re/max was founded in 1973 by dave and gail liniger, with an innovative, entrepreneurial culture affording its agents and franchisees the flexibility to operate their businesses with great independence. over 100,000 agents provide re/max a global reach of over 100 countries. nobody sells more real estate than re/max. re/max, llc, one of the world’s leading franchisors of real estate brokerage services, is a subsidiary of re/max holdings, inc. (nyse:rmax). with a passion for the communities in which its agents live and work, re/max is proud to have raised more than $130 million for children’s miracle network hospitals®, susan g. komen® and other charities. for more information about re/max, to search home listings or find an agent in your community, please visit www.remax.com.
![RE/MAX Holdings Inc - Ordinary Shares logo](/files/LOGO/1581091-RMAX.png)
Company profile
Ticker
RMAX
Exchange
CEO
Adam Contos
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Booj, LLC • First Leads, LLC • Motto Franchising, LLC • Motto Marketing Fund, LLC • RE/MAX, LLC • RE/MAX Caribbean Islands, LLC • RE/MAX Foreign Holdings, LLC • RE/MAX Integrated Regions, LLC • RE/MAX Marketing Fund, LLC • RE/MAX Ontario-Atlantic Canada, Inc. ...
IRS number
800937145
RMAX stock data
Latest filings (excl ownership)
8-K
Departure of Directors or Certain Officers
3 Jun 24
8-K
Submission of Matters to a Vote of Security Holders
29 May 24
8-K
Re/max, LLC Settlement Agreement Granted Final Approval In Antitrust Class Action Lawsuits
9 May 24
10-Q
2024 Q1
Quarterly report
2 May 24
8-K
Re/max Holdings, Inc. Reports First Quarter 2024 Results
2 May 24
ARS
2023 FY
Annual report to shareholders
11 Apr 24
DEFA14A
Additional proxy soliciting materials
11 Apr 24
DEF 14A
Definitive proxy
11 Apr 24
8-K
Departure of Directors or Certain Officers
21 Mar 24
8-K/A
Departure of Directors or Certain Officers
13 Mar 24
Transcripts
RMAX
Earnings call transcript
2024 Q1
3 May 24
RMAX
Earnings call transcript
2023 Q4
23 Feb 24
RMAX
Earnings call transcript
2023 Q3
3 Nov 23
RMAX
Earnings call transcript
2023 Q2
3 Aug 23
RMAX
Earnings call transcript
2023 Q2
3 Aug 23
RMAX
Earnings call transcript
2023 Q1
5 May 23
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
Latest ownership filings
4
Adam K Peterson
3 Jul 24
4
Adam K Peterson
28 Jun 24
4
Adam K Peterson
21 Jun 24
144
Notice of proposed sale of securities
7 Jun 24
4
Robert Michael Fuchs
5 Jun 24
3
Robert Michael Fuchs
5 Jun 24
4
Abigail C. Lee
29 May 24
4
De Bogart Teresa S Van
24 May 24
4
Annita M Menogan
24 May 24
4
Katherine Lee Scherping
24 May 24
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
---|---|---|---|---|---|
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) | 127.44 mm | 127.44 mm | 127.44 mm | 127.44 mm | 127.44 mm | 127.44 mm |
Cash burn (monthly) | (no burn) | (no burn) | (no burn) | 2.44 mm | (no burn) | (no burn) |
Cash used (since last report) | n/a | n/a | n/a | 9.42 mm | n/a | n/a |
Cash remaining | n/a | n/a | n/a | 118.01 mm | n/a | n/a |
Runway (months of cash) | n/a | n/a | n/a | 48.4 | n/a | n/a |
Institutional ownership, Q1 2024
13F holders | Current |
---|---|
Total holders | 108 |
Opened positions | 100 |
Closed positions | 3 |
Increased positions | 2 |
Reduced positions | 2 |
13F shares | Current |
---|---|
Total value | 119.22 bn |
Total shares | 29.58 mm |
Total puts | 68.10 k |
Total calls | 12.10 k |
Total put/call ratio | 5.6 |
Largest owners | Shares | Value |
---|---|---|
RIHI | 12.56 mm | $483.42 mm |
Magnolia | 3.04 mm | $26.64 bn |
Magnolia Capital Fund | 2.37 mm | $0.00 |
BLK Blackrock | 1.48 mm | $12.95 bn |
Vanguard | 1.12 mm | $9.84 bn |
GS Goldman Sachs | 1.07 mm | $9.35 bn |
Dimensional Fund Advisors | 960.66 k | $8.42 bn |
Renaissance Technologies | 895.90 k | $7.86 mm |
D. E. Shaw & Co. | 507.61 k | $4.45 bn |
Aqr Capital Management | 449.99 k | $3.95 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
2 Jul 24 | Adam K Peterson | Common Stock | Buy | Acquire P | No | No | 7.92 | 522 | 4.13 k | 3,150,674 |
1 Jul 24 | Adam K Peterson | Common Stock | Buy | Acquire P | No | No | 8.03 | 26,000 | 208.78 k | 3,150,152 |
28 Jun 24 | Adam K Peterson | Common Stock | Buy | Acquire P | No | No | 8.27 | 23,500 | 194.35 k | 3,124,152 |
26 Jun 24 | Adam K Peterson | Common Stock | Buy | Acquire P | No | No | 8.03 | 2,180 | 17.51 k | 3,100,652 |
21 Jun 24 | Adam K Peterson | Common Stock | Buy | Acquire P | No | No | 8.34 | 12,000 | 100.08 k | 3,098,472 |
20 Jun 24 | Adam K Peterson | Common Stock | Buy | Acquire P | No | No | 8.35 | 2,000 | 16.70 k | 3,086,472 |
18 Jun 24 | Adam K Peterson | Common Stock | Buy | Acquire P | No | No | 8.3 | 46,629 | 387.02 k | 3,084,472 |
3 Jun 24 | Robert Michael Fuchs | Class A Common Stock | Grant | Acquire A | No | No | 0 | 36,234 | 0.00 | 72,468 |
3 Jun 24 | Robert Michael Fuchs | Class A Common Stock | Grant | Acquire A | No | No | 0 | 36,234 | 0.00 | 36,234 |
News
Insiders Buying Citi Trends And 2 Other Stocks
5 Jul 24
Stephens & Co. Maintains Equal-Weight on RE/MAX Hldgs, Lowers Price Target to $9
6 May 24
Amgen Posts Upbeat Results, Joins OneSpan, Paylocity Holding, MercadoLibre And Other Big Stocks Moving Higher On Friday
3 May 24
RE/MAX Holdings Sees Q2 Revenue $75M-$80M Vs $78.76M Est.; FY24 Revenue $300M-$320M Vs $310.41M Est.
2 May 24
RE/MAX Hldgs Q1 2024 Adj EPS $0.20 Beats $0.19 Estimate, Sales $78.287M Beat $77.265M Estimate
2 May 24
Press releases
Nearly Two-Thirds of Gen Z and Millennials Are Ready to Become Homeowners, Prices Are Holding Them Back
25 Jul 24
RE/MAX NATIONAL HOUSING REPORT FOR JUNE 2024
17 Jul 24
RE/MAX HOLDINGS, INC. TO RELEASE SECOND QUARTER 2024 RESULTS ON AUGUST 8, 2024
11 Jul 24
86 per cent of Canadians like the quality of life in their neighbourhoods, finds RE/MAX Canada
10 Jul 24
RE/MAX Selects BOSSCAT™ to Join Approved Suppliers for Instant Estimates, Online Ordering Technology, and Turnkey Pre-List Renovation Services
9 Jul 24