RE/MAX - RMAX Stock Forecast, Price & News

2 Wall Street equities 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 equities research analysts is that investors should "buy" RMAX shares.
View RMAX analyst ratings or view top-rated stocks.

2 Wall Street research analysts have issued twelve-month target prices for RE/MAX's stock. Their RMAX share price forecasts range from $28.00 to $35.00. On average, they expect the company's share price to reach $30.50 in the next twelve months. This suggests a possible upside of 65.2% from the stock's current price.
View analysts price targets for RMAX or view top-rated stocks among Wall Street analysts.

RE/MAX's stock was trading at $30.49 at the start of the year. Since then, RMAX stock has decreased by 39.5% and is now trading at $18.46.
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The company is scheduled to release its next quarterly earnings announcement on Monday, November 28th 2022.
View our RMAX earnings forecast.

RE/MAX Holdings, Inc. (NYSE:RMAX) released its quarterly earnings results on Thursday, August, 4th. The financial services provider reported $0.58 EPS for the quarter, beating analysts' consensus estimates of $0.49 by $0.09. The financial services provider earned $92.17 million during 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 was up 19.3% on a year-over-year basis. During the same period in the previous year, the company earned $0.51 EPS.

RE/MAX announced a quarterly dividend on Wednesday, August 3rd. Investors 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 4.98%. The ex-dividend date of this dividend is Monday, August 15th.
Read our dividend analysis for RMAX.

RE/MAX (NYSE:RMAX) pays an annual dividend of $0.92 per share and currently has a dividend yield of 4.87%. RMAX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for RMAX.

RE/MAX issued an update on its third quarter 2022 earnings guidance on Thursday, September, 1st. 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.

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.

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).

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 institutional and retail investors. Top institutional shareholders include Confluence Investment Management LLC (3.10%). Insiders that own company stock include Adam K Peterson, Brett A Ritchie and Serene M Smith.
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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.
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One share of RMAX stock can currently be purchased for approximately $18.46.

RE/MAX (NYSE:RMAX) has a market capitalization of $355.65 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.

The company employs 639 workers across the globe.

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.