Re/Max Stock Price, News & Analysis (NYSE:RMAX)

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

Re/Max declared a quarterly dividend on Wednesday, July 31st. Investors of record on Wednesday, August 14th will be paid a dividend of $0.21 per share on Wednesday, August 28th. This represents a $0.84 annualized dividend and a yield of 2.95%. The ex-dividend date of this dividend is Tuesday, August 13th. View Re/Max's Dividend History.

Re/Max Holdings Inc (NYSE:RMAX) released its earnings results on Thursday, August, 1st. The financial services provider reported $0.65 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.59 by $0.06. The financial services provider earned $71.40 million during the quarter, compared to analysts' expectations of $72.26 million. Re/Max had a net margin of 11.03% and a return on equity of 73.12%. The company's revenue for the quarter was up 31.5% on a year-over-year basis. During the same period last year, the business earned $0.62 EPS. View Re/Max's Earnings History.

Re/Max is scheduled to release their next quarterly earnings announcement on Thursday, November 7th 2019. View Earnings Estimates for Re/Max.

Re/Max updated its third quarter 2019 earnings guidance on Thursday, August, 1st. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $69-72 million, compared to the consensus revenue estimate of $2.22.

6 brokers have issued 12 month price objectives for Re/Max's shares. Their forecasts range from $31.00 to $56.00. On average, they anticipate Re/Max's stock price to reach $39.6667 in the next year. This suggests a possible upside of 39.3% from the stock's current price. View Analyst Price Targets for Re/Max.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Re/Max in the last year. There are currently 1 sell rating, 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Re/Max.

Media stories about RMAX stock have trended negative this week, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Re/Max earned a coverage optimism score of -2.9 on InfoTrie's scale. They also assigned media coverage about the financial services provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the near future. View News Stories for Re/Max.

Re/Max saw a increase in short interest during the month of August. As of August 31st, there was short interest totalling 1,518,800 shares, an increase of 17.8% from the July 31st total of 1,289,800 shares. Based on an average trading volume of 263,800 shares, the days-to-cover ratio is presently 5.8 days. Approximately 8.8% of the company's shares are sold short. View Re/Max's Current Options Chain.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Re/Max investors own include eXp World (EXPI), Splunk (SPLK), Zillow Group (Z), Weyerhaeuser (WY), Ambarella (AMBA), Cisco Systems (CSCO), Starbucks (SBUX), D. R. Horton (DHI), JPMorgan Chase & Co. (JPM) and Baidu (BIDU).

Re/Max's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (15.26%), Vanguard Group Inc. (11.51%), Van Berkom & Associates Inc. (9.82%), Renaissance Technologies LLC (7.07%), Deprince Race & Zollo Inc. (5.43%) and JPMorgan Chase & Co. (4.26%). Company insiders that own Re/Max stock include Adam M Contos, Daniel J Predovich, David L Liniger and Gail A Liniger. View Institutional Ownership Trends for Re/Max.

RMAX stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Bank of New York Mellon Corp, Natixis Advisors L.P., Bahl & Gaynor Inc., Los Angeles Capital Management & Equity Research Inc., Parametric Portfolio Associates LLC, Russell Investments Group Ltd. and Bank of America Corp DE. View Insider Buying and Selling for Re/Max.

RMAX stock was purchased by a variety of institutional investors in the last quarter, including Deprince Race & Zollo Inc., Ontario Teachers Pension Plan Board, Southside Capital LLC, Schroder Investment Management Group, Schroder Investment Management Group, Nuveen Asset Management LLC, JPMorgan Chase & Co. and Renaissance Technologies LLC. 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 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 $28.47.

Re/Max has a market capitalization of $507.62 million and generates $212.63 million in revenue each year. The financial services provider earns $27.04 million in net income (profit) each year or $2.02 on an earnings per share basis. Re/Max employs 500 workers across the globe.View Additional Information About Re/Max.

The official website for Re/Max is http://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]