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Shocking Transcript: Financial Chaos Now Brace yourself for what's coming next (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
Shocking Transcript: Financial Chaos Now Brace yourself for what's coming next (Ad)
Expanded IRS free-file system one step closer in Dems' bill
Climate bill: Could coal communities shift to nuclear?
High oil prices help Saudi Aramco earn $88B in first half
Shocking Transcript: Financial Chaos Now Brace yourself for what's coming next (Ad)
Former Deutsche Bank Co-CEO Anshu Jain dies
Germans urged to cap heat in offices this winter to save gas
'Everyone's Got a Story of How the Healthcare System Has Fallen Short.' This Founder Is on a Mission to Change That.
Shocking Transcript: Financial Chaos Now Brace yourself for what's coming next (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
Shocking Transcript: Financial Chaos Now Brace yourself for what's coming next (Ad)
Expanded IRS free-file system one step closer in Dems' bill
Climate bill: Could coal communities shift to nuclear?
High oil prices help Saudi Aramco earn $88B in first half
Shocking Transcript: Financial Chaos Now Brace yourself for what's coming next (Ad)
Former Deutsche Bank Co-CEO Anshu Jain dies
Germans urged to cap heat in offices this winter to save gas
'Everyone's Got a Story of How the Healthcare System Has Fallen Short.' This Founder Is on a Mission to Change That.
Shocking Transcript: Financial Chaos Now Brace yourself for what's coming next (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
Shocking Transcript: Financial Chaos Now Brace yourself for what's coming next (Ad)
Expanded IRS free-file system one step closer in Dems' bill
Climate bill: Could coal communities shift to nuclear?
High oil prices help Saudi Aramco earn $88B in first half
Shocking Transcript: Financial Chaos Now Brace yourself for what's coming next (Ad)
Former Deutsche Bank Co-CEO Anshu Jain dies
Germans urged to cap heat in offices this winter to save gas
'Everyone's Got a Story of How the Healthcare System Has Fallen Short.' This Founder Is on a Mission to Change That.
Shocking Transcript: Financial Chaos Now Brace yourself for what's coming next (Ad)
NYSE:RMAX

RE/MAX - RMAX Stock Forecast, Price & News

$28.09
+0.71 (+2.59%)
(As of 08/12/2022 12:00 AM ET)
Add
Compare
Today's Range
$27.36
$28.25
50-Day Range
$22.05
$28.09
52-Week Range
$21.48
$35.34
Volume
173,686 shs
Average Volume
123,233 shs
Market Capitalization
$541.29 million
P/E Ratio
N/A
Dividend Yield
3.28%
Price Target
$33.83

RE/MAX MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
20.4% Upside
$33.83 Price Target
Short Interest
Bearish
4.35% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.05mentions of RE/MAX in the last 14 days
Based on 5 Articles This Week
Insider Trading
Acquiring Shares
$2.89 M Bought Last Quarter
Proj. Earnings Growth
3.23%
From $1.86 to $1.92 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.95 out of 5 stars

Finance Sector

736th out of 926 stocks

Real Estate Agents & Managers Industry

9th out of 16 stocks

RMAX stock logo

About RE/MAX (NYSE:RMAX) Stock

RE/MAX Holdings, Inc. operates as a franchisor of real estate and mortgage brokerage services in the United States, Canada, and internationally. The company operates through three segments: Real Estate, Mortgage, and Marketing Funds. It 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. In addition, the company provides First mobile app, which integrates a suite of digital products that enables agents, brokers, and teams to establish and manage client relationships; RE/MAX University platform, a learning hub designed to help each agent in their professional expertise; and Booj platform. The company was founded in 1973 and is headquartered in Denver, Colorado.

RE/MAX Trading Up 2.6 %

Shares of RMAX Stock traded up $0.71 during trading on Friday, hitting $28.09. 173,686 shares of the stock traded hands, compared to its average volume of 123,233. The firm has a market capitalization of $541.29 million, a P/E ratio of -35.11 and a beta of 1.27. The company has a debt-to-equity ratio of 7.01, a current ratio of 2.17 and a quick ratio of 2.17. The firm's fifty day moving average price is $24.67 and its 200-day moving average price is $26.15. RE/MAX has a 52-week low of $21.48 and a 52-week high of $35.34.

RE/MAX (NYSE:RMAX - Get Rating) last posted its earnings results on Thursday, August 4th. The financial services provider reported $0.68 earnings per share for the quarter, beating the consensus estimate of $0.64 by $0.04. RE/MAX had a negative net margin of 4.06% and a positive return on equity of 88.21%. The firm had revenue of $92.17 million during the quarter, compared to the consensus estimate of $92.54 million. During the same quarter last year, the firm earned $0.51 EPS. The firm's revenue for the quarter was up 19.3% on a year-over-year basis. As a group, research analysts forecast that RE/MAX will post 1.86 earnings per share for the current fiscal year.

RE/MAX Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, August 30th. Investors of record on Tuesday, August 16th will be issued a $0.23 dividend. The ex-dividend date is Monday, August 15th. This represents a $0.92 annualized dividend and a yield of 3.28%. RE/MAX's dividend payout ratio (DPR) is presently -115.00%.

Insider Activity at RE/MAX

In related news, major shareholder Adam K. Peterson bought 12,000 shares of the company's stock in a transaction that occurred on Monday, July 18th. The stock was purchased at an average price of $24.37 per share, for a total transaction of $292,440.00. Following the acquisition, the insider now owns 2,120,805 shares of the company's stock, valued at $51,684,017.85. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other RE/MAX news, major shareholder Adam K. Peterson purchased 4,435 shares of the company's stock in a transaction on Thursday, June 23rd. The stock was acquired at an average price of $23.62 per share, for a total transaction of $104,754.70. Following the completion of the purchase, the insider now directly owns 2,012,927 shares in the company, valued at approximately $47,545,335.74. The purchase was disclosed in a filing with the SEC, which is available through this link. Also, major shareholder Adam K. Peterson purchased 12,000 shares of the company's stock in a transaction on Monday, July 18th. The stock was acquired at an average price of $24.37 per share, with a total value of $292,440.00. Following the purchase, the insider now owns 2,120,805 shares of the company's stock, valued at $51,684,017.85. The disclosure for this purchase can be found here. In the last quarter, insiders purchased 123,885 shares of company stock worth $2,887,325. Insiders own 3.37% of the company's stock.

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RMAX Stock News Headlines

Earnings Outlook For RE/MAX Hldgs
RE/MAX (RMAX) Tops Q2 Earnings Estimates
What Makes RE/MAX (RMAX) a New Strong Buy Stock
RMAX rises 4.43% as owner buys more shares.
See More Headlines
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RMAX Company Calendar

Ex-Dividend for 5/25 Dividend
5/10/2022
Dividend Payable
5/25/2022
Last Earnings
8/04/2022
Today
8/14/2022
Ex-Dividend for 8/30 Dividend
8/15/2022
Dividend Payable
8/30/2022
Next Earnings (Estimated)
11/28/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Real estate agents & managers
Sub-Industry
N/A
Sector
Finance
Employees
639
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$33.83
High Stock Price Forecast
$38.00
Low Stock Price Forecast
$28.50
Forecasted Upside/Downside
+20.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$-15,620,000.00
Pretax Margin
-4.93%

Debt

Sales & Book Value

Annual Sales
$329.70 million
Cash Flow
$4.58 per share
Book Value
$3.30 per share

Miscellaneous

Free Float
18,617,000
Market Cap
$541.29 million
Optionable
Optionable
Beta
1.27

Key Executives

  • Mr. David L. Liniger (Age 76)
    Co-Founder & Non-Exec. Chairman
  • Mr. Stephen P. Joyce (Age 62)
    CEO & Director
    Comp: $90k
  • Ms. Gail A. Liniger (Age 76)
    Co-Founder & Vice Chair of the Board
  • Ms. Karri R. Callahan (Age 44)
    Chief Financial Officer
    Comp: $746.26k
  • Ms. Serene M. Smith (Age 43)
    Chief of Staff & COO
    Comp: $699.82k
  • Mr. Nicholas R. Bailey (Age 47)
    Pres & CEO RE/MAX, LLC
    Comp: $741.46k
  • Mr. Ward M. Morrison (Age 53)
    Pres of Motto Franchising, LLC
    Comp: $669.17k
  • Mr. Adam Grosshans (Age 44)
    VP & Chief Accounting Officer
  • Mr. Andrew Schulz
    VP of Investor Relations
  • Mr. Adam Lindquist Scoville
    VP, Gen. Counsel & Sec.













RMAX Stock - Frequently Asked Questions

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

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for RE/MAX in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" RMAX shares.
View RMAX analyst ratings
or view top-rated stocks.

What is RE/MAX's stock price forecast for 2022?

2 Wall Street analysts have issued 12-month target prices for RE/MAX's stock. Their RMAX share price forecasts range from $28.50 to $38.00. On average, they predict the company's share price to reach $33.83 in the next year. This suggests a possible upside of 20.4% 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 2022?

RE/MAX's stock was trading at $30.49 at the beginning of 2022. Since then, RMAX stock has decreased by 7.9% and is now trading at $28.09.
View the best growth stocks for 2022 here
.

When is RE/MAX's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, November 28th 2022.
View our RMAX earnings forecast
.

How were RE/MAX's earnings last quarter?

RE/MAX Holdings, Inc. (NYSE:RMAX) issued its quarterly earnings data on Thursday, August, 4th. The financial services provider reported $0.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.64 by $0.04. The financial services provider had revenue of $92.17 million for the quarter, compared to analysts' expectations of $92.54 million. RE/MAX had a negative net margin of 4.06% and a positive trailing twelve-month return on equity of 88.21%. RE/MAX's revenue for the quarter was up 19.3% on a year-over-year basis. During the same period last year, the company earned $0.51 earnings per share.

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

RE/MAX declared a quarterly dividend on Wednesday, August 3rd. Stockholders of record on Tuesday, August 16th will be given a dividend of $0.23 per share on Tuesday, August 30th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 3.28%. The ex-dividend date is Monday, August 15th.
Read our dividend analysis for RMAX
.

Is RE/MAX a good dividend stock?

RE/MAX (NYSE:RMAX) pays an annual dividend of $0.92 per share and currently has a dividend yield of 3.36%.
Read our dividend analysis for RMAX.

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

RE/MAX updated its third quarter 2022 earnings guidance on Thursday, August, 11th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $87.00 million-$91.00 million, compared to the consensus revenue estimate of $94.42 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).

What is RE/MAX's stock symbol?

RE/MAX trades on the New York Stock Exchange (NYSE) under the ticker symbol "RMAX."

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 Magnolia Group LLC (10.84%), Renaissance Technologies LLC (5.66%), Confluence Investment Management LLC (3.09%), Northern Trust Corp (1.24%), Kennedy Capital Management Inc. (0.72%) and Assenagon Asset Management S.A. (0.68%). Insiders that own company stock include Adam K Peterson, Brett A Ritchie and Serene M Smith.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is RE/MAX's stock price today?

One share of RMAX stock can currently be purchased for approximately $28.09.

How much money does RE/MAX make?

RE/MAX (NYSE:RMAX) has a market capitalization of $541.29 million and generates $329.70 million in revenue each year. The financial services provider earns $-15,620,000.00 in net income (profit) each year or ($0.80) on an earnings per share basis.

How many employees does RE/MAX have?

The company employs 639 workers across the globe.

How can I contact RE/MAX?

RE/MAX's mailing address is 5075 SOUTH SYRACUSE STREET, DENVER CO, 80237. The official website for the company is www.remax.com. The financial services provider can be reached via phone at (303) 770-5531, via email at investorrelations@remax.com, or via fax at 303-796-3599.

This page (NYSE:RMAX) was last updated on 8/14/2022 by MarketBeat.com Staff

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