RE/MAX - RMAX Stock Forecast, Price & News

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for RE/MAX in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" RMAX shares.
View RMAX analyst ratings or view top-rated stocks.

2 analysts have issued 1 year price objectives for RE/MAX's stock. Their RMAX share price forecasts range from $21.00 to $28.00. On average, they predict the company's share price to reach $24.50 in the next year. This suggests a possible upside of 44.9% 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 stock has decreased by 9.3% and is now trading at $16.91.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023.
View our RMAX earnings forecast.

RE/MAX Holdings, Inc. (NYSE:RMAX) issued its quarterly earnings data on Monday, November, 22nd. The financial services provider reported $0.71 EPS for the quarter, beating analysts' consensus estimates of $0.63 by $0.08. The financial services provider had revenue of $91 million for the quarter, compared to analyst estimates of $89.80 million. RE/MAX had a net margin of 1.37% and a trailing twelve-month return on equity of 94.76%. The company's revenue for the quarter was up 28.0% on a year-over-year basis. During the same period in the previous year, the business earned $0.64 EPS.

RE/MAX announced a quarterly dividend on Wednesday, February 15th. Investors of record on Wednesday, March 8th will be given a dividend of $0.23 per share on Wednesday, March 22nd. This represents a $0.92 annualized dividend and a yield of 5.44%. The ex-dividend date of this dividend is Tuesday, March 7th.
Read our dividend analysis for RMAX.

ETFs with the largest weight of RE/MAX (NYSE:RMAX) stock in their portfolio include Hoya Capital Housing ETF (HOMZ), Invesco S&P SmallCap 600 Pure Value ETF (RZV), Invesco S&P SmallCap Financials ETF (PSCF), Vanguard Real Estate ETF (VNQ).Fidelity MSCI Real Estate Index ETF (FREL) and

RE/MAX (NYSE:RMAX) pays an annual dividend of $0.92 per share and currently has a dividend yield of 5.42%. RMAX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 368.00%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for RMAX.

RE/MAX updated its first quarter 2023 earnings guidance on Monday, February, 20th. The company provided EPS guidance of for the period. The company issued revenue guidance of $82.00 million-$87.00 million, compared to the consensus revenue estimate of $86.88 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 investors include Magnolia Group LLC (13.00%), Dimensional Fund Advisors LP (7.62%), Renaissance Technologies LLC (5.25%), Confluence Investment Management LLC (3.21%), Geode Capital Management LLC (2.04%) and American Century Companies Inc. (1.02%). Insiders that own company stock include Adam K Peterson, Adam W Grosshans, Brett A Ritchie and Ronald E Harrison.
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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 $16.91.

RE/MAX (NYSE:RMAX) has a market capitalization of $301.34 million and generates $353.39 million in revenue each year. The financial services provider earns $6.11 million in net income (profit) each year or $0.25 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.