services provider had revenue of $76.60 million for the quarter, compared to analyst estimates of $77.19 million. RE/MAX had a negative net margin of 21.19% and a negative trailing twelve-month return on equity of 116.18%.
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. Shareholders of record on Tuesday, August 15th will be given a dividend of $0.23 per share on Tuesday, August 29th. This represents a $0.92 annualized dividend and a yield of 12.89%. 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 updated its first quarter 2024 earnings guidance on Thursday, February, 22nd. The company provided earnings per share 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 4/18/2024 by MarketBeat.com Staff

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