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 • Maximized Promotions, Inc. • Motto Franchising, LLC • Motto Marketing Fund, LLC • RE/MAX, LLC • RE/MAX Ancillary Services, LLC • RE/MAX Brokerage, LLC • RE/MAX Caribbean Islands, LLC ...
IRS number
800937145
RMAX stock data
Analyst ratings and price targets
Current price
Average target
$27.00
Low target
$26.00
High target
$28.00
Stephens & Co.
Maintains
$26.00
JonesTrading
Maintains
$28.00
Latest filings (excl ownership)
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
8-K
Re/max Holdings, Inc. Reports Second Quarter 2022 Results
4 Aug 22
8-K
Re/max Holdings, Inc. Announces Strategic Initiatives Designed to Accelerate Profitable Growth
7 Jul 22
8-K/A
Departure of Directors or Certain Officers
8 Jun 22
8-K/A
Departure of Directors or Certain Officers
7 Jun 22
8-K
Submission of Matters to a Vote of Security Holders
6 Jun 22
8-K
Departure of Directors or Certain Officers
12 May 22
Transcripts
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
RMAX
Earnings call transcript
2020 Q3
7 Nov 20
Latest ownership filings
Financial summary
| Quarter (USD) | Sep 22 | Jun 22 | Mar 22 | Dec 21 | |
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| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| 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) | 149.30 mm | 149.30 mm | 149.30 mm | 149.30 mm | 149.30 mm | 149.30 mm |
| Cash burn (monthly) | 1.50 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 3.21 mm | n/a | n/a | n/a | n/a | n/a |
| Cash remaining | 146.08 mm | n/a | n/a | n/a | n/a | n/a |
| Runway (months of cash) | 97.2 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2022
| 13F holders | Current |
|---|---|
| Total holders | 122 |
| Opened positions | 17 |
| Closed positions | 21 |
| Increased positions | 36 |
| Reduced positions | 50 |
| 13F shares | Current |
|---|---|
| Total value | 1.17 bn |
| Total shares | 30.88 mm |
| Total puts | 0.00 |
| Total calls | 0.00 |
| Total put/call ratio | – |
| Largest owners | Shares | Value |
|---|---|---|
| RIHI | 12.56 mm | $483.42 mm |
| BLK Blackrock | 3.02 mm | $57.16 mm |
| Vanguard | 2.23 mm | $42.24 mm |
| Magnolia | 2.20 mm | $41.53 mm |
| Magnolia Capital Fund | 1.97 mm | $45.76 mm |
| Dimensional Fund Advisors | 1.42 mm | $26.90 mm |
| RPD Fund Management | 1.08 mm | $20.47 mm |
| Renaissance Technologies | 958.50 k | $18.13 mm |
| Aureus Asset Management | 650.77 k | $12.31 mm |
| Confluence Investment Management | 597.24 k | $11.29 mm |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 17 Nov 22 | Adam K Peterson | Common Stock | Buy | Acquire P | No | No | 18.76 | 1,061 | 19.90 k | 2,300,219 |
| 16 Nov 22 | Adam K Peterson | Common Stock | Buy | Acquire P | No | No | 18.9 | 20,000 | 378.00 k | 2,299,158 |
| 15 Nov 22 | Adam K Peterson | Common Stock | Buy | Acquire P | No | No | 19.44 | 45,000 | 874.80 k | 2,279,158 |
| 10 Nov 22 | Ronald E. Harrison | Class A Common Stock | Sell | Dispose S | No | No | 19 | 6,000 | 114.00 k | 20,098 |
| 9 Nov 22 | Adam K Peterson | Common Stock | Buy | Acquire P | No | No | 17.38 | 6,560 | 114.01 k | 2,234,158 |
| 8 Nov 22 | Adam K Peterson | Common Stock | Buy | Acquire P | No | No | 17.46 | 4,913 | 85.78 k | 2,227,598 |
| 7 Nov 22 | Adam K Peterson | Common Stock | Buy | Acquire P | No | No | 17.44 | 2,726 | 47.54 k | 2,222,685 |
| 24 Oct 22 | Adam K Peterson | Common Stock | Buy | Acquire P | No | No | 18.57 | 4,830 | 89.69 k | 2,219,959 |
| 19 Oct 22 | Adam K Peterson | Common Stock | Buy | Acquire P | No | No | 18.2 | 18,934 | 344.60 k | 2,215,129 |
News
RE/MAX Hldgs's Return On Capital Employed Overview
25 Nov 22
Around $5 Million Bet On This Financial Services Stock? Check Out 4 Stocks Insiders Are Buying
10 Nov 22
Stocks That Hit 52-Week Lows On Wednesday
9 Nov 22
Stocks That Hit 52-Week Lows On Monday
7 Nov 22
Stephens & Co. Maintains Overweight on RE/MAX Hldgs, Lowers Price Target to $26
7 Nov 22
Press releases
RE/MAX® Posts Strong Q3 Franchise Sales, Retention Results
30 Nov 22
RESAAS Expands Relationship with RE/MAX® Across United States
30 Nov 22
RE/MAX National Housing Report for October 2022
16 Nov 22
Top Industry Coach, Judy LaDeur, Honored with RISMedia "On the Shoulders of Giants" Award
15 Nov 22
The Ultimate RE/MAX® Teams Event to Feature Real Estate Coaching, Consulting Titans as Headline Speakers
9 Nov 22