|Bid||29.14 x 800|
|Ask||29.17 x 800|
|Day's Range||28.64 - 29.31|
|52 Week Range||27.84 - 54.95|
|Beta (3Y Monthly)||1.53|
|PE Ratio (TTM)||19.55|
|Earnings Date||Aug 1, 2019|
|Forward Dividend & Yield||0.84 (2.91%)|
|1y Target Est||42.83|
DENVER, July 17, 2019 /PRNewswire/ -- Typically the strongest month for home sales, June saw closings decline 4.7% from May and 7.8% from June 2018, according to the RE/MAX National Housing Report. Going in the opposite direction, June's Median Sales Price of $276,000 was an all-time high in the 10-year history of the report. "Record prices appear to have kept June sales figures from topping a strong May," said RE/MAX CEO Adam Contos.
DENVER , July 9, 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, July 9, 2019 /PRNewswire/ -- RE/MAX, the world's most productive real estate network*, had more agents recognized than any other real estate brand for the annual ranking of "America's Best Real Estate Professionals" by REAL Trends + Tom Ferry. "The unwavering strength of the RE/MAX network is rooted in our brokers and agents, the stars of the real estate industry," said Adam Contos, CEO of RE/MAX. "RE/MAX has more of 'America's Best' real estate professionals in our network than any other real estate brand.
All the long-promised changes in residential real estate are finally upon us, says one analyst in a recent note, changing his outlook on the stocks under his coverage.
At the same time, inventory grew for the eighth consecutive month, representing the most units for sale since August 2016 in the report's 54 metro areas. Homes sold quickly, as evident in the Days on Market average of 47 – the second-fastest May average in the 10-year history of the report. The Median Sales Price of $259,500 was up 3.4% year-over-year, representing the lowest May increase since 2011.
DENVER , June 11, 2019 /PRNewswire/ -- RE/MAX Holdings, Inc. (NYSE: RMAX), parent company of RE/MAX, LLC, one of the world's leading franchisors of real estate brokerage services, and of Motto Mortgage, ...
Re/Max Holdings Inc NYSE:RMAXView full report here! Summary * Bearish sentiment is low and declining * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | PositiveShort interest is low for RMAX with fewer than 5% of shares on loan. Additionally, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on June 6. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold RMAX had net inflows of $432 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 | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.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.
Forward-looking statements are based on information available at the time those statements are made and the good faith belief as of that time with respect to future events and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Such risks and uncertainties include, without limitation, (1) changes in the real estate market or interest rates and availability of financing, (2) changes in business and economic activity in general, (3) volatility in RE/MAX's stock price, which may decline regardless of the company's operating performance, (4) fluctuations in RE/MAX's operating results, and those risks and uncertainties described in the sections entitled "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in the most recent Annual Report on Form 10-K of RE/MAX filed with the Securities and Exchange Commission ("SEC") and similar disclosures in subsequent periodic and current reports filed with the SEC, which are available on the investor relations page of RE/MAX's website at www.remax.com and on the SEC website at www.sec.gov. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date on which they are made.
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.