RMAX Stock Overview
RE/MAX Holdings, Inc. operates as a franchisor of real estate and mortgage brokerage services in the United States, Canada, and internationally.
RE/MAX Holdings Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$22.96|
|52 Week High||US$35.90|
|52 Week Low||US$21.48|
|1 Month Change||-11.79%|
|3 Month Change||-25.84%|
|1 Year Change||-34.57%|
|3 Year Change||-28.67%|
|5 Year Change||-57.72%|
|Change since IPO||-14.96%|
Recent News & Updates
RE/MAX Holdings (NYSE:RMAX) Has Affirmed Its Dividend Of US$0.23
The board of RE/MAX Holdings, Inc. ( NYSE:RMAX ) has announced that it will pay a dividend of US$0.23 per share on the...
|RMAX||US Real Estate||US Market|
Return vs Industry: RMAX exceeded the US Real Estate industry which returned -46.8% over the past year.
Return vs Market: RMAX underperformed the US Market which returned -8.1% over the past year.
|RMAX Average Weekly Movement||4.8%|
|Real Estate Industry Average Movement||8.8%|
|Market Average Movement||7.8%|
|10% most volatile stocks in US Market||16.9%|
|10% least volatile stocks in US Market||2.9%|
Stable Share Price: RMAX is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: RMAX's weekly volatility (5%) has been stable over the past year.
About the Company
RE/MAX Holdings, Inc. operates as a franchisor of real estate and mortgage brokerage services in the United States, Canada, and internationally. The company operates through three segments: Real Estate, Mortgage, and Marketing Funds. It 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 Fundamentals Summary
|RMAX fundamental statistics|
Is RMAX overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|RMAX income statement (TTM)|
|Cost of Revenue||US$87.10m|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||-0.80|
|Net Profit Margin||-4.40%|
How did RMAX perform over the long term?See historical performance and comparison
4.0%Current Dividend Yield
Is RE/MAX Holdings undervalued compared to its fair value and its price relative to the market?
Valuation Score 2/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: RMAX ($22.96) is trading below our estimate of fair value ($60.28)
Significantly Below Fair Value: RMAX is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: RMAX is unprofitable, so we can't compare its PE Ratio to the US Real Estate industry average.
PE vs Market: RMAX is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate RMAX's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: RMAX's PB Ratio (1.4x) is in line with the US Real Estate industry average.
How is RE/MAX Holdings forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Future Growth Score3/6
Future Growth Score 3/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RMAX is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).
Earnings vs Market: RMAX is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: RMAX's is expected to become profitable in the next 3 years.
Revenue vs Market: RMAX's revenue (4% per year) is forecast to grow slower than the US market (7.8% per year).
High Growth Revenue: RMAX's revenue (4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: RMAX's Return on Equity is forecast to be low in 3 years time (6.9%).
How has RE/MAX Holdings performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RMAX is currently unprofitable.
Growing Profit Margin: RMAX is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: RMAX is unprofitable, and losses have increased over the past 5 years at a rate of 30.1% per year.
Accelerating Growth: Unable to compare RMAX's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: RMAX is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (132%).
Return on Equity
High ROE: RMAX has a negative Return on Equity (-33.58%), as it is currently unprofitable.
How is RE/MAX Holdings's financial position?
Financial Health Score2/6
Financial Health Score 2/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: RMAX's short term assets ($210.6M) exceed its short term liabilities ($134.0M).
Long Term Liabilities: RMAX's short term assets ($210.6M) do not cover its long term liabilities ($559.9M).
Debt to Equity History and Analysis
Debt Level: RMAX's net debt to equity ratio (476.6%) is considered high.
Reducing Debt: RMAX's debt to equity ratio has increased from 371.3% to 646.4% over the past 5 years.
Debt Coverage: RMAX's debt is not well covered by operating cash flow (8.4%).
Interest Coverage: RMAX's interest payments on its debt are well covered by EBIT (4.9x coverage).
What is RE/MAX Holdings's current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: RMAX's dividend (4.01%) is higher than the bottom 25% of dividend payers in the US market (1.51%).
High Dividend: RMAX's dividend (4.01%) is in the top 25% of dividend payers in the US market (3.97%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, RMAX has been paying a dividend for less than 10 years.
Growing Dividend: RMAX's dividend payments have increased, but the company has only paid a dividend for 8 years.
Earnings Payout to Shareholders
Earnings Coverage: RMAX is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (124.4%), RMAX's dividend payments are not well covered by cash flows.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Steve Joyce (61 yo)
Mr. Stephen P. Joyce, also known as Steve, serves as Chief Executive Officer at RE/MAX Holdings, Inc since March 31, 2022 and serves as Director since April 17, 2020. He served as Co-Chief Executive Office...
Experienced Management: RMAX's management team is seasoned and experienced (6.3 years average tenure).
Experienced Board: RMAX's board of directors are considered experienced (8.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
RE/MAX Holdings, Inc.'s employee growth, exchange listings and data sources
- Name: RE/MAX Holdings, Inc.
- Ticker: RMAX
- Exchange: NYSE
- Founded: 1973
- Industry: Real Estate Services
- Sector: Real Estate
- Implied Market Cap: US$747.175m
- Market Cap: US$442.353m
- Shares outstanding: 31.83m
- Website: https://www.remaxholdings.com
Number of Employees
- RE/MAX Holdings, Inc.
- 5075 South Syracuse Street
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/18 00:00|
|End of Day Share Price||2022/05/18 00:00|