NYSE:RMAX - Re/Max Stock Price, Forecast & News

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

Re/Max declared a quarterly dividend on Wednesday, October 30th. Shareholders of record on Wednesday, November 13th will be given a dividend of $0.21 per share on Wednesday, November 27th. This represents a $0.84 dividend on an annualized basis and a yield of 2.18%. The ex-dividend date is Tuesday, November 12th. View Re/Max's Dividend History.

Re/Max Holdings Inc (NYSE:RMAX) posted its quarterly earnings results on Thursday, October, 31st. The financial services provider reported $0.61 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.57 by $0.04. The financial services provider had revenue of $71.54 million for the quarter, compared to analyst estimates of $71.36 million. Re/Max had a return on equity of 60.78% and a net margin of 10.73%. Re/Max's quarterly revenue was up 30.4% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.65 EPS. View Re/Max's Earnings History.

Re/Max is scheduled to release their next quarterly earnings announcement on Thursday, February 20th 2020. View Earnings Estimates for Re/Max.

6 analysts have issued 12-month target prices for Re/Max's shares. Their forecasts range from $31.00 to $56.00. On average, they expect Re/Max's stock price to reach $39.67 in the next year. This suggests a possible upside of 3.2% from the stock's current price. View Analyst Price Targets for Re/Max.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Re/Max in the last year. There are currently 1 sell rating, 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Re/Max.

Media stories about RMAX stock have been trending somewhat negative this week, InfoTrie Sentiment Analysis reports. InfoTrie rates the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Re/Max earned a news impact score of -1.4 on InfoTrie's scale. They also gave media coverage about the financial services provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the next several days. View News Stories for Re/Max.

Re/Max saw a decrease in short interest in November. As of November 15th, there was short interest totalling 1,190,000 shares, a decrease of 5.6% from the October 31st total of 1,260,000 shares. Based on an average daily volume of 173,100 shares, the days-to-cover ratio is currently 6.9 days. Approximately 6.9% of the company's stock are sold short. View Re/Max's Current Options Chain.

Some companies that are related to Re/Max include Newmark Group (NMRK), Redfin (RDFN), Marcus & Millichap (MMI), Realogy (RLGY), Bluegreen Vacations (BXG), eXp World (EXPI), MDJM (MDJH) and Novation Companies (NOVC).

Based on aggregate information from My MarketBeat watchlists, some companies that other Re/Max investors own include eXp World (EXPI), Weyerhaeuser (WY), Cisco Systems (CSCO), Starbucks (SBUX), Zillow Group (Z), D. R. Horton (DHI), JPMorgan Chase & Co. (JPM), Ambarella (AMBA), NVIDIA (NVDA) and Splunk (SPLK).

Re/Max's stock is owned by many different of retail and institutional investors. Top institutional shareholders include State Street Corp (2.84%), Confluence Investment Management LLC (2.81%), Millennium Management LLC (2.20%), First Quadrant L P CA (0.52%), Russell Investments Group Ltd. (0.37%) and Rhumbline Advisers (0.33%). Company insiders that own Re/Max stock include Adam M Contos, Daniel J Predovich, David L Liniger and Gail A Liniger. View Institutional Ownership Trends for Re/Max.

RMAX stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Millennium Management LLC, Stifel Financial Corp, Envestnet Asset Management Inc., Municipal Employees Retirement System of Michigan, Barclays PLC, State Street Corp and Comerica Bank. View Insider Buying and Selling for Re/Max.

RMAX stock was acquired by a variety of institutional investors in the last quarter, including Confluence Investment Management LLC, First Quadrant L P CA, Bowling Portfolio Management LLC, Squarepoint Ops LLC, State of Alaska Department of Revenue, California Public Employees Retirement System, Public Employees Retirement System of Ohio and Voya Investment Management LLC. Company insiders that have bought Re/Max stock in the last two years include David L Liniger and Gail A Liniger. View Insider Buying and Selling for Re/Max.

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

One share of RMAX stock can currently be purchased for approximately $38.45.

Re/Max has a market capitalization of $685.76 million and generates $212.63 million in revenue each year. The financial services provider earns $27.04 million in net income (profit) each year or $2.02 on an earnings per share basis. Re/Max employs 500 workers across the globe.View Additional Information About Re/Max.

The official website for Re/Max is http://www.remax.com/.

Re/Max's mailing address is 5075 SOUTH SYRACUSE STREET, DENVER CO, 80237. The financial services provider can be reached via phone at 303-770-5531 or via email at [email protected]