RE/MAX Holdings, Inc.

NYSE:RMAX Stock Report

Market Cap: US$322.4m

RE/MAX Holdings Future Growth

Future criteria checks 3/6

RE/MAX Holdings is forecast to grow earnings and revenue by 81.4% and 2.9% per annum respectively while EPS is expected to grow by 81.2% per annum.

Key information

81.4%

Earnings growth rate

81.21%

EPS growth rate

Real Estate earnings growth27.2%
Revenue growth rate2.9%
Future return on equityn/a
Analyst coverage

Low

Last updated27 Apr 2026

Recent future growth updates

Recent updates

New Narrative • May 14

Housing Recovery And New Fee Models Will Shape A Cautious Yet Balanced Outlook

Catalysts About RE/MAX Holdings RE/MAX Holdings operates a global real estate franchising network and an affiliated mortgage franchise business under the Motto brand. What are the underlying business or industry changes driving this perspective?
Narrative Update • Apr 28

RMAX: Broker Acquisition And Rating Upgrades Will Reshape Risk Reward Profile

Narrative update on RE/MAX Holdings The analyst fair value estimate for RE/MAX Holdings has moved from $9.00 to $11.40. Analysts point to recent broker acquisitions, which are viewed as a "plus," and a series of rating upgrades as key support for the higher target.
New Narrative • Apr 27

Franchise Expansion And Digital Platforms Will Reshape Long Term Earnings Power

Catalysts About RE/MAX Holdings RE/MAX Holdings operates a global real estate and mortgage franchise platform serving agents, brokers, loan originators and consumers across more than 120 countries. What are the underlying business or industry changes driving this perspective?
Analysis Article • Feb 18

Is Now The Time To Look At Buying RE/MAX Holdings, Inc. (NYSE:RMAX)?

While RE/MAX Holdings, Inc. ( NYSE:RMAX ) might not have the largest market cap around , it received a lot of attention...
Analysis Article • Aug 31

RE/MAX Holdings, Inc. (NYSE:RMAX) Surges 25% Yet Its Low P/S Is No Reason For Excitement

RE/MAX Holdings, Inc. ( NYSE:RMAX ) shareholders have had their patience rewarded with a 25% share price jump in the...
Seeking Alpha • Aug 22

RE/MAX Survives By Doing The Right Things, Share Buybacks Could Be Next

Summary RMAX remains a buy, as its solid agent network, stable revenues, and manageable debt position it for upside when the real estate market recovers. Share buybacks are a concrete near-term catalyst; if leverage drops below 3.5x, even conservative repurchases could drive an 8-18% upside in EPS. Dividend resumption is less likely in the short term due to weaker free cash flow, but remains a potential medium-term catalyst if cash generation improves. Despite sector headwinds and tech competition, RMAX's cost control, agent initiatives, and undervalued multiples offer attractive risk/reward at current lows. Read the full article on Seeking Alpha
Analysis Article • Jul 31

Should You Investigate RE/MAX Holdings, Inc. (NYSE:RMAX) At US$7.78?

While RE/MAX Holdings, Inc. ( NYSE:RMAX ) might not have the largest market cap around , it saw a decent share price...
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New Narrative • Jun 01

Global Expansion And Digital Tools Will Drive Future Success

Advanced technology platforms and agent-focused programs are enhancing recruitment, productivity, and positioning for demographic shifts in homebuying trends.
Analysis Article • May 04

RE/MAX Holdings, Inc. (NYSE:RMAX) Just Released Its First-Quarter Results And Analysts Are Updating Their Estimates

It's been a good week for RE/MAX Holdings, Inc. ( NYSE:RMAX ) shareholders, because the company has just released its...
Analysis Article • Apr 04

The Market Doesn't Like What It Sees From RE/MAX Holdings, Inc.'s (NYSE:RMAX) Revenues Yet

RE/MAX Holdings, Inc.'s ( NYSE:RMAX ) price-to-sales (or "P/S") ratio of 0.5x might make it look like a buy right now...
Analysis Article • Feb 27

We Like The Quality Of RE/MAX Holdings' (NYSE:RMAX) Earnings

The stock was sluggish on the back of RE/MAX Holdings, Inc.'s ( NYSE:RMAX ) recent earnings report. We have done some...
Seeking Alpha • Jan 10

RE/MAX Holdings: Stable Business, Limited Upside

Summary RE/MAX shows stability in Q3 2024 despite tough market conditions, with strong margins and cash flow continuity, but the stock remains undervalued and underperforming. Operational efficiency improvements, including a 16.6% reduction in SGA, are the most significant achievements, demonstrating cost discipline and sustainable financial health. Concerns include pressure on commission structures, the CEO's lack of real estate experience, and high debt levels, limiting growth potential in a challenging environment. Value investors may find RMAX intriguing due to its stable, cash flow-positive model, but growth investors should look elsewhere; hence, a neutral rating is given. Read the full article on Seeking Alpha
Seeking Alpha • Dec 16

RE/MAX Holdings: Profitability Still Intact

Summary RE/MAX continues to perform resiliently despite a tough housing market. Lower operating expenses offset declining revenues, maintaining profitability. DOJ's challenge of buyer-broker agreements is arguably a bad idea for the entire real estate brokerage industry. Shares are a buy with price target unchanged at $14. Read the full article on Seeking Alpha
Analysis Article • Aug 24

RE/MAX Holdings, Inc.'s (NYSE:RMAX) Share Price Boosted 25% But Its Business Prospects Need A Lift Too

RE/MAX Holdings, Inc. ( NYSE:RMAX ) shares have continued their recent momentum with a 25% gain in the last month...
Seeking Alpha • Aug 10

RE/MAX Holdings: The Bull Case Still Has Legs

Summary RE/MAX Holdings beats Q2 earnings expectations, confirming my bullish thesis. Housing market challenges persist, with high mortgage rates and affordability issues. Potential agent exodus may lead to a more efficient business model for RE/MAX. Shares are still a buy with price target of $14. Read the full article on Seeking Alpha
Analysis Article • May 12

Improved Revenues Required Before RE/MAX Holdings, Inc. (NYSE:RMAX) Stock's 27% Jump Looks Justified

RE/MAX Holdings, Inc. ( NYSE:RMAX ) shareholders are no doubt pleased to see that the share price has bounced 27% in...
Analysis Article • May 05

US$9.00: That's What Analysts Think RE/MAX Holdings, Inc. (NYSE:RMAX) Is Worth After Its Latest Results

Investors in RE/MAX Holdings, Inc. ( NYSE:RMAX ) had a good week, as its shares rose 9.2% to close at US$7.71 following...
Seeking Alpha • Mar 14

RE/MAX Holdings: This Low Priced Stock Is My Top Turnaround Pick For 2024

Summary RE/MAX Holdings, Inc. is a well-known franchisor of real estate brokerage services, currently trading near 52-week lows. The frozen real estate market is expected to thaw out as the Federal Reserve is done raising rates, and mortgage rates are likely to start dropping. RE/MAX has the potential for a major resurgence, with real estate activity likely to dramatically pick up, causing a return to normalized earnings power. Read the full article on Seeking Alpha
Seeking Alpha • Feb 27

RE/MAX Holdings Approaches A Bottom

Summary RE/MAX Holdings is undervalued due to disappointing fundamentals in a slow housing market, but still has strong brand recognition and a franchise business model. The company earns revenue through real estate brokerage franchising, mortgage brokerage franchising, and marketing campaigns. RE/MAX has strong competitive advantages, including a powerful brand, high-performing agents, and high switching costs for franchisees. Shares are a buy with price target of $15. Read the full article on Seeking Alpha
Seeking Alpha • Jan 19

RE/MAX Holdings Stock: Expect Continued Volatility In 2024

Summary RE/MAX Holdings, Inc. is facing a challenging real estate market for its residential brokerage network. The company's financial performance has declined, with shares losing more than half their value in the past year. A large balance sheet debt position and a history of poor strategic execution highlight our expectation for shares to remain under pressure. Read the full article on Seeking Alpha
Analysis Article • Jan 15

Lacklustre Performance Is Driving RE/MAX Holdings, Inc.'s (NYSE:RMAX) Low P/S

You may think that with a price-to-sales (or "P/S") ratio of 0.6x RE/MAX Holdings, Inc. ( NYSE:RMAX ) is a stock worth...
Seeking Alpha • Oct 20

Navigating Real Estate's Uncharted Terrain: A Closer Look At RE/MAX

Summary RE/MAX Holdings Inc. has underperformed the S&P 500, with its stock falling 44% compared to a 12% rise in the S&P. The recent drop in RE/MAX's stock has caused a surge in its dividend yield, which now sits at 8.68%. The company's profitability and debt management are key factors to consider when assessing its financial health and ability to weather potential risks in the real estate market. Read the full article on Seeking Alpha

Earnings and Revenue Growth Forecasts

NYSE:RMAX - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/202730213721064
12/31/20262951212484
3/31/202628702533N/A
12/31/202529283441N/A
9/30/2025293133945N/A
6/30/202529893945N/A
3/31/202530495056N/A
12/31/202430875360N/A
9/30/2024312-104452N/A
6/30/2024315-704351N/A
3/31/2024319-722735N/A
12/31/2023326-692228N/A
9/30/2023330-592329N/A
6/30/202333802834N/A
3/31/202334845058N/A
12/31/202235366171N/A
9/30/2022361117687N/A
6/30/2022363-153751N/A
3/31/2022348-152438N/A
12/31/2021330-162742N/A
9/30/2021313-173044N/A
6/30/2021293127485N/A
3/31/2021268106978N/A
12/31/2020266116471N/A
9/30/2020262136067N/A
6/30/2020262185362N/A
3/31/2020281235970N/A
12/31/201928225N/A79N/A
9/30/201926528N/A74N/A
6/30/201924827N/A75N/A
3/31/201923126N/A85N/A
12/31/201821327N/A76N/A
9/30/201821015N/A67N/A
6/30/201820511N/A64N/A
3/31/201819911N/A63N/A
12/31/201719410N/A63N/A
9/30/201719020N/A69N/A
6/30/201718622N/A70N/A
3/31/201718122N/A66N/A
12/31/201617622N/A64N/A
9/30/201617522N/A66N/A
6/30/201617521N/A68N/A
3/31/201617619N/A74N/A
12/31/201517716N/A77N/A
9/30/201517615N/A75N/A
6/30/201517514N/A71N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: RMAX's forecast earnings growth (81.4% per year) is above the savings rate (3.5%).

Earnings vs Market: RMAX's earnings (81.4% per year) are forecast to grow faster than the US market (17% per year).

High Growth Earnings: RMAX's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: RMAX's revenue (2.9% per year) is forecast to grow slower than the US market (11.9% per year).

High Growth Revenue: RMAX's revenue (2.9% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if RMAX's Return on Equity is forecast to be high in 3 years time

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/01 12:16
End of Day Share Price 2026/06/01 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

RE/MAX Holdings, Inc. is covered by 11 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Justin AgesBerenberg
David Ridley-LaneBofA Global Research
Aaron HechtCitizens JMP Securities, LLC