RE/MAX - RMAX Stock Forecast, Price & News

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for RE/MAX in the last twelve months. There are currently 1 hold rating and 2 buy ratings 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.

3 brokers have issued 12-month price targets for RE/MAX's stock. Their RMAX share price forecasts range from $26.00 to $35.00. On average, they expect the company's share price to reach $29.38 in the next year. This suggests a possible upside of 31.6% 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 $18.64 at the beginning of 2023. Since then, RMAX stock has increased by 19.7% and is now trading at $22.32.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, February 16th 2023.
View our RMAX earnings forecast.

RE/MAX will be holding an earnings conference call on Friday, February 17th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

RE/MAX Holdings, Inc. (NYSE:RMAX) issued its earnings results on Thursday, November, 3rd. The financial services provider reported $0.37 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.42 by $0.05. The financial services provider earned $88.94 million during the quarter, compared to analysts' expectations of $89.99 million. RE/MAX had a trailing twelve-month return on equity of 89.01% and a net margin of 2.91%.

RE/MAX declared a quarterly dividend on Wednesday, November 2nd. Shareholders of record on Wednesday, November 16th will be paid a dividend of $0.23 per share on Wednesday, November 30th. This represents a $0.92 annualized dividend and a dividend yield of 4.12%. The ex-dividend date is Tuesday, November 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 4.26%. RMAX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 167.28%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, RMAX will have a dividend payout ratio of 68.66% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for RMAX.

RE/MAX updated its fourth quarter 2022 earnings guidance on Thursday, November, 10th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $80.00 million-$85.00 million, compared to the consensus revenue estimate of $86.33 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 retail and institutional investors. Top institutional shareholders include Magnolia Group LLC (13.00%), Confluence Investment Management LLC (3.21%), Yousif Capital Management LLC (0.06%), Comerica Bank (0.06%), National Bank of Canada FI (0.04%) and Strs Ohio (0.02%). Insiders that own company stock include Adam K Peterson, Brett A Ritchie, Ronald E Harrison and Serene M Smith.
View institutional ownership trends.

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 $22.32.

RE/MAX (NYSE:RMAX) has a market capitalization of $407.34 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 $0.55 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.