NYSE:RMAXRe/Max Stock Price, Forecast & News

Re/Max's stock was trading at $24.88 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, RMAX stock has increased by 25.2% and is now trading at $31.15. View which stocks have been most impacted by Coronavirus.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Re/Max in the last year. There are currently 1 hold rating and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Re/Max.

Re/Max is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for Re/Max.

Re/Max Holdings Inc (NYSE:RMAX) issued its quarterly earnings results on Wednesday, May, 6th. The financial services provider reported $0.39 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.28 by $0.11. The financial services provider earned $70.30 million during the quarter, compared to the consensus estimate of $70.26 million. Re/Max had a net margin of 8.27% and a return on equity of 49.97%. The firm's revenue was down 1.3% compared to the same quarter last year. During the same period in the previous year, the business earned $0.48 EPS. View Re/Max's earnings history.

Re/Max announced a quarterly dividend on Tuesday, May 5th. Investors of record on Tuesday, May 19th will be given a dividend of $0.22 per share on Tuesday, June 2nd. This represents a $0.88 annualized dividend and a yield of 2.83%. The ex-dividend date is Monday, May 18th. View Re/Max's dividend history.

6 analysts have issued 1-year price objectives for Re/Max's stock. Their forecasts range from $32.00 to $40.00. On average, they expect Re/Max's share price to reach $36.40 in the next twelve months. This suggests a possible upside of 16.9% from the stock's current price. View analysts' price targets for Re/Max.

Press coverage about RMAX stock has been trending negative on Monday, InfoTrie Sentiment reports. InfoTrie identifies positive and negative media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Re/Max earned a news impact score of -2.1 on InfoTrie's scale. They also assigned news articles about the financial services provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news about Re/Max.

Re/Max saw a decline in short interest in June. As of June 15th, there was short interest totaling 643,300 shares, a decline of 7.9% from the May 31st total of 698,600 shares. Based on an average daily volume of 176,200 shares, the short-interest ratio is presently 3.7 days. Approximately 3.7% of the shares of the company are sold short. View Re/Max's Current Options Chain.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Re/Max investors own include Cisco Systems (CSCO), Walt Disney (DIS), Starbucks (SBUX), Weyerhaeuser (WY), eXp World (EXPI), JPMorgan Chase & Co. (JPM), NVIDIA (NVDA), Trade Desk (TTD), Zillow Group (Z) and AbbVie (ABBV).

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

Re/Max's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Confluence Investment Management LLC (2.83%). Company insiders that own Re/Max stock include Daniel J Predovich, David L Liniger, Gail A Liniger and Serene M Smith. View institutional ownership trends for Re/Max.

RMAX stock was sold by a variety of institutional investors in the last quarter, including Confluence Investment Management LLC. View insider buying and selling activity 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 $31.15.

Re/Max has a market capitalization of $557.90 million and generates $282.29 million in revenue each year. The financial services provider earns $25.04 million in net income (profit) each year or $1.93 on an earnings per share basis. Re/Max employs 500 workers across the globe.

The official website for Re/Max is 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]