RE/MAX Holdings (NYSE:RMAX) Azioni

RE/MAX Hldgs

RE/MAX Holdings

RE/MAX Holdings Inc operates as a franchisor of real estate brokerage services. It recruits and retains agents and sells franchises. The company's operating segments include Real Estate, Mortgage, Marketing Funds, and Others. It generates maximum revenue from the Real Estate segment.

RE/MAX Holdings, Inc. Class A Common Stock

RE/MAX Holdings Inc

RE/MAX Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RMAX#NYSE">RMAX</a>) sees Q2 sales of $70.000 million-$75.000 million vs $75.43 million analyst estimate.

News

Guidance

RMAX

RE/MAX Holdings Sees Q2 Sales $70.000M-$75.000M vs $75.43M Est

RE/MAX Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RMAX#NYSE">RMAX</a>) affirms FY2025 sales outlook from $290.00 million-$310.00 million to $290.00 million-$310.00 million vs $296.59 million estimate.

RE/MAX Holdings Affirms FY2025 Sales Guidance of $290.00M-$310.00M vs $296.59M Est

RE/MAX Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RMAX#NYSE">RMAX</a>) reported quarterly earnings of $0.24 per share which beat the analyst consensus estimate of $0.18 by 33.33 percent. This is a 20 percent increase over earnings of $0.20 per share from the same period last year. The company reported quarterly sales of $74.47 million which beat the analyst consensus estimate of $73.11 million by 1.85 percent. This is a 4.88 percent decrease over sales of $78.29 million the same period last year.

Earnings

Earnings Beats

RE/MAX Hldgs Q1 Adj. EPS $0.24 Beats $0.18 Estimate, Sales $74.47M Beat $73.11M Estimate

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Earnings Scheduled For May 1, 2025

RE/MAX Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RMAX#NYSE">RMAX</a>) is preparing to release its quarterly earnings on Thursday, 2025-05-01. Here's a brief overview of what investors should keep in mind before the announcement.
Analysts expect RE/MAX Hldgs to report an earnings per share (EPS) of $0.17.
The market awaits RE/MAX Hldgs's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.
It's important for new investors to understand that guidance can be a significant driver of stock prices.
<h3>Earnings History Snapshot</h3>
Last quarter the company beat EPS by $0.01, which was followed by a 10.25% drop in the share price the next day.
Here's a look at RE/MAX Hldgs's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q4 2024</th>
<th>Q3 2024</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.29</td>
<td>0.36</td>
<td>0.35</td>
<td>0.19</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.30</td>
<td>0.38</td>
<td>0.41</td>
<td>0.20</td>
</tr>
<tr>
<td>Price Change %</td>
<td>-10.0%</td>
<td>-7.000000000000001%</td>
<td>9.0%</td>
<td>8.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2025/1746046939_0.png" alt="eps graph" />
<h3>Market Performance of RE/MAX Hldgs's Stock</h3>
Shares of RE/MAX Hldgs were trading at $7.72 as of April 29. Over the last 52-week period, shares are up 6.84%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release. 
<h3>Insights Shared by Analysts on RE/MAX Hldgs</h3>
For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on RE/MAX Hldgs.
RE/MAX Hldgs has received a total of 1 ratings from analysts, with the consensus rating as Neutral. With an average one-year price target of $9.0, the consensus suggests a potential 16.58% upside.
<h3>Comparing Ratings with Peers</h3>
The analysis below examines the analyst ratings and average 1-year price targets of and RE/MAX Holdings, three significant industry players, providing valuable insights into their relative performance expectations and market positioning.
<h3>Overview of Peer Analysis</h3>
Within the peer analysis summary, vital metrics for and RE/MAX Holdings are presented, shedding light on their respective standings within the industry and offering valuable insights into their market positions and comparative performance.

<table>
<thead>
<tr>
<th>Company</th>
<th>Consensus</th>
<th>Revenue Growth</th>
<th>Gross Profit</th>
<th>Return on Equity</th>
</tr>
</thead>
<tbody>
<tr>
<td>RE/MAX Holdings</td>
<td>Neutral</td>
<td>-5.40%</td>
<td>$53.81M</td>
<td>1.36%</td>
</tr>
</tbody>
</table>

Key Takeaway:
RE/MAX Holdings is positioned in the middle among its peers based on consensus rating. It ranks at the bottom for revenue growth, indicating a decline. In terms of gross profit, it is at the top among its peers. However, its return on equity is relatively low compared to others in the group.
<h3>Discovering RE/MAX Hldgs: A Closer Look</h3>
RE/MAX Holdings Inc operates as a franchisor of real estate brokerage services. It recruits and retains agents and sells franchises. The company's operating segments include Real Estate, Mortgage, Marketing Funds, and Others. It generates maximum revenue from the Real Estate segment.
<h3>Breaking Down RE/MAX Hldgs's Financial Performance</h3>
Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.
Revenue Challenges: RE/MAX Hldgs's revenue growth over 3 months faced difficulties. As of 31 December, 2024, the company experienced a decline of approximately -5.4%. This indicates a decrease in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Real Estate sector.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 8.01%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): RE/MAX Hldgs's ROE stands out, surpassing industry averages. With an impressive ROE of 1.36%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): RE/MAX Hldgs's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 1.0% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: RE/MAX Hldgs's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 1.1.
<a href="https://www.benzinga.com/quote/RMAX/earnings">To track all earnings releases for RE/MAX Hldgs visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

A Look at RE/MAX Hldgs's Upcoming Earnings Report

Keefe, Bruyette &amp; Woods analyst Thomas McJoynt-Griffith maintains RE/MAX Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RMAX#NYSE">RMAX</a>) with a Market Perform and lowers the price target from $10 to $9.

Price Target

Analyst Ratings

Keefe, Bruyette & Woods Maintains Market Perform on RE/MAX Holdings, Lowers Price Target to $9

The industry veteran and former President &amp; CEO of Sotheby's International Realty Canada will now oversee the REMAX brand in Canada.
DENVER, April 24, 2025 /CNW/ --&nbsp;RE/MAX&#xAE;, the #1 name in real estate&#x2A;, today announced Don Kottick, former President &amp; CEO of Sotheby's International Realty Canada, has been named President of REMAX Canada. With over 30 years of excellence in the Canadian real estate industry, Kottick brings a wealth of experience in corporate and franchise development, brokerage management, technology and related services. His first day with REMAX Canada is April 28, 2025.

Management

REMAX Canada Appoints Don Kottick As President, Effective April 28, 2025

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Shares of homebuilders and housing-related stocks stocks are trading lower amid an overall market reversal on US-China trade tensions. Volatility in the 30-year mortgage rate could also affect housing demand.

Macro Economic Events

Market Summary

Economics

General

STLA

Benzinga Market Summary: S&P Continues To Rise Following Wed. Fed Decision, US Existing Home Sales Rise In Feb., Piper Sandler Downgrades Stellantis

Shares of real estate and broker stocks are trading higher following strong Feb. existing home sales data.

RE/MAX Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RMAX#NYSE">RMAX</a>) sees Q1 sales of $71.000 million-$76.000 million vs $78.16 million analyst estimate.

RE/MAX Hldgs Sees Q1 Sales $71.000M-$76.000M vs $78.16M Est

RE/MAX Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RMAX#NYSE">RMAX</a>) sees FY2025 sales of $290.000 million-$310.000 million vs $312.05 million analyst estimate.

RE/MAX Hldgs Sees FY2025 Sales $290.000M-$310.000M vs $312.05M Est

RE/MAX Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RMAX#NYSE">RMAX</a>) reported quarterly earnings of $0.30 per share which beat the analyst consensus estimate of $0.29 by 3.45 percent. This is unchanged from the same period last year. The company reported quarterly sales of $72.47 million which missed the analyst consensus estimate of $74.36 million by 2.54 percent. This is a 5.40 percent decrease over sales of $76.60 million the same period last year.

Earnings Misses

RE/MAX Hldgs Q4 Adj $0.30 Beats $0.29 Estimate, Sales $72.47M Miss $74.36M Estimate

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Earnings Scheduled For February 20, 2025

<a href="https://www.reuters.com/legal/government/us-justice-dept-questions-scope-realtor-groups-418-mln-settlement-2024-11-25/" title="https://www.reuters.com/legal/government/us-justice-dept-questions-scope-realtor-groups-418-mln-settlement-2024-11-25/">https://www.reuters.com/legal/government/us-justice-dept-questions-scope-realtor-groups-418-mln-settlement-2024-11-25/</a>

Legal

'The U.S. Justice Department's Antitrust Division Warned A Federal Judge On Sunday That Part Of A Proposed $418M Settlement In A Class Action Over Home Sales Commissions Could Limit How Real Estate Brokers Compete; The Settlement With The National Association Of Realtors Would End The Practice Of Forcing Home Sellers To Pay A Commission To A Buyer's Agent In Order To List Their Homes For Sale' - Reuters

RE/MAX Holdings shares are trading lower. The company reported Q3 financial results.

RE/MAX Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RMAX#NYSE">RMAX</a>) reported quarterly earnings of $0.38 per share which beat the analyst consensus estimate of $0.36 by 5.56 percent. This is a 5 percent decrease over earnings of $0.40 per share from the same period last year. The company reported quarterly sales of $78.478 million which beat the analyst consensus estimate of $78.185 million by 0.38 percent. This is a 3.38 percent decrease over sales of $81.223 million the same period last year.

RE/MAX Hldgs Q3 2024 Adj. EPS $0.38 Beats $0.36 Estimate, Sales $78.478M Beat $78.185M Estimate

RE/MAX Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RMAX#NYSE">RMAX</a>) sees Q4 sales of $71.000 million-76.000 million vs $76.00 million estimate.

RE/MAX Hldgs Sees Q4 Sales $71.000M-76.000M vs $76.00M Est

RE/MAX Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RMAX#NYSE">RMAX</a>) narrows FY2024 sales outlook from $305.00 million-315.00 million to $306.00 million-311.00 million.

RE/MAX Hldgs Narrows FY2024 Sales Guidance from $305.00M-315.00M to $306.00M-311.00M (Est $310.8M)

The Zacks Real Estate Operations industry constituents are poised to gain from the increased adoption of outsourced real estate services and emerging trends. The easing of monetary policy in many large markets is expected to result in a decrease in borrowing costs, more availability of credit and drive economic growth, in turn fueling transaction activity. Companies like Newmark Group, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nmrk#NASDAQ">NMRK</a>), Kennedy-Wilson Holdings, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/kw#NYSE">KW</a>) and RE/MAX Holdings, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/rmax#NYSE">RMAX</a>) are set to benefit from these positive trends.
However, the industry faces challenges such as macroeconomic uncertainty and geopolitical tensions. Customers remain focused on cost controls and for certain asset categories are delaying their decision-making with respect to leasing.
About the Industry
The Zacks Real Estate Operations industry comprises companies that provide leasing, property management, investment management, valuation, development services, facility management, project management, transaction and consulting services, among others. However, real estate investment trusts or REITs are excluded from this group. Economic trends and government policies impact the real estate market (global and regional), which determines the industry&#39;s performance. Economic activity, employment growth, office-based employment, interest-rate levels, costs and availability of credit, tax and regulatory policies, and the geopolitical environment are the major factors shaping the real estate market&#39;s fate. Also, pandemic-induced public health challenges and geopolitical issues have affected property sales and the leasing lines of businesses.
What&#39;s Shaping the Real Estate Operations Industry&#39;s Future?
Interest Rate Cut Provides Relief for Transaction-Based Business: The latest cut in the interest rates by the Federal Reserve and anticipations of future reductions are expected to drive transaction-based businesses in the United States. Along with the United States, the easing of monetary policy in many large markets is expected to result in a decrease in borrowing costs, more availability of credit, and drive economic growth. This is expected to help investors in better price discovery and consequently result in reduced transaction completion times. It is also expected to lead to a rise in the average deal size, thereby bolstering the industry&#39;s near-term revenue prospects.
Outsourcing of Real Estate Needs to Remain Strong: Real estate occupiers, including corporations, public sector entities, healthcare providers, and those in finance, industry, life sciences and technology, are increasingly preferring to outsource their real estate needs. They are entrusting third-party real estate experts to enhance execution and efficiency. Organizations are seeking strategic advice to reimagine their workplaces and workstyles to foster culture, attract talent and improve performance. These developments are creating opportunities for participants in the real estate operations industry. Major players in the industry are leveraging this transition, securing new clients and expanding relationships with existing ones. Also, companies in this industry continue to prioritize investments in technology as it consistently improves efficiency, delivers client services and supports market share growth.
Certain Real Estate Categories&#39; Demand Hurt: The pandemic has significantly reshaped the use of commercial real estate. Also, economic uncertainty continues to affect real estate sales and leasing activities. While companies are promoting the return to office, this transition is gradual, which is hindering tenants&#39; confidence in long-term commitments. As such, pre-pandemic office occupancy levels are likely to remain elusive in the near or intermediate term. Amid a volatile environment and geopolitical issues, customers remain focused on cost controls and delaying their decision-making with respect to leasing. As such, industrial real estate demand remains subdued and this trend is expected to continue in the near term. Additionally, the pace of business-related travel and in-person interactions has not fully rebounded to pre-pandemic norms.
Zacks Industry Rank Indicates Bright Prospects
The Zacks Real Estate Operations industry is housed within the broader Zacks Finance sector. It carries a Zacks Industry Rank #104, which places it in the top 42% of more than 250 Zacks industries.
The group&#39;s Zacks Industry Rank, which is the average of the Zacks Rank of all the member stocks, indicates robust near-term prospects. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than two to one.
The industry&#39;s positioning in the top 50% of the Zacks-ranked industries is a result of the upward earnings per share outlook for the constituent companies in aggregate. Looking at the aggregate earnings per share estimate revisions, it appears that of late, analysts are gaining confidence in this group&#39;s growth potential. Over the past year, the industry&#39;s earnings per share estimates for 2024 and 2025 have moved 46.8% and 37.2% north, respectively.
Before we present a few stocks that you may want to consider for your portfolio, let&#39;s take a look at the industry&#39;s recent stock-market performance and valuation picture.
Industry Outperforms the Sector &amp; the S&amp;P 500
The Zacks Real Estate Operations industry has outperformed the broader Zacks Finance sector and the S&amp;P 500 composite over the past year.
The industry has advanced 40.8% during this period compared with the S&amp;P 500&#39;s growth of 32.5% and the broader Finance sector&#39;s rise of 31.2%.
<h3>One-Year Price Performance</h3>
<img alt="" src="https://staticx-tuner.zacks.com/images/zadmin_tuner_image/priceperf.jpg" style="height:228px; width:620px" />
Industry&#39;s Current Valuation
On the basis of the forward 12-month price-to-earnings, which is a commonly used multiple for valuing Real Estate Operations stocks, we see that the industry is currently trading at 17.06X compared with the S&amp;P 500&#39;s forward 12-month price-to-earnings (P/E) of 22.08X. The industry is trading above the Finance sector&#39;s forward 12-month P/E of 16.66X. This is shown in the chart below.
<h3>Forward 12-Month Price-To-Earnings Ratio</h3>
<img alt="" src="https://staticx-tuner.zacks.com/images/zadmin_tuner_image/ind_&amp;_s&amp;p.jpg" style="height:155px; width:620px" />
<img alt="" src="https://staticx-tuner.zacks.com/images/zadmin_tuner_image/ind_&amp;_fin.jpg" style="height:153px; width:620px" />
Over the last five years, the industry has traded as high as 32.49X and as low as 11.45X, with a median of 17.26X.
3 Real Estate Operation Stocks to Bet On
RE/MAX Holdings: Headquartered in Denver, CO, it is a franchisor in the real estate industry. The company franchises real estate brokerages globally under the RE/MAX brand and mortgage brokerages within the United States under the Motto Mortgage brand. It also sells ancillary products and services, such as loan processing services, mainly to its Motto network.
RE/MAX is poised to benefit from its strategic growth initiatives. With its efforts to expand the mortgage business and its objective to maintain a strong liquidity position, RE/MAX is well-poised to ride the growth curve.
RE/MAX Holdings currently sports a Zacks Rank #1 (Strong Buy). The Zacks Consensus Estimate for the company&#39;s 2024 earnings per share currently stands at $1.24. The stock has increased 20.8% in the past three months.
<img alt="" src="https://staticx-tuner.zacks.com/images/zadmin_tuner_image/rmax.jpg" style="height:214px; width:620px" />
Newmark Group, Inc.: Headquartered in New York City, Newmark is a leading commercial real estate services company that is rapidly expanding its presence globally. Together with its subsidiaries, Newmark Group advises and provides services to large institutional investors, global corporations and other owners and occupiers of commercial real estate.
With investments in talent and technology, the company is expected to experience decent performance going forward. It is poised to benefit from the opportunities from the large and highly fragmented market, institutional investor demand for commercial real estate and from the favorable trend toward outsourcing of commercial real estate services.
Newmark carries a Zacks Rank of 2 (Buy) at present. The Zacks Consensus Estimate for the company&#39;s 2024 EPS has remained unchanged at $1.15 over the past month. This also suggests 9.5% growth year over year. NMRK shares have gained 22.7% over the past three months.
<img alt="" src="https://staticx-tuner.zacks.com/images/zadmin_tuner_image/nmrk.jpg" style="height:215px; width:620px" />
Kennedy Wilson: Headquartered in Beverly Hills, CA, Kennedy Wilson is a global real estate investment company that invests in high-growth markets across the United States, the U.K. and Ireland. KW is engaged in the ownership, operation and investment in real estate on its own and through its investment management platform.
The company is expected to benefit from the continued growth of its investment management business and healthy demand for its high-quality multifamily and commercial portfolio.
Kennedy Wilson has a Zacks Rank of 2 at present. The Zacks Consensus Estimate for 2024 EPS has moved significantly upward over the past two months to $2.96. This suggests a notable increase year over year. The company&#39;s shares have appreciated 32.1% in the past six months.
<img alt="" src="https://staticx-tuner.zacks.com/images/zadmin_tuner_image/kw.jpg" style="height:213px; width:620px" />
<a href="https://www.zacks.com/commentary/2350419/3-stocks-to-buy-on-the-real-estate-operations-industry-s-recovery?cid=CS-BENZ-FT-industry_outlook-2350419">To read this article on Zacks.com click here.</a>

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3 Stocks to Buy on the Real Estate Operations Industry's Recovery

Press Releases

RE/MAX Agents Lead the Industry in Productivity - Outperform Competitors 2:1 for 17th Straight Year

RE/MAX HOLDINGS, INC. TO RELEASE FIRST QUARTER 2025 RESULTS ON MAY 1, 2025

RE/MAX NATIONAL HOUSING REPORT FOR MARCH 2025

REMAX Canada Welcomes Don Kottick as New President

REMAX Names Daniel Dennis SVP of Sales and Service, Reinforcing Commitment to Broker and Agent Success

RE/MAX HOLDINGS, INC. REPORTS FIRST QUARTER 2025 RESULTS

REMAX Harnesses Unmatched Global Footprint, Launches AI-Powered Referral Platform with RESAAS to Strengthen Agent Network and Drive Brokerage Profitability

Canadian cottage buyers on the sideline for now amidst tariff concerns, according to REMAX Canada's 2025 Canadian Cabin & Cottage Trends Report

LiveRamp and REMAX Media Network Unlock the Full Homebuying Journey for Advertisers Through New Clean Room Integration

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KE Holdings Inc American Depositary Shares (each representing three Class A Ordinary Shares)

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