RE/MAX (NYSE:RMAX - Get Free Report) is set to post its quarterly earnings results after the market closes on Thursday, October 31st. Analysts expect RE/MAX to post earnings of $0.35 per share for the quarter. Parties that are interested in participating in the company's conference call can do so using this link.
RE/MAX (NYSE:RMAX - Get Free Report) last issued its quarterly earnings data on Thursday, August 8th. The financial services provider reported $0.33 earnings per share for the quarter, topping the consensus estimate of $0.22 by $0.11. RE/MAX had a negative return on equity of 35.12% and a negative net margin of 22.26%. The company had revenue of $78.45 million during the quarter, compared to analyst estimates of $78.16 million. On average, analysts expect RE/MAX to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
RE/MAX Stock Up 0.8 %
NYSE:RMAX traded up $0.10 on Thursday, reaching $11.95. The company's stock had a trading volume of 196,934 shares, compared to its average volume of 269,201. RE/MAX has a 12-month low of $6.94 and a 12-month high of $13.70. The stock has a 50 day moving average price of $11.77 and a 200 day moving average price of $9.60. The firm has a market cap of $225.38 million, a price-to-earnings ratio of -3.05 and a beta of 1.36.
Analyst Upgrades and Downgrades
A number of equities research analysts have weighed in on the stock. Stephens lifted their price target on shares of RE/MAX from $9.00 to $10.50 and gave the company an "equal weight" rating in a research report on Monday, August 12th. StockNews.com upgraded RE/MAX from a "hold" rating to a "buy" rating in a research note on Tuesday, September 10th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company's stock. Based on data from MarketBeat, RE/MAX has an average rating of "Hold" and an average target price of $11.90.
Get Our Latest Report on RE/MAX
RE/MAX Company Profile
(
Get Free Report)
RE/MAX Holdings, Inc operates as a franchisor of real estate 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.
Read More
Before you consider RE/MAX, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and RE/MAX wasn't on the list.
While RE/MAX currently has a "Reduce" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
