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RE/MAX Holdings NYSE:RMAX Stock Report

Last Price

US$10.79

Market Cap

US$338.4m

7D

-4.7%

1Y

-26.2%

Updated

06 Sep, 2024

Data

Company Financials +

RE/MAX Holdings, Inc.

NYSE:RMAX Stock Report

Market Cap: US$338.4m

RMAX Stock Overview

Operates as a franchisor of real estate brokerage services in the United States, Canada, and internationally.

About the company

RMAX fundamental analysis
Snowflake Score
Valuation4/6
Future Growth3/6
Past Performance0/6
Financial Health0/6
Dividends0/6

Rewards

Trading at 50.6% below our estimate of its fair value
Earnings are forecast to grow 151.41% per year

Risk Analysis

Interest payments are not well covered by earnings
Negative shareholders equity
Shareholders have been diluted in the past year

RE/MAX Holdings, Inc. Competitors

Anywhere Real Estate

NYSE:HOUS

US$526.3m

Douglas Elliman

NYSE:DOUG

US$158.9m

Redfin

NasdaqGS:RDFN

US$1.2b

Opendoor Technologies

NasdaqGS:OPEN

US$1.3b

Price History & Performance

Summary of all time highs, changes and price drops for RE/MAX Holdings
Historical stock prices
Current Share PriceUS$10.79
52 Week HighUS$15.54
52 Week LowUS$6.94
Beta1.36
11 Month Change28.61%
3 Month Change26.05%
1 Year Change-26.25%
33 Year Change-65.84%
5 Year Change-60.40%
Change since IPO-60.04%

Recent News & Updates

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

Aug 24
RE/MAX Holdings, Inc.'s (NYSE:RMAX) Share Price Boosted 25% But Its Business Prospects Need A Lift Too

RE/MAX Holdings: The Bull Case Still Has Legs

Aug 10

Recent updates

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

Aug 24
RE/MAX Holdings, Inc.'s (NYSE:RMAX) Share Price Boosted 25% But Its Business Prospects Need A Lift Too

RE/MAX Holdings: The Bull Case Still Has Legs

Aug 10

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

May 12
Improved Revenues Required Before RE/MAX Holdings, Inc. (NYSE:RMAX) Stock's 27% Jump Looks Justified

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

May 05
US$9.00: That's What Analysts Think RE/MAX Holdings, Inc. (NYSE:RMAX) Is Worth After Its Latest Results

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

Mar 14

RE/MAX Holdings Approaches A Bottom

Feb 27

RE/MAX Holdings Stock: Expect Continued Volatility In 2024

Jan 19

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

Jan 15
Lacklustre Performance Is Driving RE/MAX Holdings, Inc.'s (NYSE:RMAX) Low P/S

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

Oct 20

An Intrinsic Calculation For RE/MAX Holdings, Inc. (NYSE:RMAX) Suggests It's 42% Undervalued

Aug 16
An Intrinsic Calculation For RE/MAX Holdings, Inc. (NYSE:RMAX) Suggests It's 42% Undervalued

Are Investors Undervaluing RE/MAX Holdings, Inc. (NYSE:RMAX) By 32%?

Feb 18
Are Investors Undervaluing RE/MAX Holdings, Inc. (NYSE:RMAX) By 32%?

RE/MAX Holdings Q4 results miss estimates, co guides Q1 2023 revenue below consensus

Feb 16

RE/MAX reports lower home sales in November hurt by seasonality, macro woes

Dec 19

RE/MAX signs more than 180 new franchise agreements, over 215 renewals in Q2

Sep 06

RE/MAX Holdings: Navigating The Housing Slump

Aug 25

RE/MAX Holdings' (NYSE:RMAX) Dividend Will Be $0.23

Aug 10
RE/MAX Holdings' (NYSE:RMAX) Dividend Will Be $0.23

RE/MAX Holdings declares $0.23 dividend

Aug 02

Re/Max to slash 17% of its headcount by year end

Jul 07

RE/MAX Holdings (NYSE:RMAX) Has Affirmed Its Dividend Of US$0.23

May 01
RE/MAX Holdings (NYSE:RMAX) Has Affirmed Its Dividend Of US$0.23

Shareholder Returns

RMAXUS Real EstateUS Market
7D-4.7%-1.5%-2.7%
1Y-26.2%6.6%21.3%

Return vs Industry: RMAX underperformed the US Real Estate industry which returned 4.7% over the past year.

Return vs Market: RMAX underperformed the US Market which returned 21.1% over the past year.

Price Volatility

Is RMAX's price volatile compared to industry and market?
RMAX volatility
RMAX Average Weekly Movement8.1%
Real Estate Industry Average Movement7.2%
Market Average Movement6.3%
10% most volatile stocks in US Market15.0%
10% least volatile stocks in US Market3.1%

Stable Share Price: RMAX's share price has been volatile over the past 3 months.

Volatility Over Time: RMAX's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1973544W. Carlsonwww.remaxholdings.com

RE/MAX Holdings, Inc. operates as a franchisor of real estate 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.

RE/MAX Holdings, Inc. Fundamentals Summary

How do RE/MAX Holdings's earnings and revenue compare to its market cap?
RMAX fundamental statistics
Market capUS$338.36m
Earnings (TTM)-US$70.01m
Revenue (TTM)US$314.56m

0.6x

P/S Ratio

-2.9x

P/E Ratio

Is RMAX overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RMAX income statement (TTM)
RevenueUS$314.56m
Cost of RevenueUS$81.68m
Gross ProfitUS$232.89m
Other ExpensesUS$302.90m
Earnings-US$70.01m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-3.71
Gross Margin74.04%
Net Profit Margin-22.26%
Debt/Equity Ratio-640.2%

How did RMAX perform over the long term?

See historical performance and comparison