RE/MAX HoldingsRMAX
RMAX
About: 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.
Employees: 544
0
Funds holding %
of 7,139 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
69% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 26
29% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 17
24% more call options, than puts
Call options by funds: $575K | Put options by funds: $462K
2% more funds holding
Funds holding: 115 [Q3] → 117 (+2) [Q4]
0.46% more ownership
Funds ownership: 83.28% [Q3] → 83.74% (+0.46%) [Q4]
14% less capital invested
Capital invested by funds: $195M [Q3] → $169M (-$26.9M) [Q4]
50% less funds holding in top 10
Funds holding in top 10: 2 [Q3] → 1 (-1) [Q4]
Research analyst outlook
We haven’t received any recent analyst ratings for RMAX.
Financial journalist opinion
Based on 10 articles about RMAX published over the past 30 days
Neutral
Seeking Alpha
20 hours ago
RE/MAX Holdings, Inc. (RMAX) Q4 2024 Earnings Call Transcript
RE/MAX Holdings, Inc. (RMAX) Q4 2024 Earnings Conference Call February 21, 2025 8:30 AM ET Company Participants Andy Schulz - Senior Vice President, Investor Relations Erik Carlson - Chief Executive Officer Karri Callahan - Chief Financial Officer Conference Call Participants Anthony Paolone - JPMorgan Nick McAndrew - Zelman Ronald Camden - Morgan Stanley John Campbell - Stephens Tommy McJoynt - KBW Operator Good morning, and welcome to the RE/MAX Holdings Fourth Quarter 2024 Earnings Conference Call and Webcast. My name is Christa, and I will be facilitating the audio portion of today's call.
Neutral
Zacks Investment Research
1 day ago
RE/MAX (RMAX) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
While the top- and bottom-line numbers for RE/MAX (RMAX) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Positive
Zacks Investment Research
1 day ago
RE/MAX (RMAX) Surpasses Q4 Earnings Estimates
RE/MAX (RMAX) came out with quarterly earnings of $0.30 per share, beating the Zacks Consensus Estimate of $0.29 per share. This compares to earnings of $0.30 per share a year ago.
Neutral
PRNewsWire
1 day ago
RE/MAX HOLDINGS, INC. REPORTS FOURTH QUARTER 2024 RESULTS
Total Revenue of $72.5 Million, Adjusted EBITDA of $23.3 Million DENVER , Feb. 20, 2025 /PRNewswire/ -- Fourth Quarter 2024 Highlights (Compared to fourth quarter 2023 unless otherwise noted) Total Revenue decreased 5.4% to $72.5 million Revenue excluding the Marketing Funds1 decreased 3.9% to $53.8 million, driven by negative 3.5% organic growth2 and 0.4% adverse foreign currency movements Net income attributable to RE/MAX Holdings, Inc. of $5.8 million and earnings per diluted share (GAAP EPS) of $0.29 Adjusted EBITDA3 increased 1.6% to $23.3 million, Adjusted EBITDA margin3 of 32.2% and Adjusted earnings per diluted share (Adjusted EPS3) of $0.30 Total agent count increased 1.2% to 146,627 agents U.S. and Canada combined agent count decreased 4.8% to 76,457 agents Total open Motto Mortgage franchises decreased 8.5% to 225 offices4 Full-Year 2024 Highlights (Compared to full year 2023 unless otherwise noted) Total Revenue decreased 5.5% to $307.7 million Revenue excluding the Marketing Funds1 decreased 5.4% to $228.7 million, driven by negative 5.2% organic growth2 and adverse foreign currency movements of 0.2% Net income attributable to RE/MAX Holdings, Inc. of $7.1 million and earnings per diluted share (GAAP EPS) of $0.37 Adjusted EBITDA3 increased 1.5% to $97.7 million, Adjusted EBITDA margin3 of 31.8% and Adjusted earnings per diluted share (Adjusted EPS3) of $1.30 Operating Statistics as of January 31, 2025 (Compared to January 31, 2024, unless otherwise noted) Total agent count increased 1.5% to 145,626 agents U.S. and Canada combined agent count decreased 5.0% to 75,411 agents Total open Motto Mortgage franchises decreased 8.6% to 223 offices4 RE/MAX Holdings, Inc. (the "Company" or "RE/MAX Holdings") (NYSE: RMAX), parent company of RE/MAX, one of the world's leading franchisors of real estate brokerage services, and Motto Mortgage ("Motto"), the first and only national mortgage brokerage franchise brand in the U.S., today announced operating results for the quarter and year ended December 31, 2024. "Our continued focus on operational efficiencies contributed to higher-than-forecasted fourth-quarter profit and margin performance, a trend we have seen now for three quarters in a row," said Erik Carlson, RE/MAX Holdings Chief Executive Officer.
Neutral
PRNewsWire
3 days ago
RE/MAX NATIONAL HOUSING REPORT FOR JANUARY 2025
New Listings and Inventory Increase While Median Sales Price Drops Month to Month DENVER , Feb. 18, 2025 /PRNewswire/ -- Across 52 metro areas, the number of new listings in January surged 53.7% over December and was nearly the same (down just 0.1%) as in January 2024. Inventory in January rose 5.0% from December and was 30.9% higher than a year ago.
Positive
Zacks Investment Research
4 days ago
Seeking Clues to RE/MAX (RMAX) Q4 Earnings? A Peek Into Wall Street Projections for Key Metrics
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for RE/MAX (RMAX), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2024.
Negative
Zacks Investment Research
1 week ago
Earnings Preview: RE/MAX (RMAX) Q4 Earnings Expected to Decline
RE/MAX (RMAX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Neutral
PRNewsWire
3 weeks ago
All-New 2025 RE/MAX R4 Convention Returns with Bold Experiences, Unmatched Energy and Dynamic Speakers
The brand's biggest event of the year begins February 24, 2025, in Las Vegas for its global network of real estate professionals DENVER , Jan. 30, 2025 /PRNewswire/ -- The countdown is on for the all-new RE/MAX® R4, the brand's annual global convention, slated for February 24-27, 2025, at the vibrant Mandalay Bay Resort and Casino in Las Vegas. This year's event promises a reimagined experience, featuring a revamped format, a robust lineup of speakers, and dynamic educational sessions that are as fresh and bold as the RE/MAX network itself.
Neutral
PRNewsWire
3 weeks ago
RE/MAX HOLDINGS, INC. TO RELEASE FOURTH QUARTER AND FULL YEAR 2024 RESULTS ON FEBRUARY 20, 2025
DENVER , Jan. 28, 2025 /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 and full year ended December 31, 2024, after market close on Thursday, February 20, 2025, and will host a conference call and webcast for interested parties on Friday, February 21, 2025, at 8:30 a.m. Eastern Time.
Neutral
PRNewsWire
3 weeks ago
Fresh 2025 RE/MAX Advertising Campaign Highlights Agent Trust and Expertise
The 2025 campaign leverages consumer insights to reinforce RE/MAX as the most trusted name in real estate. DENVER , Jan. 27, 2025 /PRNewswire/ -- RE/MAX, the #1 name in real estate1 and #1 in brand awareness1 is proud to announce the launch of its highly anticipated 2025 National Advertising Campaign.
Charts implemented using Lightweight Charts™