NYSE:RMAX

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

$7.71
+0.55 (+7.68%)
(As of 05/3/2024 ET)
Today's Range
$7.65
$8.87
50-Day Range
$7.02
$8.78
52-Week Range
$6.94
$20.48
Volume
628,341 shs
Average Volume
267,027 shs
Market Capitalization
$140.94 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
81.6% Upside
$14.00 Price Target
Short Interest
Healthy
8.19% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.53mentions of RE/MAX in the last 14 days
Based on 22 Articles This Week
Insider Trading
Acquiring Shares
$412,560 Bought Last Quarter
Proj. Earnings Growth
6.67%
From $0.75 to $0.80 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.

2.13 out of 5 stars

Finance Sector

643rd out of 874 stocks

Real Estate Agents & Managers Industry

8th 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

Gold Mania
Former Goldman VP Reveals Mysterious "Gold Bank" With Huge Upside Potential He says the gains in this should be far greater than just bullion or mining stocks. Some folks had the chance to see 995% the last time we shared this exact "bank". Most people know nothing about it (except the rich and elite).
Why Are RE/MAX (RMAX) Shares Soaring Today
Gold Mania
Former Goldman VP Reveals Mysterious "Gold Bank" With Huge Upside Potential He says the gains in this should be far greater than just bullion or mining stocks. Some folks had the chance to see 995% the last time we shared this exact "bank". Most people know nothing about it (except the rich and elite).
RE/MAX: Q1 Earnings Snapshot
Here's what to expect from RE-MAX A's earnings
Bear of the Day: RE/MAX Holdings, Inc. (RMAX)
RE/MAX (RMAX) Scheduled to Post Quarterly Earnings on Thursday
RE/MAX NATIONAL HOUSING REPORT FOR MARCH 2024
See More Headlines
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Company Calendar

Last Earnings
2/22/2024
Today
5/05/2024
Next Earnings (Estimated)
8/07/2024
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
+81.6%
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
$4.24 per share
Book Value
($4.16) per share

Miscellaneous

Free Float
17,181,000
Market Cap
$140.94 million
Optionable
Optionable
Beta
1.42
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Key Executives

  • Ms. Karri R. Callahan (Age 46)
    Chief Financial Officer
    Comp: $775.59k
  • Ms. Serene M. Smith (Age 44)
    Chief of Staff & COO
    Comp: $616.82k
  • Mr. Ward M. Morrison (Age 55)
    President & CEO of Motto Mortgage and wemlo
    Comp: $600.32k
  • Mr. David L. Liniger (Age 78)
    Co Founder & Non-Executive Chairman
  • Mr. W. Erik Carlson (Age 54)
    CEO & Director
  • Ms. Gail A. Liniger (Age 78)
    Co-Founder, Vice Chair Emerita & Director Emerita
  • 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. Susan L 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 equities research analysts have issued "buy," "hold," and "sell" ratings for RE/MAX in the last twelve months. 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 target prices 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 twelve months. This suggests a possible upside of 81.6% 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 at the beginning of 2024. Since then, RMAX stock has decreased by 42.2% and is now trading at $7.71.
View the best growth stocks for 2024 here
.

When is RE/MAX's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 7th 2024.
View our RMAX earnings forecast
.

How were RE/MAX's earnings last quarter?

RE/MAX Holdings, Inc. (NYSE:RMAX) released its quarterly 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 had revenue of $76.60 million for the quarter, compared to analyst estimates of $77.19 million. RE/MAX had a negative trailing twelve-month return on equity of 62.93% and a negative net margin of 22.51%.

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

RE/MAX announced 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 dividend on an annualized basis and a dividend yield of 11.93%. The ex-dividend date of this dividend 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 second quarter 2024 earnings guidance on Friday, May, 3rd. The company provided 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 $78.8 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).

Who are RE/MAX's major shareholders?

RE/MAX's stock is owned by a variety of institutional and retail investors. Top institutional investors include BNP Paribas Financial Markets (0.20%) and Patron Partners LLC (0.06%). Insiders that own company stock include Abigail C Lee, Adam K Peterson, Adam W Grosshans, Kathleen J Cunningham and Ronald E Harrison.
View institutional ownership trends
.

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 5/5/2024 by MarketBeat.com Staff

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