RE/MAX(RMAX)

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Should Value Investors Buy REMAX (RMAX) Stock?
ZACKS· 2024-08-29 14:41
While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies. Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use fu ...
Fast-paced Momentum Stock RE/MAX (RMAX) Is Still Trading at a Bargain
ZACKS· 2024-08-29 13:51
Momentum investing is essentially an exception to the idea of "buying low and selling high." Investors following this style of investing are usually not interested in betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time. Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves ahead ...
RE/MAX(RMAX) - 2024 Q2 - Earnings Call Transcript
2024-08-09 19:07
RE/MAX Holdings, Inc. (RMAX) Q2 2024 Earnings Conference Call August 9, 2024 8:30 AM ET Company Participants Andy Schulz - Senior Vice President-Investor Relations Erik Carlson - Chief Executive Officer Karri Callahan - Chief Financial Officer Amy Lessinger - President, RE/MAX, LLC Conference Call Participants Soham Bhonsle - BTIG Anthony Paolone - JPMorgan Tommy Mcjoynt-Griffith - KBW Stephen Sheldon - William Blair Matthew Erdner - Jones Trading Ryan McKeveny - Zelman & Associates Ronald Kamdem - Morgan S ...
RE/MAX (RMAX) Reports Q2 Earnings: What Key Metrics Have to Say
ZACKS· 2024-08-08 23:30
RE/MAX (RMAX) reported $78.45 million in revenue for the quarter ended June 2024, representing a yearover-year decline of 4.9%. EPS of $0.41 for the same period compares to $0.40 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $78.16 million, representing a surprise of +0.37%. The company delivered an EPS surprise of +17.14%, with the consensus EPS estimate being $0.35. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how th ...
RE/MAX (RMAX) Q2 Earnings and Revenues Surpass Estimates
ZACKS· 2024-08-08 22:41
RE/MAX (RMAX) came out with quarterly earnings of $0.41 per share, beating the Zacks Consensus Estimate of $0.35 per share. This compares to earnings of $0.40 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 17.14%. A quarter ago, it was expected that this franchisor of residential real estate brokerages would post earnings of $0.17 per share when it actually produced earnings of $0.20, delivering a surprise of 17.65%. Over the ...
RE/MAX(RMAX) - 2024 Q2 - Quarterly Report
2024-08-08 20:18
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended June 30, 2024. OR ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission file number: 001-36101 RE/MAX Holdings, Inc. (Exact name of registrant as specified in its charter) Delaware 80-0937145 (State or other jurisdiction of inc ...
RE/MAX(RMAX) - 2024 Q2 - Quarterly Results
2024-08-08 20:10
Exhibit 99.1 RE/MAX HOLDINGS, INC. REPORTS SECOND QUARTER 2024 RESULTS Total Revenue of $78.5 Million, Adjusted EBITDA of $28.1 Million DENVER, August 8, 2024 Second Quarter 2024 Highlights (Compared to second quarter 2023 unless otherwise noted) § Total Revenue decreased 4.8% to $78.5 million § Revenue excluding the Marketing Funds decreased 4.8% to $58.4 million, driven by negative 4.5% organic growth and 0.3% adverse foreign currency movements § Net income attributable to RE/MAX Holdings, Inc. of $3.7 mi ...
Nearly Two-Thirds of Gen Z and Millennials Are Ready to Become Homeowners, Prices Are Holding Them Back
Prnewswire· 2024-07-25 12:15
Gen Z and Millennials are planning to use real estate agents when buying or selling a home to help guide them through the housing market and homebuying and selling process Methodology: Data is based on a survey conducted in partnership with Pollfish and fielded May 21, 2024, among 750 Gen Z (ages 18-27) and 750 Millennials (ages 28-44) in the U.S., who plan to purchase their first home in the next 12 months. As one of the leading global real estate franchisors, RE/MAX, LLC is a subsidiary of RE/MAX Holdings ...
RE/MAX NATIONAL HOUSING REPORT FOR JUNE 2024
Prnewswire· 2024-07-17 12:36
Inventory Continues to Increase Amid Modest Median Price Growth and Home Sales Decline "It's good to see inventory levels rising, as more listings represent more options for buyers," said Amy Lessinger, President of RE/MAX, LLC. "Given the decline in sales, it's evident that buyers are sensitive to interest rates, highlighting the need for lower rates to stimulate significant growth in market activity." New Listings Closed Transactions | --- | --- | |-----------------|-----------------------| | | | | | | | ...
RE/MAX HOLDINGS, INC. TO RELEASE SECOND QUARTER 2024 RESULTS ON AUGUST 8, 2024
Prnewswire· 2024-07-11 20:10
DENVER, July 11, 2024 /PRNewswire/ -- RE/MAX Holdings, Inc. (NYSE:RMAX), parent company of RE/MAX, one of the world's leading franchisors of real estate brokerage services, and Motto Mortgage, the first and only national mortgage brokerage franchise brand in the U.S., will release financial results for the quarter ended June 30, 2024, after market close on Thursday, August 8, 2024, and will host a conference call and webcast for interested parties on Friday, August 9, 2024, at 8:30 a.m. Eastern Time. Please ...