RE/MAX Holdings, Inc. is one of the world's leading franchisors in the real estate industry, franchising real estate brokerages globally under the RE/MAX® brand, and mortgage brokerages within the U.S. under the Motto® Mortgage brand. RE/MAX was founded in 1973 by David and Gail Liniger, with an innovative, entrepreneurial culture affording its agents and franchisees the flexibility to operate their businesses with great independence. Now with more than 135,000 agents across over 110 countries and territories, nobody in the world sells more real estate than RE/MAX, as measured by total residential transaction sides. Dedicated to innovation and change in the real estate industry, RE/MAX Holdings launched Motto Franchising, LLC, a ground-breaking mortgage brokerage franchisor, in 2016. Motto Mortgage has grown to over 125 offices across more than 30 states.
Company profile
Ticker
RMAX
Exchange
Website
CEO
Adam Contos
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
BMFC, LLC • Booj, LLC • First Leads, LLC • Motto Franchising, LLC • Motto Marketing Fund, LLC • RE/MAX, LLC • RE/MAX Ancillary Services, LLC • RE/MAX Caribbean Islands, LLC • RE/MAX Foreign Holdings, LLC • RE/MAX Integrated Regions, LLC ...
IRS number
800937145
RMAX stock data
Analyst ratings and price targets
Latest filings (excl ownership)
8-K
Changes in Registrant's Certifying Accountant
13 Mar 23
S-3
Shelf registration
28 Feb 23
10-K
2022 FY
Annual report
28 Feb 23
8-K/A
Re/max Holdings, Inc. Reports Fourth Quarter and Full-year 2022 Results
28 Feb 23
8-K
Re/max Holdings, Inc. Reports Fourth Quarter and Full-year 2022 Results
16 Feb 23
8-K
Re/max Holdings, Inc. Announces Changes to Its Board of Directors
9 Dec 22
10-Q
2022 Q3
Quarterly report
3 Nov 22
8-K
Re/max Holdings, Inc. Reports Third Quarter 2022 Results
3 Nov 22
8-K
Departure of Directors or Certain Officers
12 Sep 22
10-Q
2022 Q2
Quarterly report
4 Aug 22
Transcripts
RMAX
Earnings call transcript
2022 Q4
17 Feb 23
RMAX
Earnings call transcript
2022 Q3
4 Nov 22
RMAX
Earnings call transcript
2022 Q2
5 Aug 22
RMAX
Earnings call transcript
2022 Q1
29 Apr 22
RMAX
Earnings call transcript
2021 Q4
28 Feb 22
RMAX
Earnings call transcript
2021 Q3
23 Nov 21
RMAX
Earnings call transcript
2021 Q2
7 Aug 21
RMAX
Earnings call transcript
2021 Q1
9 May 21
RMAX
Earnings call transcript
2020 Q4
26 Feb 21
RMAX
Earnings call transcript
2020 Q4
26 Feb 21
Latest ownership filings
Financial summary
| Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
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| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 138.13 mm | 138.13 mm | 138.13 mm | 138.13 mm | 138.13 mm | 138.13 mm |
| Cash burn (monthly) | 3.72 mm | 1.69 mm | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 9.96 mm | 4.52 mm | n/a | n/a | n/a | n/a |
| Cash remaining | 128.17 mm | 133.61 mm | n/a | n/a | n/a | n/a |
| Runway (months of cash) | 34.4 | 79.1 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2022
0.9% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 127 |
| Opened positions | 17 |
| Closed positions | 14 |
| Increased positions | 56 |
| Reduced positions | 37 |
| 13F shares | Current |
|---|---|
| Total value | 250.88 bn |
| Total shares | 32.05 mm |
| Total puts | 1.00 k |
| Total calls | 2.10 k |
| Total put/call ratio | 0.5 |
| Largest owners | Shares | Value |
|---|---|---|
| RIHI | 12.56 mm | $483.42 mm |
| BLK Blackrock | 3.13 mm | $58.35 bn |
| Magnolia Capital Fund | 2.37 mm | $0.00 |
| Magnolia | 2.37 mm | $44.20 bn |
| Vanguard | 2.14 mm | $39.88 bn |
| Dimensional Fund Advisors | 1.39 mm | $25.90 mm |
| RPD Fund Management | 1.15 mm | $21.36 bn |
| Renaissance Technologies | 957.53 k | $17.85 mm |
| STT State Street | 692.89 k | $12.92 bn |
| Confluence Investment Management | 586.46 k | $10.93 mm |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 14 Mar 23 | Adam W Grosshans | Class A Common Stock | Sell | Dispose S | No | No | 17.48 | 2,295 | 40.12 k | 13,084 |
| 14 Mar 23 | Adam K Peterson | Common Stock | Buy | Acquire P | No | No | 17.61 | 33,000 | 581.13 k | 2,477,084 |
| 10 Mar 23 | Adam K Peterson | Common Stock | Buy | Acquire P | No | No | 17.05 | 16,000 | 272.80 k | 2,444,084 |
| 7 Mar 23 | Adam K Peterson | Common Stock | Buy | Acquire P | No | No | 17.75 | 27,000 | 479.25 k | 2,428,084 |
| 6 Mar 23 | Adam K Peterson | Common Stock | Buy | Acquire P | No | No | 18.15 | 18,000 | 326.70 k | 2,401,084 |
| 1 Mar 23 | Nicholas R Bailey | Class A Common Stock | Payment of exercise | Dispose F | No | No | 18.49 | 5,882 | 108.76 k | 69,807 |
| 1 Mar 23 | Karri R. Callahan | Class A Common Stock | Payment of exercise | Dispose F | No | No | 18.49 | 5,862 | 108.39 k | 84,524 |
News
Benzinga's Top Ratings Upgrades, Downgrades For February 21, 2023
21 Feb 23
Stephens & Co. Downgrades RE/MAX Hldgs to Equal-Weight, Lowers Price Target to $21
21 Feb 23
Why Universal Electronics Shares Are Trading Lower By 30%? Here Are Other Stocks Moving In Friday's Mid-Day Session
17 Feb 23
RE/MAX Hldgs Q4 Adj. EPS $0.41 Misses $0.42 Estimate, Sales $81.27M Miss $82.85M Estimate
16 Feb 23
Earnings Scheduled For February 16, 2023
16 Feb 23
Press releases
RE/MAX National Housing Report for February 2023
17 Mar 23
Entrepreneur Names RE/MAX a Top 10 Fastest-Growing Franchise Worldwide for the Second Year in a Row
8 Mar 23
RE/MAX Named to Entrepreneur's Franchise 500 Hall of Fame
3 Mar 23
RE/MAX Attracts Nearly 1,000 New Franchises, Renews Over 1,000 Affiliated Offices in 2022
2 Mar 23
RE/MAX Celebrates First 50 Years at Annual R4 Convention
28 Feb 23