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 year. 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 equities research analysts have issued 1-year target prices for RE/MAX's stock. Their RMAX share price forecasts range from $26.00 to $35.00. On average, they anticipate the company's stock price to reach $29.38 in the next year. This suggests a possible upside of 28.8% 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 start of the year. Since then, RMAX shares have increased by 22.4% and is now trading at $22.81.
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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) posted its earnings results on Thursday, November, 3rd. The financial services provider reported $0.37 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.42 by $0.05. The financial services provider earned $88.94 million during the quarter, compared to analyst estimates 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 announced a quarterly dividend on Wednesday, November 2nd. Stockholders 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 yield of 4.03%. 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 4.10%. 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 (EPS) 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 institutional and retail investors. Top institutional shareholders include Magnolia Group LLC (13.00%), Confluence Investment Management LLC (3.21%), New York State Teachers Retirement System (0.21%), Yousif Capital Management LLC (0.06%), Comerica Bank (0.06%) and National Bank of Canada FI (0.04%). Insiders that own company stock include Adam K Peterson, Brett A Ritchie, Ronald E Harrison 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 $22.81.

RE/MAX (NYSE:RMAX) has a market capitalization of $416.28 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.