NYSE:RMAXRe/Max Stock Price, Forecast & News

Re/Max's stock was trading at $24.88 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, RMAX stock has increased by 12.5% and is now trading at $27.99. 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) posted its quarterly earnings data on Wednesday, May, 6th. The financial services provider reported $0.39 EPS for the quarter, topping the consensus estimate of $0.28 by $0.11. The financial services provider had revenue of $70.30 million for the quarter, compared to analyst estimates of $70.26 million. Re/Max had a return on equity of 49.97% and a net margin of 8.27%. Re/Max's revenue for the quarter was down 1.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.48 EPS. View Re/Max's earnings history.

Re/Max announced a quarterly dividend on Tuesday, May 5th. Investors 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 annualized dividend and a dividend yield of 3.14%. The ex-dividend date is Monday, May 18th. View Re/Max's dividend history.

6 equities research analysts have issued 1-year price objectives for Re/Max's shares. Their forecasts range from $32.00 to $40.00. On average, they expect Re/Max's share price to reach $36.40 in the next year. This suggests a possible upside of 30.0% from the stock's current price. View analysts' price targets for Re/Max.

Media coverage about RMAX stock has been trending somewhat negative this week, InfoTrie reports. The research group identifies negative and positive press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Re/Max earned a news sentiment score of -1.6 on InfoTrie's scale. They also gave media stories 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 company's share price in the near term. View the latest news aboutRe/Max.

Re/Max saw a drop in short interest during the month of May. As of May 15th, there was short interest totaling 738,900 shares, a drop of 16.1% from the April 30th total of 881,100 shares. Based on an average daily trading volume, of 179,400 shares, the days-to-cover ratio is presently 4.1 days. Currently, 4.3% of the company's stock are sold short. View Re/Max's Current Options Chain.

Some companies that are related to Re/Max include Marcus & Millichap (MMI), Newmark Group (NMRK), eXp World (EXPI), Realogy (RLGY), 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 number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (17.62%), Van Berkom & Associates Inc. (9.99%), State Street Corp (3.05%), Confluence Investment Management LLC (2.83%), Geode Capital Management LLC (1.55%) and Bank of New York Mellon Corp (1.41%). 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 BlackRock Inc., Nuveen Asset Management LLC, APG Asset Management N.V., APG Asset Management N.V., Healthcare of Ontario Pension Plan Trust Fund, AJO LP, Deutsche Bank AG, and SG Americas Securities LLC. View insider buying and selling activity for Re/Max.

RMAX stock was bought by a variety of institutional investors in the last quarter, including Morgan Stanley, Morgan Stanley, Matarin Capital Management LLC, Dalton Greiner Hartman Maher & Co., Clark Estates Inc. NY, State Street Corp, JPMorgan Chase & Co., and AQR Capital 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 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 $27.99.

Re/Max has a market capitalization of $501.30 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]