RE/MAX (NYSE:RMAX - Get Free Report) is expected to be releasing its earnings data after the market closes on Thursday, February 20th. Analysts expect RE/MAX to post earnings of $0.29 per share and revenue of $74.34 million for the quarter. Parties that wish to listen to the company's conference call can do so using this link.
RE/MAX Stock Up 0.5 %
NYSE:RMAX traded up $0.06 during mid-day trading on Monday, reaching $10.12. 75,874 shares of the stock were exchanged, compared to its average volume of 120,501. RE/MAX has a 1 year low of $6.94 and a 1 year high of $14.31. The company has a 50 day simple moving average of $10.55 and a 200-day simple moving average of $11.28. The stock has a market capitalization of $190.87 million, a P/E ratio of -18.73 and a beta of 1.37.
Analyst Ratings Changes
Separately, StockNews.com upgraded shares of RE/MAX from a "hold" rating to a "buy" rating in a research note on Thursday, November 28th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company's stock. According to data from MarketBeat, RE/MAX has a consensus rating of "Hold" and an average price target of $9.17.
Get Our Latest Report on RMAX
Insider Transactions at RE/MAX
In other RE/MAX news, major shareholder Adam K. Peterson purchased 29,455 shares of RE/MAX stock in a transaction dated Wednesday, December 18th. The stock was acquired at an average cost of $10.82 per share, with a total value of $318,703.10. Following the acquisition, the insider now directly owns 3,207,495 shares of the company's stock, valued at $34,705,095.90. This represents a 0.93 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders have bought a total of 69,889 shares of company stock worth $729,432 over the last ninety days. 5.99% of the stock is currently owned by company insiders.
About RE/MAX
(
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.
Featured Stories
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
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know? MarketBeat just compiled its list of the twelve stocks that corporate insiders are abandoning. Complete the form below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
