NYSE:RMAX RE/MAX (RMAX) Stock Forecast, Price & News $19.11 -0.30 (-1.55%) (As of 04:33 PM ET) Add Compare Share Share Today's Range$19.03▼$19.3350-Day Range$17.92▼$19.6352-Week Range$16.78▼$28.25Volume55,726 shsAverage Volume118,274 shsMarket Capitalization$346.27 millionP/E Ratio147.00Dividend Yield4.81%Price Target$24.50 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media RE/MAX MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside28.0% Upside$24.50 Price TargetShort InterestHealthy2.91% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.61Based on 5 Articles This WeekInsider TradingAcquiring Shares$2.76 M Bought Last QuarterProj. Earnings Growth19.15%From $0.94 to $1.12 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.72 out of 5 starsFinance Sector217th out of 862 stocksReal Estate Agents & Managers Industry2nd out of 14 stocks 3.3 Analyst's Opinion Consensus RatingRE/MAX has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $24.50, RE/MAX has a forecasted upside of 28.0% from its current price of $19.14.Amount of Analyst CoverageRE/MAX has received no research coverage in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted2.91% of the float of RE/MAX has been sold short.Short Interest Ratio / Days to CoverRE/MAX has a short interest ratio ("days to cover") of 4.Change versus previous monthShort interest in RE/MAX has recently decreased by 5.36%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipRE/MAX is a leading dividend payer. It pays a dividend yield of 4.69%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthRE/MAX does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of RE/MAX is 707.69%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, RE/MAX will have a dividend payout ratio of 82.14% in the coming year. This indicates that RE/MAX may not be able to sustain their current dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for RMAX. Previous Next 2.0 News and Social Media Coverage News SentimentRE/MAX has a news sentiment score of 0.61. 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 news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 5 news articles for RE/MAX this week, compared to 3 articles on an average week.MarketBeat FollowsOnly 1 people have added RE/MAX to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, RE/MAX insiders have bought 6,771.93% more of their company's stock than they have sold. Specifically, they have bought $2,756,813.00 in company stock and sold $40,117.00 in company stock.Percentage Held by InsidersOnly 4.61% of the stock of RE/MAX is held by insiders.Percentage Held by Institutions93.34% of the stock of RE/MAX is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for RE/MAX are expected to grow by 19.15% in the coming year, from $0.94 to $1.12 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of RE/MAX is 147.23, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 136.67.Price to Earnings Ratio vs. SectorThe P/E ratio of RE/MAX is 147.23, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 144.69.Price to Book Value per Share RatioRE/MAX has a P/B Ratio of 10.81. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About RE/MAX (NYSE:RMAX) StockRE/MAX Holdings, Inc. engages in the provision of real estate franchise services through its subsidiaries. It operates through the following segments: Real Estate, Mortgage, Marketing Funds, and Other. The Real Estate segment is comprised of the Company's owned and independent global franchising operations under the RE/MAX brand name and technology and data subscription for Gadberry and the First app. The Mortgage segment is comprised of the firm's mortgage brokerage franchising operations under the Motto Mortgage brand name and mortgage loan processing services and licensed software under the wemlo brand. The Marketing Funds segment is involved in the operations of the marketing campaigns designed to build and maintain brand awareness and the development and operation of agent marketing technology. The Other segment focuses on the legacy operations of the booj Platform. The company was founded by David L. Liniger and Gail A. Liniger in 1973 and is headquartered in Denver, CO.Read More Receive RMAX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for RE/MAX and its competitors with MarketBeat's FREE daily newsletter. Email Address RMAX Stock News HeadlinesJune 8, 2023 | bizjournals.comRE/MAX Properties East hires new director of business developmentJune 7, 2023 | finance.yahoo.comWhy Fast-paced Mover RE/MAX (RMAX) Is a Great Choice for Value InvestorsJune 9, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.June 5, 2023 | finance.yahoo.comRE/MAX Grows Presence in South Pacific, Sells Master Franchise Rights in Republic of FijiJune 2, 2023 | finance.yahoo.comRE/MAX Sets Sharp Focus on Recruiting and Retention, Announces New VP Roles for Two Growth-Minded LeadersJune 1, 2023 | msn.comIs REMAX (RMAX) Stock Undervalued Right Now?May 31, 2023 | finance.yahoo.comRE/MAX CO-FOUNDER GAIL LINIGER RETIRES FROM RE/MAX HOLDINGS BOARD OF DIRECTORS, NAMED VICE CHAIR EMERITAMay 31, 2023 | finance.yahoo.comNORMAN JENKINS ELECTED TO RE/MAX HOLDINGS, INC. BOARD OF DIRECTORSJune 9, 2023 | MarketBeat Internal (Ad)Get MarketBeat All Access Free for 30 DaysMarketBeat All Access is the premier all-in-one stock research solution that helps you identify the best stocks, monitor your portfolio, and keep track of the market. You get our top stock picks, best-in-class research tools, real-time alerts, proprietary research reports and much more. Try it free for 30 days.May 19, 2023 | msn.comRe/Max signs nearly 17% more franchise sales Y/Y in Q1May 18, 2023 | wsj.comRE/MAX Holdings Inc. Cl AMay 17, 2023 | msn.comJonesTrading Reiterates RE (RMAX) Buy RecommendationMay 17, 2023 | msn.comRE/MAX Hldgs Earnings Perspective: Return On Capital EmployedMay 17, 2023 | markets.businessinsider.comAnalyst Ratings for RE/MAX HldgsMay 15, 2023 | finance.yahoo.comRE/MAX Canada parts ways with Little Oak RealtyMay 15, 2023 | bizjournals.comRe/Max founder buys Daddy's Chicken Shack after Houston expansionMay 15, 2023 | finance.yahoo.comWhen Should You Buy RE/MAX Holdings, Inc. (NYSE:RMAX)?May 15, 2023 | americanbankingnews.comRE/MAX Holdings, Inc. (NYSE:RMAX) Declares Quarterly Dividend of $0.23May 11, 2023 | msn.comRE/MAX Hldgs: Dividend InsightsMay 2, 2023 | americanbankingnews.comRE/MAX (RMAX) Scheduled to Post Quarterly Earnings on ThursdayApril 21, 2023 | americanbankingnews.comRE/MAX Holdings, Inc. (NYSE:RMAX) Major Shareholder Adam K. Peterson Buys 29,067 Shares of StockApril 11, 2023 | finance.yahoo.comRE/MAX Holdings, Inc. (NYSE:RMAX) Shares Could Be 29% Below Their Intrinsic Value EstimateApril 10, 2023 | finance.yahoo.comRE/MAX HOLDINGS, INC. TO RELEASE FIRST QUARTER 2023 RESULTS ON MAY 4, 2023April 6, 2023 | marketwatch.comAmid Shifting Housing Conditions, RE/MAX Agents Continue to Outsell Competition for 13th Straight YearMarch 29, 2023 | americanbankingnews.comAdam K. Peterson Acquires 63,755 Shares of RE/MAX Holdings, Inc. (NYSE:RMAX) StockMarch 22, 2023 | americanbankingnews.comRE/MAX Holdings, Inc. (NYSE:RMAX) Major Shareholder Adam K. Peterson Buys 15,000 Shares of StockMarch 2, 2023 | finance.yahoo.comWe Wouldn't Be Too Quick To Buy RE/MAX Holdings, Inc. (NYSE:RMAX) Before It Goes Ex-DividendSee More Headlines RMAX Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart RMAX Company Calendar Ex-Dividend for 3/22 Dividend3/07/2023Dividend Payable3/22/2023Last Earnings5/05/2023Ex-Dividend for 5/31 Dividend5/16/2023Dividend Payable5/31/2023Today6/09/2023Next Earnings (Estimated)8/03/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Real estate agents & managers Sub-IndustryN/A SectorFinance Current SymbolNYSE:RMAX CUSIPN/A CIK1581091 Webwww.remax.com Phone(303) 770-5531Fax303-796-3599Employees639Year FoundedN/APrice Target and Rating Average Stock Price Forecast$24.50 High Stock Price Forecast$28.00 Low Stock Price Forecast$21.00 Forecasted Upside/Downside+28.3%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$0.13 Trailing P/E Ratio146.92 Forward P/E Ratio20.32 P/E GrowthN/ANet Income$6.11 million Net Margins0.78% Pretax Margin3.94% Return on Equity103.70% Return on Assets6.02% Debt Debt-to-Equity Ratio19.30 Current Ratio2.14 Quick Ratio2.14 Sales & Book Value Annual Sales$353.39 million Price / Sales0.98 Cash Flow$4.82 per share Price / Cash Flow3.96 Book Value$1.77 per share Price / Book10.79Miscellaneous Outstanding Shares18,120,000Free Float17,288,000Market Cap$346.09 million OptionableOptionable Beta1.48 Key ExecutivesStephen P. JoyceChief Executive Officer & DirectorNicholas R. BaileyPresidentSerene M. SmithChief Operating Officer & Chief of StaffKarri R. CallahanChief Financial OfficerJamie BarciaVice President-IT, Infrastructure & OperationsKey CompetitorsOfferpad SolutionsNYSE:OPADDouglas EllimanNYSE:DOUGAnywhere Real EstateNYSE:HOUSNewmark GroupNASDAQ:NMRKRedfinNASDAQ:RDFNView All CompetitorsInsiders & InstitutionsBrandywine Global Investment Management LLCBought 23,744 shares on 5/25/2023Ownership: 0.268%Ameriprise Financial Inc.Bought 23,769 shares on 5/22/2023Ownership: 0.875%Putnam Investments LLCBought 1,216 shares on 5/22/2023Ownership: 0.112%JPMorgan Chase & Co.Bought 12,220 shares on 5/18/2023Ownership: 0.158%New York State Common Retirement FundSold 4,500 shares on 5/18/2023Ownership: 0.047%View All Insider TransactionsView All Institutional Transactions RMAX Stock - Frequently Asked Questions Should I buy or sell RE/MAX stock right now? 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for RE/MAX in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities 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 2023? 2 Wall Street research analysts have issued 12-month price targets for RE/MAX's stock. Their RMAX share price forecasts range from $21.00 to $28.00. On average, they expect the company's share price to reach $24.50 in the next twelve months. This suggests a possible upside of 28.3% 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 2023? RE/MAX's stock was trading at $18.64 on January 1st, 2023. Since then, RMAX shares have increased by 2.5% and is now trading at $19.10. View the best growth stocks for 2023 here. When is RE/MAX's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023. 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 Friday, May, 5th. The financial services provider reported $0.26 EPS for the quarter, hitting the consensus estimate of $0.26. The financial services provider earned $85.40 million during the quarter, compared to the consensus estimate of $83.91 million. RE/MAX had a trailing twelve-month return on equity of 103.70% and a net margin of 0.78%. The business's quarterly revenue was down 6.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.37 EPS. How often does RE/MAX pay dividends? What is the dividend yield for RE/MAX? RE/MAX announced a quarterly dividend on Wednesday, May 3rd. Stockholders of record on Wednesday, May 17th will be given a dividend of $0.23 per share on Wednesday, May 31st. This represents a $0.92 annualized dividend and a dividend yield of 4.82%. The ex-dividend date of this dividend is Tuesday, May 16th. Read our dividend analysis for RMAX. What ETFs hold RE/MAX's stock? ETFs with the largest weight of RE/MAX (NYSE:RMAX) stock in their portfolio include Northern Lights Fund Trust IV - Inverse Cramer Tracker ETF (SJIM), Hoya Capital Housing ETF (HOMZ), Invesco S&P SmallCap 600 Pure Value ETF (RZV), Invesco S&P SmallCap Financials ETF (PSCF), Fidelity MSCI Real Estate Index ETF (FREL).Vanguard Real Estate ETF (VNQ) and 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 4.69%. RMAX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 707.69%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, RMAX will have a dividend payout ratio of 82.14% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for RMAX. What guidance has RE/MAX issued on next quarter's earnings? RE/MAX issued an update on its second quarter 2023 earnings guidance on Thursday, May, 4th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $79.00 million-$84.00 million, compared to the consensus revenue estimate of $83.46 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 number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (17.28%), Magnolia Group LLC (14.34%), Dimensional Fund Advisors LP (7.90%), Renaissance Technologies LLC (4.95%), State Street Corp (3.86%) and Confluence Investment Management LLC (3.56%). Insiders that own company stock include Adam K Peterson, Adam W Grosshans, Brett A Ritchie 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 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 $19.10. How much money does RE/MAX make? RE/MAX (NYSE:RMAX) has a market capitalization of $346.09 million and generates $353.39 million in revenue each year. The financial services provider earns $6.11 million in net income (profit) each year or $0.13 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 6/9/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding RE/MAX Holdings, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.