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

7.05USD-0.04 (-0.56%)Market Closed

Market Summary

USD7.05-0.04

Market Closed

-0.56%

RMAX Alerts

1 major insider buys recently.

RMAX Stock Price

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RMAX RSI Chart

RMAX Valuation

Market Cap

158.0M

Price/Earnings (Trailing)

-2.31

Price/Sales (Trailing)

0.49

EV/EBITDA

17.78

Price/Free Cashflow

RMAX Price/Sales (Trailing)

RMAX Profitability

EBT Margin

-12.75%

Return on Equity

-16.64%

Return on Assets

-11.85%

Free Cashflow Yield

16.68%

RMAX Fundamentals

RMAX Revenue

Revenue (TTM)

325.7M

Rev. Growth (Yr)

-5.74%

Rev. Growth (Qtr)

-5.69%

RMAX Earnings

Earnings (TTM)

-68.4M

Earnings Growth (Yr)

-169.16%

Earnings Growth (Qtr)

80.62%

Breaking Down RMAX Revenue

Last 7 days

-8.4%

Last 30 days

-4.6%

Last 90 days

-30.0%

Trailing 12 Months

-62.4%

How does RMAX drawdown profile look like?

RMAX Financial Health

Current Ratio

1.18

Debt/Equity

1.07

Debt/Cashflow

0.06

RMAX Investor Care

Dividend Yield

9.79%

Dividend/Share (TTM)

0.69

Diluted EPS (TTM)

-3.81

Historical Charts for Stock Metrics

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

Net sales

Year	Q1	Q2	Q3	Q4
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

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
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

Try For Just $1.99

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
Apr 15, 2024	EXCHANGE TRADED CONCEPTS, LLC	added	50.17	-4,752	391,616	0.01%
Apr 09, 2024	MASSMUTUAL TRUST CO FSB/ADV	reduced	-95.59	-4,699	140	-%
Apr 05, 2024	NBC SECURITIES, INC.	new	-	1,000	1,000	-%
Apr 05, 2024	CWM, LLC	added	3.49	-4,000	8,000	-%
Apr 03, 2024	Versant Capital Management, Inc	unchanged	-	-141	272	-%
Mar 22, 2024	PNC FINANCIAL SERVICES GROUP, INC.	reduced	-79.56	-4,147	1,106	-%
Mar 15, 2024	B. Riley Wealth Advisors, Inc.	reduced	-49.96	-168,163	178,875	-%
Mar 11, 2024	VANGUARD GROUP INC	reduced	-44.95	-10,451,900	13,690,300	-%
Mar 01, 2024	GOLDMAN SACHS GROUP INC	added	9.94	340,196	2,907,190	-%
Mar 01, 2024	Pineridge Advisors LLC	new	-	107	107	-%

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

RMAX Alerts

1 major insider buys recently.

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
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
Mar 15, 2024	4	Insider Trading
Mar 13, 2024	8-K/A	Current Report
Mar 05, 2024	4	Insider Trading
Mar 05, 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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-5.7%	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	51.00
Operating Expenses	-15.6%	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	29.00
S&GA Expenses	-9.2%	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	30.00
EBITDA Margin	-39.8%	0.08*	0.14*	0.21*	0.21*	0.21*	0.21*	0.09*	0.08*	0.06*	0.05*	0.21*	0.21*	0.24*	-	-	-	-	-	-	-	-
Interest Expenses	0.8%	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	3.00
Income Taxes	-99.2%	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	8.00
Earnings Before Taxes	38.2%	-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	18.00
EBT Margin	-90.2%	-0.13*	-0.07*	0.02*	0.04*	0.05*	0.06*	-0.05*	-0.06*	-0.07*	-0.08*	0.09*	0.08*	0.11*	-	-	-	-	-	-	-	-
Net Income	80.6%	-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	6.00
Net Income Margin	-13.4%	-0.21*	-0.19*	0.00*	0.02*	0.03*	0.04*	-0.03*	-0.03*	-0.04*	-0.04*	0.06*	0.05*	0.06*	-	-	-	-	-	-	-	-
Free Cashflow	-50.3%	9.00	17.00	-1.16	3.00	9.00	22.00	22.00	16.00	25.00	-14.03	9.00	20.00	27.00	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	-3.5%	577	598	655	673	695	727	747	764	776	779	550	558	546	543	528	538	531	532	524	526	428
Current Assets	2.3%	177	173	167	177	193	207	210	211	211	202	169	171	166	148	139	145	143	151	138	136	88.00
Cash Equivalents	-8.0%	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	60.00
Net PPE	2.5%	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	4.00
Goodwill	-6.8%	241	259	260	259	259	265	268	270	269	268	176	176	165	176	162	162	149	151	151	151	140
Liabilities	-1.2%	653	661	631	650	664	680	683	694	707	713	430	444	445	431	426	438	444	431	432	442	353
Current Liabilities	-1.3%	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	47.00
Long Term Debt	-0.2%	440	441	442	443	444	445	446	447	447	448	220	221	221	222	222	223	223	224	224	225	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	2.00	2.00	2.00	2.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00
LT Debt, Non Current	-0.2%	440	441	442	443	444	445	446	447	447	448	220	221	221	222	222	223	223	224	224	225	225
Shareholder's Equity	-1.4%	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	63.00
Retained Earnings	-8.5%	-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	21.00
Additional Paid-In Capital	0.8%	551	546	542	539	536	532	526	522	515	510	503	499	491	486	473	471	467	462	463	463	460
Accumulated Depreciation	-	-	-	-	-	-	-	-	-	-	16.00	16.00	15.00	15.00	16.00	16.00	15.00	15.00	15.00	14.00	14.00	13.00
Shares Outstanding	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	18.00
Minority Interest	-1.5%	-487	-480	-453	-452	-449	-446	-440	-440	-439	-438	-405	-406	-416	-401	-400	-399	-411	-394	-398	-401	-405
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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-50.3%	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	19,042
Share Based Compensation	12.2%	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	3,035
Cashflow From Investing	-76.7%	-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	-2,471
Cashflow From Financing	73.6%	-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	-7,808
Dividend Payments	-98.6%	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	3,548
Buy Backs	-	-	-	-	3,408	10,306	11,929	10,552	1,314	-	-	-	-	-	-	-	-	-	-	-	-	-

RMAX Income Statement

2023-12-31

Consolidated Statements of Income (Loss) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenue:
Total revenue	$ 325,671	$ 353,386	$ 329,701
Operating expenses:
Selling, operating and administrative expenses	171,548	173,980	179,491
Marketing Funds expenses	83,861	90,319	82,391
Depreciation and amortization	32,414	35,769	31,333
Settlement and impairment charges	73,783	15,808	46,035
Gain on reduction in tax receivable agreement liability	(25,298)	(702)	382
Total operating expenses	336,308	315,174	339,632
Operating income (loss)	(10,637)	38,212	(9,931)
Other expenses, net:
Interest expense	(35,741)	(20,903)	(11,344)
Interest income	4,420	1,460	217
Foreign currency transaction gains (losses)	419	(641)	(839)
Loss on early extinguishment of debt			(264)
Total other expenses, net	(30,902)	(20,084)	(12,230)
Income (loss) before provision for income taxes	(41,539)	18,128	(22,161)
Provision for income taxes	(56,947)	(7,371)	(2,459)
Net income (loss)	(98,486)	10,757	(24,620)
Less: net income (loss) attributable to non-controlling interest	(29,464)	4,647	(9,004)
Net income (loss) attributable to RE/MAX Holdings, Inc.	$ (69,022)	$ 6,110	$ (15,616)
Common Class A
Net income (loss) attributable to RE/MAX Holdings, Inc. per share of Class A common stock
Basic	$ (3.81)	$ 0.33	$ (0.84)
Diluted	$ (3.81)	$ 0.32	$ (0.84)
Weighted average shares of Class A common stock outstanding
Basic	18,111,409	18,678,774	18,690,442
Diluted	18,111,409	18,844,696	18,690,442
Cash dividends declared per share of Class A common stock	$ 0.69	$ 0.92	$ 0.92
Continuing franchise fees
Revenue:
Total revenue	$ 127,384	$ 133,389	$ 118,504
Annual dues
Revenue:
Total revenue	33,904	35,676	35,549
Broker fees
Revenue:
Total revenue	51,012	62,939	65,456
Marketing Funds fees
Revenue:
Total revenue	83,861	90,319	82,391
Franchise sales and other revenue
Revenue:
Total revenue	$ 29,510	$ 31,063	$ 27,801

RMAX Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 82,623	$ 108,663
Restricted cash	43,140	29,465
Accounts and notes receivable, current portion, net of allowances	33,427	32,518
Income taxes receivable	1,706	2,138
Other current assets	15,669	20,178
Total current assets	176,565	192,962
Property and equipment, net of accumulated depreciation	8,633	9,793
Operating lease right of use assets	23,013	25,825
Franchise agreements, net	101,516	120,174
Other intangible assets, net	19,176	25,763
Goodwill	241,164	258,626
Deferred tax assets		51,441
Income taxes receivable, net of current portion		754
Other assets, net of current portion	7,083	9,896
Total assets	577,150	695,234
Current liabilities:
Accounts payable	4,700	6,165
Accrued liabilities	107,434	70,751
Income taxes payable	766	1,658
Deferred revenue	23,077	27,784
Current portion of debt	4,600	4,600
Current portion of payable pursuant to tax receivable agreements	822	1,642
Operating lease liabilities	7,920	7,068
Total current liabilities	149,319	119,668
Debt, net of current portion	439,980	443,720
Payable pursuant to tax receivable agreements, net of current portion		24,917
Deferred tax liabilities	10,797	13,113
Deferred revenue, net of current portion	17,607	18,287
Operating lease liabilities, net of current portion	31,479	37,989
Other liabilities, net of current portion	4,029	5,838
Total liabilities	653,211	663,532
Commitments and contingencies
Stockholders' equity (deficit):
Additional paid-in capital	550,637	535,566
Accumulated deficit	(140,217)	(53,999)
Accumulated other comprehensive income (deficit), net of tax	638	(395)
Total stockholders' equity attributable to RE/MAX Holdings, Inc.	411,060	481,174
Non-controlling interest	(487,121)	(449,472)
Total stockholders' equity (deficit)	(76,061)	31,702
Total liabilities and stockholders' equity (deficit)	577,150	695,234
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 Wed Apr 17 2024, market cap of RE-MAX Holdings Inc is 158.04 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 Wed Apr 17 2024, RMAX's PE ratio (Price to Earnings) is -2.31 and Price to Sales (PS) ratio is 0.49. 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 -0.108 (multiply by 100 for percentage) rate of return.