NYSE:RMAX - Re/Max Stock Price, Forecast & News

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

Re/Max declared a quarterly dividend on Wednesday, February 19th. Investors of record on Wednesday, March 4th will be paid a dividend of $0.22 per share on Wednesday, March 18th. This represents a $0.88 dividend on an annualized basis and a yield of 2.70%. The ex-dividend date of this dividend is Tuesday, March 3rd. This is a boost from Re/Max's previous quarterly dividend of $0.21. View Re/Max's Dividend History.

Re/Max Holdings Inc (NYSE:RMAX) announced its quarterly earnings results on Thursday, October, 31st. The financial services provider reported $0.61 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.57 by $0.04. The financial services provider earned $71.54 million during the quarter, compared to analysts' expectations of $71.36 million. Re/Max had a net margin of 8.87% and a return on equity of 54.71%. The company's revenue was up 30.4% compared to the same quarter last year. During the same period in the previous year, the company posted $0.65 earnings per share. View Re/Max's Earnings History.

Re/Max is scheduled to release their next quarterly earnings announcement on Thursday, May 7th 2020. View Earnings Estimates for Re/Max.

Re/Max issued an update on its FY 2020 After-Hours earnings guidance on Thursday, February, 20th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $285.5-289.5 million, compared to the consensus revenue estimate of $288.34 million.

5 equities research analysts have issued 1 year target prices for Re/Max's shares. Their forecasts range from $31.00 to $40.00. On average, they expect Re/Max's stock price to reach $36.40 in the next year. This suggests a possible upside of 11.7% from the stock's current price. View Analyst Price Targets for Re/Max.

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

Media stories about RMAX stock have trended neutral on Tuesday, according to InfoTrie Sentiment. The research firm scores the sentiment of press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Re/Max earned a news impact score of 0.4 on InfoTrie's scale. They also gave news articles about the financial services provider a news buzz of 9.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the immediate future. View News Stories for Re/Max.

Re/Max saw a decline in short interest during the month of January. As of January 31st, there was short interest totalling 1,120,000 shares, a decline of 5.9% from the January 15th total of 1,190,000 shares. Based on an average daily trading volume, of 131,400 shares, the short-interest ratio is presently 8.5 days. Approximately 6.5% of the company's stock are short sold. View Re/Max's Current Options Chain.

Some companies that are related to Re/Max include Newmark Group (NMRK), Realogy (RLGY), Marcus & Millichap (MMI), eXp World (EXPI), Bluegreen Vacations (BXG), 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), Weyerhaeuser (WY), Cisco Systems (CSCO), NVIDIA (NVDA), Starbucks (SBUX), Universal Forest Products (UFPI), Zillow Group (Z), D. R. Horton (DHI), JPMorgan Chase & Co. (JPM) and Snap (SNAP).

Re/Max's stock is owned by a number of of institutional and retail investors. Top institutional investors include Renaissance Technologies LLC (7.33%), Granite Investment Partners LLC (3.67%), Confluence Investment Management LLC (2.83%), State Street Corp (2.81%), Bank of New York Mellon Corp (1.48%) and Geode Capital Management LLC (1.47%). 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 Southside Capital LLC, First Quadrant L P CA, Marshall Wace LLP, Schroder Investment Management Group, Prudential Financial Inc., Charles Schwab Investment Management Inc., Thrivent Financial for Lutherans and Bank of New York Mellon Corp. View Insider Buying and Selling for Re/Max.

RMAX stock was acquired by a variety of institutional investors in the last quarter, including AJO LP, Granite Investment Partners LLC, SG Americas Securities LLC, Assenagon Asset Management S.A., Renaissance Technologies LLC, Geode Capital Management LLC, Great West Life Assurance Co. Can and Acadian Asset Management 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 $32.59.

Re/Max has a market capitalization of $581.24 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.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]