RE/MAX Holdings (NYSE:RMAX) Earning Somewhat Positive Media Coverage, Accern Reports

News coverage about RE/MAX Holdings (NYSE:RMAX) has been trending somewhat positive on Thursday, Accern Sentiment Analysis reports. Accern identifies positive and negative news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. RE/MAX Holdings earned a news sentiment score of 0.10 on Accern’s scale. Accern also assigned headlines about the financial services provider an impact score of 45.0853987205683 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

Here are some of the news headlines that may have effected Accern Sentiment’s rankings:

Shares of RE/MAX Holdings (RMAX) traded up 0.22% during midday trading on Thursday, hitting $67.15. 63,300 shares of the stock traded hands. The company has a market capitalization of $1.19 billion, a P/E ratio of 50.95 and a beta of 0.93. RE/MAX Holdings has a 1-year low of $42.10 and a 1-year high of $67.50. The stock has a 50 day moving average of $63.73 and a 200 day moving average of $59.13.

RE/MAX Holdings (NYSE:RMAX) last posted its quarterly earnings data on Thursday, August 3rd. The financial services provider reported $0.54 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.48 by $0.06. RE/MAX Holdings had a return on equity of 79.94% and a net margin of 12.45%. The business had revenue of $48.82 million for the quarter, compared to analysts’ expectations of $48.29 million. During the same quarter in the previous year, the firm earned $0.46 earnings per share. The business’s revenue was up 12.5% on a year-over-year basis. Equities research analysts predict that RE/MAX Holdings will post $1.90 earnings per share for the current fiscal year.

A number of equities research analysts have weighed in on the stock. BidaskClub upgraded shares of RE/MAX Holdings from a “buy” rating to a “strong-buy” rating in a research note on Friday, October 20th. Zacks Investment Research downgraded shares of RE/MAX Holdings from a “buy” rating to a “hold” rating in a research note on Thursday, August 10th. Stephens downgraded shares of RE/MAX Holdings from an “overweight” rating to an “equal weight” rating and set a $66.00 price target on the stock. in a research note on Monday, August 7th. Finally, Piper Jaffray Companies assumed coverage on shares of RE/MAX Holdings in a research note on Thursday, September 28th. They issued an “overweight” rating and a $69.00 target price on the stock. Three analysts have rated the stock with a sell rating, three have given a hold rating, two have given a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $64.67.

TRADEMARK VIOLATION WARNING: “RE/MAX Holdings (NYSE:RMAX) Earning Somewhat Positive Media Coverage, Accern Reports” was posted by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are reading this story on another domain, it was illegally stolen and republished in violation of US & international copyright & trademark laws. The legal version of this story can be read at

In other RE/MAX Holdings news, President Geoffrey D. Lewis sold 1,200 shares of the business’s stock in a transaction on Friday, August 4th. The stock was sold at an average price of $60.00, for a total value of $72,000.00. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.58% of the stock is currently owned by insiders.

About RE/MAX Holdings

RE/MAX Holdings, Inc is a franchisor in the real estate industry, franchising real estate brokerages around the world under the RE/MAX brand and mortgage brokerages within the United States under the Motto Mortgage brand. The Company is a franchised business, with all of the RE/MAX branded brokerage office locations being operated by franchisees, including RE/MAX, LLC, which owns the RE/MAX brand, and sells franchises and franchising rights; Independent Regional Franchise Owner, which owns rights to sell brokerage franchises in a specified region; Franchisee (or Broker-Owner), which operates a RE/MAX-branded brokerage office, lists properties and recruits agents, and Agent (or Sales Associate), including branded independent contractors operating out of local franchise brokerage offices.

Insider Buying and Selling by Quarter for RE/MAX Holdings (NYSE:RMAX)

Receive News & Ratings for RE/MAX Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RE/MAX Holdings Inc. and related companies with's FREE daily email newsletter.

Leave a Reply