Should I buy or sell RE/MAX stock right now?

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

What is RE/MAX's stock price target for 2024?

5 brokerages have issued twelve-month target prices for RE/MAX's shares. Their RMAX share price targets range from $9.00 to $21.00. On average, they expect the company's stock price to reach $15.50 in the next year. This suggests a possible upside of 61.0% from the stock's current price. View analysts price targets for RMAX or view top-rated stocks among Wall Street analysts .

How have RMAX shares performed in 2024?

RE/MAX's stock was trading at $13.33 at the beginning of 2024. Since then, RMAX stock has decreased by 27.8% and is now trading at $9.63. View the best growth stocks for 2024 here .

When is RE/MAX's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 22nd 2024. View our RMAX earnings forecast .

How can I listen to RE/MAX's earnings call?

RE/MAX will be holding an earnings conference call on Friday, February 23rd at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link .

How were RE/MAX's earnings last quarter?

RE/MAX Holdings, Inc. (NYSE:RMAX) released its quarterly earnings results on Friday, May, 5th. The financial services provider reported $0.26 EPS for the quarter, meeting analysts' consensus estimates of $0.26. The financial services provider had revenue of $85.40 million for the quarter, compared to analyst estimates of $83.91 million. RE/MAX had a positive trailing twelve-month return on equity of 792.18% and a negative net margin of 18.37%. The company's quarterly revenue was down 6.2% on a year-over-year basis. During the same quarter last year, the business earned $0.37 EPS.

How often does RE/MAX pay dividends? What is the dividend yield for RE/MAX?

RE/MAX declared a quarterly dividend on Tuesday, August 1st. Stockholders of record on Tuesday, August 15th will be given a dividend of $0.23 per share on Tuesday, August 29th. This represents a $0.92 dividend on an annualized basis and a yield of 9.55%. The ex-dividend date of this dividend is Monday, August 14th. Read our dividend analysis for RMAX .

What ETF holds RE/MAX's stock ?

Future Fund Long/Short ETF holds 1,750 shares of RMAX stock, representing -1.76% of its portfolio.

What is Adam Contos' approval rating as RE/MAX's CEO?

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.

What other stocks do shareholders of RE/MAX own?

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) .

Who are RE/MAX's major shareholders?

RE/MAX's stock is owned by many different retail and institutional investors. Top institutional investors include Magnolia Group LLC (16.36%), Dimensional Fund Advisors LP (5.75%), Russell Investments Group Ltd. (1.06%), Assenagon Asset Management S.A. (0.85%), Charles Schwab Investment Management Inc. (0.69%) and River Global Investors LLP (0.60%). Insiders that own company stock include Adam K Peterson, Adam W Grosshans, Brett A Ritchie, Kathleen J Cunningham and Ronald E Harrison. View institutional ownership trends .

How do I buy shares of RE/MAX?

Shares of RMAX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:RMAX

RE/MAX (RMAX) Stock Price, News & Analysis

$9.63

-0.32 (-3.22%)

(As of 02/9/2024 08:56 PM ET)

Compare

Today's Range: $9.53
▼
$9.96
50-Day Range: $9.40
▼
$13.35
52-Week Range: $8.61
▼
$23.17

Volume: 450,700 shs
Average Volume: 193,007 shs
Market Capitalization: $175.65 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $15.50

Get RE/MAX alerts:

RE/MAX MarketRank™ Stock Analysis

Analyst Rating: Reduce
1.80 Rating Score
Upside/Downside: 61.0% Upside
$15.50 Price Target
Short Interest: Healthy
1.99% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.26
Based on 7 Articles This Week
Insider Trading: Acquiring Shares
$324,807 Bought Last Quarter
Proj. Earnings Growth: -11.49%
From $0.87 to $0.77 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.55 out of 5 stars

Finance Sector

575th out of 849 stocks

Real Estate Agents & Managers Industry

5th out of 15 stocks

2.9

Analyst's Opinion

Consensus Rating
RE/MAX has received a consensus rating of Reduce. The company's average rating score is 1.80, and is based on 1 buy rating, 2 hold ratings, and 2 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $15.50, RE/MAX has a forecasted upside of 61.0% from its current price of $9.63.
Amount of Analyst Coverage
RE/MAX has only been the subject of 1 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
1.99% of the float of RE/MAX has been sold short.
Short Interest Ratio / Days to Cover
RE/MAX has a short interest ratio ("days to cover") of 1, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in RE/MAX has recently decreased by 6.52%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
RE/MAX does not currently pay a dividend.
Dividend Growth
RE/MAX does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for RMAX.

2.4

News and Social Media Coverage

News Sentiment
RE/MAX has a news sentiment score of 0.26. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.81 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 7 news articles for RE/MAX this week, compared to 5 articles on an average week.
Search Interest
Only 2 people have searched for RMAX on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.
MarketBeat Follows
2 people have added RE/MAX to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, RE/MAX insiders have bought more of their company's stock than they have sold. Specifically, they have bought $324,807.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 3.37% of the stock of RE/MAX is held by insiders.
Percentage Held by Institutions
93.17% of the stock of RE/MAX is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0

Earnings and Valuation

Earnings Growth
Earnings for RE/MAX are expected to decrease by -11.49% in the coming year, from $0.87 to $0.77 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of RE/MAX is -2.87, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of RE/MAX is -2.87, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
RE/MAX has a P/B Ratio of 5.44. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About RE/MAX Stock (NYSE:RMAX)

RE/MAX Holdings, Inc. operates as a franchisor of real estate and mortgage brokerage services in the United States, Canada, and internationally. It operates through Real Estate, Mortgage, and Marketing Funds segments. The company offers real estate brokerage franchising services under the RE/MAX brand; mortgage brokerage services to real estate brokers, real estate professionals, mortgage professionals, and other investors under the Motto Mortgage brand; and mortgage loan processing software and services under the wemlo brand. It also provides kvCORE platform, which integrates a suite of digital products that enables agents, brokers, and teams to establish and manage client relationships; and RE/MAX University platform, a learning hub designed to help each agent in their professional expertise. The company was founded in 1973 and is headquartered in Denver, Colorado.

RMAX Stock Price History

30 days | 90 days | 365 days | Advanced Chart

RMAX Stock News Headlines

February 8, 2024 | finance.yahoo.com

Buffini & Company and RE/MAX® to Redefine Professional Growth for Affiliates Across North America

February 7, 2024 | msn.com

How can B.C. make moving to Alberta less enticing? Revisit the property transfer tax, says Re/Max

February 12, 2024 | Porter and Company (Ad)

Top Analyst Exposes Imminent Crisis Hurtling Towards America

The man who warned of the dot-com blow up, the 2008 housing collapse, and the loss of America’s AAA rating makes a shocking prediction…

February 7, 2024 | msn.com

How can B.C. government make moving to Alberta less enticing? Revisit the property transfer tax, says Re/Max

February 6, 2024 | stockhouse.com

Annual RE/MAX® R4 Convention Connects Agents to Resources, Education, Referral Opportunities

February 6, 2024 | finance.yahoo.com

High housing values, interest rates and taxes contribute to post-pandemic exodus from Canada's most expensive provinces, says RE/MAX

February 5, 2024 | msn.com

Real estate brokerage to pay $70 MILLION to settle nationwide lawsuits over grossly inflated broker's fees - has the bubble burst for greedy realtors?

February 3, 2024 | msn.com

RE/MAX India PRARAMBH 2024: Setting the Stage for Real Estate Excellence

February 12, 2024 | Chaikin Analytics (Ad)

Buy This Stock for AI Tidal Wave (not NVDA)

The internet boom made more millionaires than any tech - Microsoft’s CEO says AI has even more potential. Here’s the #1 stock to buy.

February 2, 2024 | bizjournals.com

Another real estate giant settles in class-action commissions lawsuits

February 2, 2024 | forbes.com

Real Estate Giant Keller Williams To Pay $70 Million In Antitrust Case Over Fees Agents Charge

February 1, 2024 | msn.com

Should you buy or sell in Lansing? What to expect from the real estate market

January 31, 2024 | msn.com

Real estate market preview 2024: Should you buy or sell in Lansing area this year?

January 30, 2024 | investing.com

Re Max Holding (RMAX)

January 26, 2024 | msn.com

Head of Sutton-Quebec accused of ordering arson attacks on other real estate firms

January 25, 2024 | yahoo.com

Real Estate Company President Arrested For Burning Down His Competitors' Buildings

January 25, 2024 | msn.com

Real estate industry left playing the waiting game after Bank of Canada hold

January 24, 2024 | uk.news.yahoo.com

Quebec real estate mogul charged with conspiracy and arson

January 24, 2024 | theglobeandmail.com

An adjustment to new pricing energizes the real estate market

January 24, 2024 | finance.yahoo.com

RE/MAX HOLDINGS, INC. TO RELEASE FOURTH QUARTER AND FULL YEAR 2023 RESULTS ON FEBRUARY 22, 2024

January 19, 2024 | seekingalpha.com

RE/MAX Holdings Stock: Expect Continued Volatility In 2024

January 17, 2024 | stockhouse.com

RE/MAX NATIONAL HOUSING REPORT FOR DECEMBER 2023

January 12, 2024 | msn.com

Frank Duran ‘The Real Estate Man’ is the expert in Colorado’s housing market

January 8, 2024 | msn.com

“A Bloated Industry” Most Real Estate Agents Are Barely Getting By

January 8, 2024 | finance.yahoo.com

24 New RE/MAX Offices Open in Last Three Months of 2023

January 8, 2024 | msn.com

2024 unlikely to bring normalcy to Des Moines real estate market

January 8, 2024 | markets.businessinsider.com

BTIG Keeps Their Hold Rating on Re/Max Holdings (RMAX)

See More Headlines

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Company Calendar

Last Earnings: 5/05/2023
Today: 2/12/2024
Next Earnings (Confirmed): 2/22/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Finance
Industry: Real estate agents & managers
Sub-Industry: N/A
Current Symbol: NYSE:RMAX
CUSIP: N/A
CIK: 1581091
Web: www.remax.com
Phone: (303) 770-5531
Fax: 303-796-3599
Employees: 594
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $15.50
High Stock Price Target: $21.00
Low Stock Price Target: $9.00
Potential Upside/Downside: +61.0%
Consensus Rating: Reduce
Rating Score (0-4): 1.80
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($3.35)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 11.07
P/E Growth: N/A
Net Income: $6.11 million
Net Margins: -18.37%
Pretax Margin: -6.71%
Return on Equity: 792.18%
Return on Assets: 4.65%

Debt

Debt-to-Equity Ratio: 18.39
Current Ratio: 1.32
Quick Ratio: 1.32

Sales & Book Value

Annual Sales: $330.34 million
Price / Sales: 0.53
Cash Flow: $4.94 per share
Price / Cash Flow: 1.95
Book Value: $1.77 per share
Price / Book: 5.44

Miscellaneous

Outstanding Shares: 18,237,000
Free Float: 17,396,000
Market Cap: $175.62 million
Optionable: Optionable
Beta: 1.45

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Key Executives

Mr. David L. Liniger (Age 78)
Co Founder & Non-Executive Chairman
Ms. Karri R. Callahan (Age 46)
Chief Financial Officer
Comp: $864.19k
Ms. Serene M. Smith (Age 45)
Chief of Staff & COO
Comp: $785.56k
Mr. Nicholas R. Bailey (Age 49)
President & CEO RE/MAX, LLC
Comp: $832.74k
Mr. Ward M. Morrison (Age 56)
President & CEO of Motto Mortgage and wemlo
Comp: $758.97k
Mr. W. Erik Carlson (Age 54)
CEO & Director
Ms. Leah Jenkins (Age 43)
VP & Chief Accounting Officer
Mr. William Grady Ligon
Chief Information Officer
Mr. Andrew Schulz
Vice President of Investor Relations
Ms. Susie Winders
General Counsel, Chief Compliance Officer & Secretary

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

RMAX Stock Analysis - Frequently Asked Questions

Should I buy or sell RE/MAX stock right now?: 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for RE/MAX in the last twelve months. There are currently 2 sell ratings, 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "reduce" RMAX shares.
View RMAX analyst ratings or view top-rated stocks.
What is RE/MAX's stock price target for 2024?: 5 brokerages have issued twelve-month target prices for RE/MAX's shares. Their RMAX share price targets range from $9.00 to $21.00. On average, they expect the company's stock price to reach $15.50 in the next year. This suggests a possible upside of 61.0% from the stock's current price.
View analysts price targets for RMAX or view top-rated stocks among Wall Street analysts.
How have RMAX shares performed in 2024?: RE/MAX's stock was trading at $13.33 at the beginning of 2024. Since then, RMAX stock has decreased by 27.8% and is now trading at $9.63.
View the best growth stocks for 2024 here.
When is RE/MAX's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, February 22nd 2024.
View our RMAX earnings forecast.
How can I listen to RE/MAX's earnings call?: RE/MAX will be holding an earnings conference call on Friday, February 23rd at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.
How were RE/MAX's earnings last quarter?: RE/MAX Holdings, Inc. (NYSE:RMAX) released its quarterly earnings results on Friday, May, 5th. The financial services provider reported $0.26 EPS for the quarter, meeting analysts' consensus estimates of $0.26. The financial services provider had revenue of $85.40 million for the quarter, compared to analyst estimates of $83.91 million. RE/MAX had a positive trailing twelve-month return on equity of 792.18% and a negative net margin of 18.37%. The company's quarterly revenue was down 6.2% on a year-over-year basis. During the same quarter last year, the business earned $0.37 EPS.

How often does RE/MAX pay dividends? What is the dividend yield for RE/MAX?: RE/MAX declared a quarterly dividend on Tuesday, August 1st. Stockholders of record on Tuesday, August 15th will be given a dividend of $0.23 per share on Tuesday, August 29th. This represents a $0.92 dividend on an annualized basis and a yield of 9.55%. The ex-dividend date of this dividend is Monday, August 14th.
Read our dividend analysis for RMAX.
What ETF holds RE/MAX's stock ?: Future Fund Long/Short ETF holds 1,750 shares of RMAX stock, representing -1.76% of its portfolio.
What is Adam Contos' approval rating as RE/MAX's CEO?: 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.
What other stocks do shareholders of RE/MAX own?: 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).
Who are RE/MAX's major shareholders?: RE/MAX's stock is owned by many different retail and institutional investors. Top institutional investors include Magnolia Group LLC (16.36%), Dimensional Fund Advisors LP (5.75%), Russell Investments Group Ltd. (1.06%), Assenagon Asset Management S.A. (0.85%), Charles Schwab Investment Management Inc. (0.69%) and River Global Investors LLP (0.60%). Insiders that own company stock include Adam K Peterson, Adam W Grosshans, Brett A Ritchie, Kathleen J Cunningham and Ronald E Harrison.
View institutional ownership trends.
How do I buy shares of RE/MAX?: Shares of RMAX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:RMAX) was last updated on 2/12/2024 by MarketBeat.com Staff

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