|Bid||32.01 x 1200|
|Ask||32.06 x 1300|
|Day's Range||31.43 - 32.16|
|52 Week Range||24.67 - 44.16|
|Beta (3Y Monthly)||1.56|
|PE Ratio (TTM)||20.75|
|Earnings Date||Oct 31, 2019|
|Forward Dividend & Yield||0.84 (2.62%)|
|1y Target Est||34.71|
Some mixed news is out on the state of the housing market. Realtor.com finds in a new report that lower interest rates are bringing more buyers into the market, but inventories are coming down as more potential sellers decline to list. Realtor.com’s Chief Economist Danielle Hale joins Yahoo Finance’s Brian Sozzi to discuss.
September's Median Sales Price of $254,500 was a year-over-year increase of 4.5%, which is in line with the year-over-year average gain of 4.9% for 2019's first nine months. Of the 54 metro areas surveyed in September 2019, the overall average number of home sales is down 17.0% compared to August 2019, and up 8.1% compared to September 2018. Five metro areas increased year-over-year by double-digit percentages, with the largest increases seen in Detroit, MI at +15.6%, Birmingham, AL at +15.3%, and Charlotte, NC at +11.8%.
Harris' elevated role of focusing on the customer experience aligns perfectly with the teams she will continue to lead – Events, Strategic Alliances and EDR Travel. Events and EDR collaborate on more than 400 RE/MAX meetings, retreats, conferences, conventions and special events each year, while the Strategic Alliances group drives positive relationships between affiliates and over 115 companies in the RE/MAX Approved Supplier program.
DENVER , Oct. 2, 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, ...
2019 Franchise Times Top 200+ Survey Ranks U.S.-Based Franchisors DENVER , Oct. 1, 2019 /PRNewswire/ -- For the seventh straight year, RE/MAX, LLC, the #1 name in real estate*, was recognized as a top ...
DENVER, Sept. 17, 2019 /PRNewswire/ -- August 2019 existing home sales slipped 1.6% from a year ago, despite buyer demand exceeding available housing supply, according to the RE/MAX National Housing Report. Buyer demand outpaced homes listed for sale in August, causing the largest inventory decline in 13 months. An analysis of the report's 53 metro areas shows August inventory shrank 5.5% year-over-year, the largest drop since 7.8% in July 2018.
DENVER, Sept. 3, 2019 /PRNewswire/ -- RE/MAX Holdings, Inc. (RMAX), parent company of RE/MAX, one of the world's leading franchisors of real estate brokerage services, today announced industry veteran Nick Bailey has returned to the organization in the newly created position of Chief Customer Officer (CCO). Bailey, who most recently served as President and CEO of Century 21 Real Estate LLC, a subsidiary of Realogy, brings more than 23 years of real estate industry experience to his new role. "If anyone can help our Broker/Owners cut through the noise of a changing industry, it's Nick Bailey," said Adam Contos, RE/MAX CEO.
A drop in home sales from June to July is typical in the report's 53 metro areas. "July sales snapped back after a tepid June, as attractive low interest rates appear to have brought more buyers into the mix," said RE/MAX CEO Adam Contos. "The housing market has been a bit uneven since the early spring, with each encouraging month seemingly followed by one with lukewarm results.
DENVER, Aug. 7, 2019 /PRNewswire/ -- RE/MAX, LLC, one of the world's leading franchisors of real estate brokerage services, has launched branded digital stickers available on messaging and social media channels for RE/MAX affiliates at no additional cost. The RE/MAX Digital Sticker Pack is the latest digital offering for the Network's agents and brokers following the launch of the booj Platform productivity suite earlier this week. The innovative mobile marketing campaign delivers animated stickers to agents, homebuyers and home sellers and serves as a fun and unique communications tool for agents to stay top of mind with clients.
CHICAGO, Aug. 5, 2019 /PRNewswire/ -- Less than two years after acquiring the award-winning web development and software firm booj, RE/MAX, LLC today announced the launch of the booj Platform, an integrated suite of digital products that will empower high-producing agents, teams and brokers to proactively establish, manage and grow client relationships. Developed by booj engineers in collaboration with thousands of RE/MAX affiliates, the booj Platform is focused on delivering a better customer experience by streamlining the work of agents, from lead generation to post-close nurturing and beyond. RE/MAX understands real estate is a local business and these sites are designed to position RE/MAX affiliates as local experts.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of RE/MAX, LLC and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
RE/MAX (RMAX) delivered earnings and revenue surprises of 10.17% and -0.06%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
DENVER , Aug. 1, 2019 /PRNewswire/ -- Second Quarter 2019 Highlights (Compared to second quarter 2018 unless otherwise noted) Total agent count increased 3.2% to 127,020 agents U.S. and Canada combined ...