|Bid||32.17 x 800|
|Ask||32.20 x 800|
|Day's Range||31.67 - 32.22|
|52 Week Range||27.84 - 56.77|
|Beta (3Y Monthly)||1.17|
|PE Ratio (TTM)||21.56|
|Earnings Date||Jul 31, 2019 - Aug 5, 2019|
|Forward Dividend & Yield||0.84 (1.94%)|
|1y Target Est||42.14|
Re/Max Holdings Inc NYSE:RMAXView full report here! Summary * Bearish sentiment is moderate and increasing Bearish sentimentShort interest | NeutralShort interest is moderate for RMAX with between 5 and 10% of shares outstanding currently on loan. This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on May 7. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold RMAX had net inflows of $654 million over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is strong relative to the trend shown over the past year, but is easing. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
DENVER, May 17, 2019 /PRNewswire/ -- April home sales finished just 1% below a year ago as selling times shortened and tight inventory held steady, according to the RE/MAX National Housing Report. At the same time, inventory increased 0.8% and marked the seventh consecutive month of year-over-year growth in number of homes for sale. The Months Supply of Inventory in April dropped year-over-year from 3.0 to 2.6.
Re/Max Holdings Inc. said late Monday it is dropping its referral program with Redfin Corp. because of the online real-estate company's move to encourage home purchases without an agent. "Consumers faced with the largest, most complex financial transaction of their lives should have a knowledgeable professional to guide and advise them," Re/Max said in a statement. Because of Redfin's recent announcement of a program to make real-estate agents optional in the home buying process, Re/Max said: "We have begun the process of dissolving our exclusive referral agreement with them beginning today." With the exclusive agreement gone, Redfin said it can now enroll agents from other brokerages in its partner program, and said it understood Re/Max's concerns about its Redfin Direct program. "Redfin understands this concern, as we employ thousands of licensed professionals and believe the vast majority of homebuyers need professional advice, and will happily pay for it." Redfin said in a statement. "But we also have a duty to get as many offers for our customers' listings as we possibly can, and to give those listing customers the best value." Both shares of Re/Max and Redfin were flat in after hours trading.
DENVER, May 13, 2019 /PRNewswire/ -- RE/MAX strongly believes the role of a real estate agent in the homebuying and selling process is more important than ever. Consumers faced with the largest, most complex financial transaction of their lives should have a knowledgeable professional to guide and advise them. Given Redfin's recent announcement regarding a program that would encourage buyers not to use agents on listings where the seller is represented by Redfin, we cannot continue with an official, corporate-level relationship at this time.
An LLC managed by Cooper Brantley Jr. of Greensboro bought the office building that houses Smith Leonard Accountants and Consultants at 4035 Premier Drive in High Point.
"October lived up to its scary reputation—the S&P 500 falling in the month by the largest amount in the last 40 years, the only worse Octobers being '08 and the Crash of '87\. For perspective, there have been only 5 occasions in those 40 years when the S&P 500 declined by greater than 20% from […]
Jones Lang LaSalle (JLL) Q1 results reflect decent organic Real Estate Services revenue growth, driven by Leasing and Corporate Solutions.
RE/MAX (RMAX) delivered earnings and revenue surprises of 0.00% and 9.08%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?
On a per-share basis, the Denver-based company said it had net income of 25 cents. Earnings, adjusted for one-time gains and costs, were 48 cents per share. The results met Wall Street expectations. The ...
DENVER , May 2, 2019 /PRNewswire/ -- First Quarter 2019 Highlights (Compared to first quarter 2018 unless otherwise noted) Total agent count increased 3.9% to 125,532 agents U.S. and Canada combined ...
DENVER, May 1, 2019 /PRNewswire/ -- RE/MAX Holdings, Inc. (RMAX), parent company of RE/MAX, LLC, one of the world's leading franchisors of real estate brokerage services, and of Motto Mortgage, an innovative mortgage brokerage franchise, announced today that its Board of Directors declared a quarterly cash dividend of $0.21 per share of Class A common stock. RE/MAX Holdings, Inc. (RMAX) is one of the world's leading franchisors in the real estate industry, franchising real estate brokerages globally under the RE/MAX® brand, and mortgage brokerages within the U.S. under the Motto® Mortgage brand. RE/MAX was founded in 1973 by David and Gail Liniger, with an innovative, entrepreneurial culture affording its agents and franchisees the flexibility to operate their businesses with great independence.
RE/MAX (RMAX) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Housing activity in the report's 54 markets nationwide also saw the Median Sales price grow by 3.4% year-over-year – notably smaller than the year-over-year increases in February (5.5%) and January (4.6%). However, the median sales price has risen by more than 3% year-over-year in 17 of the last 18 months. March 2019's month-over-month increase of 28.8% was the smallest since 24.6% in 2014. Days on Market increased to 59 from 57 last March, while Months Supply of Inventory declined year-over-year to 2.7 from 3.0.
DENVER , April 5, 2019 /PRNewswire/ -- RE/MAX Holdings, Inc. (the "Company") (NYSE: RMAX), parent company of RE/MAX, one of the world's leading franchisors of real estate brokerage services, ...
DENVER, March 27, 2019 /PRNewswire/ -- For the ninth consecutive year, the 2019 REAL Trends 500 survey—one of the most widely followed reports in the real estate industry—showed RE/MAX agents at participating brokerages outsold competing agents on average by more than 2-to-1*, averaging 16.3 transaction sides, compared to an average of 7.1 for agents from all other participating large brokerages. "In an industry where world-class customer service matters, RE/MAX agents continue to deliver," said RE/MAX CEO Adam Contos. "As part of a network of 125,000 agents in more than 110 countries and territories, RE/MAX brokerages that qualified for the REAL Trends 500 report embrace innovative tools, training and technology to stand out from the competition.
Taking its relationship with Redfin's partner program a step ahead, RE/MAX Holdings' (RMAX) agents will now receive customer referrals at nearly 5,000 U.S. postal codes.
At the same time, inventory grew 5.8% over February of 2018, marking the fifth consecutive month of growth following a decade-long trend of shrinking inventory. The Months Supply of Inventory also grew in February from 3.1 in 2018 to 3.4 this year. Bucking these trends, the Median Sales Price increased to $240,000, a year-over-year gain of 5.5% and a February record in the 10-year history of the report.