NYSE:RMAXRe/Max Stock Price, Forecast & News

Re/Max's stock was trading at $24.88 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, RMAX stock has increased by 22.7% and is now trading at $30.54. 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) released its earnings results on Wednesday, May, 6th. The financial services provider reported $0.39 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.28 by $0.11. The financial services provider had revenue of $70.30 million for the quarter, compared to analysts' expectations of $70.26 million. Re/Max had a net margin of 8.27% and a return on equity of 49.97%. Re/Max's revenue was down 1.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.48 earnings per share. View Re/Max's earnings history.

Re/Max declared a quarterly dividend on Tuesday, May 5th. Shareholders 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 dividend on an annualized basis and a dividend yield of 2.88%. The ex-dividend date is Monday, May 18th. View Re/Max's dividend history.

6 equities research analysts have issued 1-year price targets for Re/Max's stock. Their forecasts range from $32.00 to $40.00. On average, they anticipate Re/Max's share price to reach $36.40 in the next year. This suggests a possible upside of 19.2% from the stock's current price. View analysts' price targets for Re/Max.

Media stories about RMAX stock have trended negative this week, according to InfoTrie. The research group ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources. 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 media sentiment score of -2.1 on InfoTrie's scale. They also gave headlines about the financial services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next several days. 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 trading volume, of 176,200 shares, the days-to-cover ratio is presently 3.7 days. Currently, 3.7% of the shares of the stock 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 variety of institutional and retail investors. Top institutional investors include Confluence Investment Management LLC (2.83%) and Dalton Greiner Hartman Maher & Co. (0.55%). 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.

RMAX stock was purchased by a variety of institutional investors in the last quarter, including Dalton Greiner Hartman Maher & Co.. 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 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 $30.54.

Re/Max has a market capitalization of $546.97 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]