RMAX - RE-MAX Holdings Inc Stock Price, Fair Value and News

9.69USD-0.21 (-2.12%)Market Closed

Market Summary

USD9.69-0.21

Market Closed

-2.12%

RMAX Stock Price

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RMAX RSI Chart

RMAX Valuation

Market Cap

127.2M

Price/Earnings (Trailing)

-1.79

Price/Sales (Trailing)

0.4

EV/EBITDA

18.57

Price/Free Cashflow

3.89

RMAX Price/Sales (Trailing)

RMAX Profitability

EBT Margin

-14.24%

Return on Equity

91.3%

Return on Assets

-12.54%

Free Cashflow Yield

25.69%

RMAX Fundamentals

RMAX Revenue

Revenue (TTM)

318.6M

Rev. Growth (Yr)

-8.33%

Rev. Growth (Qtr)

2.2%

RMAX Earnings

Earnings (TTM)

-71.1M

Earnings Growth (Yr)

-393.81%

Earnings Growth (Qtr)

70.89%

Breaking Down RMAX Revenue

Last 7 days

1.3%

Last 30 days

37.5%

Last 90 days

1.2%

Trailing 12 Months

-49.5%

How does RMAX drawdown profile look like?

RMAX Financial Health

Current Ratio

1.21

Debt/Equity

-5.64

Debt/Cashflow

0.08

RMAX Investor Care

Dividend Yield

7.12%

Dividend/Share (TTM)

0.69

Diluted EPS (TTM)

-3.81

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	318.6M	0	0	0
2023	347.8M	338.1M	330.3M	325.7M
2022	348.4M	363.3M	361.3M	353.4M
2021	268.0M	293.1M	313.0M	329.7M
2020	281.4M	262.2M	261.7M	266.0M
2019	231.2M	248.3M	264.9M	282.3M
2018	198.9M	204.5M	210.3M	212.6M
2017	180.8M	186.1M	189.6M	193.7M
2016	175.6M	174.7M	175.2M	176.3M
2015	173.3M	175.3M	176.2M	176.9M
2014	161.7M	164.7M	168.7M	171.0M
2013	147.8M	151.8M	153.7M	158.9M
2012	139.6M	141.0M	142.3M	143.7M
2011	0	0	0	138.3M

Get all data in R, Python etc through our Historical Stock Data APIs

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Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of RE-MAX Holdings Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 18, 2024	peterson adam k	bought	412,560	7.64	54,000	-
Mar 14, 2024	winders susan l	sold	-36,197	8.42	-4,299	evp, general counsel
Mar 13, 2024	lee abigail c.	sold	-38,287	8.5084	-4,500	evp, marketing, comms, events
Mar 01, 2024	smith serene m.	sold (taxes)	-	-	-10,361	chief of staff & coo
Mar 01, 2024	smith serene m.	acquired	-	-	97,822	chief of staff & coo
Mar 01, 2024	keith-lessinger amy m.	acquired	-	-	76,595	president, re/max, llc
Mar 01, 2024	lee abigail c.	sold (taxes)	-	-	-2,836	evp, marketing, comms, events
Mar 01, 2024	morrison ward m.	sold (taxes)	-	-	-9,347	pres. & ceo - motto & wemlo
Mar 01, 2024	bailey nicholas r	acquired	-	-	2,083	departing officer
Mar 01, 2024	bailey nicholas r	sold (taxes)	-	-	-3,806	departing officer

Which funds bought or sold RMAX recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	JANE STREET GROUP, LLC	reduced	-76.1	-575,111	107,319	-%
May 16, 2024	COMERICA BANK	unchanged	-	-830	1,596	-%
May 16, 2024	Pineridge Advisors LLC	sold off	-100	-107	-	-%
May 16, 2024	B. Riley Wealth Advisors, Inc.	added	99.86	168,163	347,038	0.01%
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-38.92	-22,946	15,418	-%
May 15, 2024	Aquatic Capital Management LLC	sold off	-100	-67,000	-	-%
May 15, 2024	Engineers Gate Manager LP	added	23.54	-48,341	209,901	0.01%
May 15, 2024	Cubist Systematic Strategies, LLC	added	58.04	62,294	1,629,310	0.01%
May 15, 2024	ALGERT GLOBAL LLC	new	-	132,000	132,000	-%
May 15, 2024	MILLENNIUM MANAGEMENT LLC	added	81.18	511,476	3,175,140	-%

Are Funds Buying or Selling RMAX?

Are funds buying RMAX calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own RMAX

No. of Funds

Unveiling RE-MAX Holdings Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	magnolia capital fund, lp	16.4%	2,983,843	SC 13G/A
Feb 14, 2024	rpd fund management llc	6.0%	1,102,241	SC 13G/A
Feb 13, 2024	hotchkis & wiley capital management llc	5.80%	1,057,780	SC 13G
Feb 13, 2024	renaissance technologies llc	4.45%	811,100	SC 13G/A
Feb 13, 2024	vanguard group inc	5.63%	1,027,031	SC 13G/A
Feb 09, 2024	dimensional fund advisors lp	5.8%	1,048,674	SC 13G/A
Jan 25, 2024	blackrock inc.	8.7%	1,592,336	SC 13G/A
Dec 08, 2023	vanguard group inc	5.48%	999,773	SC 13G/A
Oct 06, 2023	blackrock inc.	8.0%	1,451,895	SC 13G/A
Feb 14, 2023	magnolia capital fund, lp	13.0%	2,371,051	SC 13G/A

Recent SEC filings of RE-MAX Holdings Inc

View All Filings

Date Filed	Form Type	Document
May 15, 2024	4	Insider Trading
May 09, 2024	8-K	Current Report
May 02, 2024	10-Q	Quarterly Report
May 02, 2024	8-K	Current Report
Apr 11, 2024	ARS	ARS
Apr 11, 2024	DEF 14A	DEF 14A
Apr 11, 2024	DEFA14A	DEFA14A
Mar 21, 2024	8-K	Current Report
Mar 20, 2024	4	Insider Trading
Mar 15, 2024	4	Insider Trading

RE-MAX Holdings Inc News

Latest updates

RE-MAX Holdings Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	2.2%	78.00	77.00	81.00	82.00	85.00	81.00	89.00	92.00	91.00	89.00	91.00	77.00	72.00	72.00	71.00	52.00	70.00	68.00	72.00	71.00	71.00
Operating Expenses	-14.5%	74.00	86.00	102	69.00	78.00	73.00	84.00	75.00	83.00	79.00	129	64.00	69.00	66.00	60.00	44.00	59.00	58.00	48.00	49.00	58.00
S&GA Expenses	16.8%	46.00	39.00	43.00	40.00	49.00	36.00	50.00	41.00	48.00	46.00	51.00	39.00	44.00	41.00	28.00	25.00	35.00	35.00	24.00	26.00	34.00
EBITDA Margin	-9.2%	0.07*	0.08*	0.14*	0.21*	0.21*	0.21*	0.21*	0.09*	0.08*	0.06*	0.05*	0.21*	0.21*	-	-	-	-	-	-	-	-
Interest Expenses	-1.2%	9.00	9.00	9.00	9.00	8.00	7.00	6.00	4.00	4.00	4.00	3.00	2.00	2.00	2.00	2.00	2.00	3.00	3.00	3.00	3.00	3.00
Income Taxes	232.0%	2.00	0.00	54.00	2.00	0.00	3.00	1.00	3.00	1.00	1.00	1.00	1.00	-0.05	3.00	2.00	1.00	4.00	2.00	3.00	3.00	2.00
Earnings Before Taxes	77.1%	-4.10	-17.93	-28.99	6.00	-0.29	1.00	-0.36	13.00	4.00	7.00	-41.57	11.00	2.00	5.00	9.00	7.00	9.00	8.00	21.00	19.00	10.00
EBT Margin	-11.6%	-0.14*	-0.13*	-0.07*	0.02*	0.04*	0.05*	0.06*	-0.05*	-0.06*	-0.07*	-0.08*	0.09*	0.08*	-	-	-	-	-	-	-	-
Net Income	70.9%	-3.35	-11.52	-59.45	3.00	-0.68	-4.28	0.00	10.00	3.00	0.00	-25.15	10.00	2.00	1.00	4.00	6.00	5.00	3.00	9.00	9.00	4.00
Net Income Margin	-6.2%	-0.22*	-0.21*	-0.19*	0.00*	0.02*	0.03*	0.04*	-0.03*	-0.03*	-0.04*	-0.04*	0.06*	0.05*	-	-	-	-	-	-	-	-
Free Cashflow	8.6%	9.00	9.00	17.00	-1.16	3.00	9.00	22.00	22.00	16.00	25.00	-14.03	9.00	20.00	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-1.8%	567	577	598	655	673	695	727	747	764	776	779	550	558	546	543	528	538	531	532	524	526
Current Assets	-0.5%	176	177	173	167	177	193	207	210	211	211	202	169	171	166	148	139	145	143	151	138	136
Cash Equivalents	54.2%	127	83.00	90.00	97.00	97.00	109	149	154	155	158	145	122	124	121	105	99.00	105	104	107	96.00	98.00
Net PPE	3.5%	9.00	9.00	8.00	9.00	9.00	10.00	10.00	10.00	10.00	13.00	12.00	10.00	9.00	8.00	6.00	5.00	6.00	5.00	5.00	6.00	6.00
Goodwill	-0.5%	240	241	259	260	259	259	265	268	270	269	268	176	176	165	176	162	162	149	151	151	151
Liabilities	-1.3%	645	653	661	631	650	664	680	683	694	707	713	430	444	445	431	426	438	444	431	432	442
Current Liabilities	-3.0%	145	149	151	93.00	108	120	128	127	134	146	141	107	119	117	103	97.00	104	107	91.00	89.00	95.00
Long Term Debt	-0.2%	439	440	441	442	443	444	445	446	447	447	448	220	221	221	222	222	223	223	224	224	225
LT Debt, Current	0%	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	2.00	2.00	2.00	2.00	3.00	3.00	3.00	3.00	3.00	3.00
LT Debt, Non Current	-100.0%	-	440	441	442	443	444	445	446	447	447	448	220	221	221	222	222	223	223	224	224	225
Shareholder's Equity	-118.9%	-77.85	411	417	24.00	23.00	481	47.00	64.00	70.00	69.00	66.00	110	103	102	101	91.00	89.00	87.00	100	92.00	84.00
Retained Earnings	-2.8%	-144	-140	-129	-65.30	-63.14	-54.00	-38.16	-21.96	-12.81	-7.82	-6.58	22.00	21.00	26.00	28.00	28.00	29.00	31.00	32.00	27.00	22.00
Additional Paid-In Capital	1.0%	556	551	546	542	539	536	532	526	522	515	510	503	499	491	486	473	471	467	462	463	463
Accumulated Depreciation	5.3%	14.00	13.00	-	-	-	-	-	-	-	-	16.00	16.00	15.00	15.00	16.00	16.00	15.00	15.00	15.00	14.00	14.00
Minority Interest	-0.6%	-489	-487	-480	-453	-452	-449	-446	-440	-440	-439	-438	-405	-406	-416	-401	-400	-399	-411	-394	-398	-401
Float	-	-	-	-	342	-	-	-	448	-	-	-	612	-	-	-	554	-	-	-	534	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	8.6%	9,381	8,639	17,383	-822	3,064	9,756	22,467	22,417	16,502	25,798	-13,695	9,507	20,832	27,376	27,148	2,674	13,649	23,788	22,204	10,542	22,441
Share Based Compensation	8.0%	5,923	5,486	4,891	4,708	4,451	4,038	7,834	4,535	5,637	6,983	9,008	6,253	12,054	7,920	3,414	2,747	2,186	6,074	-987	1,796	4,051
Cashflow From Investing	-17.2%	-2,430	-2,073	-1,173	-1,103	-1,294	-1,635	-3,721	-2,421	-3,723	-2,451	-184,920	-3,170	-4,381	-2,328	-12,100	-1,137	-1,965	-18,078	-2,715	-3,438	23,355
Cashflow From Financing	-79.4%	-4,353	-2,426	-9,193	-8,349	-15,849	-19,750	-21,694	-20,851	-16,068	-9,790	221,835	-9,055	-13,638	-8,929	-9,652	-7,438	-9,980	-8,984	-8,688	-9,029	-7,841
Dividend Payments	859.0%	585	61.00	4,497	4,171	4,824	4,217	4,418	4,427	5,124	4,345	4,345	4,345	4,798	4,104	3,988	3,987	4,275	3,776	3,776	3,740	3,782
Buy Backs	-	-	-	-	-	3,408	10,306	11,929	10,552	1,314	-	-	-	-	-	-	-	-	-	-	-	-

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RMAX Income Statement

2024-03-31

Condensed Consolidated Statements of Income (Loss) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenue:
Total revenue	$ 78,287	$ 85,401
Operating expenses:
Selling, operating and administrative expenses	45,705	49,115
Marketing Funds expenses	20,206	21,342
Depreciation and amortization	7,852	8,033
Total operating expenses	73,763	78,490
Operating income (loss)	4,524	6,911
Other expenses, net:
Interest expense	(9,256)	(8,245)
Interest income	1,001	1,004
Foreign currency transaction gains (losses)	(372)	43
Total other expenses, net	(8,627)	(7,198)
Income (loss) before provision for income taxes	(4,103)	(287)
Provision for income taxes	(1,504)	(392)
Net income (loss)	(5,607)	(679)
Less: net income (loss) attributable to non-controlling interest	(2,254)	(8)
Net income (loss) attributable to RE/MAX Holdings, Inc.	$ (3,353)	$ (671)
Common Class A
Net income (loss) attributable to RE/MAX Holdings, Inc. per share of Class A common stock
Basic	$ (0.18)	$ (0.04)
Diluted	$ (0.18)	$ (0.04)
Weighted average shares of Class A common stock outstanding
Basic	18,481,848	17,916,841
Diluted	18,481,848	17,916,841
Cash dividends declared per share of Class A common stock		$ 0.23
Continuing franchise fees
Revenue:
Total revenue	$ 31,085	$ 32,076
Annual dues
Revenue:
Total revenue	8,225	8,618
Broker fees
Revenue:
Total revenue	10,716	10,892
Marketing Funds fees
Revenue:
Total revenue	20,206	21,342
Franchise sales and other revenue
Revenue:
Total revenue	$ 8,055	$ 12,473

RMAX Balance Sheet

2024-03-31

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 82,077	$ 82,623
Restricted cash	45,359	43,140
Accounts and notes receivable, current portion, net of allowances	33,182	33,427
Income taxes receivable	2,015	1,706
Other current assets	13,100	15,669
Total current assets	175,733	176,565
Property and equipment, net of accumulated depreciation	8,936	8,633
Operating lease right of use assets	21,710	23,013
Franchise agreements, net	95,841	101,516
Other intangible assets, net	18,126	19,176
Goodwill	239,930	241,164
Other assets, net of current portion	6,446	7,083
Total assets	566,722	577,150
Current liabilities:
Accounts payable	3,074	4,700
Accrued liabilities	104,385	107,434
Income taxes payable	1,286	766
Deferred revenue	23,214	23,077
Current portion of debt	4,600	4,600
Current portion of payable pursuant to tax receivable agreements	285	822
Operating lease liabilities	8,028	7,920
Total current liabilities	144,872	149,319
Debt, net of current portion	439,044	439,980
Deferred tax liabilities	10,499	10,797
Deferred revenue, net of current portion	16,911	17,607
Operating lease liabilities, net of current portion	29,358	31,479
Other liabilities, net of current portion	3,891	4,029
Total liabilities	644,575	653,211
Commitments and contingencies
Stockholders' equity (deficit):
Additional paid-in capital	556,285	550,637
Accumulated deficit	(144,155)	(140,217)
Accumulated other comprehensive income (deficit), net of tax	(105)	638
Total stockholders' equity attributable to RE/MAX Holdings, Inc.	412,027	411,060
Non-controlling interest	(489,880)	(487,121)
Total stockholders' equity (deficit)	(77,853)	(76,061)
Total liabilities and stockholders' equity (deficit)	566,722	577,150
Common Class A
Stockholders' equity (deficit):
Common stock	2	2
Common Class B
Stockholders' equity (deficit):
Common stock

About RE-MAX Holdings Inc

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.

CEO	Mr. Stephen P. Joyce
WEBSITE	remaxholdings.com
INDUSTRY	Real Estate Services
EMPLOYEES	594

RE-MAX Holdings Inc Frequently Asked Questions

What is the ticker symbol for RE-MAX Holdings Inc? What does RMAX stand for in stocks?

RMAX is the stock ticker symbol of RE-MAX Holdings Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of RE-MAX Holdings Inc (RMAX)?

As of Fri May 17 2024, market cap of RE-MAX Holdings Inc is 127.18 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of RMAX stock?

You can check RMAX's fair value in chart for subscribers.

What is the fair value of RMAX stock?

You can check RMAX's fair value in chart for subscribers. The fair value of RE-MAX Holdings Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of RE-MAX Holdings Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for RMAX so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is RE-MAX Holdings Inc a good stock to buy?

The fair value guage provides a quick view whether RMAX is over valued or under valued. Whether RE-MAX Holdings Inc is cheap or expensive depends on the assumptions which impact RE-MAX Holdings Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for RMAX.

What is RE-MAX Holdings Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, RMAX's PE ratio (Price to Earnings) is -1.79 and Price to Sales (PS) ratio is 0.4. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. RMAX PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on RE-MAX Holdings Inc's stock?

In the past 10 years, RE-MAX Holdings Inc has provided -0.075 (multiply by 100 for percentage) rate of return.